Weekly Chillicothe crisis., 1880-01-01

ny uniteu 81 a'cR h0nus. Wei The
ireonba& is the UmtodSta,es bond
The Bonds on which the National
Bank Currency is issued bear inter-
est. They are issued for the ben.
eft OF banks The Grcenback Bond
don't bear interest. They are issu.
ed for the benefit Of the people.
Both kinds of bonds are payable out
of the same innd-Taxes. The
Bond which bears Interest, and
which is issued for the benefit OF
Banks, and which is exempt from
all kinds Of taxation has TO be paid
by the lax payers who are not OK.
empt from taxes. The Greenback
Bond, which bears no Interest, and
IS subject to taxes has to be paid by
by all the taxpayers.
The National Bank currency ia
an over.drainlng leech; it draws
night and day, aud .always for the
benefit of Bankers. 1t is an inpo.
sltion II Is q curse it is an untsx-
cd outrage, and the Republican
leaders say it shall bo kept up.
Withdraw the National Bank cur.
rency and put in its place Green
back currency, and the people hate
all the security they now have.
Who Is hurt by such substitution
The Banks and the banks only.
Who is benefited? The people.
Do this and taxation will be equal
lied. Keep the national Bank cur,
rensy in circulat ton, and the farmer
aud mocha mic have TO pay the lax.
0s of the Bondholding Ba mixers. 1t
IS priAilege for the rich. II is taxes
and burdens for the poor.
The Secretary of the Treasury
now recomcnds that all the Bonds
not funded INTO four and four and
q half per cent Bonds be so funded
in thirty year Bonds exempt from
taxation. This recommendation IS
an insult to the people.it is to make
Bonds immortal, privilege eternal,
and q National Debt an unending
and ev er broodlng curse. 1t is
made to benefit Banks and Bankers.
1t is made TO enslave the people.
Fund the old Bonds into new Bonds
and you place the whole currency
Of the United States in the keeping
of the Bank Association. The
Banks will then have the exclusive
power to say how much or how lit.
tie currency shall be circulated,
1t is to give the Banks the power
to regulate suicides, bankruptcies,
and failures.
Ii is to give the Banks the power
to regulate prices of land and It's
! product Labor and its wages
and all the products Of industry.
II is to offcra reward for privilege
and bounty for Usury, arstocracy
and robbery.
1t is to invite reputation, and tc
ofi'or a premium for Revolution.
The Constitution declares tha
there shall be no patents of nobility
Every hond is q patent of nobility
The people submi tied to the swim
die In times of war. They will no
submit TO il in times OF peace.
To-day the issue is before III,
people, Who shall regulate tho Cur
rency? 1t i, either 10 be the Gov
ernment, or it is to be the Banks.
The battle ls before us; one or ,h,
other must win-Governmont papcl
or Bank paper. That is the ques
ton. Lest than five per cent OF lh,
people own the Banks. Less thai
one per cont of the people contro
the banks. The people make les
than two per cent by their labor il
producing the wealth of tho nation
Less than five per cent of the peo
pie control the whole people, ant
make twenty-five per cent Of prof
out of the people if the Banks con
troll the country.
Eighteen hundred millions o
Capital in the hands of the priv
lleged is untaxed, crowned will
monopoly, and would usurp tho
Currency OF the nation to enslave
the people. There is but one thing
TO do: Put an end to all Naliona
Bank Currency, or National Banks
will put an end 10 every principle
of equality.
II tho National Bank Currency is
not killed, the Green back Currency
will be killed. The question then, Is
Who shall furnish the Currency ot
the nation-the Government or the
banks ?
If the nation furnish ii wo save
the interest on $l,200,O00,000 .ot
United State Bonds, which nj 4 l-2
per cent, is s54,OOO,OOO annually,
If the nation furnishes the Currency
Bankers cease TO be the despots o.
money Usury ceases, tyrany in