The herald and news. [volume] (Newberry S.C.) 1903-1937, 1921-12-23
SEEKING TO SECURE
SOME HONEST MONEY
The National Honest Money Associa-
tion Organized in Washington
Branch To Be Established

Mr.. Joseph L. Keitt attended a
conference in Washington last week
at the invitation of Senator Ladd of
North Dakota and called by him to
consider bill which has been intro
duced in the senate by Mr.. Ladd look
ing to a revision of the monetary sys-
tenn of this country, and as Mr.. keltt
expresses it, to get back to the con-
stitution of the United States and to
require congress to enact laws that
will place our monetary system on
basis established by the constitution
itself and to take it out of the hands
of the money power which is dominat-
ed by few rich men in this country.
Mr.. Keitt returned on Saturday
night and he says that there were rep
resentatives there from all sections
of the country and that there was
fine meeting. Mr.. B. Harris was the
only other representative from this
state at the conference.
Mr.. Keitt in taking to represen-
tative of The Herald and News IN
reference to the conference said 1t
was called for the purpose of arouslng
interest in the Ladd bill now before
congress. The Ladd bill, Mr.. Keitt
says, proposes to get back to the con-
stitution of the United States and to
require congress to enact monetary
laws in accordance with the constitu-
ton. Mr.. Keitt says that congress
has turned over all financial power
of the government to the money trust.
And the deaation which occurred IN
August, 1920, and which we still feel
was directed by the money trust. 1t
has absolute power to bring on a pan
ie at any time it chooses and to de-
stroy the value of all labor and all the
commodities of the entire country.
THE Eadd bill proposes an honest
monetary system which will deal with
the people upon the principle OF
Equal rights to all and special privi-
leges to none 1t proposes that con-
gress alone shall issue the circulating
medium of this country and thereby
dispossess the money trust OF the
power of expanding and contracting
the currency at will and utilizing this
power to destroy the value of all la
Dor and commodities anG absorb the
wealth of the country for its own pri-
vate gain. 1t proposes that the gov
ernment shall loan to the people the
money issued by the government at
a rate of interest not exceeding four
per cent.
'The conference" Mr.. Keitt says,
Launched a non-part;san organiza-
ton, The National Honest Money as
. sociation, with T. Cushing Daniel of
Washington as president. Mr.. Cush-
ing Daniel was in Newberry some time
ago and is one of the biggest and most
unselfsh men in this country and no
better man could have been chosen to
head this movement"
Mr.. Keitt says that Mr.. Daniel is
to be in this state some time now very
soon and he is expected to come to
Newberry and some other places to
address the people. The movement at
the beginning is one Of education and
to inform the people just what the
situation is as to the monetary condi-
tions in this country.
In addition to the president an eX-
ecutive committee was appointed OF
which Mr.. Keitt is a member and
among other members are the follow
ing: Mr.. Macarthur Of North Dakota,
DR.. Alexander of North Carolina, W.
H. Harvey of Arkansas, James Fulton
of PENNSYLVANIA, Charles Edward Rus
sell of Washington, Mrs. Henry Hulst
of Michigan.
The plan is to organize branch
association in each county in each
state in the United States.