Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-06-20

the loans and making money scarce
Grover Cleveland was elected President
in 1892, and went into office fully deter
mined to destroy the greenback by turn
ing it into gold bonds to run fifty years
He failed. This was fully disclosed by a
circular issued by the National Banking
Association March 1, 1893, four days be-
fore the inauguration He was owned by
this association, just the same as Gage
is and their Executive Committee of free
hooters and mush paddles of the None
tary Commission, headed by H. H. Hanna
Cleveland did his best to carry out the
contract with them for the support they
gave him. They knew their man, and at
once set the machine to running. with
drawing their loans, reducing their circu-
lation and pilng 1t up in bank vaults.
Here is the proof: THE interest of the
National bankers requires immediate
financial legislation by Congress Silver
silver certificates and treasury notes must
be retired and National bank notes, upon
GOLD BASIS made the ONLY MONEY;
this will require the authorization of
from $500, 100000 to 81, 600 co., 600 of new
bonds as basis of circulation. You will
at once retire one-third your circulation
and call in ONE-HALF YOUR LOANS.
Be careful to make a MONEY STRIN-
GENCY FELT among your PATRONS,
especially amongst influential business
men; advocate an extra session of Con-
gress for the repeal of the purchasing
clause of the Sherman law, and act with
the other banks of your city in securing a
large petition to Congress for it's uncon-
ditional repeal per accompanying form
Use personal influence with Congressman
and particularly let your wishes be
known to your Senators. The future life
of National banks as fixed and safe in
vestments depends upon immediate action,
as there is an increasing sentiment in
favor of government legal tender notes
and silver coinage" (See Pittsburg Com
mercial-Gazette, November IS, 1898, for
comments). Examine this, read it over
and over, and then tell me if it does not
embody all our views set out, stating why
this legislation is asked for by the Ma
tional banks Vandalism was never more
complete. Cleveland stood by these
ghouls and carried out his part of the pro-
gramme He called the extra session of
Congress and after long battle in the
halls Of our national legislature the Sher-
AiAeiil puItildSlllS clduSe was Ieptdltu UNI
der a promise that it would bring good
times in ten days after its passage. Gage
was in this movement and his appointment
as Secretary Of the Treasury was pre-
arranged matter with Mckinley before
his election, by the National Banking AS
ISOLATION. that these matters could be
more clearly brought before Congress and
pressed to contamination. This bill is the
outgrowth of money sharks and gamblers
who stand ready to plunge the people of
this nation into utter bankruptcy and
ruin to carry out plans to make money as
set out in the new measure. God forbid
that this bill shall ever see the light of
day in Congress and become law. Just
as sure as it does, it means revolution
sooner or later. The money changers can
take one step too many. The pride and
spirit Of the American people will allow
many wrongs and much injustice to be
practiced, but they will not suffer their
freedom, their honor, and their love OF
country, and cur institutions to be
trampled on and our fame and noble
name besmirched by men seeking power
and influence by money, and money alone
The government of the United States is
the father of the greenback. and it was
born to take the place of gold when it
was hidden in the strong boxes of the
money changers, to pay our soldiers in
the field, and to pay for the necessaries
to carry on the war of 1861, and the broad
shadowing wings of Uncle Sam protects
them. He will stand by them as he will
stand by his bonds, and will see they are
not ruinous to his credit, and he will
see that they are redeemed as per his
promise The greenback stood like a how
ering angel, sent by the great Jehovah
over the welfare of the people. Its mis-
sion of mercy, in the interests of the
common people, has manifested itself in
every financial crisis since the war, and
that is the reason Mckinley, Hanna, Gage
and the National Banking Association
menace it, and assert that it Is wrong to
permit them to exist. and that is why
they take the step they are now taking
to wipe them out of existence. This
scheme is deeper laid than any heretofore
planned The plans Of 1915 failed to erase
them Cleveland's plan of funding them
into long time bonds failed. and now we
have the plan Of Hanna and the National
Bank Association to convert them int o
reserve notes for National banks and
these reserve notes are to be issued by
the government and sold to the banks in
exchange for gTenbacks, and as fast as
they are turned over to the treasury they
are to be destroyed. This Is a deep laid.
deceptive plot. one that may deceive
many people. Do you, my friends sup
pose for one moment these bankers and
money changers are seeking to better
your welfare, or better this money with
out lettering their own condition far
beyond that they do for you?
They never heretofore have manifested
much philanthropy for the masses. Their
cry that these notes Inquire our public
credit Is not so. In 1883 John Sherman.
in his message to Congress. declared them
receivable for import duties. in violation
of the law creating them, and they at
once rose above par in all foreign coun-
tries, but Secretary Foster put his foot
upon this measure in 1891 when he de-
clared them exchangeable for gold on de-
mand. Let the greenback stand It
comes to US as does the old veterans Of
the war, grand noble hero. sacrificed
and abused because it stood by and for
the common people Let it alone. stand
by it. 1t protected lis in war and has
been the giant of Justice and good will
between man and man, whilst on the
other hand. the National bank that came
to a war relic also was conceived in
iniuuity and was born the child Of the
classes, and is covered all over with in
fanny. the outgrowth OF the greed and
avarice Of those who manipulate thom.