Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1900-01-11

{ otu Oil Dduh. w udt nave tue Luuu-
stills to do with the things their lords
and masters do. except to acquiesce?
cate. chosen to fill his present high
| position because of his hatred to repu-
| diation, anarchy, and other vile things
| that afflict the common herd. Then
| how iusolent to question anything he
may elect to do in behalf of the other
honest people who worship cent.-per-
cent. and hate a ..fifty-cent dollar" as
| the devil does holy water. The peo-
pie who can see anything wrong in the
| wholesome usufruct to the Standard
Oil magnates by reason of the recent
sale and purchase of the New York
custom house are scarcely worthy OF
notice except to point out the necessity
of fastening the day when it shall be
high treason to criticise and denounce
constituted authority-backed and up
held, as it shall be, by standing army
Va wv GU L1OGSduu IACu. w udG.
You haven't heard the story of Gage
and the Standard Oil Bank and the
custom house? Well, at the risk of
execution, drawing and quartering, we
summarize it for you-or, to be exact,
adopt summary given by the daily
press. On July last the government
sold to the Standard Oil National City
Bank the old custom house property at
Wall and William streets for So, 265,-
900. The sale was made under pro-
visions of a special act of Congress
providing that the purchaser of the
old custom house should permit the
government to continue to occupy 1t
until the new custom house was ready
for occupancy, the government to pay
as tenant of the building four per cent.
upon the purchase price, or about
$3.50, 900 a year. The day after the
sale James Stillman, president of the
National City Bank, went to Washing
LOhS hohAhS Win Nun q SCl CuOShs
drawn on his own bank, for So,
350-all but $40, 900 of the full price
agreed upon. This check Mr.. Still
man personally handed to Secretary
Gage. who Immediately handed it back
to President Stillman to be deposited
without interest in the National City
Bank. In other words, none of the
three and and a quarter millions of
dollars which the National Standard
Oil Bank paid the government for the
United States custom-house six months
ago has ever for one hour passed out
o. the banks control. The bank has
had not only the use of the money
every day since to loan out at an inter-
est for its own profit. but it has at the
same time been receiving rent from
the government for the custom-house.
cake and keep it is thus set at defiance,
for the National City Bank owns the
custom-house and yet retains the mon
ey it paid for the custom-house. Sec
rotary Gage has never turned the pro-
ceeds into the treasury, as required by
section of chapter S37. under the
terms of which the sale was made.
The $40, 900 "held back" was for an
other purpose. The deeds of the Gus
tom house are still in the Treasury
Department at Washington. The title
of the property has not therefore passed
to the National City Bank. and the
city of New York can collect no taxes
upon the land, as 1t is nominally gov
eminent property, although the Ma
tional City Bank owns and receives
rent for it. The $4,000 held back
was therefore merely a legal excuse
for not proving the title and for evad-
ing taxation. But why detail these
thingsP Is not the Standard Oil mon
opoly ..biger'n the gov'ment"P Is not
Gage the Amounted apostle-thrice
baptized in the pure waters of the
financial Jordan-of Sound money!"
destined to save the people against the
damnation of their heresies? What in
a common mortal might be de deemed |
knsvery is perforce in him virtue,
and the transactions of the King of |
Trusts are above and beyond the effete
fools who still affect the teachings of
Jefferson and Washington. The peo-
pie are the ..tailors of ToOley street,"
and the high-throned robbers who rule
them can afford to look down with
contempt upon their absurd squirm-
ings Great Scott! Were not geese
made to be pIucked, and is not the
jingle of fifty-cent dollars the DEVILS
own chime?
THE editor of the REGISTER is in re-
ceipt of letter from Judge VIM. II.