The midland journal. (Rising Sun, Md.) 1885-1947, 1895-10-18
Debt Not Money-The Conspirators
Keep Moving.

gans have suddenly come out with
editorials on the same day, saying,
that "debt is not money! Mean
ing that all forms of Government
paper money is debt, therefore it is
not money, and must be abolished
The concerted action of these
journals shows that the movement
springs from headquarters. and ii
is the intent of these papers to do
all they can in forcing the Govern
ment out of what they call the
banking business; that is, out of
issuing the money of the Nation.
The idea at the base of the above
quotation is condemnation of their
own advice to the Government in
the first place ever to make it's
paper money, in appearance at least,
a debt.
This was done at the instigation
of the money lenders during the
war, when all attempts in Congress
at that time to make the greenback
declared dollar and full legal
tender non -redeemable into any
thinge, We're defeated by these
money lenders, who succeeded in
wording the law as if the Govern
ment owed a bebt in the issue of
that form of money.
In point of fact there is no debt
about it, and that fact is now rec
ognized in the monthly Treasury
reports which have recently re
moved greenbacks, etc., from the
category or classification of debt.
The Government owes nobody
anything for its greenbacks, but
the above newspapers in conjunc-
ton with money lenders are striv
ing to deceive the public into
thinking that it does, merely to
make a point for the greenbacks'
extinction.
On this point one of the above
newspapers said !: "The greenbacks
were issued during the War for
services and supplies with which to
carry on the War. They were
notes in precisely the sense that
merchants promise to pay is
note; they never were, and never
can be, anything else. They are
promises to pay, evidence of debt"
That is the kind of false reason
ing this clique is putting forward
III order to destroy, first the green
back, then all other forms of Gov
eminent paper money. These
greenbacks bear no resemblance
whatever to a merchants note. A
merchants note is given in ex-
change for goods, and when it
natures it must be met in legal
tender money, the very legal tender
money the greenback is.
Money is nothing but legal
tender for debt. That legal tender
rendered is all that any money can
do, no matter which the govern
ment issuing it. Gold is merely
legal tender money when SO coined.
Remove its legal tender quality and
it ceases to be money. Money is
the final thing which can be used
in making legal exchanges OF mer-
chandise. That is what it is issued
for. To call money IA debt, merely
because it is excnaagaahle into
another form of money, then to be
reissued on its own account as is
the case with the gpeepbacks, and
comparing it with MERCHANTS
note, is an unfortunate ignorance
of what money is and what it is
used for.
Every greenbaeKef has since de-
plored the money lenders infiueace
when the greenbacks were made
redeemable into anything except
themselves. 1t was a crime against
the people when the money lenders
at that time succeeded III their
purpose. For the greenback should
be non redeemable, precisely as are
the notes of the Bank of France
to day.
Then, when the gfeeabaek is
made to read in the law of their
issue, that they are one dollar.
irrespective of any redeemability,
all confusion such as the above
journals are striving to engender,
at once ceases.
But these above journals are
merely carrying out a prearranged
policy of the Rothschild ''ring" in
its intent TO force the American
people to 90 to them-the ttripg''-