The Somerset press. [volume] (Somerset, Ohio) 1873-1977, 1882-03-30
whs. o. Question WIN De Settled.

How little truth thers was in the Oft
repeated declaration that the financial
question Il already settled u clearly
manifsstsd BY the various measures In
smhryo, meant BY the opposition to
strengthsn their falling position. That
the question u not, NOR win 1t ever be,
settled until the msney Of the country
II Issued by the country, until National
Banks arc things Of the past. and a
Government bond no longer exists, is
alone the truth.
Tho cry Of peace, peace. in regard to
this matter, II as delusive as has been
every lulling song of the past, sung to
charm into silence the hopes of an
awakening people. The seed of Green
back principle has become so rooted in
tho minds Of men to-day that nothing
can hinder its ultimate result-the re-
generation Of all financial reforms. Mr..
Sherman may offer bills for refunding,
and Congress may succeed in passing
them; Mr.. Flower may work for the
banks and Bayard carry the present clos
ing day with his gold standard. but the
effect sf the mighty protest which the
men In Congress, and ten times ten
Thousand out Of IL, shall make, will car
~ with It the cumulative force which
forever gives victory.
Il is no longer merely . generic prin-
ciple overlaid with all the folds and lap
ping Of excrescent growth; It l. clear
cut, defined and radiating as the facet
Of diamond In its first grand propo-
sition that the currency Of the country
shall be issued by the country-that a
power unlawfully delegated can in no
sense be power lawfully used-and,
therefore, that every bank note issued ia
In itself lie and cheat-it has enun-
ciated once more the truth known to the
trainers of the Constitution, who in it
expressly declare that to Congress alone
belongs the power of making or creating
money. II was truth known to them,
which, like others Incorporated by them
In that stalwart formula, has been
passed by. first, almost rs a non-essen-
tial; secondly, as 80 choked by accruing
falsifcations that its clearance was an
impossibility; thirdly, recognized as a
giant SO shorn Of its power that men
used the dead body as q bulwark for
their iniquitous intentions. Once more
the truth leaps upward from passivety.
and the fat has again gone forth that In
the Government alone inheres the right
TO issue money. r..
In its second declaration, that q bond
ed debt is . perpetual curse and the
greatest conservator Of oppression, it
speaks with the tongue and by the evil
dence of all Nations, by the groans of
every people, and finds its most dire ex-
emplifcation in the United States to-
day, where one man has $50, 600, 900 in
Government bonds, on which he pays
no tar; and another man, who owns
nothing, pays twenty-five per cent Of
all he earns to keep good the credit of
those bonds. The whole Is but the new
writing Of the old formula, that all men
are born free and equal; In that lies the
truth, the reason and the fruit OF cre-
alton; It IL the wherefore of mans ex-
istence and its exempliication IL the
glory of It. From this end sprang the
Roodly tree, o theoretical Republic;
from this root win como that most gio-
rious growth. o practical Republic In
which the ideal shall become the real,
and In which the equality and brother
hood Of man will not only be aclxnowl-
edged In theory. but be the basis and
outcome Of all organised action.
All this lies in the principle at the
root Of complete ohange Of finance as
ID IL to finance as IL should be. Finance
as it is means slavery, subserviency of
man, and mastery by matter. Finance
ss Il should and will be means matter
the instrument and man the user; il
means mind set free from bondage to
circumstance; and freedom of mind
means emancipation Of body, and cos
mos for the whole.
And this Is not theory impractical;
IL Is q reality inevitable, and as sure &c
follow as o natural sequence in the
progress Of growth IS Is the meridian to
follow the morning. VieO.