Mississippi leader. (Jackson, Miss.) 1892-1895, 1892-10-13
A Letter from ". NJ. N.
E.IItor Mississippi leader:

rehashed the same old taffy that he
used tho first time | heard him years
ago. He ridiculed the idea of the gov
ernment issuing money TO meet the
demands of trade and commerce, and
advocated a metallic standard pretty
much in line with tho Hazard circu-
lar issued by the bank of England in
! 1862 and the Buel circular issued the
same year by Mr.. Buel, secretary of the
| National Bankers Association of the
United States. He said that he had
read the constitution of the United
States from preamble to Washington's
signature and nowhere found authori-
ty for supplying the people with money
in accordance with their demands. The
constitution says: Congress shall
have power to Pr27ido for tho common
defense and general welfare of the
United States, to coin money, to regu-
late the value thereof and of foreign
coin, and fix the standard of weights
and measures, to regulate commerce
!
of all these extracts from the consti-
tuition, the Colonel was not able to see
anything to relieve the distress, caused
by the contraction of the currency
complained of all over the land. If he
was sincere in what he said he should
be pitied; if not he was doing the be-
hest of plutocracy, his boss, and should
be spurned. If he had been prompt
| 81 h 6 Ill h.
arch traitor in American politics, he
could not have made a more plutocrat
ic speech The Colonel had his follow
ing, but almost entirely OF town people.
| will say, however, not all the town
people were with him. There is one
fact that can no longer be disguised
and that is, the people of the towns, as
a rule, are against the people of the
country in their endeavors to free
themselves from the money power.
And when you ask one of these town
gentry why he is against us, he will
answer because | am a Democrat"
And he is Democrat, just because he
is Democrat. This is as good rea-
son as he will give you.
Col Hooker represented Cen J. b.
Weaver as a very ordinary man, unfit
for President of the United States. He
said there we're more than twenty men
present who would make a better Pres
ident than Gen. Weaver. How unlike
the great men of the nation regard
him If Col. Hooker could be thrown
into the same mould in which Gen.
Weaver was cast he would rattle like a
pea in piggin. Shame on such meth
DDS to deceive and mislead the people !
The sturdy sons of toll cannot longer
be deceived by such bombast. If Col
Hooker would place himself in Gen.
Weavers's stead, whose patriotism
prompted him to enter the Federal
army as private to save the Union
from disintegration while the chief of
the so-called Democracy lodged be,
hind hired substitute. he could APP
preciate the spurs and epaulets of u
brigadier general, won by the Peoples
party candidate for president of the
United States Col. Rockers speech
was little else than b3.15ast, n;5rop.1-
sentation and ridicule.
DR.. Robinson presented the depress-
ed condition of the country, showing
that it had been brought about by I'M
just legislation in favor of spectators
and gamblers against the masses, the
only producers of the wealth OF the ma
ton. He showed that at the end of,
and for few years after the war when
we had a much larger per capita circu-
lation, the people were cut of debt,
prosperous and contented, that 80 per
cent. of the business was done on a cash
basis and only D per cent. on credit,
while now under contraction, the peO-
pie are in debt, and doing from to
per cent. of their business on a cash
l,,- n 10
showed by statistics that at the end of
the war we had 520O00O0,000 in circula-
ton, and only about 100000 inhabi
tants, whilo now we have G4,0O0,0O0 in
habitants and only 81, 50O,O00,000 in Cir
culation, making S500,0O0,G00 less mon
ely in circulation and more than 10000
600 more inhabitants and more than
double the commercial business. These
figures are according to Secretary Eos
ter's report, in which he includes in
the Sl,500000,000 all the National bank
reserves, together with the reserves in
national treasury, all which he now
claims to be in circulation. Which re-
serves together with all the money lost
burned and otherwise destroyed, to-
gether with that exported would leave
no less than So per capita. This awful
contraction of the currency and the
consequent destructiono the values of
farms and farm products is what is the
matter with the country.
Wall street and its allies, Lombard
and Threadneedle streets, with their
gold basis may send out their plant
tools to deceive the people with the
tariff humbug and the Force bill scare,
but the people know better. They will
no longer be gulled by such nonsense.
1t is preposterous and absurd IN the
extreme. We need enough money to
facilitate exchanges of real wealth and
that will relieve the distress caused by
the money stringency. The doctrin-
aires of plutocracy bring themselves
into utter contempt in trying to per-
petuate financial system that has al
ready reduced the people to poverty
and is fast reducing them to abject vas
salage Farmers of Mississippi, arouse
from your lethargy! Your liberties
are threatened, your homes imperiled,
plutocracy, the enemy of your homes
and your liberties, is enthroned and al
ready strongly fortified behind iegisla-
ton which enables him to rob you with
impunity. The ballot is the only safe
guard against this arch enemy OF Your
dearest and most sacred rights. Will
you use that ballot to perpetuate those
in power who LAUGH at your reasonable
demands and mock your calamity? Or
will you cast that ballot for those who