The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-02-16

gold bonds, to increase the power priv
1leges and profits OF national banlTs P
The retirement of the government manor
money must reduce the volume of circuIa-
tlon, and while the secretary admits mat
the contraction Of the currency would be
more rulnous in two years than interest
on like amount Of bonds for forty Years
would be, he calmly informs US that The ma
tonal banks will probably issue a sufdcient
suffering. 0- nv 10
The national banks are not to ba re-
quired to redeem their notes in gold hnt
1t Is arranged that the United States gov
ernment shall do so on demand and. after
having done so, the government must he
content to have the national banks refm-
burse it in any kind OF legal tender mon
ey, at the option of the banks"
Lawful Honey.
We are frankly told that lawful money
VIII be made relatively scarcer than it is
now and that it is intended that under
the operation of the bill it will be easier
to get gold than lawful money" Practic-
ally all the money in the hands of the Deo-
pie now, as the secretary distinctly admits,
is silver, chiefly in the form of silver GER
tifcates; the aYowed purpose of the bill is
TO make 1t hereafter more difficult to get
these than gold.
The monetary commission - selected bv
the executive committee of a self-consti-
tuted indianapolis convention, which as
sembled for the express purpose of estab-
fishing the gold standard has also made a
report and promulgated a bill the provis-
ions of which are so strlingly like the
propositions of the secretary OF the treas
ury, IN an material particulars, as to sug-
gest that they were compared and harmon
lZed before either was given to the public.
This report and bill are somewhat more
bold in the assertion of the purpose enter
tanned than is even the proposition of Mr.
Gage. These distinctly propose that silver
dollars shall not hereafter be coined: that
silver dollars shall be redeemed in gold;
that the silver bullion on hand at Dresent
shall be sold, and suggest that silver dol
bullion. 90
We are assured that the notes of the
hanks cannot fail to be safe because he
ing based upon all the rescu ces of all The
banks issuing them, they are based upon
the whole business Of the country" Ger
talhly no bank viii become liable for the
notes issued by another bank over which
II has no control or supervision; hence
thI5 scheme must contemplate the estab-
nshmeht OF some central bank authority,
having the absolute control of the issue of
al paper nloney-a great bank trust, pooI.
or syndicate, with powers such as no man
mas ever before had the audacity - sug-
gest This committee has called upoH g M
merclal h1dies all over the country TO r.
dorse the report Thus the people are lut
upon fuli notice Of what is intended and
OF the means Of its ACCOMPLISHMENTS "
considering all this is it any wonder
mat the Spectator" one of the greatest
English newspapers should say. as 4 1td
some months. since:
EnSlisl View.
Being audacious beyond any old word
experience, the er at capitalists Ct America
are determined to capture free opinion ard
to prevent criticism. They subsidize ruI
pits, they buy the press, they seat their
well paid attorneys in the United States
senate and. at length, they stretch tbeir
hands tho
capture by examples of generosity. Tins
tneIr design IS to prevent any effective az
tlon which shall in any way weaken thnir
T Tbbtnori nBtoo or undermine their position
ihe-r OBJECT cannot be mere wealth max
rs 1or they already enjoy wealth l,avond
tne dreams Ct avarice. Apparently their
GItent'on s first to- convert the Uni 1d
1eaees INTO the powerfuf oligarchy and
over other lands. 50 s"' 'HS
1T is reserved for the free West to
u19liriss from academic Service tried and
Cplhp9ieht teachers at the bidding of rings
OF nllEonaires, who w II not hear one
ssihsle criticism or Questioning of the ms
c olpo OF necessity CT their dongs or OF the
nave pullt up with the aid and at the
expense ct the publie.@ The divine rights Of
n nigSSt is to 6e succeeded by the divine
rlght OF millionaires who are IN rnn
everything, including thedAmerican senate
ana and, the conscience and intellect of uni
Vefslty professors. n NN
tbo
american people shall deal with the nor
LehtGus growth of that money power
Mnlch overshadows the institutions of the
republic But we think that the ricb mo-,
OF America are revealing sdch dasdiS MOT MOT
against all genu public freedom that
IRleSs we are mistaken the opening years
~ Tue new century viii witness an out
puISt IN the West which will amaze tbe
civilized world" '1e
Issue Joined.
In view of the great PRINCIPLES involvod
and of the danger so close at hand we rrge
Ihe people everywhere to arouse them
serves, and at once to take steps to save
themselves and their children from the fet
teIS now being openly forged to bind them.
IN recent years there ha b Ell number
OF or instances Of congressional districts where
i Tue aaVocates OF gold AID monopoly were
IaISely outnumbered by their opponents
ana "nere, nevertheless by a failure to
ulite ana act together friends of the gold
tb 1an ,asr nave been successful. Thus, as
te result OF rsonal or partisan vraIr
Tue cause OF truth and justice has been
oSershadowed. the interest of humanity TO-
noIed ana the greatest good to the gov
Trhiheht subordinated to an ignobIe strife
we appeal to YOU. let this not be the case
again! Our only danger. is in division. It
we are In earnest we must have harmony
among ourselves. II there should be those
VINO would divide us, let them be summar
ny and emphaticaIly rebuked by the nao
PIE; who have none but high and patriotic
After the bold declaration OF the al
minlstration in favor of the gold standard
no sincere bimetallist can ever again by
his vote CT influence. give aid or encourae e,
ment to the Republican party
e ne issue is Joined: we cannot avoid it
II we would Either the friends of bimetai-
lism or the advocates of the gold standard
trusts and monopolies must succeed. Who
is not Tor US is against us, We are ask
Ing ing no man to abandon hisiparty or change
ms politics: we ask no one to yield any
prlnclple; but in this great contest we do
appeal to all good men to stand solidly to-
gether for liberty and humanity and strike
down forever this conspiracy of gold and
hloHOpoly. y
The other addresses, in different Ian
guages, are practically repetitions of
the one issued by the Democrats. that
OF the Populists being edually long and
even more florid In expression. It APP
peals to all silver men to stand to-
gether The Silver Repr AIican appeal
is shorter than the Others. but does not
II,