The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1894-06-08
The ''Voet Plan. =

How fearfully evident it Is that those promises
were all untrue. The extra session is thing Of
the long ago. The regular session is almost
joined into its false and worse than useless pre-
decessor. Yet no rest comes to the weary wait
ing.
Many plans have been suggested to make
times easy for us all. And now want 10 outline
plan that want to call the .sVogt Plan, and /
believe it will Immediately relieve business and
make money plenty everywhere.
70 show that my plan is practical will state
what most people know
Government bonds are based on the nations
credit This, in turn, is predicated on the taxa
bic values Of all properties in the United States,
and certain privilege charges. The recent uncon-
stitutionai and illegal issue and sale Of fifty mil
lions of bonds 10 cover shortage into the legal
gold reserve in the U. S. treasury which is again
being so rapidly depleted, and in fact every u. S
bond in exist based directly on the proper
ties of the people, and whether they bear three
or FIVE per cent interest, they are greedily COB
bled up by capitalist everywhere and at prenli-
ums ranging from seventeen to twenty-seven per
cent, solely because the investors know that the
interest is sure to be paid For the peoples prop
ery is worth at least two dollars for one of its as
sessed valuation, and the country's revenue is
assured.
No man with any sense will contend that. the
bills issued by national banks are predicated on
coin.
The government issues to all national banks
bills already engraved and printed, leaving the
bank officials nothing to do but to sign and circu
lutte these bills. There is no gold or silver re-
serve anywhere to guarantee these bills, neither
is there any provision TO pay them in coin Of any
kind All there is about il is this Parties wish
ing to start a national bank with capital stock
of one hundred thousand dollars may buy from
the government, or elsewhere. one hundred
thousand dollars of u S bonds and deposit same
with the treasurer of the U. S. Then if the
bankers wish the government issues TO them
ninety thousand dollars i'll bills, and besides pays
them four thousand dollars interest in advance,
SO the bankers are out only six thousand in cash
AS matter of fact With a permit from the
government to do ninety-four thousand dollars
business and much more as the deposits of
their customers will admit.
It is really most remarkable to me that the
financial conditions of this country are such that
the government must have gold standard or
gold coin basis for its or individual promises
to pay, and yet that it can and does authorize
furnish in blank and Issue to national banks
bills, or promissory notes. with the governments
guarantee too, to pay with no coin basis at ALL
TO say the least there is gross inconsistency
between the present administrators simple
gold standard basis and the governments policy
toward national banks
However it may be urged in pailiation that ma
tional bank bills are good enough for home busi-
ness, whilst we must have gold only for for
eign purposes.
Now, the total assessed valuation of property
in the United States is about sixty-eight billions
of dollars II is sure to assume that the real val
of all this property is one hundred and thirty
six billions of dollars We Gods what tremen-
dous sum of wealth Does God live and rule the
Universe?
Can It be possible for any single one Of the
paltry seventy millions of people amidst this
wealth to go hungry and naked for one single
day.
They tell us in guided frescoed cathedrals and
churches that God is love Z,
They tell us from the rostum and from the
Hastings that the greatest good to the greatest
number is our conntry's motto, and the heavens
echo back the stupendous hes.
The changing bells at Christmas tide ring out
peace on earth, good will to men" They
spread out the stars and stripes over our heads
and cry, behold the emblem of the free
oh unhallowed lies The earth teens with
plenty. Grain is well nigh worthless from over
production, yet thousands are starving, with no
relief in sight
And yet peace and plenty are so easy.
Suppose the government took the banking bus
mess of this country into its own hands. Sup
t,ost. fine ,,,,,t ,,,o,,t5 t =:
viduals at two per cent per annum on long time
taking real estate and personal security, ii
mean by the latter note with good endorse
ments such as banks demand) taking out the
interest, if needs be, in advance The revenues
thus accr,iing would be ample for governmental
requirements. Suppose the government among
other improvements would straighten the Miss
issippi river, las nearly as practicaI) together
with its tributaries, think of the immense sums
of money laborers wodld receive for the work.
Think of the millions of acres of land, as valua-
bic as any on earth, that would thus be forever
redeemed and saved from overflow.
Think Of the millions of dollars worth of corn,
cotton, sugar, etc, that would annually be added
TO the products of this country
If citizens. are children of the government
then this government must needs protect them
And yet this government, as per this admins
tration is almost criminal inits every act, if the
unconstitutional issue Of bonds be peaceably
swallowed by the people.
Think of the Carnegie-Armour plate frauds
What a spectacle is presented to us This great
Republic compounding felony
II rob citizen and he takes money repara-
ton for it. he commits a felony The richest
firm of contractors in the United states deliber-
ateiy and vitality robs this government, and it in
turn compounds felony by exacting and taking
money therefor through the direct acts of the
present administration.
oh, what splendid example to the citizen
Roll over, George Washington & Co Down
charge General Grant. This government of, for
and by the people, is run for money solely, only
and alone
The people must, by proper elections, change
things governmental very widely from present
tendencies, and they are going to do it, too.
The Coxey movement is the lump of leaven,
that will when crystalized, work an absolute
revolution in human destiny Properly paid la
Dor in government employ win make and keep
public highways perfect in repair, and beauti
full by attendant shade and shrub while the wa
ter ways being Strengthened and locked, will be
saved from overflow, stored for irrigation, and
perfected for transportation
TO do these good things, let Congress at once
pass law making it usury for any corporation
or citizen in the United States to lend any mon.
les, or charge any rentals or profits on any arti
cles of domestic growth, or manufacture, in ex-
cess Of profit of two per cent? per annum
Let the government be authorized to lend in
safe amounts under similar conditions as those
attending perfectly managed national and other
banks sums of money to bona fde borrowers at
an interest Of two per cent per annum; applying
the funds thus accumulated to expenses Of gov
ernment and public works.
The last Republican Congress was said to have
been Billion Dollar Congress, and no doubt ii
was big one. But let as think. If the proper
ty in this great country isoniy worth as assessed
sixty-eight billions of dollars, and the govern
ment loaned the people every dollar the property
was worth, at two per cent per annum, we would
have revenue from interest alone amounting to
one billion three hundred and sixty millions IL