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Show " LIVING Warren Fosters VOL. 3. SALT LAKE CITY, UTAH, FRIDAY, DECEMBER 3. 1897. Paper. Successor to THE INTER-MOUNTAI- si V' V ADVOCATE. N NO. 4 iru ALL PAPER MONEY NOT IfthU number is on the label Secretary of the Treasurer gold dollars 000,000 of them issued. , John Sherman was lour name, you'd better renew mighty quirk, ae that ia tlia These were happy and Grover Cleveland raked in the payable to bearer on demand. number of tlie nest issue. No paiiec be sent for s longer time than Considerable confusion exists in the minds issued only as a matter of convenience. shekels in pompous, style. The paid for, nor on credit,willesoept by epeciel arrangement. of the public regarding what constitutes a There are but few of them in circulation, Morgans made their . millions and divided their spoils with Carlisle, and the people are THAT PESTERIFEROUS POSTAGE greenback. The idea seems to have gained hence are seldom seen even in banks. is certifiThere back of left the to foot the bills. The endless chain is all is that nothing gold currency greenback. paper money STAMP. cates the for was that Such is not the case. There are five kinds still intact and can be started at any time the gold except deposited Did you know that the government has them and the power of the United States thieves think it safe to do so. The Sherman of paper money in circulation: refused to redeem its own postage stamps in CO United States treasury notes, called treasury vaults to protect its stores of gold law, having accomplished the end for which from invasion. Should some greater power its framer created it, has been repealed; but gold or any other kind of money? Aye, greenbacks. National bank notes. (2) overcome the treasury department and rob it therf are yet $346,000,000 of the greenbacks worse than that; it wont even exchange . (3) Gold certificates. of its gold there would be nothing back of out,and the gang is after them. It is a debt other postage stamps for them. The facts (4) Silver certificates. the gold certificate at all, and it would be a whii draws no interest and it haunts the are that it looks as though the postoffice (5) Sherman notes. is getting most damnable stuck-u- p The real greenbacks that class of money worthless piece of paper. The credit of the pilldjys of the gang so they cannot rest department and independent. A few days one of our referred to at all times in these columns as government is not back of the gold certifi- nights. They want them destroyed and the friends sent us a dollars such are plain notes or promises to pay, cate at all. The greenbacks are mortgages issuing of all paper money turned over to many admiring worth of nice, new, dean, issued by the general government. They can on the gold that redeems the gold certificates. the banks. Congress will be asked to do this postage stamps in payment be known by the wording on their face, The silver certificate is ju&t the same as the when McKinley speaks. in his forthcoming of his subscription. Being in the postoffice which reads: The United States of Amer- gold certificate, except that it reads: This message; and unless Congress complies (as afterward we called at the window ica will pay bearer is to certify that there have been deposited we, have already stated in these columns) shortly dollars on demand. the stamp clerk to give us the and asked then'' look for a of the scenes of You will also find printed on the back of the with the Secretary of the Treasury silcash on them. With a look of disdain and ' bill: "This note is a full legal tender for all ver dollars payable to bearer on demand. 93, when Cleveland brought on the panic to with an importance that comes only from debts public and private, except import du- The security of these certificates rests solely forcq the repeal of the Sherman law. long service in a public capacity, he informed Is there not some chosen curse or upon the presence of silver dollars that are Soma ties and interest on the public debt, hidden thunder in the stores of heaven, us that he was selling postage stamps and words to that effect. (The editor is too poor actually in the Treasury vaults. Should that Red with uncommon wrath, to blast the man not buying them. We then requested him to to have one to copy from.) The security be- be stolen, the certificates would at once be- Who owes his greatness to his country's ruin? for our exchange and give us hind these notes is the credit of the govern- come worthless paper. They, like silver dolSHOULD WEALTH BE LIMITED? twos. He simply pointed to a printed notice ment. The credit of the government rests lars, are a legal tender for all debts public ' We unhesitatingly reply that it should be. hanging near by which informs the public upon its power to tax the people for the re- and private except when otherwise expressly This, we know, will be looked upon as a that Uncle Sam does not even trade stamps. demption of its notes. These notes rest upon stipulated in the contract. This clause was bold, bad statement; but we make it, and We of course expected that as soon as the precisely the same security as do the United added, of course, in the interest of the monpropose now to give reasons for it. Wealth word got out, stamps would depreciate and States bonds, and the differences may be ied classes, who are given greater power than is power. The longer we live, the more do be worth possibly less than the paper upon summarized as follows: the government that of repudiating the we see and realize that to be true. We have which they are printed. So we hurried to a (1) The bonds' draw interest; the green- governments' money. The greater portion reached that point in the history of the