The Greenville times. [volume] (Greenville, Miss.) 1868-1917, 1899-10-14
BANK NOTE DESPOIISN =
An Argument in Favor of Green
backs from the Pen of Col.
VIM. ]. Bryan.
DOUBLE PURPOSE OF GOLD ADVOCATES.
why the Retirement of Greenbncks
Would Beneht Only Money Hold
ers--If the Grecnbnck IL Good
Enough 10 stand behind the Bank
Note, II is Good Enough To stand
Alone.


Nav, yorl, Oot The following
e,o,,. t,,, mon, of Col yy;Ilior, / Rrvau
-, a., r,,,,,,,,,I ,,,,o,, tho can.
tia,, ..p,,,i. NJ nasnntisr,."
T,,o od,oo,tos of tho ooId standard
b,,.,.o darI,lo nrr,oso
Eirst Thay dosire "a mike GOLD the
OH. Io,,oI +o,do, Cor the n,yment of
Az, S,I,tia a,,d NIT have dis.
o,ss,d tbiy uncetion On former orca-
,i,,.,e ,,,L ha,.. ,oi,+,d ont lint the
| ,,.,,a..,,,,. ~, ~ s,cb a law would
,o 60 ,.r,,oto :, o..,,ro,. demand for cold.
| ,,I.;al, III a. n. t,o only, money
Iar.u,, o,,,fr,lJo ro. the no,nent of
| o,,l tI,,,, ,fI tbo r,orov-o,yninp
oIoss ana iniuro tho yeoltb-nroducinr
olos.
M sooo,,d ,,,rr,y, or the advocates
90 +I,o ooII s+ond,rI 10 IN make bapIl
-, 'a,,,Iit ,,,o,,o,,
II, resrorse ~ ,,o,,r invitation beg
~ snl,,,i+ a fo,, aron,narts in srpport
80 tIo o.r,anl,,oI, a. ,o,inet the hank
na,a ~ nroonb,cl, i iseupd by tbe
ao,.,rn,nont and IN. volume of such
naris do+orn,ire5 Inv the neopIe act
49,. ti,na,,,,1, tI,oi,. ,.o,,osortativps The
IS -. - 1,+ s,cI
- -. oon be made = local tender.
WI, MN, hoe oreepbecls in his
,,a,1,a+ 10 hoe money which is ayaila-
H., Co.. +ra ,,,,,nont Of his debts. if he
t,,. l,a,l, no+os bic money Is only rood
,,'t,a,, +l,o arodi+or 10 wiling 70 accent
t,a rnoro,,
- a., ,,.or ,,.bo,, oold and sill
49,. ,,.,,i77 ,not,i,r, banl, notes
,tn.,,atod ~ IayaI with rreanbacI,s
~ ,,,.s -, ,,a,+1, any, more. fine
-, Loi,c, tl,o+ national hank notes
are navobla in lawful money and the
ie P,1I ~ taiua. ,,,anoy rand nj fine
s.,,,,a +in,o Tho abpanest money! was
,,raJ b., tho bonl,s for tbe redemption
If hsrl, notes II is interesting now to
" III, I,ar,I.o,.s Who redeemed
i,o,,1. notoe in inner when cold and sill
',,a'. ',.a.a - ,,rnr,iur, of over HIM
aoa+ taT, ,bou+ diehonesty
af daL+or y,batbar the debtor be an
1:.t5,,,I +l,a oo,arnment who
~, -, -, he ,lIiaotions in anv-
- .loa.,s+ money
RANK So,e.s Encf.fng.
nj, tanI. no4o ,as heen GOOD he
. w., l,o1,;,a II +ba bonds and
va vs. ,, ,i,,, issTod Inv the Govern
NV ~ sa,,l,ao1, is pood
li'ei''' - hsi,,.,d tba bo,1, note
enough ~ a'''i' 'l', -ta,,a o1ana ,,,it,-
II II s'o'' - r,,,tafi+
oO any - ,,o,,1. ,,,,,,o,o,, is obiac-
r''iU''''l 80 - :, a,ass foyori+is,,
'lol"p'e I'm ra,1or+od l,,,
eNlehueu u lew -
the mouse o'il'i,,,, :, A., 1.s+ con-
Welghts al.u il'e'''uAe - ''', ~
sie4n - ~. 49, +,oos,,ro,. of +ba
flIs'- ll'"' 'io
Unlleu 0'a'es pay - - t,,,a,,,,,,,,
dehlP'lon "
notes. .-,.,..,,,, % +bo
0ecoll'l '''' ~ ~, ;ly,,o cold
treasury nav ''o'ioil,3 ~, r.
pchus' drawing NOV - ,,,,i,,
per cent 10 se'ui NV So
tam GOV - - ,..l ,o,,1.s. to al
lhlru- nav Ia Una -,
lowed 10 oePoSi' o'llN9 -. - a.
bank notes up 10 'lie pau value Wv
bonds so dePoslleu,
"Fourth-I nav .i'e '''N vi ii'' 'l'li'''
banks ne reuueeu'
II TINS plah goes ih'o "l'0i''''o"' -
difference IN JUS elieo' uPol ~ -
dlVldual ana tlle ildtlon'i o''iiN 10y
stated as 1ollo"s, ne '"',> N9 r a.
to be retired ana pol's lsS"e"' ms
will mean an increase IA 'aAeS 10 pay
the interest upon 'he ooli'e' NJ ~
dividual VINO enjoys no SPee'', pr
lege Will ma ms taxes lncIeaSeu' "li.iT
the national pallk thaI enjoys epe'i'i
privileges VIII ma us 'aAes uiiiili'-
ished'
o'her ne"So
Second-t the individual buys
bond at par, he Will lose the use OF nus
money and must content hlmsel1 WIFI
the three per cent interest. II ma
tional bank invests It's oonds AT par II
can deposit the bonds ana secure nahN
notes to the face value OF ponds mus
securing return ON IT'S investment
and in addition to that 1t can draw
three per cent. nterestupon the bonds
In other words, the individual parts
with his money and draws interest
while the national bank gets ITS money
back and draws interest besides
The individual must eat his cake or
keep it. The national bank roth eats
its cake and keeps II. This is favorlt-
ism that ought not to be tolerated IN
a government which recognizes the
doctrine of equality before the law,
The moment the government begins to
confer special privileges, those In
position to profit by fayoritism begin
to clamor for legislation Immediately
in their interest, and as result the
iustrumentalities of government are