CASIAN
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Vl)lT()IiSCHAIH.
r r THE EDITOR 0J THE
CF THE DAY.
Ay OF HOPE.
:..t !ii.'lt that id now, had
H continue to U waged
on the one Hide, and j
th-- r"l"'
. . . a
r ana ine monopoly
have often feared
i .i I..
would lose, and be forever
i . .
. unless proviuenue oy
L.i ili.-jH-usation took hand
i . ..tlo.t It hna iepr
nil-'1'1 -
lin-u-ilnesH and fore-
kwliucin" --"-
I 11. 4 Vw mknAn1 ia
. wlttl WHICH uiuuvjwiico
..-.! t!i ir money to fool good
that
has at times startled ns.
several occasions been
V.,1,- oil
1, not iiecuuse we doubted
, of our cause, or were
,.f in the courage to tight for
r;i,t .vents even against
1 t.lj I. lit lte-nilbU Ulf
that the ineu who were plan
;.,! i i -. - ting the fight against
,!.- were, "to l?gin with" not
on ii try, but also were well or
,i. M.re than that, they were
:v-mx -iated together, so that
utt liei ts were brightened and
, J.-w-IojhhI by friction and
n.iitaet with each other. These
iinle they are now congregated
"Te;il ci lies, euiiuoveu uy me
.i js ;nd monopolies, were not
i . ii ,
t!n r arf a ruie; uiev are couu-
v, tliey represent the highest
f intelligence (not manhood)
country to day. Their man
ami patriotism has been sold
..Id. But we must remember,
ther things being equal, intel-
will always rule And we
eared that these men had ar
id th'it plane of intellectual
ht and reason so far as above
x f the masses, that we would
be able to checK-mate them,
game has always been to keep
M'le fooled and divided. Ihis
lple enough as a result, but
wonderful shrewdness is shown
thousands of methods they
used to accomplish this pur
. They have often succeeded
i there were some men who saw
"iT)lo ufuT u'iiru n. n ntimv i V -t 4-
the people against it. If
ntiinie to succeed, then there
oje for the jieople. The re-
11 le, that we will suffer nntil
w desperate. This was the
the French Revolution. The
of history contain the records
v such direful results. Such a
VOL. M.
: , . , . I tnrougn me columns oi an nonest
is pictured in Ceasers Col-1,. . n .
. ; live paper. The Caucasian gives
1 o prevent that picture trom
,. . 1 . ., ,
u.iug, to make it possible for ;
s . r , I
t generation to escape such a !
s r
Jie Alliance and kindred or-1
itioUS are educating, appealing ,
conscience and hearts of the
pointing out the daDgers,
!
eriug the remedy. Of coarse
Sauized effort is the hope for
iumpli of right, and the libera-
the people. But the special
hope to which we now refer
r-ut which we started out to
does not come from our own
but from the mistakes of the
rfully shrewd enemies that we
Jiting. It is this. The asso-
of the highly developed in
thut plan out the movement
monopolists, recently planned
with a view of stampeding
ntrv, so that the extra session
feis could easily carry out the
f the soldbues without an
fiom the people. When
genuine panic, everybody
ar heads, except those who
'or a purpose. Then with a
etone, and with the cold eye
agle they pounce upon their
'-d victims and fasten them
in their grasp.
the effort to get up a pauic
? failed. The country did
ppeile "worth a cent" The
lu the panic failed, and that
pldbuga, and the intellects
hey have hired to think for
re puzzled aud dumbfounded,
av hmkiner ph nthur in tVio
Id wondering why, is the
fay of hope to which we re
hey failed to take into ac
ie depth and strength of the
movemeut. They failed to
I and estimate the work and
done bJ the Alliance.
- ?"e stampeded many busi.
r.:ah in towns, but it failed to
, . o w " ' " "
! ,to the country; it did not
le tue Alliance. They hired
pers to lie about the Alliance,
itle its principles and work,
ridicule its leaders and call
ranks and fanatics. TViav
leir own lies, until they be-
theni; they are canght in
wn trap. But my fnenda.
ley have deceived themselves,
not deceive ourselves; they
lade one mistake, they may
I "
ie another. It is a poor gen-
hopes of winning depend
upon Lis enemies making mistakes
The wise general takes advantage of
every mistake his enemy makes, but
he always lays his own plans as if
the.cnemy would act wisely and
cautiously. If the goldbuga had
taken into account the work of the
Alliance, if they had been correctly
informed us to the true situation,
they might have been able to make
their panic n success in spite of us.
They might have been able to devise
some methods that would have fooled
reformers, and divide tl e.n among
themselves. They may do it in the
future, they will try. So instead of
resting on our oars, let us push or.
the fight with renewed energy, back
ed by wisdom and caution we can
demand. Ijtt us watch, work and
pray. Eternal vigilenct is the price
of lilnrty. The Ixml helps those
who help themselves.
