The Milan exchange. (Milan, Gibson County, Tenn.) 1874-1978, 1878-05-23
Policy or the Money Power.

Policy or the Money Power.
The total amount of gold in the
civilized world is not over $4,000, 0O0,-
600 This falls some $500, 0J0, 000short
of being equal to the wealth of the
Rothscl,ilds.
II is the policy of this astute and all
grasping family to stand constantly in
the relation of creditors to the pro-
gressive and promising Nations of the
world. Thus a good interest is always
assured, and there is no serious danger
of the money loaned being lost.
Under these circumstances, there is
almost constantly due to the Roth
schilds over 81, 100000.
In Europe their loans are commonly
made to Governments as personal ia
vors, through the interposition of
Kings or hereditary mobiles. The COM
mon people have little or nothing to
say in such cases, and the Kings and
mobiles feel under personal obligations
to their creditors, generally doing as
they are asked to do in order to retain
the esteem and confidence of those who
hold the purse-strings.
In the ratio that the debtors become
more deeply involved, the power and
authority of the creditors become aug
mented. Finally the latter become vir-
tual dictators. They declare that they
must have but one kind of money as
the actual circulating medium, or the
basis of the circulating medium
throughout the world. That they fix
upon as gold. This enables them to
control and direct as capriciously as
will may suggest the monetary affairs
of the world. Not dollar in the
world that they may not call in when
they demand payment of the money due
them.
If they wish to subserye their inter-
ests, or the interests of their friends or
agents at particular times and in par
ticular countries, they can readily do so
by requiring payment of the moneys
due them, and depicting such countries
of their circulating medium, thus in
calculably augmenting the value of
money and reducing the price of prop
erty in corresponding ratio.
In such a crisis, those familiar with
the purpose of the ring could purchase
property for mere trifie, and after
they had fully supplied themselves with
it, up prices would 60 again by an ex-
pansiOn of the circulating medium.
This would be effected by withdrawing
gold from some other debtor Nation
and allowing it to circulate for time
in the country where the property was
located, thus vastly enhancing its
value.
Having consummated this scheme,
they would sell off the property as rap
idly as possible, realizing large profits.
If they could not get the prices agreed
upon, cash in hand, they would very
willingly take bonds and mortgages
for the remainder.
Having thus become creditors of the
people and acquired almost exclusive
control of the money of the country,
they would renew their depicting proc
ess, send the gold to some other Ma
ton in which they had extensive inter-
ests, there expanding the circulating
medium for the purpose of enhancing
the value of their property, while the
country from which it was taken would
relapse into its former lethargy, and
prices and wages would fall to the
starvation stratum of 'hard-pan."
This is no overdrawn picture of what
the Money Power seeks to accomplish
by making gold the circulating medi-
um of the world.
Facts will bear us out in the state
ment that we have had periodical pam
les during our entire National exist
ence, and more intimate acquaint-
ance with the times when they occurred
will prove that they were produced by
foreign creditors withdrawing their
gold and silver from our country. Pc
RODS of National prosperity and peri
DDS of depression and panic have fol-
lowed each other consecutively in every
specie-basis country in the world for
centuries. They teach that when Ma
tons have circulating medium that
any clique, combination or family can
control, they are at its mercy. They
must endure reverses and panics when
ever their creditors can profit by such
visitations
How absurd is it not under these
circumstances to cling any longer to a
specie basis-to tolerate for a moment
the outrages of specie resumption?
Is it not manifest that the Rothsehilds
can control the world with power
that Kings or despots could never WELD
if it consents to have as its circulating
medium money which they loan it,
and the total amount of which is fully
$500, 600, 600 less than their aggregate
wealth?
This arrangement would make them
arbiters of the destinies of the world.
1t would invest them with the attri-
butes of supreme power in the United
States.
Shall we be so foolish as to submit TO
their policy? Shall we be as docile to
them as the down-trodden serfs of
Europe? Shall we be so cowardly as
not to maintain our independence in the
face of their aggressions? In short,
shall we agree to make them, their
descendants and agents our rulers
forever?
We shall, unless we have the man
hood to make ourselves independent OF
them by establishing full, unqualified
and perpetual legal-tender papermoney
in our oppressed and suffering country.
-P00aeroy's Democrat.