The Caucasian. (Clinton, N.C.) 188?-1913, 1895-09-26
Romans. in time Of Augustus, were
AS BRAVE AS WE ARE TO-DAY.

lractlOn OF the money and It's cOncen-
tration in the hands Of the interested |
few, made them the most abject slaves.
Silver was demonetized by the Re-
publican party in 1873. The people
recovered Immediately after partial
of silver under the
and Sherman acts. BY
the repeal OF the purchasing clause Of
the Sherman law the Democratic party
has placed silver ip the exact position
with the Republican legislation Of
1873. They demOnetized it, and the
money OF the country is contracted
MORE THAN ONE-THIRD.
That the people may recover th.ir
lost ground. this stalwart young party
this bold declaration:
"We demand the free and unlimited
coinage Of silver on equal terms with
gold at the present legal ratio Of Is to
l, without asking the permission Of
Great Britain or any other foreign
nation"
We make this demand because gold
and silver are the money of our Con-
stitutiOn; to prevent contraction OF
our currency, and to place it beyond
the power Of syndicates
TO CORNER" THE ULTIMATE REDEMP-
TION MONEY
of the people.
We insist upon the legal ratio Of 16
to because time and experience have
proved its correctness. When the act
OF demonstration of 1873 was passed,
silver In the dollar was at premium
over gold, and until that time was the
unit of American values. We want
that act repealed because it was a
CRIME. Secretary Carlisle denounced
1t as "the most gigantic cTIME of this
or any other age"
We are thoroughly American, hence
We demand it without asking the per-
mission of Great Britain or other
foreign nation" Why should we ask
the permission of any other power?
Has any other power ever
ASKED OUR PERMISSION
in the regulation of their monetary
she established, by laws. the monetary
mines for itself what shall be money.
Why should theOld parties be. so sOlic-
itOus about other nations? We be-
lieve in watching the
INTEREST OF OUR COUNTRY.
If we keep faith with our own peO-
pie we are sure not to break it with
other people.
Unfortunately, Grover Cleveland
was elected President in 1892. He
has never been in sympathy with the
plain people of this country on the t.
nancial question. He was not in sym.
pathy with the Democratic party
which elected him, and they
KNEW 1T AT THE SAME TIME.
He was opposed to the coinage of sill.
yer. He favored the national banking
system. His ideas were fashioned af
ter those of Alexander Hamilton, il
direct opposition to Thomas Jefferson
Not measure that he has recommends
to Congress has been passed by Demo
cratic votes. although they cOntrOlle'
both branches. He has had to rel,
principally
ON THE REPUBLICAN PARTY
to accomplish his designs and pur
poses, while the Southern and Westerl
, Democrats were in open revolt.
His whole aim seems to be to con
tract the volume of currency, to issu
linterest-bearing bonds, and to plac
the control of the currency, when lin
7 United to a gold basis, in the hands {
= the National Banking Association {
e New York. uDmindful of the teach
r I,ngs of President Garfield, who sal
Z that "whOvever controls the volum
: of money of any country is absolu,
( master Of all industry and commerce
f Look at these startling facts: Thel
e is in the United States Treasury 500
4 OOO. 900 of silver seignOrage. COngre
e passed law authorizing its cOinae
n to meet the debts of the gOvernmen
He vetoed the bill. He directs gold
be paid to redeem certificates issue
= for silver redemption. He forces go
o upon the employees of the GOvernmel
y in payment of monthly salaries, whe
they prefer silver or paper none
Is ANYTHING to deplete the gold in ii
e Treasury, whereby he may
~ ISSUE AN INTEREsT-BEARING BOND
- Not only does the Presidents poli'
i demonetize the $6l1 100000 of silv
st currency, but he is deadly enemy
!. the s4la,OOO, 600 of paper money belon
20 ing to the people. He seems deterl
ined that this large sum of curren
shall be destroyed, and like sum
u converted into Understanding bon
for the benefit of the national BAN
ne This money draws no interest now
e. is the sacred money Of the people, a
'r. they REQUIRE no interest made
OF PAYABLE TO THEIR PATRIOTISM!
at On the 2Sth of January, 1896, he sc
ch A message to Congress recommend
N. that nearly $5OO,OO0.00O of intere
bearing bonds be issued for the pl
pose Of oanceling-0r burning
ey $346, ,OOO, 600 of greenbacks and the 81
lie OOO, 900 or so-called Sherman notes
ey July IA, 1890; and also that the DO
,e; issue be. made large enough to proyid
lat sufficient gold reserve. This would
no uuire bond issue of at least six
,ly seven hundred millions Of dollars!
'ut He also advised that the NatiO
~ hanks be allowed to issue notes up
oi the par values OF these ana exist
bonds: and to make the bsnk-Of-is
ort system of currency permanent, he I
[eo commended that the
NEW BONDS RUN FOR FIFTY YEARS
900 Compare this recommendation
'S0 'S00 the President to Congress with
wv panic circular of the National Ba
ar inp Association of New York, iss
the day before his Inauguration to
ties 3756 subordinate banks, and ans
Uo on YOUR own conscience II 1T does
age look like there existed close affil
between the Chief Magistrate and
ne Money Power?
'ro- The circular is dated March 8, l
'ac- 90 folIous.
iers M. ,...-..+, ~ national h.
~ ara require immediate financial legisls
by Congress. Silver. silver certificates
Treasury notes must be retired. and
,;,, national bank notes, spon gold I
city n,"do fhs only money, This will rex
rOp. The authorization from $500, 600, 900 to
ION. oOO, ,OOO, 600 Of new bonds as basis OF g
Of iation. You will at once retire one,th,
your circulation and call in one half OF
ling loans. Be careful to make . money st
I,a. encv felt among your patrons, espec
tha among influential business men:
the vocste an extra session of Congress fo
tne repeal Of the purchase clause OF the :.
one man law, and act with other banks OF
two city in securing large petition to Cor
in for its unconditional repeal. per acco
es of nying form. Use personal influence