The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1881-11-01

PFeaent State Of AGhIFs.
Editors InteIlIgsucsE;
A friend called the attention OF the write
10 a recent article in the columns Of you
paper, in which you inquire what has be
come OF the writer, and Of his "faithfu
GreenbaCk following in the lower part o
this Commonwealth
II the editor Of the ISTELLIGESCER woulC
seek information from such valuable mess
engers OF truth as the National Viep, Chi
Cago ErPress, New York Sentry, and NatioRG
Standard (Williamsporl, Pa he woulC
know something more than be does abou
the progress Of "the' financial heresy o
Greenbackism.n Let the editor then bC
informed that there are a thousand recruits
every week being added to the Greenback
party everywhere, exceptin West Virginia
where BOurbOnism, bigOtry and BLINDNESS
in finance are the common heritage OF Re
publicanism and Democracy.
He who does not wish for light upon Q
particular ubject can readily find epithets
II not reasons, for his Ignorance. Some
years ago the INTELLIGESCIR was courteous
enough TO give space to few OF the writer's
articles on the important subject OF finance
but when the writer undertook to invite
the editors attention to the logic OF the
editors positions. he did not accord hear
ing to the writer.
How is it now? The writer is too sin
cere in his convictions, to palm off cpl,
thets for arguments He leaves this con.
venient method OF disposing oil
grave questions to the hard money
school OF theorists, who think there can be
no honest money that does not Jingle.
Unfortunately for our organization in
West Virginia, it became early infected
with office seekers who, failing in their as
pirations, returned to the fold they ought
never have left. We are now happily rid
OF them, and those who remain are faith
full opponents Of the honest sentiments Of
the Greenback party,
The same liberality OF sentiment that
prompted millions OF human hearts to pray
for the recovery Of President Garfield,
sends up aspirations for the welfare Of the
whole family OF common kindred-and
this can only be promoted by the easy &c.
QUESTION Of that which they daily need
money
The spirit Of tho age appeals for new
monetary methods. Metallic money is one
dollar in supply to ten in demand. While
the civilized world is hopelessly in debt, il
il more hopelessly bankrupt in money.
The uses Of money annually multiply by
billions, from increasing population and
new industries, while the demand Is not
met with millions II the people through
their Government are not sufficiently edu.
Gated in economic methods to make pro-
vision for their growing wants, they ought
to be RENTED to the barbarism OF savage
lifel Metallic money for hundreds OF years
has been q delusiCn, and hence became
the parent Of the fraudulent system OF
paper issue by banks. RefOrmers, in all
ages, have been Classed by ''mossbaCks" rs
lunAtiCs, and GrcenbaCkers must submit to
this mild form" OF reproaCh, until the
necessities Of the people compel the ex-
ercise OF common sense. The day is not
distant when sound morals in finance will
claim its proper position in the code OF
political ethics, and as q matter OF course
banks OF issue must go.
II the editor OF the INTELLIGESCER is
really DESTROYS OF laying before his readers,
the principles Of the original Greenback
party, he will fndthem summarized in the
following propositions;
FiBt-Nothing to circulate MS money
which Is not the direct emenation OF the
National Government,
Second-The purchase by the Govern
ment Of no more silver bullion than is
necessary, like copper, for auxiliary coin.
age, and no more gold than Is needful for
the discharge Of It's gold contracts or bal.
ances OF foreign trade.
Third-The payment Of all domestic ex.
penses by the constant issue OF full legal
tender Treasury notes, Invested OF the de-
lusiye pretense OF redeemability in me.
talic money; suCh Issue to continue until
the monetary wants Of the people are ac-
Commodated, at q rate Of interest not ex-
Ceeding three per cent, per nnnum.
Fourth-If the people are sovereign
through government to enact laws, they
are equally sovereign to create its highest
Creation-money.
Fifth-As debt is not the normal condi.
ton Of political society, the exigency that
demanded It's creation can provide that the
sovereign power shall cancel tin any
medium that Ia acceptable to the creditor.
Now, friend Campbell. we arc each
battling for the common good. Don't dis.
pOnt VI blGdG hiIlClGb VI NlGCuUltth lultllt
by gibes and jeers. II you have any com.
ments to make please give them in the
form OF argument, and in the courteous
spirit you are wont to exhibit.
The fact that nearly double as many
miles OF railroad were constructed during
the past year, rs were opened the proceed.
ing year, il referred to by those who look
only at the surface OF things, as conclusive
evidence that we have prosperous tines"
and ian abundance Of money" It is as
logical to assume that because the labors OF
the husbaDdmen have been crowned with
abundant harvests, that therefore the same
Providence has accorded to the country
an equally abundant medium to represent
and exchange them, while the truths that
this irrepressible' evidence OF increasing
wealth Is forcing channels Of inter.com.
munication, not as an investment oil money
but as means OF reaching a market. They
were constructed, no doubt, upon credit,
as to ninety per cent Of their cost
When the government (the aggregated
people, mOnOpolizes the creation Of money,
the transportation Of the productions Of la
Dor and the transmission Of news by tele-
graph, in the same manner that II mono
polizes the postal service, there will be a
common realization Of the blessings Of Re.
publican liberty. j, NJ. LAtDLEY.
wHTIRRU'nd