The representative. [volume] (St. Paul, Minn.) 1893-1901, 1893-05-17
ORGANIZING DISASTER.

ORGANIZING DISASTER.
They Are Sowing the Wind, But In the
Whirlwind Of the Peoples Wrath They
viii Reap Disaster.
During the terrible days Of the civil
war, when the government was strug-
Cling for its life; when tho great dark
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 it,
sacrifices and its necessities, some ono
at the White house asked President
Lincoln what he thought of tho Now
York bankers. 81 think they deserve
to have their Internal heads shot of, =
said the Disguised 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 selfshness and audac-
ity they have so manipulated the law
and the lawmakers that they have this
country by the throat. With steady
hands and INSCRIPTIONS 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 tho
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 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They are the men who repealed the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 $1OO,OOO,OOO gold reserve,
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
rotary of the treasury to pay gold, con-
tinually and exclusively, on silver certif
icates which the law says he may pay
in silver.
ALI during Harrison's administration
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
eminent to issue another lot of untaxed
bonds by which those Internal scoun-
drels will get 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, a
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 500 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
compromising 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 fat of
this magnificent republic Sixty mil
lions of loyal citizens are ready to CO.
operate in maintaining it's 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:
l. That the national bankers, who
are now pretending to be so much afraid
of the governments credit" have up
wards of $40, 100000 of the peoples