The representative. [volume] (St. Paul, Minn.) 1893-1901, 1894-10-17

PANICS PLANNED
Engineered by the Banking Interests
of the World.

declaration by the banking interests OF that
city a circular calling attention to the fact
that black slavery was about to be abol-
ished, which was very desirable. This QIaz-
ard circular says:
Slavery is likely to be abolished by the
war power, and chattel slavery destroyed
This, l and my European friends are in
favor Of, for slavery is but the owning OF
labor, and carries with it the care for the
laborer, while the European plan led on by
England is for capital to control labor by
controlling wages. This can be done by
controlling the money. The great debt that
capitalists will to it is made out Of the war
must be used as means to control
the volume Of money; to accomplish this
the bonds must be used banking basis.
We are now waiting for the secretary of
the treasury to make the recommendation
to congress. 1t will not do to allow the
greenback, as it is called. to circulate as
money any length OF time, as we cannot
control that.
Here we have British Interference in
American monetary matters at this early
day in the progress Of the war, and also
after their failure in assisting to destroy
American freedom by lending aid to the
confederacy. Not because they loved the
Southern people more and the Northern peo-
pie less, but because, side by side, the South
and North stood as patriots, fighting Eng
lish oppression
To dismember the nation was the object
in view. Failing in this, the Rothschilds'
banking system inaugurated a method to do
business which would destroy the best in
terests and prosperity of the whole people.
Following the Hazard circular, the Ameri-
can bankers organized, and since have been
planning and robbing the people to securing
favorable legislation.
During the years which have interviewed
circular upon circular has been issued, as
the emergency of the situation demanded.
In the circular of Oct 9, 1878. issued by the
New York Bankers Association, are these
words:
THE BANKS CIRCULAR, OCT. g. 1873.
Dear Sir: 1t is advisable to do all in your
power to sustain such prominent daily and
weekly newspapers, especially the agricul-
tural and religious press. as will oppose the
lSSulliS Oh SietflDtCk anu paper lIOIPS, ana
that you also withhold patronage or favors
from all applicants who are not willing to
oppose the government issue of money
Let the government issue the coin and the
banks issue the paper money Of the coun-
try, for then we can better protect each
other. To repeal the law creating national
bank notes, or to restore to circula ton the
Of rt,iN no To
vide the people with money, and will there
fore seriously affect your individual profit
as bankers and lenders. See your congress-
man at once and engage him to support
our interests that we may control legisla-
ton. JAMES BUEL., Secretary.
2i7 Broadway.
Ever on the alert to advance it's interests,
the banks recognized that the time was pro-
pitious to use their power, and had issued
the following:
This one issued March II, 1898, by Bankers
Association of all National banks.
THE PANIC BULLETIN.
Dear Sir-The interests of national bankers
require immediate financial legislation by
congress- Silver, silver certificates and
treasury notes must be retired and the
national bank notes upon gold basis made
the only money. This will require the au-
thorization of from $500 600 600 to ST. 900 900 900
of new bonds as basis of circulation
YOU WILL AT ONCE RETIRE ONE
THIRD OF YOUR CIRCULATION AND
CALL IN ONE-HALF OF YOUR LOANS.
BE CAREFUL TO MAKE A MONEY
STRINGENCY FELT AMONG YOUR
PATRONS, ESPECIALLY AMONG IN
FLUENTIAL BUSINESSMEN. Advocate
an extra session of congress for the repeal
If the purchase clause of the Sherman law
and act with the other banks of your city
IN securing a large petition to congress for
Its unconditional repeal, per accompanying
form. Use personal influence with
congressman, and particularly let your
wishes be known to your senator's.
The future life of national banks
as fixed and safe Investments de-
ponds upon immediate action, as there is
an increasing sentiment in favor of gov
eminent legal tender notes and silver coin
age.
Content with the manner with which the
work was being carried on, it was deemed
advisable to take a hand in the forthcoming
legislation In the extra session to be called
by the president and the following letter
was issued:
THE AMERICAN BANKERS ASSOCIA-
T1ON, No. 2 Wall street and 1894 Broad
way, Room No. 4-New York, Aug 10. 1893
TO the Bankers of the United States :
Gentlemen - The extraordinary monetary
crisis through which the United States is
passing, which involves the banks of the
country to an extent that compels their Of
fcers to remain constantly at the post Of
duty while the danger is imminent, has
constrained the American Bankers Asso-
citation to indefinitely postpone It's annual
convention, called for the 9Th and 7th prox.
at Chicago. This will prevent such express
sion upon the part of the association as
the financial situation demands otherwise
would be made 1t thus becomes the duty
OF the officers Of the association to speak
for it at this time, and suggest what seems
TO them to be the proper action for the
bankers OF the country to immediately take
with view TO obtaining speedy relief from,
the continued and disastrous stringencv.
1t is manifest that the immediate cause
of the prolonged stringency is the fear and
apprehension of disaster engendercd In tho
minds Of the people by the continued mr.
chases Of silver by the government and
by the unceasing issues Of it's obligations
therefor, redeemable in gold which fa,r