The Comrade. (Winnfield, La.) 1890-1914, 1894-12-13
They Play First And Then Loose

not De1ng able 70 ~ plaOe4 nls sOhsls
The whole batch Of fifty million,
was snapped Up BY one firm 81 I.
I premium Of 1907 and there wer,
=Ibids for millions more. oar Uncle
Samuel 81 credit is yet gilt edged ii
I sspiteSo f alt tho calamity howl q
bankruptcy and starvation setsups b
l Size pestifcrous breed Of politisa!
klavocats.
Tie lsstssntens of me absve clip
ping il sxactly what the Populists
have contendetl AL the while. And
now comes along Worshipsr at tAs
shrine 81 The gsldens calf Of The true
levelandlte variety and trays 80
too.
The Populists claim that the Same
power that gives stability T. Uncie
Sans nokes Of promises TO pay that
bear interest, also gives stability to
the note bearing the sovereignty Of
the government, and 8ithsns inter
Eest, being ceivabls for al debts,
public and private, being : full legal
tender III the liquidation Of all debts.
Every individual in the country
who owes alligaace = the stars and
strips along with their entire pos
Isessions are responsible for tho pay.
|smentof the bonds Cleveland and
Carlisle have been issuing. They
bear interest, payable #in advance,
and are non-taxable. They are IL
the hands Of the millionsrles, and
while they pay no taxes, the far
.mers, the wage workers, the la
=bores, tlls Industrial foot the bills
this insidious method Of selling
Ihonds these corp ration mosopo-
lists are enabled to wiring from the
throw ot honest toll millions Of IN.
sarned Woalth. d;
|.a pay int ersst on Chg
tii,ssllss lies ttllle ooFpl
they then use them as . bahglng
basis to issue bogus money to loan
to the debt ridden, panic etricten,
ana bankrupt citizens at . high rate
fof interest.
The government furnishes the
collateral security to the bankers
with which they do business, fur
n,shing them with its guarantee that
lin the event Of the hanks inability
/, To meet its obligations the govern
ment nests them for it.
This is.the subtle force that gives
/ value to the notes issued BY Nation
|sal Bankers.
1t is the property within the bor-
Eders of The United States, Uncle
SANS ability to pay, that puts bis
iaterest bearing notes at q premium
| in the markets when he offers them
for sale.
This same property would, it
rather appears, keep Uncle Sans
notes, issued By the same Treasury
department that issued the bonds,
but instead make tkem in little
different shape, we'll well just call
them money, circulating among the
people 1T their face value, to say
nothing Of the saving clause the
Popullsts ask to have therein insert
1 cd, which makes then q legal ten
sderin the payment Of debts.
i Now would there not have been
,ndre humanity in it, to say the least
i 81 il, sif gsleyIa,,t and Csrlisle had
issued 800, ooo 900 rreasury notes
aud put them into circulation, re.
lleveing to thi. extent the intolerable
/ burdens Of q debt cursed people,
!, instead of selling bonds to jew Ban.
.kegs for this 50 nc people to pay in
terest upon
/ Say neiglbor Advocate, we wan'
,3I.you to tell rs where Uncle Sam is
going to get this interest?
The only alternative left him,
from your standpoint of reasoning
8 that he will have to sell more
bonds and buy more interes; sci
more bonds and buy more interest
sell more bonds aud GUY more in
terest. s.
Say. look here where will thi
. thing stop nohoW! !,
The further it goes the bigger i
gets, until finally it will swallow VI
tie whole country and all IT con
ta;as. IS our way Of reasoning owe