Year: 1877

which has crippled the industries OF the
country, paralyzed business, and well
nigh brought the affairs OF the nation
to a standstill.


We have a dearth of greatness in the
political world, but greater lack of
honesty of purpose than knowledge
of the existing evils. We are a Demo
crat if we are anything, but despise the
policy of the party which cannot build
platform broad enough for the nation.
Why cannot some man be found who
can lead the people, one whose wisdom
would command Difference, and whose
good intentions would challenge ad-
miration? Alasl America is cursed
with pandemonium politicians, but has
no leader whose talent can devise plan
to relieve US of our dilemma, whose in
dividuality would impress the people
with his capacity to lead, and his bold,
answering purpose to do his duty for
the veal CT the people. To start new
party would be to let loose a pack of
designing schemers of loud pretension,
and plans well matured for their own
personal emolument.


The only alternative is with the peo-
pie. If they could see alike it would
be well for us; but they are led by false
beacons, signaled by as bold and bad
men as those lawless banditti who de
coy the mariner on the reefs that they
may scutte the ship or enrich them
selves by the salvage of the wreckers.
The merchants who are opposed to con-
traction are afraid TO speak out, for the
conspirators have them so completely
| in dread of their delisiou that they fear
to become target to their random VI
tuperation. The politicians are too rea-
dy to grind an axe, TO take any stand
that may mar their prospects for contin-
uence in office; and the power who holds
( the whip is the favored money class,
who are determined to carry out their
high-handed measures, even though 1t
ruins the country, so they may but
amass wealth at the expense OF the sut-
fering masses and general calamity
of the enterprise of the whole nation.


The common hackneyed remark we
meet from them everywhere, "Ycu can
not get money unless you have some
thing to offer for it; you must work for
it or call it out by collateral equivalent.
Such utopian verbiage is unworthy OF
notice If a man is incapable OF seeing
the absurdity Of such remark, no
amount of reasoning would help him TO
sclye the problem which he purposely
mystities in order 10 screen the true
meaning of Lis thoughts. Prosperity
superinduces activity in all the branches
Of trade, and money in great cheap
quantities encourages enterprises, which
otherwise would not be thought of. We
need money cheap and good TO make
grcenbacks equal with gold you have
but to make it receivable tor customs,
and the thing is at once accomplished.
Remonetize si'ver and yOu haze coin 10
meet The ,panis Of trade. What then
Business will rebound in day. You
will not see men standing over an item
of merchandise trying to hack at the
cost of it, but they will pay down lib,
eral, fair price, and be off in hurry to
attend to business which is lenumera-
tive, because activity and reciprocal
prosperity is in all the channels of trade.
Labor will find employment, and prop
erty at once will go up to It's old value.
But says one, if you make such batch
OF money you will make it worthless.
Some such wiseacres have kindly offer
cd us advice, and asked US TO read this
and that work On political economy,
&c, &c. We promise the knaves to
do 10 such thing. We promise them
to know one fact and ask them to dis
prove it. If a property is worth a mil
lion of,money by the common consent
Of all adjudicators, it is certainly safe to
take mortgage OH it for one hundred
thousand; aud if it is coed to A, the
pound of flesh money lender, it is sure
ly good to D., the more liberal money
changer, who offers his money at le-
Gal per cent. So in like manner if our
bonds are good collateral for the Eng
lishman over the sea, they are good Sc
curity for the citizen at home. Again ::
! if merchant comes in our mart rated
with double A., and buys fifty thousand
dollars worth Of goods on time, say four,
six, or nine months, does it follow that
in the purchase of such heavy stock
of goods, and in setting afoat such an
amount of paper, he has impaired his
credit The percentage OF profit on his
purchase by the time his paper natures
will make him richer by ten thousand
dollars than when he entered our mark
q, whilst his known solvency has given
him credit, on which he has operated,
and thus virtually done business on 9th
er peoples capital. Why not save our
interest by the issue of our own paper ?
We have mountain of difficulty in the
shape of debt. How shall we climb the
mountain? To use teamsters parlance,
we will put on pair of leaders; in 9TH
er words, increase the strength of the
team. Baltimore abounds in hills. 1t
is ar ornament to the city, but an i'm
pediment to our city railways. We no
tice they put on horse at the foot OF
the steep hills to aid the car to the sum-
nit. But suppose, on the other hand,
they should take off horse from the
train, and instead Of three horses they
shonld try to pull the load up the bill
with one horse-who would wonder
that they stalled at it And if the driv-
er attempted to whip the horse, how
lorr yyonid II he before he would he ar