The Penn's Grove record., 1897-01-15
Jackson Day,

~-s
son day in the history OF democgaCE n
being the SD anniversary Of The sa-l3=
OF New Orleans when Gen Andrew
Jackson whipped the British Tsa cgA1s
SO badly that the English di3 pat t'al1
or our shores until during the eEa VA
ghsfn they intrigued our politicians 80
the 4-Sney Question. Gen. HHrDal
Haupt, in the January numbsr &. Sine
arena magazine says, England tEjt-t
to ~subjugate US by the bullet, bUj s.e
has accomplished it by her goia AMI
compelled American Industry II IA
her tribute"
The genuine democracy, the Gunnrm
people, were too poor TO dine H1,a Eu,+
on that occasion, but ths g0la UaE
democrats, the bankers, held fartL IA
Chicago and New YoIk. IL Nsv
York Perry Belmont, the miAl0Ens--
banker and reputed grandson 0; cid
Rothschilds, spoke for ssmCegacy.
Such a man speaking fer democracy Is
enough to make old Flute lsugh hz-
self.
Mr.. Belmont in bis speech WElL
make people believe that Jaeks9gs dA
was that there could be 10 iHA A
tender money but gold and silver.
Jackson did believe in hard uOue7 and
in making silver as well as gs.d fQA
legal tender, but Mr.. Belmont and lis
pseudo-democrats have destroyed silver
Is full legal tender money. II is tue
there was no legaltender paper in jack
sons time, but jackson killed the cred.
it paper money of the U. S. Bank by
which Nicholas Biddle and his fellow
bankers reaped fortunes off of the PEG.
pie on credit paper which cost mex! 10
nothing. But Jackson did say, 1T
Congress has the power under the Con
stitution to issue paper money, it was
given them to be used by themselves,
not to be delegated to individuals OF
corporations"
Everybody believes there is not
enough gold and silver for money and
that paper is needed and a large major
ity favor g~reenbacks. GIeenbacks be-
came necessary to carry on the wal
40 great was was ever fought on gold
and silver-aud they were at 6rst made
q full legal tender but the bankers had
an exception clause put in so they could
make them depreciale aud not the VOL
ume issued. The U. S. Supreme Court
in 1872 decided it was Constitutional
to issue them and decided in 1884, it
was constitutional to reissue them. So
you see Jackson and the Supreme Court
are both against Me. Belmont and his
gold monometallist friends.
The Cincinnati Enquirer says,
"When and where did the patron SAINT
OF Democracy favor a single gold stand
ard and the English system of fiuance,
gold and bank notes, clothing corpora
tions with the power to play fast aud
loose with the circulating medium? Ii
will be very interesting to hear Presi-
dent Cleveland pronounce a eulogy on
st. jackson and compare the well-known
views Of Jackson on banks of issue with
the Presidents message to Congress
urging the cancellation of all Govern.
meLt paper money and the enlargement
OF the power of banks, giving them Ell.
tire control of the volume of credit
money. The real friends of the hero
of New Orleans should protest against
any participation in the exercises i'll
honor of Jackson by the so-called Ma
ti0nal Democracy. Good Lord deliver
Us and the country from II national
bank Democracy Better that the Sth
of January should be blotted from the
calendar than that it should be profan-
ed"
On the same day the silver Demo-
cracy held a meeting in Chicago to cele-
brate jackson Day, at which Messrs.
Bryan and Altgeld spoke but the mon.
ey power press did not report what
they said. Free silver is the entering
wedge to get the nation and individuals
out of debt. The real isslie before
the American people to, day is whether
the banks shall issue all the currency
which is not money (only a promise to
pay money nor a legal tender, or
whether the Government shall issue a
legal tender paper currency.