The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1895-07-22

refuse II to both. and deprive the peOpis
entirely of legal tender coins ii cOuld
/ take away the vital quality of debt-payinS
money from both coins and that would 0e-
! monetize both metals. 1t Is needless 20
say that in such case the debtor ~ouid
/ be in slavery to his creditor and that only
by his indulgence could he De ever re-
leased from this bondage. lie would nave
no power to become free man But ! VIII
rave you 70 think over and work our me
dangers and distress OF that situation Nnen
could d man whose farm is worth SJ,vUb ever
pay debt Of 1900 secured b. a mortgage
I upon il otherW:se than by giving up his
farm TO his creGitor7
1t is manifest then. that the vital power
OF money is its debt-paying legal tender
power. One element Of this power Is that
II shall be coined by the United States
and another element is that only gold ana
I silver coins can be made a legal tenuer-at
least. by any state.
CruaIty to the Poor.
When both these metals are thus distinct
ly declared b. The constitution to be money
metals that can alone be coined as legal
tender money. and when this essential
power Of moEey IN making compulsory the
s those whose business IN life, whose neces-
7 stiles. and even their misfortunes. shall
sometimes force them to become debtors
/ 10 the more fortunate, the wiser, or the
{ meaner people with whom they must have
dealings. II IS an inexpressibie cruelty 10
/ strike down one or both Of these metals as
n legal tender The congress that does
that evil and rUinOus work. and the men IN
authority VINO demand and uphold 1t are
e..ists u peEFeitin< the character OF or
liberties. and the darkness of their guilt IL
mucous
shadow upon the poor and the he'll less.
4ncy meg IN ISL tne.r lofty heads above
4 this cloud 81 distress that shadows every
land, ami the piEmcd cresrs of kings may
signal their COnsrat uIatlOns to each other
and across the ocean 10 the president OF our
Tepublics they may claim that they are hon
/ orable men. who keep the faith OF nations
/ and pay honest debts in sound money. yet
. they mistake cupidity for nouor, and they
/ translate mere power meaning justice
u Is might that makes an thinsS f-Slt
with them. Their glory shines out like that
OF the turkish EaS al Shipka pass, that
( H9ated above = - r4Inld Of the EcddieSF
trunks OF caqtives taken il open war. and
I slaughtered after they had surrendered.
Taese No.dy boasts Of honor = tween Ia
tons are made IN order TO cover he guilt
of merciless slaughter Of innocent people
They have mace the debts OF the people
+ Just by striking our. with lawless hand.
the provisions in our bonds that they should
+ BE- paid Iu gold or silver coins AZ the
+ option Of the government. and lg compel
+ ling the taxed to.lers OF the country 10 pay
F only in gold the debt that. on its face. gave
Ihtn the right 10 pay in gold or silver coin
E They made the debt honest br ocuDllIg
the burden of its obligation. and thereby
{ doubling the taxation that alone could pay
/ IL. and they brand the people as being dis
honorable repudiatOrs who even dare to
. groan under the oppressive burden. This IS
/ a purely British policy. II is a British
{ standard q good faith. II has no place IN
/ any American code OF morals II is sheer
Creditors Rob the Debtors.
BY their laws and their wise policy OF
| trade and commerce the world that is all in
debt to London has its debts increased BY
{ ~ per cent through tire destruction o. sil-
/ yer money. and the price OF their pIocuc-
I ton. which is fixed in London Ior all the
/ world. decreased by - Per cent Why
{ should not the world become cor. thus 10
enrich London anu ats ailled sLonty Alnea-
4 This is the question that is asked of the
[ toilers in the name OF honor, Of the honest
/ payment OF debts and OF sound money
/ IL was supposed that Americans who had
/ emancipateC this western heIsliSo1ere rom
/ political bondage to the royal ana I'M erlat
Ia STR
/ enough 60 save their own people l"om tnis
/ worse than imperial bondage.
