The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1884-04-17
TESTIMONY OF PATRIOTS.
Read and Ponder.
pEI,pETuAI. DIET.

our rulers load us with perpetual debt
Thomas Jefferson
CONSTITUTIONAL IL PEACE AND IN WAR.
United States treasury notes, not redeem
able in any other circulating medium. are
Constitutional Money in peace or war
United States Supreme Court. in 1919.
CLASS LEGISLATION.
affirm it rs my conviction that class
laws placing capital above labor are more
dangerous to the Republic ut this hour than
was chattcl slavery in the day Of its haugh
tiest supremacy. --l.incoln's Letter 10 Ellis.
CONVERTIBLE MONEY AcURsE.
No convertible papcr-that is. no paper
whose credit rests upon II promise to pay
is suitable for currency 4 medium which
simply obligates the government to receive
il for all dues, would contain within itself
II self.rcgulating power.-John G. Calhoun
WHAT CONSTITUTES MONEY.
Whatever the government agrees 10 re-
ccive in payment OF public dues, rs mcdi-
um of circulation, is money-current money
no matter what its form may be. trcasu-
ry notes. drafts, etc. such notes, bills or
paper issued under authority Of the United
States is money Henry Clay. in the Sen
ate, in 1885,
A CHEAT AND 4 FRAUD.
A spcic-paying system is a contrivance
invented to cheat the laboring classes of
mankind Daniel Webster
THE LEGAL-TENDER MONEY.
As II practical question il is contest be-
tween brokers and iobbers and money
changers on one side, and the people Of the
United States on the other. | venture TO
express the opinion that ninety-nine out Of
every hundred Of the loyal people Of the
United States are for this legal-tender
clause Senator Wilson.
LABOR! LABOR. LABoRu
The greatest interest Of this country, the
cause Of all its prosperity. is labor! labor!!
labor!,! The government was made to en-
courage and protect this industry. and give
it security. To this very end, with this OBJ
ject in view. power was given to Congress
over the currency. and over the money sys.
TEN of the country. Daniel Webster.
. LABOR AND CAPITAL.
Labor is prior to and independent of cap
ital Capital is only the fruit Of labor and
could never have existed il labor had moi
first existed Labor is the superior Of cap
ital. and deserves much the higher consider
ation.-Lincoln's Second Message To Con
gress.
THE GREAT CONTEST OF THE FUTURE.
My agency in procuring the passage ol
the national bank act was the greatest mis-
take Of my life. II has built up u monopoly
that affects every interest in the land. |,
should be repealed. but before this can b
accomplished the people will be arrayed
on one side and the banks ON the other. in I
contest such as we have never seen in thi,
country .-SalmOn =. lnhSc.
SHOULD BE BASED on CREDIT.
If Congress has the right. under the con
stitution to issue paper money. it was givel
them to be used by themselves. not delegat
ed corporations or individuals. wisl
all The money of the nation. whether gold sill
yer. copperor paper, We're based, not nro,
coin or other money, but upon the credi
and resources Of the country
Jackson
GOVERNMENT AGAINST RANK MONEY.
1t appears to me. after bestowing tn
best reflection can give the subject, tina
no convertible paper. that no paper tina
rests upon \ promise TO pay, i suitable TO
currency II is the form of credit propc
| in transactions between men, hut moi for
standard value to perform exchanges gen
orally. which constitutes the appropriat
functions of money or currency. N
one can doubt hut that the credi, of IN
government is better than that OF any ban
more stable and safe | now undertak
to affirm. and without the least fear that
can be answered, that paper money issue
by the government, with the simple promis
of the government TO receive il for all due
would form \ perfect circulation, whic
would not be abused by the government
that it would be uniform with the meta
themselves. John {. Calhoun.
A LITTLE .POETRY" AND CONSll