Press enter after choosing selection

Let It Not Be Forgotten

Let It Not Be Forgotten image
Parent Issue
Day
30
Month
October
Year
1874
Copyright
Public Domain
OCR Text

Let it not be forgotten that the direct axes in Michigan have been enormously ncreased since the Republicana carne nto power. In 1854 - the last year of )emocratic aseendency- they were only 110,000; this year, under Republicn rule, bey are $903,404 - over ninety times as much. Let it nnt be forgotten that it is a Reublican State adnnnistration which arms out the surplus revenues to favored anks at a low rate of interest Let it not be forgotten that a man who íolds a $3000 Federal office was eager to eceive the Republican notuination for a ■itate office apparently worth only $1,000 a year. Let it not be forgotten that the dominant party in this State has covered up nd white washed frauds, and has failed ;o give the people information demanded y them and which they had a right to emand. Let it not be forgotten that while taxayers have to pay ten per cent. for borowed money the ring banks obtain the eople's money for four per cent. Let it not be forgotten that the difference- loat to the people - for one year between 1,000,000 at ten per cent. per annum and $1,000,000 at four per cent. er annum is sixty Ihousand dallara. This tnay explain why Republicana will "selfacrificingly" consent to run for offices with very low salaries atticbed. Let it not be forgotten that the people ïave been told in effect that it is noue of heir business where the large surplus jelonging to them is, and that it is preumptuous and insolent on their part to nquire what security there is of its safey. Let it not be forgotten, in this connection, that banks which have natwnal noneys on deposit must deposit Uaited Staten bonch to secure those moneys; and in iheir quarterly statements always give he amount of bonds deposited to secure hem. Banks which have State moneys ;reat the moneys aa if they were inividual deposits. They do not have to deosit honds to secure State moneys. They re farmed out by favor. Let it not be forgotten that under Eemblican rule in Michigan direct taxes ïave been largely increased since the war. Why, if not that the ring might make mouey out of the large surplus thereby aised ? Let it not be forgotten that Eepublianism in this State has burdened the eople with iniquitous legislation - legisation leveled at local self-government nd at individual liberty. Let it not be forgotten that Eepublianism in the nation has been productive f a series of scandalous frauds almost without a paralel in modern times. Let it not be forgotten that the Eepubican party is the father of the odious ystem of monopoly by which the many re plundered for the benefit of the few. Let it not be forgotten that the Eepubican party has been guility of the most eckless extravagance in the management of' national affairs. Let it not be forgotten that the Bemblican party leaders have resorted to he most iufamous lying in hopes to tide be party over the fall elections, and ïave proven themselves to be unfit men o represent the people on governing the ation. Let it not be forgotten that the panic f last fall and the present hard times ïave been some of the fruits of Eepublian administration. How different from he era of stability and prospority the eople were promised. Let it not be forgotten that the Eejublican party in nation and State has violated pledge after pledge made to the eople, and stands to-day self-convicted of utter incompetence. Let it not be forgotten that the Eejublican party sustains its rogues and ,hieves in office and position, and does nothing to aid the cause of the plundered nd oppressed in the country. Let it not be forgotten that the Eepubican party in Michigan is to-day the epresentative of no idea, no pinciple ; is merely an organized band marshaled by he men who fatten at the publio crib and by those who dip their hands into .he interest on the State surplus and ooket all over five per cent.

Article

Subjects
Old News
Michigan Argus