Daily independent. [volume] (Elko, Nev.) 188?-1915, 1897-01-18
COUNTY OFFICIAL PAPER.
GOVERNMENT nv CORPORATIONS

after making T. 6Er0pRs CtetE pTeSou-
tation of the dangers to our political
fabric and the financial oppression OF
all classes Of people which resulttrop
the various forms; of this towering
commercial evil, fell apon' the most
vicious and threatening OF them all
the proposition to retire government
greenbacks and treasury notes. He
refers to it in the following lucid and
vigorous fashion: '...>, .--.5,s .s-
@The latest and most dangerous
tendency. toward monopoization in
this country lies in the proposition OF
some of our most respected but, it
seems to me, misguided, citizens to
place ths power Of issuing money in
the hands of private citizens or cor
poratiops. The power to issue the
currency Of the county should re-
side in the government alone. If
such power is given to individuals or
corporations, no restrictive laws
would be strong enough to prevent
the use of that power for the benefit
Of those holding it, to the detrjment
of the people. The same temptation
to create currency demand would
arise us now arises to create demand
for commodity So called elastic
ity of the currency, in the hands OF
private corporations, would be an
"iridescent dream" Its elasticity
would be measured by the financial
interests OF those who control the
right to issue it. 1t may be beauti-
full scheme in theory, but III practice
it would be too much Of strain up
on the cupidity Of the recipients Of
such extraordinary and dangerous
power. A monopohzation' of the cur
rency Of the country would be the
browning feat Of the trust system
in this country and a deathknen to
prosperity and advancement OF the
people"
1t is refreshing to see public man
present so momentous q question in
so clear and unmiBtakable guise.
Judge Scarritt has robbed the sub
ject of all that ponderous verbiage
that Delphic maze and sibylline mys-
terry in which the gold monometallists
of the country, with Mr.. Cleveland
at their head, have attempted to
clothe it. ?. 60" 70. p"
Their plan, as he has made It PLAIN
means for the government to 60 out
Of the banking business 80 that the
banks may 60 into the governing
business. '' g." '-..'.''.'
This would be the inevitable
corollary il Mr.. Cleveland's sol distant
antitrust "busting" suggestions on
reform Of the currency we're adopted.
If they are followed, then may we
confidently look for the plutocratic
combination of Wall street and the
bourse, which seeks, as did the
Roman triumvirate, to control the
world. Tho national banks, whose
power over our currency system this
modern Daniel would enlarge and
make absolute, bear the same re-
lation to the London Caesar, the New
York Lepidus and the Berlin Antony
that the winged messengers who fly
at the bidding OF Lucifer bear to his
satanic majesty. "..-
This gigantic trio of mercenary
greed and rapaclty holds in lie
Golfers almost $4,000, OOO0OO Of the
primary money of the world. At the
same time 7O,00O,OO0 of Americans,
who produce annually one-half Of
tho combined wealth production and
transact among themselves one-half
Of the business and exchanges OF the
globe, are reduced by the present in.
competent, abortive, irrational and
uncivilized system OF gold m0noinetal-
lism to measure their vast resources
of accumulation, production and dis.
tribution on the petty possessions Of
lees than $500, 100000 Of the money of