Natchitoches populist., 1898-12-09
GOVERNMENT BANKS.
TOGETHER WITH FREE COIN
AGE OF SILVER,
Would Quickly Rid Us of Wall Street
Rule, Low Prices for Farm Products,
Idle People and Hard Times.

Idle People and Hard Times.
The single gold standard must go,
1t is the real cause of all our woes, Of
| all our wants, of all our misery and Of
all our poverty. AS we are today we
have the worst currency laws of any
civilized nation on the globe. AS
these laws now stand on the statute
books. they are mere financial play
things for the bankers, the money
lenders and the Wall street syndicates,
and they play battle-door and shuttle
cock with the financial treasures Of the
nation while poverty stalks through
the land.
II we had the free coinage Of gold
and silver and all the paper currency
issued by the government, and banks
established by the government for the
use of the people, We would soon be rid
OF Wall street gambling low prices
Tor all the farmer has to sell, idle peo-
pie and hard times. The hundred mil
lions Of silver our mines would then
produce would be converted into
money for the use of our own people
IN place of being sold, as at present, to
London Jews to speculate with in
Aslatic countries. Our silver product
would be worth twice its present val
lie in the worlds markets, and all our
products would rise with 1t as they
have fallen in price with silver's de-
monetization and fall in price.
Government banks would relieve the
treasury Of the millions of money
stored in the vaults and taken out Of
circulation, whi;h helps to beat down
prices and cripple business. The taxes
collected by the government would be
placed in its bank On deposit and be
kept in circulation, as the deposits OF
the people are kept in circulation. The
officers Of the banks would be paid as
other officers ir, it's employ are paid,
and no stockholders to divide inter-
est among. which is wrung from the
bnsiness-doing people under the pres
ent private corporation banking sys-
tenn. The government banks would
insure safety to the depositors, who
are now at the mercy of thieves, who
rob them frequently.
There could no financial panics oc-
cur under system of government
banking. No money would be loaned
on doubtful security, or to finance
speculative enterprises, and the vol
ume Of currency would keep pace with
the demands of legitimate business,
always enough to meet that demand,
gagged by the security offered to war
rant the payment of loans at maturity
The millions, aye, hundreds of millions
of interest that go into the bankers
till would be left in the pockets OF the
people, the government charging only
sufficient to deflay the expense Of con-
Quoting the business, which would be
about one-half of one per cent.
Our modern silk-hatted gentry, who
collect interest from the toiling public
and watch every mans financial con-
dition, order him how to vote and
chaperon him In every election cam.
paign, would soon be out of job and
would have to seek some other en-
ployment or starve.
With government banks in place o.
our present system of private banks
called national banks" the people
would save nearly all the interest they
now are robbed Of in the course o.
business; the corners that are now rur
On money would be prevented, and nj
more rot would fill the daily paper!
about Sound money" and the danger
Gus greenbaek," that one weak poin
in our finances" The bankers asso
Citations, which meet at short intervals
between to discuss money and tel
their audience and the newspapers tina
half dozen iinancers" with a ma
chine called bank can issue far bet
ter and "sounder' paper currenc,
than the government, would soon be
thing of the past.
We would gel. rid of the nauseatin;
rot which these gentlemen utter owe
their wine and cigars. The none,
question of this country will never b
settled until it is taken out of tn
hands of these gentlemen who have be
come the bunco steerers of the nation
They now have bill in the hous
which is the grandest and most auda
cious bunco bank bill ever concocted
It proposes to take charge of the bust
ness of the country and direct every
thing, both government and people
This bill which the bankers hav
foisted on to the Republican party an
made sponsor for it, is the most in
famous ever devised by the plumber
ers of modern business.
E. E. EWING.