The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1864-07-23
THE GOLD CONSPIRACY.
Its True Remedy.

Forbearance has its limits. Gold is at
q premium of two hundred and forty
eight!
Forbearance is the germ of retribution;
and it is, perhaps, to be regretted that
those who corruphy trade against its tenn
per have not the means to guags the rising
heat, and know just when endurance
ceases TO be virtue. Gold. with its star
Walton track, may soon be at premium
of FOUR hundred and eighty-four Ii
fuctuation is with handful of public en-
emies in Wall street-members, some OF
them, of the copperherhead conventions,
and agents, others of them, of European
banking Jews-who ere the agents of the
insurgent cause of the Confederate loan
These worthy operators, who had long
begruged the Federal finances their supe-
rior credit, have emitted to "corner" the
whole market stock Of the precious metal,
that they may dole it out, SO as at once to
gorge their greed and depress the public
credit.
The recent rise in gold, there fore, is
no, the result of ''the natural laws OF
trade We hear SO much about; nor does
it represent the public estimation of the
currency. 1t is simply the result of a
conspiracy by which a knot of heartless
Jews in the rebel service have "hived''
the sixty or seventy millions of market
able coin, that they may excite the people
by starvation prices, and stab the credit
Of the Government. To cover their de.
signs, they have DETAINED the Treasury,
and charged upon its minister what wac
the result of their own criminal device
Congress, alarmed by the unlocked for
rise 10 gold, ignorantly attributed the in
fAtion to the fierce upward betting of the
Stock Exchange. They did not refec,
that this stimulation was exactly balanced
by the equal effort of those who accepted
the converse of the proposition, and who
labored with like Interest TO beat gold
down; nor see that these surface flies had
nothing to do with the i,npulsion O,
the wheel. Their legislation, there.
fore, was lugubrious failure; and the fore
stallers at the hub were enabled, throu Ii
their orators and journals, to make another
cutlery against the incapscily of Govern.
meut, and to accuse the act AGAINST gam
bling in time-sales as can interference.
with the natural laws of trade" Doubt
less the sudden stoppage of Quotations
favored the schemas OF those who had
hived the treasure; but gold would have
risen all the same without the Treasur,
bill; and it was sheer piece of luck /,
the conspirators that they had ACQUIRED
its control and were prepared to "pu, +
up just as the bill against time sale,
happened to be passed. lie who ha. en-
gagged to deliver an article on given da,
must, if he have none, buy of those VII,
have il; and if those who have it hold all
the buyer, instead of the purchaser. be
comes a victim.
Such is the case with gold TO-DAY. I
has been artfully withdrawn from 9Th
natural laws of trade;" aud unless som
remedy be devised to check the design
of the nefarious conspirators who mana,
it, il may be put up" to 400; and Will
the Government is sunk in debt throue
enormous purchases, the poor man
pound Of meat will cost him 80 cents, hi
ten cent loaf will shrink to cne-third il
: former size. and tea and coffee will t
known to him only through tradition.
= These bling the facts, the questio
presents itselt how long the public wi
endure this juggling with it's miseries
and how long the Government will suffe
such conspiracy against its interest. /
is manifest that the cancer canpos be- re
sisted BY ordinary legislation. P4lIativ.
and surface remedies have been Fri.
without effect, b We must resort To IN,
scalpel and extirpate the cause. We a.
not mean BY this ,hit We should har,
the forestallers, which the exsspera.e,
people will be apt to do themselves shoul,
gold be s.pnt" much higher but to ami
hilats gold itself, 80 far as il is medium
Of trRer and 70 allow the susrsscy i