The New Era in Republican Government: The Dawn of Day; Or, The Laborer's Only Hope

G. C.Hackstaff, 1883 - 186 頁

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第 35 頁 - ... decisive action may be taken for the correction of the evils which inhere in the present methods of appointment, and I assure you of my hearty co-operation in any Measures which are likely to conduce to that end. As to the most appropriate term and tenure of the official life of the subordinate employes of the government, it seems to be generally agreed that, whatever their extent or character, the one should be definite and the other stable...
第 140 頁 - States bonds. 14. One of the most invaluable features of the national banking system is that requiring each association to have at all times on hand an available cash reserve of specified proportions as compared with its deposits and circulation. The proportion required for banks located in the iinancial centers of the country is 25 per cent, of their deposits.
第 18 頁 - The true and only cause of the stagnation in industry and commerce now everywhere felt is the fact everywhere existing of falling prices, caused by a shrinkage in the volume of money.
第 171 頁 - I am not among those who fear the people. They, and not the rich, are our dependence for continued freedom. And to preserve their independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude.
第 15 頁 - Governor Stevens, who repeatedly passed over the route, estimates that fully four-fifths of the Northern Pacific Railroad grant is good for cultivation or grazing, while much of the remainder is in the mountain belt, and is covered with valuable timber, or filled with the precious metals. With the road built through the midst of these lands, what is their money value? The lands of the Union Pacific thus far sold has averaged $4.46 per acre; the school lands of Minnesota, $6.30 per acre ; the lands...
第 19 頁 - The contraction of the currency Is a far more distressing operation than Senators suppose. Our own and other nations have gone through that operation before. It is not Possible to take that voyage without the sorest distress. To every person except a capitalist out of debt, or a salaried officer or annuitant, it IS a period of loss, danger, lassitude of trade, fall of wages, suspension of enterprise, bankruptcy, and disaster. it means ruin of all dealers whose debts are twice their business capital,...
第 140 頁 - Baltimore, from the other reserve cities, and from the remaining banks of the country, being tabulated separately : *Tho reserve cities, in addition to New York, Boston, Philadelphia, and Baltimore, are Albany, Pittsburgh, Washington, New Orleans, Louisville, Cincinnati, Cleveland, Chicago, Detroit, Milwaukee, Saint Louis, and San Francisco.
第 14 頁 - The minee adjacent to the Northern Pacific Road will furnish at least an equal business. 11. The shipment of cattle from the natural Pastures of the Fertile Belt to the Eastern market. This traffic will at once and permanently contribute a large revenue to the Road. THE LAND GRAUVT.
第 15 頁 - The land grant of the Northern Pacific Railroad consists of 12,800 acres to each mile of track through Minnesota, and 25,600 acres per mile through Dakota, Montana, Idaho, Washington, and Oregon — the branch to Puget Sound having the same grant as the main line. The average for the whole length of the road and branch is over 23,000 acres per mile, and the total exceeds fifty millioa acres.
第 15 頁 - Road free from debt, and one-half the lands unincumbered in the Company's possession. At only $2.50 per acre, Government price, these lands will build and equip the Road, leave it free of debt, and place a surplus of Twenty-five Million Dollars in the Company's treasury.