The Black Hills union. [volume] (Rapid City, Pennington County, Dakota [S.D.]) 1889-1904, 1899-01-27
HERE is EASY RELIEF
NO NECESSITY FOR BONDS
AND STAMP ACTS.
h Governments Credit Would Clrcu-
late IS Well In the Form of Green
backs as in h Form Of Shylock's
Favorite Bonds.

The money power refuses to allow
the industries Of the people the relief
n stimulus that would be afforded
by the free coinage of silver, and in a
time when are insufficient
the money power refuses to permit the
government to float it's own credit un-
less tribute is paid to usury.
Government is in terrible distress
for money. Enough revenue is need
ed to carry on government. But that
simple device which has been tried
with success, a device suggested by
common sense. and which any bust
ness firm dealing among numbers Of
Its debtors would adopt, and which
would afford perfect relief, will never
be adopted. Why? Simply because of
the greed of the money lenders and
the miserable ignorance of the masses.
What a spectacle it is to see men
afraid to utter an independent
own, because of fashion or opinion,
set for them by a cunning combine of
sharpers! We wear opinions, says
Holt, as we do clothes. A fashion is set
for us by others, who employ that
mighty Observation-Disclosures force
everybody into the adoption Of the
fashion. And We are made to doubt
the evidence of our own senses, and to
forget the teachings Of all past expert
ence, whenever a few top-lofty fash
ion-setters begin to mock. laugh and
belittle our independence.
A landlord dealing with thousands
OF his tenants would put his own cred
1t to circulating among them by his
due bills any time it became necessary.
But here in this great, big govern
ment, with an income from its people
OF several hundred million dollars per
year, and several dozen states, each
having incomes in proportion, yet we
Will suffer any extremity rather than
to revert to the issue Of government
bills. Some five hundred millions could
be issued by government every year,
and they would return to the govern
ASNoN - pay III u AuoCoAA
dues and internal rel taxes, never
costing n dollar Of interest. Year
after year, if common sense governed
our affairs, this would be done. But
the moment such a proposal is made
all that mighty combination Of men
known as Wall street, the Standard Oil
trust n a dozen others-all the
money brokers and bankers-set UP a
howl of indignation and scorn. A
Greenbacker Is as contemplate now
as once was an Abolitionist. The writ
er of this has lived to see both terms
used to v people with disgrace and
obloquy. And he has seen all the poor
people W down, ashamed to ac-
knowledge they might be tainted with
opinions of Abolitionists, Free-Soilers
or G~reenbackers.
Every fool, even, must know that IL
these same bankers had the power to
tax the people a few hundred millions,
as the government has, they would is
sue their W checks and orders to the
people, and never ask even consent.
Not much would they bother about a
deficiency of revenue Why, in the
name Of God, then, does not this gov
eminent, having such a great power
and such a mighty revenue, issue it's
bills at once? Because 1t belongs to-
day to the money power, just as much
as in 1860 it belonged to the slave
power-and in each case has played
such tricks before high heaven, at the
beck and nod Of the powers, as make
angels weep.
Many years ago, speaking on this
very subject from his place in the
United States senate, the ablest, wis
est, deepest-read statesman this ma
ton ever had-July 10, 1S41-on the
loan bill, used these words: with all
these advantages and the great say
Ing, in favor Of treasury notes Ii. e.,
gr~eenbacks), why not use them in
preference to loans? But one objec-
ton Is mediterranean will be
tempted to plunge deeply in debt by
their use. And from whom comes this
objection? From the party which re-
CARDS a public debt as, if not a. bless
Ing, no evil. # Il The banks are
hostile to such issues. They regard
them as rivals. = y Break all
connection with banks. II = Were
1t not for them government could at
all times use it's own credit to supply
all deficits. y What did the
senator CHenry Clay) tell us in his
speech on the sub-treasury? He said
truly that If we had no banks or any
connection with them~the credit of the
government alone, with our limited
revenue, could keep in circulation for
ty million dollars Of treasury notes at
par all over the Union, without one
cent Of interest. + + But this
great revenue, which would prove a
substitute for loans in the hour of diff
dculty, is given up to banks without
charge, and is all lost to the communi-
ty. This brings me to an
other nOint. We talk of 1Oanc q @ -