Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1898-09-15
POISONOUS FINANcIERING.
Damaging Eject of the Gold stand.
ard Upon the Money Circu-
1affon.


We have just had sample of how
Nne party in power in Washington can
run war department. With unlim-
lted money at its command, it has al
lowed our sick soldiers to die for the
want of food and medicines. Geniuses
OF 1ncompetency have control of the
Things that affect the very life of the
nation. The affair in the war depart
ment Is but a straw that shows the
way the tide is running. The same in
competency controls the financial af-
1alrs OF the country. Financial blood
poisoning is the result of their doc
toring, and the whole commercial life
In limited and weakened by it.
sticking to the gold standard and
trying to fasten it so securely on us
that we cannot shake it of, they are
giving us a credit money instead of
basic money. The circulating medium
OF a country is the blood of it, and to
make the principal part of that circu-
iatlng medium bank notes is to inject
into it the worst kind of poison. 1t
Is one of the most potent means of cir
cumventing the people in their right
to rule themselves.
We have the material in ourselves of
healthy and abundant circulation
Never was a body better fed or better
developed, but we are now refused
the right of using the resources we
have. The very fact that it is proposed
to greatly increase the issue of ma
ConaI bank notes is a proof positive
that the men in control know that it
Is an impossibility to get enough gold
TO form safe currency or enough
abundant to meet our needs. In work
ing for a great circulation of notes
issued by private institutions they
tacitly acknowledge our need of the
unused silver lying in our mines. That
silver would do away with the neces-
sity of having national bank notes
In fact, it is enough abundant to take
the place of most of our credit money
and give us a large amount of basic
money, the only credit money then be-
ing necessary would be the United
States notes, than which no better
credit money exists on the earth.
The great fight between the bimetal-
lists and the monometallists is fast
narrowing itself down to question of
whether government shall be for the
advancement of private or of public
interests. Were there gold enough in
the world to take the place of the
great quantities of credit money in
the world we might believe that the
gold standard advocates were sincere
in their efforts to displace silver. But
since both gold and silver are INSULT
cient il quantity to fill up the gulf
we can but conclude that the fight
is being carried on with the hidden
purpose of making the private in
terests of the moneyed classes para
mount, and with the added purpose of
abolishing the rule of the masses of
the people in financial matters.
The blood poisoning has been slow
ly working for nearly a quarter of
century, and we see its effects more
and more every day. Business is still
far from its normal condition, even
after years of depression. The recov-
cry is slow on account of the slowness
of the circulation in the body polite.
The poison shows itself more and
more every day in our politics, where
money is coming to have predominant
ing influence. All of the legislation
to better matters is after the nature
of outward applications to blood dis
ease. The blood itself needs purifying.
It needs the abolition of the right of
national banks to issue and curtail
our circulation. 1t needs further the
injection into that circulation of the
Streams of the white dollars to dis
place the credit money. In the human
body the white discs" of the blood
are the disease destroyers. In the
body polite the white discs" will per-
form the like act of publication.
II Z