Osage Valley banner. (Tuscumbia, Miller County, Mo.) 1879-1881, 1881-02-10
9ae National Debt
From n. Y. Cen.rr.

A republican, asks a National Democrat t.
make pialn bis violent opposition 20 our
system OF ~rnl!onal banks. TIE National
d, mocra. says: .'Weli, Tot US 90 across The
way and get The evidence IRON tbs banker
himself"
Nauousl-Mt. Baker how much money
did you loan 20 the government
Bauker-eOae million doliaf,, sir"
National - Wnst security did you take for
the loabt
B.nker--.q look the government, bond
payeo,s ia twenly years. drasing IA pur
cor,., gold, iatert,.''
Nato lal.-D You still hold that bondy
Banker-~No; / pawnei it to the govern
ment, snd received on IS 5000. 900 Of patioual
currency
N.tiousS,-Wha did you do with the $500,
coo o, currepoj9
Banker, --"I paid 1t ops to the people ior
properly
NstionAl.-Wba security have the people
that too currency yoa paid them - g1Oc'
Bsnker.-'My boud /, on dep cit as Splat"
erAl Tor is aaai redemption by tbe governs
meot." sl
National cBhen you bavo parted with
nsne.tenthsAoae Olaim sgainst the govern
meut by passing it over to the people in ex-
charge for their pfopertsG Or 10 other
wrods, the peopls have REFUNDED TO you
ninety per cent. Of your loan 70 the govern
meut, and taken a lien on Jour bonds
Bankef.-"Yes."
National Do the people draw from the
government. moe teuLhs, or their proportion
OF tne interest On the uOnog
Bauket.-"Oo, no; | still continue TO
draw The entire interest, without beng tsGeti
wnile tbs people VINO own nlnelentns OI tnu
claim draw no interest, aud arc 'ezsd to pay
N ~.fiohaL-Then reallv ,ho go~y,rnment
ows you bus Si0O 030 II tue ui! ION, you bav-
ing transferred 500 9J0 q; the eis,m 10 the
psap.c, and at lHs sHms ufne ine latter are
faxed e. pay you Interest Ga rho whoItS
Bauksr.-"TnUse hre about tha facts under
N,iopal-To what extent does tho law
allow you bsukers 10 carry this system OF
speculation
Bauker.--sW We are not limited By law. We
can carry u u the extent OF tho bonded debt
OF ,hc natiot, sud, ne Jouu Sherman Is
obliged 10 Increase the bonded debt from
wear 20 year to obtain geli 10 pay I~ntOtest, We
eau carry IL 10 the txtent OF our opportunities
lor so~seuladoH. L. Is o1s 0f tae incest
schemu. eysr invented, lG Is ike n Ratchet
wbasi, II takss all aud gives nothing. Pae
whole people are tlxed 70 psY us interest 90
what they 90 MT owe, whde we ate exemi I
even iToal our oN'u butden-.
Nationai.-D1 lou expect 10 hypothecaIe
more o. your bonds IG curreRev, and trans
Ter them 10 people or property!
Ba~nksr.-"Is o, rs soJa ~ va .an get the
Ip,ernai greanBeeks cut OF cumpsution and
- 49, - "a h u.
enable Us 10 rope 10 thr se dollars wytth fol
Ous OF currency. Tnis va intend 10 do When
~ got d ciAusu inse,ted ia the R.deml tloI
Act to allow US 10 initiate our bank currency
withuut luliL"
NAtionaL.-Whst amount Of bends do you
nov bold, wnIcn Nuu are st 1oeriY 10 ''puI
upi lor bank ca teucjE
Bau ket. NEARLY lwo thousand million
dollars, with whst We already nave ap."
NauUnaL--by hAndhng tue 81 $50 COO OO(
OF bond aud Ihe Dine-.eotns az $1,000 OOJ,W'
+; Of currency, What would bc the result, GlIAn
ciAlly, OF yoar Investment
, BSnkeF.--e rho result will be, we shat
, carry bul Ons-4sntn, or two hundred millioae
OF l6e puoue otbs, wuiie drawing interest OF
the whole,
: ,sPne people will carry nine.ienlhs OF tb'
burden. draw no %iDtetssE, bat nave Tie pliY
, nsdgs Of paying ours."
8 NauonaE.-H0w much will your RnnuS
Interest amount tot
. Banker -'A5JuG ore hundred m'llion."
a National --WnHt DO Tie tax payers got /
e raturbf
Z Baukar.-"Nothing."
9 National then you contracted TO extern
9 a gertain favor tn toe government, for vino
j, you we're ~ receive $l00, 00O,00J III gold, pc
/. year, from The people. Bus through III
Q agency OF your national bauking machtner
d YOU are enabled to make lhe people peti1rn
Q nlue-tontbs vi our contract, while you :,
: eeiye The entire fawsTd.
n Ia n0t THIS y mot outrageous robbery
I s~tndIs upon tho panDisg
, Banker John e.. Deshier, Presiden
franklin National Bark, Coum5u-,. Oalo.
ssie.-'lt the people are tuin Id fools .
20 vote tor men t. puI SADDLES on their back
d spurs on my DOOls, aud then inglle ine I
ride, am not goieg on foot. IL 4 Is robbery
N the poo p e ghU sustain the party that suInoI
lied tue robbery are 70 blame, aud NOT u
robbers"
Saline county boasts Of the thickest vein o
coal In Missouri, or perhaps in the wUrl,