11 Oct 1878
Page 1
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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
The Greenback News
Location
Joliet, Illinois, United States of America
Date
Oct 11, 1878
Page
1
The La Salle county publication announces imminent cessation of the paper due to unpaid subscriptions and editorial strain. Readers are urged to settle balances promptly while noting upcoming changes including a Greenback League sponsored edition and a shift in content after the election.
A Naperville editorial plea from Nelson Ferriss & Co. urges readers to spread the Greenback News across the congressional district. They promote a fifty cent yearly price, pledge aggressive circulation, and ask current subscribers to renew and attract new ones without a sinking fund or debt.
The LaSalle County National faces setbacks as subscribers and supporters prove unreliable. The piece laments disillusionment after launching to aid laborers and promote National Greenback Labor party principles, vowing to continue exposing perceived vicious legislation despite defeats.
The Chicago Tribune argues the modern credit system, driven by capital lenders and credit merchants, expands lending with tiny cash base, risking widespread collapses when debt blocks repay. It contrasts per‑capita money supply, cites historical bank loans, and critiques press claims on the Ottawa conference and Greenback politics amid party tactics and currency debates.
A fragmented comment notes concern over national debt and personal finances. The speaker mocks high bun fees and questions public willingness to accept national borrowing while showing indifference to personal costs.
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