SPEECH MAKING AND REFORM L1TERA
TURE. We have been forced for the last
week or two to decline a number of
pressing invitations to speak to large
gatherings. Our friends must not
be displeased with us, for we are
doing all that our ability will com
mand, and our strength will permit.
We have labored unceasingly both
on the etump, and through the col
umns of the pajer for the advance
ment of the reform movement, and
will cont nue to do so until the vic
tory is won. But mv friends allow
me to remind you, that the paer is
more imiortant just now than speech
making. With tweuty thousand sub
scribers I can do ten times as much
good, as if I were to speak every day
for the next two years. Remember
that every voter either reads some
paper, or is influenced by somebody
who does read. The impression or
good effect of the most powerful and
eloquent reform speech ever made is
soon dissipated and destroyed if
those who hear it, do not read or
continue to read nothing but parti
sans papers, that have for their, sole
object to blind, deceive, and mislead
the people. Besides one or more new
phase of the fight are developed ev
ery week, about which the people
should, and must be correctly in
formed. The only way to make the
reform succeed by speech making, is
for the same (or some other good
speaker) to speak to the same audi
ence every week ; especially is this
true now while congress is iu session.
But that is impossible, and too ex
pensive if it were possible. But the
same resul s can be accomplished
it 11 1 1 A
. . . ,
the true situation every week as the
i x- i
ugh t proceeds, so man cau stay on
. . , ..
the stnmn miirh of his time and
, . .,,
nrntwr v pnit. a. nsiTvr that will rarp-
rnii nrpSp.,t tUa aitnatinn pvptv wpelr.
I will go and make speeches when-
ever I jwssibly can without ueglect-
iug the paper. But if you will put
The Caucasian in one hundred
more homes in your county, you
have done more good for the cause of
truth, justice, and reform than if
you had gathered a big meeting and
had the best speakers in the State to
talk for you. So let me urge you
all, whether you- have public speak
ing or not, to lose no opportunity,
and to spare no effort to get The
Caucasian' (or some other good pa
per that will tell the truth) into the
hands of every voter in your section.
Do this and the victory is won. (tf.)
STRONG AND TIMELY WORDS.
In another column will be found a
strong and timely letter from Hon
II. R Taubeneck, chairman of the
National executive committee of the
People's party. He calls upon the
people not to be confused over the
multiplicity of details connected with
the financial question. He calls at
tention to the fact, that what money
is made of, how it is issued, and even
the volume or amount of it, import
ant as they are, are mere matter of
details compared with the great
principles underlying the whole
question. The root of the trouble,
the great question, for the people
first to settle, is who shall issue the
money and control its volume. The
first question is not the maxser of
issuing- nor the VOLUME, nor the
stuff it is made of, but who shall
manage aud control these things.
Shall it be the people, or shall it be
a few heartless bankers and specula
tors? The letter is the ablest arti
cle we have yet seen from his pen
Read it aud reread it ; stndy it and
continue to study it. Keep it and
study it until that great question is
settled.
THE REMEDY THE ALLIANCE DEMANDS
THE OXLT M KNACK.'
The Poor Old CjubmIxb Tariff not la it
Aajr More.
A financial condition which is the
oxlt menace to the country's wel
fare and prosperity. Grover Cleve
land, June 5th, 1893. tf
mm
LALKS
J 4.1
VITAL PR.NCPIE OF THE MONtY QUES
TION DISROBED
TIIKI'KOI'E Ml'HT IlKC IIIK A LI. M AT-
THIXOK I'KIX II I K AM) ()M.KS
.uxiii mioNsor ijktail.
'OLONEL I'oi.K VXD OTHEU Al THOIt-IT1E.-S
QlOTKP TO SUI'I'OKT II Id
Views.
The 1'ropU Must Own the I'owrr of Mon-
y or thr Mourjr I'ower the 1'eoplr.
Monetary reform overshadows all
other questions, and until this is
roM-rly solved all other industrial
reforms must become subordinate to
this one issue. Why? Because "mon-
of
ey is tne lite blood of commerce
and trade." "Because our demaud
for money is eoual to the demand
or every other article," and because
every time we buy or sell something
there is also a demand for a sufficient
amount of money to pay for it
Suppose you have a demand for
ten different articles and go to the
city to buy them. Don't you know
hat your demand for money, on an
average, will be ten times as great as
your demand for any single article)
or, in other words your demand for
that one article "money" will be as
great as vonr demand for the other
ten combined?
Suppose you keep an accurate ac
count of all the different articles
you buy and consume in one year.
