The advocate and Topeka tribune., 1892-09-21

many years from practical standpoint
He was no dreamer or Wild theoriat. He
uttered his sentiments in the senate
chamber. They were printed in the
Record. They were then revised by him
and placed In pamphlet form for general
distribution. ] have a copy Of that pam
phlet on the table before me. After two
years Of further consideration, practice
and observation, the senator again uttered
his sentiments In the same able manner,
warning the nation against the same
financial dangers as before. His sentl-
mentS were sgaln printed In the Record
They were again revised by him and
placed In pamphlet form for general dis
tribution. I have copy Of that second
pamphlets before me. Is 1t possible that
our present secretary, or that any Sensi-
ble man can believe that those able and
earnest senator's, Logan and Plumb, were
wrong, and that there has really been no
contraction Of the currencyFas compared
with the population, since 1867 Is It
possible that the general fall Of prices,
the increase of bankruptcies in business,
the prOstratlon Of agriculture, the de-
preston Of labor, the losses Of the
peoples homes through mortgage fore
closures, and all those evils which
uniformly result from currency con-
traction, must now be attributed to other
causes? Mr.. Secretary, in my opinion,
you are testing too severely the patience
and credulity Of trusting and long suf-
fering peoplsl King George and the
slave power committed similar blunder.
King George and the slave power dis
like frost in the bright sun
shine. They tried to save themselves by
laws and physical violence.
Both failed. Then, If the events Of his
tory prove anything, why should the
MONEY POWER of to-day hope to save
itself by reprsssive laws, Plnkerton bull
lets and the hanging Of American citizens
by the thumbs, while the screws Of con-
traction are still tightening on the vol
ume Of the peoples money!
King George made his history. The
slave power made it's history. The money
power in this country is making It's his
tory. In each struggle there were friends
and foes of the people. Mr.. Secretary, |
beg Of you, take sides in this contest so |
that your posterity will read your his.
tory with pride and pleasure! Do NOT,
beg of you, help to throttle the pros
perity and liberties Of q great and glo-
rlouS people, in this greatest struggle Of |
all the ages
On page A Of your "letter" you say that
you are unable to find the 1905 among
the items of circulation In Secretary Nc
Cullough'S tables Of 1865 and 1886. But
on page Of your "letter" you give q Ia.
bic from Secretary McCullough's report
of 1865, in which l find eighteen varie-
les Of "public debt" This table In
;ludeS interest-bearlDg bonds, registered
md non-registered; 1905; United States
notes; fractional currency, etc. On the
anne page / find another table of the
public debt for August 81, 1856. In that
able, also, are 1905, United States notes,
fractional currency, etc.
Il appears from those tables that the
,eople are using a part Of the public debt
or currency or money. The question
rises, then, what partS What portions
Il the public debt can and do the people
Ise as currency? Evidently that por-
inn mr. kh0aa marta which can ha naarad