The Louisiana populist., 1897-04-09


election Of Mckinley meant continued
hard times and financial disaster. All
the Republican orators denied this and
declared that the election of Mckinley
would at once restore confidence and
make times better. The plutocratic
papers ridiculed Bryan and called him
an ignorant fanatical young man that
did not know what he was talking
about.
Subsequent events prove that Bryan
was right in his predictions, and that
every Republican paper and orator
were either mistaken or deliberately
lied. Commercial and bank failures
have increased, and at this writing
show no signs of letting up. The re-
vival in trade has not made Its appear
ance and there are no indications that
it will soon. More wages have been
reduced than raised, and more hands
thrown out Of employment than have
been put to work.
The Republicans now set UP the
claim that it cannot be expected to
have good times until their president Is
inaugurated We should never have
thought OF it had they not told us be-
fore the election 1t could be so. Their
promise to bring good times reminds US
OF the promises OF the recruiting Ofli-
GERS and leaders Of the Southern Con-
federacy at the beginning of the war.
They told the masses that there would
be no war-that they wouldn't fight
and the whole thing would be over in
thirty days, and they could return to
their homes. Then they put 1t OIL to
ninety days-a year-two years-and
the end was not in sight, and finally
they did not whip the north at all.
The statement of the receivers OF the
| suspended bank of Minnesota, at St.
Paul, shows that the officers and di-
rectors borrowed s7S5,OO0 from the in
stitution. This was evidently one Of
the chief causes of the failure. This is
another evidence that it requires no
capital on which to do banking. II
Eve men have credit or collateral to
borrow $4,000 for short time they can
establish bank. AS soon as it Is fair
ly started other people will rush there
to deposit their surplus funds. The pro-
jectors can then borrow back from
their own bank the $4,000 and repay
their debt and continue the business
on other peoples money. See? 1t is
the best banking system in the world
while it lasts. But if the fool de-
pcsitors ever lose confidence and with
draw their deposits 1t develops the
rottenness of the system as it is now
conducted.
A dispatch from London says thai
United States Senator Edward O
| Wolcott is the guest of Baron Roths
child at his country seat" Wolcott
| il will be remembered, was sent ovel
to Europe to solicit the consent Of th'
lords, counts, dukes. princes. barons
and other daraphools and financia
pirates to let us pass law for the fre'
coinage Of our own silver, and par
tial control of our own finances. Tn
senator begins by boarding the liol
in his den" He evidently compre
hends that unless he gets Rothschilds
consent he cannot win his case. VOL
colt belongs to the Republican party
and that party flooded the country
during the last campaign, with state
!. ments that the free coinage Of silve
meant 5O-cent dollars. AS Baron Roths
childs holds American bonds, stock!
and other obligations, for which he wi
not want to receive 50-cent dollars, (aC
:. cording to the statements of Mr.. Wo
colts party) we may at once infer ths
Jew will claim his bond and not Civ
his consent. Wolcott would as we
come home.
Lord Chief Justice Russell Is respor
, sible for the following utterance:
q "Civilization is not dominion, wealtl
! material luxury; nay, not even gre'
q literature and education widespread
good though these things be. It's tr,
9 signs are thought for the poor ar
. suffering, chiva,rous regard and respe
\ for women. the frank recognition
h human brotherhood. irrespective
O race or color vi nation or religion; t!
f narrowing of the domain Of mere for
: as a governing factor in the world. tt
= love of ordered freedom, abhorren
. Of what is mean and cruel and vii
: ceaseless devotion to the claims OF ju
y tice. Civilization in that, It's true,
\ highest sense, must make for peace. !"
!. If the above quotation has the mel
10 OF truth, which we are inclined to b
n lieve 1t has, the present so-called civ
&c ICED world is not civilization at a
:. but a species OF refined barbarity. T
observations OF Justice Russell shou
70 be carefully considered by philanthr
- pists and the church. and If not tr
- their fallacies, exposed
:. :. W. S. MORGAN.
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