The midland journal. (Rising Sun, Md.) 1885-1947, 1896-08-28
Goldbug Buster and Threats Power.
less Against the People.

any CnanSe by aCCumulatlnS SOlu. 1uey
can transfer their investments, as many
men of means are now doing, from Amer
lean to English securities.
who will protect the savings bank
depositor Who will preserve the 5,ooo,-
900 persons holding savings bank deposits
from the loss of 81 900, 900, 900 when their
deposits fall one-half i'll value? What
recourse have building association men,
bers, 1000, 900 in number, who have
loaned $500, 900, 900 in gold and are to see
it cut to one-half this i'll silver? Who
can save $I2, 900. 600, 900 ofinsurance from
being cashed in silver worth one-half the
gold value paid for premiums ?'
The above quotation though clipped
from one is the voice of all the gold con-
spiracy press. 1t contains an alarm which
should strike like fire bell in the night.
1t is threat to frighten and lie to de-
ceive and mislead the people.
We are told that the Corporations, the
banks and great fortunes" can protect
themselves. And they are doing this by
accommodating gold. These gold idolaters
are transferring their wealth to England
for safety. They fear to trust it in this
country where it has all been gathered.
The unpatriotic, the un-American spirit
which breathes in the above sentence
ought to impress every one of the work
ing, wealth producing class in this coun-
try. 1t is covert threat to American
independence, and American liberty.
These people, or that class, who have
grown rich and proud pulled up by the
wealth they have virtually robbed the
great toiling masses of, are leaning on
England, the only national enemy of this
country in the world. They are ready to
join that monarchical, aristocratic, purse
proud nation for the overthrow of this
Republic. That class having got possess
sion of the machinery of the Republican
party has shaped the policy and enacted
the laws for the third of a century. These
corporations, banks and colossal fortunes
which are now arrogantly threatening the
people have been built up at their cost
and out of the wealth their toll produced,
and their newspaper organs tell the peo-
pie they can protect themselves by gath
ering gold and transferring it to England,
to the Bank of England, owned, managed
and directed by the Rothschild family
These are idle threats and idle boasts.
Let them gather all the gold in the coun-
try, go to London and stay there. But
the great corporations ard banks must
stay here. They must remain under the
control of the United States government
and face the power of the people, who can
strip them of their power to harm and
boosted strength in short order, and this
is what they are preparing to do, hence
their fright and threats. The people can
crush them as easily as boy can an egg
shell. England cannot save them. Their
gold cannot same them. The people are
not frightened by their bombast of power
or impotent threats.
And who will protect the savings bank
depositors, and building associations and
insurance companies? Who has built
these institutions up? Who has made
them what they are, that they in their
arrogance rise up now and threaten the
people. What but the industry of the
people? On what do they rest but the
wealth of the people? These savings of
the people which are represented in the
millions credited to the savings banks
the building and loan associations, the
insurance companies, are all invested in
the property of the people. If that prop
erty is destroyed by the gold standard and
a steady fall of prices, as is being done,
how are these institutions to pay their
creditors? They do not pay in gold, and
never intend to, and if they did it wonld
be no better to their creditors than any
other money. If the peoples property is
destroyed by the gold standard and Eng
lish systems of government, in place of
paying in silver they would be unable to
pay anything. If any of these institutions
were called on by their depositors to pay
within month or six months they could
not pay fifty cents ON the dollar to their
depositors, and they are under their
boosted gold standard.
When the wealth and property of the
people is DESTROYED by vicious financial
system, the institutions which rest on that
property are inevitably made bankrupt.
The English gold standard system which
is devouring the substance of the people
has brought every savings bank, every
insurance company and every corporation
nearer to the verge of bankruptcy than
they ever were before and their only hope
for safety is in the reconciliation of silver,
and this the broad common sense of the
people is realizing.
The deception these gold conspirators
are striving to impose upon the people is
that silver dollars will be worth only fifty
cents in gold when our minis are opened
again to free coinage. When this lie is
exploded their whole argument falls to
the ground. This argument, which is a
deception, rests on the fact that silver
bullion in weight is worth only So cents
for 37I4 grains of silver, the quantity of
silver in a dollar. When the United
States minis are open to free coinage sill
yer will be worth in the bullion state 81 30
an ounce, as it always was before the
minis were closed, and the gold dollar
will be worth no more. four minis coin