The farmers' union. (Memphis, Mo.) 1891-1895, 1891-04-16
4 Conspiracy.

sixty private bankers met al the Russell
house and organized state society which
will fight all unfavorabie lee i.lat ion at Lam
sing and may establish r big private bank
in Detroit to serve as Il center for all the
private banking interests of The state.
John X. Boic>, of Hudson, was chosen pres
idcnt and John W. Porter. of Port Huron,
secretary. Those two. with Jesse Church,
Of Greenville, Fred Potter, of Saginaw.
William Mcpherson, ir. William kempf and
Butler Ives were chosen as an executive
committee. '-Dispntch
We arc glad to see that the above ac-
tion has been taken, but we arc sur
prsed at its publicity. We are glad be-
canse by it farmers will be led to see
what they must meet. 1t is not to be
presumed that those sixty men all be-
long to one political party, but it is con-
vncing that the bankers rely on lcgisla--
tion TO accomplish their ends. The leg
iSlation which is threatened through the
farmers and labor"rs' organizations they
look upon as unfavorable legislation.
They propose to meet every emergency
by better organization. The proposed
bank at Detroit will. without doubt, be
established to be a clearing house to
them. Through it they will act in con-
junction with the national frauds, and
hope 10 enjoy a moiety of their gainS.k
This is but another step to control the
money volume. They see the rising feel
ing against the national concern and pro-
pose to be in the field III time. Other
states will follow in their wake. One
reason why we comment upon this action
at this time is the bankers method of rid
lrullng the farmers organizations while
they push forward in the line. If they
are not thwarted they will soon be in a
| position. in all commercial centcrs, to
| draw the products of the country thithcr.
They have no right to now say that they
act because the farmers are moving as
| they are but the teachers of the farmers.
But the farmers are becoming aroused
| and We see in this aggressive back action
| that which will soldify the farmers in
| their political views, and drive them into
| new and independent political organi
| zation. When this is done the two Old
| heresieS will unite, although life. long
| proclaimed enemies, and then the fight
will be between the absorberS and the
| producers. This array, if it can be
| forced, will please us amazingly, as in it
! we would see the consummation of our
| long-delaycd hopes.
| They cannot endure divided when the
| people recognize the whole truth. 1t
seems tRat nOlhing CONid DrlnS the 1Hp-
| pie to see quicker than the successful
consolidation above outlined. They pro-
| pose to oppose Legislation antagonistir TO
them. If legislation does not create or
control financial conditions, why such a
| declaration? If their interests and those
Of the people are Identical, why this nc
cesSity? When We see the banks thus
| playing double continuously will we sit
| W nv nd frs tn IN st n ed
the legislation whirh the farmers have
opposed and which the banks would con
| tinuc, and how has it been done save
through the old political parties? Who
carried out the foretaste of hell but these
same old parties 5 political measures and
| as the expressed voice of the people. Yet
| the great voting masses are far from be-
ing satisfied. How long will they sub
NIT to this selfimpoScd bondaSc?-'FUi
| inms, IN Ncrnld. (,fo.l Industrial Re
| rjPir.