The midland journal. (Rising Sun, Md.) 1885-1947, 1896-08-07

MIR. EDITOR OF MIDLAND JOURNAL:-1t is with
much encouragement that write you relative to
the success we IRE having in this grand move
ment in which we have engaged to fight to the
end Silver is in the air and silver is everywhere,
even in the pockets OF the poor, the gold boarded
in the banks here, and abroad, and none in circu-
lation. An allwise Providence has decreed it so,
to save the common people from industrial slav-
cry. The eyes of the people are at last opened to
the cause of their destruction and they need not
look further than our national bank system to find
it. will not enter fully into the modus operandi
of this beautiful system whereby the industrial
classes are paying tribute to individual banking
combinations, simply paving interest on their
credit, which might be avoided if we could use
our credit in an issue of irredeemable paper, say
to the amount of our farming crops, based on a
redeeming tax, Tread Thos. Jefferson) having all
the gold, silver, lands crops all conditions of
property to use in our carrency.
l want to say to the readers of your paper that
free coinage Of silver is only the entering wedge
step in the right direction and it is possible that
the industrial classes will be more or less dsap-
pointed when they find the banks will while not so
easily control the silver as they now control the
gold, and keep it from the people they can do So
With free coinage of silver the battle is won.
With an issue of Treasury notes from the govern
mcnt to the people, prosperity is secured, if they
are full legal tender.
When Secretary Chase resigned in 1864 the
amount of legal tender paper outstanding of all
kinds was 81, 100, 1000. The banks had long be-
fore suspenden specie payment. As the green
back act was passed through the House it pro-
vided that the paper issued should be full legal
tender. Through the Vaccinations of the bankers
these full legal tenders, as good as gold in pay
ment of import duties and interest on bonds were
changed so that they could not be used for this
purpose, in the way of an exception clause Our
greenbacks would have been on Il par with coin
money if it had not been for the exception
clause in the greenbacks. The bankers had their
way. Old Thad. Stephens proposed an amend
ment to the effect that soldiers and sailors should
be paid in as good money as bankers and bond
holders. 1t was voted down. This vote was
taken Feb. 20, 1862. The effect of the exception
clause was to put all the gold into the hands of
the bankers. 1t did so. While those men were
paid in paper (the soldier whose value the gov
eminent itself had deprecated, the bankers were
gathering into their Golfers the entire gold supply
of the land, and they have it to this day, hence
their opposition to any currency which does not
submit to gold as its master Quoting Tom Watson
we read that when our people hear the bankers
cry for honest money let them understand
that it means only this: The bankers got
all the gold by statuary theft during the war,
and they mean to hold the plumber, and to extend
the advantage which it gave them. Again,
honest money means from bankers standpoint
this My money on top of yours; my gold measur
ing your sweat; my stripes laid on your back MY
toll dish in your grain;--my gold to buy more o
the farmers products.
That Congress has full power to issue legal ten
der paper money, has been settled by the Supreme
Court of the United States. The public can rea
from their last decision. Juliard VS.. Greeman'
1884. Free coinage of silver as l have said is
step in the right direction, and we will elect Bill
Bryan ON that ISSUE other good things will follow.
My advice, friends, is to hold on if possible to
what you have, for good times and better prices
will come when we people rule.
Very truly,
L. MOVES.