The representative. [volume] (St. Paul, Minn.) 1893-1901, 1896-05-06
THE GREAT CONSPIRACY.
Conclusive Proof That the Panic of
1898, Which Cost Thousands
Their Lives and Millions
Their Fortunes,
Was Created by the Joint Action Of tho Ma
tional Bankers Of New York. and Grover
Cleveland and John G. Carlisle.
BY J. W. soHucKERs


Cleveland and John G. Carlisle.
BY j. w. SOHUCKERS,
President Iincoin's Great secrstarv OF the
Treasury, during the Civil War.
Continued from last sCeek)
On the seventh of June-six
weeks after the Williams House meet
ing-the New York Sun in its money
article. said, among other things,
that
THE presidents Of the New York.
banks think that the so-called Object
Lessons has been carried far enough"
and that 'they see
nothing to be gained by further
shrinkage in values and unsettling OF
credits"
The National Bank presidents, Sc
cure In their marble and granite
castles in and about Wall Street, were
OF opinion. then, on the 7th of June,
1893, that their so-called Object Les
son had been carried far enough, and
that enough Shrinkage Of values and
unSettling Of credits had been effect
ed to justify them in taking a brief
rest from their Internal labors They
had produced immense effects, as was
witnessed In the paralysis OF industry
and commerce everywhere through
out the nation. They had exploded
banks; they had closed mills and fac
tories, until multitudes OF men and
women were out OF employ-many OF
them hungry and all OF them in dis
tress-and they had bankrupted, and
were bankrupting, merchants and
manufacturers on every side. The
South and West were being educated!
educated by disaster and ruin delib-
erately inflicted. The South and the
West-the tributary sections-were
in Wall Street!
Apparently the National Bank an
archists were tired. But they were not.
They were merely res ting, il indeed
they were even resting. Evidently
the country was not yet ready for
capitulation; there was much yet to
be done before it was fully ripe for
that projected extra session Of Con-
greSs that was to score their victory
over the rebellious South and West
and the bankers wrought on. More
over, they were waiting for the action
of British confederates.
LII.
By the 3Oth of June the culmina-
tion had been reached. From that
date onward to the middle of October.
THE NEW YORK NATIONAL BANK
PRESIDENTS WAR UPON THE NATION
AL PROSPERITY was tremendously at
it's flood; raging in the South, the
West and the Northwest with over
whelming force, and powerfully dis
lurbing also the Middle, the EaS tern
and the Northeastern States-thus
fulfilling in all it's parts, the Williams
House program.
LlV.
The condition of the country, on the
Goth Of June, Was-as above stated
one of immense storm and stress;
greatly aggravated, as respected the
silver question, by a sudden blow from
an unexpected quarter. This was the
closure of the British-Indian MINIS, by
an order of the Indian Government
on June 25, against the further free
coinage OF silver; and the fixing of a
rate of British-Indian exchange.
which had for its object further de-
preston in the price Of silver bullion.
This attack upon silver by the
British--Indian government--with
which the people Of India had abso-
lutely nothing whatever to do;
against which, indeed, they earnestly
protested; with which ninety-nine
hundredths of the British people had
nothing to do, and which was opposed
to the best interests both of Great
Britain and her Indian Empire, as
events have PROVED, was rec lived by
Wall Street, its allies, its mercenaries
and panderers, in Congress and out
with d scream Of exultation. TIE
Tribune announced the news in star +.
ling head lines: "A blow at silver
depresses the white metal, stimulaL-
ings repeal sentiment. The silver
men are dumb" Some Of the silver
men we're, indeed, stricken with
kind Of paralysis; but does any man,
in the possession Of his senses, sup
pose that this closure of the Indian
minis against silver was accidents at
this time? That this action Of the
British contederates Of Wall Street
did stimulate, and was intended to
stimulate, the repeal sentiment, adj
mits Of no doubt whatever. 1t was
part Of the most extended conspiracy
in the history of the nations.
- 1t was at this moment Of storm
and stress every where throughout
the country, when the sudden unex.
pected reinforcement of the New
York National Bank assassns by
their British allies was calculated
powerfully to influence the public
sentiment of the American peorle to
their designs, that, on June 90, Grover
Cleveland issued his call for an Elk
traOrdinary Session of Congress, to
meet on the 7th OF August following
ITO the end" said that person, that
the people may be relic we'd through
legisla tion (meaning the repeal OF the
silver law from the present and i'm
pending danger and distress"
Congress met accordingly on the 7th
Of August, and after three months of
hot debate and varying fortunes,
passed an act for the repeal Of the
purchase clause Of the. silver law,
which went into effect on Novem-
Der l.
This ends that half of the book
which we are permitted by contract
to publish. For the remaining and
most interesting chapters send %
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