The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1892-04-27

| Houses, close up our Internal revenue
| offices, and abolish taxation all toeeth'
er, as an Anticipated monarchial system
Of oppression.
l might quote the language of men OF
OF our own and other countries, who
have heretofore been regarded as emf
nent authorities on questions offinance,
against our sage's kind of money, such
as George Washington, the father of
his country who wrote in 1885, on
hearing of plan to issue paper money
in Virginia: 81 hope never to hear
any serious mention ofa paper emission
in this State. Yet ignorance is The
tool of design" Sparks ix, l2O. o.
| Thomas Jefferson, the father OF Dem.
ocracy, who s&id:"The Federal Gov
eminent, I deny its power to make
paper money legal tender" Works
iv, 26O. Or Mr.. Madison, whom our
sage so misrepresents in the last Herald
and News, who says: Paper money is
unjust, to creditors ifa legal tender, to
debtors if not legal tender. 1t is un-
constitutional, it is pernicious, Destroy
ing confidence, discouraging COM
merce, enriching sharpers, vitiating
morals, ETC." Writings of NJ, i: 255, 256.
Or Chief Justice Marshall, who said:
"The greatest violation of justice was
committed when paper money was
made a legal tender in payment OF
debts" Peters, 425, 465. Or Daniel
Webster, the great expounder of the
Constitution, who said: "Of all the
contrivances for cheating the laborlng
Class of mankind, none has been more
effectual than that which deludes them
with paper money.-Speech in Z. S.
Senate in 1886. Or of Charles Pinck-
ney, of our own State, who said in l7SS
that "every medium Of trade should
have an intrinsic value, which paper
money has not" Or Of NJ. Theirs, the
great French statesman and historian,
who ranks paper money as the twin
evil with the guillotine of the French
revolution. Or of Mirabeau, the great
orator of the French revolution, who
said, prior to being carried away by
the initiation mania: Paper money is
nursery of tyranny, corruption and
delusions; veritable orgy of authority
in delirium." Or of the great Napo-
leon, who, when it was proposed to
him to resort to paper money in an
emergency, replied to his minister OF
finance: "While live will never re-
sort to irre6eemable paper money!
And he never did. He had witnessed
the curse and ruin brought on France
by the Assignats, and he was determ'
ined to spare her the repetition of this
evil at least. Thus it was that afterWater'
loo, in spite of defeat and invasion and
enormous expenses for war, and for in
IDENTITIES TO her enemies, France was
spared any serious financial crisis,
while victorious England, with hel
paper money initiation, was undergoing
the most terrible financial crash in hel
history.
But why multiply these citations Of
toauthorities? 1t will only subject theil
hors, however distinguished and
nonnced land benevolent, to being de-
the peop]e, al, i",gold bugs" as enemies Of
their fields "by w0rs soing at IT. the shrine
authority unto himself, 4 i. sage % "u
whose views clash with his is +, ~ sns ~
as meriting any consideration w. w.
ever. There might be some profit in
carrying on a discussion of this kind
with one open to conviction. But with
one who possesses, or imagines he pos
sesses, the philosophers stone, who is
proprietor Of such vivid imagination,
ard who goes to the "National Econo-
mist" for his information, it is utterly
useless. therefore, with this as final
reply, leave our sage in his glory.
CIvls.