The Ketchum keystone. [volume] (Ketchum, Idaho) 1885-1899, 1892-05-28
An Indicator.

An Indicator.
The following circular issued BY
bankers to bankers is . correct
indicator of the aims and pur.
poses Of the money power Of this
as well as of other countries. Such
statement from such a source
should incite the people Of this
country to preparations for armed
resistance; but we will be candid
enough to confess that we do not
believe it will. To our mind there
is no possible way out of the tangle
we are in except through civil war.
OF course this view is pessimistic
and unpopular; but we have lived
through one war, and witnessed
some of the events that preceded
and led up to it. Greater evils,
greater dangers are now in course
Of consummation. They have been
planned and are being pushed by
a power that never yet faltered ex-
cept at the lannon's mouth, by a
power that has always bred disrup-
ton, anarchy and then slavery since
history began to record the deeds
and the downfall of men and ma
tions-the money power. It is
growing in insolence and power in
this country more rapidly than in
any other. Already it dares to call
itself ruler" in a land that boasts
of its republican government and
the freedom and self-rule of it's cit
liens. We have tamely submitted
to it's demands against our property
and to it's infringements upon the
principles of our laws and our con-
stitution, and have even assisted
them in their work by voting them
land and money subsidies and by
adopting amendments proposed i'll
their interests to our constitution,
and by electing their tools, agents
and employees to make our laws,
until we have become the victims,
as much of our stupidity as of
their duplicity.
We have the ballot, to be sure,
but there is such a thing as a peo-
pie becoming so involved in the
meshes of their own folly and the
cunning of their foes that extrica-
ton becomes impossible. The bal
lot is useless then, and the entan-
clements must be cut with the
sword. What then? Does relief
follow? Temporarily, yes; but not
permanently. II the latter is within
mans reach, which we doubt, it
must come through higher and
more perfect education. Without
improvement in this fundamental
problem of civilization little ad-
vance can be made, freedom cannot
be maintained, because our 80
called education is not enlighten-
ing; it is absurd. 1t is persihage.
We teach things that are meaning
less and valueless things that we
do not know. We teach things ap-
pertaining to world that SO far as
We know is purely imaginary ;
things that can by no possibility
benefit us, and that have no prac-
teal relation to life. We shilly-
shally about things that are specu-
lative and transitive, and throw up
our hats in an idiotic frenzy when
ever a demagogue as ignorant as
ourselves makes a wordy speech
before us, not knowing that he is
an instrument in the work of sap
ping away our liberties. because we
have not been instructed in the
principles of correct craftsmanship.
Pursuing this course the nature of
our government has already under
gone such change that its foun-
ders would not know it could they
return to life, and that change has
all been in the direction of the cur
tailment Of human rights and hu-
man liberty, and is the work of the
money power-a traitor to all coun-
tries, and totally given over to self:
WALL STREET, New YoRK,
March 81, 1892.
DEVELOPMENTS abroad this week have
been quite as important as those at home.
The appointment of a receiver for the
bankrupt speculative banking house Of
Murfieis & Co. ends long agony among
capitalists aud is long step towards the
1nal liquidation of England's latest tinan-
cial folly. The Continental crisis which
has long been pending seems to be at hand
The failure Of leading banking house
at St. Petersburg few days ago, the sus-
pension of Paris bank to-day, more in
tense financial distrust in Spain and Por-
tugal, and the political complica lions at
Berlin, all point unmistakably to eli
max of the wrctched condition of finan-
cial and political affairs that has existed
upon the Continent for years.
1t is not to be wondered at that the
American market, no matter how sound
and healthy it may be, should stand still
in the face of these events, and others OF
which they are the precursors.
London, having relieved itself of sur
felt of securities By extensive sales OF it
holdings of Americans, and by 90 doing