Louisiana capitolian., 1880-07-24

iN th"h WI ShiiNbNIt NiS'hN' SV'Nt
'er, or paper that passes as money to
, debts, shall be % legal.tender for
ITS, that the coinage Of gold and sill
shall be unlimited, that bank notes
il be withdrawn from circulation and
enbacks shall be put in their place,
that tho gfecnbacks thus issued
il be used to aid the payment Of bonds
mt to fall due.
hero are some people who are foolish
ugh to think that 1t won't make any
erence to the people which Of these
tforms are adopted. Such persons lo
understand the questions involved,
therefore make fearful mistakes in
crencc to the matter.
he bankers now have about S345, 00O,-
Of money, which Was given to them
jhont days labor rs IN equivalent
it. This money they loan to the peo-
at high rates Of interest, payable
,ry three months. They use this
,iey to prop up great corporations,
'raud labor, control elections, bribc
islation, snbsidize the press, and rob
people.
: ,'he Democratic party proposes to let
10 bankers keep their money and con-
ne their schemes to plunder the peo-
'5lie Greenbaekers would wrcst this
Yer from the bankers ut once. On
lther point the Grecnback platform
,rrs from tho other two, and that is III
renee to the payment of the public
Y. The old parties want the debt
ended into bonds bearing 81 per cent.
nrcst that cannot be paid, thus max
1.-THE toilers work and sweat for gen
ions to pay the interest. On tho
'ar hand, the Grccnback platform de-
otls tho payment Of the bonds as fast
tuey become due, and points out the
o. to do this.
.,w any working man, any farmer Or
s'lanic should hesitate one moment
Deciding which Of these platforms to
yort and what candidates to vote
;, can only be explained on the ground
i the majority of the voters do not
IN rstand tho question. If this tinan-
10 question was thoroughly understood
,c lc voters of this country, Weaver
. Chambers would be elected by %
II City of nine to one"
~ + foregoing conclusivcly shows that
- Ter your party nor yomscJ have "nc-
'" d rs much Of our creed as is war
" =, Il by due regard to common sense
~ ommon honesty" We believe that
', lclf.cvidcnt that q liberal volume
>" ~, rcncy, largely composed Of paper,
~ blutely essential to tho develop.
- Of the great resources Of our coun'
:, y eflccting M easy exchange and
eblc distribution of the fruits Of
" a We believe that it is q common
:, sproposition to say that it is safcI
, :, tcust tho control of tho vOlupe o.
- - tluo of paper money to the gorcrn
Z, mwhich we demand shall be of thu
=. p, by the people and for tho people
:, rsthan to corporate or privileged
. . intions, whether they bc National
y :. S,or any other kind Of Banks. W.
gthcr; VIC believe that "commol
. hoy" demands that the people
thh their Government, assume ant
:, min entire control over the issuin.
:, ofurrency; that they may have
" stmcdium Of exchange, rs free from
tlutions, and tho control of tn
Q "ry power" as now constituted, a
y poe. In our position, in favor
o trey notes, instead of bank notes
u we cintrcnchcd behind the opinion
Of y tinancicrs and patriotic states
. neon some of whom feel justitic'
!. in ing o ftw extracts. Plato said /:
-, 'rcncy should be that which
moaluable to ~ State, and of no val
ue ny other country"
/ Jrson said:
"a not among those who fear Il,
$ peo they and not the rich, are OH
: depcnce for continued freedom, an
: to pryc our independence, wo mus
, not our leaders load us with perpe1
: ual ot." And again: 81 sinccrel
> belithat the banking establishment
arc re dangerous than standing ~
: mics
Anw Jackson said:
"Corations which create tho pap'
montannot be relied upon to kcc
the ,ulating medium in nnifor1
amOli'
JoRnskin said, of the finance que
ton:
"Tlintricacy of tho question h;
been rh increased by the hitherto N
ccssanse of marketable commoditie
such gold, silver, salt, shells, etc.,
give iinsic value and security to Gu
rcncy ut tho final and best detinitio
of mof is, that it is a documental
promi,ratiticd and guaranteed by Il
nation give or find u certain quanti'
of labor the results of labor"
F'rann said:
"Gohnd silver are not of intrins
cally onual value with iron. The
value rs chiefly in the estimation the
happen be in among the generality
nationsAny other well founded cred