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A FOLD CONSPIRACY PLAN OF BANKERS TO DESTROY GREENBACKS. Rank Notes T hat Draw a Double Kate of Interest I* the Kvit»<t of Souml Money Miyiock Wants — Boycott Tlicir Not 4 *H. • ‘a The New York Voice, Aug. 15. Lillie by little it becomes apparent that the a-socialed hankers of thi. country arc gathering their forces for a mighty struggle during the next ses sion of congress. No public proclamation has been Is¬ sued and no brass bands are being em¬ ployed; hut unless all Indications are misleading there is on foot a definite, concerted movement that is likely to change the whole line of battle on the currency question. The piirpoM* of the bankers is this: To Kir Ike with all their power for a law linit shall put out of existence once for all the entire issue of United States notes known as greenbacks. Tiic pica which they will make will be the highly patriotic plea that this action is necessary to rescue the treas¬ ury from its perilous position and 08 - tablish the nation's finances on a firm basis. The plea will be a false one, the pat¬ riotic professions will be delusive, and the result of the action proposed will be a far-reaching disaster whose ulti¬ mate consequences are incalculable. Here are the facts. There are in circulation to-day about $340,000,000 of greenbacks. Those greenbacks repre¬ sent a policy In direct antagonism to the policy underlying the national bank system, and they have from the beginning been regarded by the bank¬ ers with hostile eyes. They insisted on their retirement as part of the plan of resumption twenty years ago, and this retirement was actually begun. So im¬ mediate and stern was the popular pro¬ test, however, that that provision of the law was repealed and the greenbacks preserved as a part of the national cur¬ rency. From that, day to this the bank¬ ers have sulkily watched for their op¬ portunity and they think they have It now. Whether they have it or not they cannot safely wait any longer, The national bankers’ convention held a few weeks ago took steps to urge upon con¬ gress the retirement of the greenbacks. The journals that best represent the thought of the organization ltave been for six months with infinite tact and «kill, testing the public temper on the subject. The public lins not taken alarm. The time seems auspicious, The plans have been consummated, The bill is already bring prepared for effecting the desired end. What is the motive behind all this? The ostensible motive is this: The greenbacks areexchangeableondemand at the United States treasury for gold. They are the vehicle by means of which the gold reserve has been taken out of tlte treasury.. Gil the .face oljpaffAk * they are to blame for the treasury's re¬ cent troubles. What more plausible, therefore, than to Bay, as the bankers do, that the real remedy is to retire these greenbacks as fast as redeemed, destroying them at once instead of re¬ issuing them and thus putting a stop to tho “endless chain of buckets” that is carrying away our gold? This is the argument. It is plausible, 1s it sound or sincere? No. On the contrary it is impossible, when one Is acquainted with the facts, either to believe that die proposed ac lion will remedy matters or to believe that the bankers believe it will. In the first place the greenbacks have not caused the treasury’s troubles, for they have circulated for twenty years wiihout trouble of any kind, and eondi lions, so far as they are concerned, are the same now as heretofore. The gold drawn from the treasury has been drawn for export. Destroying the green backs would not destroy the demand for gohl ,, for . export . render . it .. nor any more difficult , to obtain It. .. „„ The situation . would ' ,, be , ns Matthew ,, ... Marshall, ,, , ,, . t e financial , . writer .. of , the Sun, says t ’ "If the legal , . tenders , were retired , all ,, debts , , including , , bank deposits would ,, , become really ,, payable in gold, thougn ' nominally in silver also. The exporter of . gold ,, would demand it from f the ... banks , and ... the . banks , would have either ... , t0 pay it or to refuse to pay it. lf they paid it the country , would ,, lose , ,, the gold just , . the same as it is losing it ,, now, and , if they refused to pay it we „ should , ,, come to the suspension of gold payments, to avoid which we have for the last two rears made such strenuous efforts.” ' The treasurer now re-issues the greenbacks in payment of govern mental expenses. If he is. instead of that, to destroy them, he must par those expenses in some other way. If he must receive greenbacks but can not any longer pay out greenbacks, it is as evident as that two and two make four, that the treasury instead