The Black Hills union. [volume] (Rapid City, Pennington County, Dakota [S.D.]) 1889-1904, 1895-02-01
A SATANIC SCHEME.

A SATANIC SCHEME.
THE BANKERS PLAN TO DE-
STROY. THE GREENBACK.
They Want to Initiate With Bank Note.
That Can he Contracted or Expanded
at Their own Sweet Wnl--Legal Tender
Quality Greenbacks.
OF all the free coinage, greenback,
subtreasury, or other imitation methods
ever proposed, the Baltimore 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 gua~an-
tee their notes for so per cent
and confidence. 1t is an exhaustive
plan-that is, a plan to exhaust every
thing but the bankers
Secretary Carlisle endorses it; Presi-
dent Cleveland recommends it, and
Wall street is bidding for ia bill
has been introduced and is being re-
vlsed and discussed day and night for
the benefit of the bankers.
1t is proposed to eliminate the green
backs from our circulation by ssredeem-
ing" and destroying them. This means
more bonds to buy more gold todo the
redeeming 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.
che principle objections made to the
United States notes are thai they cir
culate as currency, that they are re-
issued after being redeemed and
that they tend to over rule silver an
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 our
banks, railroads and protected factor
les, own 30o,0oO,OoO 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.
IN order to maintain the Grade 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 gold standard It
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 combin ed"-and for once, he told
the truth-yet, these cormorants would
throttle the internal commerce of
America for the benefit of a 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 sunnly the deficiency OF
quite so internally flexible. It would
be entirely under the control of the
bankers-and nobody but a 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.