Hutchinson gazette., 1899-01-05
ONLY TWO AMERICANS.
THE FLAG AND THE O aEENBAcK
ALONE ARE LOYAL.
Gold and silver Money Know no Country
and 80 Sovereign Except tho Money
Kinga OF tho Earth to whom II Filos
IN Tlme Of Danger.

1
politicians, The bankers are demand
Ing the passage Of the Mcclcary'Gage
banking bill now before congresa The
passage Of this bill will In effect put q
saddle upon tho backs OF tho business
men, property owners and laborers ol
tho country, and put the bankers In
tho saddle, booted and spurred. The
demand OF the bankers for the passage
OF this measure Is tho most brazen de-
mand ever made by any class OF citi'
zens OF their government in any ago
II IS a criminal demand that the people
surrender their right Of life, liberty
and tho pursuit OF happiness, because
the effect OF this bill will be put into
the hands Of the banking combination
the power TO plundcr the people nd
llbltum. Under the operations OF such
4 law, values become a plaything In
the hands OF the bankers. To retire,
either through taxation or by onlarg-
Ing tho bonded debt, all tho green
backs and treasury notea and make
SILVER dollars redeemable In gold, and
then turn over 10 the banks tho power
TO issue and control all paper money
would prove as disastrous TO tho prop
erty owners business men and labor
ers Of the country as 1t would to sur
render tho taxing power to private
parties
With a sound and stable money the
people would be able to transact busi-
ness and create wealth with which 10
pay taxes, and an abuse Of the taxing
power would not destroy the people
before an opposition could DO aroused
that would restore TO tho people their
rights. hut with bank control OF the
money volume the banks will be able
to expand tho currency and lend short
dollars and then contract the currency
and force the people to settle with
them on long dollars. In short the
proposed bill puts into the hands Of
the banks the power to manipulate the
money volume 30 as TO transfer the
wealth OF the country into the hands
Of the money lending classes with no
check upon them and no regulator ex-
na,y la o,,aal ~ th. ho ,lsasa
Under tho operation OF this bill tho
bankers will DO able TO bankrupt, at
pleasure, not only such individuals rs
oppose their way but the whole coun.
try as we'll Under the threat of their
displeasurc they expect TO be able to
overawe the people individually and
collectively,
The republican party did not dare
make this demand Of the banks part
Of the ST. Louis platform. They we'll
knew that to do so would mean over.
whelming defeat The republican vo-
ters of the country are not In favor Of
this measure. The republican party is
not openly pledged to it, That the
bankers cXacted n pledge from Chair
man Hanna, before contributing to the
campaign fund, is not doubted neither
is II doubted that the pledge was Civ.
en-. The chairman of the republican
national committee, In giving such "A
pledge, no more represented the indi-
vidual voters Of the republican party,
than similar pledge by the Indian
apolis gold democrats would represent
the six and half million who voted
for Bryan.
The republican leaders arc afraid of
this measure. They wish to avoid it,
but the bankers are insisting upon it
as q quid pro quo for the campaign
funds furnished,
President McKinleys position upon
this measure is evasive ut the present
time. lie is throwing up straws TO u.s.
certain the direction and force Of tho
winds on this, as he does on all other
matters. lie knows the power of the
bankers, us a factor in politics, and in
clines TO favor them and will do so un-
less he becomes convinced that to do
so will compass the political downfall
Of himself and his party.
The republican politicians are more
afraid OF the bank question than they
are of the silver question, and they
would avoid another encounter upon
that issue II they could. The Ameri-
can people cannot be thrown in panic
over the question of gold standard or
bimetallism. They remember that
from 1861 to 1879 the business OF the
country was transacted without the
uso Of either gold or silver, except as
an annoyance caused by vicious
clause in tho law creating the green
back and reserving special function
for the metals. In 1861, when both
gold aud silver left MS with war on
our hands more terrible than any war
we are likely to ever again encounter,
tho greenbaclS was born to save the
life of the nation. 1t did It's work