The Caucasian. (Clinton, N.C.) 188?-1913, 1892-06-30

,ks,.t ~ vgs ais-sseis fsssftity Alliance ht the
,,.,ti,x.,Ei An TAI ,sdtssl ,'tsss4. iIai gfIf
:, go. i,,.Lit l--I--+- 20 bsL'
"a tf WHITE tssg UsfoS:. :,
ounheE ,iaion meeting Of the
Psub AllIahees Of ,salHp sor eoun-
IN and .others thar lcoh pose
White Oak Eaioa are reanested
TO send a. fnli; delegation tcI ~
I7ntong IHeeti M, held AaW He
OAK! On hesst htday, che, 9Th "f
Jd1y. befafe the SECOND, S Sunday.
| 9 uuestionA OF Importance will
he, discussed ~ PubHc pSps&king
|byl Marion ,Butlery Prsstdent 81,
state nlliarce;and T.. 5. Locker.
mani All are redn ,H'f1 S 4 t. AT
/ / Sf -. ~ D.b'WvEESSss', Secretary:
'-t,n,ra,su ,g,Gorr-t i iseGn- -
SENATOR PEFFER's PLAN. ~, ,1
In the Inter. Ocean Of April
,3lst tho, following sostsunl ca
tions appeared on banks and
! . 'rSIfEfBy sr n ssESAt -
+"c 'WashiBgtonBD, 'E., March 16;l
r. Replying tSy6hf reiGest un5
fdsrr6ate'6f ep5Sh Instant inl
ttehtftJn tortheo sdppPyiifg' the
flace Of IA tiDnAl bank cifcHfa-
Itien,oIuihave 40 say IthatIfn my
own iaagment 1.-The bess'sutsti-
lutte is hat, the peoplesR' kanu
San favored fourteea years ago.
namelyJ,U nited,t !StataHu notes.
comm only called gresnbaekssnfor
as you, r kEGY,,1 national nhaak
notes, are redeepablet cG4i ned
States, notes,o H. t44iiI9|ksisEoq9,tta.;
.bs, we'll II Ab4li7he the WlAIele'
I,syStSslml 81 Ct b fet p5atts lss4s55y Aa
'bank ing Institution ,Shpplld.gR Re
F bdfnihnitted to '' ISSUE panytTipg,
tWhicf isto' 81. used IS 1egalten
Raef il Shey Unless tile fissue IS
4'sn ppoftedby 1.-THE power and the,
(matetial used whatever it may
fbe, 1shouidonet Tie 'redeem BE in
| an .lc1t} ought to Igy ote I'd
the people as morley full fedgl
ed. ready for duty, Mithout-aay
weight or impeachment or condi-
lions Of any sort, whatever.
What we use as money should
be absolutely free from all con-
ditions, so that there could b.,
no "runs" on banks in time of
stringency, and no panics beS
cause debtors are unable to OBJ
tain legal tender money. | bel
lieve that the time has come to
nationalize our money. We took,
one long step in that direction.
when we adopted our national
banking system. We taxed State
banklnoteS out of existence, subj
stituted5a4national currency for
j purely local currency; and if
was onlyDa short time after en- !
barking gin this new enterprise
, tntilG we discovered = that. thg
bankers of thHJ ecouutry gwere
masters OF, the. financial situa-
4 tom g We find that instead of
.serVing the,Ipeopls they served
4 themselvas. LGIM4s82thBreew ire
1886 ,00OgOo0 of! bank aDta earc tf'
l Ilations Since pthat dtilnel a 30 nt
] S24e,OQ00Oertof itL bas. been re
| ;tired, not because the peuple:dia
fnot 1eed the money, butbe cause
Ethe banks realized aprofit from
the sal h. OF !their bond atIat qres.
/ 1aiu m+the thouds that 6hey1Iad
: deposited:E aB sseou1dty for ciIt u.
3atianJ Our e1perienNe thai
efgother NATIONS hasbbesntAat
baadnggorporati sare private
schemes Box lprofa to, individual
persons. and our observation has
taught US that there is only one
safe way to avoid the dangers
to which that sort of financial
management subject us; that is
f,foudile nation itself to prepare
tits aWnImopeyya eNery dollar of
,itc iss:: ,htto sne people direct
idy Through goversmesitlagencies 5,
]IWitol EyJ Wit houtJd he' ussahf In
1rtepy emit om eb bank ingslc0fpefa I
Observation-Disclosures J.!
FAtauIunderstaal tuUmtAe!f6re-
going that Z Observation-Disclosures b.
stitute United States notes, or
treasury notes,,tif you choose,
for natioask BANK notes as they
ti are fbsdjnpg rEstiredd,c but l would
Is s111 ssf l} thatL spit Of, lpgqney
10: All b2IaSih}k issues; apaI ;MQald
( do e'' Yep m MORE than thai; 4 would
I nItoSt III MAKE Iff mp60ney 0pt eof pEom5se
e e ESay; IF, that 1 Is ht ta tsSay,rleyeBld
ttn n9t1R8lr1f}T9ef 2lEH t Egromtlsssu TO pay
J {lH EfoHey ~, as9lq qe Gahh rtHatppraMlse
/ h 1h!}f yy;'s9Ep d Wppf yyse ss plAce
s 9t Jp{afpYe1r shest ere rps !,
fSsIIf1YieeEEs . 9 aHd make qa taHey,
;;tpE f o Kiaa|g E. fhe 1bKHsnhat is
aa nlbns e s!lifSjs hat ,Ihsst ppts
tt xf9SS 1qJffIdSSh s the efea is aad tfe
f Ee d5I St az ttaheeuP :behipd
s9 1a MbonHeyi, f BHl1tff n Wab VIII have
goolqq and si ~ ffi Apd 2aRsF ct par
~ 3n e1.S W tIII t4e 1th 1iaend that df
wS niyT l9 rfa9cf rates ST interest
cow ntS 70 ntthhe 11eFfl Iof rpEeft on
b iaaPoP, g. ,tn AT rebht CAP max etss
tl lnjnS9 money l1I AqtrplRg arcelsak-
Fs sHmIn1thIng or fiaafrpentaeripp
ut ! ~ p " as a91hp9 menssa ypbsiF1
c - s Il Sas sq9r1fgnfEsa b9unaq heaa1