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About The Columbia sentinel. (Harlem, Ga.) 1882-1924 | View Entire Issue (June 11, 1923)
Henry Ford, Or The Money Trust — Which? (Continued from Page One.) srmKofnZev-tt , mn „ OM J u lifvJ.lood no-lit If to agriculturl! control the manufactures dangerous and commerce 'wdl lie is there SStl tW i SRiiln man- and Street American in tk •_j t'niif .... p 0 ,..i this 1 ' ' Monev Ouestlon 1 ..... is settled it, ' the ■ right way, it is not worth while to discuss oth¬ er issues. When the people study the Money Ques¬ tion, and when lleurv Ford’s attitude is un derstood hv the American people, the Ford for President boom will cover the Failed States like the dew. Fortunatelv, as colossal i.s is the power of the Monev Trust, the Monev is the easiest of solution of all < l.mume Whv so’ Because its settlement, or mav be. if gone at in the right way, aeeom piished without confiscation, business derange- 1 in-nt. or increased taxation. What, then, do we propose? ask! Tim HeniA Ford plan. Nat irallv, * von ' What is Ford’s plan? Tn brief. Mr. Ford’s plan is Ibis: /„•! 1 hut thr gminiitt, „f mum „ shall steadiln increased mild when?' I XTIL j \ fUtHh IS ,, I.SOl Oil ,n nr Oh 1 rrn J. this country <me> not need more bank v,H ;‘ h are reqmred t-> pay exorbitant . rates c: interest for the privilege ol nsmg a „f long which ex -is only upon tlie pages hanker s hooks. I n- country doe- imed. Mr. Ford points out ... hts weoklv dismsMons ot the Money Question, more cash money, without interest, ford helieves that mterest paying is wrong, Mr. Ford is right; the clrnr ging and collecting of interest on fictitious capital is a colossal crime, and the entire sys¬ it exists, is the blackest perfidy i tem, as now ever enforced by any government in all his¬ | tory. Are . there . for ,, revolutionizing .... aitv reasons 7 ... this svstem t m s; hundreds oi the \erv , best re \ 8 ° n8 ‘ !1 V ,liam I s ,!,,s * ,,e I ,n ' se f iptem requires every Gas- of !» . brow ltselt upon the tender meiw ot the hanker, , , who , ts Hm government s pet, and with out whom business cannot live Bund indeed is the man. tanner or work er, who , can . t see that the less monev i, there is • 111 cirpula , 1011 ni iMoi.ovfrr.n n the ‘le.im.nl i , the rnrnv wilt 1“ "pie be compelled to pay ever once 1 bankers demand tor their money. rp the , eim.-tniit increase ot ... Urn voliuim , ol I nisi ness demands , , corresponding constant- . , • a crease in the ,, supirlv , ot monev ,, the meilium ,- ot exchange, , otherwise . ■ depression , follows, let, m spite ot this , • nat'wal , , law i ot e the business i word the hankers to whom the .,7 government| , - , , - ■ / i n duty 'j'Q accompanying ai 1,11 ‘ "" • ' hat rigid) V~"‘ to regulate ‘i*'V supply ol money, have always striven am are suit strivmg <> emdraet the volume ol real money. Mny ? SimpIv bemuse scarcity; ot real monev increases 11 m importance .and the price, oi fictitious money loaned hv * , hanker to nmiw, man Having usurped ! 4l the nglit to inflate and de late currency the hank> er nilliC is permitted to onion,. Ins and will bring upon tl.c| l - '' an 'Ceatc pauics a *Her to others by contramn.g .be mrreney : and the Money 1 rust, known as the Federal; Reserve System, mav sometimes intentionally cause much distress in localities, as was done by AY. P. G. Harding during his governorship of the Reserve System. i Panics do not hurt the Bankers’ Oligarchy •—never have and never will; it is impossible I | for the buzzard 1 o gorge itself. Describing d 'G flation in England, which was the result of the Gold Standard Conspiracy, Macaulay wrote: “Amid the general gloom and distress, one class prospered the hankers.” learn' , I fear that ninny people will never which that tally mteres three-tour eolh l.s eted ot by the 1 he money hunker, upon | is is absolutely fietdmus. It can t he ha .lied; itj cant i,e sepn: and d wtl. »o‘ creu ate will not. let, this Sir < onan Dovle “monev has