Daily tobacco leaf-chronicle. (Clarksville, Tenn.) 1890-1895, 1892-12-06
Uncle Sans Duty.


Cincinnati Post: The monetary
conference at Brussels is being close
ly watched by the civilized nations
of the world. Happily, Uncle Sam
has no reason to be ashamed Of his
representatives. They are equals Of
their confreers in every equipment
necessary to an intelligent discussion
of the questions involved. The
Banker ROthschild, representing
Gladstone's Government, enuuciaied
a proposition which has received the
elaborate attention Of the various
news gathering agencies throughout
the world. He suggested that the
European countries represented at
the conference purchase collectively
$25 ,O00, 900 OF silver annually for five
years, on condition that the United
States continue its monthly pur.
chases OF 81, 000, goo ounces. The con-
dition is added that if, in the course
of five years, silver shall reach the
price OF 43 pence an ounce, the coll
jective purchases of the Powers shall
cease. The banker characterized his
plan as palliative, and intimaied that
if it were not adopted panic would
0Vertake The commercial world. Any
solution Of The veXed problem
emanatiug rom a member of the
Rothsehijd family should be looked
upon with suspicion. Since that day
in June, 1915, when the morning
rain drops changed the map Of
Europe, the Rothschilds have been
kings of the financial world. The
founder OF the great house had re-
lays Of cOurier5 from the field Of
Waterloo, and when the news came
that the Old Guard was shattered
and Napoleon flying toward Paris,
he was first to receive it. But to
him alone was given his accurate in
formation. London was told
that the Iron Duke W&s
beaten. A panic ensued. Par
stocks dropped 80 per cent. Men fell
dead in their frenziCd haste to sell
for Il shilling securities that called
for pound. The bottom had fallen
out of everything. Even the eight
little islaudp looked as though ii was
submerged in the sea, Amidst this
agonized excitement the ancestral
banker continued buying everything
offered. Thus on forged dispatch
was founded the most gigantic bank
ing house Of the world. 1t is not an
exaggeratiOn to state that the COM
bined wealth OF this family is one
thousand million dollars. In all the
centuries preceding the nineteenth
never was such treasure the posses
sion of one family. The query is
pertinent: GLOW were these riches
aquired ?' BY banking. What is
banking? 1t is looming the govern
mental media ot exchange for a
profit. The variable nature of that
profit is dependent upon the lenders
surplusage and the borrowers ncces-
sity. Texans pay eighteen per cent.
per anuum for the use OF money,
while call loans in New York can be
had ut IL and per cent, the security
in both cases being equally good. ln-
terest increases Is the circulating
medium dimiui,hcs. The converse
of this prediction is also true
Therefore ii is 10 the interest az the
banker to restrict the medium aud
enlarge the profit The Rothschilds
should not be allowed 10 solve this
ouestion. "But," you say, Gwen
from the mouths Of babes and suck,
,ings wisdom comes FORTH The
wisdom that comes from Inc mouths
Of babes il poetic1I a d m'Iaphorical.
The solutions OF the financial prob.
lem that come from tho'mouths of
Rothschilds may be sclh.uminous,
lint they are never selEd,ceiy'd, and
are always self-inlertsted,