The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1896-08-18

mighty Republic. The Constitution OF
the United States has stood 100 years,
has Is amendments and needs more,
to wit: the election Of President and
Vice President and U. S, Senators by
the people, bureau of the currency and
an explicit definition of the word coin.
Webster's dictionary gives eight def
nitions to the word coin, to wit: To
coin q word, to coin a lie, to coin a
! fable. that which serves for pay ment,
| metal stamped as gold or silver, Sc
Tomake good money it must be stamped
1y authority of government. Other
wise it is counterfeit. So according to
Webster, law makes and unmakes
money; ard that which serves for pay
ment is current money. Does it need
intrinsic value or redemption? If a
S. note on the United States buys me a
pair OF boots, IL Is redeemed to me; or
if it pays my debts to an amount of s.,
and SO on until worn cut, what more is
wanted The intrinsic value and re-
demptIon features are curses to our
country. To say the word go
coin money" applies only to metal
stamped, i5 an error. The greenback8
issued during the war had no intrinsic
value and needed no redemption, but
they crippled tho goldbug, the banker,
the bondholdoT, the presidents and
cashiers of banks that came to the
front and were dictat0rs and law max
ers and had the exception clause put on
them, to impair their value, and cur
representatives sold their honor and
disgIaced the Capitol Of q great nation.
Aud to add to this Disgrace, British
gold has ite il huence.
NV for reform nov for more money {;
now for good honest money, gold, sill
yer, U. S., notes, ali backed by q law of
Congress making them a full legal
tender in payment of all debts, public
and private, with heavy penalties for
anyone to receive them or pay them
out for less than their face value. TIE
United States Constitution gives to
Congress power Ito coin money, regu
late the value thereof and Of foreign
CON-" and power Ito make ell laws
which shall be necessary and proper
Tor carry ing into execution the forego
ing power, and all other powers vested
by this Constitution in the Government
Of the United States or any department
OF officer thereof" By authority Of
this provision g secretary of the treas
ury is appointed by a law Of Congress;
but no place for ham to deposit, trans
NIT and safely keep tire nations money
waS provided by Law. at this point
comes in the old I. s. bank. a m0ncp
oily to handle the ball Of butter, the
nations money. 1t was recommended
~ Alex. H+miItcn, in 1871, to run fer
20 years. II provided that the United
States would not establish another
bank during the existence OF it's char
ter. In 1916 it was re-chartered under
Madieon'B administration, and the
principal reason given for it was the
wont OF @ national currency. 10 1882
it received heavy blows from Psesidt M
Andrew jackson. IL rceled and fell.
The management of the money Of q
nation, the public revenue aud the
currency Is the searching operation in
all govern monts. It eff cts every
household, every family and every
frcside. 1t is paramount and is the
issue to day. l. t US meet il in the
Alliance demands and cernand a rs
tionel currency, tut lot by the benke
as COZ pHrations, bu5 from the govern
ment. Stand TO your guns and give us
the demands OF the Alliance. Vau
Buren'6 administration followed J4ck-
sons, then it was the independent
treasury was estGblie heG July / h, 1910.
repealed by Ty Ter August, 1911, renewed
by J X Polk August 1876
J. IT F0V