Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-08-17
A BAD STATE OF AFFAIRS.
PRESIDENT FISK WRITES a STIR
RING LETTER.
lie Pictures The Nation TN the Hands
OF Corporations and Threatens Po-
IiticnI Defeat ~ Matters Are Not
Remedied-The Bond Issue.

Hcmehlcd-Ihe Bond Issue.
Washington. Aug. l0.--President A.
G. Fisk % the Pan-Ameriean Bl-Metnl-
lie league, on behalf OF mat organ
i2atl0n. has sent notable statement
20 the special committee OF the United
States senate Investigation OF the IN
dustrial depression and the remedy.
He says:
"One or two more panlcs will ind
this country In the condition OF some
extinct republics when they went down.
There never was any necessity for IS
suing government bonds and every one
issued, whatever the purpose may have
been. resulted IN the robbing OF the
people 10 the full extent OF the issue.
Why should we be taxed for $4,000. 900
% $50 600. COO a year for eight years
on bDnda, In order to maintain a bank
Ing system which was conceived IN
sin. born IN ihiquity, nurtured In con-
splracy and ripcngd INTO treason Why
should We be compelled to use a de-
monetlzel bank bill and a demone-
tized treasury note when the govern
ment has ihc powef 10 iHsue fttll legal
tender MONEY. With an honest issue
OF money the people could not he plum
dered billion OF more dollars vach
year. and there would be no occasion
to pay those who consplred to have
this national repository Of their sur
plus money. four or Ave million year
for taking care OF their imaginary
gold reserve. The bonding of nations
and the issue OF demonetized currency
are recent inventions. but many ma
lions have OF late years fallen a prey
to this new device. they must In con-
sequence repudiete or return 10 bar
burlsm. The creditors who have con-
nscated the properly " the nation
cry imitation when the oppressed debit
or asks for honest money, for the
free coinage Of silver and the remou-
citation OF the paper issues.
Imitation. indeed. with 30 cent wheat,
cent cotton, cent beef, 80 cents for
n days work. Our money will be sta
bic when the American farmer, plant
err and lahorer are reduced to the con-
dltion Of the riots OF India and the
series Of other countries under the
financial dominion OF old England. II
is sincerely to b. hoped that congress
is In earnest in It's efforts to ascertain
the cause OF the present disturbed con-
did0ns and Is ready and willing to APP
ply the proper measures for relief, and
that no further attempts Will be made
10 deceive the people by dstractlug
their attention from the real issues,
38 has been done by discussions Of
the bloody shirt, The seal question, the
force bill, the Chinese question, the
Canadian railroads and canal, the om-
nirrcgent tarlm and Of the presentation
against one religious denomination
known as the American Protective as
ISOLATION movement; but that laws will
be enacted which will bring prosperity
20 all the people, instead OF a very
few. II would seem that congress had
truly leglslated IN the interest OF the
creditor as far beyond the bounds OF
sufety ana should take warning lest
the people who are fast becoming
aroused to the real cause OF the diff
hculty may take matters In their own
hands and elect congress and a chief
executive who VIII be their servants
not their masters,
with that day Will come real pros
pegity through the introduction into
our statutes OF justice to al cllsses
which may be partially and briefly
summarized Rs follows: The monoti-
cation Of silver at SAG TO / all money
issues by tho government direct; all
demououzed money to be called Ia and
run lcgal lanlvr money issued in lieu
thereof; one currency Tor the people,
uuulhuldlr, creditor debtor Office
holder importer and banker; the eatab-
lIghing NJ postal savings banks; the
adoption Of the inlatlve and the refer
ouIum, lhis would prove fatal to that
political cyll, the lobby. Bribery would
Doe an unsafe Investment when the peo-
plo themselves Instead OF a corrupt leg
slauve body hold the decisive ballot.
The power to coin money aud regulate
the validity thereof. TO be taken from
congress by "a constitutional auanl-
uent. History has demonstrated tbnt
Il IS unsafe to entrust a LEGISLATIVE
body with the power TO pauporize and