The great West. [volume] (St. Paul, Minn.) 1889-18??, 1890-11-07
!ortest possible time. National

shortest possible time.-National
View.
Groton Leader s. OAK:
From all over the state comesgo
news Of independent success. The
party is growing rapidly. As the ag-
riculturists and laborers see more
clearly the folly of splitting their vote
between three parties, they are join
ing in with the peoples movement
and are swelling the ranks for q
grand victory. Young men fall in.
Remember that the price of agricul-
tural products must regulate wages
in this country. Merchants fall into
line, You know that the price OF ag-
rlcultural products affect the volume
OF trade, your customers and your
own credit. You know that any con-
siderable contraction of the circulate
ing medium, depresses value and.
strikes the food producers hardest of
all. Then what are these merchants
thinking about who hang to the con-
traction party of bullion renown,
that issues large certificates for large
transactions only, and refuses to
coin the silver output of the country
SO that the products of their custom
ers are kept too low through such re-
fusal to coin money. To say moth
ing OF paper imitation the cont &C
ton party refuses to give the recog-
nized money metal a chance to do
the greatest good to the greatest
number. Vote that party out. The
producers of the country have no use
for it.
National Bank Pre1ts.
The profits of national banks are
enormous. The government loans
them money without interest, for the
per cent they pay for their currency
is simply to cover cost of engraving
and printing the bills. They loan
this money to the people at an aver
age OF 8 per cent a year, compound.
ed in most cases every ninety days.
Then the people, following the
example of the government, lend
their money to the banks Tin the
form of deposits) without interest,
and the banks loan these deposits to
the people, at an average of 8 per
cent. For example: 1.-THE Mer-
chants National Bank" of Chicago,
according to the report OF it's presi-
dent, borrowed, last year, $3.50, 900
OF the government, and $3,711 900
of depositors. On this 81 ,161, 900
this bank received from the people, in
interests, the sum of 1851 ,231, which
is just 10 per cent on this enormous
capital which this bank gets without
interest.
Every dollar of this money came
from the producing classes.
When we remember that there
are about three thousand national
banks in this country, it is not diff
cult to tell where q large part of the
profits of labor go. If the people did
their own banking through the gov
eminent, they would save this large
sum, and times, would not be SO hard.
Vote for no man for congress who
does not openly promise to do all in
his power to repeal the national
banking law.-True Commonwealth.
The Railway Kings, National
Banks, Standard 0ilMonopoiy, " a..
Street, and every English syndicate
on American soil, are in either the Re-
publican or Democratic party. These
great mOnied interests have their diff
ferent organizations and meet in Sc
cret sessions. They control the Ma
tlonal Committees of both parties by
demanding representation on their
committees; and when it suits this
great Money Monopoly to elect a
president, or make a "change" of ad-
ministration for the purpose of fool
ing the people, they do SO; and vet
thousands of Republicans and
Democrats voters permit them
selves to be lead up blindly to the
polls and vote their party ticket
without a scratch for fear 1.-THE other
fellows may win," or swap with each
other to defeat an obnoxious candi-
date on their own ticket; and all the
while, the Caucus manipulators look
on with satisfaction and say: "Well
done, good and faithful servant,
come up little higher Torch of
Liberty.
A Million Dollars Profit.
National Tribune:
Those who claim to have been in
side and know all the facts assert
that II Senators and Is Representa-
tiveS whom thew name sscleaned nm a