The people's messenger. (Okolona, Miss.) 18??-1???, 1895-11-20
THE INFAMOCS SCHEME
MATCHED,
BY The National Bankers Assoc
citation At Atlanta.

The Bankers Association held national
meeting 10 Atlanta la.t week. twill Del
noticed 'ta. thi. meeting was held just be-
fore The .rening Il theueat session Of Con-
eress. They have been puieciirg their
plans and methods Of controlling tLe neat
session 81 Congress. They arc now ready
for the ueIt step 90 The heartless scheme q
greed and oppression. These banking agents
u the gold trust, whose business II Is 70
make Is much money Is they can by loans,
discounts, and By issuing notes, have BIT on
what they consider 81 inialhb'o remedy for
the ansncial ilIs the country Is suffering
from.
We know how the Cleveland adminisia-
ton ha, issued 1853 900 900 bones to pur-
chase gold, which is no sooner in the Treas
ury vaults than it slips AWAY sgain. It will
beremembered that IN 1898 the White House
fnsncier, with the confidence born Of igno-
rance, declared that the yellow metal left
the Treasury because The government con-
i'nued purchasing silver. An extra session
Of Congress was called and a law passed
putting stop to silver purchasing.
Cleveland had bis way, ard The country
waited to see whether bis prediction would
be verified. Alas for bic reputation a' a
financial prophet! The outflow Of gold
insttad Of ccasing or even decreasing I'M
creased after the repeal Of the Sherman
Law.
The repeal Of the silver purchasing law
having failed to keep gold in the Treasury,
the next step WIS TO call in Morgan, Roth
childs & Co., and permit them to dictate
usurious terms f,r furnishing gold, which
is again leaked out Of The Treasury. The
upshot Of this sort Of fnancering is that the
public debt has been increased, aud the
banker friends Of the administration have
gathered in the way Of profits $4,000 OOO.
Now this Bsnkers' Association at Atlanta
comes forward with another remedy(0
which is another step in the plot Of The gold
conspiracy 10 enslave America. It is TO
pass a law 10 call in the greenbacks and
notes Of the government, amounting in round
numbers to $500, 100000, and to iasue in
their stead $500, 900, 900 Of per cent. bonds
10 serve as a basis for bank currency, the
profits on the circulation Of which would
20 into the pockets Of few thousand bank
srs.
In other words, the annual interest charge
As to be increased SIS, 100000, in order that
the bankers may obtain the monopoly Of
supplying the people with currency, which
is absolutely necessary for the transaction Of
business Of all kinds. To put it another way
the people viii have to pay every year
$4,000, 900 for notes that now cost them
nothing. And worse than that, to give the
bankers full power to contract or expand
the circulation at their pleasure.
At such cost the sovereign prerogative
Of issuing money, which no government
should part with, will be handed over 70 .
few thousand banking corporations, which
will thenceiorth be in position to control
the volume Of currency TO their advantage
Such Is the scheme the bankers have Matched
II Is said to have the hearty approval Of
Grover Clevland, who is expected to help
it on by recommending to Congress that I
legislste the greenbacks out Of existence.
The Bankers Association at Atlanta hai
sounded the keynote for further attack OF
the peoples money, and we fear that IL
echo, heard in the Halls Of Congress, vii
brighten The peoples representatives int
giving their consent 10 . scheme Of hnanc
sring which win place the country still fur
Their at the mercy Of the money lenders, who
hate the greenback, because It stands BE-
tween them and usuriOus profits.
Oh, for another Andrew Jackson in th'
White House to fight this hidra-headet
monster-this destroyer Of q nations pros
perity and liberty
The people must elect an honest MAI
and patriot for President or this republic !
doomed. -Cauoasi0n.
4 - =. = =. Al Al