Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1934-04-05
CAUSES OF DEPRESSION
ditor Askov American:

Editor Askov American:
Will you allow me just little
space in your paper to either answer
or ask few questions. l saw your
report of the sudden death of John A
Simpson, the National Farmers Union
president, and l think it does fine as
to giving him justice, the best article
have seen reporting his death. II
so happens that l am Farmers
Union member and have met Mr.
Simpson. his wife and family, or al
least some of the children who are
now grown up and in public life.
You speak of his leadership being
fearless, etc, and also mention his
radio speeches, but you did not say
that in his speech the fourth Satur-
day of February, 1884, he said that
the bond racket was the greatest OF
all rackets, almost equal to or ahead
of the money issuing racket and these
two were the cause of our depression
Now, / also read the article of An
thony E. Kanis, of Sturgeon Lake in
the same paper and l believe he is
either leading up to facts or else has
been getting near to them. If he is
aware of the facts why does he not
come out with them? We know that
many of our friends have had the use
of many of our local papers in regard
to the game warden business and Sc
on, and if the bond racket and the
money issuing racket were put before
the people intelligently and let the
people decide, all will be well, as U.
S. Senator Jonathan Bovine, Jr., OF
the State of Oregon, said, the "com-
mon people" are not only intelligent
but honest and fair. He made that
statement on the 9Th of May, 1910
"a years ago this 5th of May, and we
have just gone through one of the
greatest struggles our nation ever
knew, when we licked the Wall Street
bunch and got our nation started on
the way to permanent prosperity. But
the only way to keep it there is to get
busy and put out our energy to the
main issues and just draw the blanket
aside and oh! Behold how we will be
In the words of Ella
Wheeler Wilcox, Demand great men
and great men will arise to do thy
bidding even as warriors come swift
at the call of bugle and of drum"
Now, it may be possible that An
thony E. Kanis may know the leading
books on the money issuing racket,
and bond racket, but l will mention
some of them for his benefit and
others: ''Spiking the Gold" and
Spike the Bonds" are two books
written by Andrae B. Nordskog,
whose address is 62O51a So. Vermont
Ave., Los Angeles, Calf, also a book
called 'The Book" by w. H. Harvey
OF Rogers, Ark; also P. A. Spain, d.
NJ, Paris, Tex, also ]. S. Coxey, ST.,
Ohio. There are many,
many others, but these happen to be
the ones l am most familiar with.
think it is not out of place here
to state that the charter of the Bank
of the United States was granted in
1871 running 20 years. 1t was OPP
posed by our Attorney General, Edmon
and Thomas Jefferson, Sec
rotary of State at that time, advo-
Gated by Alexander Hamilton and on
Iy passed by small majority. In the
great debate over its passage our men
spoke their minds freely as American
citizens should. We should stand
t0 chn,,1Ior ~,
that it is of very great Importance
whether we have game wardens, ETC.,
or not, but be Americans first and
last
We also find that one of the most
brilliant campaigns was during the
fall of 1882. In 1881 a bill was
brought up to renew the charter of
the United States Bank. Our great
President, Andrew Jackson, vetoed the
bill in a lengthy message to Congress,
which may be found in history, Con-
gress being unable to pass the bill
over his veto, it died natural death.
These are words that were used to
show the meaning of the banking law
Cobra" Hydra" the "Gorgon," the
"Vulture,' the Viper" are the words
used to show the effects that the law
would have on the people. But after
all the abuse Jackson was reelected.
The electoral college vote was 219 to
his opponent. Henry Clay, 40. Now,
after we have witnessed the way peo-
pie have walked out of their homes
through the so-called Federal Reserve
Bank" cannot we take warning and
open our eyes to our real ailments
instead of letting bunch of so-called
self-styled leaders and price-fixers
lead us to our own destruction.
Yours, hoping to lead or head you
into a discussion of what really ails
all of us if this does not reach the
waste basket. l may come again.
Yours, hoping for better conditions
permanently. T. G. M.