The Caucasian. (Clinton, N.C.) 188?-1913, 1896-05-14

/ believe that banking institutions
are more dangerous to our liberties
than standing armies. Already they
have raised up money aristOcracy
that has set the government at def
ance. The issuing power should be
taken from the banks and restored to
the government and the people, to
whom it properly belongs.-ThOs. JEFF
fersOn.
"You can fool part of the people all
the time; you can fool all of the peO-
pie part of the time, but you can never
fool all of the people all the time."-
Abraham Lincoln.
The power that controls the issue
and volume of the currency is absolute
dictator of the business and finance of
the cOuntry.-Jas. A. Garfield.
There never has been devised by
man plan more speciOus by which
labor could be robbed of the fruits of
toll, than the banking system. The
people not only take bank paper as
money, paying interest on it at enOr-
nous rates, but when the banks sus-
pend the people lose the discount,
while the bankers gain it. The people
wonder why financial panics occur so
frequently.-Daniel Webster.
Place the money power in the hands
of combination of a few individuals
and they, by expanding or contract
ing the currency, may raise or sink
prices at pleasure, and by purchasing
when at the greatest depression, and
selling when at the greatest elevation,
may command the whole property and
industry of the community. The
banking system concentrates and
places this power in the hands of those
who control it. Never was an engine
invented better calculated to place the
destinies of the many in the hands Of
the few.-JOhn G. Calhoun.
81 see in the near future crisis ap-
preaching that unnerves me and
causes me to tremble for the safety of
my country. AS result of the war,
corporations have been enthrOned and
| an era of corruption in high places
will follow, and the money power of
the country will endeavOr to prOIOng
its reign by working upon the preju-
dice of the people until all wealth is
| aggregated in few hands and the re-
public is destroyed. L feel at this mo-
ment more anxiety for the safety of
the country than ever before, even in
the midst of war."-Abraham Lincoln.
"MOnarchy is sometimes limited at
as a possible refuge from the powers
of the people. l would be scarcely
justified were l to omit exercising a
warning voice against returning to
| despOtism. 1t is the effort to place
capital above labor in the structure of
the government. bid the labOring
people beware of surrendering power
which they now possess and when sur
rendered, their power will be lost
Abraham Lincoln.
| Any person holding any office or
any stock in any institution in the
nature of bank for issuing or dis
counting bills or notes payable to
bearer or order, cannot be a member
of the House whilst he holds such Of
flee or stock.-Resolution of Third
Congress, Dec. %, 1893.
The cause of our depression is money
famine, and nothing else.-JOhn.
Liberty cannot long endure in any
country where the tendency is to con-
centrate wealth in the hands of few.
Daniel Webster.
The present system of finance robs
labor, gOrges capital, makes the rich
richer and the poor poorer, and turns
a republic into an aristOcracy of CAPT.
tal.-Wendell Phillips, in 1870;
l know that the bondholders and
mOnOpOlists of this country are seek
ing to destroy all the industries of this
people in their greed to enhance the
value of their gold. l know that the
act of 1873 did more than all else to
accomplish that result, and the demo-
netizatiOn act of the revised statutes
was an illegal and unconstitutional
contamination of the fraud. | want
to restore that money to where it was
before, and thus aid in preventing the
cOnsummatiOn of their designs.-Sen-
atOr Beck.
If government contracted a debt
with certain amount of money in
circulation, and then contracted the
money volume before the debt was
paid, it is the most heinous crime that
a government could commit against
the people.--Abraham Lincoln.
My friends, unless our children have
more patience and courage than saved
this country from slavery, republican
institutions will go down before mon
eyed corporations. Rich men die, but
banks, and corporations are immortal.
They are never afflicted with disease,
In the long run they are bound to win
with Northumberland Phillips.