coun- drug store and found, to our surprise and backs do not. of the paper money now in circulation is of where have we seen that try power displayed. pleasure, that postage stamps were still worth (2) The bonds are not a legal tender; the this class. One Carnegie, Rockefeller or Pullman, by their face value. That has been several days greenbacks are. We now pass to notice what are known as the aid of their wealth, can override not oniy ago, and we are told this morning that they (3) The bonds are payable when due; the the Sherman notes. These notes were issued the people directly in their employ, but they are still selling all over the city at the same greenbacks are payable on demand. under act of Congress of July 14, 1890. That can bid defiance to all laws made and provid- old price. It seems kind o strange how this The greenbacks, like the bonds, are mort- bill provided for the purchase of 4,500,000 ed; and not only so, but can enter into the is. Why, they are not a legal tender for gages upon all the property of the Nation, ounces of silver every month, to be paid for very fountain and corrupt the anything; they are not fit for money even if both real and personal, which includes, all in these notes. You will them law.' Money has reached they were, because of the nasty stickum-tigh- t of source all at recognize very the gold, all the silver and all other kinds of once . in which reads that point by looking at their face, power that makes theft respect on their backs; the government wont have money in the Nation. Even the bodies of The United ''States7 of America wfilpay to am.5TByf lheirimmenBe--eumulztions'6- f "them ' after it sells them ence; and still they able bear Nation arms to the in man every bearer dollars in coin. This is the wealth a few men have actually taken posses are worth two cents apiece, and it now looks can be pressed into service to delend the only note issued by the government that is sion of the fountain of life, and the rest of just like the price is going to stay up right credit of the Nation and to pay the notes. payable in coin. The greenbacks and national the people live on the earth by their grace. where it is. There is only one use that anyThe national bank notes may be known bank notes call for dollars; the gold certifi- The story is too well known to the readers body can make of the things, and that is, to readily by reading the face. If issued by the cates for gold dollars, and the silver certifi- of this paper to need a recapitulation here. pay postage; and still they dont depreciate. We now come down to the question: Should There seems to be some sort of a law back First National Bank of St. Louis, they read: cates for silver dollars. St. The Sherman bill is one of which the peo- wealth be limited? And, if so, how? The First National Bank of Louis, Mo., of them which keeps up the price. Well, as is dollars on demand. well It have will pay bearer heard a established which a but of that deal, ple principle gov- you cannot pay. postage with anything else great and the The notes are signed by president they know little. It has been the custom of ernments are maintained to protect the weak but stamps, we wonder why somebody hascashier of the bank. These notes are not a the metropolitan press, either through ignor- against the robberies of the strong. So if a n't got a corner on them? Why dont some legal tender for any amount whatever, and ance or cussedness (or most likely both), to man becomes strong by reason of his wealth of these smart bankers get together and buy should a man offer to pay a debt with them talk a great deal but say very little about it it naturally and logically follows that it is the all the postage stamps there at two cents dark duty of the government to step in and pre- apiece and then raise the price? Possibly . and the payee refuse to accept them, it would The facts are that of all the deeply-laid- , colcourt into and damnable schemes that was ever played vent it. But in our great zeal to encourage they have not thought oi it. But they have and not bar him from going lecting the debt. Had the offer been made upon a patient and unsuspecting public, pos- business methods among the youth of our thought of everything else; wonder why they in greenbacks he could not. That would have sibly this bill was the worst. It was all the land we have practically advised them to gel have not thought of this? They corner 'up wealth honorably if they can, but get wealth. the governments money and make Uncle ended the matter. You cannot use national worse from the fact that it came sugar-coate- d other fact that one has wealth is sufficient of Sam dance around and beg like a little puppy The or bill in it whited a as bank notes settling up estates, were; a sepulcher, of itself to make him honored and respected, dog and make him issue bonds and do lots business requiring the payment money whose letter, if complied with, would have into the court. They are accepted by the been a great blessing; but, owing to the un- utterly regardless of how he got it And in of other humiliating things, but somehow people and pass from hand to hand by mu- principled rapscallions whose business it was our zeal we have learned to look with disfa- they have never thought to tackle the posttual consent The security of the national to interpret its meaning, it was made the ve- vor upon any methods, legal or otherwise, age stamps. After looking it up a little it bank notes rests upon United States bonds, hicle through which the greatest steal was which might discourage men in their mad seems that Uncle Sam got it into his old which are deposited with the United States committed that has ever disgraced this or race for mammon. If endowed by nature