The Commonwealth. [volume] (Everett, Wash.) 1911-1914, 1913-12-11
SOME HITHERTO SUP
PRESSED INFORMATION
CONTINUED from Page ~

U
bankers by their Moses
Dear Sir; The interest of national
banks requires immediate financial
legislation by congress, Silver, silver
certificates and treasury notes must
be retired and national bank notes
upon n gold basis made the only
money. This will require the authori-
cation of from $50,000000 to $1,000
100000 of new bonds as a basis of cir
culation You will at once retire one
third of your circulation and call in
one-half of your loans.
"BE CAREFUL TO MAKE A
MONEY STRINGENCY FELT among
your patrons, especially among influ-
entail business men.
THE future life of national banks
as fixed and safe investments de-
ponds upon immediate action, as there
is an increasing sentiment in favor of
government legal tender notes and
silver coinage"
This little glimpse behind the
scenes should be enough to show any
one but a Henry Dubb that economic
power is the mightiest thing on earth
and that the political semblance of
power that we see in our state and
national capitols is but the reflex of
A.. ooo,o,,;o novvar E,varv detail Of
the above directions was carried out
and has become history. Not cog
slipped Wage workers are not pro-
foundly affected by money matters.
Free silver, greenbacks, bank notes,
are all one to them. The iron law or
wages holds them to their bitter
tasks and they will receive a bare
subsistence wage and that only, re-
CARELESS of the coin of the realm.
Temporary gains may be made only
to be offset by temporary losses. But
year in and year out as long as capt.
talism endures the worker will get
approximately what it requires to re-
produce MS eApeuueu iapoi Po"NA "iA
no more.
A year before this panic circular
was issued the following sentiments
appeared in the Bankers Magazine:
1--WE must proceed with caution and
guard we'll every move made, for the
lower orders of the people are already
showing signs of restless commotlon.
Prudence will therefore dictate pol
icy of apparently yielding to the popu-
lar will until all our plans are SO FAR
consummated that we can declare our
designs without fear of any organized
resistance.
1.-THE Farmers Alliance and Knights
of Labor organizations in the United
States should be carefully watched by
our trusted men, and we must take i'm
mediate steps to either control these
organizations in our interests or dis
rupt them.
cat the coming Omaha convention
to be held July 4, our men must at
tend and direct it's movements or else
there will be set on foot such antag-
onism to our designs as may require
force to overcome.
This at the present time would be
premature. We are not yet ready Tor
such a crisis. Capital must protect
itself in every possible manner
through combination and legislation.
"The courts must be called to our
aid, debts must be collected, bonds
and mortgages foreclosed as rapidly
as possible
when, through a process OF law
the common people have lost their
homes, they will be more tractable
and easily governed through the in
fluence of the strong arm of govern
ment applied by a central power OF
imperial wealth under the control OF
leading financiers. A people without
homes will not quarrel with their
rulers.
History repeats itself in regular
cycles; this truth is well known
among our leading men now engaged
in forming an Imperialism of capital
to govern the world. While they are
doing this the people must be kept in
condition of political antagonism'
"The question of tariff reform must
be urged through the organization
known as the Democratic party, and
the question of protection with reel
procity must be forced to view through
the Republican party.
"By thus dividing the voters we can
get them to expend their energies
fighting over questions of no import
ance to US except as tethers to lead
the common herd. Thus by discreet
action we can secure all that has been
so generously planned and thus far
successfully accomplished"
Here you see the inner circle of
capitalism as it was twenty years ago.
Since then it has increased in cruelty
and cunning. Only the stupidity of
the workers can be blamed for it all.
Every institution that capitalism has
reared but reflects its power. As soon
as Won who toll learn that every bit