Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1893-05-24
ORGANIZING DISASTER.


ness of doubt, disaster and despair
hung over the land; when the Wall
street bankers were deliberately specu-
lating in the sufferings of patriotism,
heaping up colossal fortunes upon its
sacrifices and it's necessities, some one
at the White house asked President
Lincoln what he thought of the New
York bankers II think they deserve
to have their internal heads shot off,"
said the disgusted and indignant pa
triot.
If he was right then land think he
was), what would he say now, when in
time of profound peace the same cold
blOoded conspirators deliberately seek
to create panic and organize national
disaster?
With far-seeing selfishness and audac-
ity they have SO manipulated the law
and the lawmakers that they have this
country by the throat. With steady
hands and unscrupulous methods they
have driven gold into the mastery of
the financial situation. partly by con-
trolling congress and partly by controll-
ing the treasury officials, and at the
same time they have so schemed and
manipulated that they, the bankers,
are the men who have the gold.
Hence the size of the situation is
about this: The bankers hold the gold
and the gold bosses the government.
Why do we say this is a conspiracy?
Simply because we know by what
diabOlical fOrethought this state of
things has been brought about, and be-
cause every act in this drama of plutoc-
racy has been performed by those who
are to reap the profits.
They are the men who repealed the
income tax, forced up tariff taxation,
established national banks, developed
greenbacks by the million, compelled
the government to mortgage the future
with untaXed bonds, struck down the
silver coinage law of jefferson and set
aside the Sl0O,O0OO00 gold reserve,
without reason or warrant, to lie use
less in the vaults for twenty-five years,
when the business world was clamor-
ing for more money.
To cap the climax of their insolent
dictation, they have compelled the sec
retary of the treasury to pay gold, con-
tinually and exclusively, on silver certif-
icates which the law says he may pay
in silver.
All during Harrison's administra ton
the plain letter of the statute was thus
violated to please the Wall street
bankers.
Under Cleveland Mr.. Carlisle is do
ing the very same thing.
What is the object of this conspiracy?
To depreciate all money below gold
to eliminate silver and greenbacks as
real monetary agents; to force the gov
ernment to issue another lot of untaxed
bonds by which those Internal scoun-
drels will get a renewal of their mort
cages upon the future revenues of this
country.
How would it work? Beautifully
for the bankers. They would deposit
their gold in the government vaults,
and thus escape taxation upon it; they
would get, in lieu of the actual gold,
bond payable in gold at per cent. in
terest, non-taXable. They would then
deposit this bond in the government
vaults drawing the interest on it in
advance usually, and for each S1O0 of
bonds they borrow 800 of government
paper money, at cost of one dollar on
the hundred. They would then lend
that paper money at eight, ten, fifteen
and twenty dollars on the hundred
compounding every thirty, sixty and
ninety days
This is their whole scheme. They are
willing to drive millions of Industrious
people to poverty, suffering and crime
in order that they may steal the profits
of other business men in this infamous
way.
Why should Mr. Cleveland hesitate to
read the law to these robbers?
Why should Mr.. Carlisle tremble at
the frown of these Wall street
wretches?
Why should we have to read with
modification and disgust of Mr.. Car
Isle going to the houses of these New
York bandits and humbly seeking to
know their pleasure?
Sixty billions of wealth in these
United States are subject to the fiat of
this magnificent republic. Sixty mil
lions of loyal citizens are ready to CO.
operate in maintaining its credit.
Then, why shouldn't Mr.. Cleveland
pay silver, when the law says he must
pay it? And why shouldn't he issue
greenbacks just as the law says he may
do it?
The bonds which the bankers so much
crave are paper promises to pay: SO are
the greenbacks Why do the bankers
SO much favor the one and despiSe the
other?
Simply because they cannot corner
the greenbacks, and because they bear
no interest. They go directly to the
people, costing nothing and giving
Shylock no chance"
Hence the Wall street conspirators
hate them with eternal hatred.
Bear In mind, finally, these two facts:
1. That the national bankers, who
| are now pretending to be 30 much afraid
of the governments credit" have up
wards of $40, 5000 of the peoples
money, using it free of charge and lend
ing it out to the people at high rates of
interest. Why doesn't Mr.. Cleveland
compel those men to put the peoples
money back where it belongs-in the
treasury?
:. That the Pacific railroads owe the
government $50, 900, 900 which neither
of the old parties make any effort tc
collect. We have mortgage on the
roads, the day of grace passed long
ago. but neither Harrison nor Cleve-
land bother the corporations.
If that SS5. ZOO, 900 were in the treas
| ury, together with the S10,500, 900 the
national bankers are allowed to use,
Wall street would be powerless to CO.
cree the government, because the treas
ury would be full of money.
These are the facts our people are ex-
pected to ignore, or to forget These
are the facts the democratic bosses hate
MS for telling.
These are the facts which are driving
our iaboring masses, with horrible
speed, to that basis of living which
seems to be so attractive to the Augusta
black bread and onions. -
Thomas z. Watson, in Peoples Party
Paper.
THE COST OF GOLD.