The resources Of America in forests, nelds
/ and mines are great enough 70 eve US 10
mastery OF the world in producuon. Gem
! mcrce and in money coined from cur own
precious metals y nat then l5 " L-il5- u
b is The mon with tho Old spirit q American
ind,1si.denee q .1tli q y are ~an5lns WIN
trla standard OF honor. ana tnat sound
money IS the gold and silver coin Tat IS
rafna.i in the constitution a legal tender
money and is expressly stated an our
national obligations, except god ana sllNer
certificates. 10 be the sort Of money N
IN spirit Of loyalty TO America and OF
faithful regard Tor our cOEstl- 1t.on, lnsplr-
ed an our laws Of coinage. legal tender and
ment until 1915. Then it failed for TWO rea-
+ sons. One reason was the 1rtsplnS &ree1
, Of Great Britain ana her a-Iet STOCK ana
! bond holders IN our midst tne other reason
| was that our people had sunk their spirit
| of national iu5eu,ndeuce. some Of them,
| through the distress and humiliation OF sud
| den poverty. as q result o. The clYA F'ar.
| and others, who had great majority IN
! congress at their backs. rad lost sEnt OF
the star OF liberty M the 9taiher anu ptlls
| of sudden wealth. But The spirit OF lEde-
peudence was lost 90 those - no salIe4
I money. while others lost their Ewes N bat
In the enactment Of new laws for thu
radically new situation. luefuGIr- tie Re
visci Statutes Of staI sections, mss coinage
( rs n vs. er,r..,5 M r.i-Igb s. sections Of
cav #af.
without being read lu either house, on the
/ 10Th OF June, 1875. 10 date from the lst aay
Z of December. 1873 in tne enactment OF
this vast body 81 law. which repealed al
Z laws Of "a general character that prtcede1
it, there is a serious challenge made by ihS
I most active ami eminent rn-n then IN con-
gress and by President Grant. rs no signed
! the Bill that the blow wlIe1 destroyed ie-
/ gal lender silver money vas stealths
stab. delivered iI ,E- confusion that
attended this great revolution ID all the
/ general laws OF tHe republic
Aiy state was then DOB the thraid1m Of re-
| construction. as Gtyr-tf "3s. ana All max
l can say IS that being dumb. we spake
I leave it to history 20 settle thar d' nute
/ between General Grant. on enc sile. and
! Mr.. sherman oa tho other cLiy know
I that the blow was stricken. and tho couu-
I try knows. ana God knows. KAT II vas Ia
! / cannot io,!bt shat tr- ausmus Of the
4 blow was the same mere tnat Y was IN
{ Great Britain in 1875. ,,leu silver was de-
( moneuzsd there. NOT ty cropping u rom
a
/ at OF l>5S bat ty lin tins ITS -e-al tender
I power to 50 shiilinls- oar teitTmerS went
{ dttpe- With the 5nife ana 1ut & n, with
T out remedy. by ,Hlnaia- the Unit o. value
and eNVeiluZ tile silver collar !.om thu
/ miHts and destroy ms also its lesll tender
power
/ When the tables of our new 3aw were
I laid before the people and they hai time
I 20 feel and realize The Destruction mat RAD
been wrought il was found that cur aaron
the high priest o. uuaure-had net cu'y
/ set ~. IN. golden calf ami an altar for is
/ worship hat ne had 50 interpreted ths
( law itself as to make this wlcl1t dt'ss ie-
/ climate.
The Golden CaIF and John Bull.
] The isTaehtrs were only five mJn.ns cut
Of Egypt when Ike treason 90 GOO was
p perVetrated los their Amounted hi-u priest.
closes was hid frtm vie,s IN the ulo-..ta-l
anu hey thaS-at hc Was dead la that
Z extremity they fashioned the EeA god
| which they sea up IN tle similtute 81 4
cal This was done because they ln;.-e1
! for their sarv5tuda 10 Pharaoh ana Tor the
! flesh pots OF Ee.ut- They aa1 lot been
1 weauel. They mai not gained lHe highest
power Of Il trUe m2nnooG-the si4r.t Of in
/ dependence. ia the love and lea- Of The God
{ OF +lstice.
Toe Egyptians worshiped Apis. the sa-