Again, suppose at the end of the year
after balancing your books you find
that you have bought and consumed
one hundred different ai tides. Then
your demand for money on an aver
age will be one hundred times as
great during the year as your de
mand for any other article. In bus
iness transactions you will need
money one hundred times where
you will have a demand tor any
otner article but once.
How do oeople gtt money to buy
the neeeas-arv articles they don't pro
duce themselves? The farmer gets
lis by selling the products of the
soil. The artisan by selling his la
bor and skill. The lawyer and phy
sician bv practicing their profession.
The manufactures by selling his
wares, and the merchant from his
rofit he makes in buying aud selling
goods- Thus in order to jjet money
everybody is compelled to sell his la
bor or products of lator tor money
and then use the money to procure
all other articles needed. Money is
the only article we have wuh which
we can procure all others it is a
check upon society which everybody
is willling to accept, audthe price of
all products and property depends
upon the number of dollars in circu-
ation.
Suppose the corn crop in the
United States this year should be
only half as large as it was last. In
the place of being thirty bushels per
capita it would only be fifteen. V hat
would be the resultf Why, the price
of corn would go up, because the de
mand for corn this year would be as
great as last, but the supply only
half. The same is true of wheat,
cotton, plows, shoes, or any other
article produced or manufactured,
henever the supply of an article
is restricted or cut off and the de
mand remains as it was, then the
price of that article will go up; but
if the supply is increased beyond the
demand, then the price will go down.
This is the law of "supply and de
mand." Money; like everything else,
with only this difference. That when
you restrict the supply of any one
article, say corn, it will effect the
price of corn Only: but if you re
strict or contract the money volume
it will effect the price of all products
and property alike. Just as an in
crease or decrease in the supply of
any article will produce an increase
or decrease in its price, so an in
crease or decrease in the volume of
money will also produce an increase
or decrease in the price of all other
articles; or, in other words, the sup
ply and demand of money to determ
ine the price for which property shall
be sold is as great as the supply and
demand of all other articles combin
ed. A corner on money has the
same effect on the price of all com
modities as a corner on what has
on its price alone.
The great question is, what is the
power of money, where does it rests.
and who owns itf The entire power
of money, great as it is, rests in the
hands and is owned by those who
have the right and authority to issue
it. If we confer this prerogative
on one person he will own the power
of money and can use it to his ad
vantage; if delegated to a class or
bankers as we have in this country
they will own the precious metals
they will eietcise it, and if lodged
in Confirres8 ttthen tne people win
own it. It is a self-evident fact that
those wilo issue the money also own
its power. The two are inseparable
the ritrht to issue it also carries with
it the power to control its volume
and fix the price for which all prop
erty shall be sold.
James A. Garfield, speaking to
this point, said: "The power that
controls the issue and volume of cur
rency is absolute dictator of the bus
iness and finances of the country."
Just as the air we breathe is nec
essary to sustain life, so money is
tne one essential thing needed to
srmnort commerce and trade, and
that class or trust which has the au
thority to issue it exercises the
greatest power for weal or woe which
exists among civilized nations. This
power, which can impair the val
ue of all contracts and obligations
which can fix the price of every
bushel of wheat or pound of eotton
and dictate-the terms for which la
bor is compelled to toil, is too great
to be trusted in the hands of any one
class. It is high treason against the
people for any government to
delegate. this stupendous
GOLDSBOHO, N. C, THURSDAY, SEPTEMKEK
power to few banker, who can con
tract and expand the volume of mon
ey at pleasure and make aud break
prices to mit their htm.
Speaking of our national banking
syntem on thi point, the New York
lrioune said: "J. he ma-binerv m
now furnished bv which in any e
ruergenc y the financial corporations
of the Kast en overcome or rt.it
tbeir decision."
Speakintr of the old United States
bank, John Randolph wtid: "Char
ter a bank with $:W.(HtU,0O0 of caoi-
I-et it ehtablish and learn its
power and then find, if you can,
means to bell the cat. It w'ill be be
yond yuMTower. It will overawe
congress and lautfh at your Saws."
Thomas Jefferson said: "I be
lieve that bankini? institutions are
more danirerous to our liiberties
than standing armies The is
suing power should be taken from
the banks and restored to the gov
ernment and the people to whom it
properly belongs. Let banks ex
ists, but let them bank upon coin or
TBEASt'KY NOTES "
John C. Calhoun said: "Place the
money in the hands of a single indi
vidual or combination and thev, by-
expanding or contracting tne cur
rency, MAY RAISE OK SIX K PRICES AT
PI.Kasi're, and by purchasing at the
greatest depression and selling at
the greatest depression and sellini;
at the greatest elevation, may com
mand the whole property and indus
try of the community and control its
nsicai operations. .Never was the
engine better calculated to place the
destiny of the many in the hands of
a few."
