Indian chieftain. [volume] (Vinita, Indian Territory [Okla.]) 1882-1902, 1891-01-08
FARMERS ALLIANCE.
NEWS OF THE MOVEMENT,

NEWS OF THE MOVEMENT.
The people must care for themselves.
The first step toward this Is education.
Economist.
Congressman Picliler, OF South Da-
kota, introduced on the first day Of the
session bill providing for the free and
unlimited coinage Of silver. lie pro-
poses to urge its passage vigorously.
Letters, telegrams and resolutions
were received from nearly all parts Of
the country asking for the next annual
meeting of the Alliance. II was left IN
the hands Of the executive board 10 de.
terrnine that question. Economist.
The cincinnati convention, called by
petition circulated at Ooela, during the
Alliance convention, has been post
poned. The date fixed was February
~, which was considered too early and
confiicted with the meeting of the Kan
sas and other Legislatures.
There is no ground for the claim that
Alliance principles are not clearly de-
fined. The English language could not
more clearly express their meaning at
no greater length. And Alliance mem
bers are everywhere united upon these
principles. They will win. = Econo-
mist.
The most dangerous of all despotisms
Is the power that holds in its grasp
some indispensable economic resources
Of nation, and makes II tributary TO
individual promotion and emoiument.
HumaPity must be different from what
we have seen 1t to be, or freedom and
Justice viii surely sink together under
its power.-Pacific Union.
The National Citizens Alliance has
begun operations in manner that seems
10 mean business. The first number of
sts National organ was issued January
L. Already applications for charters
and inquiries concerning the organiza-
sion are pouring in. II is bound to be
success. Those desiring information in
regard TO this order can obtain il by ad-
dressing Ralph Beaumc ! Washington,
ID. c.
Mr. Banker gets 35 per cent. interest
on all the money he has invested in
bonds to secure his circulation He de-
posits 500 and draws back on that 500.
Then he has but $40 invested in his
bonds But he gets 81 per cent. ON the
whole 500 of his bond. Now 81 per
cent on 500 is precisely s5 per cent. ON
$40. Hence, as aforesaid, Mr.. Banker
gets s5 per cent interest on every dollar
he has invested in his security bonds.
II this is not true, let him who denies it
show the error in our statement. Plain
dealer.
"All our political disasters grow log
ically out of attempts in the past 20 do
without justice as the sinking of some
part of our houses comes of defect in
the foundation. One thing is plain; A
certain personal virtue is essential TO
freedom; and it begins TO be doubtful
whether our corruption in this country
has not gone little over the mark OF
safety, SO that when eanvassed we shall
Doe found made up of majority of recl-
less sef-seekers. The divine knowl- !
edge has ebbed out of MS, and we do not !
know enough to be free. Ralph Waldo |
Emerson.
All sorts Of subterfuges are being pro- |
posed TO keep the Government from
issuing money direct to the people, and
they all come from those friendly to the |
money owners Every proposition so
far contemplates either bonds or the |
payment of tribute To the banks. Such |
craftsmanship will not merit the APP
proval of the people, and if persisted in
viii result at the next election in
much worse disaster than the one iust /
passed. The people demand an in
crease of currency issued TO them di-
rect, without the tribute that for
twenty-five years they have been com
PEELED TO pay. The party, or parties,
who permit this demand TO remain un-
needed will be hurled from power
never TO return.-National Economist
Representative Dorsey, he that was
showed under in Nebraska and is chair
man of the Finance Committee, is in
favor of issuing two per cent bond
running fifty years as the basis for
National bank issues. lie says that
$500, 600, 600 would be taken in weeks
time. This is shining example of eon-
sistency. The banks are now reducing
their circulation under the plea that II
is Improbable. II it is Improbable TO
issue currency on a four per cent. bond.
how is 1t made profitable by issuing on
a two per cent. bond? The whole thing
is a fraud. The banks want to realize
the immense premium that is being paid
on bonds, and at the same time control
the issue of all money TO the people.
This is the plain truth in regard to the
matter, and the people should loudly
protest against it-National Econ
nr.aiaA