to head that he could run the postoffice without treasury. To explain further: A national any other nation. By having the notes paid such calling, one was considered specially fa the aid of the bankers. He seems to have bank corporation desires to start in business. in coin the process was natural and easy. vored and no restrictions whatever should be forgotten to make any provisions for his They secure, say, $100,000 worth of United It had been previously arranged that Secre- thrown about him ; that because he had the banker boys in the matter, and so he keeps States bends. These bonds are left with the tary Windom was to rule that the word natural ability to drive a sharp trade, he was his postage stamp mill going about all the Secretary of the Treasury as security for the coin meant gold and nothing but gold. fully licensed to do so. Upon other matters time; and if they buy all the stamps he has notes the bank proposes to issue. The bank Under the operation of the law, the seller of we looked through quite different glasses, he simply prints some more, and some more, is then permitted to issue $90,000 in its own the silver bullion, would receive his pay in however. No one would think of advocat- and some more, and keeps right on smiling; notes, and the general government guaran- these coin certificates. Arrangements were ing that because Corbett or Fitzsimmons has and the more they buy, the more he smiles. tees their payment. The government being perfected with a gang of treasury looters, the physical ability to rob his fellowmen that If they should conclude to buy up a big lot security for the bank's notes makes them who were to gather up these certificates as he should be permitted to do so, or that them and ship them to Yurrup he would good, but we fail to understand how it makes fast as issued, and present them for redemp- might makes right. We take the position keep right on smiling and smiling and printing more stamps. The supply of stamps them better than the governments own tion in gold. This they did. The result, as that a man has no more right to rob his ask almost inexhaustable. Jt looks like have will seems financial to mental force John Sherman, or all You United Stales notes. by superior know, was to deplete the bank out Sam he has to rob him by physical force. If Uncle goes might get tired of it after awhile for we dont know. When the treasury of gold; and as the silver bullion so than and is its and the issuing of his stamps over for returns notes the one a takes it was and coined the was not be to business not delegate up subject legal regulation, of bought and back receives he has done in the matter of the as other to be. to banks, them to the government ought coined, there was no increase in the amount Then the question is, how can it be done? money. Then he could take a much-needethe bonds it deposited for their security. If of money Coined, which was one of the ends the bank fails, its notes do not foil. They are sought by the old thief Sherman. But there We believe it can be done through a gradu- rest, and his banker boys could have a real reated tax. We believe that one million dollars picnic. They could have a regular high old was another and a much more just as good as ever, for the government is the It bonds. not the with the end be was to attained, and that deems them forcing is as much as any man ought to be worth. time, and there would be a hot time in the suffer who bank notes of an issue of bonds. The large gold sur- Certainly it is a great deal more than he can old town, you bet your life. The boys would holders of the national when national banks fail; it is the man who plus was being depleted every thirty days to earn. We believe that a tax should be so put the price of stamps down till they got has his money deposited with the bank. The the tune of about $4,000,000, but that was adjusted that it would bear lightly on the first possession of what are on hand; then they government is not responsible to depositors too slow for the gang; so Cleveland and Car- ten thousand dollars a man is worth; increas- could "bull the market and make a nice at all; although the country is full of people lisle came to the rescue by starting their ing so that by the time one reaches the mil- pile. They could limit the supply; they could who think they are reasonably well informed, ' endless chain which was to redeem the lion mark the tax would take it alL What cart them off to Europe, and a great many who still hug the delusion that when they de- greenbacks in the same way. After this ever may be the remedy, nothing can be other things they could do. They could give national bank that it is scheme was inaugurated and the endless more certain than that unless there is a Unde Sam lots of pointers in business. posit their money in a safe and its repayment guaranteed by the chain started, it was not long in doing its change, and that before many years, a few Stamps could be used just like the money is work. In a very short time the gold was people will own everything the government if Uncle Sam was not such a blasted old government will be a thing of the past So it has a right moss back as to stand right in the way of A gold certificate may be known at once gone and an issue of bqcds had. The same to protect itself in this matter as it has in all progress. Funny, isn't it? Suppose you put cerissue was reads: "This process was kept up until another by reading its lace, which in about five minutes thinking this over. - others. tifies that there have been deposited with the forced, and another, until there were $260,GREEN-BACK- eon-taiui- us S. bull-head- ed . never-had-bee- n -l- icked-and-stuck one-cente- rs , . 1 law-maki- ng . Jr - , an d A |