St. Landry clarion. (Opelousas, La.) 1890-1921, 1900-06-23
MONEY STILL AN ISSUE.
Instead of Being Dead II Is Now
More Alive Than
IL Ever. 81

Essrs
Inc persistence III lnaiiltd1tiiiis az. ',.a
the money issue IS IL aesii eite mp 20
a Wlsh oased upon 2 hoPest.aS Y, : y, VIZ
De dropped, AZ not ehelIeiS iols y V55ss. -
II the issue IS #deaa, II mas 9 seis pet-
corpse. dhe eastern press III eoAis,
mon WITH tn fhat OF @ the 1lliaqile a "ese aai4
west Is very htach eAeieise'e ~ W e4s'
eAPehultales oi i''ssAie ,liois -
the iast three yes1 ti 49, ...ana. 49,
oefs ths amount ee udls
eNelooah te ia's tlntss' 2 A',s
last ssscai year Tue fts1ilislp1
aata from oitit'la4 souhoes s.e % 20
lows.
leas Edseai Year stss Sia snl rs E
ls9s .....,..,.ss. ............- 6o5.07217 50
lsee tnlne kne7ssaso ...'''''..~, .eo.so- %
Total ST. 416, IS, ,277 81
This is alarming, and when we con-
slider that the total aanotlsit of these
taxpenditares, wrung Yror1. the people
! 'by taxation. exceeds by several hun~
4 dred millions the total amount of the
i balance of trade in our fagGrs for the
ra,,., ,,,,,.;oa of 4i1,,., ;it;;s aasv 10 nm
4 tt11.g 80, -, }},sr,Z 80 =
. has not benefited us financially, why
we are eompedaeti to resort y TO efeo1s u
49, -, - ~ s;,,,,,1 ser,,rs has besn
turned over uo the. banks to provide
as psyith a medium OF exchange isaaf-
/ firfent to carry on: any business at all
Mon Marriott, RrosiTt, a republican
/ I,ffe l,e1. qaf .a.on o-ress from pennsgIYa-
I r5sa. is al man who looks ut figures,
4.uad saws figures do not lie. He and
i ,sI1 bis .-kYH,l,lica., t.ongreres do ra3t see
Hsa.ha Iies behind the figures. In a
sl.:sneech In the house on NAV 8, he
gives sfsme fieurrss which are Excluded
s here ard should be added To those
# set forth in the preceding parag aph
q so that the reader may Judge of OUR
/ depIerable financial condition. He
/ saws. 1.-The refunaing provisions of
the INV are working cut an achieve
ment in finances without a parallel
in the history of the world, and me
submits, the following official st;pte-
ment:
Amount Saving Premium Net
r,,,af relut'easea- sd az iii1 ps'sa
yg1s $50 ssAae0 Be osO.415 As, ,5s7 81 ss2S
F'gurs 80 .,,3ooo.oo ,or.s, ,oe - s,zp ~,
FTfyes rze no. ''-7sO' -r'''''''SV
1904 4o, 2ss,s $50 ai61s'sa1 47a6,S7s .'1s.9oa
$3.50 ese, ,75e ss2 6sa2g5 s2s os4, III ss, 6sssz5
/ Mr.. Brosia1s is as near correct as 1T
rs possible for an able fnaneier he
aonging to the republican parity TO
be. which nearness to the truth acan-
| ssfsts in getting as far away from it
=ls possible
There is not only not a saving in
1.-THE above official transaction, .btt1 a
dead loss of $ss, ,439, ,761. and here are
/ the figures to demonstrate it.
Two hundred and sixty million,
twenty Thousand and seven hundred
4 and fifty dollars to run until 1909
s3 (say ten years3 at an average inter
u est of four per cent. per anntTIta,f would
s demand in interest S93.601, AGO. s
i But this principal has been convert
j ed into 80 year bonds bearing two per
jcent. interest. "A total interest for the
4 ST. years anI0uMSfHS TO Ploo,oI <,fto.
/ To this add the premium paid, S26,-
I 0az,T77i, and we have a grand total
jiof s1sa, a,o47,s2 ,s221. Subtuacting the $685.
G07,46o interest canceaed on the re-
! funded principal and we have "a total
/ net dead loss of s8s, asa. 761, or s. ,947,-
j 992 per annum.
Taking the entire national debt as
refunded, and Including about $780,
I Ooo. 600 in premiums paid to bond hold
! ers, and we have a total dead loss,
or a robbery of the people, by this
unparalleled achieve1nent in finance,' .
amounting. to $16e9!O00,ooo, or five and
one-thfrd millions OF dollars annually.
j It is not necessary to indicate who
= ~. 10 ~ -4sbse gsr,.t I,l Il q
,,l,,,n,ile,
We are. i, 4,., eqrioas position of
.,nan .,frs5.g. q, raw s,is aebts les,4 he
/ 4fo1oe himself into !. l,ankrrn4rv ana dis
! tr,.h dba tinane5.,l eonflifion Of his
cradi4ors Nohodx l,,,t Al af,le finan
i cia, Devoted heart. and soa,l to 4he
1 ,iaK;nlav nrol,larn af nove r., rnez,t
,.1a .,,,,t, ae.,,