The representative., 1900-05-03

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Bryan and Lee, th1u Democratic general
Of Virginia. Whist = commentary! i
Accepeanee ana AAvice to the Cii-,
cinAsti cunwention.
saltwater, Mihn, April 2s, 1900. !:
DR.. Fay.
Dear Sir: Yosir communication Of
April 16 Informing me that had been
nominated. for the ONCE Of state treas
urer has been received.
While / thank all those who partici-
pated in the referendum ballot for plac-.
ing my name before the voters. yet I
am OF the opinion that an abler man
should have received the nomination. Z
am not in politics for Office or notoriety,
but for the principles Of right and justice
as enunciated in the Omaha platform,
with one slight change. would have
I the legal tender plank read as follows:
WE FAVOR A PAPER CURRENCY
ISSUED BY THE GENERAL GOVERN
| MENT ONLY, A FULL LEGAL TEND
| Err FOR ALL DEBTS PUBLIC AND
PRIVATE. TO COME INTO CIRCU-
| LATION BY NATIONAL IMPROVE
MENT, SO THAT EVERY DOLLAR
WOULD CREATE IT'S FACE VALUE
IN PROPERTY THAT WOULD Be
LONG TO ALL THE PEOPLE, BEFORE
IT COULD CIRCULATE AS MONEY.
The subtreasury system is the buga-
boo that has frightened the laborer
They saw in 1t an opportunity for the
farmer to store his grain, the planter to
store his sugar and cotton, the manu-
facturer to store his goods and wares
all at government expense until the
prices were forced up, thus compelling
the very men whose labor contributed
them to pay an unjust tribute to spec
ial law.
In 1892 the people were ripe for re-
form. It the leaders of the Peoples
party had been wise and not placed a
club in the hands of our enemies to beat
us with, we would have secured vic
tory.
In 1896 both old parties were trembl-
ing with fear. They thought we would
correct the errors of '92 and sweep them
both from power
But we fell into their fusion trap and
was almost annihilated, only a few
of our staunchest members were spared
to recuperate our nanaks
Thanks to Divine Power there are
more reformers in the United States to-
day than ever before. Plutocracy has
divided them intoofactions and is still
at work splitting them up in hopes that
no large force cam be martialed under
one banner to opopse their rule and ruin
policy. The fate OF our nation is in the
Oe@AS~AANO
Cincinnati convention be wise, just to
themselves and postaity, and frame a
platform upon which all reformers can
stand for q final conflict, SO this republic,
the grandest heritage God evefaEave to
man. may not perish by the hand OF
greed? &
DOWN WITH PRIVATE BANKS.
In the near future all paper currency
will be national bank notes.
The new financial bill that recentlv
became law gave to the banks the
power to retire all United States treas
ury notes and silver certificates and
issue in their stead national bank notes.
The banks-the money trust-will
bring it about in the following manner:
Shortly after election, no matter which
OF the old parties is successful, the banks
will begin to hoard silver certificates
and United States treasury notes. Money
Will become scarce, times hard. Every
industry will be pressed beyond endur-
ance. Then the banks will present the
notes to the United States treasury de-
partment for redemption. The result
will be the redemption fund will be
drawn below the $10o, ,o00, 900 limit and a
bond issue will follow. More bonds for
the banker and more debts for the peo-
pie.
Those notes are presumably retired,
because the law says they cannot be re-
issued until some one deposits gold in
their stead, something the banks will
never do, because they drew the gold out
to sell back to the government for inter-
est-bearing bonds.
Voter, how do you like the rule Of
the money trust?
National bank notes have always been
considered good because they are based
upon government bonds, and govern
ment bonds are based upon the
producing capacity of our coun-
try, and that is far in excess
OF the requirements of our peo-
pie, which makes our bond the best in
the world; so. you see, the national bank
note is based upon the producing
capacity of our country and a few in
divfduals are allowed to own, issue and
control them and collect tribute in tho