The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1910-06-10

makers who represent lis IN the con-
gress and senate should be warned
that we as citizens and bankers object
TO trading it for any asset currency
scheme or central bank octopus. For
United States have had good money.
Not dollar has been lost by the bill
holder There are men in this assem-
hlage past middle age who never saw
bad dollar. l can remember when
the value OF a $50 bill huctuated
more than the price of wheat on the
board of trade God forbid that we
ever should return 10 those conditions,
The scheme of crafty Shyiocks TO
consolidate and concentrate the wealth
and power of few of the controil-
ing banks of the country in great
central bank of issue. with its
branches at every point of vantage.
means the determination of the com
munity bank. Such bank would be
like an hundred Standard Oil com
panies rolled into one.
The asset currency scheme is worse
If possible. Both are SO bad that
they should not be considered by an
intelligent people.
Under the present system the brain
and Drawn of these United States have
worked and wrought and accomplish
ed the greatest work of nation build
ing under the sun. If the present sys-
tenn has defects. remedy them. If it
is not elastic enough, make it more
so. It can easily be done. and the
crafty plotters for asset currency and
central bank monopoly know 1t so well
they dislike to have the ways and
means of doing it suggested to them.
1t is the country bank they want to
put out of business, and build upon
the ruins OF diversified and well dis
tributed banking system. colossal
centralized monster that will rule
this country and its industries with
g hand of iron
II has been said that Roman en-
reror fiddled while his capital burned
If you love your country and desire
TO remain a potential factor in it, do
not emulate his example. or you will
stop fddling some day to find you
have been put out of business by
hydra-headed colossess that will make
the Standard Oil company look like
an ant beside an elephant
Do not be m4sled by the sophistry
of the financial demagogue who wants
to issue currency backed by air, of
their central bank plutocrat who
wants to hog the whole thing himself
The people of this country hare good
money now and have the right to
have it for all time to come When
aries and central bank monopolists
are relegated TO oblivion and the
originators given to understand that
the people of this republic will not
have any currency circulated except
that which is backed by the whole
strength and power of the govern
ment and through it by the people,
then and not until then will we have
peace and stability along financial
lines.
On the shoulders of the young
bankers the responsibility of carrying
on the banking business OF the coun-
try now largely rests. They are so
strong, so efficient, so well equipped
for their work, that the load to them
is but as a feather, and those of us
who have passed the age for strenu-
Gus activity can rest content that the
young fellows in the short coat and
the derby hat will not fail
The Carthage Republican in closing
its account OF the meeting said: A.
o. Wilson, vice-president of the State
National bank, st. Louis, made the
principal address OF the afternoon, his
theme being an explanation OF the
working Of, and strong argument for
a central bank The sentiment of the
convention was opposed TO the central
bank and Judge Logan of Keokuk ex-
hibited rare restraint, because OF the
lateness of the hour, Z at he did not
leap on to Mr.. wilson's paper and rend
il argument from argument