Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1896-11-24
DID they Merit the Censures


ception to our criticism of national
bankers and our assertion that "but
few of them but merit term in the
penitentiary," characterizing the
statement as anarchistic.
Before retracting, we propose ex
aiming the record the national
bankers of the country have made for
themselves, leaving it to the public
to decide whether our criticism is I'M
deserved. And here we remark that
of the more than 5000 national banks
we are not cognizant of more than
dozen that did not acquiesse in the
conspiracy organized by the bankers
of Wall street in the spring of 1893,
for the purpose of collecting the votes
of the national and other banks in
and about Wall street, upon the
proposition to assail the national
industry of agriculture, commerce,
prosperity and social order of the
American people, the assault to be
engineered by the national bank
presidents of New York, as the swift
est and surest means of coercing con-
gress and the country into their de-
mand for the repeal of the Sherman
silver law.
At this most extraordinary meeting
OF bank presidents representing more
than one hundred institutions of the
kind were representatives of N. M.
Rothschilds g. Sons of London, of
Speyer u Co., London, and Drexel,
Morgan & Co. The administration
at Washington was represented by
John g. Carlisle, by Conrad N. Jor-
dan, sub treasurer of New York,
Chas. 3. Fairchild, former secretary
of the treasury, and by Mr.. Trenholm,
former controller Of the currency.
And it is proper here to remark that
without exception these men, bank
presidents, as we'll as the president OF
the United States, gave their vote
and voice to the election of Mckinley
alleging as reason, a fear that Bry,
an would not enforce the laws, the
very thing which they feared he
would do, as all were and are crimi
nails against the good and welfare Of
their country.
Now we will briefly summarize the
the result of the national banker
conspiracy against the business ant
prosperity of the country, between
the 9th day of April when this ex
traordinary meeting was held, ant
the Both of December 1898. During
that period of eight months, NOR
than $4,000 bankruptcies and suspen
sions had taken place, and more thai
600 banking institutions and bankin
firms had either suspended or bee
seriously injured. The total amour
involved in the bankruptcies an
pensions Of these firms, companie
and institutions during these eigh
months was fully $3.50, 100000. Dul
ing the same eight months 81, 200, 900
600 of railroad property was force
into the hands of these conspirator
of Wall street as receivers. and looterl
On the first of January 1894, NOR
than 3,000,O00 of men, women an
young persons who we're contentedl
at work in shops and factories on til
9th of April 1898, were out of work
and in great anxiety and distress, an
many of them hungry and suffering
On the Goth of April 1894, the Ne
York Tribune said ''that labor ha
been compelled to sacrifice from II
earnings, in one year, sum about q
great as the entire national debt CT,
ated by the war" 1t is not possibl
: to present the whole sum of the ev
these New York national bank assa'
slams inflicted upon the people whic
was coolly and deliberately planne
for that especial purpose. If the col
) spirators who produced these di,
disasters did not deserve the pen
Tertiary, then we ask, what class
anarchists ever did? Regarding {
, the public do your national bank 6
particeps criminis with the nation'
bankconspirators of Wall street, th
people may now "laugh at the
calamity, and mock when their fec
cometh."