The midland journal. (Rising Sun, Md.) 1885-1947, 1896-02-21
shyIock's Last Skin Game.

The attempt ofthe Wall street bankers
through their servile daily press to take
credit to themselves for the astonishing"
success of the so-called popular" bond
sale would be amusing if it were not so
Infamous. The bids were scarcely an
nounced till their daily heralds were
filled with congratulatory interviews ex-
pressing the supreme satisfaction the New
York Shylocks felt for the great popu-
larity of the loan among the people !
! They prophecied the restoration of ''con-
! fidence," the impulse to business and the
season of unparalleled prosperity which
would set in at once. great deal of
such CANNON filled their papers for a few
days after the bids were opened.
AS matter of fact the people" took
no part in the bids for the bonds. The
proposals for bids shut Morgan and his
English gang off from marking secret
bargain with Cleveland and Carlisle as
they did last February, with division of
the plumber among themselves and gave
the whole money class a chance to share
in the robbery. The same bonds were
selling for Is to 20 above par in the
market and there was no risk in bidding
below these prices as speculation, and
that is exactly what was done. But the
bids were not made by the people" only
the banking and money lending class,
whose money is lying idle on account of
the prostration of business, caused by low
and steadily falling prices, which in turn
is caused by the contraction of the cur
rency. The parties into whose possession
interest had drawn the money which low
prices and contracting currency had
driven out of use, are the men who bid
for this popular" loan. This so-called
popular loan has one redeeming feature;
it shows up the rascality- almost brazen
which Pierpont Morgan and his syndi-
cate on one side and Cleveland aid Car
Isle on the other practiced i'll the sale of
sixty-two millions of bonds at Io4H, and
which they were preparing to repeat if
other bankers who had been shut out
before had not raised such row as scared
the thieves before they were able to conf
plete the job.
The infamy of this bond robbery is
being drowned and put out of sight of the
people by the goldites and their news
papers attempting to claim it as demon
stratinga the confidence of the American
people i'll their government and how the
credit of the nation has been strengthened
abroad, which according to those vera
cious authorities, was pretty nearly at the
jumping off point, driven there by the
silver party.
The inlpudent audacity of this gang of
pluderers of the people has reached po-
sition that is really astounding. The idea
of them taking credit to themselves for
placing the people in such distressed and
depressed conditions as they never dream
ed of before, and those conditions appear
ing in the midst of a series of years of
the most bountiful production of wealth
from field, mine and factory. To humbug
the people and continue to deceive them
into voting the same sell-out parties into
power is the object, and every straw of
hope is eagerly grasped at.
We trust the people are watching and
studying these artful dodgers and that
they will not be able to play their old
thimblerig game on them again next fall.
To hear this precious gang, with straight
faces tell the people that piliug millions
of 3o-year bonds and debt on them and
their posteritv to pay with interest to
class of Shylocks, to preserve the national
credit, is so audacious as to be almost past
belief. And when the government bonds
were quoted as high as 20 above par to
hear these brazen humbugs tell the public
that bids as low as 10 or IL of premium is
adding wonderfully to the government
credit For brass Belzeebub is mere
baby to Shylock.