The midland journal. (Rising Sun, Md.) 1885-1947, 1894-02-23

1
Army and Navy is creditor of the
Government. The capitalist who holds
your seven and three-tenths Treasury
notes. or your 6 per cent coupon bonds
is creditor OF the Government All
are creditors OF the Government on an
equal footing, and all are equally en-
titled to their pay in gold and silver.
l am opposed to all those amend
ments of the Senate which discriminate
in favor oil the holders of bonds and
notes by compelling the Government
to go into the streets every six months
to sell bonds at the :" market price" to
purchase gold and silver in order to
pay the interest sin coin" to the CAPT
tslists who now hold United States
stocks and Treasury notes heretofore
issued, or that may hold bonds and
notes hereafter to be issued; while all
other persons in the United States
includlng the Army and Navy and all
who supply them food and clothing }
are compelled to receive legal tender
Treasury notes in payment of demands
due them from the Government.
Why make this discrimination !?
Who asks to have one class of creditors
placed on better footing than another
class 4? Do the people Of New England.
the Middle States, or the people OF the
West and Northwest, or anywhere else
in the rural districts, ask to have any
such discrimination made in their
favor? Does the soldier, the farmer,
the mechanic, or the merchant ask to
have any such discrimination made in
his favor? No, sir; no such unjust
preference is asked by this class of men.
They ask for the legal tender note bill
pure and simple. They ask for a
national currency which shall be of
equal value in all parts of the country
They want currency that shall pass
from hand to hand among all the
people in every State, coun,y, city.
town and village in the United States
They want a currency secured by
adequate taxation upon the whole
property of the country, which will pay
the soldier the farmer, the mechanic
and the banker alike for all debt due
Who, then, are they that ask to have
preference given to them over other
creditors of the government? Sir 1t
is a very respectable class of gentlemen
but class OF men who are very sharp
in all money TRANSACTIONS. They are
not generally among the producing
classes-not among those who, by their
labor and skill, make the wealth of the
country; but class of men that have
accumulated Eeslth-men who are
willing to lend money to the Govern
ment if you will make the securi y
beyond all question, give them high
rate of interest, and pake it payable in
ccin. Yes sir. the men who are asking
these extravagant terms, who want to
be preferred creditors. are perfectly
willing to lend money to the Govern
ment 10 her pre- cut embarrassment u
you will only make them perfectly
secure, give thep extra interest, and
put your bonds on the Har kst at the
market price" to purchase gold and
silver to pay them interest every six
months. Yes, sir, entirely wiling to
Joan money ON those terms Safe. no
hazard secure, and the intaFest payable
= 10 coin p Who wuuld not be w,ll,nv
to loan money on such terms? Sir
the leseI tender Treasury note bill Was
intended to avoid all snch 6nancieripg
and protect the Governpept and peo-
sic. who pay the taxes, from all spch
hard bargains 1t was intended as d
-hield in the hands of the patriotic
people OF the country against all forced
sales of bonda. and all extrayagaut
rates of interest
Every attempt on the part OF any
class of citizens to create distinctions
and secure legal preference, mars the
simplicity and success Of the whole
plan. The very Discrimination propos
ed carries 90 its face notice to every
body that although the notes are
declared to be lawful money and a
legal tender IN payment of debts" yet
that there is something of higher value.
that must be sought after at sacrifice
to the Government. to pay peculiar
class oil creditors to whom it owes
money! kind OF absurdity selfstulti
Gea,ion which does not appear well on
the face OF the bill. 1t is an unjust
discrimination which doss BOT appear
well now, and will not look we'll IN
history You will. if the Senate
amendment is adopted. depreciate, by
your OWL scsa, your own bonds and
notes, and effectuaiiy destroy the
symmetry and harmonious working of
the whole plan.
| Is the bankers money any more
sacred than the services of the soldier
in battle, on guard. or 10 the ten ted
field ? cannot see that the banker or
the holder of Treasury notes is entitled
to any preference over the soldier
under these two laws OF Congress, ana
yet. II you eeuaar 10 these hard money
amendments of the sesata, you will
compel the soldiers to take legal tender
Treasury notes in payment for bis $l3
per month WHICH you agreed to pay
him. while you pay lbe banker bis high
rate of interest, semi annually, in gold
and silver coin. Is this right? Will
this be melting out just and equal lay.
to the loyal citizens of the Government?
What v1.il vnur ormu COW RI on arranua