precisely the same effect oil prices and values that the same quantity of K Pl.irilms 1 p nlull j I The'United States government publishes « monthly "Pirn,lotion Statement,” giving I the general stock of money , the amount held in the treasury and ihe ■'■Money in , a .I tion”. Uompaiv the figure- found in the Gov eminent's statement of tlm quantity of monev in circulation to the volume of business trams acted in these Failed States for any- one year, and von will find what? Thai more than sev entv-five per cent of Ihe nation's business is conducted, or carried,... hv ; what is known ns i i hank credit”. Wind is *bank credit”? It is fietitimi- .ronov Take the statements, or regular reports of the banks: they si. v that they owe, subject to check, on an average of $27! for every dol¬ lar they claim lo have in their vaults. Their , . . . business; . heir . , jusmess is a papoi 1 money is not coen paper money :it is Sir < onan Doyle j mone N- 1 It needs no argument to show that, if a bank lends more money than it owns, the cess is fictitious. And this is THE COLLTMBIA SENTINEL, THOMSON, GEORGIA. the ease when the amount farmed out exceeds by hundreds of millions of dollars the volume of all the real money in existence. The hulk of fictitious money consists of entries on bank books of alleged deposits of “money” made by customers who had ino mon ‘‘V to deposit. (The customer borrowed from the banker solely because of that fact.) The modus operandi iff: The customer sells his note to the hanker; the bank receives no money *■«.- the seller of this note, and the seller re ceives none from the pui'chaser; the banker re ceives a piece of paper called “note” and the customer receives a slip called and this so-called depositor receives only the light to issue his checks against a fictitious de l )Dsll ot > ,,,raal money. 1 >'6 hanker enjoys Special Privilege on a vast scale, lie not only ma.mtactures Ins own money, a crime for which the private main would be sentenced to the Federal peni tentiory, but lie “lends” the other man’s money and actually charges the poor devil a tor that privilege Mr. .Banker is allowed use with impunity thousands of millions ot unreal money made l.v himself out of paper am ’ r - -Axeinge • atl 1IS l 4 u " tllal partu-ulHr game, and Federal sleuths »re .set on Ins trad; he is caught, tried and contmed m our elegant Federal pens, for a long term ot years ft,r ' akp ,lie oat ? t ‘ ol lu ' Sta,e uf (, ° a, .- ia ’ example: Fertam influences , are asking our L' 00 l ,| i , t " ” 0<h1 bm ' <ls to million . | 1 . dollars. Mills B. Bane, the Xavan-; banker, is organizing a “Securities Com-! .. , , wil| llu doubt , buy our road if issued, just HS he did buv the unma ml At | ailtio railroad “rentals”, -- mi|ljon d()ilars wor1h of Georgia , f u . M jjam ,' 8 liands> ]u . wi ,l tak e 1|r , rnitpd Statps Treasurer, ^ js uirpd , )V thp Fwd(irnl Reserve Bank , , ^ 7 - iniHioil (lo llars of greenbacks. The Mills B. Lane hanks will farm that huge quantity of money out to their customers at Savannah, Macon, Atlanta, and Augusta, and those customers will j. ay Lane 's hanks compound interest for the privilege of using what is, in fact, their own money, fine borrowers deposit their borrowings with the , Bams, et al, ’ who, m turn, farm it out tor the , time, . to other ,, customers, . who , accept , , , deposit slips .' for “loans” mercifully granted „ l(l m on)modalinx Mills B. Lane. The original ■ , • lamed , , score or more ...... ^ monev is over a lin s . nn0 V( „„ Hv the tinK , Georgia's bonds shall ha've matured, ’ Mills B. . l.aue and , Ins confederates .. , , will ... , have collected ,< , . . interest several ... • ot the , . , turn's m less m illioJ1 dol]ars _ This fniit fron , the tree, com K ( . a|]( , (1 o (<() , A Merest” will be sniheomt , to , relive .. the , bonds, , wlucli , • , will •„ , be relunn-d , to , Mr. Lane , hv , the ,, ... treasurer ot the ., • mted States upon the pavment , , bv Lane , ot c nuIJion .... dollars . ot the monev collected, . . as (.) . , . Irom customers who patronize Lane , s , • ot hanks. Mills B. ... Bane & .. Company will “earn several . hundred , , . million . n . dollars, , * the course of twenty Q rears ,’ without j \f ipvostod a siTU?le dn „ n nf tlu ir molle ,, ll0 forsfet8 Amalgamated Copper (W? |n - f) Xow Vork bailk | oaned a few o| . Us myn ^ , e , W entv-five million dollars, wjlh whi( . ]l . rhased Ma.vus Dale’s cop mines, • mV lliev manipulated i 4 i l} the • money per ^ so ,, v ' ]ed * . 