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This newspaper page contains 16 articles. Subscribers can read the full text of each article.
Newspaper
Ames Intelligencer
Location
Ames, Iowa, United States of America
Date
Sep 13, 1878
Page
2
An editorial advocates using five-twenties as circulating medium arguing they are legal tender for debts and usable to purchase farms or real estate, comparing them to greenbacks or gold and urging speakers to promote 5.20s.
As the rebellion began, a private soldier earned one month’s pay. By June 1862 the army paid in gold. With the war ongoing gold became scarce and paper money depreciated. A Republican Congress raised monthly pay to 16 dollars to shield soldiers from depreciation.
A fall-era letter questions Republican money policy claiming two currencies favoring rich buyers and sellers’ widows. It argues gold at one-eighth of 1 percent premium mirrors exchange value and asks if Slatherskites are now satisfied with equal money for all.
A night blaze at The Great Omaha Hotel destroyed much of the structure with four firemen buried by a collapsing division wall. The victims were John A. Lee Lewis Wilson Alonzo Randall and Bill McNawara. A cornice crushed a man named Locked whose injuries left him unidentifiable. Debris clearing failed. building loss estimated at $200,000.
A circular from the General Land Office implements Secretary Scharz decision on pre emptions for sold lands of Pacific Railroad land grant companies. Land offices will accept declaratory statements from pre emptors and allow entry and payment at 1.25 dollars per acre after verifying not already sold by the railroad firms. This enables settlers to claim possession and force railroad companies to act to protect their ejectment rights.
Mr Gladstone notes that since 1871 annual interest on the public debt averages twenty million pounds. He contrasts American democracy reducing prospective liabilities with Britain handing over debts to prosperity. He says America earns credit for honesty over financial skill and that interest has fallen to favorable borrowing rates.
A denunciation of depreciated money and unequal coin and note value cites hardship for laborers. It argues against distinctions between coin and paper money, urges government aided money to cover debts, and links the issue to the Republican party and gold exchange rates.
The Story county Greenback convention draft endorses H. F. J. Boardman, or possibly not, amid claims the cardinals aim to sway voters. Critics call Boardman a self serving office seeker who supports fiat money to gain office, citing a past loan refusal to a Marshali man who would not sign a gold note.
The writer dismisses Republican papers and orators as denying currency contraction as barefaced lies. They insist no record or history supports such claims and express a desire to expose political rivals to the public.
Editorials denounce taxing federal bonds as breaking a wartime contract and harming American holders. Proponents warn taxation encourages foreign investor gains and hurts soldiers families, arguing the bonds earn low interest and fuel tax revenue loss. Targeting critics like Mr. Boardman and Mr. Hyatt is cited as political attacks.
The court upholds Congress power to make the government's promises to pay money equivalent to value, not declaring fiat money legal by default. Democrats dissent, warning that fiat money threats constitutional order and could endanger the nation. Fiendish schemers are warned against reshaping government and harming the people.
In Story County proceedings the National Greenback party pledges to cut salaries of state and county officers. The note argues this stance targets laboring men, highlights that county clerks and recorder roles rely on fees, and contends the move aims for public votes rather than sound governance.
The Lansing Republican editor sought proof that the 7.30 bonds under the 1864 act were legal tender. After six weeks of ads, he obtained a near exact copy of a 7.39 note from a 1864 issue. Its genuineness is guaranteed by the U S Treasury in Washington.
Public notice details a government bond issue dated 1864 offering fifty dollars per note with six percent interest, semiannual payments, and convertibility into redeemable bonds after five years. It lists treasurers and coupons, payable to bearer, with terms lasting twenty years from August 14, 1867.
Judge Oliver of Monona County argues for Governor Carpenter as the Ninth District Republican nominee. He reviews charges, praises Carpenter’s integrity and ability, and urges Republican voters to back him, saying no better man could represent Iowa in Congress.
The document lists circular tax rates and duties for banks, deposits, capital, circulation, and notes. distillers and brands with per barrel and per gallon taxes. beer and lager beer duties. cigars and cigarettes taxes. liquor dealers and wholesalers taxes. tobacco dealers and leaf products rates. peddlers classifications by vehicle and class. and medicines and perfumery patent taxes. It outlines per unit taxes, ad valorem charges, and thresholds for different industries.
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