The midland journal. (Rising Sun, Md.) 1885-1947, 1894-04-20
QUESTIONS OF THE DAY.
The Methods of the Enemy.

L OlCl NOODCl lOl L lCfOl-
dent and polled $4,000 votes. The
founders of this party taught the
same doctrine the populists teach
today, telling in the then good
times what the result of the demon
citation of silver and the contrac-
ton of the currency would be.
These were the original calamity
howlers and the people who laughed
at and ridiculed them then are
many of them now in the vast army
of unemployed or among those who
have gone into bankruptcy. For
the man who could understand that
good prices would not always pre-
vail, bought in smaller quantities
to anticipate declining market, he
would aim to get out of debt, get
his business on a cash basis when
he felt perfectly safe in any crisis
or panic. On the other hand the
man who went along blindly, would
buy larger stocks of goods the last
of which owing to the constant
decline he would be compelled to
sell at loss, continued to do a
credit business, his capital consisted
largely of bad debts and he was
gradually forced to the wall.
doubt if this vast army of tramps
can number half dozen who are
not democrats or republicans.
The new party whose arguments
were as good then as ours now,
made many converts to it's princi-
pies and although it never carried
a state in 1873 elected a number of
congressman. They secured the
enactment of the law providing for
the coinage of 100000 of silver
per month and also of a law that
the amount of legal tender green
back money should not be reduced
below 1916, 100000. These two
measures have been of untold bene-
tit to the people. 1t seems to have
been the case that whenever man
was convinced of the poverty and
want and misery that was i'm
pending that the first thing he
would do would be to bankrupt
himself by starting labor papers
and getting his views before the
people. But the enemy ever watch
full and vigilant, with the wealth
of the nation at their backs, were
not to allow this young party to
progress as they were doing, and
on October 9th, 1877 the following
circular was issued by the national
bankers of New York.
DEAR SIR 1T is advisable to do
all in your power to sustain such
prominent daily and weekly news
papers, especially the agricultural
and religious press, as will oppose
the issuing of greenback paper
money, and that you also withhold
patronage or favors from all appli-
cants who are willing to oppose the
government issue of money. Let
the government issue the coin and
the banks issue the paper money
of the country, for then we can bet
ter protect each other. To repeal
the law creating national bank
notes, or to restore to circulation
the government issue of money will
be to provide the people with
money, and will therefore seriously
affect your individual profit as
bankers and lenders. See your
congressman at once, and engage
him to support our interests that
we may control legislation.
JAMES BUEL, Secretary,
247 Broadway
The result of this plan was tC
cripple every reform paper by
Withholding advertising patronage
and many of our best papers were
silenced and whenever cause has
no press to sustain it, its efforts
must be ineffective.
Now was this all. The farmer
would read in his agricultural paper
occasional items about "sound'
money and San honest dollar,'' the
preacher receiving papers gratis
was kept posted ON the side of the
question favorable to the money
power, and the minds of the people
were ready for anything which
might be said against the Green
back party. AT the same time as
the above circular was issued, the
following was also sent to the
Chicago Inter Ocean.
Remember that this is one of the
leading republican papers of the
west and that this would be COPIED
L. l. 4 \