Monroe's Legal Tender Issue, Volume 1, Number 3, Columbus, Bartholomew County, 13 September 1876 — Page 2

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COLUSIBUS, ISO., YEDN ESDAY, SEPT 13, ISTGh

Gen, Carj-'s speech on the 27tb will be delivered in the court Louse. . .-.. Heavy A. Wise died in Richmond, Vir

ginia, Sept 12th.

The Independents of Ohio nominated an electoral ticket, but put no Etate ticket iv the field.

The 1 ncb-pendents of New York, Connecticut, Ohio and Arkansas lield state conventions Sept. 12. The good work goes steadily ou. - - - Since the money power demonetized and made silver worthless 3rou now and then get sight of a dime or a quarter in that disgraced metal. Almost every ,'l;iy' papers are cutting loose from the decaying old parties and joining the Independents, and new ones are springing into lifa with an activity that astounds the money ghouls. A ILondon dispatch -says our new "funded loan" is worth 4 per cent, premium over gold. And yet there are people who want to ra ain tain the pub-lie-credit.

The metal in the 5 cent nicked is worth I of a cent. The nickel passes forv5 .cent;. What makes it ? Is it not the Government stamp? Away with the dead philosophy of "intrinsic value." Away with it. Hays and Til den aro both for a speedy return to specie resumption, which means a further depression in all branches of industry and commerce, and tightening the screws on the laboring and debtor class of citizens.

Independents, you can't keep house without a good newspaper, and you might just &s well lay hold of the Legal Tender Issue and make it a big success. We shall slosh round and keep the bend holders in hot water if you give us a small chance.

Maine voted last Monday. The Tiepublicans are wagging their heads at the Democrats whose under jaws are unhinged. The state goes Republican by 14,000, an unexpected Republican gain of about 11,000. Tilden and reform isn't panning out worth a cent When we get the laboring and pro

ducing man's heel upon the neck of the bond holder then we will set active workers to digging out silver and set

the mills to work grinding out ' coin." Then we will begin to call for "them''

bonds and to pay them off ia "real

money." They must have "actual

money for "them there" bonds. Labor

wall produce it. Labor will coin it

Labor will pay to the last ounce in nice silver coin according to Contract. Don't

fret.

It isfbecoming more and moro apparent every day that Tilden will run worse than Greeley. All hope or fear that he will carry New York is quite

gone, lhere is nobody liable to carry

that state but Hayes or Peter Cooper. They can't heal the dissensions there. They are irreparable. If Tilden smashed the ;canal ring and Tammany the canal ring and Tammany will eoiash Tilden.

A He Te rrier's nop.

Just previous to the Independent Greenback congressional convention at Seymour, J. V. Kelso, who is now doing

heavy work for Tilden and reform, was

a furious Independent. He wanted the

nomination of the Independents for congress, but he didn't get it, because

that sterling Independent, Jesse Rucker knew him to be a traitor to the cause and sodftnouced him in the convention.

About the 3d of July, B. F. Jones of

Coltlmbus, addressed Mr. Kelso a letter,

of which the following i3 the purport: Columbus, July , 1S76.

"The St. Louis convection has completed its

work and the result is before us. Are you ready to hurrah for Tilden and Hendricks ?

For my part I am heartily disgusted with

the platiorm an t presidential nomination.

What will Gen. Cravens do? I shall

be pleased to hear from you. D .r. JONES. Kew Albaky, Ind., Julv 13, 1878. Hon. 3. F. Jokes: Dear Sir: Yours of recent date at hand. I .can't, or rather I won't hurrah for TUden .and Hendricks. I can and will hurrah for Cooper and Booth. Well, they have beat Davis, and the G reenback Democrats down this way are ready for revolt. We will .bring Hp a largo delegation from this end of the district to the Seymour convention. . IV o are organising and

will make a Yia-oro-us fiffht. I have taken off

my coat fend rolled up my sleeves, and now propose to wada in on my muscle. I am on the war path and ready to use the -scalping knifa on any hard money Democrat or Had. I think if you could see or writs to Dr. Shields and Dr. Green, of Jackson,- they will aid us at Seymour: I understand they aro ready to co-opcrato with us. A little work in .Jackson will accomplish inach. Our posters ought to be well posted in Jackson. Davis ia niad. and although nominated for judge

will secretly assist in debating tae nerds. Cravens is eating diit. He cpoke at tbe convention and endorsed Tilden end Ilea Iri-kd. I felt sorry for him. What an ass e Las made cf himself. The situation is satisfactory in thl fn'rty And gets better daily. In ray jadgmtU t Independents will carry this county, t, r county convention meets oa the 22:1. Will put a strong ticket in the field. Can't gome of you Grccr.backera eotnc J- , on the 221? Yoa ought to get here be." .e 12 m. We hare invited Gov. . Wol-jott to be present and ndJre.-s our coii ruction. Very ievcctfal!y yo-tr fried, r x' t ,-i

