The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1880-07-03
A HOPELESS CANDIDATE.
LErrER OF ACCEPTANCE
In which Roth Parties Are ArraiEned
Before the PeopIe-The nol.
low Cry OF Foriorn
Champion.

CHICAGO, July 2.-GeneralJ ]. B. weav
er, the Greenback candidate for Presiden
has written q long letter Of acceptance, IL
! which he expresses his qualification a
the honor conferred upon him and accept
the nomination as solemn duty. HI
says: "our party hath this significance;
1t is great labor movement, composed o
earnest people who earn their bread BY
honest toll, whether Of hand, head or
heart; and as the world depends for the
comforts OF life upon the various
departments OF human toll, so will every
part OF society feel the influences Of the
great achievements OF our organization
that lie Just in the future; for when labor
is prosperous every other element Of 80
ciety feels the impulse of vigorous life
The three great political parties have each
selected their candidates and made formal
declarations OF thoir principles. 1t is now
the high duty Of every citizen Of the Uni.
ted States to Judge between them, and
alter careful inquiry as to the aims and
purposes OF each to determine the organiza.
ton with which duty calls him to act.
The admirable platform adopted by the
Convention has my cordial approval. It
is comprehensive, reasonable and pro.
gressive, containing those principles Of
economical reform essential to the
preservation OF the liberty and prosperity
Of the whole people. 1t being the duty OF
man to earn his bread by the sweat OF his
face, it becomes the first duty OF the civil
government TO foster industry. All laws,
therefore, which place premium upon
idleness, whether OF men or money, un-
Justly discriminate in favor OF capital, or
withhold from honest men the full and
Just reward oftheir labor, are simply mon
strous. Capital should be the servant Of
labor rather than its master. This great
truth can never be realized until there Is
an adequate circulating medium.
Inasmuch as this circulating medium
Is for the benefit Of all, its issue and volume
should be sacredly kept in control OF the
general government without the interyen-
ton of;banking corporations. All money,
whether gold, silver or paper, should be
issued by the supreme authority Of the
Nation and be made full legal tender in
the payments OF all debts, public aud pri-
vate. The system which now prevails,
gives into the hands OF banking corpora.
tons absolute control over the volume OF
currency, and through this they have the
erty OF fifty millions Of people. by pro-
vision OF Law the method il clearly defined,
whereby they may. without limit, inllate
or contract the currency at will. COgnate
to this and part OF the same scheme,
stands a system oifnnding the public debt
like the national banking. This was bor-
rowed from the Euglish monarchy.
by this system An enormous noulaxable
interest bearing debt Is ~ perpeLuate
the bonds, support the bankers, and the
banks foster the public debt II you pay
of the bonds, the banks must cease TO sS-
list; hence, II the National banks are to
continue we must have a perpstual
bonded dent. Both patriotism and sound
sta,esnanship loudly call for the abolition
OF banks Of issue and the substitution OF
legal tender treasury nUles for their cir
culalion; pay the bonds according to con-
tract and as rapidly as possible. Seven
hundred millions OF public debt become
redeemable at tho option OF the Govern
ment duriGg this aud the ensuing year;
two funding bills are now pending before
Congress, one introduced bya Democratic.
and the other by u Republican leader OF
the House, whereby it is proposed to de-
prive the people for twenty or thirty years
OF the lawful right 10 pay the bonds. This is
a crime ng,nst the laborer and taxpayer,
and should cause widespread alarm among
all classes.
The annual revenues and idle coin in
the Treasury, and which must continue to
accumulate II the silver law approved
May oSth, 1873, shall be honestly enforced,
are ample TO pay every dollarof the $780,
900 900 both principal and interest within
the next six year. There Is not the slightest
excuse for funding these bonds, ex-
cept TO perpetuate debt as the basis OF an
iniquitous banking monopoly.
1t must be apparent TO all that great
moneyed institutions, and other corpora
tions, now have control OF nearly every
department OF the Government, and are
fast swelling up the profits Of labor, and
reducing the people to q condition OF vas
salage and dependence. These monopo-
lies, OF whatever class, headed by associa.
ted banks are inter.locked in purpose, and
always act In the closest sympathy.
There are three great industrial classes
In America: LIST. The producers. I'd.
Those who manufacture our rawlmateriale
and prepare them for use. Sd. Distribu-
ters for these products. Each should be
protected in the legitimate profits and
products OF their labor, but should not be
permitted to extort from and enslave the
others. The great problem OF our
civilization Is how TO bring the
producer and consumer together.
This can only be done by providing an ad.
eauate circulating medium aud by rigid
regulation OF Interstate commerce and
Transportation. This was wisely foreseen
by the trainers OF the Constitution, and
accordingly by the section OF Article lst,
Congress is clothed with power ITO regu-
late commerce with foreign nations among
the States" This power imposes cores
ponding duty upon Congress to see these
enforced. The two great agents OF COM
merce are money and transportation. 1t
ia undeniable that both these agents are
under the absolute control Of monopolies.
BY controlling the volume oil money tue
banks fix the price OF all labor aud proper
ty, and the railroads by combination rem.
der competition impossible, and control
absolutely the price Of transportation.
This PLACES the people between the neither
millstone and grinds them 70 powder. It
results In the wholesale robbery Of both
producer and consumer. Who Is able to
controyert this stupendous iact2 Farmers,
planters and laborers Of the United States,
beseech you to open your eyes at once
to this alarming condition OF things. l
am especially thankful that the platform
Of the party which placed me in nomina-
ton is open, bold and unmistakeable on
these great questions. The Republican
and Democratic platforms are either silent
with regard to these vital issues or they
have pronounced in favor OF monopolles
nj nnninaL the nannlA With 10000. .ON