The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-04-23
OTHER PEOPLES OPINION
JUGGLING OF THE MONEY
CHANGERS

CHANGERS
To the Editor.-In the issue of
the Long Prairie Leader for April
16, 1886, appears an editorial under
the heading Kicking the Farmer
Around; statement of the talk
of Tax Commissioner Gage to the
Assessors; some figures to show
where the wealth of the country is,
furnished by Congressman Harold
Knutson; a communication by VIM.
Rodman, Republican County Chair
man, of Todd County; and a COM
munication from Mr.. Lewis o. An
derson, Of Osakis, MINI.
I shall try to make some COM
ments on the above articles and as
Mr.. Anderson's communication is
the most vital shall take up his
article first, and the others later.
Mr.. Anderson attacks Rev FIR.
Coughlin's stand for Government
Control of money and banking, as
being Communistic and Socialist
ic. Now do not hold any brief for
FIR. Coughlin but as this very idea
that Mr.. Anderson attacks is the
underlying principals of The Farm
er-Labor Party of Minnesota and
of all progressive groups the
country over 1 shall attempt to
show why it Is not socialistic and
Communistic.
First, as to Money and banking:
Now I will not claim that Mr.. An
derson intends to repudiate the
Constitution of the United States
because 1t Is socialistic as all DEM
ocratic Forms of Government as
contrasted to the old Divine Rights
of Kings, and that cry of social
ism was first heard when on June
10th, 1915, the English people
wrested from King John the Mag
ma Carta at Runnimede. And I
presume now that some of the Civ
ilized people as defined by Mr..
Morgan and AL. Smith will say that
the Federal Constitution is a So
cialistic document.
In Article I. Section 8 of the Con-
stitution under the powers grant
ed to the Congress of the United
States we find among other pro-
visions the power
ITO regulate commerce with for
eign nations and among the sever
al states, and with the Indian
tribes"
ITO coin money and regulate the
value thereof, and of foreign
COIN"
In the Colonial days the regula-
ton of commerce was made in
England and made so that each
colony had to buy and sell every
thing through England only, not
even allowed to deal with their
neighboring colonies or the Indian
tribes, and all money was made
and came from England and it's
value fixed there as well as the
price on goods shipped here or sold
here. And these two regulations
more than anything else brought
on the American Revolution and
the establishment of the United
States.
1.-THE Boston Tea Party" was the
starter.
Some will argue that the right
to coin money is all that the gov
eminent Is authorized to do and
not to issue paper money, even so,
there was no such thing as paper
money at the time and the lang
uage of the Constitution is "coin,"
but 1t goes further to define what
is money or what it shall be made
of. But, be that as it may, The
Government has the right to make
money and it has the right to reg
ulate its value and it has the right
to pledge it's credit. But the fact
of it is, that today we have devel-
oped that right to issue money and
manipulate it to private corpora
tions known as Federal Reserve
Banks with stock ownership all
over the world, a large percentage
of which is held by the civilized"
in Wall Street in New York and
in Lombard Street in London. To
come to a point our Government
according to the Constitution
should have it's seat on that spot
ten miles square known as the
District of Columbia but is vir-
tually in New York and London,
for the party that controls the
purse is the Government now, I'M
der whatsoever name it is known.
And today fully as much as it
was in ITS the government Of this
country Is in the hands of the
money changers in Lombard Street
in London, England, and their
brethren in Wall Street. New York.
Yes, even the price of the flour
that goes into your breakfast
cakes is controlled in London; ev-
cry radio listener has heard the
announcement of the station