slave and tool however, and slave and tool

.u'.r IauociKlv r.i "L.Le a Not;? lUlit here. Columbus Democrat. "Whenever the Independents come ncros a sentence in Monroe's Legal Tender Issue condemnatory of the Grint admiiiiss tration or of Hayes they should make a uote cf it. The indications are that its editor and the great body of the Independents who .vere formerly Republicans will support and vote for I i ayes and the Rfpub ieao state ticket. Democratic Independents should t .ke a survey of the road over which the Legal Tender seeks to lend them We condemn the Grant administra

tion for its financial policy and always have condemned it. The enormous thefts, the powerful ring combinations formed under the Grant regime to

oppress ana tod labor nave ueen umy

condemned. Gen. Grant's imbecility

and blunders as exhibited in his appointments of cabinet and other

officers, has never been exceeded by

nny president, and his subserviency to the money power, to Wall street and the national bank lords, has been such as to excite the disgust of every friend of the people.

As to Gov. Hayes, wo oppose him on

principles, merely. We believe him to be an honest man, and a man of

fair ability. -He is the

of the money power,

will continue to be its

If elected. His policy would hurry on the ruin and bankruptcy of the conntry, and every many who -depends on brain or bodily exertion for bread should refuse his support to Mr. Hayes. He is the enemy of the poor, lie Is the enemy of labor. lie is the friend of the money shark, the national bank president and the foreign bondholder. As to Tilden, we condemn him for the same reasons, and for the farther reason that he comes under the head of "shams and frauds,"" which it has been our chief business for many years to expose and rip up as badly as possible. Tilden is a fraud in every aspect that he presents. There isn't a Democrat that reads in the land that doesn't know Tilden to be a dishonest ring worker, unfit to be trusted with any business where plunder can be grabbed. He would bring bankruptcy

just as Hayes would. He would crush

the creditor class, just as Hayes tells us to our teeth that he will. Either

would bring worse ruin than wre now have. Either will bring famine and civil war in the midst of plenty. Neither has any sympathy for the poor, for the toiling masses. If you want that you must go to that man with the great heart and the glorious record the world renowned Peter Cooper, and to that gallant defender of the people's rights, Samuel F. Carey.

""f-r-rTTmTiriiiii nwiii ' imwuiniiiiiwi 11111m i i

A POPULAR LOAU.

Indications that tbe $500,000X00 of

Sew Bonds will Speedily be Placed. Washington Sept. 1. Every day's mail brings to the Comptroller ot the Currency letters from presidents of national banks asking for exact information as to the substitution of four and one-half per cent, bonds for six per cent, bonds deposited for security for the circulation of national banks. There is every indication that the ninety-seven millions of currency sixes issued to the Pacific Railroad, and on deposit for national bank circulation, will be replaced with the four and one-half per cent. There are unusual inducements for such action on the part of the banks. There is also strong indications that new banks will be organized, as the four and one-half per cent, bonds can bo purchased for a small premium above par value in gold. On the whole, the reports at the Treasury Department are indicative of a speedy placing of the three hundred millions of four and one-half per cent, bonds. Issuing bonds and borrowing money is such, profitable business that the government doesn'tseem to direct its attention to. anything else. Enforced idleness and starvation are broad spread throughout the land and the winter is approaching; but the government is profoundly oblivious to everything that relates to the worker and the tax-payer. Piling up debt and placing interest bearing bonds into foreign markets, where they will do the most hurt, constitute the "policy" of the money power that has bound the nation hand and foot and that leads industry in chains to its doom. -

liic i-irijoratij lie r uV.kT.:? Party. It is now dear that Tilden can't carry New York. The Enquirer was liht long ago when it said Tilden couldn't. The dissections in that state are becoming more and more Intensified every day. The positive refusal of Mr. Seymour to run for oovernor for the benefit of reformer Tilden ends the husiness with Tilden. A new convention was called and the

