The weekly clarion. [volume] (Jackson, Miss.) 1863-1882, 1881-11-03
ereenbackers and Anti-MonOpoIist..

ABOUT L1e pfLnCip1cS anu P0h19 " LIZ
Democratic party, and if We are not, the
proper place for the men whocall them
/. selves BY the distinctive terms, Green,
hacker aud Anti-Monopolists, is in the
. Democratic party, provided their creed
is what they really declare it to be. We
could not belong to any party which
does not oppose the creation of monop-
olies, favored classes and interests en-
joying special privileges at the expense
of the mass of the people. Equal rights,
and no discrimination, and no separate
emoluments for the benefit of any class,
has always been Distinguishing feature
of the Democratic creed. The Green
hackers and Anti-Monopolists say that
Iaborers "should reap the reward of
their toll, and any administration of
government, that either directly or in
directly, puts upon them any more than
their just burdens, is not fulfilling its
proper mission, and to carry this theory
to its legitimate result, We assert that
no property should be exempt from tax
alton, except property belonging exclu-
sively to the government" So say the
Democrats, and in their platform of 1880,
they declare for tariff for revenue only
that taxes should be collected for
public and not for private use. And in
the matter of exempting from taxation
the class who have invested their capt.
tai in United States bonds, the Nation
al Democratic Convention of 1868 which
nominated Mr.. Seymour for the Presi-
dency, passed this resolution
Equal taxation of description of property
according to its real value, including bonds
and other securities.
/ In 1862, Mr.. Holman, a Democrat
from Indiana, pending bill in Congress
for the issuance of bonds, offered the
following Proyiso:
/ That nothing in this act shall impair the
right of the States to tai the bonds issued
under this act.
This was the position of the Demo
Gratis in both houses of Congress repeat
edly expressed, and was never surren-
dered until the opposite policy of ex-
emption become a fixed and immutable
condition Though an unjust oqe) be
tween the government and the priv
LEGGED bondholders.
The Anti-Monopolists say that "the
outstanding bonds should be paid as fast
as possible" so as to rid the toiling peo-
pie of their burden, and compel the
bondholding pIqtocrats, to invest their
capital in taxpaying enterprises. So say
the Democrats. They have constantly
voted in Congress for prompt pay
msnt Of the national debt and
for short bo4ds True, the late
Fernando Wood, a Democrat, Who was
at the head of the House Finance Com
mite, advocated long bonds, but his
plan was repudiated by his party.
The Greenbackers and Anti-Monop-
olists say that the National Banks
should be abolished, and that the gener-
al government should coin and issue the
money of the people. So say the Dem
ocrats; and they are but following the
precepts Of Jefferson, Madison, jack
son, Calhoun, Polk and all the
great lights of the party of the
early aud the later day. At the last
session of Congress, the Democrats
voted to refund the bonds maturing the
present year bearing and per cent,
with 3 per cent. bonds, and to require
the national banks to deposit 3 per cents.
as basis for their circulation. Tie
body of the Republicans opposed the
amendment as they opposed the bill
itself. The Democrats and Graenback-
ers passed it. The fraudulent Republi-
can President vetoed it. Its failure has
cost the tax-paying people millions upon
millions Of dollars, which have gone
into the Golfers Of the nabobs for whose
benefit a system of legalized robbery
has been carried on for twenty years.
The Greenbaekers and the Anti
Aonopolists say they are in favor of an
abundant circulating medium. In plain
terms, a plenty of money, to supply the
necessities of trade. The Democrats
have always opposed the cruel and ruin
Gus policy of contraction as their votes
in Congress will show.
The Anti-Nonopolists and Green
hackers say they are in favor of the
silver dollar. So are the Democrats,
who, by their persistent agitation,
its reconciliation. True,
the law of 1873, is partial only. I'll
provides for its limited coinage. But
the Democrats are pledged to place
silver upon an equality with gold as to
coinage. +,
The Greenbackers and Anti-Monopo-
lists say that corporations are spperYis-
able by the State, 50 say the Demo-
,rats. 1t is ia their Platform; and two
Democratic Legislatures 9
have in the most emphatic terms en-
bodied the creed in bills which they
nave passed. The bills did not become !
avs; bqt the pledge remains to carry
he doctrine into execution, and there Z
5 no reason to doubt that it will not be I
UTILIZED to the letter. If it is not done, s.
t viii be time enough to try the exper- Z
ment Of new party. All Democrats .
Omit the necessity, and our word for it, 81
he promise will be redeemed, not to g
he detriment of corporations, but for b
be protection Of the people, and as a re
aatter of justice to all. p
But Why continue the argument?
70 intelligent person can fail to under
tand it.