The Goodland republic. [volume] (Goodland, Kan.) 1891-1907, 1891-11-06
noN-PARrlsAN.
So the Mercury Dec ares the financial
Problem to BE.

So ths Mercury dec ares the Financial
Problem to BE.
Senator Coke. last summer. In 3
letter to the Milan County Farmers
Alliance, d snounced the Alliance sub
treasury plan as Unconstitutional
visionary and revolutionary" A few
months aiterward he introduced q bill
into the United States senate permit
ting national banks TO loan money to
the people on real estate security. This
showed that he had been investigating
and had found that the Alliance de-
mand for more money was an impera-
tive necessity. and being progressive
man. proposed his plan as a substitute.
In discussing these plans every man OF
sense will admit that no partisan poll
tics or prejudice should enter in the
remotest degree AS the Coke and
Alliance propositions bear iden-
tically the same relations TO tho
Constitution. the discussion OF them
is necessarily uon-partisRn. Blaine
and Bayard are partners in n railroad
Ex-Governor Brown, OF Tennes ee
and ex-senator Platt OF New York. ur
TO Browns death, were partners in Il
large coal and iron mine in 1ennes-
see Often. too. we sec banking and
other syndicates with Republican
presidents and Democratic cashiers.
or vice versa Why should not
the common people adopt the
same methods 10 discussing their
financial problems? IL this spirit
we propose to discuss tho Coke
and Allianse plans Under the Coke
rlan the government furnishes the
banks money at per cent per anuum.
aud the banks loan the people the
money Mt whatever interest the bunk
ers may determine. say 10 per cent
the legal rate To put 81, 0OO. 900, 900
in circulation under Cokes plan will
cost the people $500. 600 900 annually.
of which the government gets $780,
600. 900 and the banks $270. 600. 600.
Now. placing the expenses of running
these banks at $10. 90. 0O0 leaves n
clean profit OF $3.50. 600, 600 to the
bankers every year. The expenses
and profits growing out of the
Coke plan would. like every other
debt be paid out OF the pro
ducers' earnings Under the ALI
ance plan it would cost $50, 900, 600
annually to keep s.. 600. 900, 900 In
circulation, every dollar OF which
would go into the treasury OF the peo-
Pile We will presume it will cost
$40 600, 900 to transact the business
Under the Alliance plan there will be
an annual saving of 5000, OOU 700 to
the government which would relieve
the people of tnRt amount of annual
| taxes besides it would re suit in an an
nunl saving of $3.50. 900 900 to the
| people direct The question rs to
/ which plan is the most desirable to
/ tho people is fully answered by the
above i.gures- Demagogues are the
only class who try TO bring partisan
pre- Judlce into such discussions and
denounce this that or the other, as
uadcmocratic or Lnrepublican. Any
{ business man or concern who permits
{ demagogues TO sway its operations
I exists by robbing the people or will
prove a failure. We trust our readers
will discuss these great questions rs
business men and not "a partisan poll
ticians The Mercury doesn't cnre
one fig what political party ono may
| belong 30. Officially it treats them all
as American citizens, c .ually. alike
honorable and only asks everyone
when discussing the plans that have
| teen or may be proposed. 10 do 50 as
American citizens and with IA determ-
nation To find tho best solution and
enforce 1.-THE Southern Mercury.