Year: 1876

captains that the Democratic members oi
Congress-so the telegraph informs US
are procuring amnesty for, in the Sandwich
Islands, by threatening the Reciprocity
treaty. IT is not enough that We are pay
ing interest on


THOUSANDS OF MILLIONS


OF dollars Of debt abroad. but the profit OF
our industries must also 90 to swell the
amount of tribute that we are annually
compelled to pay to Europe.


The conquering legions of Rome were
more merciful to the nations they subdued
than We are to ourselves; for we take this
tribute upon ourselves voluntarily. There
is not the slightest necessity for it. We
never needed to have borrowed one dollar
of money abroad; and the system which
has entsiled this debt upon US must be
overthrown, or the American people will
be enslaved. They are 30 already. but the
chains are not fast rivited yet, Though it
will soon be attempted We could pay all
we owe in a very few years with


TRUE MONEY,


but sooner than grant this, our own and
the Shylocks of Europe will persist to the
death. They will never be satisfied with
less than the pound of flesh They will
never even be willing to compromise on
the 3.66, and thank God for it; for if they
did, we would be little, if any, better of
than we are now. The monied interest of
the world has become too corrupt to be
bound by compromises. The usury laws
were q compromise with the bankers, who
agreed not 70 charge more than limited
per cent. if we allowed them to furnish
their obligations for currency. But how
soon they forget their promises Now
they not only demand that they may ask
ali they can get for the use Of money, and
that the usury laws shall be repealed, but
they demand that the government shall
furnish them the natien's obligations to
issue, in lieu OF their own. while they are
to draw interest on them all the same. II
is difficult to conceive Of greater audacity;
but the people submit to it quietly, and
while they do, the demands of these cor
morants will never end.


YOUR INDIANA CORRESPONDENT
asks How Is the amount Of money
which the government is to issue to be
limited 2" Will he first show US the neces-
sity for its being limited II | am Of the
opinion that this question has been very
little considered. The writer also says
:" 1t cannot possibly be the idea to give the
government power to issue money without
limit or estimation" Why not The
writer. be he bullionist or not, seems to
be terribly alarmed at such a catastrophe.
If he anticipates an impending evil from
such power to issue money dd hbitUm,
why not inform us where this danger lies,
and in what shape or form it is to come
Then we may avoid it. We have been
frightened with bugbears long enough.
The government issues money now TO the
national bankers. Can he give us any
good reason why any citizen Of this coun-
try should not euj j,y the same privilege
Can he account for the dread of imitation
in any other manner than by suppOsing it
will lower the interest on money In
other words, put an end to the living of
the labor OF others.


These anti-inflationists want, they say,
to get prices down to the bed rock but
they lie. They want to get all the prop
erty they can in their hands, by making
money high and property low. Now, il
they will


ABOLISH THE SPECIE BASIS,
and make money plenty and free, they
will reach bedrock prices soon-snd they
know it very well-and what is more, they
will keep prices at bed rock level; and be-
sides, no nan will be able to live in idle
ness upon another mans labor any longer
than until they have spent what they had
accumulated before free money became a
fact.


The right to live upon another mans
labor is a privilege conferred by unjust
legislation, and one that, but for the con
diti IN of serfdom, from which We have
but just emerged, we should regret with
seorn; and rather than submit to it, like
the untutored savage, we would prefer to
be banished from the face Of the earth.
And is it not nobier to die freemen than to
submit to be made slaves


In my next | will endeavor to answer
the question of your Indiana correspond
ent, If Mr.. Carey does not.


C. b. SNIrR