The Caucasian. (Clinton, N.C.) 188?-1913, 1892-11-17


ee alton is 10 con centrate wealth in
II. lands Of the lew.
declare ina. the Government
-. Id MAKE It's own money. What
"a, Clay.
INVITING that the Government
vi. receive in payment
of fblic dues is mo1ey. and good
mo y, no matter what its form may
be
lad the opinions of the men who
N 'e this country what 1t Is, and
iun3. VINO is right:
ANY person holding any office. or
any stock in any institution in the
nature of a bank for issuing or dis
counting bills or notes payable TO
beager or order, cannot bes member
of the House whilst he holds such
Office or stock" Resolution signed
by President George Washington.
The right of issuing paper money
d, currency, like that of gold and
sill er, belongs exclusively to the ma
ton" ALBERT Gallatin, Washing
toms Secretary of the Treasury.
ION the whole, no method has been
formed to establish medium OF
trade, in lieu of coin, equal In all its
advantages to basis of credit, found
ed OH sufficient taxes for discharg-
ing it at the end of time, and in the
meantime made general legal ten
der" Ben. Franklin.
.'Bank paper must be suppressed,
and the circulating medium must be
to the nation to whom it proper] =
belongs. It is the only
resource which cam never fail them,
and it is an abundant one for
every necessary purpose. Treasury
bills, bottomed on taxes, bearing or
not interest, as may be found nee
easary, thrown into circulation, will
take the place of SO much gold and
silver" Thomas Jefferson who
drafted the Constitution of the Unit
ed States.
"Funding is simply robbing the
people on grand scale. Jefferson.
"Why compel the people to pay in
terest on government credit through
the bank, when said credit should be
extended direct to the people with
out interest" calhoun.
Bank paper is cheap to those
who make it, but very dear to those
who use it. On the other hand,
national currency, while it would
greatly facilitate It's financial opera
tons, would cost next to nothing;
but would give to every branch of
industry great advantages. And
now [ undertake to affirm without
the least fear that [ can be answered
that paper can be issued by the
government with the single promise
to receive it for dues, which would
form perfect circulation which
could not be abused by the govern
ment; that it would be as uniform in
value as metals, and 1 shall be able
to prove that it Is within the consti-
tuition and power of congress to pro-
vide such paper, according to the
most rigid rule of constituting the
constitution. John G. Calhoun.
'"The government ought not te
delegate this power Gssulng money
if it could. 1t is too great power
to be trusted to any banking com
pany whatever, or to any authority
but to the highest and most re-
sponsible government" Thomas Fl
Benton.
II affirm it as my conviction tina
class laws placing capital above la
Dor are more dangerous to the repub
lie at this hour than was chattel sla
very in the days of its haughtiest SUI
premacY. Labor is the superior Of
of capital, and deserves much higher
| consideration, abraham Lincoln
my agency in procuring tn
:. passage of the National Bank Ac
was the greatest financial mistake O
my life. 1t has built up a monopo
| ly that effects every interest in th
country. 1t should be repealed
But before this can be accomplished
the people will be arrayed on on
side and the banks on the other, in
contest such as we have never seel
iii this eountry.-Salmod P. Chase
'>There is gathered around tn
capitol OF this nation a gang of pi
rates, who Numbered successfully a
the doors until they have driven thi
government to the most preposterou
acts Of bad faith aud legalized rob
berry that ever oppressed free ma
ton since the dawn of history
O. ?. Morton.
'lf by any process all bushes
were compelled to be transacted OF
a coin basis, aud actual specie paw
ments should be enforced, the Who'll
civilized world would be bankrup
before sunset. There is not coil
enough in existence to meet in speci
one thousand part of the CONNER
cial obligations of mankind."- Jno
}. ingalls, in the Senate, Feb. Is
: 1873.
800 REWARD 500.
i. The readers of this paper will b.