The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1895-08-17

bonds" he said, "you can in twenty five
years pay it up without giving one cent
tribute in the form of interest. There
would be no interest attached, but the
arrangement would stipulste that per
cent of the amount be refunded each
year This is, when paid in, subtracted
from the total amount owed and at the
end of the twenty-five years instead OF
having paid up the amount in interest,
and having the debt yet to pay, you owe
nothing. The money borrowed would be
utilized for public improvements Make
your own water works, build good roads
and court houses, and when the money
ia all repaid to the government you have
more capital than you started with. This
is the plan that kept hammering on for
years.
Mr.. Coxey's theory of the hard times
of '94 and '95 was that the gold of the
country fed to Europe and home de-
positors became scared and withdrew
their deposits from the banks Then the
banks, in turn, became scared and re-
fused to loan money or extend notes"
John Sherman and Grover Cleveland
reminded the general of twins and also
of story:
"a short time ago friends of mine be-
came the happy parents of twins. as
they grew up their resem blance was SO
marked that the parents could no longer
determine Grover from John. Even the
mother was fooled and administered
Grover dose of castor oil that should
have been administered to John. And
so it is with John Sherman and Presi-
dent Cleveland. Their constituency have
long since failed to determine a differ
ence between them. But both should
be given a dose of this medicine to avoid
mistakes"
A reference to the great American
s'hobo' and the capitol grass elected ap-
plause.
One of the most earnest appeals made
by the speaker was for cash basis of
business rather than the ruinous credit
system TO which our country had drIfted.
At the close of heated scoring of Grover
Cleveland and national bankers the
speaker shouted: "The way the bankers
have acted and are acting l say they are
1he only real anarchists of this country"
He charged that sine president of the
| United States used his immense patron
age to corrupt the representatives and
senators and cited numerous instances to
| bear out his theory.
MIR. Coxey had long and imposing ar
ray of figures at hand and they "trooped
forth" in quick order at his command.
The speaker asserted that she nOn-in-
terest bearing bond scheme was part of
the Omaha platform and ne hoped to see
it nailed to tue mast head of the national
platform. That was the line he was ham
mering away upon.
'My non-interest bearing bonds are
| Just as good money as any body's and are
| redeemable in gold, silver, wheat. cotton
| or corn, and full legal tender for all
debts, public aud private" added the
| commonwealer.
''lrs on par with the yellow gold
John Sherman and Grover Cleveland
style God's money"
The audience seemed to enter into his
views, for liberal applause followed
His sketch of the march to Washing
ton" was extremely interesting and a
we'll told tale.
"Papers cartooned me as sitting at the
door of an insane asylum and as the ma
with wheels in my head But with bul
dog tenacity my men and marched on
and reached Washington without com
hitting a single depreciation. l Iikened
it to Westinghouse Valley Forge cam
paign. The authorities only gave me &c
days in jail and a five dollar fine, while
Jesus Christ was nailed to the cross with
long spikes and left hanging in the pub
lie gaze. think l escaped pretty well.
The Royal Baking Powder was intro
duced to the public third of a century
ago. and from that time the era Of good
bread, biscuit, cake and pastry com
| manCod