People's Pilot, Volume 4, Number 31, Rensselaer, Jasper County, 19 January 1895 — COUNTERFEITING. [ARTICLE]

COUNTERFEITING.

England l'lnds Oar Cheap SHycr a Veritable Godsend. Some time ago we published an anonymous letter from California, claim ing the writer held indisputable evidence that American dollars were being coiLei in England. At the time we placed very li'-tle confidence in the story, hut since then Mr. Gordon Clark of Washington, who has lived in England and has friends there on the inside of affairs, has Intely received a confidential com munication statfng that ‘ Certain London banking 1 houses are striking off American and Mexican silver dollars and sending them abroad. The Mexican coins go chiefly to Asia and the American dollars to the West Indies. [ From there the latter go te the United States in place of gold, to settle balances between the West Indies and the United States.’’ Thus counterfeiting has become a regular part of the monetary war which England has been waging against this country since the demonetization in 1573. But the London counterfeiters can not be punished foi buying American silver at its commercial value and turniug it into full legal tender dollars equal to gold. ShermaD, Cleveland and our othei ntatesmau (?) have arranged things iL that way. P. S. As lam well acquainted with Mr. Clark—at one time acting editor of the North American Review, and whose recent book, “Shyloek,” has ciused such a stir—entire 1 redencc is given here to liis statement and tc that of his correspondent H. E Taubenkck, Chairman National Committee People’t Party. The banks offer to pay only one-hall of 1 per cent interest for the privilege of destroying the greenbacks and issuing Wnk notes to loan. The peoplt 1 are willing to pay 2 per cent direct tithe govertiment to destroy the bank Botes end issue more greenbacks.

ARE YOU AN HONEST MAN? Then Join the Farty of the Commeo People mad Let l’« Work Together. We believe the voters #f both old parties are honest and will not be found voting with dishonest parties any longer than tho time when they learn the truth. The People’s party has heretofore been largely built up from the repub lican party. That party being in power its dishonesty was more apparent than that of the democratic. But now that the demodYatic party has had a chance and its leaders have shown themselves even worse than the republican leaders, the people are leaving it. Honest men will not longer vote the ticket, and they know that the republican party is against the people, ■o that they can not honestly turn any way except toward the new party of the common people. The People’s party has no prejudice or grudge against a man for having voted • with a narty that he thought would serve the interests of the people. ; But now that he knows the true disposition of democracy, if he does not cut loose from it, he deserves not even sympathy in his misery. As men, we receive you into the People’s party. If you believe in our principles, work with us. That is all The party does not reward you for this; you reap the reward yonrself, and we shall all be benefltt.d together. It is as much to your interest as to ours that you should join us If you are not honestly seeking the good of the whole people, you are not worthy of our consideration. The general good is the object of the I’eople’s party. If you are an office hnnter, tetter stay in the old party a little longer, until you become humble enongh to accept a place in the ranks as a worker.

Workers are what we want We will make officials of some of them, of course, but if we could secure the enactment and enforcement of the principles of the Omaha platform into law, without electing a single official our purpose would be served. We invite you for justice and humanity—not for spoils. If you are an honest man you can not take offense at the terms of enlistment Notes by the Way. The President’s recommendations were all for plutocracy’s interests. The way to bring greater prosperity to the bankers is for congress to adopt the Baltimore plan. The way to bring prosperity to the whole people is to abolish the present banking system, issue more legal tender government paper money and institute government oanks.

The democrats of Alabama begun to feel tlieir Oates a little too early. They are about to choke on a Kolb. Laws made by lawyers for the purpose of furnishing attorney fees can not serve the people who pay the fees. Haven’t heard of any farmers and laborers being ca’led in to consult about the new currency scheme, have you? The solution of the currency problem now under discussion in congress will increase the difficulty of solving the labor problem. The sharks are pulling out the gold reserve again to scare congress into passing the new currency bill. Another bond issue is expected about Feb. 1. A great time to talk of destroying $'150,000,000 of legal tender currency, when the government is borrowing money at the rate of a hundred millions a year.

Why, you chump, don’t you know that they have already issued .bonds for the people. There isn’t a man in the country so poor but gets some of the bonds —to pay. Now we understand what the plute papers were talking about when they wanted “confidence” restored. It was in order to work the new Baltimore confidence game. Couldn’t do it without “confidence,” you know. The “business men” of the country are principally autocratic machines, repeating after the bankers words that mean their own enslavement as well as that of the wageworkers. The business men will find out where they are at when the bankers get through using them as tools and begin to squeeze the blood out of them.

The Newfoundland banks have suspended, and their currency, which was supposed to be “reasonably safe,” to use Secretary Carlisle’s phrase, is worthless in the hands of the pe<>ple and of numerous holders in Quebec and Ontario. The fisherman had been paid in it for their season’s work, and find that the return for their hard toil is no better than waste paper. Mr. Carlisle’s proposition to drop the government guarantee from our bank note system means precisely such losses to American citizens as are now visited upon e>ery family in Newfoundland* —Globe Jbtmoontt,