Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1898-09-22

e
ed If such condition should continue
a long time the money value of al
forms of property would be vastly di-
! minished aud production would become
| limited to the imperative demands oi
daily life.
Thus it Will be seen that under q
condition of cash payments and the
absence of debt no motive would exist
for the decentralization of either metal
and hence the money question in its
present form would find no place in
the arena of politics.
If there were no debts to be paid in
money at a future day, no person
could be found who would favor the
demonstration of either metal or a
contraction of the money volume. The
assault that has been made upon silver
as a money metal is the work of a COM
bination of the creditor classes who
own the bonds and mortgages against
the nations, states and people of the
world The amount of the worlds IN
debtedness is said by the best authori-
ties to exceed one hundred and fifty
billions of dollars. A very large pro-
portion of this Indebtedness is held by
a comparatively small number of per-
sons residing in less than a dozen OF
the principal cities of Europe and
America. The large owners of secur-
tiles effected an alliance or organiza-
ton over forty years ago. They are
and dear. The fall Of prices that
bankrupts the man of enterprise, drives
labor into the street to starve, and
confiscates the equities of debtor, en-
riches them by giving larger pur-
chasing power to the money in which
their interest and principal must be
paid.
The combination at the present time
controls legislation on the money ques-
tion in all the principal nations of the
own. They constitute a money trust
With gold alone the standard money
of the world there would be just suf-
ficient of it to pay six months interest
to the great creditor combination, and
it would require all the gold money in
existence thirty-three times over to
pay the principal. The owners Of
these securities are also the owners Of
the principal banking houses at the
great money centers of the world. The
tax gatherers backed by the sheriffs
and armies of the world are their col
lectors. In the payment of interest a
stream OF money from all the nations
of the earth is constantly flowing into
their Golfers. Through the great
banking houses which they control at
the money centers, whose dealings are
only with other banks, the money is
loaned again and finds it's way back
into the channels of trade. The banks
under the control of the great creditor
com bination possess the power to dis
criminate against any state or other
bank, refuse it credit and force it into
liquidation. So great is the power of
this creditor combination that not only
the banks of the world generally but
the corporations and trusts who must
have bank accommodation to SUCCESS
fully prosecute their business are ter
rorized.by them and forced to favor
the legislation they indicate upon the
money question as the price of conbin-
uing in business.
The creditor combination is what is
meant when we use the term "money
power" They are the only persons
who profit by shrinking money vol
ume, low prices and hard times. To
infiict evil conditions upon the world
aud uDjustly enrich themselves there
by, they find it necessary in country
like ours to deceive the voters. Hence
they have coined the term ''sound
money" to placate our moral sense and
elude Investigation.
The American people are the only
free people, where each citizen has a
vote that counts equally with every
other. The money question will test
our ability for free government and
determined the fate of free institutions
among men. The issue is at last
squarely drawn The issue cannot be
evaded and each voter must answer
for himself indeciding the momentus
question. The hearts of all are right.
Intelligence alone is needed. d.-StlVer
Knight WatchmGH.
Facts That Will Not Down.