Weekly Chillicothe crisis. (Chillicothe, Livingston Co., Mo.) 1878-19??, 1882-10-05

SILVER.
The national banks and bondhOldcr
amassed princely fortunes by this ne
farious increase in the value of the fed
eral bonds, rs also by the increase il
value Of all debts contracted prior tC
the llth OF January, 1875. The debtor.
We're crushed by these laws, and ruined
To crown all this infamous legislation
n specie resumption act was passed il
January, 1915, requiring tho rcdemp.
tion in gold and the destruction of tho
. grCGnbacks on the lat of January
1879, to secure a coin basis for the ma,
tional banks, and absorb the wealth OF
the country.
The people had become PROSTATE,
helpless and hopeless by force Of this
Legislation. in favor OF the money
kings, and bankruptcy, misery and
want oyershadowcd the republic. Two
million of hungry trampS appeared in
the country and over 800, 900 persons
were driven into bankruptcy. The
money power had bought congress,
and the decree had gone forth 10 de-
stroy the greenbacks, and force on the
people u coin basis system Of fraud,
which had enabled bankers 10 get from
exchange, discounts, interest and tolls
on trade more than $4,000, 100000 of
capital in 2GO years until they now con-
troll the civilized world, and form n
monopoly the most gigantic ever known
in the worlds history.
These crimes in the republican party
became 50 open and impudcnt that the
grccnbackcrs demanded Il reform, n
change of administration, and aided
the democratic party in getting control
of congress in 1874 and 1876. If the
democrats had adopted the absolute
money system at the national cOnvcn-
tion in 1876, and had nominated Mr.
Hendricks instead Of Mr., Tildcn, they
would have returned TO power in 1877.
| Ms friends in Missouri know how dcs-
pcratcly Struggled in 1876, to induce
| the democratic leaders to adopt the
grccnback money system of Thomas
Jefferson, and overthrow the llaglant
miSrulc OF the republican party. Alas!
the money deposits had control of the
| democratic machine also. Belmont,
Tildcn, Bayard and Others forced the
gold basis Swindlc of the ShylOckS of
Wall street, upon western democrats
and hurried them on under the black
flag TO defeat and dcmoralization.
Every honest democrat in the state,
not seeking or holding Office was in
favor of the JcilcrsOnian system of
grccuback money, rs had cNpomdcd
il in my books in 1873, 1915, 1876, and
1871, and in my arguments on the
stump in 1873
The third section of the Missouri
democratic platform Of July 1873, was
intended to approve all the grccnback
doctrines in our platform ofJunc, 1878.
1t denounced the national banking
.ys;um demanded the abolition from
circulation uf national banl, notes and
the Sue OF legal tender @rccnbacks in
Iicn thereof, in quantities sufficient TO
supply the wholesome and necessary
bl,ia,s; demands Of thcentirc country,
and 10 he used in buying and retiring
boads of the United States, so that the
interest bearing debt of the country
MAY be lCsscNcl to the extent Of the
greaGbacks thus put into circulaton.'
This scheme would have required the
issue Of over two thousand million dol
'ar' OF new grCcnbacks and by u Llun-
lor wuulu have made the banks pres
cul of their whole circulation besides.
Geo G. Vest, ESq., in his speech Mt
Macon CITY, Missouri August, 1873,
being a candidate for the senate, ad-
vOcalcd the most extreme grccNbacll
measures in suppor, Of the democratic
platform. All the lesser lights Of the
democracy said: I'VE are Us good
gr2enja"hrr3 rs YOU arc.' II was 4 !
,wacps;akcracc between the democrats
and Grccnhackcrs Us 10 which would +.
Hia ,hepri2c for being the most ardent |
supporter Of the new papc. money sys- |
tom. We all supposed the democratic |.
party Of Missouri from that time forth |
was pledged most So'cmHly to the |
gruonbacl, theory Of finance. Senator
d. II. Armstrong. however, was the |
only Missouri democrat who was faith
full to the July platform in all h.s acts |
and votes in the Scn9,. ~, the other |
democratic member Di congress from
Missouri went over TO the coin basis
fraud,
senator Vc,r, in his speech on the
national bank bill IN 1882, swallowed !
all the grccnback professions he had
made At Macon City in 1878, and pro-
posed 20 destroy the national banks
with their circulating notes, to suppress
MI the greenbacks, and organize ri
ganIic treasury bank on 4 coin oasis of
$l,OC0, 10000 with an issue Of coin Ger
tiliCatcs for the same amount The
absurd and ridiculous features Of this
new federal bank were very ably cN-
posed by Scnatot Sherman and II fell
still horn.
The Missouri senator, Vest, has
changed from his grecnback faith and
has become u coin basis champion. He
obtained his seat in the senate by pro-
Tossing TO be in favor Of the democratic
grccnbnck platform of 1878 and traitor
OuSly deserted his constituents in Mis-
souri,, TO serve the coin basis tyrants of
Wall street in 1882. Was ii the gold
serpent that whispered this treason in
his ear? Had he sterling reasons for
his treason? Or did he wish to become
famous rs the inventor of new Sys-
tenn of finance so absurd, incongruous
and monstroUs, rs to be the laughing
stock of all the iinancicrs in the world,
II is very clear that he advocated the
T.Nsn !