The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-01-09

their money In banks tor safe kcepings,ou
thereby he compelled 10 secure the clrcula-
tipn OF the banks.
Mr Cages enort TO bolster up the safety
OF his plan 10y showing from past history
OF National banks what an eighth of ! per
cent guarantee fund paid by The banks on
their circulation would amour; to- Is un.
worthy OF any one pretending To great ahO.
iiy. as those statistics are taken from con
sentative. not wild cat methods
With such n system In vogue an era ~
Wild cut banking would cclue, such rs this
country Lever saw.
Thcu. too, how wonld that ohyintc the
evil he seeks 60 remedy the disposition of
hanks 10 preclpitate a panic by calling In
leans when hard times como,
No nv fticrdJ, the Nico ~ The whole
system is "rhc government has NO hnsi
ness to be IN the hankiug business. the
banks 70 business tc he Ia the governing
business.
Wa have no need for large surplus w
the treasury or banks 10 induce u large VA.
tlona debt TO serve rs q lSlS for their cir
rnlation We do rot med reciprocal rcia'
tons among banks bur hauks 10 cophne
themselves In their own localities To the
lmsiness Of lending money to whom They
please .,. .,,,... ,..,,, f.. 49,.
commercial centerS by ovcrtgNihg our pc"
pie: We need 90 lei the people keep thrtr
money in their own pockets, we need an
American financial Ystcm independent Of
banks 81 home or abroad.
The nitiicial stimulus ri wars at home
and ahroad The sale Of tonds TN timc =
nease dis sters In hHrveStS tn foreign lands
AND hointtful production ~ homo, coupled
WITH tho tremendous rccuperattVc powers
Of this country, from q period OF ahnornai
depression, had added To cur circulation
under the present system, SJh0Wun IN
Eve years, but " has cost US SNnonWS
~ hond', the rcinnding al our Na5"nG
debt and S25Oo.ooOWn balance ot trade IN
our favor to get u. -
Aud the best that con he said OF the
system even by Mr. Gage Is that II Is
adapted to fair weather and not TO
agp ms
While our stock Of money has thus in.
creased the worlds supply mas not been
Dcnrcssion and dry rot has set in on the
eastern hemisphere, orr exports must con,
tinue as they have already begun, 10 iaIl
on Our rainy days viii soon come Nhen
thev do Won may expect again to hear
demand for money system here, American
10 the core and divorced from corporate
These United States. with one-third the
banking capital Of the world. growing one
third OF ali the agricultural products. man.
| ufacturing one-third OF al things maze MAJ "N
man can maintain It's own unonclAl SNN.
tenn independent OF foreign Kings Prlh'e7
or potentatcs. ,,,
Now. my friends. | reach the issue which
should overshndow all others IN q govern
ment of free men; the question Of
IMPERIALISM.
and its grim -vlssged attendant mlRiarsn,;
| The entering wedge upon . poncN OF
| colonial ACKNOWLEDGEMENT was driven IN Whcu
Hawaii was annexed rs pr't'nd'd MIA
tary necessity.
| parturc from our traditional policy We're
| ridicucd MS alarmists. and were assured
| that no thought was INDUCED of abandon
ing the Monroe doctrine onI me Pianollp,rS
! contained IN the Declaration NJ American
| In spItc of the fact that Hawaii had hcru
under the political aud commercial 1"lilhn'
| lion of the United states. and ont OF u pop
! ulation of 10000 only 1000 We're Americans.
we were promised that urder The nag ~
the Union the Islands would soon be Amrr
| icanizcd since then their population has
| Increased JOOOn, less than 2OO of when are
| Americans Asia has continued 10 pour In
! Chinese and japanese ana poor PORTO k"n
| has been drafted upon for cheap lh'pr
| after the sugar bnrons failed 10 secure nc
| groes from the South.
President Mckinley declared. when the
| iutolerable oppression Of the Nnha4s were
| about TO involve us in war with Spain. that
| "forclhle annexation under our code or
morals would bc criminal aggression ana
| could not be tolerated.
! We went TO war tor "humun liberty.
| based on human rights" lh" Filtpinns
were armed and their alliance invoked
against the common foe
! The nag of our country was carried ny
| our soldiers and sailors to glorious victory
upon land and sea, ana centuries "t spanish
! tyranny were quickly oycr'hruvn.
In the far-on Philippine archipelago I'M
holy greed saw an opportunity to line plu'
| tocratic pockets.
tSRthvu Vu' AZ Jaa,h ~ 'rotio,'s fnlti, ana
| to nnIp'.iu !" -, an,o,t,sr ,oior with
~. nIs ISL. 10. g.. ,n,oo Ia hinod ana treos,rp
| ou' cu't ~. va, ,I a. '''''
| Iine nhet,,"" p"'cE,,,1r 10 th. commercial
N n uumntplES E hmt' niistoI othars tr carry
| III ~ lllot VIII viii, n"9 ,i,ai - van" mas a
lns SUM-" M"e5 SJTP'' wv "''''
| 'eHnus 'os' w u."' - 20 ,sg .hor sso 900 Oul
WIN an tAp'nSe ~, S s, ,"' nv In ISM
per ahnu,n i"' III hns c,,,sd an h'rreuse
our s oHHn Va M , ~. nt ,,,IIt',rv OK
w .S N-',u,,,u,''" ''' wa
'hppnsnulehi' ,t,,,,, ,,o,, ho,.e r,yar nm
houSan'' ., s" s,,,,,a, Isi,nds Cboi,
lnuii nnoS u RPouo bscoInn ,l'"sicai wrecks
| I n.y. ,v,'ini Iir,n ana mo Ilrht .f
uhuer l'uPlC"I f,,o ~ S,o, tl,c mind
reason nus Eou' "no i"', ht ., di.cn,, I'm
on solniv , u" , III ,,bt ~
utp Ml,n, Ias ,neE ,i Us, ,ro,tIv opI,rged
pur pens ion ."t W., ma ,,,ra Ilnod and
tnd smS Fnu Is "" -, no nan,ed nut i'm gettimp
a,nar"t s a1' IN. !N y" fdrnf,tbers honed and
HMaA i,p"' ii" ""'
thHsht. 49,. .t,, ,,o,.o,,,,n,nt In rho PIN
"a Vnilr' louE =, ~, irnd "a, m army a,
ippnnes - ug,ns n ,,o, ma tie nav ~ in,
MIR .naid '",o' 1 "a Wtn aHh non. 'nnnu,n
sint'n ,, ~ ia Ell no e1n"rts from tht
I III Stoto. 70 thr philinninr Islnlids.
otiltu o.ntrS :" Va, siiiar,. ~ S5n 600
~ 70 ~, 49,. 80 bend commissioners si5
N.Y. N.Y. tT ''ur us VI ~ the crnnt STAT
NN td'u- ! nv SuNfl il'i " ~ -