1)ank nupport, as to en- 1hpln (f) (|ispo of the >sto( . k of the new (lii | a greater than the amount { u . foa \ h( , ()n , ^ lnou , v with wluch the ; ' ^ mim , 8 n r( . b ]x{ was ( . a lled for. t]ip Stato ()f ( j eor g ia votes 75 million (lo|] ., rs of hollds f or tl)p roads , Mills B. Lane’s . ‘Securities Company” yvill buy those bonds and force the United States Government to print a sufficient quantity of money to satisfy the State of Georgia. That money yvill not cost, Al ills B. Lane a dollar, lie yvill use not only tln> money but the credit of the State of Georgia and the United States, and at the end of twenty years the Lanes yvill he golden ones indeed. While exploiting ft both State and National nmi( , nts ’ (lu , ills ». F anes will shift t)lpil . ow „ tn xps to tllp backs of the farmers and workprs wil0 wiU be reijuired to support tlu> sta , p aild x ati(ma! governments and the >nnki ng svsl(>in8 as yve!,. „„ (, » t „ f an,] , Van,la,B , r , . „ «ie , future „ , said Wl .” 1 Lord .Macaulay. street No; corners danger ot our_ed.es likely ” no is w ; orl ' , . o ‘ 1 1 ,n< ‘„{j' %, 0,ll 1 tl,l “ ^'‘jvr-world, h « B U1 the opposite the tax-rid,led direr ' ,,0, \ As t 11,l ,rnas *'■ ^ . atson said, “I fear no Q'volu ,on 1 mn U \ nr arising . ,s I nun the J «»m poor. Wall The revohi- Street, . x t t ’"‘ P owt * r of in ! ,ney ’ which can throt tie intrinsic y;aluos am] 1 the power of the 1 rust, * hic] ' ( ‘ a !' »*•'»•«ranly assess other men’s .earn am! the power ot the corporation, which !’ au tax 1 l’ lok ) A ,n ' ol every other man’s . these Wall Streeters, if curbed -''^e s no b v « '' evoh ut ,1 !“ people at the ballot box will - work a revolution , yvhioh may never spill a drop of blood, but which will inevitably change, radically and ruinously, the spirit and pur¬ pose of this democratic republic.” Henry F’ord is the only multi-millionaire j n America whose views on the Monev Ques tion are at war with the views of the Money Changers of Wall Street. Every Wall Street journal in all this land, North and South, is to Fiord’s candidacy for President, Every Wall Street politician, in office and out, hates the very name Ford. The two National Buzzards, the Democratic and the Republican Parties, flap their vulture wings in perfect harmony against Henry Ford. Ford is the people’s choice. Ford’s war on the Money Trust is responsible for this wave of Ford sentiment, and unless all signs fail, Henry Ford will be swept into the White House The American people have learned all they care to know in regard to the false doc trines preached by the two old parties. Old specifics have tailed, We need a new doctor; and if the Demo era tie Party is not willing to wash its hands of Wall Streetism and nominate Henry Ford, the Independents—farmers and workers—may come together and launch a people’s move¬ ment. “ Republican” and “Democrat” are merely labels on opposite sides of the same'bottle; the stuff inside this bottle was prepared, or corn pounded, by the same quacks—Mr. Morgan’s Democrat and Mr. Morgan’s Republican. Machine politicians contend that Henry Ford's attitude in regard to the tariff, inter¬ national affairs, and prohibition, etc., is an unknown quantity. The charge may attitude be true, or it may be Question false. IJenry Ford’s on the Money is a KNOWN quantity. I regard that issue as the Aaron’s rod of all issues. Does The League Mean Peace? .Senator William E. Borah, in a speech dubbed by the International