People's Pilot, Volume 3, Number 33, Rensselaer, Jasper County, 2 February 1894 — Stealings Too Light. [ARTICLE]
Stealings Too Light.
Henry Clews, the grand Mogul of the national bank gang, and interest-sucker-in-chief, is not satisfied with Carlisle’s bond swindle. The stealings are not satisfactory to the bank gang. The rate of interest, three per cent., is too low; twenty-five would suit the hungry horde better, and ten years, the length of time they run is too short, no banker can gorge himself fully in ten years. The whole bond swindle was hatched and helped forward to benefit the banks, and no one else, then why not make the time one hundred years and the rate of interest twenty-five per cent., and that would give them everything, and as that is what they want and congress is willing to give. Why not throw off the mask and do openly what they are working for secretly?
The revenues of the government have been very much reduced by the bold and unjustifiable acts of the capitalists in their efforts to establish the gold standard and retain extreme protection, and as a consequence the national treasury is confronting a deficiency variously estimated at from twenty-eight to one hundred and fifty millions of dollars. To meet this deficiency two plans are offered. First, sell two hundred millions of bonds; second, issue greenbacks and pass an income tax measure. The first plan is offered and urged by the originators of the panic that caused the deficiency, and was one of the objects sought for when they precipitated the panic. The second method of supplying the deficiency, by an issue of treasury notes and an What need has this country for a money that will circulate in foreign countries while we sell to them more than we buy? The bankers created a panic in order to set up the gold stand-’ ard and force a bond issue. Will the people submit.