Thomas II. Benton, in speaking
of the power of money and banks of
lfsue, said: "I he people are not
safe when such a company has such
powei. The temptation is too
great, the opportunity too easy. To
ITT UP AND PUT DOWN' PRICES, to
make and break fortunes, jo bring
the whole community on its knees to
these Xeptunes who preside over the
niii and renux of paper money. All
property is at their merev (f). The
price of real estate, of every grcw-
mg crop, of every staple article, is
at their command. Stocks are their
playthings, with which they gamble
with as little secrecy and less moral
ity than common gamblers."
Andrew Jackson, in speakiner of
the right to issue monej-, said: "If
congress has the right under the
constitution to issue paper money.
it was given them to be used by
themselves, not to be delegated to
individuals or corporations."
Salmon i Chase, who as Secre
tary of the Treasury under Lincoln's
administration, recommended our
national banking system, lived long
enough to see the mistake he made:
.vliich he expressed in the following
pathetic and prophetic words. "My
agency in procuring the passage of
the national bank act was the great
est financial mistake of my life. It
has built up a monopoly that effects
every interest in the country. It
should be repealed. But before
this can be caccomplished the
people will be arrayed on one side
and the banks on the other, in a con
test such as we have never seen in
this country."
All our great statesmen, financiers
and writers on political economy
agree that the power of money or the
money power ' will own the people.
If we recognize this great fact as we
must which then is the cardinal prin
ciple of the money plank in the Oma
ha platform? Is it the material out
of which money shall be made? No.
Is it the amount or volume which is
to be used! No. Is it the sub-treas
ury or any other better plan by
which the money is to be put in cir
culation? No. These are simply
matters of detail. The great princi
ple underlying them is who shall is-
sae the.money and control its volume,
and shall this be done by bankers,
and for the bankers, or by the people
and for the people who use itf Un
til this question is established the
others are of little importance. The
latter is the principle upon which
the people must speak at the ballot
box, while the former are details
which properly belong to Congress
The people must decide the one and
the government the others. The
ways and meons by which money
can be properly put into circulation,
the volume to be issued, ,and the ma
terial out of which it is to be made
are all mere or less debatable ques
tions. But no person can occupy
neutral ground ujoa the question
who shall issue the money and con
trol is volume. Every voter is com
pelled to either stand with the peo
ple and for the people, or with pluto
cracy and for a national banking
oligarchy as we have to-day. Pop
ulists can honestly differ upon mat
ters of detail, but they cannot sur
render the vital principle without
trailing our banner in the dust. The
logic of events has forced the money
question to the front beeause all
other reforms depend more or less
upon its proper solution. In view
of this fact it is the duty of our press
and speakers to disrobe this ques
tion of all details and let the
naked principle boldly stand out in
the full light of the sun. Let the
battle cry be: That just as the right
to govern must be derived from the
consent of those who are to be gov
erned, so the authority to issue mon
pv ia as exclusive prerogative of the
government and must be exercised
by the people and for the people
who are to use it.
Col. L. L. Polk, in a letter written
before his death, expressed himself
on tkis question in these words:
"This country was swept as by a cy
clone in 1S60 with one single ques
tion: "Are you in favor of or op
posed to the "extension of slavery ' "
"This was a direct pointed ques
tion embracing the only great issue
and appealed directly to the moral
sense of the people for a decision.
It required no education, no argu
ment, to reach that eclslou- i0")
as then, the people have one great,
grand central idea before them
the oppression of the money power;
and the question, "Are you opposed
to or in favor of the extension of the
money power? would be a rallying
cry that would enlist every voter of
the land on one side or the othei."
Do von want the people to own
the power of money or the people?
is the principle question upon which
we can force a division or tne peopie
at the ballott box
H. E. Taubexece
A TRAGEDY FLU ED
ON GOICE STR SGS T
OF THE L Fc 3LC0D OF
T EFCE
The Blackest And Most Ijawnahle
TH X II A I VtU TAIKI
HISTOKl.
A .NATIONS
Will The Pmral Ailminl.t rat ion highl
The tirrat Wrung?
Heap, ItiCREAit Asi Ueai A;ain.
i Licjto Sentinel
Clay Center, Kansas, Jan. 1,
lyjj. Emtok Sentinel: I am a
young mau 22 years old. I voted for
the first time in my life last Novem
ber. I want to know something
about our bondtd debt. I know
there is one; and that it was the ie
sult of th e war. Hut will vou tell
me something about its history?
James Paynk.
answer.
Here is a young mun old enough
to vote, and yet born after our bon
ded debt was created, who is just be
ginning to take an interest in Uie
affairs of the government.
And here is a man who was in the
army th ree years before he whs old
enough to vote, who will try to tell
his young Kansas friend something
about our "bonded debt."
