The representative. [volume] (St. Paul, Minn.) 1893-1901, 1894-04-04

alton attorney style. A copy of that
review is before me, over the name
of John Sherman. | beg to quote
and discuss portions of it.:
MANSFIELD, OHIO, Oct. II. 1891.
M. Charles F. iStokey, Canton, Ohio:
My DEAR SIR:-Yours of the Sth,
accompanied by Mrs S. E. V. Emery's
pamphlet, called "Seven Financial
Conspiracies Which Have Enslaved
the American People, is received.
Some time since this wild and vision
airy book was sent to me, and | read
it with both amusement and astonish-
ment that any one could read it with
approval or be deceived by it's false
hoods. The "Seven Financial Con-
spiracies' are the seven great pillars
of our financial credit, the seven great
financial measures by which the
government was saved from the per-
ills of war, and by which the United
States has become the most flourish
ing and prosperous nation in the
world. The first chapter attributes
the Civil War to an infamous plot of
capitalists to absorb the wealth of
the country at the expense of the
people, when all the world knows
that the Civil War was organized by
shareholders to destroy the national
government, and to set up a slave
holding confederacy in the South
upon it's ruins. The Shylock described
by Mrs. Emery is a phantom of her
imagination. The "Shylocks of the
war" were the men who furnished
the means to carry on the govern
ment and to put down the rebellion,
and included in their number the
most patriotic citizens of the North
ern States, who, uniting their means
with the services and sacrifices of our
soldiers, put down the rebellion.
abolished slavery and preserved and
strengthened our government. The
first OF her ''cOnspiracieS" she calls
the exception clause in the act of
February %. 1862, by which the duties
on imported goods were required to
be paid in coin in order to provide
the means to pay the interest on our
bonds in coin. This clause had not
only the cordial support of Secretary
Chase, but of President Lincoln, and
proved to be the most Important
financial aid of the government de-
vised during the war. x This
exception clause saved our public
credit by making market for our
bonds and was paid by foreigners for
the privilege of entering our markets.
Like most men with a bad case on
hand, the Senator appears to have lit
tie regard for truth, and sets out
with mis-stdtement. Mrs. Emery's
book does not "attribute the Civil
War to an infamous plot of capital
lists" etc. The book plainly states
page ~ that 'African slavery was
the cause of secession and consequent
war. Mrs. Emery and the Senator
agree as to the cause of the Civil
War, and both state it plainly in
their own words, about which there
can be no disagreement. Mrs. Emery
then takes the ground that the great
capitalists were pleased with the op-
portunity to speculate on the needs
OF the country, and that they pro-
ceeded to profit by the situation, as
we shall see in the course of this dis
cussion. The little book uses plain
language to suit the plain common
people, and hence calls the London
and Wall Street spectators "Shy-
locks This the Senator condemns.
saying that 1.-THE Shylocks of the war
were the men who furnished the
means to carry on the government,
ETC., as above quoted. In this matter
Mrs. Emery is in good company.
She agrees with Thaddeus Stevens,
Senator Wilson, Andrew Jackson.
Thomas Jefferson. Senator Benton
and others in calling men and things
by their proper names. But this will
appear more plainly in the course of
the discussion.
| now call attention to the Senator's
remarks concerning the First Finan-
cial Conspiracy
Fortunately we are not left in the
dark as to the causes and agencies
which placed the exception clause on
the greenback. Prominent actors in
the matter have left their words and
acts on record.
The legal tender bill was intro
duced in the House by f. G.. Spauld-
ing of Buffalo, n Y, Chairman of
the Subcommittee of Ways and
Means, December 81. 1861 1t was
discussed on the House. and perfect
ed, until February 6. 1862 1t passed
the House, the Legal-tender Bill went