Republicans are invoked to come to the rescue. The reform Democracy have added "Republican" to their party title. Read thi call, which we find in the New York Sun a Tilden organ of the most unscrupulous character "ALBAxr, Sept. 4, The Democratic Republican State Convention which met in Saratoga on Wednesday, Aug. 30, is hereby requested to reconvene on Wednesday, Sept. 13, at 12 o'clock noon, for the purpose of nominating acandidato for Governor, in place of Horatio Seymour, declined. I). Magose," Chairman State Committee. E. K. Apgar. Secretary." 'Democratic Republican" is good. In the same paper, Sept. 5th, we find the following appeal for the slaughter of the Democratic chairman, the secretary, and the electoral ticket, and the substitution of names from the other faction : "To the Editor of The Sun Sir : You ask, what is to be done? Permit me to add to your suggestions. The complete reconstruction of the electoral ticket is indispensable. John Kelly, as a delegate at large, should bo taken therefrom, and Oswald Ottendorfer, or some other good person in equal good standing, put in his place. ' The ticket proper, so far as the city is concerned, should be changed by striking out all the names thereon and inserting such as the following, viz : Augustus Celmont, Manton Marble, Franz Sigel, Charles O'Conor, and Augustus Sehell ; and so far os the State is concerned, all such men as Apgar, Faulkner, Fairchilds, and Magone should be stricken off, and men like Sanford E. Church, Amasa J. Parker, Judge Comstock and Clarkson N. Potter inserted. I assure you there are a creat many voters, not strictly Democrats, who desire the election of Gov. Tilden', who will never vote for John Kelly or vote the electoral ticket as now formed. Give us a good electoral ticket and we

will carry the State for Tiiden. A Feiexd.

All this shows the impossibility of

Tiklen carrying the state of New York, and consequently his election is an impossibility. The election is between Hayes and Cooper. The New York reformer is out of the ring.j. --- Hays or Tilden which ? Uoth tdand on the s'ime, platform, financially. Either will suit (he bankers and -bondholders. Both are hostile to the interest of the industrial classes. It makes but little difference to capitalists whether Tilden or 11 ays is elected. ' Rut the man that promises relief to the working men is Peter Cooper. Then let us rally to his standard, and beat duwn the money power, put honest men in office, establish the American system of finance, and place the government once more on the high road to prosperity and greatness. The little and big ring masters of both the old parties are wielding the party lash with great vigor and it requires a high order of. courage to resist it. But Independents mustetand firm. Remember there is a great principle involved in this struggle. Only think of four years more of squeezing, such as has been -endured in the four years just past. Half the people of this country will be bankrupt Half the fine firms in tha state will be sold out under foreclosure of mortgages, and present own

ers become tenants, if tbe policy of

either Hays or Tilden is pursued. Our advice is to cut loose from the corrupt old organizations, and take high Independent ground. Elect Peter Cooper and all will be well.

Independents, you are poor. You represent the poor working and suffering people. The burthens of life, of government, of taxation bear heavily upon your constituency. You have no money to decorate wagon trains ; cone to expend in the flummery of .a campaign that appeals only to blind passion and hated prejudice. You must come to Columbus on the 27th in humble garb, but girt about with the glittering armor of everlasting truth to hear Gen. -Gary your noble leader and the world renowned champion of labor and currency reform. To elevate labor is your mission. To faed and clothe the poor and provide for tbe poor and oppressed are the noble sins .cf your grand organization... Your leaders are worthy of you. You are ".ojt; y cf yo jr L- tiers and the humane and Ju'ijJ can e is worthy of both. Don't ba is , " r" ed. Ciand ia your . colors. J i ' " . t! ? t r;:rll cf fsassien'and bats and ' f c 3 j . i iloae are calm. To you

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..ill f- t r1 Lrm. Steady, ti

en, and a

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ui&t raeans some!

liota awaits you ia the

it futare. It is within your grasp. Ce idv. rw.

"I'm habbin a heap o'trouble wid sleeplessness dese nights,'' remarked an old darkey at the suburban end of State street, Boston, the other day. IIe-tie, I reckens I knows all 'bout dat," said another African, nearby. " Yo' knows nufiln dat's what jo' knows," replied the old man. "Sartin I do knows suthin'," chuckled the other; "I knows well 'nuSE dat yo' can't eleep o'nights; an sides, I knows dat yo' neighVio's "can't nuther, ef dcy'sgot any chikensl'' The old darkey looked grieved at these words, and as he turned away he express-

ed his orinion of them by raucsblins: "Hf

dere's anything dat I hates it's to see two culled gecumen alius quarrelin' wid each other specially when dsy's bo fa ob de same profession." . a A Declaration of Principles. From the Enquirer, May 16. The Enquirer is opposed to all shams. It is opposed to all corruption. It would be untrue to itself if it did not show up the former and expose the latter. Frora the Enquirer, May 81. If the Democratic party should establish a precedent by rewarding such a "reformer" a? Tilden with a Presidential nomination, the Nation would be disgraced and the parly nam would be stained like the hand cf Lady Macbsth.

An editor, quoting Dr. Hall's advice

to "eat regularly, riot over three times a day, and nothing between meals," adds, "Tramps will do well to cut ihh cut and put it in tlioir 'bank-books."