It is an old story wih us; but we
realize that half the men who are
doing the voting today know little
or nothing about the real origin of
our government debt. Here is our
answer:
In the spring of 1SG1 the bugle
blast of war broke the silence of a
long peace iu our heaven-blessed
land. Eleven of the states had sece
ded and declared war against the
Union.
The life of the nation was at stake.
The Union must be preserved.
The old flag must be maintained.
The Constitution must be upheld.
And (Jod willing three million
slaves must be freed.
Two things the government needed
Men and Money,
Able bodied, brave hearted, fear
less men, to carry the musket. Patri
otic, generous-souled men to open
their purses and furnish the sinews
of war.
These were the two essentinl things
men and money.
A call to arms was issued. And
what an uprising!
From hillside and plain; from farm
and workshop; from city and hamlet,
men ralidd to the call of the govern
ment. The pages of history can be
searched iu vain for such a sponta
neous outburst of patriotism; foi
such a magnificent uprising of the
people.
Wives gave up their husbands;
Mothers gave up their sons;
Children gave up their fathers;
bisters gave up their brotheis
To the music of the shrill fife and
drum these undisciplined boys in
blue marched away to the field of
battle.
Regiment after legiment, brigade
after brigade; division after division;
corps after corps, was organized.
Before snow fell a million brave
hearted, unselfish men took their
lives in their hands and said:
Here we are ready to do service
for our country.
Here we are ready to endure the
haidshios and privations of camp
life.
Here we are ready to lay down our
lives if need be for Libert', Union
and the Constitution.
Was there ever a grander sight?
Recall those old times you who
are old enough to still remember
them.
'And then for four vears the battle
raged.
Bull Run; Fort Donelson, the
Peninsular Campaign; Antietani
Fredericksburg; Chancellors ville;
Gettysburg; Vieksburg; The Wilder
ness; bpottsyl vania; Coal Harbor;
Petersburg; Tne March through
Georgia!
And finally Appomattox!
"What a grand history!
What a tribute to the valor, the
couaage, the patriotism of the Able-
bodied Men!
Behold the national cemeteries
filled with heroic dead!
1 hink of the unmarked graves on
a thousand battle fields!
See the dangling sleeves and the
wooden legs!
Listen to the sighs of widows and
orphans.
What a sacrifice to lay unstinting
ly upon the altar of the Republic!
Turn the wheel!
Let the panorama of historic events
change the scene!
Men and Money, said we.
Money as well as Men, the govern
ment needed!
How about the Money?
The Boys in Blue left home in the
spring of 1SG1. They waited for
months in camp for want of equip
ments. They waited for uniforms
They bad no money to send home to
the loved ones. Landlords had to
have rent; grocery bills had to be
paid; the little ones needed shoes
and clothing money was needed for
pay-day!
How did the Monev Men rally?
The first $150,000,000 cost the
government 15 per cent discount!
Patriotism of the Purse gone to seed
in the very spring time of the con
test!
Then comes a request from Finance
Minister Chase to the Bankers to
meet him at Washington, to discuss
the Necessity for Money.
Two propositions these Patriots of
the Pawnshops offer t the govern
ment in its distress in December,
1SG1;
First: "We will buy bonds at the
highest market price for we can fix
the market price.
Seeond: Sell bonds to the highest
bidders we will be the highest bid
ders!
Neither of these propositions could
be accepted.
7, 1893.
I'fk tj their den rt;t the ra
m.'Ofj-
itarnt to
it of ft
j ui.tsirrr - lea icg tb sroerna
j f-d. l..t he and I av it aria
Qiiiii.-n men a tt t eahl.
L-t it cot br forgfttm that n the
v-ry day that tta eonfereuep between
the Banker aud th was held at
Washington not les than ft hundred
thousand i onfrdrrste hUer wer
eneanijel ni near the national capi
tal that the sound of thrir catioon
could W heard in the hall of Con
gress. From the vrry spt where the con
ference t held the rebel fiag eould
b t.een floating iu the l r-ee on the
Virginia hills.
In that dire emergency, when the
life of the nation w trembling in
the balance. the- Men of Mobey
tnrned njw.n their hels. snapped
th ir fingers in the face of the gov
ernment and left it to its fate.
We can no Wtter exprrn.s our de
testation of them than to y that a
betweeu them and the nun who wore
the relwd gray; lot w een them and
the men who stood in-neat h the rebel
ling, we have infinitely more respect
for the latter thau the former! The
latter met us like brave men; tin
former deserted us like sneaks and
cowards.
Then the Greenback child was
born! The Mouey of the Nation
"fiat money" they sneeringly call it
now came to the relief .f the gov
ern tin nt.
It was issued and paid to the old
soh'i -rs.
Farmers accepted greenback mon-'
ey for the products of their labor.
