The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1897-08-26

legislation, in regards to the i've
twenty bonds, these bonds were pay
able in five years or which might run
20 years at the pleasure of the govern
ment. The five years were up Jan.
Ist, 1869. The holders of these
bonds called conference of them
selves, as they saw clearly that the
government had reserved the right to
pay off said bonis after five years,
20 pay off with the same kind of
money that it had received for them,
which was greenbacks, and the gov
ernment had large amount of them
on hand piled up in the treasury, the
same having been received in pay
ment for these said bonds and which
was afterwards ordered by congress
to be destroyed. The conference
came to the conclusion that as an in.
ducement to the government to refund
said bonds into long time bonds and
make the new bonds payable both
principal and interest in coin. A bill,
was introduced called the credit
Strengthening Act, which was mis-
nomer. l could not understand why
the government wanted its credit
strengthened after the war was over.
The fact of the matter is the Act was
SO named purposely to deceive the
people. This bill provided for the
refunding of the fve-twentles bonds
into new issue to run thirty years,
draw per cent. instead of per
cent, and to be paid interest and
principal in coin. The, bill provided
for payment on or before thirty years,
but the words on or before were
erased and the word after inserted,
before the bill was enrolled. Then
in 1873 there was an Act passed to
revise the coinage laws. In said re-
vision the silver dollars of 4Ia1 grains
was dropped out Of the coinage Act,
and the coinage OF trade dollar pro-
vided for to contain 42o grains OF
Silver and was made legal tender
for $500 only, it being claimed that
| said trade dollar was coined for the
china trade. What did congress want
to coin such dollar for when at that
time the dollar contained 412a grains
of Silver, and was worth 1903 cents in
gold in Liverpool or London ? 1t
was to deceive and rob the people by
making the bonds payable in gold.
That was the aim of the tools of
monopoly which makes up the Ameyi-
can Congress. The Silver was the
unit of value from the foundation of
this government until 1873 when It
was changed to gold, Gold being the
only money of final redemption to-
day. The Silver dollar is to-day a
legal tender and the greenback is
nothing less. There are very few
outstanding bonds to-day, but what
are payable in Silver dollars. Why
not pay off the bonds which are pay
able ? l tell you why, this govern
ment is in the hands of few, and it
would put too much money in circula-
ton and would make money cheap.
Pay them off in Silver dollars. The
treasurer's report says there is abou,
400, 900 Silver dollars and bullion
piled up IN treasury vaults. Why is il
there Because the money Oligarchy
(the government in the hands of Q
few controls a majority OF the mem
bers Of Congress. You will find tina,
the next scheme will be to retire the
$346, 900, 900 of greenbacks by issu
ing $5 90, 900, 900 new fifty year bonds
and on said bonds let the national
bankers draw the full face value o
the bonds in national bank currency,
Will the people submit to it II
looks very much as though the people
must submit to become slaves. Make
them poor and dependent, and the,
will become humble and obedien,