Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1908-09-17

of business. This would necessitate a
gradual increase from time to time,
the opposite course would make GER
tain the most disastrous ruin. Such is
the uniform testimony of recognized
writers of all time and in all coun
tries. The never ending contention of
the money question is accounted for in
one way only. 1t is contest between
private interest and public interest.
1t was discovered centuries ago by a
few that the owners of money by con-
trolling its volume could control its
purchasing power and thus indirectly
control the value Of everything else
which money will buy. Again, by
charging high rates of interest, taking
advantage of the needy getting some
thing for nothing) they could live
without work and with scarce posi-
bility of loss, for it is notorious that
the security given the money lender
must be gilt edged making loss next
to impossible, else no loan. The Shy
locks, learning this fact, have been
increasing in numbers from age to
age, and generation to generation.
With vastly increased Intelligence it
has now become question whether
the mass of mankind shall suffer from
these exactions any longer. The battle
is on. On the one side we have the
wealthy classes with bankers, usurers
and money grabbers in the lead. With
sufficient ability they have purchased
the daily press and employed astute
writer's by fallacious and bewildering
argument to manufacture an unjust
public opinion in their own interest,
Rather than they should fail, they will
employ the powers of Heaven, Earth
and He'll to keep alive their insatiate
greed with consequent spoils. On the
} other side, we have the mass of the
people--the suffering public-who are
the victims of the aforesaid despoilers.
| The conflict is a difficult one, mainly
, for the reason that the press is against
} them. The fallacious sophistries thus
: promulgated, create a public opinion
which is difficult to control. As a
) further consequence multitudes of the
e middle classes by the hypocracy and
r false teaching of their enemies, art
: made to believe that right is wrong
] and wrong is right, and thus believing
= they continue to vote for the system
which reduces them to poverty. The
Y enemies of paper money would like Us
a to believe that the discount on the
d greenback during the war, was inner
: ent in the paper and unavoidable
r. when, in point of fact, the dullness o
n some of our lawmakers on the subjec
Il of money, the rascality of some o
e them and the necessities of the gov
II eminent for an immediate issue, tn,
IS presence of numerous lobbyists in tn
}. banking interest and doubtless the un
II patriotic and mercenary character OF ;
e few, caused the Senate of the United
n States, much against the wishes of tn
d House, to put an exception clause OF
: the back of said treasury note, ant
: thus destroy its money function in Ger
10 tain cases. The exception clause raj
e thus: "This bill shall be receivable TO
It all debts. dues and demands, eXCep
II duties on imports and interest on tn
y public debt. " Here you have tn
n wonderful spectacle of a great govern
l. ment issuing money to pay its debt
and refusing to take back said none,
d in payment of debts due said govern
e ment, to-wit import duties. Thi
J. action, as will be seen, destroyed tn
it money function Of this issue in yer.
II important case This was done by th
8 lawmakers and said lawmakers wer
Is responsible for the subsequent depreci
a alton or discount The gold owner
IS and gamblers here provided their op
?, portunity. The merchant with dutie
lie to pay however abundant his green
II backs, by the fiat of the lawmakers
" was compelled to go into the marke
d and buy gold to pay the import dues
,e The gold owners, on the other hand
:. DN COMBINATION, udu IL III InelI pON6
,r to demand what discount they please
II before surrendering their gold, TIL
r iniquity of this transaction was s
At glaring that President Lincoln is re
5. ported to have said "Those gold fel
lie lows ought to have their devilish head
l. shot off. In point of fact, good pa
A. per with unlimited legal tender powe
a was never known to go to discoun
Il when issued by responsible govern
A. ment 1t should be borne in min
ty that, however cogent and convincin
lie the argument, it has no effect ON tn
lie willful deceiver, who profits by hi
n falsities.
l. To show the potency of money in il
ne Auence- making was well understood b
he the second Rothchild. When he Gale
of his five children to his deathbed h
d. told them to obey the laws of Most
r and accept the advice of their mother
he adding: observe well these points
as and you will soon be rich among tn
n richest. and the world will belong I
n n g. =