The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-09-25
RIGHT TO THE POINT.

HE SHOWS UP AMERICAS DISGRACE
AND THE REMEDIES.
Editor Representative:
The conduct of our national govern
ment ever since the celebrated legal ten
der decision early in 1884 has been dis
graceful
In that case the supreme court said
congress had the right to issue legal ten
der treasury notes at any time, and Judge
Field said in his dissenting opinion, "Why
pay interest on the millions of dollars of
bonds now due, when congress can in one
day make the money to pay the prin-
cipal?"
Hundreds of millions of dollars have
been paid as interest to foreign bond
holders since 1884 and it would be inter-
esting to know how much of that spoil
has gone into the pockets of presidents,
treasurers and congressman.
Are the two old party politicians con-
trolled by bribery, and is King Corpora
ton the real monarch of America?
Banker Hugh Mccullough, ex- secre-
tary of the United States treasury, told
the Bankers Association at Saratoga
early in 1884 that something must be
done to cut down the income of the gov
eminent and prevent the payment of the
public debt, or that all of the bonds and
bank notes would soon be taken up and
cancelled the treasury note would take
the place of the bank note, and the bank
ers would lose the advantage they pos
sessed In getting hundreds of millions Of
dollars in bank notes from the govern
ment at per cent per annum. That es-
say was published in the leading papers
and ought to be published again. 1t
throws flood of electric light on the con-
duct of "the administrator" since that
time, and it proves that the American
people have been crucified by traitors for
the benefit of two sets of thieves-bank-
ers and bondholders. The bonds ought
to be paid Immediately with legal tender
treasury notes, the banks ought to be
wiped out of existence and the treasury
note should be made the only national
legal tender money in America, except
fractional coins which should be a legal
tender to the amount of five or ten dol
iol .. AC II Coouiy uOCO ID tuC Ou4y uOucSt
money the world ever saw, and the idea
of making treasury notes redeemable in
coin is ridiculous. They should be abso-
lutte money, legal tender in payment of
all debts public and private without ex-
ception, and, not redeemable or payable
by the government in anything, but SIM
ply receivable in payment of all public
dues, customs, etc.
Hurrah for the full legal tender treas
ury note, the American system of finance,
and down with the Internal British sys-
tenn of metal money and bank notes pur-
porting to be convertible into coin upon
demand. Is there any sense or patriotism
in claiming the American people as cap
tives to the golden car of the Pirate
Rothschilds? If we have treasury notes
redeemable in coin of any kind, which
gives thieves a chance to loot" the treas
ury, the true remedy is to take them up
and issue other legal tender treasury
notes instead which are not redeemab BILE
or payable by the government in any
thing, but simply receivable in payment
Of all dues, customs, etc. There Is no ex-
cuse now, and has not been since 1884, for
bonds, bank notes, metal money, or treas
ury notes convertible into coin. Make
treasury notes full legal tender, pay off
the public debt, abolish the national
banks, demonetize both gold and silver,
except fractional silver coins, establish
postal savings banks, give us virtually
free money by loans to the people on good
security at about per cent per annum,
and give us the referendum to prevent
traitors from selling the people into bond
age to thieves. Do these things and this
nation will blossom like rose, and will
be under no necessity to appeal to pirates
for help.
JOHN R. BEASLEY.
Chattanooga. Tenn, Sept. 10, 1895.