Show C. C Goodwin oo win tuners r Meant Mean I one of the serious objections to th the national w was established in the stress of the great war at it was founded on the debt not the credit of the theor theor or or several administrations after the W war s U r closed there struggle to call caU in and obliterate the gr great lt volume backs and so fast as the bonds fell feIl due to either pay them ue them at a lower rate of interest In this way the ticks acks were reduced to and a permanent guar- guar of pf their final fina redemption of in gold was placed I treasury The bonds were so much reduced that the naI na- na 1 I bankers tegan brgan gan to be troubled to obtain enough of them to tot sit t in the treasury on which to draw the interest and at the thele le time to obtain 90 per pC cent of their amount in b bank notes which to do business Then in the winter of 95 1894 the house of J. J P P. Morgan bought greenbacks and forced them Oli on the government de de- I anding gold in redemption that the gold reserve became so edu educed cd th that t President Cleveland and Secretary Carlisle had an fori suing and selling more b bonds which ad ade the interest bearing debt of the government about 1000 On this amount the people have been paying interest er r since which Interest the national banks have drawn The West terest thus far colle collected ted exceeds the principal but the drain goes When the new currency bill went up from the house it pro- pro ded for the gradual retirement of these bonds and their c calling within twenty years But Bui the new bill as manipulated by the nate hate has no such provision but to indefinitely increase such to almost any extent The belief in the east cast is that the thc is to condemn and take in all an the telegraph an and telephone I in the country and run them on government account even i Ls s Postmaster General Burleson recommends V We 1 tall all all see sec what we shall shan see r |