The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1881-12-08
md Il rrtcnlmck dollar

and Il grecnback dollar.
.. / want To know il anybody In,
bankers, brokers mud bonihoiders DO.
sired thcexccptionn clause in the original
bill authorizing tho peoples money, ol
worked for its insertion.
O. / want to know II those vino do.
sired that exceptional clause lost my.
thing thereby.
Z. / want TO know il wc have eve,
had panic IN money matters causing d
business crash, that has not been Great.
cd Ivy contraction Of the currency,
either here or abroad, the effects reach.
ing us through the connecting link Of a
metal base.
3. want to know If it il possible fol
the circulating medium of n country tc
be materially contracted without rcduc.
ing the price Of land, labor and its pro.
ducts.
3. II not, want to know il it will not
be better for the people to issue their
own currency, through Congress OF
their choosing, which il responsible to
them TO hold it steady, than 10 leave il
in the hands Of banking corporation.
who can expand or contract ii, ~ suits
their own interest? A we learn from
section 4 net OF Congress, approved
June 20, 1874. which net reads thus
The national banks may retire their
circulation wholly, or in part !" also act
passed Jan. II. 1876. which reads "All
limitations to the issue of natlonal-bank
notes are hereby removed, and said
banks may now increase their circua.
ton without regard to limit"
10. want tn know how many husi-
ness houses failed, how many manufact-
uring establishments were closed, how
many men were thrown out III employ
ment, how many farms were lost by tho
forcclosing Of mortgages during tho
period Of contraction ending in the So
called resumption Of specie payment !;
and l want to know further how many
Of those farms belonged to soldiers, their
widows, or their children; and l also
want to know how great a proportion If
all this loss has been due to the con.
traction Of prices, caused by the con-
traction Of the currency.
II. want to know if national-hanls
note redeemable in partially.,lemene
tized grccnback, and secured upon
national credit in the shape Of interest.
bearing bonds, is better than II full legal
tender greenback based upon the nation-
al credit and revenues, and costing the
people no interest.
II. And if not better, want to know
why the notes representing the non in.
tcrest-hearing credit were not made full
legal tender and left to stand ~ they
We're, instead Of being converted into a
bonded Understanding credit.
l3. l want to know ii it was the pco-
pie at large, or the same parties who
secured the passage Of tho exceptional
clause in the legal.tcndcr net, that de-
sired this change Of the debt from the
non-interest to the interest. bearing
form.
II. want to know how much gold
the Government has taken from the PEG.
pie and paid over rs interest to these
same parties.
10. want to know il the banks by
expanding their currency ut the present
time, thus aiding business and stimu-
lating industry. are doing SO for politi-
ca purposes; can W. believe, Judging
from their past record, that they have
the good Of the people at heart?
l6. Also rs find from the report of
Mr.. David Wells in 1879, that between
the ages of Is and 10 years the wealth
produced hya labonng man with the
help Of machinery averages $500 il year,
and that the average wages yer year is
1856, therefore want to know who gets
all the balance and how they got it.
The toiler receives less than half the
result Of his toll. There is food for
thought here, my co-laharcrs. l will
close by asking Of our voters ii they will
allow themselves to he lulled into Sc
Guilty by seeming COOL times and vote
tn l'erleetnate orr present banking sys-
tenn when they know that the contrac-
tion Of our currency may begin any ,lay
and continue till universal panic ensues.
This struggle is not Of party, but of
humanity; it is between liberty and tho
combined money powers of the civilized
world; and only here in these United
States, where all men hold the lmllot.
can liberty hope for the aid that will
bring triumph.
Think well before you vote, is the ~
quest Of your co-laborer. Cor. RigAts
Of Man.