Press enter after choosing selection

The Bill Repealing The Bankrupt Law

The Bill Repealing The Bankrupt Law image
Parent Issue
Day
10
Month
May
Year
1878
Copyright
Public Domain
OCR Text

still hangs fire in the Senate. A Xew York banking firni is advertising for proxiea from Michigan Central Railroad stockholders, " to be tendered ,to Mr. W.H. Yanderbilt for use at the coming eleotion."' Alexan-der Hamiltox, the iirst Secrutary of the Treasury of the United States, writing with full knowledge of the financial schenies of the Continental Congres8, and of thu worthlessness of the old "Continental niouey," said in one of his aunual report? : "Paper eraissions by the Government are of a nature so iiable to abuse, that the wisdom of the Government wiil be shown by liever trustmg ltself with so B6ducing und dangerous a ])Ower." It 8 in this "seducing and dangerous power," tbis power to mako proniises to pay, inconvertible and irredeeuiable, a legal tender, that the uiodurn greenbacker and Congressional demagogue sees such a mine of wealth and prosperity. Are Demócrata to be caugbt with such stuff? - -- - - ANUREW Jackson didn't have much of an opinión of an irredeetnable currency, - the favorite currency of Ben. Butler, Brick Poniei'oy, Sam Carey, Henry Chamberlain, and their greenback followers. Witness this : 11 ïhere never was, nor ever couKÏ he use for any other kind (thau redeemable currency), except for speculatora and gamblers in stocks ; and this to the utter ruin of labor and moral of the country. A specie currency gives lite and actiou to the produciug classes, ou which the prospenty of all ia founded." Let those Democrats who are inclined to worship the rag-baby god, who imagine a paper promise to pay, with no time fixed for its payment in real money, and an unlimited issue of such legal tender sham money a panacea for all the financial evils of the day, reflect upon this comnion sense language of "Old Hickory." Lrxawee County has had a grand jury, - the first sinoe the passage of the law of 1859 substituting an information flled by the l'rosecuting Attorney in place of an indictment, - had several parties indicted for stealing wheat, oats( &C., by the nieans of fraudulent weights, and is now wrestling with the question of whether the aforesaid grand jury was legally inipanneled or no. A plea in abatetnent'has been put in iu behalf of defendants. The plea sets forth or alleges that the lists of grand jurors from the city and several towns were not "drawn" at the proper time or not legally "drawn," - meaning, we suppose, that such lists were not mude out and returned at the time and in the manner reqnired by law, for no jurors are "drawn" except by the County Clerk. We notice that the city list is not objected to on the grouod that by the statute of the State - -5977 of compiled laws - no city except Detroit is unthorized to return any jurymen, either grand or petit. This point was made in this county, in a murder suit tried at the ington sustaining tin ohjction. Now neither Ann Aibor nor ipsilanti uity returns any jurymen, or f returned the County Clerk ignores their lists when he draws a jury. Other cities in the State, like Adrián, continuo to return jurors aud their lists are used, and perhaps they reis' upon charter provisions to legalizo such return and use, but no charter provisión can enlargo the duties of the Clerk as marked out in j Ó9S2 compiled laws, - "such lists" referied to in that section being " such lists " and no other as are provided for in preceding sections, to wit : the lists made and returned by " the asssessors and township clerk of each township, and the assessors and aldermen of each ward in the city of Detroit." Isn't this point worth considering by the Lenawee Court ? NOT EVERY oraxgek 9 a greenbacker nor every greenbacker a demagogue, but the average political greenbacker - the man who denounees thrift and its fruits, who thinks it a crime to hold a inortgage or own natioual bonds or bank stock, whose continual talk is of "bloated bondholders" and againat capitalista - is a demagogue or something worse, and the genuine granger or owner of a farm (we fear same grangers are not farm-owners), or the farmer who has some inoney at interest, should make haste to diaavow all sympathy with the greenback deraagogue who is only the connecting link with the agrarian and communist. And the mechanic and day-laborer, tho owner of his own small factory, shop, or house, has a like interest with the farmer in such a disavowal. The leaders of the "Sooialistic Workinginen's Party"- foreignors who have forsaken, or boen banished, their country tbr their country's good, an organiztion co-operating with the "Knights of Labor," and other social and labor organizations, avow this creed : "The entire overthrow ot the present social systetn ; the abolitiou of all personal property in luid and other means of production and thoir cos-iion to the Stata ; the introduction ot tlie co-oporative plan in labor, so that every labirer may be a partner in every fcictory or workshop ; the compulsory liinitutiou ot the Iioiim of labor to eight houra a day or loss, accorüinx to the requirements of of uueinployed workmen ; the regulation of the prices of labor by arbitration between the einployer Hnd the empioyed until the co-operativa systein is introduced ; compulsory education and the opening of all colleges and universities free . to all classes ; the abolition of all savings Imnks; the abolition of direct taxation and the institution of a -caled meóme tax ; and the taxation of all church property." IIow do the furni-owners of Washtenaw like this picture ? Will tbeir farms be left intact more than the blocka of the merchant, tho mili of tho manufacturer, or the bonds and stocks of the capitalist? And it is in to the hands of these disorganizera that Senator Voorhees, of Indiana, played in his recent speech ; it is their handa which are being strengthened by Ben Butler, Moses W. Field, Sam Carey, and the whole class of blatant demagogues. We are standing on the summit of a volcano, and every man who denounces Capital and its ownei is, either witlessly or designedly, engaged in an attempt to hurl both the social and body politie into the open and wide-niouthcd cráter. I 1 Oxe of tho bloodiest stripes on Ihat " bloody shirt " has been cut clean out, and the Kepublican shriekers are grirving sorely over the mutilated garment. It was not Raphael Semines, the " pirate " of the late war, who had pctitioned to be attacbed to the Howgate North Pole Expeditiou, and whose petition had been indorsed by Secretary McCeery, for the aforesaid Eaphiel Semmea has been dead these several years. Americus tëyniines is the man goeking the place, a son of Capt. John Cleves Symmes, the promulgator of the " Syinines' Hole " theory. And the sou wants to go up and find the hole and prove his father's theory. Nevertholess the changos will be rung on t he " pirate story until after the noxt electiou. Tue Board of State Canvassors has made an official canvass of tho votos polled at the election April 1 on the constitutional amendments. The vote stood on the amendment decreasing the liability of stockholders in corporations : yes, 24,770 ; no, 42,064 ; and on the amendment giving the Supreuoe Court the appointment of its own clerk : yes, 30,313 ; no, 34,712. The governing motives of voters are certainly past fathoniing, for certaiuly not one of theni can give a good reason why the Supreme Court should have for its clerk either the clerk of Inghaui County or his deputy, Ex-Gov. PacKARD.oí Liouisiana, Consul at Liverpool : that's civil service reform for you.