Down With Bondholders!

The irrudeemable party has raised a loud aud violent cry against the owners of government bonds. They teach that this class of property is entitlod to no respect. They would pay the bonds with papar promisc th:it are never to be paid, - ia short, they would wipo them out by repádiation. Now, wherein does a bondholder differ trom a landholder, whose title is a governnieut patunt 'i Oue pioco of paper representa au aiuount of inonèy which the governmeut has borrowed and on whioh it promises to pay interest and ultiuiatüly the principal. The othar piteo of paper represents a contract or land certifícate from the governmont, which it grauted in fee simple to some persou for ti consideration, either in niouey or actual settleuie'nt. Both classes of property are based on the governuient faith ; and if this taith may properly be b roken with the bondholder, why not with the laud holder 'i In tact, is not tin; monopoly of land uuder governuumt patents an ontrue on thb people at large 'i Why should auy man hold laud which cost him only $1.'J.") an acre, at $100 per acre for farmiug purposes, or several thousand dollars for city lots:1 Tuero are man y of these bloatnil landholders iu the United States, and it is time they were made to 8urrender thcir title3. it would be uo more tban they deserve if they were returned the paper promises of the United States lor tlie amount which thu laud originally cost thoia. Anil the governuient should mly do this, accordiug to the philosophy of the irredueinables, where it cn inake something by thu operation. it should not buy back a mati's land whero it proves to be worthless, but only where it bas become valu ablo. We have tried to makc the ioint clear thut property in mouey loaued oa interest is iu no sense different iu its just rights from property nvested iu land. The saiuc is true of nioney invested in a stock of goods, which are aold at a profil ; or in a manufactory, where articles are disposed of at a protit ; or in a house, which is rented at a profit ; or ;i livery atable, whose teams are let at a profit ; ar in employing labor, which resul ts in a profit; or in any kind of busines?, where Ihu object is peeuniary gain. If it is wrong to lend monoy and re cfeive interest aucording to a fixed standard, then it is wrong to rent houses, to let horsns, to sell goods, to dispose of manufactures, to employ labor, or even to oceupy the soil, under the authority of contracts sanctioued by luw. Let not the lainlholders, the trademueu, the mechnnics, the laborers, or any class of men suppose that they can "beat" the holdem of government bonds, and strip them of what the ;overnuient has pledged itsolf to pay them, and not seo their own property of any other kind attacked in turn. The spread of incendiary comninnistic ideas ia very rapid, and it stops not until every man who has earned and savod a dollar of property is deprived of it, for the aavautage of blatherskites, loafers, eheats. nud thieves. -