The Government Stamp. Terre Haute Exprtgs.

It i3 a favorite line of argument i used by those opposed to the inter-j changeable bond system of finance, to j illustrate their view of the m iller by J showing how absurd It wouid he for ; an individual to redeem his debt ia j interest-bearing bond.-? in non- interest- j bearing notes. (Jen Harrison, if we j remember his first spcerh correctly, I not having it before us at this time fori reference, ust-d this method of reason-; ing. Gen. Harrison fhoutd ivim-niber ! that theie is a wide dili'ercnce betwrcn an individud and a roveru-(

ment. It he does not know thi., let him once proclaim thai, -I, Benjamin Harrison, ilo declare war upon Great" Britain," or that "I, Benjamin Harrison offer my mediatory services to setile the eastern question," or that "1, Benjamin Harrison, authorize the en-, forcement of a system of internal revenue and taxation which I do now proel-iim," and he will discover that there is a broad difference between the scope and authority of a government and of a man, and that many things aro practicable lor the other. The government of the United States issues postage stamps which will carry letters to any part of the christianized world, while a stamp issued by Benjamin Harrison would not cany a letter from Terre Haute to St. Mary's even though he was known to be worth ten thousand times the value of the stamp. The position of the bullionist is this, that a paper dollar'is;n6t good moneyunless it represents a dollar in-coin. If this were true, the notes of the bank of England, the soundest bank of issue in the world, would not be good, since each of the notes, at the highest represents but fifty-three per cent of coin. Thti old bank notes in thi3 country usually represented only from five to twenty per cent, in coin. Sound paper money must represent value, not of necessity coin value more than land value, or iron value, or lead value, or coal value, or merchandise value. The note of a man worth ten thousand dollars in marketable iron, or land, or merchandise, is as good as the note of the man worth ten thousand dollars in gold. Whatever the government stamps as a dollar in sm-h manner that it may not be counterfeited, and promises to receive as a dollar, and promises to make good as a dollar in payment of debts between man and man, is a dollar. It is not in the province of money to be value, but to represent value. The leadittii bullion journals, in recent h' discussing the silver question, have admitted that the value of gold and silver are not real, but are ficticious, being tbe result of their use as money. The journals have admitted that the demonetization of silver has decreased its value, while it litis increased the value of gold. Gen. Harrison uses Mr. David Wells' milk ticket illustratio-i. It is true there would be an absurdity in a milk ticket which should say, "This is a pint of milk," if that were the end of it, but there would be no absurdity in it if it were good for a pint of milk to the person issuing it, and if he were a responsible individual. What the government stumps as a dollar is a good dollar, because it has ample credit and authority to make it good. It is good for po.tage stamps, good for taxes, good for debts and all dues. Whot other, or better, offices can money perform ? Is it not backed by value greater thnn anv bank or corporation can have? It is backed by the power authorized to tax all values in the nation, to make war, to enlist and conscript armies, and to cary desobvtion, or blessings through the land, and to the uttermost parts of the earth. It is a power which is feared and respected throughout all civilized countries. Its promise to receive as money whatever it may stamp as money would be ampleredemption alone, and would make that money incomparably better than any other form of money that could be made within our borders, even if the legal tender propertj' between man and man, were omitted. The true government dollar is not so many pints of milk, nor grains of silver or gold, nor loaves of bread, nor pounds, but it is good for all of these at their current value, because it is good to the first aud highest authority in the land. A good illustration of the power of the government, and perfect for the purposes of this argument, can be. found in the nickel and silver coins now in use. In the market value of the metal they contain, the silver coins issued by the government at this time are worth about ten cents less to tbe coined dollar, (two halves four quarters, ten dimes, etc.,") than a greenback dollar, and they are not legal tender for larger sums than five dollars, and yet they pass current at at full value with tha legal tender currency. The nickel five cent piece, according to the meta quotations in the New York Mercantile Journal, has but seven-eighths of a cent of real value, but it passes current, as is well known for five cents. It is the government stamp that make sninety cents in value of silver pass current as a dollar, and that makes seven -eights of a cent of nickel good for five cents.

A donkey, tethered within a short distance of two beehives, at Abington, England, was recently attacked and killed by them. This is the second year the same hives have-become aggressive after their harvest cf honey Lis been taken from them at a time of year when little or no honey can be got frora Sowers. Exasperated through starvation, they invaded private houses, marauded the town half & mile distant, and made an inroad on the sugar in a groceries shop. They not only killed the donkey, but attacked several ponies and passengers on the road. Morkts, III., September 8. The Independent Congressional Convention of tbJ.3 District' yesterday nominated Alex. Campell. The Democratic Convention met immediately afterward and also nominated Campbell,

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