bankers’ daily newspapers “Borahing from Within,” tells why the League of Nations does not mean peace. Senator Borah made the following points, and each point is, in my judgment, well taken: i l Every war of invasion, every invasion of territory since the League was created has been by a member of the League. “Every move for disarmament has been opposed by a member of the League. “Every military alliance since the Treaty of Versailles has been initiated and fram¬ ed by a member of the League. “It was a League member which incited Greece to war and then deserted her in her humiliation and defeat. “It was a League member which armed and financed Turkey and brought her back into power. The army which butchered helpless and defenseless women and child dren in that field of carnage in Asia Minor was armed and equipped by a member of the League of Nations. “The Xerb-Croat-Slovone State began war on Albania. Albania appealed to the League, the League evaded the issue, and the war continued between the two mem¬ bers of the League. 4 < The Italian F'ascisti, under D’Annunzio, began war oil and captured Finnic. Italy was a member of the League and of the Council at the time. Italy later expelled D’Annunzio but. kept Finnic. . 1 Greece was a member of the League when she invaded Asia Minor. “Poland, a member of the League invad¬ ed and took Vilna and began war on Lithu nia. Poland, a member of the League, used arms against eastern Galicia. . i Lithunia, a member of the League, by force of arms took Memel from the al¬ lied Powers. i i France, a member of the League, in¬ vaded the Ruhr, and her soldiers are now trampling down children in Germany. “The pledges and covenants of the League have not restrained in the slightest these desperate men who thus play with the life and happiness of millions.” Martin Tabert: Martyr. The Convict Leasing System and the whip¬ ping of prisoners are creatures of man-made layvs. Union Nearly all the States of the American have abolished those brutal systems, and penal institutions are undergoing reform, by both State and National governments. Ex¬ perience has taught our Christian lawmakers that their predecessors, themselves “Chris¬ tians,” had no right to legalize murder, may¬ hem, assault and battery, etc. Therefore, new statutes are being written, and new regulations are The being practised in our jails and prisons. Dakota youth, Martin Tabert, who went to his grave a few months ago—the re¬ sult of whippings administered yv’bile the was serving a sentence in one of Florida’s lumber camps—brought on an investigation which resulted in the enactment of laws against whipping, and according to press re¬ ports, Florida's whole penal system will be reformed. So, the death of young Tabert was the means of starting a great and needed re¬ form. Why is it that, public conscience can’t see and act until some awful crime like the death of Martin Tabert, brings to our very door¬ steps the lawless and soulless acts of so-called lawmakers who precede us? When the Legislatures of the States legal¬ ized coir-iet whipping they should have that Brutal bosses would use that law to ter* rorize unfortunate persons committed to care. The whipping boss is a brute, and the fact that he Is w illing to follow work of that character is the very highest evidence cf 4 man’s soulless make-up. A All honor to Florida for having abolmied the lease system and the whipping boss! i The convict leasing system and the whip ping of convicts ,are authorized by law in other States, South and East. Alabama sells her convicts to mines, where free labor cannot lie employed, because the death toll is so enor¬ mous. An ex-member of Alabama’s Legisla¬ ture is quoted as saying, “Last year, there were nearly twice as many accidental deaths of convicts in the mines as were claimed in the whole State convict system by pneumonia and tuberculosis combined.” Alabama can’t close her eyes to that indictment. Tennessee, too, must follow the example of her sister States, and