The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1898-11-26
COVER Z B ANKS,

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TO oGETHER WITH FREE COM
AGE OF SILVER.
Would Quickly Rid Us OF Wall Street
| Rule, Low Prices for Farm Products,
u Idle People and Hard Times.
b The single gold standard must co..
BY is the real cause of all our woes Of
|all our wants. Of all our misery and of
al our poverty. AS we are. today we
nave b. the worst currency laws of any
civilized nation on the globe. AS
ahese laws now stand on the statute.
pooks, they are mere financial play
Things & for the bankers, the money
lenders ts 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. S.S. I-zs 1sz5. j. @s..s# s5sz
81 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
spc,f Spf Wall street gambling, low prices
for all the farmer has to sell, idle peo-
IIple and hard times. The hundred mil
ssl1ons sl1 OF silver our mines would then
apro oduce would be converted into
money Tor the use Of our own people
|ln place OF being sold, as at present, to
IA london Jews to speculate with in
countries. Our silver product
w would be worth twice it's present val
Sue in the worlds markets, and all our:
products would rise with it as they
nave fallen in price with silver's de-
Emonetization and fall in price, z S
81 Government banks would relieve the
treasury Of the millions of money
stored in the vaults and taken out of:
Ecirculation, which 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
sthe people are kept in circulation. The.
officers Of the banks would be paid as
other officers in it's employ are paid,
and no stockholders to divide inter-
est among, which is wrung from the
doing people under the pres
Iaent private corporation banking sys-
TEN. The government banks would
81 safety to the depositors, who
are now at the mercy of thieves, who
rob them frequently. d. s.9= .;sI
Il e
There could no financial panics oc-z
cur under a system Of government
banking. No money would be loaned
on doubtful security, or to finance"
speculative enterprises, and the vol
une Of currency would keep pace with
the demands of legitimate business,
always enough to meet that demand,
gauged 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 defray 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 a job and
would have to seek some other en-
ployment or starve.
With government banks in place of
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 Of
business; the corners that are now run
on money would be prevented, and no
more rot would fill the daily papers
about sound money" and the danger
GUS greenback, that one weak point
in our finances. . The bankers asso-s
Citations, which meet at short Intervals
between to discuss money and tell
their audience and the newspapers that
a half dozen !. .financiers'' with ma,
chine called a bank can issue far bet
ter and sounder" paper currency
than the government, would soon be a
thing Of the past. y$@5 81
We would get rid Of the nauseating
rotwhich these gentlemen utter over
their wine and cigars. The money
question Of this country will never be
settled until it is taken out Of the
hands Of these gentlemen who have be-
come the bunco steerers Of the nation.
They now have a bill in the house
which is the grandest and most auda-
cious bunco bank bill ever concocted.
It proposes to take charge Of the busi-
ness OF the country and direct every
thing, both government and people.
This bill which the bankers have
foisted on to the Repub b1ican party and
made sponsor for it. is the most In
famous ever devised by the plunder-
srsa of modern business.
3. p. EWING. II
MONKEYS AND MEN.