The farmers' union. (Memphis, Mo.) 1891-1895, 1893-09-07
THE MASK TORN OFF.
The. REAL ANTAGONISTS ARE
FACE TO FACE.
It IL the National Banks Again-, the Pe"-
pie Of the United states The Black
silver.


The Issue.
The mask is torn off and the real
antagonists are face TO face, 1t IS the
national banking system -. the rro-
pie Of the United States 1t is the
black backs VS.. the greenhark,. The
caption of the bill shonld be. An
act to transfer the power t" com mon
cy and to regulate the value thereof I"
private corporations. Tn" hour has
com. when the question Is not. shall
We have gold and silver and paper
money bnt, who shall issue and con
troll it, Hannah can never b" at rest
SO long as Mordccai sits ut the en-
trance To- the gate. SO long as the
power remains for the people 10 make
Congress, issue money direct without
the intervention Of the banks. so long
Hannah will be building gullows: And
somebody will hang on these ga,lnws
before the thing is settled.
Long before the panic had taken
definite form, long before the Prcsi-
dents prorlnmaiion long before the
cry for unconditional repeal the
''lcasllci pack Of hungry hounds" re-
rcivcd their Instructions tha, the OBJ
jcctivc poin: was to secure better
terms for the national banks.
The purpose of the national bankers
is now clearly outlined. IT is to re-
peal the purchasing clause of the
Sherman act to increase the issue of
national bank notes 10 per cent. with
out additional bonds. to allow them I"
extend their circulation by dcpo,ifing
state. municipal and corporation
bonds the same as government bonds,
to compel the increase of .o>crnmon ut
bonds to purchase gold. to retire All
the grecnharks. In short the polio, is
to consolidate the eight kinds of mon
ry We now have into one kind. that Is.
~ note issued by - national bank and
guaranteed by the United States.
Let the people understand this bust
hess and let the people decide. As Il
counter proposition. lcI II" Govern
inert do directly what is asked IVY the
bankers to Ito indirectly. Give the
people the rnsto:'icc savings and cX
change bank. Make ever, president
tnl office bank OF deposit where the
people may place their ready cash
Nu'I'tt ~ tdiI. litNt Ill, Ett''lbd'hS-
second in postal notes for frac; ions
under -, third a po>t"iir' warrant
for any amount, free Of all expenses to
the dcpositor. We understand fully
this last clause. We mean it for just
villa, it says. The business of this
country has Il right to safety
and cxclanr" III money ut the
expense of the Government.
II this could he done to-day. to-
morrow there would be- restoration of
confidence ~ wide as our patriotism.
This is the issue. The banks have
forced it, and now b, the eternal truth
they shall have their fill of it, There
shall be no peace until the people have
a1place of deposit AMI exchange that
cannot be controlled by either IL bank
or the express company. But it will
ruin the business Of the banks. If
true. SO much the worse for the bust
ness. We are TODAY under system
at forced loans to the banks. Dtpo>-
itors deposit" because they have no
other place of safety. Open the pos!
office to-day and Tomorrow {" load of
anxiety would he lifted. Bat the banks
could not stand the run. Somuch tn"
worse for the banks. They are the ones
who hav" taken the money of the pe"-
rl" and there will never he conf
denr". until they can pay every check
or draft as soon as presented. They
cannot do this now. and because they
cannot they must stand aside for "A GOV
eminent system that can do it. They
say this Government does not exist to
furnish employment forColorado silver
miners. ;" say We. and more. that II
does no! exist I. furnish business for
national bankers. The bankers are
t;,,, I'll, .xSt,,, - b,,L .,, dawn ,nj
fine rcopl. Lav, interests wh,r, even
bankers are bound to respect \nu-
,rnturmlSt.
''>' wv '''' ~'-''
III Il ~ptcth delivered III the Senate.