The representative. [volume] (St. Paul, Minn.) 1893-1901, 1894-10-10

Are we not In the MIDST OF It's dreadIu
fulfillment?
1.-The time will come when there will be
thousands upon thousands of people who
will have no place to go, nothing to eat
nothing to wear, and nothing to do. Every
civilized country will see this same condi-
ton, for the land and all it contains can
be bought and sold-it will become the
property of few men. A piece Of parch-
ment gives them the right to drive all
other human beings from it. These beings
having nothing but the labor of their hands
to offer in exchange for their needs, will
work for almost nothing. The time will
come when no one will need or demand
labor Of more than small number of them
They will possess no raw materials; they
will not be allow ed to make their own
medium Of exchange, so they cannot work
for one another. What will be left for
them? The sea? The air? VIII death
they cling to existence, painfully, slowly
sinking and dying, their misery prolonged
by sufferance of aims or the risks and
degradations of crime? The ruin and de-
struction Of civilization will come unless
the course Of civilization shall change"
SAID ABRAHAM LINCOLN THIRTY
YEARS AGO.
II see in the near future a crisis ap-
preaching that unnerves me and causes me
to tremble for the safety of my country
AS result of war; corporations have been
enthroned, and an era of corruption In
er of the country will endeavor to prolong
its reign by working upon the prejudices OF
the people until all wealth is aggregated
in a few hands and the republic is de-
stroyed. I feel at this moment more anxi-
ETY. for the safety Of the country than
ever before, even in the midst of war"
And again: Monarchy is sometimes
limited at as a possible refuge from the
powers of the people. I would be scarcely
justified were 1 to omit exercising a warn.
ing voice against returning to despotism
1t is the effort to place capital above labor
in the structure of the government. 1 bid
the laboring people beware of surrenderine
a power which they now possess, and when
surrendered, their liberty will be lost"
WHAT PATRIOTIC STATESMEN HAVE
SAID.
Senator o. p Morton, of Indiana, Repub-
lican, said: There is gathered around
the capital Of this nation a gang of pirates
who Numbered successfully at the doors
until they have driven this government into
the most preposterous acts of bad faith
and legalized robbery that ever oppressed
a free nation since the dawn of history"
Thomas Jefferson, Democrat: II sincere
~ believe with you that banks are more
dangerous than standing armies. Put down
the banks, and if this country cannot be
carried through the longest war against her
most powerful enemy without loading us
with perpetual debt, I know nothing of nv
countrymen."
Ex-Secretary Salmon P Chase: INV
agency In procuring the passage Of the Ma
tlonal Banking Act was the greatest mis-
take of my life. 1t has built up monopoly
that effects every interest in the country
1t should be repealed. But before this can
be accomplished the people will be arrayed
on one side and the banks on the other in
a contest such as we have never seen in
this country"
Senator Stanford, Republican, Money is
force. 1t is the force that underies our
civilization and pushes it to the greatest
possible activity. When it shall be under
stood, that money is to be issued by the
government for the great class Of producers
who demand it for industrial purposes, and
that it is not created for the benefit Of the
usurerS to sweat it, and Of gamblers to risk
1t, and Of misers to hoard it, of millionaires
to accumulate, and Of spendthrifts to dis
turb it In the qualification of their luxu-
r1ous taste, then some of the errors which
now pervade the whole financial system will
have been dissipated, and the use of money
will be much better understood.
WHAT BANKERS SAY AND DO-THE
BUELL. BANK CIRCULAR.
Dear Sir: 1t is advisable to do all in your
power to sustain such daily and prominent
weekly newspapers, especially the agricul-
tural and religious press, as will oppose the
Issuing of greenback paper money, and that
you-a banker-also withhold patronage or
favors from all applicants who are not
willing to oppose the government issue of
paper money.
Let the government issue the metal
money and the banks issue the paper money
CT the country, for then we can better pro-
tect each other
To repeal the law creating national bank
notes, or to restore to circulation the gov
eminent issue Of paper money will be to
provide the people with plenty Of money,
and that will, therefore, seriously affect
your individual profits as bankers and
lenders.
See your member of congress at once and
engage him to support our interest that we
may control legislation.
THE PANIC BULLETIN THE SOLE
OF 1893.
Dear Sir: The interests of national bank
ers require immediate financial legislation
by congress. Silver, silver certificates and
treasury notes must be retired and the ma
tional bank notes upon a gold basis made
the only money. This will require the ALL
thorization of from 100000 coo to 81 900 900.
600 of new bonds as basis of circula ton.
You Will at once retire one-third of your
CIRCULATION and call in one-half of your
loans. Be careful to make a money strin.
gency felt among your patrons, especially
among influential business men. Advocate
an extra session of congress for the repeal
OF the purchase clause of the Sherman law
ana act with the other banks of your city
"a securing large petition to congress for
us unconditional repeal, per accompanying
torm. Use personal influence with congress-
men ana particularly let your wishes be
known 10 your senators. The future life OF
national banks as fixed and safe invest
ments depends upon immediate action, as
'iieie 10 oil increasing sentiment IN favor
d government legal tender notes and silver
coinage.
CONTRACTION.
Despite the terrible effects resulting from
the contraction of the currency some of the
supslded organs of public opinion have in
sisted that there was no contraction worth
naming.
In speech in congress, in 1874. recorded
on page 1879 of the Congressional Record
General Logan, senator from Illinois, said
The circulating medium has been con-