The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1900-04-06
HERE ARE SOME FACTS.
And They are WORTH Of Thoughtful
Consider ration.

From the New York Journal tdem.).
Just consider these facts f)r few
moments and see what you think OF
them.
The senate has passed the cur
rency bill, with an mendment per-
petuating the public debt, inIthe in
terest OF the national banks; the re-
pubicans in both houses have re-
solved to divorce the flag from the
constitution, deny Porto Rico the
benefits promised her upon her an
nexation and convert our rule in all
our colonies into the naked domlna-
ton of a military empire, and the
attitude Of the administration on the
Hay -Pauncesote treaty, and some
minor matters, has shown that it Is
the intention of the men in charge
of the republican party to launch u
into "world politics" as tail to the
kite of England.
And at the same time the $780,
1000, 900 quarterly dividend OF the
Standard oil trust-$SO, 100000 a
year profits on single one OF the
Rockefeller combinations invest
ments-and the proof in the Frick.
Carnegie suit that the Carnegie steel
company is earning profits OF $40,
100000 year, have thrown start
ling light on the power of the gigan-
tic aggregations OF capital OF which
the republican party is the natural
protector
Saall tha nations money supply
be controlled by the banks or by the
government?
Shall we rule our d 'pendencles al
a republic or as an empire?
: Sh II we maintain The Monroe
Z doctrine and our independent ma
, tional policy, or snail we enter the
European concert as the silent part
ner of England and invite the pow
! ers to regulate the affairs OF this con
tinent?
J, Shall we allow the trusts to absort
{ all the wealth Of the country, o
( shall we curb them before it is to-
{ late?
,lFoR THE FIRST TINE DEBT FOL
I DEBTS SAKE.
. For the first time in our histor
congress is about deliberately +
! adopt the policy Of creating nation
al debt for the debts own sake-no
because the government needs t
: borrow, not because it is going t.
e put the money to any productive use
g but because tho, Banks want +
e make profit out Of holding bonds
D With money heaping up in tn
2 treasury we are going to cease bone
r redemptions and hunt for extiava
CANT and demoralizing ways Of dis
4 posing Of surplus which, with re
# Gently honest management OF our 4
r nances, would put us within tel
n years in the proud position of a ma
: ton out Of debt.
: The Joint profits OF the STANDARD
oil trusts and the Carnegie stee
6 COMPANY amount to $12O, ,0O0,O 900
!, year. That would pay off the entir
bonded debt of the United States il
little over eight years. 1t is twic
!, as much as the whole income Of tn
national government when Mr.. Car
negie and Mr.. Rockefeller wer
!, boys.
!, The profits Of these two combina
! tions are enough in single year I
absorb almost the whole outstand
ling note circulation Of the bank Q
! England. In two years they woul'
! more than equal the net stock Q
! gold in the treasury Of the Unite'
! States. In eighteen months the.
would match all the gold in the i'm
,|perial banks Of Germany. The,
lamount to as much in a single yea
, as the gold in the national bank Q
Italy and Spain combined.
ApALLING PROFITS.
{ The annual profits Of two aggre
y cations Of capitalize Standard oi
TRUST and the Carnegie steel com
$ 'pany-are equivalent 10 the interes
Iat 10 per cent. on 81 200, 900, 900
at 5 per cent. on ~, 400, 900, 900
and at per cent on $4,000, 900, 900
If Mr.. Carnegie and his partner
ard Mr.. Rockefeller and his partner
wanted to draw such an incom
) s|from 2 per cent. government bond
5 as they draw now from their in
: vestments in these two industries
I. by no means the only sources o
revenue they possess-they woul'
$ have to buy bonds to the amount Q
E six billion dollars, which is nearl.
,lsix times the total bonded debt 0
: the United States and neasly doubl
Z that of England.
yuNs