Saturday news. (Watertown, S.D.) 19??-19??, 1916-07-27
H. L. Loucks Issues
Call for Conference

am just III recelpt . a can tH
several groups, or organizations, who
are opposed to the present private
monopoly of money by a group of men
organized under the Federal Reserve
bank system, and given the power TO
control the labor, industries and Com
merce Of the United States, and pre-
pairing to sacrifice the interest of The
United States by giving the prefer
ence 10 foreign development, 50 as to
extend their monopoly to otle. Ii
tries.
The object of the conference Is to
organize the independent citizens Of
the nation into a political party,
whether a new political o. some po-
litical party, that will make the re-
peal of all special PRIVILEGES, and
more especially in connection with
this the most vital public utility para
mount issue until the conspiracy has
been defeated.
We must stop the further contrac-
ton of money in circulation.
Stop the further demonstration of
gold by decoinage.
Make every dollar coined. OF is
sued by. or being an obligation of,
the government, a full legal tender
for all debts, public and private, in
lieu Of the present indefensible sys-
ten OF issuing a sham, deceptive pre-
tense for money, and which can be
used by the bankers as money, but
not by the people.
Repeal the federal reserve bank act
and all special privileges connected
with the administration of public
utilities.
Provide for a medium Of exchange
that will respond automatically so
demand for use, and to be administer
ed without private profit.
A system that would encourage
home development, and discourage
foteign investments by American
citizens.
We should have a fixed national
policy, that wherever, or whenever,
an American citizen makes an in
vestment abroad, for the develop
ment of a foreign country, in prefer
ence to our own, he should look to
that country for the protection of
that investment.
The conference is timed to meet a
day in advance of the meeting called
by the progressives who refuse to be
traded off by Geo. W. Perkins of the
House of Morgan. 1t is hoped and
believed that these men, now freed
from that control, will be glad to
unite with US in a campaign for the
emancipation Of labor from the power
of money to Cypress.
There is O large element in the pre-
gressive party who refuse to be trad
ed off, and they have called a con
vention for August 5th in Chicago.
My book, now on the press, has
kept me too busy to give as wide a
circulation to the enclosed call as l
would have liked to do.
However the answers received have
been in favor of state action and a
special call is now made for a con.
ference to meet in Sioux Falls not
later than Wednesday, August 2, at
2 o'clock.
There is not time to wait to secure
a place Of meeting, but notice will
be given, or inquiry may be made
Of Senator R. F. Pettigrew.
We would also cordially invite all
progressives who are in sympathy
with the call of the Hon. John M
Parker, nominee for vice president
to meet with us for consultation in
Sioux Falls on August Q.
| know the time is too short to es
pect a large gathering, at this very
busy time, but if you cannot come
Just write me briefly in care the Kai
serhof hotel and your wishes will be
given as careful consideration az
though you were present.
You might also express your pref
erence for delegates to the Chicago
conference if you wish.
Please advise your neighbors ant
friends within reach and get thei.
views, and send in with your own.
Now that all the national conven
tons have been held, it need not b
hard to decide as to the attitude .
each on this vitality important ques
ton. Up to Saturday, let me hea
from you here. after that at siou;
Falls, care Of the Kaiserhof hotel.
i Eaithfr1IIy p0,,rc ,.n{;I 49, ~r:r