The Jeffersonian. [volume] (Atlanta, Ga.) 1907-1917, 1910-03-31
PAGE TWENTY

result l am used to StlngS, getting
it in the neck" and almost every
where else at times, without think
ing anything much of it; but when
some few weeks ago, | began to cir
culate a u. S. Monetary League petit
ton to Congress to prevent the de-
structiOn of the greenbacks and the
silver dollar, the last of the peoples
money, | was agreeably surprised at
my reception among the people and
the rapidity with which I secured
some 500 signatures or more In
fact, almost everybody would sign
after reading the petition, or after I
had explained it's meaning. Such ex-
pressiOns Of enthusiasm and pleas
ure as 'You bet, I'll sign that two or
three times if you will let me- "You
bet, We'll all sign that; keep that go
ing, ETC., are quite common. Once
in while, however, a man would
say, 'The rascals: what are our
members in Congress for? They
should prevent such as this and
would eVince an inclination. not to
sign the petition, but after being re-
minded that it was the duty of the
people to watch what is being done
and tell their members in Congress
what they want done; and after sug-
costing what weapon these petit
lions would be in the hands of our
Senators or members of Congress to
defeat any legislation that might be
introduced to destroy our good
money, [ almost invariably secured
a signature.
Often some man in a group would
read the petition alond, creating
great interest and resulting in some
volunteering to work to secure sig
natures, and almost every man sign
ing. At Farmersburg the miners
took it to their Locals and brought
back such long lists of names; in
fact, everybody seems pleased that
some one is working to try to save
the silver dollar and greenbacks and
establish Government money! equal
to all.
You may ask, Who is it that would
destroy, limit or stop entirely the
coinage of gold and all other Gov
eminent mOney?'
Morgan's Money Trust.
And why is it that the trust would
thus rob Uncle Sam of his right and
duty to supply us with medium of
exchange?
1. Because the non-interest bear
ing Government money completes
with the more than $4OO,00O.OOO of
notes now circulated by the national
bankers of the trust
z. Because the trust would like to
hog the whole business of supplying
the currency. Then by lending, or
refusing to lend, us their vicious
substitute for money (national bank
notes., they could by thus control
ling the volume of the circulating
medium determine wages and the
price of all commodities absolutely.
Besides, Morgan wants to put his
notes in the place of those $946,OOO,-
600 in greenbacks and silver dollars
which the Government now circu-
lates without interest Then his
notes loaned out at lawful interest,
compounded at the several periods,
would wiring from the American peo-
pie a yearly tribute of nearly $780,
100000, or one dollar per head. In
other words, the country now gets
$346, 100000 in greenbacks and
$500, 100000 in silver dollars free
of charge, whereas Morgans notes
to replace them will cost $90,OOO,-
600 per annum. In addition to this,
he wants a nice little central bank
at Washington, D. c.. into which the
funds of the National Treasury and
all other banks will flow All that