The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1881-01-27

On the occasion OF the recent discus
sion in the House on Woods Refunding
bill the following speech was delivered
by Hon. E. 81. Gillette. Of Iowa. He
scid:
Nh. CHAIRMAN: Tho Wood nefnnding bill
il not new, but has hung over lis like black
cloud for year. On May 10 spoke at length
upon it, and will not ace 1t pass without add
ing further protest. There arc most import
mt measures before Congress needing inmcdi-
ate consideration, measures that would benefit
the whole people. For example, tho regulation
Or railway freight charges now controlled
arbitrarily by ayaricc. A another has stated it,
"A dozen or 30 OF railway magnascs snns-
moncd by private message, meet from time to
tilc in one Of our great cities. They consult
in secret. dine and wine satisfactorily, adjourn.
and go their several ways. Next morning the
telegraph wires will have flashed across the
land their decision that every bushel OF grain
going to market, every bale Of goods passing
inland, shall hcnceforth pay % to 81 per cent.
more freight than has hitherso been paid. In
effect. this bevy OF railroad kings has arlitra-
riy reduced the value Of every farm, every
quarter section, every bushel Of grain, in the
great West. II they owned tue whole country,
and all who live IN it, they could not lord it
over us more tyrannically.s
1t il the duty Of Congress to protect inter-
State commerce from such unjust and arbitrary
imlor i,ions. We are discussing . proposition
to load down onr interests with perpetual bonds,
rather than taking steps to protect them. Like
Nero. wc fiddle while home ID burning.
wholesale Acknowledgement OF citizens III Mas
sachusetts and other States calls for prompt
action. Election frauds demand attention.
There are over 1000 bills already considered
by committees and recommended for action,
Int iii are pushed aside. that this tiil in the
interest az 4 small clssa az bankers NAV be
crowded through. II cannot be urged that pay.
day il near. for the bonds to be refunded are
not due. aud only become pavablc next wear at
the pleasure of the Government. II liz the op-
ton to pay that natures, and not the bonds.
Tho COMMITTEES on Ways and Means have
chsnccd the hill Every time fhev have cnn-
s;doreS y thav hava ro,,ortod smrnlments
Thar lat i 10 ;ssna a.rer.cent honls VA
would le willing the hin should rem ain IN their
hands Tor I wear more in hores th.y wonld dls-
cover the foily Of paving any interest and the
Shola hona Scheme.
The h,ii .mtnnr,,es .ho secret.rv of the
Trcasnrv IL borrow tha era iii n IL liv dn-
81 srr.a;ng that sha ,,.nrla shai, IL 4, n ~
cnncrstio,s md NJ n,r interest. Government.
which il another name for the people. holds
al tie power, wealth and resources of th.
nation, issues directly or indirectly all the
money. and has thousand-fosd moro credit
than all the citizens whose credit ii borrows or
proposes TO borrow, There is no reason why il
shouli borrow and nav interest for the credit
or money OF individuals. Why carry Goals to
Newcastle? Why should tho nation borrow
from itsclf2 Why ignore As own prcroga.ive
and resources2 jefferson condemned funding
a. "smindling futurty on Q large SCALE It is
q swindc to unnecessarily tax the many to
support the fsv. II 10 undemocratic and un-
republican 40 throne aud crown.
rverv hona nnst hc naid. nrinelnal and in.
teress iv lahor When xo ...li : bond va sell
the iahor ~ onr cons.,,nenia am onpossd ID
the sole I onnns., Il . I rnn,l the slara f,ade-
- = ~. :. M athn. - ,r,n.;nia and n rasnlt
Yo = have ' NO right i 10 sell the labor OF nv con.
.,;tnents "a van.isriilf. The to,l.rs xho nav
taycs ~ snnrnrt the rich and nntaAcd vi one
dsv discover ,hat thev ara tho victims 81 refined
hni crncl system ~ slavery. This bin non,i-
nallv Gala fnr per cent. interest. but cons.d-
.y ;y .Ls AZ - 80 - 49,, ,,nr,h.so r,crnv