Evening capital news. (Boise, Idaho) 1901-1927, 1914-06-07
THE CONSPIRACY AGAINST THE PEOPLE.

When the gamblers upon the New York stock ex-
change desire get possession of certain property they
begin attack upon the stock OF the prop
erty to destroy value in the market This they do
gardess of whether they considerable portions OF
the stock themselves not The most frequent method
of destroying the market value of the stock to sell their
own holdings at sacrifice They throw large holdings of
their upon the market at lower price than is offered
IF those who defending the stock buy this offered
stock they do only to be confronted with another Of
ferng at lower price Sometimes those VINO seek
to run the market price down. buy back their offer
ngs get of the stock in order to offer
it at lower prices than before Ii this method per-
sisted in long enough and the supporters OF the stock lack
the funds beat their enemies at their game the
stocks value is destroyed.
One first thought would be that such policy theI
part of of such stock would be suicidal 1t is alb
surd think that any would deliberately set about
to destroy the value of his property one would nat
urally think
surface of their present holdings It they succeed mi
'breakng' the market they buy up, not only their for
holding at much less price than they sold at but
they also buy large amounts of the same stocks
equally low prices Getting control of the stocks which
they have previously deliberately down, they in
position to restore the former high prices after which
they UNLOAD upon the unsuspectng general public and
thus win back much than they lost their gains often
being indicated by immense figures.
Among the greatest gamblers after this are
the bankers of New York who not alone their own
money but all the money and all the credit of their great
banks and their depositors.
When these bankers wanted possession of the Tennes
Coal Iron holdings and could get it in other way
their offer for having been refused they deliberately
started the bankers panic in 1907 and the iron
nerved Roosevelt forced to bow to their demands
the country from general ruin He did not however
do this until the bankers had succeeded in getting pos
session of the desired property way and his
turn prosperity if such consent were given or long
period of depression and want for the whole nation it
refused
When the bankers of the nation wanted the gold stand
ard in 1893 they simply adopted the expedent of refus
ing to make loans to old and panic soon
swept the country which not permitted to end
until the object they sought had been attained.
The gambler who sells his stocks at a loss and
thereby succeeds in beating down the price to point
where he can buy back at very much lower figure not
only recoups the losses he deliberately made peck
cts the losses that he has forced upon all other holders
stocks.
The bankers who denied themselves the benefits from
loans and thereby brought about the bankers panic of
1907 made millions where they had lost only thousands
interests. These millions they made by crushing the
wealth of other
After the restoration of the gold standard in $685. the
nancer proceeded to pocket the losses they had forced
lions created out of the losses of the earnings
savings of the hundreds of thousands of people of the
country who bad suffered until congress dashed
doing the will of Wall street
With the return to prosperity which they themselves
brought about in order to take in their profits they
not content with rakng in the money they had squeezed
out OF the hundreds of thousands they had into bank
rptcy but they began policy of deliberate theft where
IN there nothing to do but to direct certain entries
by the bookkeeper the issuance themselves of
cain securities The exploitation of the New Haven rail-
merely at his dctaton and by his command the whole
robbed millions Inst before that there