The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1897-11-24
RERPETgAL bondage
OF the People Such Would be the
Condition Of Tie
People If REPUBLICANS sue
CEED IN THEIR
Financial TlnISering scheme
The New Financial Danger.

-
The New Financial Danger.
In no age Of the world has there
been such plunder accomplished
through financial operations as IN
the past generation IN the United
States. says the Columbus, Ohio,
Press.
The people of many countries
within the past twenty five years
have been impoverished, and their
losses added to the gains Of the
Rothschilds. Morgans. Roekefellers
and Armours, under the deceitful'
/ operation of laws enacted to pro-
tect the public credit and keep
the honor of the nation bright.
The faiIure Of the people TO elect
William 3 Bryan. one cf the great
est advocates of popular rights the
world has ever known, to the pres
idency last fall proves conclusively
that the majority of the people did
not fully understand the robberies
of the past, of the still greater ones
in view for the future.
That all property has decreased
In value at least one-half, and that
prices have fallen at like rate in
the past twenty five years. every
body knows, but the cause of this
decline In values and prices, less
than a majority of the people un-
derstand. The plain, common
sense explanation of this shrindage
in values and prices is that while
other things have increased in the
same proportion as population,
money, instead of increasing, has
diminished during the last twenty
FIVE years. The amount of money
now in circulation and available
for business is not more than one
half as great in proportion to the
population as it was twenty-five
years ago. AS relative scarcity
makes all other useful things dear,
SO it does money. When design
ing men secure laws TO diminish
the per capita circulation of money
one-half, each dollar viii double
in value, and SO purchase twice as
much of everything, and require
twice as much labor to get.
All this has been done in way
SO cunning, and with such look
Of patriotism and thonor," that the
EeopIe have been deceived. But
the financial scheme now on hand
far excels any that has gone before
in its rninous effects upon all but
the bond buyers, moneyed capital
lists and salaried persons.
This deal now Matching at the
Arlington hotel in Washington,
by less than a dozen representatives
of Wall street, calling themselves
1Monetary Commission" pro-
poses that the government shall
issue gold bearing bonds to raise
cold to redeem the S346, ,OO0.0 of
legal tender greenbacks. Like
bonds are to be issued to redeem
all silver certificates and silver dol
lars. All these bonds are to be
made payable. principal and inter
est in gold. The national debt
will then be not less than two and
one-half billions of dollars, all pay
able in. gold. These bonds are to
be made the basis of a national
banking system, under which the
banks instead of the government
viii issue all paper money The
paper currency is to be elastic, "
that is the banks are to determine
at pleasure when they viii contract
or expand the amount of money in
circulation. Within Eve years af-
ter this plan goes into operation
all values will fall one-half from
those of the present.
These are the dangers that con-
front the people.
something to Know
Tt may be worth something to know
that the very best medicine for restor-
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