The Forrest City times., 1898-12-16
GOLDITE LEGISLATION.
pepubIicans I'm Congress Are
Divided on the Money
Question.

rbe result of the recent elections is q
~ radical reduction in the republican
;ority in congress. This will, prob
liz block all further gold standard
rrency reform legislation, unless the
minant party resorts to expulsion Of
mocrats and seating OF republicans
strengthen its majority. The repub-
bans in the present congress have
ZEN widely apart upon the money is
and the leaders were afraid to- force
eir banking and currency schemes to
e front with the apparent division
bon them. With the greatly reduced
aiority-reduced because of the popu-
Il opposition to those banking. gold
andard schemes-there is less danger
a successful attempt to withdraw the
reenbacks and confer on banks the is
,e and control of the currency. This
precisely what we have been hoping
,d laboring for. A full, large, repub-
can majority in the next congress
Fould have almost certainly resulted
the passage of such monetary legis-
ton as would have conferred unpre-
edented power upon the money inter
hts. identified with Wall street and
anking corporations, as would sooner
later have resulted in great wrongs
nd disaster to the people. This prom
ed legislation has been interfered
nth by the people in the defeat Of
nough opposition members to prevent,
is believed, the passage Of such legis-
htion. The greenbacks will not be re-
ired. The silver dollars will not be
bade redeemable in gold. and the ma
onal banks will not be allowed to is
ue bank notes to use as money and
End to the people in the place Of the
kreenbacks, treasury notes, silver GER
|icates and dollars. If this is the case
he people will have two years in which
70 examine the money question to- de-
ermine who shall issue and control
heir money, the government or the
banking corporations. and to that ex-
Aent they have. by their votes at the re-
lent election, secured the adoption of
khe 'initiative and referendum" In
1be campaign of 1900 the issue will not
be about the tariff; ii will be about
money. and it will be discussed in the
meantime. so that when the next con-
kressional election comes around there
Will not be candidates for congress stu
I'D and ignorant enough to go around
aslkng about the American dollar. es-
tablished by law. and made by the fat
pf the government full legal tender
kolar. being "5o-cent dollar" The
|man who speaks disrespectful of that
dollar is as far from being patriot as
fhe man who speaks disrespectfully of
|the American flag. and deserves pre-
|cisely the same treatment at the hands
of the American people. 1t is the
|money lender. the officeholder, the man
with fixed income. the fellows who buy
property at sheriff sales or tax sales.
and the mercenary banker who seeks
the high, sovereign right to "coin
money" with little cost on which to
speculate. all of whom want dear
money and cheap products of human
toll, who talk disrespectfully OF the
American silver dollar. and the Ameri-
can greenback or treasury note dollar.
With these destroyed or withdrawn as
final payment money" and all the final
payment work done by these and the
Pold. all to be done with gold alone.
they know the price of gold would 60
still higher and the price of property.
labor and product would go still lower.
aid their dollars would go still farther
than they now do. The people are be-
ginning to understand these things bet
ter every day. and have now two years
in which to fully prepare to meet the
speculative. gambling. selfish money
power inthe great contest in 1900 for
the full restoration OF bimetallism. and
assertion of the exclusive right of the
government of all the people to coin.
issue and control the money Of all the
people. 1t will be a great contest, but
we believe the people will win. Since
the above was written ii has been an
nounced' from Washington that the
president has assured Mr.. NJ. II. Hanna.
Of the bankers monetary commission.
that an extra session of the new con-
gress will be called in March next to
put through. II possible, the currency
reform" measures proposed by the
great banking syndicate. If so, then
every influence possible must be
brought to bear to prevent members
OF congress from voting to imperialize
me banking power and give it the COW
eted authority to enslave the people.
------------------------