The weekly intelligencer. [volume] (Lexington, Mo.) 1891-1901, 1899-12-30

financial panic that would enable it to
do two things. 1t wanted to aid its
friend, the Copper Trust, by grabbing
the copper stocks in Boston, and 1t
wanted to make use Of the money 1t
had cornered by getting as many shares
Of various securities for it as was pos
sible In New York, and also by loaning
It out at enormous rates Of interest.
The Money Trust began calling IN
It's loans Unfortunately, so as to
create . money famine. The same
people have engineered wheat famines, .
oil tamines, and in o short time hope |
to produce a copper famine. That is
how prices are raised. They know the
game.
CORNER ON MONEY.
1t h possible to corner the money
market. That Is what the money trust
10 for. All is plans were ripe, and II
decided to do 80. The Money Trust
has at its disposal all the cash Of the
Standard Oil Company as well as its
credit. 1t can food the market with
money or hide 1t IN its safe. More
than q week ago Il began the latter
process. Enormous wads Of green
backs and bushels OF gold were hoard
when they were 10 great demand aud
commanded splendid rates Of interest,
The bank was the miser that clutched
and gloated over Its treasure while
Delghbors starved.
On Monday q week ago, when there
was a panic 10 Wall street, the leading
bankers me at the clearinghouse.
: They talked over the situation.
: fittings are in . bad way" they
said. I'VE must save the market.
. There is no knowing what will happen
d to ii unless 1t Is protected, Money
must be loosened up"
Just then 10 came President Stillmar
Of the National City Bank-Stillman,
z the business manager Of the None
Trust. He was rubbing his hand
10 pleasantly and looking Ike one VIII
N has not q care 10 the world.
~ what is all this about, gentlemen
be asked, "why have l been sent forP
m They told him Of the panic and c
SIX the danger.
Id "My bank can do nothing moi
'ut geutlemen," he replied. "We hav
he loaned s3. 100000 to-day purely out
nd philanthropy aud TO relieve Il
ere stringency."
For every cent OF that $4,000, 90
lay that Mr.. Stillman spoke 30 proudly
the The bank charged 100 per cent int
aee est.
'5,. The Money Trust made enormo
ond profits from the Ease gwen to II
pie Secretary Gage from Uncle San
! to Golfers. 1t realized $4,000 to $3.50
a day profit on the money. 10 additi
Ienl TO the legal rate Of 6 per cent intere
Of MosEY CORNER PROFITABLE.
Il The Money Trust was finding that
b Of b much more profitable 10 oprr
Nj. money than II Is 10 corner even oil
de. copper. Those c%ommodities' ne
pay yield an interest Of 1856 per cent
Osed day. Money does in panic tiue.
tion did last week.
With the aid OF the Governme
there should be no reason for the Z
, Its ure Of any scheme undertaken, :
'ugh money trust plays with the mar.
I the cards. There is a mechanism by WI
their 1t can stop Its roulette wheel at the
81 to or at the black, just as II pleases.
'ern. With the ability TO loosen or tigf
arket the money market, 1t can buy
Igure make prices high or il a sell
No make prices low. There is no limi
Fefn- It's profit. They are earned ain
price without risk. The members. Of
move money trust know absolutely NJ
'reas- which thimble the pea rolls. Ifby
1000 chance the lamb Spectator guesses
ed 10 right thimbls, the money trust
peculiar slelght Of hand, can chs
ed In the pea from one thimble TO the Of
'onds This IL better than owning indus
vern' like oil, sugar or copper. II can a
sased done at oak desks, 10 nice, c
you'd Offices. It absolutely sure. II 90
as near as possible to owning the p
nsac' lng press on whIcb the greenbacks
y the printed.
SMASHED THE GLOBE BANK.
ented Having accomplished q sple
asked coup In New York, the Money I
But vent over 10 Boston and smashed
ppsr. Globe Gallonsl Bank. II wanted
money copper stock contained 10 the ba
vaults. II got them.
pre-. President Rogers visited Boston,
Of 8 after a stormy InteTVisg with The