Daily capital journal. (Salem, Or.) 1896-1899, 1896-09-05
prooucts nad woeIully decreased.
TIE nANKI @ pnwrn

| Inat our wurst foes are aomefimos
those Of our own hon ehold has been
repeatedly demonstrated in this country
" the mere less power w),;eh has been
exercised by the banks. During Jack
sons admin stuAtiop, in tue futile effort
to circumvent him. the 2shk Of the
United States precipitated panic upon
the country. AT the outbreak Of the
Civil War, the gold of the bank was
withdrawn from circulation and lay
hidden until it could come out and fat
ten on a nations necessity, and now in
the present war between the producers
Of the United States and the money
power Of Great Britain, we find the
banks of the country occupying a posi-
tion identical with that which the Tories
occupied in the Revolutionary wars.
There is something in the business Of
the money changer and the money
lender, which is calculated to blunt the
moral sense and weaken the patriotic
spirit And it was always so. When
the Savior of mankind was on earth,
he found language adequate to condemn
the sins of all classes except those of
the bankers, upon whose back he laid
the whip as he drove them from the
temple. That the bankers were the
only class which the gentle Savior
scourged with whip is most remark
able fact, which is well calculated to
direct public attention to their conduct
and Its effects upon the community and
the nation, and which should also serve
the purpose to that class Of our fellow
citizens Of subjecting their own motives
and actions to most rigorous process
of determination.
It is also a most remarkable fact that
Of the twelve apostles chosen by our
Savior from the various walks of life,
no single one was base enough 10 betray
Him except Judas, the banker. And IL
is no very violent presumption " sup
pose that he, like nearly all bankers,
was gold bug, and that the remorse
he suffered after his treacherous act
might have been in part occasioned by
the regret that he had not demanded
gold instead of deprecated silver as the
price Of the betrayal of his Lord and
Master.
The pertinacity of the banking scheme
to keep control ,of the finances Of the
country by which the bankers can
dictate TO the government and enslave
the people, and the absence of remorse
they exhibit In the expansion OF the
volume OF currency and then in contract.
ing it, by which heartless process count
less thousands are impoverished, while
their accumulations pass into the posses
sion of the bankers, stand out before the
! American people rs y most solemn
warning, in the language of Jefferson
that "tank paper must be suppressed
and the circulating medium restored to
the nation TO whom II belongs" and in
the language of the old Jacksonian Dem
ooratic platform THAT the separation
of the moneys of the government from
banking institutions Is Indispensable for
the safety of the funds of the govern
ment and the rights OF the people,"
MoNoMTALIIo BuoBEARs.
A few years ago many persons who
;, had learned the lessons taught by his
y tory, and who, reasoning from canae to
y effect, foretold the disaster that would
q befall the country by continued re-
fusal TO restore silver rs standard money,
were denominated by the plutocratic
l. press of the country, which invariably
8 sneezes whenever the bankers take snnf
$ as " calamity howlers." The tables are
Q now turned, and now the bankers and
L their rapera have become the very
j. worst kind OF calamity howlers." They
proRnosticate all manner of evil from
Q the restoration of silver a. money. They
u declare that II will drive gold all out Of
q the country. That Is just what they
q prophesied when the Bland law was
passed eighteen years ago, and they now
ignore the fact that from 1878 to 1890,
D. while that law was in operation the
I. treasury reports show that the imports
a Of gold exceeded the exports by twc
N hundred and twenty-four million, and
" that tho stock Of gold increased In thii
n country over $3.50, 100000
NJ Another bugbear 10 that foreign ma
}. tions will food our country with silver
,r There Is no danger. All the nations de
h. sire more silver, and would very mucl
N like IL II we would continue our presen
a financial policy in order that they nigh
"a continue 10 purchase IL as they hAv'
rs been doing at lbs deprecated value, a
"a commodity instead Of being hersafte
4. compelled 10 pay its real value N
cs money. Another bagbear Ia tina
NJ the restoration Of silver is In thu
ar interest Of the silver mine owner ant
o would benefit him. Its sdemonetization !,
40 in the interest OF the gold mine owner ans
Ht why should he be benefited any more
30 than tho silver mine owner. Both gol'
ar and silver are money metals no recog
ID nized by the Constitution and boil
40 should be treated exactly alike. .
course the restoration Of silver woul'
20 benefit the silver mine owner just th
"a same as IL would benefit all other classes
j. including those who are - bravel.
at fighting against It,
m Another Inisstatement OF the mono
il metallists ID that the present highe
90 value OF the United States dollar owe
Of that Of the Mexican dollar lies In tn
he fact that our dollar Is redeemnbio II
o gold, while tho MeEican dollar 10 NOT
ID That is not true From 1878 10 Octobe
OF IA, 1901, no one even for one inomen
o. supposed that the United states tFeasur
Az would ever DO foolish enough 10 redeem
a siIvar aArff0eakaa or the treasury note