of being relieved will be still more greatly embarrassed, and more in need of help than ever. No; the associated bankers are not proposing this action for the relief of the treasury or the relief of the eoun try. Their ostensible motive is not their real motive, It is impossible to believe that It is. What then Is their real motive? Listen. With the greenbacks out of the there will be no longer any reason for the treasury’s keeping a gold reserve. It will, as a matter of course, gradually disappear as the greenbacks are re tired. When that event occurs, the banks will be the only place to which any one can go to get gold. The entire circulation of the country will lx wM d upon gold, but the banks will have a complete monopoly in the matter of supplying gold, barring alone the slow production of the mines Th government itself will have to look to the bank# whan It wants gold with which to pay the interest on its bonds. This is part of the reason for the pro¬ ject of the bankers. Another and similar reason is that the greenbacks are a constant object lesson to the people that the govern¬ ment itself can supply a safe, sound, and convenient currency as well as the banks. The greenback is a constant threat to the bank-note, And now, when the bonds on which the batik note issue is bated are near maturity, <hc whole bank-note system Is near an f nd. unlf f. . th° $.140,000,000 of green hacks can be forced out of existence, leaving a vacuum that must be filled by something else. This is why the banks cannot wait any longer. This is why they have seized the present pretext so promptly. This is why, as we more than suspect, they propose to keep us on the ragged edge of another financial panic until congress is fright f ' necl int0 the retirement of greenbacks. >’’or it must not be overlooked that if the Belmont-Morgan-Rothschilds syn¬ dicate lias been able, as so eulogistic ally described by the editor of Brad street's in the current issue of the Re¬ view of Reviews, “to suspend the opera lion or the laws of trade,” to compel “financial interests of other govern¬ ments” “to await on the requirements of the treasury of the United States,” to force the ordinary broker into "re¬ fusing to export gold when such a transaction offers him a profit,”—if it lias been able to do that in one case it can do it in another, and if this year ft brings the tide of gold one way be¬ cause paid to do so, the next year it can turn the tide the other way if it wants to force action by congress that will complete the money monopoly of the banks. The financial crisis that will soon confront us is whether the entire con¬ trol of the currency system of the na¬ tion shall be handed over to a small and select class. The crisis is urgent, the importance of the principles in¬ volved, tremendous. CURRENCY QUESTION DEAD. Ohio Iof tl»o Two Old Parties Will Make Olflrw tlm Only iMHiie. it is thought that the contest be¬ tween these old leaders in Ohio will overshadow the currency question and other issues. There is so little differ¬ ence between the republican and demo¬ cratic platforms on silver that the cur¬ rency question is now believed to be disposed of in Ohio, but the tariff will lie kept prominent, ns the parties dif fer widely on that issue, and Governor Campbell is expected to arraign the republican stalo administration of ihe past four years as severely as he did in the previous campaigns.—-Press I)is patch. It's nothing but a question of which of the Ohio "leaders” shall have the offices. Their platforms are the same. Neither of them has any principles ex¬ cept. what John Sherman can indorse. Had to make the platforms the same, > that they could swap easier. It is Brice’s turn to be elected to the senate, and the republicans will sup¬ port him to get the support of his party ior a republican governor. Even swap and nobody cheated but the people who don’t know the differ¬ ence between party and principle. But the currency question is not set tied i u Ohio. Coxey is going to have a hand in that scuffle and don’t you for get it. The only thing a sensible and patrl otic silver democrat or republican of (hat slate can do to help the cause lie advocates is to vote the populist ticket, and help defeat both old parties. whv r it'easy lf mnn lh inks work to flRht !lRalnsl b , B 0lld8 , to obJect against R , ,, c wronR . dolng . t0 .. k j ck - in8t oW ., )arty corruption, to attack a tllnc ,_ honoml system 0 f injustice, let hjm , „ awhlle Some 0 ___ of „ our , easy-going, , don , t-be-in- , a-hurry, , can ,, t-do-much , . populist friends . . , seem , to ,, think , . ,, that , .. the writing of . a page ° of ,, reform , editorial ... . , is . phre fun, and . a job ■ . that can be finished . , almost . , any