Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1895-01-16
A sArANIc scHEME.
Tho Bankers' Plan to Destroy the Green
hark.


OF all the free coinage, greenback,
subtreasury, or other imitation methods
ever proposed, the Baltimore-C Carlisle.
Springer plan is the most cold blooded
murderous proposition ever published.
The bankers who have howled them.
selves hoarse against imitation, now
propose to initiate the currency with
water.
Talk about class legislation, paternal-
ism and rag baby money! Fifty thou
sand bankers want to control the
volume of money for seventy million
people. They want the government
to give them money, because
they already have money. They
want the government to guaran-
tee their notes for 80 per cent
and confidence. 1t is an exhaustive
plan-that is, plan to exhaust every
thing but the bankers.
Secretary Carlisle endorses it; Presi-
dent Cleveland recommends it, and
Wall street is bidding for it-a bill
has been introduced and is being re-
vised and discussed day and night for
the benefit of the bankers
1t is proposed to eliminate the green
backs from our circulation by redeem
ing" and destroying them. This means
more bonds to buy more gold TODD the
Observation-Disclosures the bond sharks
like it.
The plan will practically demonetize
silver-therefore England is satisfied.
Altogether it is the most satisfac-
tory scheme that the money brokers
and mortgage fends of the world ever
! invented for enlargement of the slave
trade.
The principle objections made to the
United States notes are that they cir.
culate as currency, that they are re-
issued after being redeemed" and
that they tend to over rule silver as
compared with the standard unit of
value in this and other principal COM
mercial Counties
Then for the encouragement of
foreign capital" this is great. AS
foreign capitalists already control orr
banks, railroads and protected factor
les, own 300, 900 acres of our lands
and hold mortgage on the balance.
let us encourage them to renewed
effort by giving their banks the pow
ers of congress to regulate the value
of money.
What the devil do we care whether
there is any money for people at home
to carry on business? The importers.
exporters and brokers want money that
will settle balances with Europe. That
requires gold-but they will be mag
unanimous at home All they want of
America is the land and what it pro-
duces. This will leave the people free
air. They ought to be thankful fol-
that.
In order to maintain the trade re-
lations of few exporters and import
ers with other countries, it is recon-
mended by Messrs. Carlisle, Springer,
Cleveland and the bankers that we
should maintain a gold standard. 1t
was John j. ingalls, who said that the
internal commerce of the Mississippi
valley is greater than all the foreign
commerce of all the nations on the
globe combined and for once, he told
the truth-yet, these cormorants would
throttle the internal commerce of
America for the benefit of few rich
traders, who have accumulated enough
money to pay for legislation
in their favor. A gold standard
means low prices in America-and that
is where we live. The proposed bank
money might supply the deficiency of
circulating medium, if it were not
quite so internally flexible. 1t would
be entirely under the control of the
bankers-and nobody but fool
believes that bankers and money
loaners want an imitation of money
except temporarily. They are in
terested in having money scarce when
pay day comes-thus they get more
acres of land, bushels of wheat, more
corn, cotton, hogs or horses, than the
same amount of money would have
purchased when they made the loan.
The money loaners never help to
put down emergencies without good
pay The Baltimore plan would en-
able them to create panic every
harvest time.
They could ruin all the productive
industries of the nation by the turn of
a hand.
The merchants of the country would
be at their mercy.
Ye Gods! what shame!
The elasticity part of it is what
catches everything.
The power 20 contract is greater
than the power to expand, and hence
more profitable. Which way do you
suppose the elasticity will work?