The great West. [volume] (St. Paul, Minn.) 1889-18??, 1893-12-22

thus governing aristocracy Of money rules at Wash
ngton; and the grip Of strangulation and death to
publican institutions and individual freedom is strang
ling the nation unless the people rise il their
lated majesty and declare IN thunder tones thus far
shalt thou 90, but no farther
Judge Martin, in his money Of Nations says:
The powers that defeated the plans Of Jefferson
and Madison in 1876 those Of Jackson in 1922 1890
1881, 1882 and in 1885, and the measures Of Tyler in
to defeat the great for the Of
Union. They found many faithful devotees in both
houses Of congress These expressed holy terror at
the idea Of having the issue money when it
had done at different times from 1912 to 1857 OF
making paper money legal tender when the notes Of the
Bank Of the United States had been legal tender for all
debts due the for forty years. when every
treasury note that had ever been issued by the govern
ment had been legal tender for all debts due the gov
ernment and when the law of 1885, then force made
silver and treasury notes legal tender for all debts
But the very existence of the banks absolute
necessity needed to secure the control OF the nations
money as q fulcrum by whichto build railroads, land
water light and other monopolies and through the
ganizatOn OF well paid politicians and political rings to
them in the peaceable possession Of the machn
ery OF usury taxation and other avenues to wealth and
power
All this and more it has secured It's whole history
proves it to be the most centralized enemy OF general
industrial progress and more potent for evil than any
other money organization at present in existence This
tremendous power working day and night through 1ts
900 branches of usury and political influence protect
ed in it's every movement untaxed and nsoent by the
laws Of the country, which laws it also defes is simply
irresistible and, if not destroyed it will engu the lib
critics and destroy the Constitution Of our land.
The banking law of 1868 restricts it's benefits tC
associations OF five citizens, native foreign
who must deposit bonds in security for the currency
they receive from the government for circulation They
must have no lese than $4,000 capital thus shut
ting out from the benefits of the business nine enths
the people of the country butt for Shyocks sake opens
wide these benefits to all foreigners who belong to TIN
gold bug guild.
By the passage OF the legal tender act OF 1892 NUT
Hated in the interest of in the senate the treas
notes refused the power to pay the duties
bonded imports, the interest, it became DUE OF
the bonds They thus mutiated at the stern com
mand of the of the paltry of 1858 900 OO(
OF gold, that they ngloriousy refused to loan the
country in it's extremity This they did foreseeing thai
if the greenbacks should continue full legal tender
their money occupation would At the same tim
the very large imports Of supplies and other goods
greatly increased the demand for gold to pay duties
The scarcity Of gold and the large and mperous de
mand for it raised the price, that in few months 81
of gold worth 49, IS in greenbacks. Now came tn
bankers opportunities. With his gold dollar he pur
chased IS in geenbacks and with these he purchased
bonds at about 60 per cent discount that for 500
gold he got 1886 in bonds of the United States bear
ing per cent gold interest, or in other words, his in
vestment Of 800 in gold brought him 81, 700 in gold
60 forth again into the greenback market and con
tinue his legerdeman and buy bonds for greenback
at average Of one-half their par value.
CONTINUED NEXT WEEK.