The representative. [volume] (St. Paul, Minn.) 1893-1901, 1893-10-18


for every important office within the
gift of the people. Capitalists of the
east who revolve around the hub of
corruption located in Wall street, N.
Y, seem to have pre-empted the right
to all national nominations of the two
great political parties. They will pre-
sent men of their own choice to each
political party. If the people bring out
a man the money power will knock him
out, even if the most desperate means
have to be resorted to for that purpose.
Having secured tool of their own
in each of the great parties, as candi-
dates, these capitalists are very accom-
modating in regard to platforms. They
allow the platform to meet the wishes
of the voters. They do not need the
platform to stand on after election, but
only to get in on. The honest voters
will quarrel with each other over
feigned issues, while those capitalists
dine together at Delmonico's and con-
graduate each other that there will
be no violent change in the financial
policy of the government" as they did
last fall, whichever may be elected.
The above facts make me believe that
the Journal will be compelled to give
new party credit for the esta blishment
of postal savings banks, if they are
ever esta blished While to my mind
Mr.. Wannamaker made a most efficient
postmaster-general, and was head and
filled that position for many years, his
recommendation fell fat as foun-
der. During the long lease of pow
er given the republican party, the pos
tai savings banks would have been
condition instead of theory, if that
party intended to ever give the people
such banks. Instead, the leaders of
that party sang the praises of our ''glo-
rious national banking system and
showered pity upon the benighted souls
who dared to suggest that national
banks are glorious only to those who
make money by controlling it. Recon-
mendations and platforms are good to
catch votes, but legislation favorable
to the people cannot be expected SO
long as platforms are not intended as
guides in legislation.
Populists insist that we do not have
money enough. Republican managers
have constantly contracted the volume
of our money. The late republican
convention of this state declared for
forty dollars per capita of money. Do
you think the republican party will
favor such imitation in congress? Not
any, The resolution was simply to
catch votes. The party is for contrac-
ton.
Perhaps three-fourths of our voters
favor free coinage; platforms all de-
clare for it; yet Wall street sees to it
that men are elected to veto free coin
age act, if found necessary. A major
ity of our people once demanded free
dom for people of color. The whig and
democratic parties frightened the chains.
A new party sprang into existence
to limit the evil of slavery, and
accomplished its purpose. No great
and radical reform can ever be secured
through old parties. Smashing the
mock national system Of banks, giving
the issue of money back to the govern
ment, and esta blishing real national
banks for distribution, are radical re-
forms and can never be had through
old political parties.
If people in local politics would imi-
tate Wall street in national politics, and
vote for the man who will best serve
their interests, regardless of political
parties and personal buttonholing, we
would have less to regret in the action
of county officials. S. Clark, in
PENNSYLVANIA Farmer
GIVE US GOVERNMENT BANKS.
Let Us Have Something Worthy of Conf
dence and Then There Will BE No Lack
of 1t.
The Kansas City Journal tells how
bank was once saved in panic from
run that was made upon it. The
people became very much excited and
hocked to the bank in droves to with
draw their deposits. The bank had in
vested it's patrons money, and had no
availa BILE funds with which to meet the
demands. 1t was, therefore, on the
point Of being compelled to close its
doors. A contractor by the name of
Kelley had accumulated large amount
of copper cents, and a happy thought
ooA uCh HILL liz pIoCuIcu d uuuIUoI VI
sacks that had held gold, and on each
were the figures ''S5, O00." These sacks
he filed with his coppers, procured
wheelbarrow and three policemen as
guards, and with no little ceremony
wheeled his load down the line of de-
positors who were waiting to get their
money. One of the depositors who
knew him called out: 'Mr Kelley,
what are you taking all that money to
the bank for; don't you know it is
about to break?"
''Break, thunder!" replied Kelley,
''this bank is not going to break. can
put more money in it IN a minute than
you can draw out in a day" And in
went his wheelbarrow load of cash"
The effect was instantaneous. If Mr..
Kelly was willing to put all that money
in the bank, what was the sense in their
drawing out what they had in there.
The crowd at once melted away, few
only remaining to return what they
had drawn out.
This we'll illustrates our financial
system. That bank was saved, but it
was saved by lie. The large amount
of money the people were led to believe
went in there was actually less than