The Caucasian. (Clinton, N.C.) 188?-1913, 1892-05-19
FOOLS AND CHILDREN OFT
I:S ASA OF E>TioNS NO
BODY Gan AS~Af EIs.
Soldiers aud sailors Fight and
PAY the I!ilis--EankeTs aud
Gold Bugs scheme ana
Reap the I'rolit>--fake
Your Medicine.
son. Pa, what IS = war debt?

/ Son. Pa, what is i war debt?
/ Father. H. il part Of the cost oI
the war, my son, that has not beer
paid.
=. Who paid for the war?
r. The government, my child.
=. Where did the government
get the money to- pay for it?
f. = rrowcd some Of It from the
/ bankers and made some Of il.
Is How much did tie govern
me I borrow of the banker?
+. About $50, 600, 900.
S. Was this all gold, Pa?
+. No, my son, about seventy
million dollars Of it was god and
silver, the balance was paper money.
S. How much did the WaI cost,
Pa?
+. Nearly four thousand million
dollars.
s. Then, where did the govern
mcnt get the rest Of the money to
pay for the war?
+. II made It, my son. The
grccnbacbs which you see re gov
efnmeHt money.
S. Who did the government pay
the grcenbacks to"
+. TO the soldiers and sailors
and the men who furI iohCd them
with provisions, clothes and guns.
S. Does the government oWc the
soldiers and other men anything?
i. No, NY son, it paid them in
greenbacks.
$. But who does The government
owe the war Ucot to, then?
+. 70 the bankers and bond
holders.
$. But you said these men only
loaned the government one hundred
and fifty million dollars?
+. Yes, that is all.
S. Why did they not loan the
government more?
f. They didn't have it, my son.
S. How much does the govern
ment owe the bankers now?
f. About ten hundred million
dollars.
S. How much has the govern
neut paid them?
f. About four thousand million
dollars.
S. Pa, did the bankers 10 any
fghtin'?
+. No, my child.
S. Did they furnish any food or
clothes or guns?
+. They do not work, my son.
S. Well, then, if they only loan
ed the government one hundred and
fifty million dollars, and didn't do
any fightin' or furnishin', and the
has made the money
and paid the soldiers and the other
men for DOM these things, why has
the government paid the bankers
four thousand million dollars, and |
still owe them one thousand mil |
ion, when the banks only had one
hundred and fifty million to star |
With?
F. [ don't knox, my child, this
5 too deep q question for you and
re, you had better go to bed now,
md SO to sleep.
S. But, pa, the Republican party
claims the glory of puttin' down the
var, and it they paid the soldiers
With money they made, and didn't
borrow the money from the baUk
RS, and then have to pay the bank
rs over five thousand million dol,
airs to boot. / don't see no glory
II it, do you?
F. Oh, L guess 50, my son, we
.On't know anything about it, me
oW ana go to bed, Pm tired.
5. But, pa, we Ort to know some
hing about it. It's part of our
lOney aint it?
+. Mary, come and get tn s boy
nd take him to bed, he's worrying
he life out of me. (Wite come and
axes the boy to bed.) e
f. Pm afraid if that boy keeps
II he'll be regular communist or
narchi5t. it does beat anything
ow such ideas get into a youngsters
cad. But after all it does seem
title strange that after paying The
oldierS tor fighting, the citizens for
2eding them, and the factories lor
urs and ammunition, we still have
} pay over five thousand million
ollars to men who didn't fight or
lrnisn, and only loaned the govern
tent one hundred ami fifty millions.
here must be some thing wrong.
IL ask Major MckiHley.- National
etolm er.