The representative. [volume] (St. Paul, Minn.) 1893-1901, 1896-05-20

calculating patriotism of the North and the
frey impetuous chivalry Of the South were
drawn up in martial array and mortal COM
bat. Our government was rent in twain;
vast armies trOd the soil on either side.
But both governments found themselves
without money. The bondholder had al
ways taught mankind that governments
could not make money, that gold and SIT
yer was the only money, and Gods decree
and not mans law, had made that money.
The bondholders (mostly foreign cajoled
and coquetted with both sides. He whis-
pered consolation to the confederacy and
cheered on the union. Men could volun-
teer but money would not; men could be
conscripted, but money could not. Amid
the dreaded agony of the hour the bond
holder found his opportunity. He pro-
posed to loan the union money if she would
mortgage the blood and tax the property
and soils of the people to pay it by isuing
bonds. Then upon these bonds she must
re-establish the banking system. It was
done. The design of the bondholders' con-
spiracy was accomplished. When Andrew
Jackson had many years before hurled the
banks from tyrann:cal sway over our coun-
try, Thomas Benton had warned the peo-
pie that the old British lion had only been
heal her wounds; that she would come
again and when she came she would come
with generation of whe,ps" Oh, my
friends, how prophetic his words The lion
did return and with her generation OF
wheips, and in the best building IN every
county seat today one of her whelps is
Gagged. His cages are gilt-edged and grand,
paved with marble and frescoed with brass
and bronze
If you have any doubt of the cruel de-
sign of these consp:rators let me refer you
to the Hazard circular sent by the bank
ers Of Europe to their agents in America
in 1862, as follows:
Slavery is likely to be abolished by the
war power and .chattel slavery destroyed.
This l and my European friends are in
| favor of, for slavery is but the owning of
labor and carries with it the care for the
labor, while the European plan, led on b.
England, is for capital to control labor by
controlling the wages This can be done
| by controlling the money. The great debt
| that capitalists will see to It is made out of
| the war; must be used as means to control
the volume of the money. To accomplish
| this the bonds must be used for banking
basis. We are now waiting for the secre-
tary of the treasury to make the recon-
mendation to congress. It Will not do to
allow the greenbacks as it is called, to cir
culate as money for any length of time, as
we cannot control it,
This secret circular set out the fact
that chattel slavery would be abolished
that the bondholders and bankers of Eu
rope preferred this; that their method OF
controlling labor was through money
system and not by owning the laborers
| that the bankers of England would see Il
it that the debt of the union would be in
creased until it would furnish bono
basis sufficient for a banking system
This was done among the smoke, shell
and seething surge of contend:ng armies
one crying that the union must be saveo
and human slavery destroyed: the othel
crying that the state must be preserved
and property rights protected. the debt!
grew mountain high. and while our sol
was baptized in blood, wreathed in smok,
and trembling under laundering cannon
to settle the legal questions of holding al
alien race in chattle slavery, these vii,
consp;rators, these heartless usurpers
these cold-blooded foreign tyrants wer
perfecting a plan to enslave ourselves
and our posterity, as we'll as re-enslav,
the black race-not by owning slaves, blu
by taking the product of his labor to pa,
interest on bank bills, and by making 81
scarce and hard to get that years labo
would bring so Few dollars that the la
borer though nominally free was only
slave, half clad, half fed, homeless
hungry and cold. They wouldn't have t