Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1881-04-27


was largely owing to deliberate conspir-
acy entered into BY band of spectators
to raise the price Of corn, regardless ofthe
disastrous effects it would have upon both
the people and the government. He also
quoted from ex-Secretary John Sherman,
who held that it was good policy to depre-
ciate the greenbacks 50 that they
would come the more readily into
the treasury in exchange for bonds
Gen. Weaver said this was Ger
tainly good policy for the bOndholder. who
thus received three dollars for one, and
six per cent. interest in gold but what
kind of policy was it for the people who
had to foot the bill? No wonler the bank
ers declared our banking system the best
in the world when it enriched them at the
expense of the people. Gen. Weaver pre-
sented an array of official figures to chow
that the people had already paid to the
b0ndholders in interest alone many hun
dreds Of millions Of dollars more than
they (the bondholders } had invested in
behalf of the government, and that the
people still owe tho debt. and cannot
pay it as long as the present system
of banking is tolerated; because the banks
are founded on the bonds. He introduced
figures to show that had the greenback
been made full legal tender at the be-
ginning of the war, all the expenses Of the
government could have been met without
the issuing of bonds, and the national
debt at the close of the war would not
have exceeded thirteen hundred million
dollars.
Gen. Weaver next gave an amusing de-
scription of the favOritism shown bond
holders and bankers under existing
laws which absOlve them from the
payment of all taxes of every descrip
tion, enable them to deposit their bonds
with their government, receive national
bank notesin lieu of them, draw interest
in gold on their bonds, and at the same
time have nine-tenths Of their entire capi-
tai for banking purposes. He contrasted
this system Of favOritism to the bankers,
who fatten off the government with the
cold shoulder given to the poor crippled
soldier who saved the nation from disrup
tiou. Any kind of money is good enough
for him, and he must bo taxed to the
fullest extent, while only gold and
no taxation arc good enough for
the banker. General Weaver briefly
defended the bill introduced by
him into Congress, providing for pay
ing the soldier the difference between the
deprecated paper dollar with which his
services were paid, and the gold dollar Of
the bond holder.
Gen. Weaver had no faith in either Of
back would speedily come into power. It
that labor, by which all capital is produced,
must be protected. When labor struck
against capital in 1877, tho strong arm of
tho state was called upon to protect
it, and the laborers were shot
down in their tracks. Everybody
said this was right; it was necessary to
quell the riot and restore order. But
when capital struck against labor a few
weeks ago when the banks threatened
to withdraw, and some of them did with
draw their circulation, for tho express pur
pose of intimidating thegovernment, what
was then done Did the government as
sert itself against tho banks? No in
their interest, and under their threats,
Mr.. Hayes vetoed the per cent. funding
bill. It was vetoed because it provided
that the banks should be compelled to
take the 3 per cent. bonds. Hayes hauled
down the flag of the nation and surren-
dcred to the banks, and Garfield runs up
the white flag in token OF his sub
mission to them !! Garfield, who took
an oath to support the constitution
and enforce the laws, declares that the
greenback is not money, and yet the law
says it is money and makes it a legal ten
der for all debts except to the favored
bondholder. Gen. Weaver said he regard
ed Garfield rs the James Buchanan of the
Republican party and believed he was the
agent at whose hands the power Of that
party will speedily end. The question
then is, What party shall take its place ?
Not the Democratic party which for a
quarter of a century has vainly been try
ing to defeat it. The successor of tho
Republican party will be the new National
Greenback party. The great issues
of the future will be the money
question, the regulation Of COM
merce among tho states, and the
free and cheap transmission of information
by telegraph. The Greenback party favors
three kinds of money, gold, silver and
paper. and it holds that the government
should issue all of it. It now issues the
gold and silver and why should it not, in
stead of the banks, issue the paper? The
Grecnback party also favOrs governmental
control of the great railroad and telegraph
lines, that they may be used in the inter-
| est of the people, instead Of the interest
VI SlCsSG A1OuOPOSACS. AACoC fuOSGlOho
cannot be settled by the old par
ties, which are divided against themselves,
but must be settled by the new party.
General Weaver gave graphic descrip-
tion of the way in which the bosses of the
old parties manage to control them through
the agency of the caucus, and concluded
his address by declaring that "the man
who is not as honest at the polls as he is at
the prayer meeting is an arrant hypO-
crite."
Gen. Weaver is man of fine physique.
nearly six feet in height, well proportioned
and graceful. He speaks fluently and for
chilly, albeit he appears to be easily an
noyed and irritated, as was evidenced last
evening ON several occasions when boys
noisily left tho gallery, or when some
thoughtless person in the audience made a
remark that was overheard by the orator.
On these occasions tho speaker "stOpped
short " for moment and looked dagsers
at the offenders. On the whole the audi
ence was very orderly and attentive one,
and Gen. Weaver was listened to with
close attention and apparently made a very
favorable impression ON his hearers.
Planting Water Lilies.
Many people in these parts who have of
late years essayed to cultivate water lilies
with only moderate degree of success
will be pleased to bear from a high au
thority ON such subjects that if properly
treated there is scarcely anything easier to
grow. In the first place, the bottom of the
pond should be more or less muddy. and the
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