Year: 1875

THE TRUE INWARDHESs OP THE LAW THAT


WAS DESIGNED TO MAKE BONDS AS eoop


AS GOLD.


The Washington special Of the Chicago
Times sent the following sensation 70 yes
terday's issue of that sheet: Don Pistt. In
to-dsy's Capital, gives the following mar
sonaI history OF the passage of the act of
congress ordering the payment of the 5-2O
bonds in gold: THAT the passage Of the
resolution binding the government to q.
payment In gold was premeditatsd Wall
street design, to depreciste the currency and
augment the value of the bonds,
We have the very best evidence
We were sitting in the committee-room
OF the District of Columbia, penuing q
letter, when gentleman well known to the
,worid OF stock gamblers came in. We had
lameDted, in his presence, few days before
our i'll luck in not bsing able TO speculate
10 stocks as we saw others doing. and to
realize handsomely from such speculations.
as several of our brother pen drivers haS
done. Our friend now came to us to say
that he bad an opening, through which 9
good thing might be secured, and when
this opening came 20 be explained, it ap-
pesred in resolution, carefully prepared.
that had been placed in the bands of the
chairman of the committee of WAYS apG
means, to be offered on the first opportu-





PAYMENT OF THE BONDS IN GELD.


This, he said, will send the bonds up to
par, and then, if we can manage to make
the government anticipate some of its in
the bondholders will realize
enorm usly. Don't you see now, sir, your
chancef Come in with us? A little carried
tor you will make you independent But
we SAID, how are you to pass itf We al
know that II never was intended 10 make
such distinction In favor of these
bonds. They were bought with
greenbacks for a mere song, and for
the government thus TO stigmatize its OWE
currency while indorsing these bonds is
simply Infamous, and will be so regarded by
the people. We have twenty years in which
to redeem this bonded debt. In that TINS
we can fetch our currency to par, ending,
thereby, all question as 10 the mode oI paw
ment. To make the distinction You propose
is an infamy.' There you goP he cried. q
did not propose to discuss the morality or
the justice of the move; 1 only wanted 10
show, as friend, how you could


MAKE A FORTUNE WITHOUT RIsKINa CENT
You can not help il. Nearly all the con-
gressmen down stairs, in house and Senate,
have more or less OF these bonds, or viii
have them before the vote is taken, and
quite number will come out of the trans
action milionaries. Not pass itl Why, you
it will be passed under patriotic
cry OF no repu0istionI the plighted faith o.
the governments must be sustained! anG
stuff of that Sort Then, we responded,
it is considered right TO repudiate the
debt owing to the people in the shape OF
currency, and shameful not to enable ring
of speculators TO grow rich in the distress OF
the country, for that is what it r-esns. The
men who beast SO loudly of having saved
our flag in its hour of peril have used thai
flag to cover just such infamies as these:
aud now the democracy OF Ohio, with vic
tory almost within their grasp, turned back
on their time-honored principles, as
their transactions and glories, take up the
role where the exposed theorists were forced
to abandon it. and cry aloud for more
worthless currency"