The representative. [volume] (St. Paul, Minn.) 1893-1901, 1893-07-12
POINTS FOR THE PEOPLE.

POINTS FOR THE PEOPLE
Give us government banks.
If we must have confidence, let M
know in whom we trust.
English financiering has ruined
Australia as it will ruin every nation
that adopts it The single gold stand
ard Is q delusion and q snare.-Iowa
Tribune.
If business and professional men
really understood the principles set
forth in the Omaha platform, they
would give it their support, and be-
come its enthusiastic champions
Pittsburg Kansas.
When bankers are so very anxious
TO keep your money, you ought to take
hint, but you won't until you find
yourself like the thousands of help
less depositors in the hundreds Of
''broken" banks.-Coming Nation.
I'm 1878 bale of cotton would pur-
chase sos in gold. To-day the same
amount of gold is worth three bales of
cotton. Nevertheless a few of the
brethren laugh and say that gold has
not increased in value.-National
Waterman.
1--WE seem to be passing through
an epoch of little men," says Henry
Watterson; and the farmers are ex-
claiming, yea, verify" when they
read the rot emanating from J. Sterling
Morton, Cleveland's secretary of agri-
culture.-Kansas Commoner.
"A Salt Lake bank ''busts'' but ex-
poets to pay 80 cents on the dollar to
depositors This is better than many
are doing, j. e., 80 cents cash and 20
cents confidence. Most of the deposit
ors are treated to 10 cents cash and 90
cents confidence. = Orleans (Neb.)
Courier.
What an arrant humbug this s'gold
basis twaddle is. The only basis of
the worlds credit is the worlds indus
tries, and every bondholder and idler
knows it. When individuals, or ma
tions, produce beyond their needs,
they will not be concerned about q
gold basis-Marion Times.
Don't need any more money; the
business of the country is mostly done
on checks and drafts any way" What
nonsense. Who draws check or buys
q draft without first depositing the
money? The only credit business done
is the very small per cent. of overdrafts
made.-Iowa Farmers Tribune.
When the depositors desire to with
draw their deposits out of banks they
load them with sacks of silver dollars,
but if the government paid out silver
to them it would be awfully awful, it
would. Say, you pumpkin, do you see
anything if it is stuck in your face?
Vote for postal savings banks. Coming
Nation.
1T is useless to try to conceal the
fact that the country is in very seri-
Gus financial condition, but it is due
entirely to an artificial cause, and it
can be remedied by common sense.
The cause is the contraction of the
currency of final account to the gold
basis. There is not gold enough for
the settlement of final balances in the
immense business this country has been
doing. This is the trouble and the
whole trouble.-St. Louis Republic.
The people are in favor of free coin
age; they are in favor of bimetallism;
but we will say in all frankness that if
the issue is between the single gold
standard, which is robbing the people
of the profits of their labor by depress-
ing prices and causing decline in val
ues-if the issue is between this stand
ard and the silver standard, we are in
favor of the latter. Until that issue is
joined, however, we stand on the
Georgia platform and the national plat
form.-Atlanta Constitution.
Some fifteen years ago when cur
rency reformers were making a fuss
about the destruction of the greenbacks,
they were told by the ruling politicians
that nothing could be made into money
but gold and and silver, that God AL
mighty made gold and silver money.
Those politicians are now considerably
ahead of God Almighty, and refuse to
allow silver to be real money, though
they formerly declared God made it
money. All, well, stick to party! What
is the use fooling about it?-Mount
Vernon Qll.) Progressive Farmer.
1.-THE assets exceed the liabilities
but it was impossible to secure money
to meet maturing obligations" is a
stereotyped phase accompanying near
ly every report of a business failure.
Certainly; there is no lack of property
of real wealth, but the obligations of
firms, corporations and individuals are
not payable in property, they are pay
able in money, and the control of the
money is in the hands of private in
dividuals to whom a panic often means
opportunity of doubling and trebling
their wealth.-Iowa Farmers Tribune
"A great deal is said about the parity
of gold and silver, and both the old
parties are pledged to it, yet in Office
both of them do all they can to boost
gold and depress silver. This is a
strange way to maintain the parity of
things. Suppose it was the duty of the
government to furnish the people with
teams, and it was pledged to maintain
parity between mules and horses, yet
when team was called for, horses
would invariably be furnished while
the mules ran wild in the pastures and
were not even allowed to be broken.
Which would be worth the most in the
market, mules or horses?-Mount Yer
non Qll.) Progressive Farmer.
"A contem porary appears to be in so