Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1896-01-10
That War Talk.

When Congress assembled the sum-
mer of '93 and Cleveland sent his spe-
cial message advocating the demone-
tjzation of silver, the masses of the
people did not believe it possible for
congress to be induced to pass such
measure. Yet by collision of bank
ers and capitalists at home and
abroad, panic was produced, the
property OF business men was en-
dangered, and an earnest cry went
from business men OF
the cities for the unconditional re-
peal OF the silver purchase law.
Banks if not closed. refused loans,
and the merchant whose capital in
most cases was principally his credit,
saw bankruptcy in the immediate
future, unless confidence was re-
stored.n That is he saw that the
money power intended to continue
the stringency until silver was killed
the only law favorable to silver was
repealed. Hence the numerous petit
tions of business men-silver men
doubtless, many of them-for repeal.
And SO congress, which at its cleo
zion was probably for free silver was
sofniluenced that it demonetized sill
yer. OF course the power and patron
age of the.president and the money
power lobby figured also, but the
made .to-order panic was what did the
most effective work.
Now there is another scheme on
foot-a damnable plot to retire the
sreenbacks, that grand money, which
for three years of war and fourteen
years of peace was the only lawful
money in circulation, and which to-
gether with other government issues
of paper money. gave to this country
at the close of four years devastating
war. the greatest prosperity ever en-
joyed by any people. 1.-The poor" it
has been truly said, "for the first
time in history tasted the luxuries of
life" To successfully carry out the
Conspiracy to retire the greenbacks
new plans must be resorted to. The
scheme that repealed the silver law
wouldn't work again. The average
banker got more of that panic than
he bargained for. He doesn't want
any more of it, The thing necessary
is continual runs on the treasury's
redemption reserve. The frequent
depletion of the reserve and the fire.
luent issues of bonds to get more
odd. How can that be done? BY
e foreigners sending here railroad, gov
srnment and other bonds they hold
against this country, selling them
and having gold shipped to them i'll
payment. How can they be induced
to do that2 Before the schemers
frightened them with the silver case.
Now the Venezuelan question comes
to the aid of the money power. Ger
taiply threatened war between the
United States and, Englai d would
make foreign capitalists afraid O.
American securities-except the big
fellows such as Rothschilds, etc, who
are engineering the move and who
will increase their holdings during
the scare. The Venezuelan matter
which has been pending for fifty
years, is brought to u head now by
the money power for the purpose of
aiding the plot to retire greenbacks
and Issue bonds.
We expected Cleveland's second
message asking immediate action by
congress on the proposition to retire
greenbacks and issue bonds. When
.che greenbacks are out Of the way,
and our nation plastered with bonds,
the Venezuela matter will be settled
in friendly way. England could
well afford to give up its claim for
disputed territory in exchange for the
retirement of the greenbacks and the
issuance of bonds by this country
Missouri World.
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