The people took it w ithout hesita-
tion. It was honored by every
patriot in the land,
At the same time the government
began to issue bonds. j
By skillful manipulation the Mon
ey Mongers persuaded Congress
(that branch known as the Houe of
Lords) to make the interest on the
bonds payable in coin and to make
import duties payable iu coin.
In this manner they forced a pre
mium upon coin which they con
trolled. When the premium was forced to
a point w here it was profitable to sell
their hoarded coin and invest u gov
ernuu nt bonds they did so.
(Read th report of Secretaries
Chase aud Fessenden upon the sub
ject.) By thus forcing coin to a premium
they purchased two thousand million
dollars in bonds with less than four
teen hundred million dollars!
More than six hundred million dol
lars, did they compel the govern
ment to stand in the shape of a dis
count! This is 75 per cent as much as has
been paid in pensions since the close
of the war iu spite of all the howl
about pensions!
This is almost as much as Germany
xtorted from France at the point of
the bayonet in 1871.
This is more than was paid to the
ank and file of the whole army dur-
ng the entire four years of our war!
You say it was robbery. But
withhold your anathemas for the
worst is not yet told.
these bonds were original! v pay
able in greenbacks. After the war
was over the holders thereof the
same men who had thus wickedlv
trafficked in the hopes and fears of
the nation procured the passage
of a lw making the bonds payable
in coin instead of greenback 4.
Then they got them refunded into
ong time bonds exempt from tax
ation!
Then they caused silver to be de
monetized, leaving gold the only coin
money. Thus the-bonds were to be
aid exclusively in gold.
Then came the resumption act
to retire te greenbacks, contract the
currency and establish a gold baiis.
Perpetual Debt and the Gold Basis!
Such was the purpose of the Bond
Robbers!
After thirty years what do we see?
Let us count the cost.
About $3,000,000,000 of gold inter
est paid on a debt that cost the
holder about CO cents on the dollar
Nearly .f2,000,000,000 of gold prin
cipal paid.
In ill, nearly $5,000,000,000 in
go'd paid.
And vet there is about f 5O0, 00,-
000 ot the debt left.
.niii ei tue amouni 01 oeoi nas
1 . . 1 e 31 1
been reduced from 2, 000,000, 000 iu
1800 to $500,000,000, that which re
mains if measured in the product
of labor is nearly twice as great as
it was originally.
After paying $5,000,000,000 princi
pai ana interest, in thirty years our
debt has really been increased!
Here are the salient points in this
bond history a history which ought
to make every American blush with
shame.
Today with brazen effrontery these
infamous bond robbers step to the
front and pose as patriotic benefac
tors of the nation
The old soldier is pushed to the
rear.
ine cut-tnroat oona -purchaser is
crowded to the front.
The man who laid his life upon the
altar of his country is forgotten.
The man who speculated off the
necessities of the Republic is ap
plauded and rewarded.
hat should be "doue with these
bonds?
fl 11 1 m
aouiu tne puonc listen lor a mo
ment to the impudent demand of
these heartless Shylocks that their
bonds be paid exclusively in gold?
Does Justice and Lquity demand
even another dollar of payment?
Should not the whole debt be at
once wiped out of existence and
the people be declared free from th!
cause of an untaxed national debt?
In 1SG3 tu is great nation had the
courage to wipe out of existence he
"divine right by which three million
black slaves were held in bondage
If it could wipe out a slave-holder"
claim, can it not wipe out a bond
holder's claim?
Is white labor leas sacred than
black labor?
Is it any worse to take the products
of a man s labor nnder the lash of
whip than it is to extort it through
the process of taxation?
Black slavery was Robbery of
Labor, t
Bond slavery is also Robbery of
Labor.
Let us have another Proclamation
of Emancipation.
Let it be a Proclamation Emanei-
pSiun frx.ia th tbr-.;4..ra .f drbt. sTIlT tflflT lHY V
Icotrad of a Itmdsl IVfM M Mlf f HI lllIrN f
h.ft Mom-forerrry M-n.Wom.a? lllU U 1 ,l'U? 1
' and Child. irr.i lb thrrh..3d off
j which no !.andk rd, no Wor kntrr.
i no T galhrrrr. no Creditor ran t
' Li ftni!
A .Hl t.. TION.
-Jl .TIO M.
