The great West. [volume] (St. Paul, Minn.) 1889-18??, 1892-03-25

Is taxes are collected. Then the land
will not be accumulated by corpora
tions, but by government
In regard to flexible currency there
is but one class of property hat could
be used for security. The expansion is
required for only few months It's
retirement is then desirable. Money
could not be loaned on land for six
months. It is not desirable to do so.
1t can only be loaned las it is now
loaned at enormous rates. ON the crops
which produce the condition-and re-
tired when sale. relieves the demand
As to insurance, safety, and all the
conditions thereof. the relation would
be precisely as secure, and as feasible
as at present-and vastly more just
In fact, it would destroy one of the
most gigantic syndicates of despotism
known to humanity-the control Of the
food products. Great West
At the risk Of appearing egotistical,
or becoming tedious, shall publish.
once more before the conference, the
following platform: 1t is at once a
combination and a compromise, and is,
and yet is not, sub-treasury platform,
dispensing, as it does, with the ware.
houses built by the general govern
ment and leaving each state to provide
a system OF bonded warehouses and
state inspection and grading. It en-
bodies the land-basis feature of the
sub-treasury plan and combines the
essential features of the non-perish-
n h1o OF; 1oks ~
with the Hill banking system, and yet
it gives to the peoples banks no more
powers or latitude than is now given
to national banks by United States
statute:
L. (a) The right to make and issue money is
sovereign power to be maintained by the PEG
pie for the common benefit; hence we demand the
abolition Of the national banks, and as sub
stitute for national bank notes we demand that
legal tender treasury bills be issued in such
volume as may be demanded not to exceed the
present assessed value of improved, productive
real estate, such bills to be legal tender in pay
ment of all debts, public and private, and wher
demanded by the people to be issued to them at
rate of tax not to exceed two per cent. per an
mum upon improved, productive real estate, in
sums not to exceed the present assessed value
of such real estate.
(b) We further demand the establishment of
United States postal banks in the cities and
principal towns, which said banks shall be
banks OF deposit, exchange and discount, and
loan money at two per cent interest upon per-
sonal security and upon storage receipts for
non-perishable products issued from bonded
warehouses and elevators by state inspectors
(c) We further demand that the treasury
bills heretofore specified shall be not promises
to pay, but promises to receive, and shall
read as follows: "The people of the
United States, severally and collectively,
promise to receive this bill in payment Of
all debts, public and private, and in ex-
change for labor and products and
shall be fundable in United States savings de-
posit certificates of convenient denominations
interconvertible at the pleasure of the govern
ment or holder, and drawing a rate of interest
not to exceed one per cent. per annum
(D We demand the free and unlimited coin
age of silver, upon equal terms with gold, and
that silver coin be made full legal tender in
any amount, for all debts, public and private.
GEORGE G. WARD.
N. BIN Kansas the assessed value of real
estate is about One-third of it's actual value. In
Missouri it is about forty per cent