morning before breakfast. Our ... republican „ ... and , democratic , iriends doubtless wonder , what . . in . the , world ,, can possess men who , persist 1 . . m a political ‘ , course that .... . lias neither office, popularity . nor big pocket . money in p i he fact , . , is we . hate . wrong; we hate , injustice; ... we . hate . cruelty; „ we . hate . op pression; . we liate , .. the tyranny of „ the , nu ’” e> " 0 P ropose t0 Uu ' w ™ n g so , lonc as we l ' nn u ' ,llft , » hami " e h °P e ' t0 have c ° urage ’ l!a - v after da >'- t0 strike i:0 !' tlmial,y at the foes of l he l,e0I,1 °- 11 “ av be " b, f, ness ' , u 1!la v not - , b f po,lc >’> U may not bo pract ‘ cal po, ‘ even t0 do such , work - but U is ^ ' ' Somoho ' v wo clin f t0 ,he idea that !t . orth whi,e to b the ri ht ‘ s v ' ? ,n « • om «‘ People d°n t think so. ~ director, l et Them Dare. Let the Cleveland gang dare issue more bonds and there will be a revo¬ lution sure enough. The patient ass ;U length bends with his burden, the tlnal leather breaks the camel's back. and the hunted hind goes to the water once too often. The people of this country are long suffering and wonder fully complacent under misgoverament that would cause war anywhere else but there surely is a point where they will rebel, Certainly they will draw the line somewhere and the resale ol this already disgraced country to the greedy Jew syndicate will certainly prove the jumping-off place. If not if our people are so debauched, so lost to all sense of shame, to say nothing of open robbery of their resources, then indeed have they sunk to the level oi Asiatic serfs and become fit food for tyrant* to feed on.—Nonconformist. ~~z~ — -- z. ikcJ. hurrah -’Hi to« TH* Sr?- r MOHINTtHtST . J BOND! m the Bono ' WHICH MAKfS ■V.V US FRE.I !! e=i -j -J;; , -- jjk' 'M # lit >. Til * Ir/MM LI mm m K m Him mfMm iijMf iff Sr* r - IS,, 4 ■ImI U MT , Jt ^§4 .* r*~tz-.’rz -z * 11 • t , j [AM ififcll; ■, • £VVfliA/VO m M s m3 ‘(III »# Ilk I gu m IPS Jl| M. l l IIIl> '’S** WJ ..... * > • V J W ijtr T — L . ....... , HAPPY* -A _ SSSltl /A/rc *cuii£:y -~-rL~z£* tcE2 WHAT THE NON-INTEREST BOND WILL DO. KEEPING OUR CREDIT. * FARMED OUT TO A SYNDICATE OF BANKERS. A Case of the Wolves Guarding the I.amljs—And They Talk of Cleveland for a Third Term—From^a Gold Pa per. i Fellow countrymen, read the follow¬ ing. It comes from the editorial col¬ umns of the San Francisco Chronicle: Wall street, the money power as an organized influence, if not, indeed, an organic body, is aiming at nothing short of the absolute domination and control of the finances of the national govern¬ ment. If anything were needed to con¬ vince the country of this fact the stu¬ died efforts that are now being made to defend and justify the infamous con¬ tract with the Rothschilds-Morgan syn¬ dicate and to laud the money kings who compose the syndicate as national ben¬ efactors, the fulsome articles and state¬ ments that are now appearing simultan¬ eously in the magazines and papers' of the country ought to satisfy any intel¬ ligent American that the Shyloeks who hold the governments of Europe in their hands are seeking to get a firm grasp upon the United States. There is certainly something signifi¬ cant in the sudden aotivij^ of the pen servants of the syntftfcai la the Re¬ view of Reviews for July there is an ar¬ ticle by the editor of Bradstreet's writ¬ ten for the confessed purpose of show¬ ing that if it had not been for the gold purchase contract the credit of the gov¬ ernment would have been wrecked, and that the American people are, therefore, beholden to the syndicate for having “protected the treasury.” Protected the treasury from what, from whom? Why, it was these same money sharks and their associates who were draining the treasury of gold for the very purpose of forcing another issue of bonds. The portraits of the American mem¬ bers of the syndicate are given in the article and they are spoken of, as al¬ ready said, as national benefactors. There is also the picture of Lawyer Stetson of New York, the former law partner of the president, “who drew up the contract.” But there is no mention in the article of the onerous and in¬ famous terms and conditions of the deal which netted the syndicate some $10, 000,000. Protectors of the treasury! Benefactors of the nation! Why, the members of this syndicate are the mon¬ umental Shyloeks of the age. It will only be a few months when congress will meet and when the out¬ rageous affair will be or should be in¬ vestigated to the bottom. It is more than likely that the articles that are now appearing, of which the one just mentioned is only an example, are put forth for the purpose of forestalling the action of congress. A. B. Hepburn, a New York