The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1878-12-12
I'VE TOLD YOU So, +,

imm. diately after the banks of New York
determined to do what they could to nullify
the Silver Bill, the G-ophic had a cartoon
entitled The National Banks defying the
Lightning" the will Of the peo-
pie, in the person Of a majestic woman, with
the lightning4 10 one hand and the law in
the other, while in front Of her, in mena-
cling attitude. stood a congregation Of bank
ers, with their bags Of gold in their hands,
aud apparently defyiDg the law
in regard to silver. In It's issue Of last FRI
day, the Graphic reproduccs this cartoon,
and accompanies 1t with another, the coun-
| terpart of the frst, and which shows that
the Lightning has struck; an enormous thun-
derbolt marked "act Of Congress to abolish
the National Banks" is represented as
striking in the midst Of the bankers, and
the rnin il complete; men killed, safes rent
open, money bags bursted and all tumbled
together in a most confused and inextric-
able hesp. On another page, under the
caption We told you So" the Graphic re-
fers TO its two pictures as follows;
immediately after the banks of New York
determined TO nulIify the silver law-at least
as far they could-rhe Graphic, both by
text and cartoon, pointed cut the danger OF
their course. We declared that their action,
If persisted In, would give rise to retaliation
when Congress met. On our front page to-
day We reproduce a reduced fac-simile OF the
cartoon which appeared in our issue of No
vember 1.-two days after the Mobilization
act was passed
Our prophecy has been fulfilled. Mr.. Fort,
of Illinois, yesterday asked leave TO intro.
duce resolution ins.Tucting the Banking
and Currency Committee of the House to ma
iure aud bring In a bill by which the circula-
ton of every Nat 'onaI bank discriminating
against the stsndar silver dollar or refusing
to treat IL rs gal dollar in every respect
shall be retired. This would certainly be a
Just and appropriate punishment for what is
very prop rIy styled in Mr.. Forts resolution
"a defsI ce of the laws OF the United States"
The retsliatory resolution was, OF course, oh.
Jected 10, and kept for the present from com.
ing before the House But though baflled
on this occasion, the friends Of the silver
dollar will ind n means 10 teach the New
1OIk ktoust ludl law Vi SOugTtss
remonetizIng silver Is not a dead letter, and
cannot be ignored as such.
Some of the friends OF the banks are now
pleading In extenustIon that they have as
much ight 10 take silver on special depos.
It" aftsr the let of Janusry next As they now
have or have had for years past 10
take god on special deposit. There Is no
parity between the two cases. Gold is
taken on special deposit because gold coin |
is not in observation-disclosures II Is an /
article Of merchandise. Special deposits Of /
coin are now made and reserved because /
specie pay ments are suspended. After the /
LIST Of Jsnu ,ry next, specie payments will be /
Legal tenders, gold coins and the /
silver dollars, will according to Law,
circulate side by side. Paper or coin will be
n legal tender in payment OF debts. The spec
ial deEosts OF gold heretofore taken by the
banss simply scknowledg. that specie pay.
ments were suspended. By refusing to take
silver dollars except on special deposit after
January !, the banks discriminate against
4 coin of the United States and hope in this
way to Practically demon-tize IT. 1t Is an |
attempt 10 put stigma on the standard sill
yer dollar. and as such must and will be re- |
sentsd. |