People's Pilot, Volume 2, Number 49, Rensselaer, Jasper County, 26 May 1893 — Page 4 Advertisements Column 2 [ADVERTISEMENT]

soon learn now that our whole industrial system is wrong, and that to change it necessitates political action. It is lucky for the numerous banks now failing that they are not in China. About four hundred years ago a bank failed in China and the authorities wound up its accounts in a very expeditious method, w T hich we commend to our comptroller. The heads of all the bank officials were ordered to be cut off and thrown into the corner with the rest of the assets. There hasn’t been a bank failure from that day to this. The Celestials are not good to imitate for models as a general thing, but they can certainly teach us something in banking. There would certainly be fewer of these men-traps opening in this country if the alleged financiers in charge know they would have to choose between a production of their deposits and loss of their heads. —Nonconformist.

If anything on the earth, or under the earth, or anywhere else in the wide realms of space, would make a man swear, he is expected to swear most lustily if ever ho stops to think of the beastly infamy of the present financial panic. Think of it, ye who dare! More than a quarter of a century of peace and of unlimited production, and yet through the truckling subserviency of a government absolutely turned over to the control of the corporations, a panic is permitted to be sprung upon the people, in order to I'orCe their consent to an issuance of the fifty millions of government bonds these goldocrats demand as a safe investment for their hoarded wealth, and as a further evidence of their absolute power over the government. What matters it to them, if by this artificial panic, this monster of their own creation, thousands of the best men of the nation are crushed to the earth? What do they care if the wheels of machinery are stopped, and every industry is paralyzed, and a million men and women with their helpless dependents go hungry for the w’ant of work? We dare any honest, manly man to realize the heinousness of this crime against humanity and not curse a system that will permit such diabolism! How handy it would be in such a crisis to have a government somewhere, instead of that thing of gigantic power down at Washington that exercises the functions of government wholly in the interest of the immensely wealthy few! Will the people never awake to their thralldom?—Union Dispatch.