banker who served in some capacity under the first Cleveland administration and who is always at the front in defense of the gold ring, has an article in the Forum for August entitled "The Bond Syndi¬ cate: Its Excellent Work.” He also goes to the fullest extent in sustaining the expediency and honesty of the con¬ tract. Then again here is the latest weekly “special” circular from the banking house of Henry Clews & Co. Mr. Clews is a very inconsistent finan¬ cier, and there are strong indications in his circular that he has not been forgot¬ ten by the syndicate. He, too, speaks of the incalculably valuable services rendered by the syndicate in “protect lng”the treasury. He even suggests that “the members of the syndicate will yet find the means of guarding the treas¬ ury by some permanent form of protec tion.” It is difficult to find words to express the sense of shame that should fill the minds of patriotic Americans who read such language. Not only that, but thoughtful men ought to feel anxiety for the future when such assertions are made and are not reproved on all sides, Has it come to pass that the credit of the United States is dependent upon a particular ring of monev lenders, mort ev sharks? The “editor of Bradstreet’s” is fol¬ lowing up his service to the syndicate by his weekly articles. A week ago he asserted in a long editorial that there is no doubt that the syndicate will “maintain” the treasury gold reserve, and in the issue of last Saturday, as telegraphed to the financial columns of the Chronicle, the paper asserted with much vehemence that nothing had oc¬ curred, particularly in the recent ship¬ ments of gold, to “shake confidence in the ability of the Belmont-Morgan syn¬ dicate to protect the treasury.” It is high time that the American peo¬ ple should wake up to the danger and the disgrace of the state of affairs indi¬ cated by the line of defense marked out by the syndicate in anticipation of the meeting of congress. ANARCHY AND SOCIALISM. Are Not the Same, but Exact Opposites of Each Other. The populists are indiscriminately called “socialists” and “anarchists,” as if those terms meant the same and were both terms of reproach. We give the definitions in parallel: WEBSTER’S DICTIONARY, 1893. SOCIALISM — A ANARCHY—Ab theory or system of sence of govern pocial reform which ment; the state of fontempl ates a society where there complete recon- is no law or su Struetion of society, preme power; a fvith a more just state of lawless and equitable dis-ness; political con¬ tribution of prop- fusion, prty and labor. Populists are all directly opposed to anarchy. And as to socialism, in its ideal condi¬ tion, it would be a realization of the millennium. We are not opposed to socialism—yet as a practical solution of present day problems, concerning a people who av¬ erage considerably lower than the an¬ gels, we are somewhat inclined to pro¬ nounce socialism too far in the future. There are many bold practical prob¬ lems that will have to be settled under our present system for the benefit of the people now on earth. The reforms of this age may help the next generation to attempt greater ones. But something has got to be done right now. As our illustrious (or notorious) pres¬ ident has said, “It is a condition and not a theory” confronting the American people. We must deal with actual people and practical questions until the ideal peo¬ ple are created and the theories of so¬ cialism become practical. The Declaration of Independence and the Omaha platform contain probably as much socialism as will be realized within the next hundred years. However, if the whole world should be converted to practical Christianity sooner than that, thus rendering so¬ cialism possible, so much the better. “Indlrektly Direkt.” A feller out in Pencilvany haz rit me a long leter wantin’ to kno what I think uv the inkum tacks decishun uv the Supreem Kort. This iz a politikel questshun and I don’t mutch like to un dertaik to anser it. But I will thro mi overkote around mi kontempt, so the kort won’t notis it, and anser it tu the best of mi nollege and ability, It semes that the tacks wuz nocked out becos It wuz direkt. Uv korse enny boddy knoze that haint so, but to saiv miself frum goin’ tu jail fur kontempt uv kort, I am willin’ tu acknolledj that it ma be indircktly direkt, and this iz no doubt what the kort ment when it sed it wuz direkt. Or it mite hav bin direktly indirekt. We kant sa whitch wa the kort intended tu deside. Agin, the law as it stood wuz aimed direktly at the men whoo maid the most munny. Purhaps this wuz the “direkt” whitch sustaned the kort in its desishun. Agin, it got after the direktors ov trusts and ralerode korporashuns an’ sich like. In this it wuz a littel direkt. Then agin it maid the ritch men pa tackses direkt intu the treshury. and tha had tu du it Girektly, not after a while, Then tha had to go direkt to thair pocketbooks tu git the munny tu du it. On the hole we kin see now that the kort wuz rite in its desishun. hecoz it wuz tu direkt aul round, and we don t think we ort tu be fined fur expressin - our opinvun.