The Caucasian. (Clinton, N.C.) 188?-1913, 1895-10-31
The INFAMOUS
SCHEME HATCHED
By the National Baker, Ano-
ciaiion q, Atlanta Last
Week.
ANOTHER ATTACK on THE
PEOPLES MONEY.

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The Banker Association held n
naiioLal meeting In AiiAniA lAs,
sr-s- liz ~ili BE- noticed that thls
meeting sas held !asi bcforc 'h. op-n-
ibg of the nexi ssSslou Of Cousr,...
They have been pcr.cctlng tb-ar
plans aud methods ior cvuIfolhnx
the ne II s.ssion OF Congress They
arc nov ready for IN. neat step an
their heartlcss scheme Of greed and
oppression. Thcse bsnkIay agents
Of The gold trusi. whose busIn.as q;
is TO make As much money - they
can by loans, diseoants. and by issa-
ing notes, have hit on What they
consider m IniAllble r-m-dy for the
financial ais the country - suG~rng
from.
Ne know how ih. Cleveland Ad-
minisiration has issu,d sl6J UuO 90
bonds to purchAs. gold. which is no
sooner IN the Treasury vault. than
a. slips AWAY AGAIN. IL vail d. TO
memtcred that IN 1893 the White
House hnAncI-r. with the confidence
born of ignorance, declared that the
yellow metal left the Treasury be-
cause the government continued
purchasing silver. An extra session
OF Congress MAS called. aud . iAv
passed putting u stop TO silver pur-
chasing.
Cleveland had has way, and the
country waited 10 zee whether kls
prediction would be verified. Alas
for hls reputation as n financial
prophet. The outflow OF gold. an
stead OF ceasIng. or even decreAs-
ing, increased alter the repeal y; the
Sherman law.
The repeal of the silver purchas-
ing Law having failed TO keep gold
Ia the Treasury, III. next step Was
TO call in Morgan, koihschild a CO.,
and permit them TO dictate usurious
terms for furnishing gold, which 10
again leaking out Of the Treasury.
The upshot of this sort Of HnAnci-r-
ing Is that the public debt has been
increA sed, and the banker friends OF
the administration have gathered IN
IN the way OF profits $4,000. 900.
Now this Bankers Association At
Atlanta comes forward with another
remedy ~, which Is another step IN
the plot of the gold conspiracy 10
enslAve America. In Is TO pAss Law
10 call IN the greenbacks and notes
Of The government, amounting IN
round numbers To- 500 OOO 600, and
TO issue In their stead 500 90 900 Of
5 per cent. bonds To sety. as n basis
for bank currency, iEe profits on
the circulation OF which would 40
into the pockets of q lev thousand
bankers.
In other words, the annual inter
est charge Is to be increased fifteen
million dollars, an order that the
bankers may obtain the monopoly
ot supplying the people with eur
rency, which II absolutely necessary
.or the transaction of busin.ss 50 of all
kinds. To put IL IN another w&y.
the people Will have To pay every
year fifteen million dollars for notes
that now cost them nothing. Aud
worse than that, To give The bankers
the full power TO contract or Expand
the circulation AT their pleasure.
AT such = cost the sovereign pre-
rogAtive Of issuing money, which no
government should part with, vail
ue handed over TO . few thousand
banking corporations, which sill
thenceforth be Ia q position 10 con-
troll the volume of currency TO their
own advantage. Such is the scheme
the bankers have Eatcbed. IL II
said TO have the hearty approval OF
Grover Cleveland, who Is expected
TO help IL On by recommending 10
Congress that II legislate the green
back out Of existence.
= The meeting of the Bankers' As
soc,ation at Atlanta has sounded the
, keynote for further attack On the
peoples money, and We fear that ats
/ echo, heard In the halls Of Congress
I will brighten the peoples represents
tIves into giving their consent TO q
scheme of fnanciering which will
place the country still furtber ~ The
mercy of money lenders, who hate
g the greenbaek, because II stands be
= tween them and usurious profits
On. for another Andrew Jackson
, in the White House TO fight TIM
!. nydra-headed monster-ibis destroy
s er Of nations prosperity and LAB
!, erty!
The people must elect an homes
nan and patriot for President, o
. this govern ment is doomed!