The representative. [volume] (St. Paul, Minn.) 1893-1901, 1896-01-22
THE BANKER CONSPIRACY,
"A BOLD SET OF KNAVES WHO
THINK THEY OWN THE
REPUBLIC.
They Should Be Suppressed AS
Traitors or Driven Out OF
the Country.
THE ENEMY OF THE REPUBLIC.

If any further evidence were neces-
sary to show that the Bankers Associ-
alton of the United States as now or.
ganlZed is an enemy OF the Repub bile,
the villainous language employed in
their debates would settle the Ques-
tion. We call particular attention to
the speech of Mr.. George N. Aldredge.
delivered before the bankers conven.
tion at Atlanta, Ga.
Mr.. Aldredge charged that "it is re.
| pudiation of a debt and not coinage
that the 16 to l man is after.'' A
gOld-bug who has doubled the value
of his property-bonds and money-by
the clandestine destruction of one
half the metallic money of the world
denounces the people who demand the
restoration of the money of the Con-
stitution as repudlatOrS. AS we'll
might highwayman charge the vic
tim of his robbery with eXtortion; as
we'll might the burglar charge the
owner Of the dwelling he had raided
with dishonesty because he was un-
able to find all the treasures of his
victim.
Again Mr.. Aldredge says:
'"The proposition that this govern
ment should coin silver for the world
in unlimited amount at double it's
market value is so repugnant to the
common sense of mankind that it
ought to be unnecessary to discuss it:
and it would be, buG for the fact that
portion of our people have been
misled by appeals to their prejudices
and by the specious reasoning Of
sophists.''
The venom Of Mr. Aldredge in the
foregoing passage is so far exceeded
by his ignorance as to render it en-
tirely harmless. There never was a
proposition to coin silver for the
world at double it's market value or at
all, and if Mr.. Aldredge knew any
thing about the subject he woul d
know that fact. The proposition of
the advocates of silver is that the
United States shall coin both gold
and silver for the people of the United
States as was done from the founda-
tiOn Of the government previous to
the crime Of 1878, to which crime Mr..
Aldredge is accessory after the fact.
No country is in the habit of coming
money for other countries. Each ma
tion which has an independent gov
ernment coins it's own money and en-
RI vrtf1 hn
within its Jurisdiction and not else
where. The money of the United
States. whether gold, silver, or paper,
is not endowed with the money func-
tiOn beyond the jurisdiction of the
United States, and it's value beyond
that jurisdiction depends upon it's
purchasing power in the country of
its creation. The money of every
country is worth as much in foreign
lands as in the country of it's creation,
less the difference of exchange, but it
must be sent back where it was
created before it will be again en-
dowed with its money function. The
Mexican mintS are open to the un-
limited coinage of silver. Mexico
does not coin silver for all the world
but simply for her own use. The
mints of Japan are open to the un-
limited coinage of silver. but that
does not compel Japan to coin silver
for all mankind. What the silver
men complain of is that Mr. Aldredge
and his associate gold-bugs have de-
MED, by their fraudulent practices,
the right of the people of the United
States to mine and have coined their
own money as provided by the Const
tuition, and they are especially out
ragged because Mr.. Aldredge and his
co-conspirators have changed every
con tract in the United States from
contract payabl in gold or silver to a
contract payable in gold alone. This
has been done by robbing the people
of their silver money to enhance the
value of the gold money which the
gold syndicate, represented by the
Bankers Association at Atlanta, own
and control. Mr.. Aldredge says:
"That the leading nations Of the
earth, after testing silver for hun
dreds Of years, voluntarily adopted
the single gold standard"
This is false, and the only apology
which can be made for the falsehOod
is the ignorance Of the man who made
the assertion. Silver was demOne-
tized in England in 1916 for the pur-
pose of enhancing the value of bonds
and obligations payable in money, and
the purpose was accomplished in the
ruin of the great mass of the English
people and the building up of a gold |
aristOcracy which is now making war
upon the rights and liberties of man.
kind. BY this foul act gold combi-
nation was formed in England which
has grown until it's baneful effects
reach every gold standard couatry in