The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1889-12-19
Pilot Grove Correspondence.

Mrs. c. Vance, of Riceville, in ad-
dition to her blindness, is much bro
ken in general health.
There has been considerable sick
ness Of late in the family of Alex
Mcintosh, but all are now improving.
Mr.. Joseph Hill, who had his ankle
/ broken by the falling Of q straw-car-
rier, is able to be out again.
Mr.. Henry Webber, we regret to
note, is on the sick list.
For several days the boys in our
vicinity have been much excited over
the books and papers Of the ''Kicka-
poo Indians This Indian medicine
business reminds us OF the saying at
tributed to Barnum, the great show
man, who, on being asked to state
the secret OF his success as show
man said: 1.-The secret of my success
lies in the fact that the American
people like to be humbugged."
Several Dakotans and their faIni-
lies, fleeing from starvation, have
come this way during the fall, and all
relate heartrending stories Of suffer.
ing and restitution in parts Of Dakota
But, while the settlers of Dakota
are in such deplorable condition,
the national banker, with his gift Of
money from the people is there in
| full bloom, and carving out his pound
of flesh from nearest the poor Dako-
tian's heart.
In this connection we desire to call
attention to the following in the
Presidents message relating to ma
tional banks: "A table presented by
the Secretary of the treasury, show
ing the amount OF money Of all kinds
in circulation each year from 1878 to
the present time, is Of interest. 1t
appears that the amount Of national
bank notes in circulation has decreas-
ed during that period $114, 100, 729, Of
which $37, 799, 220, il chargeable to the
last year.
The withdrawal Of bank circulation
will necessarily continue under exist
ing conditions. 1t is probable that
the adoption Of the suggestion made
by the Comptroller of the currency,
viz: that the minimum deposit Of
bonds for the establishment Of banks
he reduced, and that an issue of notes
to the par value Of the bonds be al
lowed, would help to maintain bank
circulation.
/ Thus are the people threatened
with ruinous contraction of bank
currency unless they accord to these
banking Shylocks another pound Of
flesh, blood and oil, from nearest the
nations heart.
/ Not content with the present sys.
tenn of depositing 100000 in bonds
in the treasury, drawing interest on
the bonds, and receiving $00,O 900 in
notes to loan to the people ut outra.
Igeous, usurious rates Of interest, 3,OOl
bankers demand ~ free gift in cur
rency, the par value Of the bonds
thereafter deposited, and also the is
sue Of the additional 10 per cent or
all bonds now on deposit to secure
circulation. The President lends hi,
approval to this colossal system Of
robbery. and it now remains to b.
lseen what course Congress will pur
lsue in the matter.
The abolition of the national bank
ing system, and the issue to the peOpl.
!. directly Of treasury notes, is III accurl
with the march OF progression, AM
in accord with the theory OF u peo
] pies government.
In keeping with the course pursued
by all trusts and lnonopolies, when
ever the people seek to abridge theil
unjust practices and special priv
leges, the bankers will protest agains
u change. Surely the basis OF tin
treasury note is the same as the basi
Of the bunk note, viz: the faith ane
; credit and collective wealth of tn,
nation.
The people must abolish the gigaIi
tic, nation -destro, ing, money trust.
l.. h. 4.