Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1894-11-21

press of the United States is ''the
voice of God" the sooner the churches
are torn down the better.
And the convention proposed an
amendment to the banking act, ''that
banks are to be allowed to issue circu-
lating notes to the amount of one half
their paid up unimpaired capital, sub
ject to a tax of one half per cent per
annum upon the average amount of
circulation of 25 per cent of the paid
up unimpaired capital, subject to the
one half per cent tax, and an additional
heavy tax upon the average amount of
such circulation outstanding for the
year, the additional 25 per cent to be
left as an emergency circulation. The
tax of 4 per cent upon the average
yearly circulation is to be paid to the
United States treasurer as means of
revenue, and the excess over that tax
imposed upon the emergency circula-
tion is to be paid into guarantee
fund
Observe this: The bankers perceive
that the howl of the people for more
currency can not be much longer re-
sisted; but they are determined that
not dollar of it shall ever reach the
people unless it comes through them
They will levy 10 per cent on it from
the people and pay back to the people
one-half of per cent; taking 91< per
cent per annum for standing be-
tween the citizens and their own gov
ernment! The constitution provides
that the national government alone
shall create money-if any one else at
tempts it he goes to prison-and as the
government comes from the people and
is the people, the bankers propose to
stand between the people and the
people, and tax them for the use of
their own money. Why don't they in
sist that postage stamps shall not be
furnished directly to the citizens, but
shall go through the banks, and the
banks make a profit off them?
In Gods name what right has any
man to crawl in between the people
and the government, .nd levy taxes
ian attribute of the highest sovereign
ty) upon the people, for the use of
their own money? Why the national
bank notes are printed by the govern
ment (that is, the people, on paper fur
nished by the government that is, the
people), stamped by the United States,
and signed by the officials; and their
only guarantee of payment is redemp-
tion in greenbacl1s, the peoples money,
also printed by the people. 1t is an
incalculable, incredible absurdity that
an intelligent people would permit
their own money to be milked to them,
through the sieve of the banks, and
pay heavy interest to the bankers for
holding the strainer! There might
just as well be a law that no man could
thresh his grain unless banker held
the sacks, and charged him 10 per cent
OF the crop for doing so; whether the
farmer wanted him there or not.
And remember, friends, that the
Peoples party is the only party in the
United States that proposes any remedy
for this great encroachment on the
rights of the public
1t declares for greenbacks, full legal
tender, issued directly to the people.
without the Intervention of banks.
Why not? The greenback must be
better than the national bank note, be-
cause the note is redeemable in green
back; and surely you can not redeem a
superior thing by an inferior. And
this change, proposed by the Peoples
party, would save the people of the
United States SIS, 200, 900 a year inter-
est, now paid to national banks, for
getting between the people and the
government and putting forth an in
ferior currency.
And observe, friends. the bankers
are determined that, if your dire ne
cessities force an increase of money.
that they shall handle it; and that
every dollar of it shall pay tribute to
them; and for this tribute you will
get nothing
Are yon ready to agree to this? If
not, vote for the Peoples party candi-
dates for congress, and for the state
Legislature; for they belong to the only
party that has ever dared to open its
mouth against the present system; and
the next legislature will either elect
man to the United States senate
pledged to obey the bankers or man
pledged to defepsl the people. What
say you? Where IRE yoa2 Are you