—Tobe Spilkins in Mor gan’s Buzz Saw. The bankers in this country steal $25, <300,000 a year unlawfully: yet they have the gall to raise the cry that their notes are honest. PENNSYLVANIA REPUBLICANS. Declare Themselves Opposed to Free Coinage of Silver. In the Pennsylvania republican con¬ vention Congressman Dalzell, discuss¬ ing the money plank in the platform, said: “There is not an industry that does not demand the maintenance of sound money, and by sound money I mean money good at par in any market in the civilized world. An impression has gone abroad that there is a free silver party in Pennsylvania, and that that party is republican. Hence, in my judgment, there is a crying neces¬ sity for the republican party in Penn¬ sylvania in this convention assembled to declare itself unequivocally against the free and unlimited coinage of sil¬ ver at any other ratio than that fixed by international agreement, There are thousands of republicans west of the Mississippi who claim that the re¬ publican platform as adopted at Min¬ neapolis means the free and unlimited coinage of silver. I want to get rid of that impression. In order that there may be no straddling, and in order that no man can stand up and say Pennsyl¬ vania republicans are seeking to catch votes by straddling the free silver ques¬ tion, add to your platform that the re¬ publican party of Pennsylvania de¬ clares it is opposed to the free and un¬ limited coinage of silver in any other ratio than that fixed by internatonal agreement.” Daft The convention complied with zell’s command by adding to it meaning¬ less jumble of tangled relative and parenthetical phrases the declaration of its “opposition to the debasement of the national currency by the admis¬ sion of silver to free and unlimited coinage at the arbitrary ratio of 16 to 1.” The first part of the money plank adopted is the same old double-back action flip-flap Grover Cleveland has been performing: “We accept unre servedly the determination enunciated by the republican national convention of 1892 that we demand the use of both gold and silver money with such re strictions and under such provisions to be determined by legislation as will se cure the maintenance of the parity of values of the two metals so that the purchasing and debt-paying power of the dollar whether of silver, gold or paper shall at all times he equally faithful to the republican party.” They want money that is “faithful to the republican party.” Money is what controls the republic¬ an party—and it wouldn’t be good pol¬ itics to have money in this country’ that was faithful to all the people. Sounds funny, don’t it? The Globe-Democrat, leading west ern republican paper, says: “The money’ plank shows that the Pennsy’l vania republicans are in line with their party all over the country on that is sue » They are in line with the party, in line with Cleveland and Sherman, in line with England and Wall street. Of course money will be “faithful to the republican party.” SU J P Keir‘ Hardle,* who com^ over here from London to teach socialism, is the kind of man who should be wel¬ comed with hospitable hands to a real¬ ization of the fact that his room is more desirable than his company’.— Globe-Democrat. Suppose it were the Prince of Wales coming over to cut a swell in society and teach Anglo-mania to the cane¬ sucking apes of the “Four Hundred.” Then such cringing, sycophantic, yel low-dog papers as the Globe would pub¬ lish long columns of gush about how the prince trimmed his finger nails, how his clothes fit, where he had his washing done, what time he got up of mornings, and what time he went to bed. They would describe the elegant suite of rooms where he slept, give pic¬ tures of them “by our special artist,” furnish a diagram of the table at which he dined as an “honored guest” of Money King So-and-So, showing where the prince sat, and detail the babbling . 