Democratic Northwest. [volume] (Napoleon, Ohio) 1869-1894, 1882-04-27
Speculation W.. Labor.

among all citizens and where standing
room could not be found for privi-
legged classes Before foreign born
person can become a citizen Of this
country he must, in addition TO the
oath Of allegiance, renounce all hered-
itary titles and orders of nobility and
become a plain American citizen. No
title OF nobility can be granted by this
government nor dare any Of its officers
accept any title from any king, prince
or foreign state.
AS government securities or obliga-
tions cannot become the subject of
taxation, and yet may be source of
revenue to the holder, the creation of
national 1--WE hate the word) debt
was studiously avoided, partly to pre-
vent the fostering of a privileged
class, which might become possible
through funded and irredeemable
public debt, the holders of which
would in a manner become pensioners
on the government-drawing regular
stipends by way of interest and con-
tributing nothing as taxes in support
of the government.
These were precautions which the
founders of the Republic deemed es-
sential to the protection of the liberties
of the citizen, ito preserve equality and
prevent the growth of aristocracy.
How is it now2
The Republican party, taking ad-
vantage Of the unsettled state of pub
lie opinion produced by the war, have
incorporated into its practice as a
cardinal tenent of its creed the doc
trine that a "national debt is nation
al blessing" This is the British idea,
and is anti constitutional American.
The dominant party, true to its Fed
eral or Hamiltonian ancestry, have
adopted and are endeavoring to fasten
upon the government the English sys-
tenn of fnance-a system based upon
debt and upon the principle to take
care of the rich and let the devil take
care of the poor. The effect will be
to enslave the toillng millions by the
plundering schemes of menopolies and
special privileged classes.
The claim is publicly made in Con-
gress and through prominent Repub-
lican journals that the public debt is
being too rapidly reduced, the receipts
from internal revenue too large and
the treasury overaowing with money;
and efforts are being made to reduce
receipts by diminishing the tax on
liquors, tobacco, bank checks, &C., but
not word said as to modification Of
the tariff. No special effort is made
to get this money among the people
by pensioning the surviving heroes of
our wars or by redeeming the out
standing bonds, but great energy is
exhibited in an effort to continue the
national bank pensioners by renewal
of their charters.
If we must have paper money let
the Government issue 1t direct. Why
furnish it to corporations? Gold and
silver certificates issued by the Govern
ment in redemption of interest bearing
non taxable bonds, would represent
the precious metals, dollar for dollar,
and be PERFECTLY safe as circulating
medium. These would not be prom.
Use to pay, but would pay. Again,
greenback paper money is as good as
national bank paper promises based
upon the public debt as they are
The greenbacks paid that amount of
debt for the Government, while the
national bank paper money, though
furnished by the Government paid no
part of the debt thereof.
Labor creates all wealth. Useful
business and occupation are parts of
the great family of creative industry.
Humanity is composed of two classes,
the useful and the useless. Our sys-
tenn of distribution is at fault, allowing
monopoly schemes to plumber the
honest laborer and the useful business
man. Justice is lost sight of and laws
are passed to enable the shrewd and
sharp monopolist to fleece the unwary
pubic and pile up his millions. No
change can be hoped for while the
Republican party IS in power The
remedy is with the people, they must
exercise it at the ballot box by elect
ing representatives in sympathy with
them, in place of members and en-
ployea Of these money monopolies.
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ATTORNEY GENERAL NASH has given