The farmers' union. (Memphis, Mo.) 1891-1895, 1894-05-17
or village. and said bond TO be retired at tho

or village. and said bond to be retired at the
rate OF per cent: per annum
Whenever the foregoing section OF this act
has been com lied with. 1t shall be mandatory
upon the Secretary OF tho Treasury OF the
Treasury notes in the denominations OF one.
two five. ten and twenty dollars each which
shall be full legal tender for all debts. public
deliver to said :state. territory. county, town
village - per cent. Of said notes. and retain
per ,,r cent; for expense OF engraving a.1ex and
President j S. Coxey Good Roads Associa-
ton OF the United States, Massillon. Ohio.
Contrast This With the Present.
At present, five men in commun-
ity, who own valuable real estate, can
convert that real estate on which they
pay large taxes, into money; with
that money they can buy Govern
ment bond, drawing 4 per cent. inter
est, payable in advance. on which
they pay no taxes This bond is de-
posted with the Government in ex-
change for 80 per cent. of its face
value in shape of bank notes, which
they are granted authority to issue
and circulate rs money to whoever is
so hard up, has the necessary collat-
Vi "a AAA III " AAAAhSo w pay WAC A~CS Va
interest required. Thus the banker
escapes the taxes he was paying on his
property; he gets interest on his
bonds, and then regulates the COM
munity, or compels it to pay him in
terest according 10 their necessities
for the use of his credit, in shape of
bank notes that are secured by the
Government.
Now the distinction. Coxey's bill
provides that any municipality, upon
a showing of its assessable tax roll,
may issue bonds up to so per cent. of
that valuation. These bonds to draw
no interest, but be deposited with the
Government in return for legal tender
notes up to 80 per cent. of the face of
that bond. With this money the mu-
niclpality can erect it's own electric
light plants, construct, equip and
operate its own street car lines, water
and gas plants; pay for them with
money that pays interest to no cOrpo-
ration of oilers o: bloodsuckers. but
enters directly into the legitimate
channels of trade, employing labor,
improving the cities and ministering
to the comforts of the human family,
rather then proving upon its misfor-
tunes.
Sucl, is the Miss on OF the Commonwcal.
In the past every corporation that
craved few states of vacant land, Il
bridge franchise. Il special tax to kill
Off opposition, an issue of bonds, de-
monetizing of silver in interest of the
few who own the gold; whenever any
of these interests have desired legisla-
ton to enhance the value of their hold
ings, they have employed their Hobbies
to camp right with the Congressman
till they got them. They have done
this from time immemorial, while Ia
Dor, patient and forbearing has paid
all the bills, fought all the battles,
put down all the instructions, fur
nished all the big political majorltie::,
nor ever made an appearance, either
by person or by proxy. at the National
Capital demanding hand in special
legislation. These measures are in
the interest of the whole people, the
merchant, manufacturer, railroader,
operator, shipowner and every form of
legitimate commerce, except the
Insurer, the bloodsucker, who is too
lazy to work himself, too cowardly to
fight in defense Of his country, and too
selfish to live in enjoyment unless all
the balance of mankind are paying
Inn tribute in the shape of interest
on money loaned.
Coxev's army represents the classes
who through the operation of class
laws, have been thrown out of en-
plovment, deprived of the oppor-
tunities to employ their labor and
their genius in remunerative enter
prise. They have been driven from
their rightful holdings by enactments
that now empowers corporations to
summon the state troops to drive men
from trains ON roadbeds given by the
public and that should belong to the
public. They are going to Washing
| ton to personally appear before their
lawmakers and petition for the pas
sage of these bills, and they will stay
right there until they are passed or
Congress adjourns and Grover goes
fishing, i'll which event it may befall
him the necessity to ask permission
ere he returns.
These men are law abiding. peace
able, honest citizens. They know
their rights. and when the great con-
sentative and business community un-
derstand the justice of their demands,
they will vigorously resent the lmpu-
tation hurled against them. that they
are mob of buns, thieves, ex-con-
victs, and tatterdemalions in general.
You Democratic Donkeys.
SSoO.l ~, Nr Dononro% uo u.opf q