Savannah morning news. [volume] (Savannah) 1868-1887, 1886-11-18

cancel the transaction by giving the other ak
months notice, If the citizens of the several
states do not take their proportion, would,
aIler ninety days, make 1t free for all Need
less taxation has brought on all the troubles.
The truth is, the rights of the masses of the
tax payers have been but lightly regarded by
congress Tor many years. Greenbacks; always
excluded from the payment of tariff taxes,
were wantonly repudiated when the $40
bonds were payable in 1859, though they had
pald for bonds at par. and it was indOrsed on
tnelr race that they should be receivable for
the principal Of all our obligations. In 1870
new bonds were exempted from all taxation,
ana In 1873 by combination of the bond
holders with the capitalists of England and
Germany the standard silver dollar with
which all our obligations could be honestly
and honorably paid was clandestnely stricken
from our coinage.
OPPOSED BY BOTH PARTIES.
Leading representative men of both parties,
including Judge Kelly, Mr.. Blaine, Gen.
Garland and President Grant, proved ana ad-
mitted that the act was fraud. 1t was re-
pealed in 1873 by the indignant representa-
tlves OF an outraged people over the veto Of
the then President. The resumption was
complete when all debts could be paid in sill
yer com. The people were delivered from
the clutches of vampires who sought by
the destruction of one-han of the
worlds coinage to double the purchasing
power OF gold, or what is the same thing. get
the property of the people for one half its
value when both metals were on an equality
duced 10 per cent at our custom house in 1872.
They were restored in 1875 on the pretense
that the sinking fund was not being provided
Tor annually, although it was in fact over
S225,0OOOOO in excess of all possible claims.
In regardto it at the time, and notW stand
Ing the pretended reduction of tariff taxes in
1883, by the manipulation OF a one-sided con-
terence committee no real relief was gwen
and we groan under war taxes to-day. The
deot has been SO adjusted that $737 900. 600 can
not be pad until 1907 and S2j0,0000 600 till
1891. There is now idle money in the Treas
ury more than sufficient TO pay off all the 3
per cents. which means all that can be paid
before 1891. The basis of more than half of
the national bank circulation has thus been
needlessly and wrongfully swept away, and
the premium on bonds now due has conse-
quently risen so that the profit on circulation
will not pay for the premium demand.
SAVED BY SILVER CERTIFICATES.
But for our silver certificates ruinous con-
traction of the currency would have occurred
before now. The past action of Congress
must be reversed and the fact recognized that
this government is only a trustee, that it has
nothing except what the taxpayer furnishes
that all attempts to enrich any class of men
by law is simply robbery of the M asses,
and that taxation which makes the humblest
man In the land pay as much ont of his hard
earnings as the man who is worth hundred
millions is not just, and | have come mere to
appeal to the Democrats Of this great COM
merclal en- mporlum and to this great Demo-
cratic club to put your shoulders to the wheel
and take long pull, all together to remove
the shackles which have so long bound this
giant republic, and that our people
contend on fair terms with other nations for
the worlds trade and commerce. All we
need is the removal of unnecessary and un-
just burdens. The manhood and muscle of
our people Will soon secure our supremacy.