Evening star., 1895-08-03

DENTAL. No cases made public without consent OF
patients.
working man at the present time for him
to discriminate in the acceptance of a dol
lar after a hard days work.
1T is not, however, obligatory upon the
membership of the order to comply with
the terms of Mr.. Sovereign's proclamation.
A man could accept national bank notes
exclusively and yet remain as loyal to the
order ss one who would refuse to accept
them.
I'm reference to the other labor organiza-
tons, which Mr.. Sovereign has said he ex-
poets to indorse his proclamation. very
seriously question whether there could be a
general agreement made in the matter to
such an extent to seriously affect the
circulation of the national bank notes. In
more money and 1 therefore oppose any
move that would tend to any contraction in
our circulation"
Mr.. -DouEherty.
Mr.. Dougherty of the marine engineers
said: Il think Mr. Sovereign's scheme is
wild. and that it will accomplish nothing.
do not think the plan he proposes the
proper one for fighting the national banks
think that the proclamation was a very
foolish move on the part of Mr.. Sovereign.
and I do not believe 1t will be generally
obeyed by the members Of the organixa-
ton.
Il believe In giving to the individual the
largest opportunities and chances to sue
ceed. and 1t seems to me that an attempt
to enforce obedience to the terms Of the
proclamation would be an attempt to In
fringe upon the personal liberty of the in
dividual members Of the order. and cannot
be made effective"
Mr.. J. NJ. Keating.
Mr.. J. M. KeatIng of Anacostias says:
by unity Of action alone can we win.
Therefore, II General Master Workman
Sovereign is the acknowledged head Of or
ganized labor or entitled to call upon the
same for support, then organized labor to a
man should respond. No leader can win q
fight unless properly supported While it
may not appear to us individually that this
is the best plan. loyalty would suggest give
1t trial.
Mr. M. d. Rose.
Mr. NJ. D. Rose, vice president Of the
building trades council. says: II do not
think that the national banks ought to
issue notes at all. Under the present sys-
tenn the people are made to pay heavy
rates of interest. What is the reason for
this? Because, under the present law, to
start bank the parties wishing to do SO
deposit with the United States govern
ment $4,000 or 100000. or whatever they
wish to capitalize their bank with.
THE government will take their bonds
and retain only ten per cent Of the whole
amount. paying interest on the whole, but
returning the ninety per cent That is.
the national banks arc allowed to issue
ninety per cent Of the value OF the bonds
so deposited In notes of all denominations.
Thus they are enabled to get double in-
terest on their investment. In other words.
capital eST they seeeve hey axs
and who pays II? The people, of course.
Now. let the United States government is
sue all it's notes and save this interest on
$211. 1.OOO.OO0 of the outstanding national
bank notes. Let the -tofifng masses under
stand that the financial distress of tie
country has not been caused by politics
alone. as the gold bugs would like us to
believe.
1.-The working people are. in my opinion.
beirg aroused to the knowledge that these
self-same national banks and gold bugs
(they go hand in hand) have done much To
cause our troubles. This they have done
through the depression OF silver, causing
circulation to shrink and bringing the
standard for money to the gold standard
depreciating the products of the wage
Garner, lowering the price of all kinds of
produce and paralyzing all kinds Of manu-
featuring industries simply because IL the
wage Garner can find no market for his
Drawn and muscle he produces nothing
and consumes nothing.
Now. in spite of all the rantings Of the
political wire-pullers. politics cuts but
small figure in times. hard or good.
ut is the banks that control 90 per cent
Of the business operations of the country.
and the banks all want gold standard
simply Decause,lt appreciates their stock
and depreciates all others Look at France.
1t has one of the best systems of finance in
the world. because the people own their
own country. pay al17ts debts. ahid' take up
all the bonds the government. issues thus
returning all the interest paid out by the
government back into the hands Of the
people,"
Mr. NJ. r. Hobbs.
Mr.. M. F. Hobbs said that 1t would be
impolitic in him as a Knight of Labor to
discuss the wisdom Of the action Of his
superior officer.
Transfers of Real Estate.