Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1888-04-08

all parts of the world" This is precisely
what the so caled protective tariff does,
Instead of being called tariff for protec.
ton, it should be called tariff for pre-.
vention. It prevents imports and "cuts
off our trade with all parts of the world ~
We fought the King of England for doing
this. At the dictation of King MONOPOLY
we have tamely submitted to repetition
Of the same outrage, in order that few
may be subsidized at the expense of the
toilirg millions of our countrymen.
| PUBLIC DEBT.
| The public debt should be paid OF and
discharged as rapidly as possible. Il is
drawing blister and an eating cancer
upon our country. It is bill of sale to
all Of our labor and a mortgage upon
every home in our land. 1t crestes an
unta1ed aristocracy who enjoy the pro-
lection of the government without con-
tributing to Its support. 1. should be re-
gsrded as crime to psrpetuste It
one moment longer than It can be
paid of. This vast amount OF capital
should not be locked up in q worse
than useless condition. II is a constant
and unnecessary tax upon the energies of
our people and is 8 never sleeping or
cessing drain upon the resources of our
country. The people need more money
in circulation. As RAPIDLY as the debt is
paid of the money will seek investments.
1t will thereby be put into circulation.
This will revive hope, stimulate energy
and quicken enterprise and business from
one end Of our country TO the other.
PUBLIC FUNDS.
Congress has 10 right to appropriate
money for any other purposes than those
pointed out in the constitution. The sur
plus in the Treasury should be applied to
the eXtinguishment of the public debt. A
large sum OF money should never be al
lowed to accumulate at Washington It
is G constant source of temptation to Con-
gress and sll officers. II breeds waste
tulness, extravaganza and corruption. A
rich government results in corrupt gov
errment, and finally in an Impoverished
and enslsved people.
THE BLAIR ELL.
There Is no clause in the constitution
authorizing Congress to appropriate
money wrung from the people by means
OF taxation TO the cause of education.
To educate the youth of the country is
and the people. Beneath the tempting
bait OF education this billconceals the Re-
publican hook of q loose construction of
the constitution. 4f we swallow the bsit
the hook will go with 1t. They can then
drag US wherever they Please. II this bill
becomes law 1t will be an excuse for
perpetuatipg our present barbarous tariff
ana other high tax laws. It will Justify
nFinri0la oh all 81, a
monopoly lsws have been passed. The
.cisim that the federal government Is Civ
Ing the states anything is like the
generosity OF the highwsymsn who
restores to his victim por-
ton OF the stolen property. The
advocates OF this bill are like men row.
ing boat looking one way and going
the other. They are looking at educs-
ton, but pulling toward a disregard of
the constitution, usurpation OF power,
centrslizstion, monopoly aud despotism'
The principle CT constitutional construc-
ton under which this bill is being ad-
vocsted is the same, under which all the
horrors and outrages we're irf cted upon
the south that characterized the dark and
od!ous days OF reconstruction.
MONEY.
The constitution makes 1t the duty of
Congress End Congress alone, to coin
money and regulate the value thereof.
This the plain, unequivocal and en-
pnatic declaration Of that sacred instru-
ment. Even states are forbidden to coin
money, emit bills Of credit or make ary-
thing but gold and sllYer legal tender in
payment Of debts. Thomas j fferson, in
BIS, works, says thst when the conven-
tfon which framed the constitution Wss
in sessfon4 a motion was made to give
Congress the power to charter bank and
that this notion WIS voted down. The
power to charter bank is not il The
constitution. It was asked for and
expressly refused. The ma
tional banks are based upon the
public debt. They rest upon the public |
DEBT and the debt res upon the people. |
No more national banks should ba char |
tered. As soCn as the charters of those |
now in existence expire their notes |
should be redeemed in U0ited States |
Treasury notes such as the last Demo |
cratic platform dec AIRED in favor of. l |
am not opposed to banks. They are nee
sssary for purposes of discount, deposit |
and exchange. But l an opposed to |
banks being connec ed with the govern
nent; of their being based upon the pub.
lie DEBT and OF their having the power to |
issue and regulate tha amount OF money
n circulation. Banks should not have
the right 10 issue money and say
low much or how little the people
nav have in circulation. Money is the
blood of commerce. The making Of
money is a sovereign oct and should be
exercised only by the sovereign power.
have no personal war 10 make upon
hose gentlemen VINO have invested their
money in national banks. So long as
he law remains they are MOTTO be blamed
or taking advantage OF it. From the
lays OF Jefferson End Jackson Democracy
lss been opposed to q Iational debt and
national banks. The national bsDk law is
hewoIk Of the B publican party hell. We
hat common unit Of value should be
between gold and silver and
he free and unlimited COINAGE OF both
hould be provided for. The fear CT an
reproduction of gold or silver moaev
5 unfounded. The volume Of gold aud
liver coin in the world is not dependent
pom annual crops. 1t represents the &C
CT centuries and cannot he ,
astefislIy affected by the coinage orcro2