Ill
Mark lag t,flalM4.
lp ulanps, oa:i County. .N.C.,
Aug. 25th lvi.l -Kmtoh Cav. a
sia: Wheu lwa at GrrrnWrt
ftttenhng ft meeting of the Stat
Alliance, I poke to the brrthrro
ftlut the gret tn-netita to he drmd
by every ab-Alliance in th State
getting up a question li- 1 gme
them my hott eiperietire iuour ub
Aliiauce at Ru-htand. W had
reached the point where it wan im
possible to (jet our ruemir to at
tend, the tirst evening wr tried tb
;uetion !. We n aliied it wa
a god thing, 1 heard several of our
members say it was the U't meeting
they had eer attended, the next
meeting we had a full attendance
and have had ever since, and the
brethren claim it i-tlieino-t interest
ing line of information we have eer
reached. Now many of the brethren
seem not to understand how thin
question box was conducted, o I
promised to write to The Cai casian
explaining it as U-st I could; alw it
would be the means of it reaching
every sub-Alliance in the State if the
reform papers would copy it.
1st. Let every member write a
question on a slip of pat?r aud place
it in a small box sitting on the Presi
dents table r desk, put in any ques
tion your may want discussed, if
you have read anything during the
week rm think will be lnenial to
the nu mb. i, lrt that be your ques
tion to put in, and be prepared to ex
plain it, or if any body ask you a
question you cannot answer, put
that iu as your question, perhaps
some of your members will be aide
to answer it for you. if not bv writ
ing to the Editor National Watch
man if it be a financial queMtott he
can look it up for you as he is at
Washington D. C. Better take his
paper as he gives lots of information
along this line, (price 50cts a year.)
After getting through with the other
business instead of lectuving, have
your best man to take charge of the
question box, let him sele jt one ques
tion out of box and ank the me tubers
questions. For instance supjKse
you had this question. Was the
demonetization of silver beneficial
to the U. S. Your Lecturer we will
all him. will commence bv asking
Mr. A. when silver was detnonitized.
if Mi. A. answers, alright, if not
ass it to Mr. B. and so on, and if
ie receives a satisfactory answer.
ask another question if not answer
t himself. 10a are not expected
to make speeches, but simply to an
swer the question so every body in
the house can understand it; again,
was it a benefit? Why not? What
other country was interested in the
downfall of silver, and why so? Go
on with such ouestion untill vou
fully discuss the question so every
member iu your Alliance can under
stand it. When you have finished a
juestion take up another if you have
time. Keep all questions not dis
cussed for next meeting, aud then
your Lecturer might briefly run over
the questions discussed last meeting,
thereby making it fresh in the minds
of those who did not thoroughly un
derstand it. Now we do not claim
anything new for the question box,
for History tells us that long before
the birth of our Saviour, Socrates,
the wisest, most virtuous, and the
most celebrated philosopher of
Antiquity, used this method to re
form the morals and improve the in
tellectual condition of Athens, he
claimed by this system of questions
to have convinced the young men of
Athens of their folly and inspired
them with virtues, his manner of
teaching being so impressive, -"so
much so, that some of the more
wicked tried to weaken his influence
for good, by their low wicked schema.
As you will find to-day in our midst
some who are ever ready to hurl
their poisonous darts at our grand
Organization, and when it bleed,
they send up their gleeful shouts,
reminding one of the wieked shouts
our early ehiistians were comjelled
to listen to. the day our Saviour
died. But let us as an Organization
be like him, who said. "Father
forgive them, for they know not
what they do." Yes let us push on
ward my brother and cultivate
spirit of christian manhood, and let
our aim in life be
"Help one another boys and give it
with good will
And never push a man because he is
going down the hill "
E. L. Frank, jr.
A NATIONAL CURRENCY THE BEST.
In a speech in the Senate in 1837,
John C. Calhoun said:
It appears to nie, after bestowing
the beet reflection I can give no sub
ject, that no convertible japer that
is, paper whose credit rests on a
promise to pay is suitable for cur
rency. Bank paper is cheap to those
who niake it, but dear, very dear, to
those who use it. On the other
hand, a national currriic?, while it
would greatly facilitate its financial
operation, would cost nothing or next
to nothing, and would, of coarse.
add much to the cost of production,
which would give to everv brauch of
our industries great advantages both
at home and abroad. And I now
undertake to affirm without the least
fear I can be answered, that a paper
issued by the government, with a
simple promise to receive it for all
dues would form a perfect paper cir
culation which could not be abused
by the government ; that it would
be as uniform in value as the metals
themselves; and I shall be able to
p.-ove that it is within the constitj
tion and .owers of congress to ase
such a paper according to the most
rigid rule of construing the constitu
tion." (tf.)
V hen yon don't get yoar paper
send us a jswul card at once. Don't
wait two or three weeks. We will
send you the missing copy and also
investigate the trouble. (tf.)
NO. 4G.
ORTI
1
(m lis t
MM.
I
U II
I T Till, riort E UK PtUtttt,
Uilh fain in Uth of uooct and
foxd, the r!t utioit of indatttiew
and destruction of rrdtt and ri
tidener, amid th tc:njtof all tbla
oonie. the iu(;!e ftdiuotiitivHi frm
the throtte of jstiita al pua r
l! t-al the Sherman m t!
