People's Pilot, Volume 4, Number 32, Rensselaer, Jasper County, 26 January 1895 — Retire the National Bank Bill. [ARTICLE]

Retire the National Bank Bill.

The national banks have been and are continually withdrawing gold from the treasury by tendering so called coin certificates or treasury notes and demanding the gold in exchange. The shifting us this metal from the treasury to the banks and from the banks back to the treasury, only to be again withdrawn when the latter desire an issue of bonds by the government, may be successfully repeated without limit, unless the people take up a line of action in self defense, Which Will be effective in calling a halt to such unpatriotic and dishonorable financiering. We suggest that, as the national banks have set in circulation among the people §207,000,000 of their own national bank bills, while sorting an I keeping out of circulation these treaury or.coin notes for the above ind - ealed purpose of excliungmg them for gold, that the people who believe in protecting ihe government—i e., themselves—trom tiie nef-ir.wUj t .raetice of sorting tile currency for the illegitimate purpo e of diuiniiig th ; treasury of gold, do tender to the banks at their earliest convenience in ex lange L.r ’’legal enders” any nationa bank bia coining- within toe;.- poss s-.i in, before using the same. And furtl er believing that the pe< - pie of these United States have Lut tha <ne weapon left a’ their eoi .mand, b ■ which .they can successfully resist or ..eek redress f.-om the injustice anil impositi n practiced upon tin in by tlie .national banks, we therefore urge all who believe in the government issue of money direct Io he people to act individually and collee Lely, if possible, to further the above movement. 1. Teude:- every national bank bi 1 direct to tae banks, instead of passing t on and thus keeping it in circulation. 2. Huy every national bank bill found in circulation among friends or business associates, and tender these also to the bank. 3. Urge every friend and business associate to do likewise. The law compels every national bauk to redeem its own notes as welLas those of other national banks in tfovernmeiit “legal tender” money, land tne inevitable result would be to force the national bank bill out of ciaeuiu> tion into the banks, while the talk about the retirement of the national currency to make place for bank bills

would s- on cease. The b: nks would either desist through discretion from looting the treasury of its gold or be forced to .top their operations through alack of the kinds of bills (treasury notes and legal tender) necessary to continue this nefarious scheme; while the government “legal tender” received in exchange would take the place of ’ e national bank bill In general circulation among tne peop.e, where it could not be used by designing bankers to draw gold from the treasury. By the gradual operation of this combined action on the part of all believers in the government issue of money, a more perfect condemnation of the sen ernes of national bankers will be effected than could possibly be enacted by law or resolution; and in time. the only outstanding circulation would be the government “legal tender.” while the discredit thus thrown upon lhe national bank bill would compel its withdrawal from the circulating medium of the country. A more thoroughly prae ical and effective solution of the currency question for and by the people, than would result from such action, could not be devised in the interest of ,iu honest money issued by the government.

The above has been sent to us by a friend, • ho believes in lighting the enemy with his own kind of weapons. We print it for the consideration of those who would like to retaliate on the banks. —National \Vaicl..nan. The Sherman law was repealed, we were told, to prevent the necessity of issuing bonds. The financiers said so. Did they lie, or were they ignorant? Trust them no more. Mn, CIkvKLAN'D might avoid the oUpm of a l l »h!ng « fort on the white he use • r ninds by hiring a hubatitute to occupy the executive man* Alon.—Bt Louis Chroniclf.