People's Pilot, Volume 4, Number 32, Rensselaer, Jasper County, 26 January 1895 — HERE’S YOUR MULE. [ARTICLE]

HERE’S YOUR MULE.

Give the Banker* the Earth, or They*]) Take It. Congress don't know where it is aft But it still knows what the bankers demand, and what congress must do, or do nothing. Congressman Crisp and Senator Gorman have held a little caucus and conclude that the only proposition which the senate and the bankers will accept must embrace the following features: 1. An issue of $500,000,000 of long term, low rate bonds at 2X per cent, if possible, but not over 3 per cent. 2. These bonds to be sold to the banks at not less than par and to be the basis of circulation up to their par value. 3. The legal tenders to be retired and canceled as the bonds are put out. 4. One fifth of this issue of $500,000,000 to be retained in the treasury and made available for current expenses if needed. 5. Silver to be bought and coined at the rate of $50,000; 000 a year. 6. No bank notes to be issued of less denomination than $2& 7. All denominations below S2O to be silver certificates and silver. 8. Silver certificates to be redeemable in silver. There it is in u nut shell. .lust what the Populists have told you for years were the intentions of the moii.-y power. Take each of those numbered item/ into your mind separately, roll it over, tear it apart, and analyze its intentions. Five hundred million dollars of long term bonds—sls,ooo,ooo a year interest, enough interest to support 10,ouo people in idleness, interest that will take the labor of 50,000 men a year at $1.50 a day to pay—and all for the benefit of the bunkers, Cancel the greenbacks and substitute interest bearing bonds and wildcat bank notes. Destroy the money that saved the country in time of war, and turn the issuing of money over to the traitorous cowards. who hired substitutes and hoarded up their gold to profit oij the nation’s necessities. And wliut a magnificent outlook fp> silver—to be “bought" and coined—bought with what? Give us free coinage of both gold and silver or demonetize gold. Big bank notes for the rich and small eurrency for the poor—and the banks in control of bof h. Glory, hallelujah! Those philni thropic. benevolent, astute and monkeydooodle bankers! Ain’t they smooth? Give us the earth, or we'll take it.