The Somerset press. [volume] (Somerset, Ohio) 1873-1977, 1881-11-10

Yes, you are right, also. IL |
got badly swindled. When you paid that |
Dut you did not get one cent in return. You |
yot ten cents sometimes during the year, be- |
cause banks pay one cent sometimes on the |
circulation. There are $50 millions Of these
National Bank notes in circulation, and |
when the Government issued them 1t gave
Them away. Now what kind Of men did it
give them tor To men holding Government
bonds drawing q higher interest than you
can make 10 save your lives by labor. Now
will somebody in the name OF all the gods at
once tell what excuse there can be in the
Government giving the rich men Of the
more money! Let me exhibit this
thing little further. When l made this
statement in Linden, Kan, / said I" Ii any
gentleman denies il, let him hold up his hand
and will give him an opportunity 70 re-
ply" One gentleman in the audience held
up his hand. i asked him IL he would
reply now or after i closed. He chose the
latter. Well, l invited him on the stand
and he said: Why, of course the Govern
ment charges the amount against the bonds
hackers present knew better and laughed at
him, but 1 checked them and said this man
Is honest and sincere. / then showed him
tbs law, and 1 never saw q man get SO
angry. Said he, Z" didn't know 1t was such
an Internal swindle." [Laughter.l Now !
the difference between two classes Of invest
ments. Suppose i have $50,000 and my
neighbor has $50 ,0OO and we want to invest
It and he says Weaver, how are you going
q % ioysss Soud" %0nss Hs says. dsr WIZ 1s
you. will invest in land, improve 1t and
make the desert blossom like the rose."
We 20 to Washington. get my bond, and
he bis patent for his land. / draw interest
and pay no taxes on my money. i open q
detected; call him in and ask him: "Don't
you find your money paysf Perhaps you
want TO borrow somer' He says, "0h, no;
you borrowed $45,0O0 on your bond and l
know the Government will look with as
much favor upon me who invested my mon
try as upon you who locked your money up
I'm bonds.' Well, he went to Washington
and found his way to the Comptroller's Of
hce, and. walking In, says: Examine
plies contemptuousiy: f'It is not my
place to examine patents for land"
But says he: "weaver got bonds for
his $4,000 at the same time l got my patent
for land; he borrowed "a, ,0OO on his bond
XS, 80 on my paient.u aPolieemani Po-
liceman! Crazy man herew "Why," says
he, az am not crazy at all" "Why,"
says the Comptroller, "you talk like fool,
then; the Governmentis Ii not doing that kind
of business" Now you see the advantage
/ had. The Government almost doubled my
investment and left the man with the land
to borrow my money. The Government has
no money to loan on real estate but it gave
1t to me TO loan, and 4 charge him a little
for examining the title, and paying the at
advance. Laughter.l Now, gentlemen, il
do not say one more word here to-day, II
that one exposition Is not sufficient to turn
you from the National Bank system, then
there Ii no argument Of mine that can.
come right to the discussion now. Why
does the banker want the power to issue the
peoples money and control Its volume
You have learned the reason why, without
regard to party affiliations. You learn this
great fact in the school of experience that,
when money is plentiful, times are good and
prices high, and hazard the assertion that
you have learned the opposite also. IA
voice, I'VE haye."l You never stop to In
quire to whom belongs the power to bring
about this state of affairs. Now il any Of
you had the lawful power, Greenbackers
as you are, to double the prices OF
sHTr sfs poiass TGsd aI II ko!m !seV
want you to recognize another fact,
and that Is that the banker Is o man
with like passions, with yourself, no better
and no worse. Put him in your place OF
you I'm his. What we want In this country
is that there shall be no law authorizing 8
| man to skin anoiher-[cries of ''that is so''l
any more than we want any party to have
control OF the bsllot-box. 1t Is the peoples
ballot-box aud the peoples money, and the
| people shall control both. Now, then, you
see why the la ,kers want the power to con-
troll the currency, because the amount o
money contro,s everything. To give any.
body the power Of saying how much money
shall be in circulation Is to give him tht
power Of placing value upon everything
Suppose one OF YOU got up In the morning
after eating your breakfast and say to YOU
wife: 81 want to go over to such and sucf
Q neighbor's and give him power to regulat.
the value of every days labor / perform.
The first thing she would do would be I,
look ut you and see II you were IN earnest
The next would be to call the children ant
send for the doctor. II the doctor came ant
laid you were sane, she would next sent
for the lawyer. She would not live will
such man any more. That 10 what yo,
have done; you have given to these men tn
every bushel Of corn,. or wheat, OF foot
property. "Oh, yes" you say, "but yo'
are shirking the question; show US tina
there are any such laws In this country :
J put the power into the hands Of these me
TO issue as much money as the
hey please, and we viii leave an an
| party that confers such power"
will try and convince you that that il pre-
cisely the power which the banks exercise
ton; like to ask questions, and II there
, any man In this audience who wants
question me | will answer like o gentleman
We Greenbackers are not afraid OF discus
sionor investigation. When did the las
great financial panic strike Missouri [
voice, "In '73.''l Well, it lasted six year.
} you know that many Of your homestead
: were placed under mortgage, your higt
ways were filed with tramps and thousand
r of our best people made to mourn In sacl
cloth and ashes. Now, what was the dul
Q of the Government in that emergency VIII
N hQ M
J, Yes, but says some one In the audience. Go
: ernment had not the power to do it lawful
9 nor could 1t stop the panic. You are fair
|; that statement. but / want to tell you VIII
q l want you to do In return, for am iai
! minded man. II the Government had ]
d power 10 stop the panic, It should not NAL
: your condition worse. Now do you reco
r lect away back In the history of medicir
!, the doctors used to bleed men for ever
!. thing under heavenf One day physics
o was called to attend . man with typhl
> fever. 'Yon are very sick, my man" o.
= he, "and will probably die, but may =
" lieve you little by bleeding" He callt
o on the morrow at twelve O'Clock and four
|. his eyes glazed almost in death, al
|. the stricken wife in q corner in tear
d "Msdam. your husband u about
q die; there is bare possibility that1 may r
q lieye him by bieeding." So he bled hi
d again. and that time did his work effectua
1f Inc inulKu1ut auu borIOWiuS WHO 5si
"a "Monster, you have sent my husband 9
of the world before his time.e He straigt
- ened himself up IN pompous manner q
replied, "Madam, the science OF medicf
thing about 1t. swell" !" she said, he
g are two bottom facts: there II my husba
ps and here Is his blood" Common sense b
by the advantage of that argument. Now
to have the laws Of the United States here, ]
70 lating to loans and currency. ! got the
e from John Sherman. Laughter.l Dol
III laugh, for John Sherman IL the best fina
I'd cier In this country. He has been In pub
r. life eighteen years. During that time
On has drawn, probably, 100000 n salary, 2
ng has been able to lay up out Of 10 two mill
st dollars. Now want TO show you how I
of Government came TO your relief during
fe panic when the bankers had you by
On throat. Here Is the law: BE 1t enaote'
In that Is the way these fellows mako NOR
ty l--[laughterl-" Be It enacted, That the
y tionai Banks may retire their circulation
se whole or In part.' Right during the pan
n lin whole or In part" What was the m