Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1907-11-30
A HIGH CRIME OF msDEMEANOR.

OF something that once happened, Napoleon said: 1T is worse than
a crime; it is a blunder" The state OF finances that this nation is now
government is concerned. When famine and pestlence scourge a coun-
try when the haryests of field and mine fail; when long continued wars
sweep over a land, killing the young men and devastating the fields, 1t
+ not strange that there is poverty and despair and that the ablest mana
gers are impotent to turn aside the general calamity. But that a land
so blessed Is ours has been for a decade; so blessed on every hand;
when every industry has been profitable; when the finances have been
reinforced by 500, 100000 in gold and four times that amount in trade
annually. and when IS the tide seemed running highest. there is a sudden
collapse that calls a halt all along the line; then it IS clear that there is
something in the system under which we live that is wrong; some vui-
nerable points have been left unguarded. or some sentinels have been
because this is supposed to be a government by the people, of the po-
pie and for the people. There "a money enough to carry IN all the in
millions of dollars per annum to its credit; the balance in the peoples
flavor a never equaIed by any other land since the beginning of time
hut 1t a all of no avail OF course there are daring bankers and
merciess spectators; but they are not peculiar to or country. The
trouble must be a lack Of accountability somewhere; the laws must be
faulty somewhere, and there must be a power in wealth which, a IS exer-
csed, has been stronger than the government itself. 1t seems clear
enough that for SOM cause the people became afraid and began Ito draw
in and hide their money. Why should they? They must have feared
that a depression was approaching which the most careful banker could
not bear up against. But why this fear? Simply because gigantic plays
wereb being made which involved such tremendous sums that the people
thought they saw a limitation and crash. Whether there a any founda-
zion for their fear or not the thing they did a exactly calculated to
preeipHate the end. We believe that the work of the few men who
control copper vas the starter of this For their W purpose they broke
the price from 81 cents to half that figure. 1t was their third perform
100000. Then the steel trust wanted Tennessee Coal and Coke, and If
it did not help precipHae the crash. stood by and waited until its rival
was glad to a W a remnant by selling. This means that the laws do
not compel more frequent and more honest accounting n the part OF
the great trusts and corporations, that too often prey upon the public
Such facts had ought to give congress something to work upon. This
country has suffered more than one panic. The others have been misfort-
mes this one Is a national disgrace. The nation stands before the world
as does the spendthrr who has reckessly thrown away a prneey in
hertance.
1t is given government to coin money and to declare the value
thereof. This places the primary ownership OF all money in the govern
ment. This gives II. the right and makes IL the duty Of the government
to see how the money of the nation is used. 1t has not MP to date; it
should Observation-Disclosures Weekly.