The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1896-09-11

srnease the silver distuIbance. 81
least for time, by this aiuption y.
What il knvwn as thu Blrnu.-Ai'1so"
oct nv viii h silver iollfrs were "
Ia coined ae IJlun The people
we're To be- iyo,eu Into the belief tna'
,hey renll, had = silver dollar. Many
wste cone the people seemed sa.-
,sded because " the legel senuer
ouality with compelled tne'.
ad,rculati.n. Nearly three-hundred
and fluy miiifous were coi"eu'
Now the people again begin 70 dis
nnvax thai these dollars are NOT mon
90 and can not be used In the pay
,3ant Of bonds: they lay Idle In the
,rsssurv. the storm 10 still mutter-
mo- conhdenee 10 lacking, and a
crisis approaching. 10 avert IL again
sha Hand Allison act Is suspended
nv the sherman purchasing act, by
which the government wentinto the
hnsiness Of purchasing silver and Is
snino silver cirtthcates against the
bullion Deposited. THESE cirtifi-
49, were thrown out as money
Soon the men that raised wheat De-
nan to inquire why 1t was the gov
eminent was buying silver and not
his wheat: II Il has no money valve
IL is commodity and Is no more en-
titled to the patronage Of the govern
ment than wheat. In the meantime
there 10 trouble with the gold re-
serve. A panic Is precipitated-th
manic OF 1899. Mr.. Cleveland sum
mons congress In extraordinary ses-
sions, nd inforn1es them that the
countrs will go to the devil unless
the Sh rman purchasing act is re-
peeled and Mr.. Sherman BOWS his
bead. md he and his republican al
lies io hands with the demo Graf s
and repeal that part OF this bill that
compelled the government to pur-
chase so many ounces Of silver per
month, Bear In mind, all the time
that silver has been demonetized II
Is 40 longer money.
Now comes the chance Of the
money barons. The legislation Is all
right; compress has performed its
part Of the contract; these fellows In
Wall street begin to lay Siege to the
one hundred million gold fund
Gradually they run 1t down until
the danger line IL reached; panic
ana confusion. thicken; banks-I
mean country banks-are scared
and refuse loans, In q short time
the government ts compelled to
capitulate, and an Issue OF sixty-two
millions Of bonds is ordered and
thrown out. to the vuitures. They
are coin bonds, and they buy them
at coin prices; now comes In the
legIsIatlve part Of the scheme by
which silver cannot be used in their
redemption they are declared gold
bonds, and In this transaction these
money kings are winners to the
amount u from sixteen millions to
twenty millions Of dollars. They
wait . little while after the gold
fund L. replenished and then attack
It again. Successful as before the
government was compelled to issue
dfty millions more bonds. These
they gobble up and divide the prof
its, which are sixteen millions
! They rsst . little while and come
back asaia. NJ. Cleveland holds
lout unsil the very last moment. IL
1.-THE meantime panic aud confusion
paraiysis Of business and failures In
business continue; nnally he sur
rendera and throws out TO the vul.
lures one hundred millions in bonds
on the Issue Of which they make
thirty two millions Of dollars. Dur
ing all This time the country A
GRADUALLY growing worse and heI
po6r people, a. we'll 90 the m.ddl,
classes, are beginning to see whs
little they have slipping away from
them. Ttmes are hard and gfowin1
harder. The election IL about t
take place. These people are In.
quiIing into the cause. There Il
great confusion In the temple; thes,
blood suckers, regardless Of politics
begin - cap and ruin the one hun.
dred million fund; again the golt
reserve falls to about eighty fiv,
millions. Boss Hanna sees that 4
will destroy Mckinley for Presiden {
he meets j. Pierpont Morgan 4 Co.
ut the house Of WhiteIaw Reid, an(
arranges that these raids shall b.
stopped, at least until after the cleo
ton; and 50 the banks of Boston
Chicago and Philadelphia'f urnishe c
enough gold TO put the reserve abov,
the one hundred million mark.
How patriotic these banks wsreS
Why had they not shown some o
this patriotism and love Of countr,
at the first second or third raid
The answer II plaini To allow tn,
Issue Of bonds now would endange
the election Of Mckinley, and thei
put q Anal duietus to the goos'
which rad LAIN for them 50 man,
golden eggs.
Mr.. Cleveland you will remember
actually made q contract with J
Pierpont Morgan 4 Co., to hold Vi
the credit Of the Nation for tn
period OF six months. and yet W,
are told that this is a healthy finan
cial system, born Of republican
wisdom. OF shame that a govern
ment whose wealth is estimated a
sixty biiliOns Of a dollars ehould be
come the plaything Of those VIII
care but little for 1t except as the
rob its people.
The people, the government, ba
been robbed of millions upon mil
lions Of dollars through these bon
purchases aud bond legislation. Tn
combination OF officials and bon
syndicates In thus constituting pla
Anglo-Saxon word to mean tina
which no photographer had befor
piven to 1t, and which congress re
pudiated, makes millions tor bon
holders and their allies; and rob
the Industries Of aSnation to enric
the already.many millionaries.