0 e W!E - soa e wors ipers o roy alt - v in response to such toasts as “Long live the queen. Scat! The plutocrats are heaping coals of fire on their own heads. “CIRCLE OF TRUTH.” "POVERTY CAUSES INTEMPER¬ ANCE” SAYS MISS WILLARD. Opinion of the Great Temperance Ad¬ vocate— Miss Willard Recoffolzing the Root of the Great Evil of Drunken¬ ness at East. Milwaukee Advance: At the great St. Louis conference of labor and re¬ form organizations where the organiza¬ tion was affected that resulted in the Omaha convention, Miss Frances Wil¬ lard was an honored guest and by courtesy was made a member of the committee on resolutions. This com mittea was very large, having more than 100 members, and a very strong fight was made by Miss Willard and other prohibitionists in favor of plac¬ ing a prohibition plank in the platform. The light lasted from 11 o’clock p. m. until about 3 o’clock in the morning, and the principal contestants were Mi3S Willard on one side and Robert Schill¬ ing on the other. The latter held that prohibition was not only a violation of personal liberty but impracticable and that it could not be enforced as long as poverty drove people to drink. His argument was that people well fed and well educated needed no prohibition and that drunkenness was the result of misery and destitution. Miss Willard seems to have adopted this view now. We find the following sentence quoted in the Representative, Ignatius Donnelly’s paper: We used to say intemperance was the cause of poverty. Now we have com¬ pleted the circle of truth by saying poverty causes intemperauce, and the under-paid, under-sheltered, wage¬ earning teetotaler deserves a thousand times more credit than the teeetotaler who is well paid, well fed and well sheltered. In the slums they drink to forget. We should make life some¬ thing they would gladly remember; so would you. Our objects are the same. Let us clasp hands in the unity of spirit and the bond of peace. All honor to Miss Willard. If every one of our prohibition friends would take the same position, a union of re¬ form forces would be easily accom¬ plished. CLEVELAND AND HIS CUCKOOS. Are Managing Democratic Conventions This Year. In an interview Gen. Thurman of Ohio says: “During Cleveland’s first administra¬ tion an order was issued forbidding fed¬ eral office-holders from taking part in the convention, yet this year in Ken¬ tucky every revenue collector, every postmaster and every whisky gauger was turned loose on the state to help Carlisle. Only last year Cleveland worked tcoth and toe nail against Gor¬ man and Brice, yet now he turns about and drums every federal office-holder into the Brice ranks. The democratic party gave these men their offices.” And so it has been at all the demo¬ cratic conventions throughout the coun¬ try. The president orders his pie-eat¬ ers to go and work for an English finan¬ cial system under threat of being “sum¬ marily dealt with” unless they obey. The democrats who have threatened to leave the party fall in line from habit and everything’s lovely. A COMPARISON. Money Is Money, No Difference Where Yon Find It. No railroad in Mexico has gone into the hands of a receiver during the pan ic, while one-third of American man aged railroads are by the courts. Which country has good money and which bad money? Japan, which is on a silver basis, is building more factories than England and the United States put to¬ gether, and her commerce is being ex¬ tended over the globe, while every gold standard country is diminishing in wealth. Which has good money? Ja¬ pan or England? The goldites call money good which makes hard times, and they call money bad which makes good times.—Silver Knight. A Goldbuff Blunder. The goldbug papers,in their suddenly developed derision for the Horr-Har vey debate, are charging that it was a mere money-making scheme to sell books for Mr. Harvey. Since they challenged Harvey themselves and went to New York after Horr and brought him to Mr. Harvey’s home, Chicago, it seems a little strange that they should go so far out of their way and do so much to further the sale of Mr. Harvey’s books. And now, to cap the climaX ’ COmes a p « bl ’’ cation ° £ an assignment by Mr. Harvey of all prof¬ its from the sale of the book containing the debate to the silver committee, to be used iu promoting the cause. These goldbugs had as well come down off their perch and confess that they have blundered and made a bad bargain. Eternal Punishment. Justice is not mathematical. A tramp in Alameda county who stole twenty five cents worth of property was sent to jail for fifteen years. In that county there is an office-holder who is $11,000 short, and this leads a man to figure out that the said office-holder should serve 22,000 years in jail.—Record. Why not say for eternity and call the jail by its proper name? If you had a mule and it was balky and would not serve you, what would you do with it? Mould you keep It? Of course you wouldn’t. You would get rid of it as soon as possible. If you had a neighbor that had lied to you about the same things for twenty years, would you believe him any longer? Of course you wouldn’t. Well, why don't you exercise the same amount of sens* voting? Say, are you a political chump?