Kansas agitator. [volume] (Garnett, Kan.) 1890-1905, 1895-10-04
RETIRING THE GREENBACKS

over year aBo We P0
the fact that the plan laid out by the
money kings of the country was to
have the greenbacks retired, so thai
their place might he filled with ma
tioual bank notes, on which they
could draw interest and which would
make the manipulation of the money
market even easier than it is now.
The events of the year show that
our prediction was prophecy.
The work OF the schemers has
been consistently and persistently
along the line of creating the i'm
pression that the greenback was a
source of danger to our financial
structure.
We have no doubt whatever that
the constant raids on the gold in the
treasury have been partly with the
purpose OF creating general feel
ing that the greenbacks were con-
staut menace to the financial pres
perity of the country and create an
excuse for the presentation OF aplan
whereby the greenbacks and treas
ury notes could be retired and the
whole business of the issuing money
he placed in the hands of private
corporations.
Then, with the coinage of silver
stopped and the gold annually mined
less than our annual exports, the
whole financial business of the
country would be in the hands of
the money kings, and they would
be kings indeed.
There is no doubt but that the
greenbacks and treasury notes, as
now manipulated by the money
mongers, with the connivance and
support OF the administration, are
made a constant source of danger to
the business of the country.
These notes are promises to
pay" and the gamblers all request
that they be paid in gold, and the
oyernment comedies the point
every time, and pays them in gold.
In this way the gold gamblers
have possession of an endlesss chain.
They present the notes and get gold
and the government pays out the
notes. Then the gamblers sell their
gold for Exchange" and cash the
Exchange" in notes, and present
these notes and get gold. Then,
when they have gotten the gold re-
serve 80 lowered that they can start
q .care and panic by whispering
that the government is on the verge
Of bankruptcy, they can compel the
government to issue bonds, interest
bearing, which they buy with the
same gold. The gold reserve being
thus replenished, they proceed to
deplete it again by the same old
process.
In the classic language OF the
boys when they used to play that
deep and scientific game called
"Three in Row." the gold gam
blers, with the assistance Of the
government, have "a dead open and
shut" on the people. There is no
limit to the amount of bonds that
can be issued under this system.
But the trouble is not SO much
in the greenbacks and treasury notes
as il is in our treacherous puDilc
officials.
If we had officials who were
managing this government in the
interest of the people, instead OF In
the interest of the gold gamblers,
this dreadful drain of gold" could
very easily be checked. When the
gold gambler came up, little
dialogue like this might ensue:
GAnsLER-Uncle Sam, here is
million in your notes would like
TO have redeemed.
UNCLE SAx-All right, sir, send
around twenty-five or thirty drays
to the alley entrance and my clerks
will roll out million silver dollars.
GArsLER-But don't want silver
dollars; want gold.
UscLE Slavery sorry to be un-
"a