Tombstone epitaph., 1896-09-13
AN ANSWER.
WI t t.,r II hey | lhr People
 Shpuli Ee.
roNnsrnxs. Sen,emher 9,h. 1896.

this effect: "In your article published in the PRosPEcT. R of August 2Sth, you
 make great error. thus--if you wanted to stat national bank you would have 10 buy $l00,000 in bonds, AS the treasury does not sell them, and you would have to pay premium of st least per cent; cost $lO4 900. Your interest un bends would be 5000 year and ,ou would get from the treasury S90,0O0 in national bank notes, which, if lent at s per cent, would give s7 200 year, making Sl0.- POO interest per year, and il you lent the Slo4 600 al s per cent. without bank charter you would get SS,32O year,y interest, so the gain of the bank is net SO great as you make our, and mahy national banks go cut of busi- ness because it does not pay, and banks make most of their profits seil- ing exchange, but their profits are never as gr, a. as people suppose"
 The premises are entirely wrong. l-t. l did not have any reference to banks ,tartj q now. 2nd. The treas- ury d:d sell these bonds, or rather issued them in exchange. dollar for dollar Tor the deprecisted greenback, though the gruenbacks were bought up hy the usnrers at half their face or ices, and whether it was the same msu who bought ,he yreenhacks and Sith them procured tie b jnGs, and then started The bank, ar these transactions were done bv several men the priuci- pal i- the same ani the result to the treasury and tG the people is the same; thst is, the treasury received $50 in value for SlO0 of these bonds; and on all of these which are outstanding hes paid Sj20, and the gain to the banker by the loss Of national bank no;es amounts to Sl5 in thirty years.
 And this suggests another train Of thought; that is: held 1t to be truism, sustaiosble as W Il by sound reason ss by the his.o-y and experi- ence O! mankind, q a, s nation oF free men, capable oi sustaining freemAn's government, never shpuld and need to issue bonds, Gr borrow money in peace Ur in war, and whenever i: does 70 u5dsr any circumstances. ii thereby plants and fosters the germs of the ultimate slavery of it's people.
 ls,. Because A true government of the people is worth pre-erving even s' any sacrifice Of wealth and men. ! And it Is the dntv of all it's mem- hers Co give np All ths,thev have, and all tha. they are when necessary, in itr del Dre hence cores the power Of the governm' nt to call on all of its citizens 10 march ,ut and put their breasts sg~in-t the bullets and bsyo- nets 0! the enemy, with the alterna- tive Of being f. reed to Jo %, and shot a- traitors for drsertion; and il the same government csnno', CT will not, command the men Of wealth, whether l this wealth consists of gold, silver, : the country's defense, payment in the same kind of money, or promise, i as ,he soldier or ssilo i- paid with. tten 1t + not a true government Of the people; if is s gnvPrnm' nt that discriminstes in fsvor of wealth and
 against the blood of its defenders and
 the tears of their wives sni children.
 2nd. Becausa government Of the
 people, fit to exist ss ,uch, does not
 need either gold or silver in peace or
 in war such government car pro- cure everything that is necessary with
 ;'s o~n money, male by itself a legal ! tender for all demands public and pri
 va'e. But, when snch A goyernmen' i i--ues il. sn-cai'ai "iegal tender" [ bDDfN n''I 'rpli'St-s anu UsTisfiiL-i
 the same at the moment of it's birIi
 by branding it with the label "this is ! go.d ..sy f,,r its lace Value for every ra'Tiols hlood. hut not good enough to pay ihe money lender his psury," end thereby gives to the wealthy men the
 opportunity to discount and depreci-
 ate ths, legal tender and so fs.ten on
 the blood ar d tears Of his country, i'
 Is TO wonder that ihe morey lender
 has become the great and overshad- owing power in he country, owning
 rr sub-id, Tng three four,hs of the
 newspapers and branding every citi.
 zen who is manly enough to cry ou,
 against the laws thst created ard fcs-
 tered such system, and advocates theIr
 repeal, with the name "jishonest re-
 pudiaior, crank and anarchist
 | JANEs REILLY.