Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-09-16

strings My lahora with tho wealthy QuAkors
showed what could be- done even In the most
uppromlslug Hold Tho Quukers as a body
opposed tho var. hut | novortholnsa induced
ihon to come and buy tue bonds Issued by
tho government ! not a number ~ them
together ono day, and said Friends, you
nro not doing rlght. and you know II. You
hANe money aud you should aid tho Gov
ornmont In 10 hour " greatest need. | win
show YOU how you can do It without VIC.
lhtlng your religious convictions | havo ar
ranged with the Secretary OF the Treasury
that such sums as arc paid by YOU Tor bonds
uhnll hp devoted without reserve TO tho OK
pnhaps N the hospitals aud sanitary system
OF the army Thls argument proved effective
aud from that time forward the QuAkcra
were constant and genuroun ia their com
uib9uuna
THE sale ot Government s5curiuon WAS
only nall tho battle, Tho keeping OF thetn
at par was a Aull more Important aud dlni.
cult task. At one tmc the CREDITOR Of
mo Government began to soll their vouchers
ior supplies and material TO the banks at
heavy didcount As these vouchers ,ysre
Just as good security az the bonds mia
procecdng at onro atoppCd tho sale Of the
latter, ] saw that a heroic remedy was
nee 4ed ana adopted II, l Issued a can 10
gu me bankers ~ the country 70 meet ma
Tor conference ON matters OF mutual In.
! portance When they met | outlined tho
situation. and told them plainly that their
course, II persisted In. would ruin Inc Gov.
ernWoni, added that Il was lmponslble for
| mo to sell houds and keep tho Covernmeni
supplied with funds II they wern to undcrhii
mo IN THIS way. In conclusion / told them
tnNt hau a proposition TO submit to them
which would be fair 10 all concerned ami
would at once remove the existing embar,
| EASEMENT, | proposed that they should az
chai 40 their vouchers At par FOR bonds ana
| NY no more Of them in future. | told
them that did not want TO coerce them
but II thoy ala not accept my proposltion /
should feel Il my plain duty 10 dene,,nce
them IN no press as enemies OF the Cavern.
meht The bankers accepted my nrnnnai.
ton without delay, turned IN their voucher.
| IN eNohAnse for bonds and tho news pub.
Rhd throughout tho country the next day
| that over SiuO 900 900 worth OF hands had
I been subscribed for proved powerful atm
ulant 90 their Falu.
Tho piess was of great assistance In The
| Wark ~ Keeping the Government sunnlis1
| with money, We adycrtised cnnstsniy ot,
. large scale, and kent score oi v.riters
busy putting IRISH suggestions Into shape for
] publication, We won over tho farntnra h,,
showing them that tho Government bopd.
ware the best aud safest possible. lnyestnen
| Tor Their surplus earnings, and We WON M
/ panketsi Insurance companies and nrivat,
CAPITALISTS 20 our way " thinking by MAY
ing e clear to them that u tho Goy,rnn,eo,
I 0'tfN 'Nfh NNA .NNNN iNHHfNHNt MnutN Ia
worthless and that ~ success Wol,id x.
their suceesa, Last VI all. tho nStl,nsl
banking Ngteni was devised to croatia I, NM,
demand for tho bonds" "N'
'lou worc largely instrumental In ..,,,r.
ing tho passage of tho National nankine
81 viii ten you how that came 10 n.
rassod l was opposed 10 It al the s,,tscf
/ Tor did not want 10 RntAEunise tho h.nt,r..
I Who had given ua support sscretsr,
y Nhaae, however. was persistent Ia hlr effnrf.
] " create national banking rSstem an
nnally wOn mo over 20 his way Of thlnidnr
! When | looked over tho ground i fount
I mat there were lers than a dozen man n
I Congress who favored the proposed measure
The great majority % The C0ngressmsn IN
] poriuhei by ,ha bankers Ia iheir ncveral
/ localities. wore reluctant 10 take a decides
I stand one afternoon Secretary Chase gav,
I me The bill he had prepared | took Il an
{ 70 Georgetown. whcfe my brother Uspry
lived, and We spent Halt The nlEhi IN Sim.
I nnNlng It ana Wedding Il OF nrediear s,ip.
{ pleNluga, Then my brlher, who was an
I excellent wtlier. prepared o number 81 ar,
I uclea advocating the bill, which We sent q
I all the newspapers In which Ne we're In the
7 habit u Advsrtlslpg tho Government loan,
and hy which shey wcfn printed a. odllh,
I rlala As result " this mAncnypr M
Z NonNfessmth ans Senators found themselves
z lace 10 Taco etih sN earnest and iiniversal
advocacy Hit,ans banklns 49,
! TEN, a. va ~. Nllh sweeping exposures u
iho ereat losses annually Incurred hy ms
Nitceurily Of the old atAie hanka, n