Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1884-10-16
A DemagOgue.

DtH1HsUSuts
Burr w. Jones. who for the past two
years has misrepresented the sentiments
of the majority of the people of this
district, in Congress, in his peregrina
tons through the district hunting up
votes to return him to his seat in Con-
gress which he disgraced by his vote
for the Morrison Bill and the infamous
bill reinstating the traitor, Fitz John
Porter, to his position in the army,
dwells upon the statement, which if he
knows anything he knows TO be false,
that there are 1926. 900, 900 of the public
funds locked up in the treasury at
Washington; and that this vast sum is
Withdrawn from circulation, to the
detriment of commerce and the people
to whom il belongs. Why do not Burr
Jones and his satellites who are work
ing so industriously in his interests, tell
the truth in regard to this matter? Is
Burr Jones, after two years experience
in public affairs at Washington,
ignorant of the facts, or is he n very
cheap demagogue, who is travelling
through the district deceiving the people,
his constituents, who have n right to
know the truth? He must take one
horn or the other of this dilemma. The
old saying that everything is fair in
politics." is not believed by the COM
mon people, who constitute an over
whelming majority of Burr Jones con
stituents, and who have right to
representative, q truthful statement in
regard to public affairs in which they
are vitality interested. Why does not
Burr Jones tell the people who come to
listen to him, that of this 1925, 900, 900,
in round numbers, in the United States
Treasury, $500, 900, 600 belongs to cor
porations and individuals who have
simply deposited it there for safe keep
ing, and who hold gold, silver and
currency certificates for their deposits,
and that the Government has no right
to pay out or use dollar of it? Why
does he not tell them that the immedi-
ate liabilities of the Government in
Guiding unpaid interest, bonds which
have been called in and upon which
interest has ceased, and other immediate
debts now due, swallow up S21 900, 00G
more? Why does he not call their at
tention to the fact that the Government
has resumed specie payment, and that
there are $3.50, 100000 in greenbacks
and fractional currency in circulation
which the Government stands bound
by the enactments of Congress to re.
deem in hard money upon demand, and
for which it is necessary to keep 1
reserve on hand in the treasury? When
the Republican party passed the re.
sumption act, these same biatherskites
like Burr Jones, travelled around the
country in the same manner they arc
travelling now; but they have changed
the burden of their song. Then the
idea of the Government being ready oil
the possibility of its getting ready, tC
pay out gold and silver on demand fol
the liabilities of the Government was
scoffed at, and these dcmagogues ther
attempted to brighten the people into
believing that the attempt would bank
rupt the United States Treasury. Th,
Resumption act was passed in the face
of the solid opposition Of the Demo
cratic party, and if their position ther
was correct, if Democratic statesman
ship amounts to anything, to-day the
united States treasury ought to b,
bankrupt. And Democratic politicians
are tearing their hair because it isn't
Banks or individuals having greater
amount of gold or silver coin than they
care 10 keep in their possession, may
deposit it i'll the United States treasury
and receive certificates for it, payabl,
on demand, and the sums of these Ger
tifcates SO issued for coin deposited il
the treasury are as follows:
Gold certificates .... Sl20, $50. 62C
Silver certificates. ...... 1928, 260 -
Currency certificates .... Sl5, 945. 00t
This money belongs to depositors anC
not to the public, and the government
has no right to NEEDLE with it, As F.,
matter of fact, after paying these de
posits, the bonds called in to be can
celled, the interest due on bonds, an,
other liabilities now due, there is onl,
"A surplus of S144, Ia, 9i9.8 80, balance
available as a reserve fund for an,
part of the S353, 5000 in green
backs and fractional currency whicl
may at any time be presented for re
demption. 1t is full time to retire
demagogues of the Burr Jones schoo
to the shades of private life, where the,
may have an opportunity to rellec
upon their folly in attempting to de
ceive their constituents in regard t.
governmental affairs in which they have
right to know the truth.