The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1878-07-12

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lessl - il~ Maternal Hank AsM~sntssn.
tn Unsupported hntirHsl tsnks. IN N
sssiss, lAsH, namlstsi Arm. The
Ntnnnhl " Their tNgit~l stw~k, surplus
inn.ls, undivided lstuNts. safvHtstlon,
slet~~sls and u4Ast ltsnss swrllssl thvis
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III sasstal .svs ssatswssSt In any uliean.hy
knswn " ih~ wasla. These 2,Hst rus.
ls,ssl.aMs, ~ shr tull r@nrrls 4 pall~~a
lu~es, runhaned inac singh lsviathan
monopoly ~ override NIL tvslfHlnl. ~
rumree& Nil r,ntr,l. to rule Vonxr~e.
h dictate h the Hssiun In lava, ~ The
people thvis siRhts, anil III the CnitTsl
STATES their money and inAnrva. llasn
unt II The storms III rebellion, rrW.llrd
into smmsnee wealth w niunululikvd
snheLlies, IN object ii ~ mAkr she uuv.
csnmrht IN servant, Anl ,hr people ils
slaves. Having thna characterized III
ol,jrcss, III ~ now sec how II u com.
tpss,l.
The stock III The national banks il rrp.
resented Nv aust. Wan aharrA u eiOO
rArli, and about 1,1t)O, 900 SHARES lceA
than elOD racl. These SHARES arr uwMs Il
n.y. 1llH, nm shareholders. Massachusetts,
holds nm, 100 shArvH, tllc remaining New
England States l. NM. La shares. New
York holds l.ts2, 7lg shares; The other
Middle Mates .60s. t,32 shnscs. The
southern HtMscs, entire, AN, AOI shares,
or lcae than onc.llalf held ~ MaseAcf n.
ertis, and the whole number of The
Western states Nj, D33 shares, or less
than one New England State. The IN.
cinc States and Territories, $4,000
shares.
The number of shareholders In The
Eastern States are A6.DS5, of whom
~, f4Il reside Ia Massachusetts. In The
Middle States there sse jS, 126, of whom
"a, mn reside In New York, 2a,O12 Ia
Pennsylvania. In the Southern States
tneIs NV lissVss III Wv WuWsssu EtMssNs
i7,170. In the Pacific States and Terri.
tories there are 72l. Canadians hold
6.5lg; Great Britain, 6,72s, and other
PORTIONS of Europe, Asia, and Tho
islands. $4,000.
Thus II Ii seen Tint moro than four.
filths oi this moneyed power Ii held by
the Atlantic Btates. They have com.
bincd and controlled II. II isM power,
which, IN usc tho words ri Thomas II.
Benton, when speaking II the old United
States Bank, which had 4 capital III but
e35, 0)O, ono, or less than the people arc
now annually forced N pay m \ bounty
~ the national banks, liz too great ~
be- tolerated In 4 government III freq and
equal laws" II IN power maAAeti and
concentrated ~ 4 central cOnclave In
Nav York. Ito make Tho yict richer anil
thu poor poorer" 10 multiply naiobs
and paupers, and " deepen snd widen
Thu enlf which separates Dives from
i4axsru.. II has hecn combined ~ cap.
it'll ID make capital master. IL leaders
have already male two public dcclAa.
tionA
|. Tint the association In dedicated ~
reducing all employees 10 tho lowcnt
measure III compensation, and
=. Tint " machinery ~ now In opera
tiOn NJ that In amy emergency tho ilnan.
ciai corporations vi the Fast can Mt To.
gcther ~ n single days nottce, aud with
such power that no act ri Congress can
overcome or reAist their decision.
lts standard Of wagrs Ii that which
constitutes European panporism. lts
e.lici Of power In that the American
laborer must DO conicnted with low
wages and liz purpose Ii 10 open M nn.
sparing war against MI interests which
resist II.
From liz policy In tho past. its policy
In the future II easily lsslucsd. ~ thc
birth ri the greenbsck the originator
ri the bank Association started their
nefarions work. u WA necessary ~ their
purpose that thay discredit II, and they
were powerful enough 10 subjneatc II 10
gold spsenlatorr, by making DO 0Iovern.
ment hang the chain u rcpnLintiOn
round IT, peck hy printing on every bill
tn refusal to receive II for Duties IN Inn.
ports ani intcreNt On tho public dsbt.
Unless this was done II would be- equal
70 gold, and II equal 10 gold tho iNinIs
could not lH reduced III " cents on thc
dollar ~ they we're. Again, III equal 10
gold, y. they we're In value lint for this
population, gold spectators could
not speculate IN thG misf0Ytnnna
u the people BY continually magnify.
ing the price 81 gold, anil ~ continually
d.crying the price u gfecnbarks. Tho
second step VAS " change tho contract
BY which, our bonds, made payable III
lawful money, we're mAllc payable ID
gold. This thay forced CongrcsH W do.
Il wns 4 felyny, but they wore 9nilty 81
II. The THRU step WAS " sleinonetisc
silver by M Infamous frsnd. They dill
this hGsianse M had SILVER In abund-
ance. knowing that gold MA scarce, and
that W. tAl hut little u u Tor, with
our bonds payable II gold. they know
Tiny were masters ~ Tho people. Tho
fouitl, htep VIVA ~ III time wien specie
payment should l1 resumed ~ forced
l. m.I al A1.n sxlt1 Az.