The weekly clarion. [volume] (Jackson, Miss.) 1863-1882, 1880-07-14
THE GRRRNRACK PARTY.
Letter OF Gen. Weaver, Greenback NOM
inee for President---His Views on the
Relations of Capital and Labor.
THE FUNDING BILLS, THE NATIONAL BANK
ING SYSTEM, THE CIRCULATING NE
DUN AND IRA NSPORTATION, COME
IN FOR A SHARE OF ATTEN-
rION-IAND FOR SETTLERS.

CHICAGO July 2-General J. Is. Weaver,
Greenback candidate for President, has writ
ten a long letter Of acceptance, in which he
expresses his qualification for the honor con
ferred on him and accepts the nomination as
solemn duty. He then says: Our party has
this significance. Il is great labor move
meut, composed of earnest people who earn
their bread by honest toll, whether OF hanu,
head or heart and. as the world depends for
the comforts If all life upon the various de-
partmeuts Of human toll so Will every part Of
society feel the viVifyIng influence OF the
grand achievements of our organization,
for when labor is prosperous every other eie-
mont of society feels the impulse of vigorous
Ii e. The great political parties have selected
their candidates and made formal declarations
Of their principles. II is now the duty Of every
citizen Of the United States t. Judge between
them. and after careful inquiry into the aims
and purposes OF each, to determine the organI-
ration with which ii IS their duty act. The
admirable platform adopted by the convention
meets my cordial approval. It Is comprehen-
siye, reasonable and progressive, containing
those principles OF economy and form so es
sential 10 the preservation of the liberty and
prosperity of the whole people. 1t being the
duty Of man TO earn his bread in the sweat OF
his face, It becomes the hrsL duty OF the elEl
government TO foster industry All laws,
therefore, which place premium upon idle
ness, whether of men or money, onlusty DIS
criminate in favor of capital, or withhold from
honest men the full and just award of their
labor, are simply monstrous. Capital should
be the servant of labor rather than its mas
Ter This great truth can never be realized
until there Is an adequate circulating me-
dunn Inasmueh as this circulating medium
Is for the benefit of all, Ies current volume
should be sacredly kept under the control OF
the general government, without the inter-
veution of banking corporations. All money
whether gold silver or paper. should be issued
by the supreme authority OF the nation, ana
be made full legal tender in the payment OF
all debts, personal and private The system
which now prevails gives into the hands OF
banking corporations absolute control over
the value of the currency, and through Tins
they have the power TO nix the price OF the
labor and property Of nifty mliiionS r OF peoP1e
nv the provisions of the law The matter
- clearly defined whereby they may without
limit initiate or control the currency az Will
CoEnate TO this, and part OF the same scheme'
stands the system of funding The pubhc peot
Like national banking, this was borrowed
from the English monarchy by TINS system
an enormous taxable Understanding oeot ID
TO be perpetasted. The bonds support the
hanks and the banks foster the pubic deot-
If YOU paw of the bonds the banks must cease
70 exist; hence, if the national banks are 70
continue we must have a perpetual bohdeu
debit Both patriotism and sound statesman
sb3n loudlv call for the abolition of banks OF
issne and the substitution of legaI-tender
treasury notes for their circulation ray the
bonds according to contract, as rap.di! as
nossjble Seven hundred million doIlsrs OF
The public debt becomes redeemable al the
optien Of the government during this ana the
ensuing year. Two funding Pills are now
handing before Congress. one -
RanoncIatie and the other by a Republican
leader of the House, whereby 1t is proposed 50
deprive the people for twenty and thirty Years
of the lawful right to pay said bonds rms is
= crime against the 1aborer and taxpayer
and should cause widespread alarm among all
classes. The annual surplus OF revenues ana
idle coin now in the treasury, and that wnlch
must continue TO accumulate If the SILVER law
approved February %, 1878 shall be honestly
enforced, are ample to pay every dollar OF the
seven hundred millions, both principal ana
interest. within the next six years. There Is
IL he sli0htest excuse for funding these
bonds. except TO psrpetuate the debt as basis
of an ubiquitous banking monopoly nope rsd IL
u:oa ;natitutions and other corporations
% NOW have control Of nearly every depart
ment Of tho government and md are s1d fast 4s
swallowing up, The prohi5s q la9 70 anu re-
and dependence These monopolies, Of what
ever class. headed by associated banks, are
intsrlOeked in purpose and always act IN the