The farmers' union. (Memphis, Mo.) 1891-1895, 1894-04-12
is liable to blow you up with dyna-
mite.-Buzzsaw.
Retiring the Greenba


Retiring the Greenba
The bankers are hostile to the green
back currency, and SO is Cleveland.
The bankers want the greenbacks re-
tired, and so does Mr.. Carlisle, and
his February report shows that he is
retiring them, in the face of the law.
which says he shall not do it. He, of
course. will claim that he has not de-
stroved the treasury notes he redeemed
in March, but he may as we'll destroy
them if he is to hold them in the
Treasury.
His February statement. as COM
pared with his March report. shows
that he has in one month retired of
this greenback money $l5,515.2l9
He has either redeemed this amount
with gold or taken it in exchange for
bonds. No matter by what means it
reached the Treasury. it is there &C.
cording to his statement, having been
accumulated during the month of
March. This means the retirement of
the greenbacks. He is doing just
what the national banks have asked
| him to do. and demanded rather that
| he should do.
It is time that this matter of retir-
ing the peoples money for gold that
does not circulate, be understood and
comprehended by the people. Mr..
Carlisle has sold fifty million of bonds
without authority of law, and now he
is retiring the greenbacks in defiance
of law. 1t is time the country should
understand the Importance Of this ac-
ton, and be advised of it before the
villainous schemes of the bankers are
consummated.
The country is now suffering from
a lack of money in the channels of
trade. 1t is not safe for man or COM
pany of men to place capital in BUSH
ness, owing to the condition of the
country, caused by lack of circula-
ton. Despite this condition. Mr.. Car
Isle reduces and takes out of circula-
ton over fifteen millions of paper
money in one month.
Is there probability of returning
prosperity in view of this policy? Can
business revive when the already con-
tracted currency is Icing farther re-
duced? Such a policy can only tend
to obstruct the effort at revival now
being made, and utterly defeat its re-
turn. II such a policy as is now being
pursued by the head of the Govern
ment is continued, there can be no
hope of change in the condition Of
the country for the better. The bank
ers created the panic bv a money strin-
gency, and the Secretary is keeping
the energies of business from gaining
foothold again by continuing this
stringency by retiring the circula-
ton. What q monstrous policy! What
crime on the already crushed and
bleeding country!
The present is the champion Adj
ministration for violating its party
promises.
The law and gospel of politics is for
the Administration to carry out the de-
sires of the party, and obey the be-
hests of the party in its organized ca
pacity.
Mr.. Cleveland has reversed this DO
litical common law and makes the
party subservient to the Administers
ton. He lays claim not only to being
bigger than his party, but to having
more brains than the entire brain out
put of the party.
1t is creditable in party executive
to hold to the doctrines of the party
and force their contamination as
against the opposition party, but Mr..
Cleveland does not do this. He rather
sides with the political opponents as
against his own party. He has alb
stracted every salutary declaration in
the Democratic platform from repeal
| rs fo< hOv L "a RI tor
This is something new in political
history. There never has been q
President elected who reversed the en-.
tire policy and promises of his party.
Rare cases have existed where the
: President has not been fully in har
mony with his party ON all questions
j. but Cleveland is the first one to kich
over the bucket, spill the milk and
then fire away at the mixer. He has
: completely reversed the policy pro
t nounced by his party at Chicago and
! now has the assumption to expect the
, masses of the Democracy in the sew
( raj states to endorse his course.
That is what Democratic harmon,
+ means. If there is to be harmony i
must come by the Democrats endors
ing this Cleveland assassination of tn,
principles of the party as enunciatet
, in the Chicago platform. Will til,
Democracy endorse such a course
G The world stand in expectancy of tn
= result.
"Plenty OF Money"
The great abundance OF money ut tn
e commercial centers. and the difficulty o
finding employment for it In operation tina
: promises to pay profit on its use. Is proc
that there Is no lack OF money in the coun
try. therefore no present necessity for In
4 creasinS its volume.-Chicago Tribune.