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Show j NOW. it . "p,tchfork" Tillman with an initia- I I jive activity that is most wholesome, ' consonance with the ideas of the AJ preceding articles appearing in these . ' jrl columns has demanded an investiga- Afff tion as to the legality of the issuance V 1 by 'lie clearing house associations of jL f ,1,c National banks of clearing house E. certificates and by the banks them- mt III selves of their cashiers' checks in lieu J III f the money of the government, and IJI Vj the quiescent inactivity of the comp- : rtt trollcr of the currency in failure to !' p 1 assent his authority adversely tlicrc- j A HI to; also the support of Mr. Secretary i f V f llle Treasuryi voluntarily and im- ' N f5 mediately offered in pledging the L , V 7) credit of the people and their assets I " aS a wlloIe without interest, tax or r HI penalty to sustain them in assuming f- the official capacity of increasing the 'III circulation and outstanding intcrjest- f', M ' bearing debt of the nation when it A ,' ' now has on deposit with these same E institutions as evidenced by his own Is report, two hundred and thirty-four h" " millions of surplus unused and unus- k - HI able funds out of two hundred and If III forty millions of working capital. Jp Ki III v That the author of this movement tUpi? I V , will not allow his resolutions to be W lilii 1l ' pigeon-holed, nor accept any half way IA ( I J3T vH explanation is guaranteed in advance -Cy III by his acknowledged honesty and f IotL jJ persistence in attaining the object he Lll re3TL--J has in view. The sick may well sit ,W LsgjMl up and take notice fori the doctor is u 7'Dj 1 al ',an' knife ready, and determined W I S I to perform the operation that will mgjf I sever their cancerous growth from the financial corpus of the govern- III I ment. In the absence of any warrant III u I of law, what excuse can Mr. Comp- III I I trollcrj offer? None, unless he admits M I he had been "hitting the pipe" and I was asleep. As to Mr. Secretary the II I recent developments exploited in the IN 1 Bj subsidized press as to his being made yy H president readily explain the case with J H which he has been hypnotised by the ILr H wizards of high finance, made drunk A I by his ambition and being a too light Jt H weight to realize that if he ever had Tj H any fitness in the eyes of any one for III I so great an office the proof of his un- H fitness is established by his inefficien- III N. M cy in the position he now occupies. Ill S The president is doubtless at thi l Yj M time seeking two new clerks, and it Cv I M is to be hoped he will be able to find . II 7 M them at an early date, for these two H BJ have certainly shown their, yes, actual I M asinine incompetency, and the soonci 1 M they arc displaced Mic earlier will the 1 M world at large cease to wonder how 1 M they ever attained so great pro mi- I HI nence in the affairs of state. I M The reports from Associated Press I M headquarters continue to fill the tele- I Bfl graph columns of the daily press with I M the allegations that the worst is over, k M that- things are fast returning to a J XJ M normal condition and that in some Ap 111 M HI localities one would be led to believe jJSi M M the banks were clamoring to return Will (JSL I H to a legitimate basis in transaction yS I Bfl of business, or in other words, ready HI 5 Bfl to pay their debts in real money as JmTihI flB they have compelled everyone who ,Ui ?SAT .M B owed them anything to do when it Pv V was possible, but all arc waiting for I i I New Y!rk. Do not worry. New I vJ HJ H York will do some waiting on the ' rest of the country one of these days, M and if it's a cold winter it will gel M I pretty well frost bitten as it waits. M fi Let ns take a casual look at the sit- M nation and what is going to bring M I about this return to safe business and H substantial prosperity. Allow as cor- M c rject for instance that the assertion of 1 the "interests" as to there not being M j money enough to transact the busi- H 1 ncss before the panic, which their own H, ' action brought about, will there have M been created any more legitimate H money previous to the action of the B , congress? Tf there was not enough B previous to the unsettling of affairs I any one knows there must needs be I more to start them going again. A H i running business can be handled with H less money than one that has been H stopped and attempts to start again, H any experienced individual knows H that if there was not enough to run H the going concern there cannot be H enough to cause it to resume its ac- H tivity, again, as time goes on, the un- H employed will have encroached on H what savings they may have for the H necessities, and once they arc able, H by hook or crook, to get their own B out of the hands of unfaithful trus- H tecs, they will be most chary about H returning it to the same ones, the H circulating medium to this extent will H therefore be reduced. So we find wc H will have less to commence business H on than wc had when wc quit, not- H withstanding herculean effort is being H. put forth by those to blame for the H trouble to impcess all with the idea H; that the blow is over, and in which H they may temporarily be successful, H but it will only answer the purpose H of saving themselves for the time. H Nothing permanent can he accom- H plished until an entire change in the H system is effected. H This making examples of promin- Hi cnt promoters in retiring them from H ' the directorates of large financial in- Hi' stitutions, sacrificing a few of their K, own kind to their own advantage, they Hh being threatened with complete an- H j nihilation unless they accepted the H terms offered, which were that they H sell their holdings to their stronger H and former allies, was all a play in H theitj effort to fool the people with H the idea that now wc have gotten rid H of these fellows everything is all H right, you can come right along and H we alone will take care, or rather skin H you, in plain words, calling out "stop H thief" to detract attention! from the H one and sole vital defect and cause H of all that has occurred, that is, the H pernicious national banking system; H the selling out, turning over of the H whole financial fabric to the few to H the detriment and loss of the many, H j not only in money itself, but in the H ( ability or power to protei or help H , themselves, and deceiving ' ;m as to H t the facts and the continuance of the H t same with enlarged powers to the H further attainment of what remains H by the successful and shrewd games- Itcrs. There is but one logical solution and conclusion and that is asseifccd with a" defiiniteness of positive conviction If that it cannot be reasonably controverted, contro-verted, and that is that no return to solidity or substantial prosperity can occur until the government directly issues all money and as directly accepts ac-cepts the deposits of the people. |