Kansas agitator. [volume] (Garnett, Kan.) 1890-1905, 1899-01-20
4 WORD OF WARNING.
The Purposes OF the Money Power

The money power fears the result
of the election Of 1900. 1t realizes the
truth of the statement made by Bis
marck few years since. that the
American people alone possess the
power to cope with and overthrow it.
So great is the power OF this world
wide creditor combination that the fl
nance ministers of every great ma
ton of the world are its agents and
tools. 1t is composed of the Shy
locks, usurers, and gatherers
of all nations, is selfish, cold-blooded
and unpatriotic. Its plotting knows
no abatement, says the Silver Knight
Waterman, in time Of war or peace.
with resources, the magnitude OF
which almost staggers the imagination,
1t is able to substitute newspapers and
politicians to appeal to people employ
ing terms of the highest patriotism
and morality 10 conceal from view
their real purpose Campaign funds
are furnished by then to elect to Of
fec t,,c:c whose votes are bartered to
them in advance.
The following clipped from an arti-
Gle in the Washington Evening Star
of the 18th instant, reveals their pur-
pose at the present time:
The country was never so we'll sup
piled with gold as at the present time,
and some of the treasury officials be-
lieve that the moment is ripe for fore
ing gold coin into actual circulation.
| Whether this is advisable or not it is
probable that Secretary Gage will rec
ommend to congress the retirement Of
considerable block of the greenbacks
by the payment of geld coin for their
redemption. This course might be crl-
ticised as tending to produce contrac-
ton of the currency if it were not ac-
companied by provision for larger
issue of bank notes upon general as
sets. The release o. $100,000,000 in
gold from the treasury, leaving $685.
100000 still available for the redemp-
tion of a reduced qlsntity of paper,
might afford the basis for the issue of
s40O,000,0O0 in bank notes if such an
issue were required by the business
necessities Of the country"
Here the treasury officials are repre-
sented as plotting for the destruction
of the panic-proof money of govern
ment to make room for the panic.
breeding issues of the banks. The
Democrats, Silver Republicans and
Populists contended that an issue Of
bonds to ct"ry on the war was not nee
essary, and recommended an issue of
legal tender notes. Their attitude was
denounced as unpatriotic. The Repub-
licans and the Palmer and Buckner
Democrats forced an issue of bonds.
Now we are told the treasury Of
flcials are plotting to do what? Stop
the delivery Of bonds, because the
treasury is filed to overrowing? No.
But to use the proceeds of the bonds
50 retire the 100000, 900 of greenbacks,
handing the gold out to banks to be
used as basis for 400, 100000 of bank
notes.
Was there ever such monumental
example Of brazen audacity, such an
insult to intelligence CT brave peo-
pie?
Would it not be more patriotic and
to the point If the treasury officials
were planning to dc away with the
war tax that is harrassing the people
at this time? Would 1t not be more
agreeable to know that the secretary
was preparing recommendation to
congress to repeal the war tax, which
can and ought to be done as soon as
congress meets If we have IN the treas
ury $1O0O0O,0O more than is needed
there.
When the Nicaragua canal PROPOSE
ton comes up in congress it will be
accompanied by Lond proposition.
But the treasury officials are not plan
ming to use the surplus in the treas
ury for the building Of the canal or
the strengthening CT our navy. No;
war taxes and bonds and bank notes
engage their solicitude.
We warn the people to look sharp
to coming elections. If they show in
difference the politicians will turn to
the banks and serve them If they
show a determination to protect their
own interests and make vigorous
campaign and turn down the minions
of gold monopoly and banks, politi-
clans who would otherwise serve the
banks will fear the wrath Of the peo-
pie and serve their interests. The
signs of the times are suspicious. The
opponents of gold monopoly are unit
ing. Let each one do his part and a
glorious victory for the people can be
achieved and sunshine and prosperity |
be brought to every home in our land.
and the rainbow of promise be made |
to span the world.
Large Grab.
Four thousand dollars year for |
each mile Of railroad is over ten per |