The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1878-01-17
GEORGE FAAhcls TRAIN ASA PROPHET

who seems to have the gift of pro-
phecy more strongly developed than
George Francis Train. In the year
1872, nearly two years before the
panic, in a speech made, standing
upon the steps of the Custom House
in Wall street, he pointed to the bank
ing houses of Jay Cook & Co.. of
Henry Clews & Co., and Duncan,
Sherman & Co., and prophesied that
in less than two years from that time
these houses would fail. He also at
that time foretold the death eff Horace
Greeley, the great fires of Chicago
and Boston, and the loss of the
steamer Atlantic, all of which pre-
dictions have been singularly fulfilled.
At the time they were made many
persons thought him wild fanatic,
and only laughed at his supposed folly.
Four:years ago he said that the policy
of specie resumption would be pur
sued, that the value of property
would shrink to such an extent that
all above the first mortgages would
be wiped out, and a large majority OF
our business men would be forced
into bankruptcy and that finally
stay laws would be passed to prevent
the money lenders from absorbing all
the property of the country. The
bankruptcies have already taken place,
most of the mortgages are wiped out,
and some of the Western States are
now passing stay laws.
In a speech delivered in the Opera
House Mt Newark, last April, he told
the audience that in less than six
months there would be run on the
savings banks of that city. This pre-
diction has just been fulfilled by a run
on all the savings banks in Newark.
In scores Of other instances, when he
has just foretold the death of certain
parties with whom he was acquainted,
singular fatality seems to confirm
his predictions. In Rochester, last
spring, he foretold the terrible riot
that took place in Pittsburgh.
He now prophesies that if the re-
sumption act is not repealed that it
will cause reputation not only Of
the national debt. but of all State.
city, county and town debts. produce
life and fire insurance and trust COM
panies. the cancellation of all mort
cages on real estate, the wiping out
of all private debts. the plundering Of
every bank and the hanging of every
banker in Wall street by the inter-
nationalists, social democrats and
working men. All the daily news
papers established in the city will be
burned, and their editors taken into
! Tompkins Square and shot. and that
Hayes. Sherman and every member
of Congress who have voted for the
specie resumption act will have to
flee the country or lose their lives.
After this a reorganization of society
and a rebuilding of the waste places,
through the aid of greenbacks. will
take place.
| The facts, figures and arguments
presented on this currency question
forces the dread upon us that these
frightful disasters, that Mr.. Train
predicts, may come true. In fact, il
the specie resumption act is enforcee
1t is difficult to see how any other re-
suit can he reached.
| 4 prompt action by Congress in re-
pealing the resumption act would put
a stop to all this at once. The adop-
ton of DR.. Miller's financial scheme
would change this flood tide of evil
to an ocean of prosperity.
Will Congress. the press. and the
Wall street syndicate. N ational Banks.
he wise in timel
Let all true citizens pray that they
navy. y. idrocofs.