abolish her “contract” system. And there is Connecticut—think of it! The State of Connecticut permits wardens to “whip moderately, not exceeding ten stripes for any one offertse.” That very law is itself a confession that whipping bosses are brutal and can’t, be trusted. The law of Florida, which was responsible for Tabert’s death, limited the warden’s power to 15 “stripes”, yet Tabert was beaten to death. Connecticut newspapers denounced the State of Florida for permitting whipping bosses to murder prisoners, yet Connecticut herself legalizes the same practice. must The whipping Boss go! In France, the Public Executioner is an outlaw; he can’t mix with society, his wife and children can’t mingle with other wives and children; and the Executioner is stripped clean of every civil right. The American Whipping Boss should be looked upon in the same light. New York Secedes . It is secession. You can’t give it any other name, no matter how many high-sound¬ ing words are used by propagandists hired by the rich bootleggers and their allies. Governor Smith’s approval of New York’s nullification of Federal prohibition strikes at the very root of Constitutional government. New York State cannot stay inside the Union for one purpose, and outside that fed¬ eration for a different purpose. New York can’t stand half-Union and half-independent. She can’t divide her allegiance. Governor Smith himself, as an individual, may continue his half allegiance to this Gov¬ ernment and the other half to the Italian Pope; but the great State of New York must either a ept the Federal will, or reject it. Temporarily, the Democratic politicians of that State have placed their They great common¬ sold her wealth in an ugly light. have honor and glory to rum-runners and Hierarchy cut-throats. Tammany Hall has United grown larger than the Constitution of the States. Little “Al” Smith thinks himself bigger than our Baptist President. Governor “Al” Smith will sorely need new breeches--before very long. Maybe Mur¬ phy of Tammany will -give Governor “Al” a pair of needs the Holy chemise. Father’s Who breeches; or may¬ be “Al” a can tellf At any rate, “Al” Smith’s bid for the Solid Soutti need cause no alarm. The State Rights issue was fought out, and settled, du¬ ring the Sixties. The South will remain inside the American Union. State Rights no longer lead our voters, twoffhirds of whom favor Federal Prohibition. The Pappycrats of Tammany Hall are not ■ the whole Democratic Party. No; not by a jug full: we still have Bryan, and Upshaw.* Read Governor Pinchot’s statement: ■ si 1 1 Whatever any other State has done or '! may do, Pennsylvania will stand by the ! j Constitution and laws of the United States. Pennsylvania not only will maintain her strengthened partnership with it and Uncle Sam, but has j proposes live loyally, partnership. steadily and confidently to up to* ^he ' • . . As for tliis administration, in a recent Memorial Day address at Gettysburg I said ‘we propose, God helping us, to use every power inherent in this Common¬ wealth to assert and vindicate our loyalty to the Constitution of the United States and to crush as it deserves to he crushed the whole base and unworthy effort of the pleasure seekers and the profit seekers to bring contempt upon the laws and the in st it at ions which make us prosperous and make us free.’ “I repeat that now. Gov. Smith’s ac t ion will have two results. It will encour- j age every bootlegger and every red and J ' no amount of hair splitting will alter the fact. It will make every loyal American doubly determined to see that the Consti¬ tution and laws of the Union are respected, The law abiding people of this nation » are taking control. Gov. Smith’s action • undoubtedly will draw the lines more clear- j ly and hasten our final victory.” " GROVER C. EDMONDSON, Attorney at Law Will engage in general practice of law in Geor¬ gia Courts—State and Federal. - Office and Residence No. 219 Lumpkin St., Thomson. Georgia. FA
