The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1905-07-08


You have all noticed that during this
long, hard year, though they have
abused and Vilified me and mine, there
are two things they halted at-haling
me into court or setting their braves on
to me. Crazy l may be, but they have
shown no disposition to exhibit the fact
in open court where all the world might
judge, and they shrink from attempting
the assassination of one who has the
American people for an audience.
The sureSt, safest and most natural
process of restitution is the application
of the "system's'' own methods to the
system If we find a Rockefeller
possessed of 500 millions, we shall first
investigate how he obtained SO much
money, and if he gained it legally 4e
must never be InoleSted in its owner
ship, for it would be dastardly if the
American people took from any one of
themselves that which they had them
selves given him, for that is what OBJ
tanning property legally really amount
to in America But the ownership of
so large a sum by one man is proof
positive that it was not obtained legal
ly, therefore we should discover exactly
by what methods of squeezing, hlching
and plundering it was got together and
then take him and his 500 millions back
over the route of his raid, compelling
him to- drop the booty at each twist of
the road. There would be righteous
retribution in despoiling the robber by
means of the very machine he devised
for your undoing.
Today the great corporations supply
ing the luxuries and necessities of the
American people are owned by few
men, They must be restored to the di-
rect ownership of the American people.
1t is in your power to bring about this
financial revolution when you realize
existing conditions. But you must be
educated to the necessities of the case
and you must act in concert. 1 promise
no miracle and pretend to no magic.
Nothing can be accomplished for the
betternent of conditions or for the re-
versal of financial practices until you
yourselves are convinced of the wisdom
of what I shall advise and take the
steps that must precede its successful
accomplishment.
Sell All Stocks and Bonds.
The first step is for the Americas
people to divorce themselves from the
System" and sell every share of stock
and every bond they hold back to the
frenzied financiers at present inflated
prices.
Take the money thus realized and
place it in banks and trust companies,
or better still, in government, state and
municipal bonds. In selecting banks and
trust companies steer clear, to the best
of your ability, of those institutions that
are linked up with the system. When
YOU all have done this you have cut the
foundation from under the inflated price
structure the system is maintaining
and a collapse is inevitable. When the
value of securities decline to a given
point the system must throw over
the stocks and bonds it is carrying. for,
bear in mind. frenzied financiers never
own outright the stocks and bonds that
stand in their names. A financ1er worth
500, 900, 600 will be found owning $780,
600 900 of stock, borrowing the $4,000
600 from the funds of the people in the
banks. When the system sells the
public alone will be able to buy. Then
the system will be no more. There
is nay simple plan-to load up the "sys-
tenn with the stocks and bonds dis
tributed among the people in addition
to the stocks and bonds it owns itself.
Then deprive it of the money of the
people. Result-the artificial price
structure collapses. the stocks and
and gas companies all drop to the real
cost or values of the properties they
represent. Then the people, the money
owners, purchase the stocks and bonds,
and having only to pay interest on tnelI
real values. can reduce rates or fares
and freight and prices generally and the
revolution will then be complete.
His Remedy.
About the course of procedure I am
advising, there is nothing complex,
confusing or dangerous. When l put
forth this plan of ending the regime
of the System" a great cry of murder
and anarchy went up from Wall street
One might think from the outcry tnat
had suggested burning New York
Let me assure you that all the INJURY
will be to the thousand millionaires-
all the profit to you Seyenty-nIne odd
millions of people At present the
American people can get high prices
for their stocks and bonds, two 10 Two
and a half times as much as they are
worth SO or 100 per cent more than
they could have got Is months ago
they can get real money for them, ana
for this they can get as much Interest
on government, state. city or town
bonds or upon real estate mortgages
as can be honestly promised in any
legitimate business. If eventually II
should turn out that there is nothing
in my movement, all that it is neces-
sary for the people to do is to repur-
chase from the System" the stocks
and bonds they have sold.
Make no mistake. My crusade
against Frenzied Finance and It's Vo-
taries and their plundering, robbine
game will be carried to finish.
shall keep DINING into the ears of the
| American people the brutal facts Of
| their injuries until I rouse them tc
action. I shall keep urging them te
sell them. 1 am on the trail-and Il
necessary. shall tramp bare-footeo
summer and winter through every
town in the United States until 1 ac-
| cornplish my purpose and complete
| this reform. If I live. the American
people will sell their stocks and bonds
When the proper time comes to an
nounee my remedy, I shall set it forth
shall operate it and prove its efficiency
though its practically will be ap-
parent at a glance. In operation Il
will benefit all alike, the farmer, the
| laborer, the producer and consumer
first, and the honest possessor of cap
| ital second. The conditions of its ap-
plication are such that no man car
| misuse it or turn it into an instrument
for his personal benefit. This cannot
be done at the beginning or at the end
or at any time. I. its inventor, shall
be as powerless to interfere, chang'
or transmute as any one else
His Fortune Goes With the Rest.
| You ask me here-what will become
of your own fortune? I answer
will have to go with the rest, for my