LVjTtr thr tiMM-ratdr u.akrtltf t,
w ije out the lrgiUhte fraud, d
ttruy the unW ure wf an iucrruuo
of our i-.irrmo; .tdn iuitrr one
nun Idow to m-r ixinage, iu rtwe
the purchasing jocr of gdd, mkr
money t arc r and harder t jjrf.
Pull tiie millionaire and tlx land
holder out of the dilt nun brought
ujsui t hctn by their uwn folh, and
ill thtinder tone say to the luulti
tudea of idle and hungry bread win
ner throushotit the "length and
breadth of th- land, "11 the jwvplo
lie damned."
The clime h.n Us-n cti.jimit ted,
and Groer CK-u Und i it j.nir.
The i:p. I It iii.m rat hu wbsltu
unconditionally n j-.al the Shcniwii
law hate txtrated the Moplc ml the
Uhejit of the money power.
Cowaids! traitor!
Making the prt.jH-r addition and
deductions, therefore, it aptrm on
the faiv of the vote cimt to-dar tbt
l!i ineinlwr faor either
. . -j
fr
or
are
limited silver coinage, while
Itf 7
opHjtkU to it.
This ehowt the utter im jwawibili
tvofanv independent or supplemen
tal silver legieUti ni by ihia (Vtugrewa.
The vote in the Senate will empha
size this assertion.
The n-medv is in the hand of the
leople. It is for them to aay how
they shall le represented in the next
congress. It is wr of extermina
tion, and the eopIe should tw fully
aroused to the jcril ahead. It i a
wanton waste of time and breath to
talk further aliout democratic iurty
platform declaration. It ia non
sense and rot. It ii worse than rub
bish. dust think of it, the Government
of the Tinted .States m nr that it
has not got silver dollars enough t
exchange for gold coin at anv mil
treasury iu the United State, and
yet this dollar is "dcbad and tie
graded," and called a "54-0lit dol
lar." New York banker doing
everything to beat it down and de
base it for the last twenty year,
and yet they have been Javing a
premium of from 3 to 7 per cent,
for these despised and debased sil
ver dollars to keep them from going
to protest week after wtek.
HOW TUB I KOI I.K WfcrtK lihCi.IV F.fi.
Dow n South and out West we aaid
the Chicago platform meant bime
tallism. We said it meant bimetal
lism upon an equitable ratio. W.
said that Cleveland etood on that
platform, and we baid that if the
Democratic iarty got into jower in
the executive and legislative branch
es of the Government, the Demo
cratic larty would enforce that plat
form to the letter.
I remember tanding over in Ala
bama one day in Col. Denson' dis
trict and here he sit right behind
nie. It was upon Sand Mountain,
a peculiar sjot in Alabama. The
jtcople are good eople, plain ople,
and he says all from Georgia. They
are honest jople, and you could ee
it iu their faces; but nine-tenth of
them belonged to the Popu list party,
to the Third party, and when I arose
and 6teped outcn the platform total k
to them, you could see it in their facet.
I stood there that day in hi diatrict
with several thousand of tbcae peo
ple iu front of me, and I took that
Chicago platform aud explained it,
and then read Mr. Cleveland' letter
of acceptance aud explained it; and
although CoL Denaou told me the
morning I entered his district that
he probably would be beaten by any
where from two to four thousand
votes, and although he or anvbodr
else would have gambled anon it.
what was the result?
When we got through with the
district, pledging the Deuutrati'
arty in favor of the Chicago plat
form, that district came up and the
Third party vote vanished, and came
into the old Democratic party.
The above is from a speech made
in congress the other day by Living
ston, the great Georgia h'ather
ekite. The story is applicable to
other places besides Sand Mountain.
Wonder what Livingston will tell
the Snd Mountain people next,
time? The day of reckoning is not'
far ahead fot s tch deaagogues and
traitors as Livingston.
HOW THE OIOAKTIC CRIME WAS COS-
The vote an the amendment pro
viding for free coinage at the ex
isting ratio of 16 to 1, was 124 yeas
tO Ziij US;.
The affirmative votes were cast by
thirteen Republican and 111 Dem
ocrats and l'opttliste, and the nega
tive votes oy 110 liepubl'icans and
1 1G Democrats. The Republican
majority against free coinage was 97
and the Democratic majority was
Jonly six. It was noted that nine of
the seventeen members of the com
mittee on coinage votad for free coin
age. They were Bland, Kilgore,
Epes, W. J. Stone, Allen, Bank head,
and Coleen; McKeighan, Populist,
and Sweet Ilepnblican. The eight
members of the committee who Tot
ed in the negative were Messrs. C
W. Stone, M X. Johnson, Dingier,
Uager, and Aid rich, Republicans,
Continued on seeond page.