Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1896-12-15
FROM VERMILYA.
Dover, MINI, Dec. s, 1895

s%3Szss ~ = kNOM GlItN4lll a. 81: $2&g5
4 DOVER, MINI, Dec. s, 1895.
ED1roR WHLMAR TR1BuNE-1n
your last issue there is an article
from the pen of my old friend,
DR.: Johnson 1t is headed
What Nextp" in which the
doctor says: I'VE believe that
the true policy for all Peoples
Party men, and also the Peoples
Party press, is to quit party agi-
tation for the present. I can't
agree with the doctor. And the
doctor wants to give the Repub.
Leans a chance to reform our
finances. Now, let us see what
their first reform is going to be.
The burden of their cry is to re-
tire all legal tender paper cur
rency and issue long time bonds,
aud to allow the banks to issue
up to par of the bonds. Let US
look at this Republican reform.
The deposits in banks is more
than eight times the amount of
the legal tenders. If the Repub-
licans get this reform measure
through the banks will exchange
the depositors' legal tenders for
bonds, and then draw every dol
lar back in national bank cur
rency to pay the depositor "a
clean gift of the full amount of
all the legal tenders to the banks.
Just think of stopping all agita-
ton in party lines when this
gigantic steal is being quietly
worked through. And they are
not satisfied with an ordinary
bond; they want a very long
time bond, payable in gold, so
that they can make this national
bank system perpetual. The
next reform is to retire the one
hundred millions of paper cur
rency that is of small denomina
tions, and allow no paper cur
rency smaller than the tive-dollar
note, and they raise the hypo-
critical cry of doing this in the
interest of silver. Their object
is to make every one buy a draft
through the banking fraternity,
no matter how small the amount
you wish to transmit by mail.
Just look at the mum Der of drafts
the banks could sell going to
newspapers alone of one, two
and three dollars each. Yes,
doctor, if we allow the national
banks to reform all of our
finances; there will be no use of
agitation afterwards, for nothing
but. blood and, rivers sof it, will
bring back the government of
the people by the people and for
the people," Oh, but that will
be a grand scheme, when the
bank that holds one hundred
thousand of the peoples depos-
tied money can send it to the
government and get one hun
dred thousand of bonds, draw
ing interest and exempt from
taxation, and get one hundred
thousand back in national bank
bills to pay the depositors And
this is the reform. and we are to
remain qqiet and wait to see how
it will restore confidence. The
rest of the doctors article, touch
ing fusion and middle of the
road, has nothing to do with the
case. Those that are opposed to
the plutocracy of gold and to the
bank of issue are my friends, no
matter how much they may SIT
DOWN ON MY AMBITIONS. I had
nothing to do with factions and
shall have none, and I believe
the faction that sat down on Mr..
Donnelly, at St. Louis, was the
most unwise and wholly uncalled
for faction that ever existed. No,
doctor, don't count me in. with
any faction, but when any true
and righteous principle is at
stake I hope to be found with
those advocating that principle,
no matter who the advocates
may be. friend or foe, black or
white. + The doctors plea for the
ESnnnOrtOf rofnr,oo ,,o,,ors &c o-co1