Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-09-12
Col. Dunn's Remedy,

Editor OF the Gazette.
DEAR SIR ask that you give space to
the following article il your valuable pa
per, which is intended for good to the en-
tire family of the United States [ learn
from your paper that Mr.. Chiffon is adyo-
eating state banks as circulating medium
for money. / lived through u state bank
ing system, and for one can say | never
deire TO leave such legacy TO the rising
generation. Its faults are legion. ] will
give you two instances which viii suffice
IN 1856 | was selling goods at Tazewell. c.
H.. Va, which is two counties remote from
Tennes -ee. A man left Tennessee with a
herd of cattle bound for Lowden county.
Va, taking Tennessee money to pay bills
ON the way, stopping, TWO miles from
Iazcwcll {. II. for the night at one James
Peery's In the morning he offered his
Tennessee money i'll exchange for what he
received. Peery said 10 MIN he would not
take his money. The drover asked him 10
go up town with him and he would sell his
Tennessee money for Virginia money and
pay him. They went to bank, (state) the
cashier said we don't want your money,
we can do nothing for you. The drover
then was sore perplexed with the state.
bank system and exclaimed, my God, wifi
[ be compelled to leave my herd andsgo
back TO Tennessee for money to Peg my
bills WITH He then remarked ITO the
banker, is there no man in town that Will
accommodate me? The reply waS, prohE
ably the firm of Dunn & Bro hight &C.
commodate you, if they don't you necdn.t
try any further. Accordingly he visited
my firm and made his wants known to me-
saying | want you to accommodate me il
possible. My answer was, | will ndeavor
to do SO. The preliminaries were arranged
and he asked ME, what are You going to
charge me! expecting to be charged p
discount. NV rpY,ly- H.,
know the difference between Virginia and
your Tennessee money in Philadelphia,
Yes, he said, it is 8 per cent. Well, said I,
that is all | am going to charge You. 4
heavy load was lifted from his mind, Ste
received about $500 in Virginia money, sfaid
his bill and went on his way rejoicing -
the spring of 90 | went from EEeae to
Virginia, collected $1,000 in Virginia money..
was forced to sell it to some shaver foIu
gold, for nothing else would go in Texas.s
but could find no shaver to buy it. l weaiSs
to Knoxville, Tenn, stepped into q 1jstatas
bank. remarking that l lived in Texss ,aad
had some Virginia money l desired to ex-
change for gold. The banker stared me in
the face and at last said: Didn't you once
live at Tazewell Courthouse, Va. p. s"ves,"
said |. do You remember accommodating
a cowdrover with Virginia for Tennessee
money! "Yes," said l. Well" said he
Il am the man, and You can get what YOU
want The matter was closed, and l
asked him what he was going 10 charge me-
do you remember what you charged me-"
Yes" said l, - per cent ''Wel,'' said
he, THAT is what l am going to charge
you" Perfectly satisfied was I, and I
went on my way back to Texas rejoicing.
So much for state banks-a brokerage all
over the land to sap portion of the hard
earned dollars from the owners pockets.
God forbid we should ever have state banks
any more. Let us have a United States
currency, good all over the Union, as it is
to-day The great fault is we haven't got
enough per capita, and the principle upon
which it is issued is not Just to all man
kind: and, as we need a change, would
suggest the following basis for the circulat-
Ing medium:
!. Let the government issue all the bank
bills. Then for the plan OF putting same
in circulation. The government can safely
put out $50 per capita to each county in
each state, saying to the citizens: ''Send up
a good and clear mortgage of real estate
for the amount of money your county is en-
titled to and we, the government, will
furnish you three-fourths of its value in
United states notes for circulation, allowing
you to loan said notes at per cent per an
num- Then per cent interest will pre-
vail throughout the United States, the3
bankers not being allowed to take mort
cages on anything, but load on personal
security, paying to the government l per
cent of said interest 10 pay expenses With
leaving the bGH, ~ =. per cent Or
their service =; as act Eou will taket ~
fat:-.t5' L . :.ym. tnc lions mouth and