Weekly Chillicothe crisis. (Chillicothe, Livingston Co., Mo.) 1878-19??, 1880-07-15

BLOOMFIELD, Iowa, July |, 1880.
Hons. S. +. Norton, L. II. Gillette, Solon
Chase, S. d. Dillaye and E. p Allls,
Committee:
GENTLEMEN--lt is my pleasure to ac-
knowledge the receipt OF your letter of the
23i of June, formally notifying me Of my
nomination for the office Of president OF
the United States by the united Green
back-Labor party, whose representatives
convened at Chicago, June 9th, 1880
am profoundly grateful for the honor
conferred. Fully realizing the high re-
sponsibility to which | have been called,
and conscious that the position WAS un-
sought by me, accep5 the nomination rs
a solemn duty. The convention is to be
congratulated upon the great work accom-
plished in the unihcation Of the various
Greenback and Labor elements into one
compact organization. This was OF first
Importance, and thoroughly prepares our
forces to strike decisive blow for indus
trial emancipation during tine impending
struggle.
Our party hath this significance: 1t is a
great labor movement, composed OF earn
est 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
ieel the vivifying influence of the grand
achievements Of our organization that lie
lust in the future; for when labor is pros
porous, every other element OF society feels
the impulse Of vigorous life.
The three great political parties have
each selected their candidates, and made
formal declarations Of their principles. II
is now the high duty Of every citizen Of
the United States 10 judge between them,
and, after careful inquiry into the aims
and purposes of each, to determine the
organization with which duty calls him to
act.
The admirable platform adopted by the
convention meets my cordial approval. II
is comprehensive, reasonable and pro.
gressive-containin those principles OF
economic reform essential to the preserva.
tion 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 first duty of civil government to los
ter industry. All laws, therefore, which
place premium upon ldleness, whether
of men or money, uniustly discriminate
in favor of capital, or withhold from hoo.
est men the full and just reward of their
labor. are simply monstrous. Capital
should be the servant Of labor rather than
its master.
This great truth can never be realized
until there is an adequate circulating me-
dium. Inasmuch az this circulating me.
dium is for the benefit of all, its issue and
volume should be sacredly kept under the
control of the general government, with
out the intervention of banking corpora.
tions. All money, whether gold, silver OF
paper, should be issued by the supreme
authority Of the nation. and be made a
full legal tender in payment of all debts,
public and private.
The system winch now prevails, gives
into the hands of banking corporations alb.
solute control over the volume of the cur
rency, and through this they have the
power to fix the price of labor and prop.
erty of fifty millions of people. BY pro.
vision Of law, the method is clearly de.
fined whereby they may, without limit,
initiate or contract the currency at will
Cognate TO This and part of the same
scheme, stands the system of funding the
public debt. like national banking, this
was borrowed from the English mon.
archy. By this system an enormous non.
taxable, interest bearing debt is perpetu
ated. The bonds support the banks, and
the banks foster the public debt. II you
pay off tho bonds the banks must cease Il
exist. Hence, if The national banks art
to continue, we must have perpetual
bonded debt, Both patriotism and sount
craftsmanship loudly call for the abolition
Of banks OF issue, and the substitution o
legal tender treasury notes for their circu
lation. Pay tho bonds according to con
tract, and rs rapidly as possible,