The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1874-06-12
Naslsral ltsnA Mates. isHAl Infrt
eaa Sreeir I's,msa'sa

/
N matter els' prieitn r.er'r may
snistisin n IT, ~ advantage ~ flissA.
snn1aTu III an W frnse II eutt~iere, ihrst
can possibly II Int nns nt,nlnn ani'na
honest an,l intelligent men, Ne 81 The
prophet, III that increase lrinG lei,
IN legal tenders In far, the issac II
national lank MITES d, Ill il ~ var.
lance with the in,rrc..- u she re.rl.
and n only maintained h, the united
Influence IL The national hanks anil
their an.rrurnlans cmrlo,mens "
means ~ TINT rnh.
There IL M lack In tho number or
the wealth II those who would readily |
exchange government bonds with tue
Treasur, department Welding all their
interes, ~ condition II receiving Ic,a.
backs with right. and privileges .infil.
iar u those had hy the national banks
This would relieve the government ~
Il wcnll he exchanging itslntrrcst bear.
Ing Indebtedness t. non-intcre.t bearing
This would MD tho people immcnsnr.
ably because II would unl"ck boarded
millions, looking t. the federal treasury
for isr inrtalmen,r III interest, 70 -cek
investment mud like compensation for
IT. use irpn. thu productive industries
OF the laul These industries aIs nuw
taxed IL ray the interest on ibrse hond-
aud ye, ire denied i,s ia. The pay.
Ing thir interest ~ the national banks
Ii the erufspst wrong T. the people, .
most nosrnsahlr robbery II tie Itsas.
ury, prlnecly sra'nlty from ~ OYER
burlenrI people itf - service I'nder.
al. There are people lAllins govern
mcnt bond. Wiz nre clamurnn Inr the
privileges granted q the natipnHl anhs
and ne willing ~ surrender III tho III.
tcrcst IN tho ba,plr deposited T., ,iir
privilege. WY, then, and ni.ier
what corrupt inInanep tlprs tle t'as.
ernmei,' continue q rs tHMe S.u.-
ono. uno II gold annually Il .he hanL.
while ,iiier patti en ~ gpul usnl aerrrs.
lug ~ they. nre wiling ~ ~, TINT sun
70 tho government.
Already nhuus two hundred million.
Of rall have hpfn puid ~ tl,n nnlinnp
laiks III interest on their loi,ls delor-
tel with the Treasury. Tn these
bonds til, national hunks got sis pr
eel,i IN the notes itsmel 10 thum thy
gut finn sns'n IL twrnty-fnnr ,cr eent !;
On deposits equal IN amount T. their
enri,al they ect ses'n PER cent. And
far thin lavish and lilernl payment RI
iu,erer, what III they give In return
Tho only justification for the existence
Or the national hanks |. iha. Will, iheir
funds they should foster American proc
auetiva industry, tho sanrre and the
only source IL all nur wealth, The In.
terosl ilr links receive On laans II
oser ati5. OOO. 900. from tho govern
ment tbos receive some go. onO. OnO
In eoitl on three hundred anil ifty mil
lions u capital, TINT Il, they have Icon
In actual reecipt VI twuniy eight per
cent I'm tho amount VI Thur capital.
hut BY various uirenitons arrangements
thoy net n grea. deal moro than tl'r.
% Tbs. III I'll probability their actual
receipts for interest duos MT fall short
VI thirty pr cent l.rr annum,
II Ia the firm conviction II mnn who
have given thu subject great Thought
snd time thui II ilr tinc hundred md
thirty millions II i,ans nuie by the
national hanks not INC third has
boon lpauea - any American product
I've industry while stuek.pahl,lr,r md
other spectators lrrying upon that III.
duatry have been tho recipients u their
loans. III snue IL tic manufacturing dr.
tricts quite PREPARATION u hunk cnrii.
nj IN used 81 pr"nptn productive in,l,,n.
lr,;bnt ~ h tulu ihe national bauke -
rn,lintc. nnl neglect the uBly interest
for wLiel, ,ll., were ur should ~ trent.
oil.
Tho President lus srni ~ sruainr
Jones Ljs yiuw4 Oh tho currency ',uns-
tinn which Ia causing much feeling NJ
tho conference committee III tlc tan
llonnes had ilu mattuf under aiti4e-
mcnt. Tho man .wthput ralips
notifies congress aiid the people tliui
any act u rougresn touching tia 1naa.
sion must provide fnf specie fademliint
~ carly III January -, Ateinfu "
specie payment II III ,ueaii4 rnia md
bauktupe, 10 nine.i'n'ils = Il. nen
IN tic territories, mon III whom 49, III
debt eyen TN their fai.ns.
Int II tho fliuntry can,lu' rus sntll ~.
lief aH iis esie.neies InmnHI without
complying viii, tliis unjai esaation lot
that IL t4ss.trtt#44..ls4iI III ILL aHf liz