People's party paper. [volume] (Atlanta, Ga.) 1891-1898, 1892-09-23
This is exactly what we demand.

Those limits are understood to extend
With us st present to $500, ,000-a
greater sum than would be necessary for
any war. But this, TIE ONLY RESOURCE
WHICH TIE GOVERNMENT COULD COM
MAND WITH CERTAINTY, the States have
unfortunately fooled away, nay COM
pletely alienated TO SWINDLERs and
sHAVERs under the cover of PRIVATE
EDlNKs."
70 81 q subsequent letter to the same
glnsleman on the same subject Mr..
JSnkterson says that the object of
State banks was to " ENRICH SWIM
Oilers AT THE EXPENSE OF THE
HONEST AND INDUSTRIOUS PART OF
THE NATION"
Yet you dare to talk to US of leav-
ing the principles of democracy !!
Judged by your platform and your
methods, the Democratic party Of
to-day knows less of Jefferson's doc
trines than & Japanese hog knows
about the Chinese religion. (Great
laughter and cheering.)
In bis Bekzelia speech Mr.. Black
denied that the Government let ma
tional LScc19kl have money at 1 per
cent. I nbH hand him the law =; I
challenge him to repeat his state
ment; If he, does so, I will attend to
him in my cDnclusion. (Cheers.)
Mr.. Black denied that Democrats
were responsible for national banks
+ propose to prove that they are. It
is true the Republicans passed the
bills to charter them. But the Dem
ocratio party has made no organized
attack on the national bank system
for thirty ye4s. Why?
1t means Either that Democrats
liked the sygl em, or that they did
not have til courage of their con-
victions. Either explanation damns
them.
Again, they have voted to extend
the charter privileges and the circu-
lation Am9sg the Democrats who
aid this~rEer.Y quit, Brown, Crisp
aid Candida
=
Agar " gyeland'g administration
wish s5ise the $346,000,000
gn Jh3 put national bank
no stead.
70 neland's administration
puv 90 of your money into
theo Ranks, free of charge, to
lendJtp 9,n thgiY4oWn terms.
Ageu 79VvToankers are high
in ajrp' esEaemocratic party.
AID gas against ther,
Is in the paFatio platform.
Now, Ishis proves that the
Demoora ra arty hates national
banks, t. "a " on earth would you
prove tn LOVED them? (Cheers.)
The Book says, "The Lord
loveth, =, II Reversed-Democrats
hate thos1 Of thNshom in legislation
they extend the choicest gifts.
They prove their opposition by
the concessions they make.
Their resistance by surrenders.
Have you defended our citadel ?
Yes. See the white flag over its
towers See the enemy rejoicing
within! (Cheers.)
Why don't the Democrats make
war on the millionaires and tie ma
tional banks, taxing the one on their
incomes and destroying the money
monopoly of the other?
According to official report, during
Cleveland's administration the ma
tional banks had paid $67, 100000 as
the aggregate of the l per cent tax
on the circulation based on the bonds
since 1868 up to 1888. What amount
Of circulation must they have had to
produce $67,000,000 at l per cent
why, $6,7O0,0O0,O00. That's the
sum they got the use of by paying |
per cent. Now, say they loaned il
out at s per cent how much did it
yield them? $536,000,000. Deduct
what it cost them ($67, O00,000) from
what it brought them ($536,000,000
and you have 100000 as the
net profit they made from this most
Infamous national rascality. Great
cheering.1
Remember that their bonds were
drawing interest in gold all the tine
that this interest was paid in advance
to the extent of $13,00O,000 during 1
portion of the time; that the bonds
paid no tax that Cleveland gave
them as high as S60,000,000 free o
charge from the tax money of tht
people; that under Cleveland they
reaped in the golden harvest some
| $6O,O00,000 as premium on these
bonds, and yeu have picture of class
favoritism such as modern times hay,
rarely seen. Cheers.
| Yet the Democratic party not only
proposes no war on this system
which Jefferson hated and jackson
destroyed, but wish to elect Cleve
| land. whose administration is on re
cord as favoring the burning up $346,
100000 Of greenbacks, which cos
the people nothing, and putting il
Their place an equal sum Of nationa
bank notes, which cost them, at 5 pc
cent, the neat sum of 27,680,000 pc
annrm.
ID the light of your present knowl
edge of our financial system, are yol
wiling to vote for such a policy
/ r. Girls Of no, and cheers.
j -. -. 4,