The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1894-09-13

,oaccc The Democrat voted solid
for the rosolution and Nc RerubN !
cans solid ageinsJ u.
In 1870 n funding law was passed, by
when $500, ,o0o,o QUO was added 20 the
wealth OF the bondholders auG the
burden upon the people increased ia
that amount. The Democrats In both |
house and senate voted solid against
the enactment OF the Infamous law, |
while all but two Republicans voted |
for IL
On June IA, 1870. the Randall Lill to
substitute $500. 600 600 in United
States currency for a like amount of
national bank notes was defeated, all
the Republicans but teh voting
against, and all the Democrats but six
voting for the bill. shortly after, Mr..
Morgan's bill. which sought the same
relief but extended the substitution to
slOO, 900, 900, was defeated by nc Re
publican votes, while it was supported
by almost the solid vote OF the Demo
Gratis.
Not satisfied with making $1,000,
900, 900 by the law of March, 1862
which changed the original contract
and made the bonds Of the govern
mcnt payable in gold, the bondholders
and money monopolists finding in 1873
that the production Of silver was in
creasing and that it's further coin5ge
and circulation as money would jeop-
ordize their interests by reducing their
gains, secured the passage of an act
demonctizing silver, thus compelling
the already overtaxed people to pay
them gold for their untaxed bonds.
This law OF necessity Increased the
purchasing power of gold, which still
| further added TO the wealth of the
rich and increased the distress OF the
mass of the people. This bill, which
was conceived in sin and brought
forth in iniquity. was rushed through
unSer suspension of the rules by a
strict party vote, the Republicans for
and the Democrats against.
Two years later, the greed OF the
gold gormAnds not being satisfied
they demanded further legislation for
their benefit, and the Republican
party, the ever-ready and plant tool
of the money power, at its dictaton
passed what is known as the resump-
ton act, that great king Iof destroy
ers," as it has been so aptly denomi.
mated. This act of crowning infamY
was also passed under suspension
OF the rules-to cut off the exposure
of its diabolical provisions by the
Democrats-nine-tenth of the Repub-
licans supporting and every Democrat
opposing it,
This crowning act of robbery
brought the people of the country to
the limit OF forbearance and at the
next general election they turned the
rascals out OF control of the house and
for the first time since 1850 reinstated
the Democrats in control of that
branch-that they were not placed in
control Of the executive branch as
we'll, as an overwhelming majority OF
the people, the voters OF the country,
intended that they should be and Sc
expressed their intention at the polls
was because of the treachery of the
notorious electoral commission; in
brief, because was more than z.
But the Democrats were In control OF
the house, and one of their first acts
was to repeal the resumption law that
was bunkrupting the people although
they were resisted in every possible
way by tne r publicans.
Thus /. IS seen that in all matters OF
legislation affecting the financial in.
.erests Of the people the Republican
party recorded on the side of the
favored few, the rich and powerful,
while the Democrats have uniformly
defended the people, striving always
to prevent the imposition of burdens
upon their shoulders and to remove
those that were SO placed
And the end is not vet.