Eureka weekly sentinel. [volume] (Eureka, Nev.) 1887-1902, 1893-02-25
EXPORTING GOLD.

The visit Of Secretary Foster to New
York exposes TO view the villainous prin'
oIples sctuAting the money kings and
bankers Of the East, brought into oppu-
lence BY corrupt and venal legislation In
their favor, and tending TO the %enslsve-
ment Of the creditor and laboripg classes.
So when Secretary Foster explained to
the bankers OF the metropolis that they
had not acted on the square with him,
by not turning into the Treasury . sum
Of gold sufficient to keep his gold reserve
within the danger line, they coolly in
formed him that IL be would issue bonds
they would take ! y-millions Of them 10
tide bin over. Gould brazen ~effrontsry
and i~mpudeuce exceed such . PROPOSE
tioni Verify, the chickens Of the pres
emit Standardization are coming home to
roost. Four years ago they came into
power and took charge Of the Treasury,
containing two hundred and eighteen
millions Of gold, and since that time they
have lost no opportunity to diminish that
amount. Apparently. in the control Of
Wall street and the bankers, as ell late
administrations seem to have been, and
undoubtedly acting on their advice. the
first step Of the present administration TO
reduce the gold surplus was q call for the
redemption Of bonds, not then due, and
the payment Of large premiums on the
same. Thus by anticipating the payment
Of those bonds. (paid in gold), due at
some future time, the administration sue.
oeeded admirably in getting that surplus
removed from the Treasury. and at the
same time furnishing the bankers and
money kings with means to still further
depress any movement towards the re-
monetization OF silver. In the same line
is the late attempt to stop the continuous
purchase Of silver, as we'll as the future
coinage of the same. combining this coun-
try to the single gold standard, and then
issue bonds payable in gold to redeem and
secure the payment Of all the different
currency in use in the United States, and
upon the strength Of those bonds create
more national banks, who, while they are
drawing interest from the Government,
which the people are taxed to pay, do
not themselves pay any taxes at all on
those bonds, and only one per cent on
the issue Of their bank bills. Even this
tax they are now trying to avoid by hav-
ing the same abolished or reduced to one.
half by legislation, thus saving from
three-quarters to one and q half million
Of dollars on their present bank Issue in
taxes the people will have to pay; not
being satisfied with that, they want the
privilege Of issuing bills to the full
amount Of the bonds deposited by them
with the Government. thus increasing
their. issue by seventeen millions, by
which they can gather that much more
interest from the borrowing classes, while
they themselves pay nothing for the q
larged privilege. Like the viper, after
being nursed into life, turning to sting it's
benefactor to death, so these bankers and
money lenders, these political vampires.
brought into existence by a government
Of literally disposed people. end after
getting . firm grasp on the finances Of the
country, are making the most villainous
use of the wealth with which the people
endowed them to crush and e~nslave them
foravar