Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1875-09-27
From the Daily Graphic.
Nasty ON INITIATION.
COMMENTARIES X RoAps,
CONFEDERATE y ROADS,
WITCH is IN THE STATE OF KENTUCKY,
y August %, 1875.


idees NV fnanse eggsackly 1t is simple, efectoOa,
and ezily understood.
determined to put the idee into practice, and to
that end sejested to my friends the organizashen
a bank NV ishoo, under the name and title NV ''The
Unlimited Trust and Confidence Company nv Con- |
fedrit y Roads,
had som trouble to get the citizens into it, but
finally succeeded. explained to the people that |
more money wood be an advantage to the debter
class which, ez nine-tenths EN- wuz i'm debt to
Basc0m, settled them. They hailed with joy any
movement that wood wipe out their scores and give
EN- new credit at his bar.
To Bascom and them ez intended to hay in the
management showed that more money meant in
creased trade and ez the money wood be ishood on
our credit it woodent anything but the printin
we couldn't lose anything. So the bank was start
ed wuz made president; Issaker Gavitt, cashier
and Bascom vice president; with board NV direc-
tors consistin Kernul McPelter and the venera-
BILE Deekin Pogram. We put the deekin on becoz
| he iz bald-headed and therefore respectable. His
biznis IL to sit in the front window reedin an ina
shen paper. 1t inspires confidence. You hav to
watch him to keep him from havin the paper up
side down. but in this community that don't matter
ez very few know the difference mOren he does.
It was forchnit that our bankin room wuz located
printed notes which we ishoO down to the presi-
dents desk by a rope. 1t saves labor which IL
great pint in an instooslen like ours.
The theory on which paper is ishoOd is very
simple. The company ishoo it, and the people take
it. We hav no time fixed for redemshun, for the
beauty ov the bzness is that don't never intend
to redeem. Our notes reeds:
oThe Unlimited Trust and Confidence Company
NV Confedrit Roads witch is in the State of Ken
tuckyl promises to pay the bearer one dollar"
We don't say when, where or how, and therein is
the strength NV the enterprise.
Our first ishoo was received with some hesitashun
"where is our secuorty?'' demanded one farmer
to whom we offered 1t in payment for load nv
wheat
Faith in the company" I answered, looking at
him pityinly. "Gaze onto that face resoOmed,
pntin at Deekin Pogram, who rather spilled the eff
feck by brushin of fly that had lifted on the end
of his nose look at that face and then ask for
: curity."
''when is It to be redeemed?'' askt another.
= at never wants to be redeemed" wuz my ans
= wer 1--WE shell be liberal, and when note wears
out we will give you another. What do you want
J, it redeemed for? Money ishood on faith needs nj
4 redemshun. We buy your produce with it, yoJ
buy your goods with it, and so it goes round in
cirkle dispensin besSins wherever it tes. Ez Ions
as 700 take it, do you want of anything else?'
Another remarkt that it was his idee that pape
IL money was all to be redeemed in gold.
g 'Gold," promptly replied, sis played out. Col,
i is merchandise Our dem ocratic brethren of Obi
hev decided that money is simply promises to pay
t and that it don't matter on what material tina
pr promise is stampt-whether gold silver, iron shell
or copper. We shel put ourn on paper, coz it's tn
49,,
RS this bank
Pollock the Illinoy disturber. in the most broots
manner, refoosed to tech it, and CONSISTENTLY Ii
IL biznis suffered. One shoemaker from Ohio foowe
Ia suit, and undertook to argu agin so much none.
He asserted the heresy that addin to the volume u
IN currency didn't add nOthin to its power. Said h
r. II viii Illustrate so the Corners will comprehen
700 take gallon of whisky and add to it thr,
IL gallons of water Well you hav four gallons in II
bari, but there amt but gallon of square drin
in it after ALL
~ answered him by reading copious extrax fro
adj Carys speeches, shOwin that troo prosperity go
A. hand in hand with plenty money.
They finally was convinst and took our mont
he for their grain, tho he'd to pay them at the
th ginnin 20 cents bushel for their wheat th
other money wood hav got it for. But we didn't car
'ge for we knew Good make all NV it we wanted.
,od 1t was astonishin what a prosperity set
E, ON the Corners to wunst Money became as plen
'i' as blackberries and everybody had their poekC
ay full of it. Land went up in valyoo 200 per cent
a week. and the price of the nessaries Nv life rails
- ekally. Bascom put his new whisky from five
on twenty-five cents per drink, and such the r
his trade, he and his wife and his oldest son, jeff
son Davis Bascom, all had to stand ih the bar
on wait ON customers. The bank bought all the VIII,
own money, and we paid such prices as happen
lis for money with objeck. The high pri
brot all the trade for 20 miles around the Corn
and all the dealers who would take the money ste
'O- up to their middle in it.
less Then my turn come. Pintin' to the crowds
.al,, people in Bascom's said to the doubter: 'N
trade ez brisk ez that afore inf1ashun?' which
ng, tied him.
tenn Improvements are being projected every d
re We hev organized company to build bra
ecii railroad from here TO Secessonville another
one TO Bloody Fork and still another to Little And
L.; sonville. Eve turnpike companies hev been org
ICED and three factories have been actually C,
nlte menced. The water power ON the Run jist ab
the village is to be improved at wunst, and Bias,
is already at work a wing to the back part
10 the grocery. Town lots are doublin in vayoo ey
am day, and new additions are being perpetually
out Everybody is speckelatin, and everybOd
ne getting rich. There is flush times here. The
sup pie are all inhationists.
l. am president of these companies, and see
NJ reason why can't put EN- through. 1t is true
price Of everything has gone up. The commo
ha Niger labor is now up to SIS day and pail
> pegged boots is worth $50; but what differ
was does that make? So long as Simpkins the pr
not can work his press manefakter money,
there must be prosperity.
d. Pollock and Joe Bigler we had to get rid NV,
in they was prejoOdissin the people agin Poll,
este :. go, "a, anu ms o,Og mOi,1 't
d by BascOm and me and Deelin POgram went to
rant anu .T Tr - nm .S ats ms ."l
fam for less than s., 600.
Or We promptly accepted that price, and Sc
boy back to the bank with bushel basket to
some the money. When it came Pollock refoost
, nav take it.
81 want greenbax,' he said.
ssiul- sour money is just gOod,'' ser I.
hav- 81 know it, SEE he, 'but I hav prejood
favor of other money"
'e u There was a crowd about, and it would new
n, he TO acknowledge that any money wuz better
,on,o ours. took Bascom to one side.
sc. w" SEE I, ''here is golden opportuni
duct do two things. First to get rid of disturbe
cious, second we give confidence in our shoos- Raj
of his G. W consented and it was done in the mr.,
ut of NV the people
''Iou see, said ], ''my friends. that we'd
soon pay greenbax money
The crowd was treasured and took our b
lst of readily ever. Pollock and Bigler gave u
,o- property, but they didn't leave the village.
contrary they went to the tavern to boar
nctlon jeered at US wuss than ever. They said the
, and more money by this transaeshen than they he
made in the Corners since they had landed Il
uiIOh Deekin POgram, Captain McPelter and
le ex- Gavitt hav all payed of mortgages their
that mansbup befttn NV new ~ ro eto y pam :,
should happy and eOntented. hev finally struck IN
- Bank Presidentin scots mel was born for