The representative. [volume] (St. Paul, Minn.) 1893-1901, 1900-01-04
Wegdahl, Mfnnesota.

Keep up It's Of3anfZatl0n ana nave 1ts
own ticket in the field It will be only q
choice between Republican of1ce-hold-
ers and Democratic pie-hunters. The
Democrats swallowed the Greenback
party and thought they buried Populism
in SO, but we manage to be pretty live
corpse yet. We must live. We do good
II we never come in power. When
either of the two old parties get toe
odious to the rank and file in their party
they steal some of our issues to build up
their shattered body The people will
see what they lost for trusting them.
Some of you may have faith in Bry-
an Democrat, but remember they are all
long on promises and short on fulfilling.
Cleveland, with a Democratic congress,
was elected on free trade platform
and they stopped the coinage of silver,
and when they at last framed a free
trade bill (Wilson's), it was twin
brother to the Mckinley high. tariff bill.
VIII, for argument, say when Bryan has
completed his arrangements with Wall
street and gets acceptable to the East,
he will be the next president of the
United States-with thousands of
hungry Democrats scrambling for places
Now, with the DISQUALIFICATION of
stocks in the East, and fictitious and
speculative booms in several places in
the West, the crash will come in Bry-
ans administration. The Republicans,
with knowing winks and 81 told you
SOS" will get the next administration
and SOW the seeds for another harvest
on the gullible people.
Dan Webster said: Give me control of
the money in country and I will rule
that country" That is what the ma
tional banks have been trying to get all
the time
l will not review old history, but
mention facts fresh in the minds of
many Of you. When Lincoln issued the
first $6O,O00.000 in greenbacks the ma
tional banks got scared. They had lock-
ed up specie in their vaults so as to die,
tate terms to the government. The peo-
pie came to the rescue of the govern
ment by going to the front and facing
the enemys guns at $13 month, pay
able in greenbacks. Then the banks
found they had to do something quick
or there would be an end to their bust
ness, so they sent their representatives
1C1>
roaded bill through congress that gave
AN exception clause stat
ing they were not receivable for duties
and interest on bonds, ostensibly for the
purpose of getting more specie in the
United States treasury. This is the way
it worked: When importers brought
cargo to this country they had to go to
bankers to buy silver or gold dollars to
pay duties, the bankers putting their
own price on silver and gold, and when
that got into the treasury, in shape of
duties, the bankers drew it out as in
crest on government bonds will say.
% their credit, they never charged more
han $2.S1 for silver or gold dollar; or
n other words, bought, greenbacks for |
q cents on the dollar. After the war
hey changed those greenbacks for in
bonds dollar for, dollar;
Ind three years later, in so, they, rail-
'oaded another bill through congress
'alled the Credit Strengthening Act"
getting their bonds changed for bonds |
payable in coin, dollar for dollar ~
Three years later, in ~, a bill was !
passed in congress stop
ling the free coinage of silver. But why |
20 on? Cleveland bought gold for bonds
when the treasury was full of money, !
md Mckinley has been busy telling us
We are on gold basis.
1t is larger game the money corpora
ions are looking for now. The money
;enters of the East are close onto a
'anic, why? Because they have shipped |
heir available cash West Then they |
nave their agents canvassing the rural |
districts to get the farmers to borrow
money on their farms. The rate of in
crest out there is 10 per cent in advance |
When you borrow on notes. These |
gents loan on farms at five per cent.
When the present financial bill
'asses congress, and it will be- !
ause the Democrats don't try
o defeat it, the greenbacks, sill
er and silver certificates are drawn
ut of circulation and we have only ma
ional bank notes, which are not law
ul money, the national banks will make
larger haul than at any previous time.
low, when the national banks control
he volume of money, can they make
money so scarce that 1t will be impos-
ible for the farmer to pay his loans
vhen they become due? A man with a
10000 farm may lose it for a $500 or a
1 900 mortgage.
With national bank notes for. cur +
ency, they can make good times or hard
ines; imitation and contraction-that is,
eeding and harvest. This will take
lace when Bryan is elected and the peo-
lie flock back to The Republican party.
We have felt and feel the influence of
honey in our politics. The people have
cen so many good and able men get
after they breathed the air
G ~ Crf IN N kIux = L