The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1884-09-06

DuteS, ike lne Olu HreellDhckS, III DS-
comes hybrid substitute. True, Con-
gress in 1862, created the co-called
"greenback money!" disrobed of part
of the attributes of money, and called 1t
"lawful money! butt was misnomer;
and, alas, the Supreme court, staining
| the judicial ermine, endorsed the false
| hood. This was much the same when
Aaron set up the golden calf at the foot
of Mount Sinai and called it God, but
not possessing the attributes and power
of God, it was no God. And so the
falsely called "greenback money!" moi
possessing all the attributes and power
of money, it was not money. But when,
in 1878, after being made the instrument
of almost iirreparable evils to the SOW
ereign people of the United States, all
the essential attributes of money was
conferred upon it by the notori-
GUS John Sherman, forced there
to, to meet the exigences of
the infamous PRESUMPTION act" and
was thus made money for all the uses
and purposes of money, it Immediately
rose in value as money 10 be equal with
tho so-called 'precious metals,n and
still rides triumphantly over them as
money in the affections of the people.
And, General, permit me to say that
am sick and tired of the laudations of
the old greenbacks--the progeny OF
usurped powers-as the "Savior Of the
nation," for, you know that all the bless
ings, and none of the curses, that fol-
lowed its creation would have been
more than realized by comforting upon
il full legal tender attributes at its crea-
ton, and am not satisfied with utter
ances on this subject.
But, General, shall we permit this
money, as 1t now is, to he destroyed at
the demand ofshylocks? Win you con-
sent or allow the sovereign power of the
people of the United States TO DO again
prostituted by the usurped autocratic
power of Congress in the creation of
bank notes or any other hybrid substi-
tute for money? All history is lumin-
Gus with the record that they have ever
proved the most potent and fruitful ex-
pedients in plundering the great mass
of the people, through interest, usury
and otherwise, for the benefit of the few
and OF centralizlng their wealth and
power in the hands of the few.
General, you know that the so.called
Senate amendments Of 1862, robbing the
greenbacks of part of the attributes of
money-the power to pay import duties
and the public debt-caused their depre-
citation; more than doubled the
expenses of the war, and furnished the
preteXt for the creation of our interest.
bearing bonded debt by funding them
into bonds for the benefit of the few, TO
whom we have already paid billions of
Interest, besides the principal, with
billions more to be paid. You know
that the financial ruin that swept over
The country from 1873 to 1878, which the
pens of men nor angels can never est
mate, was caused by the contraction
and auiepnlt,,, ,r n,..
funded into bonds for the benefit of shy
locks. You know that the National
banks-a hydra-headed monster of on
pression-have their existence and out
growth from this usurped power; with
out even shadow of constitutional
authority; and that for the benefit of the
corporators, Congress has created and
given them hundreds of millions of dol
lars OF these unconstitutional substi.
tutes for money (bank notes. with power
to Issue and loan the same for interest
and usury, as for money, and TO other
wise control the whole finan-
cial policy ofthe United States, with the
price of labor and all its productions.
These. General, are but part of the
evils well known TO you, resulting from
tho autOcratic powers usurped by Con-
gress, IN abusing, perverting, alternating
'hN lit SOANfDlun
properties of tho people. The half of
which is not told.
The assumption Of these autocratlc
powers by Congress was, as il
were, proclamation or advertise
ment to the world that we, the
the Congress of the United States, have
the power to see and ALLEVIATE the soy
ereign properties of the people at ON,
autocratic discretion. Ho! every one
who desires to monopOlize the power
and properties of the people. We will
sell IL to those who will bribe us highest.
Who! Who win give most? Just going,
going, gone! Hence has proceeded
the flood of bribery and corruption that
has swept over our country like moral
leproSy, and disgraccd our civilization
and Government; that has opened wide
the doors to avarice, cupidity and ambi-
ton, Till even tho deacons, elders and
higher orders in the Christian churches
are shamelessly dumb, or openly do
fend the measures through which their
ilOcks are plundercd; and, even the
, .avenous gliouls OF European monarc.,,.
glu tied with tho spoils of Eurono anS3
the isles of the sea, have thus hecn in,,i
ted TO, aud become bidders in this mar
ket-place for the s,cier spoils OF our
people. Alas! General. shall these cor
ruptions, usurpatiOns and destruction of
the sovereign rights of the people longer
prevail?
But, General, you say in your addr.ss
"The time has como when the ,,reen,
back is sustained by tho SuSreme
court as constitutional currency
against tho paid attorneys of every
iinancier in the land.n Are we 10 mn
uerstand rom ,his, General, that YOU
endorse the false assumptions and pre-
tenueo reasoning through which
the court pretnnds to arrive at this con-
clusion, Wis: That Congress is invested
with supreme discretionary control
over the currency, las you and they call
it) and other sovereign properties Of the
people, like Other absolute sovereigns?
Would II nat be better, General, for the
people to take shelter under the pater-
nal government of the "King ofthe Can
nibal Islands, than have so many auto
Gratis TO sell or give their sovereign prop
, critics at their august Giscrc.ion; or, for
bride, given on the plan of "diyision
and silencegn ! submit this, General, as
problem In political science. And, are
we TO understand you 10 say, with the
court, that Congress is invested with the
power to charter National banks, and to
| create oank note SuDslltuteS Tor money,
and give or transfer them to tho corpo-
rators, for tneir especial benefit, at their
| august will and pleasure? DO you mean
To say, with the court, that Congress-
may, ut its discretion, create other sub
stitutes for money, such as the original
greenbacks deprived of n part OF the ut.
tributes for money! Are we 10 under.
stand you ~ endorsing the opinion OF
the court, that the power of Congress Il
confer legal tender qualities on paper is
derived In some incomprehensive man
ner from the power TO "bOrrow money!
This, General, Is the logic of the court
but would rather be "dog and BAY
the moon" from the rising to the goinl
down thereof, than to have my name at
tached, as obscure rs II Is, to tho utter
ance OF such an absurdity, to be u wit
ness against mo TO future generations.
II NOu know. Gpnpral that ntnnpv nua