Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1896-02-15

0uits principal anu interest, ol lut w
ton of the government of the United
States, in silver dollars of the coinage
of the United States containing 412la
grains each of standard silver; and
that TO restore TO the coinage Of such
silver coins a legal tender in payment
of said bonds. principal and interest, Is
not a violation of the public faith. nor
in degradation of the rights Of the pub
lie creditor"
This is the law of the land to-day.
Following up this act was passed the
Bland-AllisOn bill This passed both
houses and was vetoed by Hayes, and
then passed over his head. IL made
silver legal tender i'm payment of all
debts. public and private. Then fol-
lowed the manipulatiOns of this God
deSs of Finance to overcome these laws
made by the representatives Of the peo-
pie. He ordered that all greenbacks
or legal tender notes should be paid
in gold. and i'm no other way, and at
once began ways TO create a fund of
100000 coo In the treasury, Of gold, 10
carry out his purposes.
To DO this ne began to sell bonds
and issued and sold 10 syndicates S95,-
0cJ.000 az per cent bonds. Why aid
be do this? He repudiated the coin
contract He repudiated the law that
made the legal tender notes redeemaDle
in silver legal tender coin, and it re-
pudiated the action Of Congress in de-
claring tina, our coin obligations were
payable alike in silver or gold coin
he utterly refused 10 obey the mandates
or The statutes He could have done
the same with gold. and why did he not
do 500 For the simple reason that he
was under the influence Of English
capitalists WhONhad been trying since
1916 90 urn ms aside from the use OF the
double standard and join with them i'm
the use Of gold as our resumption
money 3lone. Sherman opposed this
scheme down until 1872. then he as
sumed The position that our people fav-
ored Great Britain's policy on the mon
ey question Listen 10 him i'm letter
90 friend i'm Kentucky in 1868: Dear
Si,.-l was pleased TO receive your
letter My personal interests are the
same as yours. but like YOU. I do not
intend 90 be Influenced by them Ny
construction OF the law is the result Of
careful examination. and I feel quite
sure an impartial court would affirm
10 II the ease could be tried before a
court. send you my views as fully
stated ia speech. Your idea is that
we propose 90 repUdiate or violate a
promise when we offer to redeem the
In legal tenders. l think the
bcndholder violates his promise when
he refuses 90 take the same kind of
money he paid for the bonds If the
case is TO be tested ly law I am right.
II it is 20 be tested by Jay Cookies ad-
vcr-isements I am wrong. [ hate re-
pudia,j0n. or any thing like it. but we
ought noj 90 be deferred from what is
right by fear of Undeserved epethets.
IF under the law as it stands the
holders OF five twendeS can only be
paid in gold then we are regulators
il we propose TO pay otherwise. If the
bondholder can legally demand only
The kind of money he paid. then he is
a repudiator and eEtOrtioner to demand
money more valuable than he gave. 80
Where is he now and those who fol-
low him, be he Democrat or ReDubli-
ca02 What causes the mighty change?
II Sherman was right in 1868 he is
wrong now. and every turn shows he
was right I'm 1868 and wrong now. How
did Sherman and his successors keep
the sold reserve fun until 1885? By
exchanging silver certificates for gold
From an over the United States gold
was sent 10 the United States treasury
and exchanged for silver certificates
isued under the Blard-Allison act. The
gold was used for redemption purposes
by the government and the certificates
secured by silver. This had 10 cease.
rs tie people were too liberal and were
unfolding silver too strongly, so i'm
1855 the privilege was Withdrawn and
silver was entirely ignored and rele-
gated 20 the rear and the endless
chain started The wheel began TO
turn that carried I'm greenback and re-
turned gold. Legrl tender notes re-
deemed i'm gold and then paid out. then
redeemed again. John Sherman aid #.
and i'm this last act captured a few
Democratic adherents. and they stand
shoulder to- shoulder with him disown-
ing end dCclaimiug against all former
precedent They stand bearing the
yoke Of British capitalists. wreaking
upon the heads of those who lifted them
20 the high positions they occupy. all
the miseries that follow i'm the trail of
that form of government that enables
a few rich men TO govern the price of
labor and every commodity We see
our property going lower and lower in
value Us the purchasing power of gold
becomes greater. and yet the endless
chain goes round and the treasury be-
comes deplete of gold and more bonds
are being sold to replete it. This will
not stop the chain. it will wind on until
our debt like EnglandS. cannot be
paid Tic is getting close to that point
now. English capital. aided by Sher-
man. his party and few pretended
Democrats. are doing nothing TO stop
it, They don, want it stopped All
that is needed is 20 apply the law Of
Congress under the Stanley Mathews
resolution. Pay according to contract.
and fin an instant the chain is broken
and bond issues stop. No violation of
contract. but strictly a lawfUr fulfill
mentofthelaw. tt is the feudal princeat
home and those abroad, now writes
i'm the control of the Empire of Gold
Monopoly and owing their highest al
legiauce to the shyl0cks Of Europe. who
object 20 any pan Of breaking the end
less chain There is one power on this
continent that viii break il and it will
be done before many moons by the
American ballot The people fear this
enormous debt that is being created.
Regardless of party the common peo-
pie viii assert their power and those
who have So wilEuuy perverted their
every interest viii feel it and be made