The Farmington times. [volume] (Farmington, Mo.) 1874-1902, 1899-09-21
The Currency Question.
ORGANIZED TREASON.
AssniIisR the General GovsFHH'ena
and Supreme CoHEt - CTyiH&
Down the CmrFeney.

What does the American Bankers' ss-
sociation propose TO do for the Amer
lean people? Their New Orleans re-
port, 1891. page %. deciarcAi The gov
ernmcnt, not being a producer, cannot
lEsue q sound currency"
Yet the first $50, ,OO0. 600 Of greeubacks
were always at par ths globe around
and never were unsound. Then ihe AZ
lanta report. iso5, page ~, solsmnly AZ
firms; The value of every coin that
was ever made has depended upon the
weight OF pure metal Ia H."
The well-known feet that the trade
dollar had nlue-hundrsdths more pure
silver In Il than the standard silver dol
lar and was worth "a money 20 cents
less, answers that fslssAoad. And to-
day the silver dollar will buy nearly
twice its weight in pure silver In the
open market. Not satisfied with thesa
treasonnhle utterancsa. this American
Bankers' association must needs assail
the greenback decision Of the United
States supreme court, rendered by fun
bench, eight out OF nine Justices con-
curing. Atlanta report, 1895, page Sc.
Il palpable falsehood; "under the he-
tion of law established by the supreme
court men are compelled by forcs OF
Law TO accept the promise Of a dollar as
a substitute for true dollar"
These arch-conspirators throw of the
mask in the Chicago report, 1893, pages
a. and a.. thus: 'ln order 10 gccum-
plish this, first OF all silver purchase
must cease; without this II In absolute
IL useless 60 institute other reforms.
Then our legal tenders, the greenhack
and Treasury notes. must be retired.
This brings va 10 the question: What
shall I'll the gap thus created? There
Is but one answer. The present tcnden-
cy In all the great nations OF the world
Ia toward bank currency. Bank cur
rency Is what e. too must depend upon"
The national banks boldly propose 10
usurp the constitutional functions of
The federal government, and every man
and paper that lends them aid and SYM
puthy In their plottiugs is equally
guilty. The Detroit report, 1897, page
%. after denouuciup all government in-
reference. adds. The legitimate func-
tlon Of banks is to issue currency, re-
ceive deposits. buy paper and make
loans"
These "sound money harpirs" in their
Chicago report, ls9l, page -. claim that
their national bank blackbacks. with
from 90 10 80 per cent. more than their
fece value Of government debt behind
them, are ovcrsccurc. while silver and
greenbacks. with the constitutional
power and wealth Of the nation, are un-
safe. II we had free silver, sixteen TO
one, unlimited coinage, and allowed the
national banks to manipulate the
currency. IN a shor; time the country
would be H. the soup worse than ever.
The Chicago report, isol, page a.
speaking Of the rcvolulionisis, cN-
plains: The same agency Tan official
| organl would he thrir best method OF
influencing legislation. II was an
avuwed object Of the association TO
struggle for the repeal of certain tax
laws. In this they were successful.
They influenced legislative opinion. It
is comparatively easy for them 10 gnin
the ear and confidence of the adminis-
trative officers Of the national govern
ment. Some Of their members are high
federal officials. The treasury drpart-
ment stands always with its ear
towards the managers Of the financial
institutions Of the country. But II Is
not so easy for them to win the conf
hcnce and approval Of the legislative
branches Of the government. \ great
deal of effort must be put forth TO gain
the attention Of congress"
This national banking octopus has be.
come very vampire Of oppression that
is slowly but surely sucking the life
blood OF the republic. poisoning and
paralyzing the patriotism md integrity
Of the nation. Its baneful influence is
Everywhere recognized, seen and felt.
M. y. Butler, in Mississippi NHllc,
| Democrat.