Virginian-pilot. (Norfolk, Va.) 1898-1911, 1899-02-02

contraction played upon us in the staff
of life. There are entirely too many
grains in the world now, to make n
wheat monopoly pay as it should. There
is maize, or Indian corn; there are oats,
barley. buckwheat, rye, millet, &C.,
all eaten by many people as bread, or
otherwise, as a substitute for wheat;
and even If 4 trust shall hereafter
monopolize wheat Gas it has gold), it
must also monopolize bread of all kinds
before it can have absolute sway, as
money of all kinds is mastered by the
money-trust. Wheat must be made the
single basis of bread. How? BY buying
up, or breaking up. all mills that grind
anything but wheat-and trust wheat.
at that-and, if necessary, allowing no
baker to have any wheat who bakes
anything else.-anything save trust
wheat-as cigarette or tobacco shops.
or dealers in anything in the hands of
trusts, are controlled
But suppose the food trust be carried
as far as the money-trust has gone.
and Is trying to go, with money-re-
duce food to wheat alone or promises
OF wheat, as money is reduced to gold,
or promises Of gold? Producers and con-
sumers and dealers in all other grain, in
all beans, peas. potatoes, and all veg
etable roots. plants and seeds would be
deprived of all these. and forced to use
wheat or promises of wheat. This is an
eXtrlVagant and preposterous SUPPOSE
tloh-is ii? Yet, mark,-what has been
done and proposed in money, surpasses
all this; and it is to illustrate that fact
that this supposition (Which may vet
become largely reality is suggested.
FOR money Is the universal exchange
the substitute and representative-not
only OF bread, food, but of all things
whatsoever; and 1t is reduced, or is to
he or we allow iD. to one basis, ma
terial. resource-gold-and promises of
gold; for we shall see nothing but its
promises.
We are deprived of free and unlimited
SILVER coinage, of greenbacks; of legal
tenders and other Treasury notes; of
State bank notes; and we are. restricted
to gold alone for free coinage and gov
eminent issue; except the promises is
sued to the banks freely, to be lent, as
our only currency, to us by the banks
at from TO II per cent n year.-pro-
Vlded we can give gilt-edged security
And yet we have only $40, 000. 900 of gold
in the Treasury for government. banks
and all of us! But there are many
more millions of gold in the country.
Granted: yet not n dollar of it will leave
the money centres where it is boarded.
unless purchased: the banks not re-
deeming their notes at all; that part
of the banking business" being nut
upon the Treasury. Think of 1t! Your
only money curtailed to gold. with ONLY
SliOOO0OO0 in hand to meet all obliga-
tons. and redeem all outstanding sill
Yer coin, greenbacks. legal-tenders and
other Treasury bills and notes, to say
nothing of the bank notes.
Or course, 1t is a manifest fraud and
swindlc. unless there is great issue of
U. 3. bonds to buy gold and increase our
interest-bearing standing debt enor
mousy. The Money-Trust is still turn
ing the screw OF 1879; and it IS to be
kept on turning. while the double-rood
OF bonds and bank-notes continues to
rob the people in the name of gold. for
The ACKNOWLEDGMENT of the trust and
its aiders and abettors: many of the
latter however. being among its vic
TINS. The American people and their
trapsactions (beyond the fund required
ior the bond, stock and other gambling
in the money centres) require n curron
cy of at least $50 per capita of
population. This would be n to-
tai of at least 1850 600. oOO
. with all our money withdrawn
or destroyed, except 100000. 900 in gold
(Which cannot and will not circulate
even In the form of gold-bills, or gold
certificates of deposit-as they will all
so to the money centres at once and be
gobblcd up by the banks and other
agents of the money-trusD, we shall he
, forced to resort to the banks for our
currency. 1t is actually worse than If
We had to look solely to the wheat
trust for bread: for money stands. not
only for bread. but all things The
Scriptures tell us So. and so does our
experience.
The bank-notes are not gold truly;
yet they are all the gold we shall ever
see; and they alone have been meant
in all this cry for gold. They are. too.
unlimited in production; not limited
like silver and gold by nature: but
wholly unrestricted the deposit OF
bonds required for their free emission
to the banks being in the nature of an
encouragem as 1t is n safe deposit
Of an Investment that keeps on paying.
| all the same. in gold. and free from
taxation. What job Is this. put up on