The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-02-06


est bearing paper money we shall
have $5OO,OOO,OOO of national bank
notes, bearing interest, paid by the
borrowers, eventually paid by the pro-
ducers, of say per cent per annum,
or $40, 600, 600; to say nothing OF the
shaving" of notes by bank officers at
higher figures. So that the change
proposed in this one particular alone,
will cost the people $55, ,o00, 900 annual
ly;-and, during the fifty years that
the bonds will run. it will amount to
tsco billions seren hundred and fifty millions
of dollars, transferred from the
pockets of the producers to the
pockets of the non-producers! Ac-
cording to the United States Census
of 1890 the assessed valuation of all
the real and personal property Of the
United States was $l7,l39, 903. .495; so
that this one little robbery proposed
by Cleveland will transfer nearly one
eight of the total wealth of the coun-
try into the hands OF band of para
sites, who will not give the people a
sixpence in exchange.
And it looks as if the Democrats and
Republicans were going to unite to
consummate this gigantic wrong.
Are the affairs of Gods world given
over to the domination Of the devil?
Are free institutions to perish
through universal incapacity on one
side and horrible greed on the other?
Is the age to end in mud or blood?
See how these villains have already
robbed the country. In 1880, accord
ing to the United States Census, the
total assessed valuation of real and
personal property in this nation
amounted to $25,473, 173, AIS. In 1890
the Census showed that it had fallen
to ST., ,139, 900, ,495. In Minnesota the
shrinkage was from $3.50, ,82O,2l3 in
1880 to $25S, OPS, ,6S7 in 189O-or more thai,
half!
The per capita Of wealth fell in this
state from $452.3O in 1880 to $330.48 in
1890, and in the past four years the
shrinkage has been Still greater.
And yet the Democrats and Republi
cans united to defeat the POpulfsts
in Minnesota, by 10000 plurality!
This whole movement, to wipe out
the greenbacks, is the result of {
cunningly devised conspiracy of the
Money-Power, to take possession o
the government and people. 1t be
gan when the Republican Secretary o
: the Treasury insisted on maintain
ing the parity of gold and silver" b.
discrediting silver and paying all de
mands in gold. This put the natioI
on gold basis, and made it possibl
for lot Of dirty Wall street knave
to corner 70,OOO.0O industrious people
They dragged the gold out OF tn
, treasury with one hand and loaned i
back with the other, and now they ar
able to bankrupt the government
All the government paper-mone
must be redeemed in gold, but the
! do no propose to redeem their notes i
anything. The law provides for thei
f redemption in greenbacks, but whel
the greenbacks are all retired, ho'
: will they be redeemed? But tn
! ! bankers will hold each others pape
q and will demand 40 redemption
i Hence it will be demonstrated tina
e the greatest government on cart
:, cannot maintain an irredeemable p;
:, per money, but lot of bankers cal
4 And hence this gigantic Republic,
r the culmina tion Of the worlds civil,
0 ation,-is like CULVER in Lillipu
y when the cunning pigmies had tie
+ him to the earth by taste ming the ind
vidual hairs of his head to pegs drive
d into the ground.
S When will the Mighty One aris
II and trample the knaves in the dus
e /. D.