Hutchinson gazette. [volume] (Hutchinson, Kan.) 1895-1902, 1895-01-31
HOW THE WORLDS GOLD SUPPLY IS DISTRIBUTED.
Rotlre the national hank BIN.

Inc natlonal banks have been and are
continually withdrawing gold from
the treasury by rendering SO called
coin certificates or treasury notes and
demanding the gold in exchange.
The shifting of this metal from the
treasury to the banks and from the
banks back to the treasury, only to be
again withdrawn when the latter de-
sire an issue of bonds by the govern
ment, may be successfully repeated
without limit, unless the people take
up line of action in self defense,
which will be effective in calling a
halt to such unpatriotic and dishonor'
able financiering.
We suggest that, as the national
banks have set in circulation among
the people $907, 100000 of their own
national bank bills, while sorting and
keeping out of circulation these treas.
ury or coin notes for the above indi-
Gated purpose of exchanging them for
gold, that the people who believe in
protecting the government. e., them
selves--from the nefarious practice of
sorting the currency for the illegiti-
mate purpose of draining the treasury
of gold, do tender to the banks at their
earliest convenience in exchange for
legal tenders" any national bank bill
coming within their possession, before
using the same.
And further believing that the peo-
pie of these United States have but this
one weapon left at their command, by
which they can successfully resist or
seek redress from the injustice and inn
position practiced upon them by the
national banks, we therefore urge all
who believe in the government issue
of money direct to the people to act
individually and collectively, if posi-
BILE, to further the above movement.
1. Tender every national bank bill
direct to the banks, instead of passing
it GA and thus keeping it in circula-
ton.
9. Buy every national bank bill
found in circulation among friends or
business associates, and tender these
also to the bank.
8. Urge every friend and business
associate to do likewise.
The law compels every national
bank to redeem its own notes as we'll as
those of other national banks in gov
eminent illegal tender" money, and
the inevitable result would be to force
the national bank bill out of cireula-
ton into the banks, while the talk
about the retirement of the national
currency to make place for bank bills
would soon cease.
The banks would either desist
through discretion from looting the
treasury of its gold or be forced to
stop their operations through lack Of
the kinds of bills Treasury notes and
legal tender) necessary to continue
this nefsrious scheme; while the gov.
eminent legal tender" received in ex-
change would take the place of the
national bank bill in general circula-
ton among tine people, where it could
not be used by designing bankers to
draw gold from the treasury.
By the gradual operation of this
combined action on the part Of all be-
levers in the government issue of
money, more perfect condemnation
of the schemes of national bankers
will be effected than could possibly be
enacted by law or resolutions;
and in time, the only out
standing circulation would be
the government legal tender" while
the discredit thus thrown upon the
national bank bill would compel its
withdrawal from the circulating me-
dunn of the country.
A more thoroughly practical and
effective solution OF the currency
question for and by the people, than
would result from such action, could
not be devised in tho interest of an
honest money issued by the govern
ment
The above has been sent 20 us by a
friend, who believes in fighting the
enemy with his own kind of weapons
We print it for the consideration Of
those who would like to retaliate on
the bsnlsA National Waterman.