People's Pilot, Volume 4, Number 34, Rensselaer, Jasper County, 16 February 1895 — August Belmont. [ARTICLE]

August Belmont.

For thirty years this man has been the power that controlled the financial legislation of the United States, and for thirty years nis name has been synonymous with deepest infamy. The Known head of the Rothschilds’ house in America, and the leader of the New York bankers, his hand has manipulated, sometimes openly, but usually secretly, every ‘great act of congress upon the money question. For thirty years the defenders of the greenback, the opponents of national banks, the enemies of bonds and the friends of silver have pointed to this man as the most powerful and therefore the most dangerous enemy to prosperity in all the land. The charges of corrupting legislation in the interest of banking has never been denied, and are universally known to be true of him. Yet this man. representing the usurous vampires of the world, is boldly received into the private counsels of the president, and his advice is accepted as law. August Belmont the usurer, whose own interests of necessity thrive on the misfortunes of Ibe nation, pleading the cause of a class,, accursed of all men in all afw, this thief shaping the

lines of American finances, yes thief, and for authority read the words of that distinguished divine of the 15th century, bishop Jewel: “Philosophers, Greeks,' Latins; lawyers, divines, Catholics, heretics, all tongues and nations have ever thought an usurur as dangerous as a thief. The very sense of nature proves it to be so. If the stones could speak, they would say as much.” Democrats, have you forgotten the arch traitor who sold out your presidential candidate in 1868? If you have forgotten read this from the pages of history. It is the same August Belmont. the same agent of the money power, and he is operating in the same United S tates and has been every day since then: “During the pending of this bill (the credit strengthening act) a presidential nomination took place. The democratic party nominated Horatio Seymour on a platform that opposed the payment of currency obligations in coin. The republican party nominated U. S. Grant on the urgent solicitation and petition of forty capitalists of New York city, who represented in the aggregate about #500,000,000 (five hundred mil lion). The Rothschilds were in possession in the meantime of several houndred millions fivetwenty bonds, purchased at about 60 cents on the dollar, or less, and were particularly interested. Their agent. August Belmont, who secured the position of chairman of the democratic national committee, was instructed by Baron James Rothschild as early as March 11, 1868, that unless the democratic party went in for paying fivetwenty bonds in gold, it must be defeated. The first step was to have the national convention in New York city. It accordingly convened there on the 4th of July, 1868. Belmont and his satellites were unable to control the convention, at least in the matter of platform, and it declared that all obligations against the government not expressly payable in coin should be paid in lawful money of the United States. Belmont owned at that time a large interest in the New York World, the leading demo cratic paper of the country, which, on the 15th of October came out in a double leaded edi torial denouncing Seymour as unavailable and unfit, and advised his withdrawal. This so demor alized the democracy that Grant had an easy walk over.” August Belmont's lobby and bribes com pelled Abraham Lincoln to accept the greenback with “excep lion clause."

August Belmont's lobby and and bribes caused the greenbacks to be funded into bonds. August Belmont's lobby and bribes destroyed all but $346, 000,000 of the greenbacks. August Belmont’s lobby and bribes changed the contract oi the bonds from “lawful money’ to “coin.” August Belmont's lobby and bribes demonetized silver in 187 c which made thebouds, purchased at from 35c to 60c on the dollar, payable in gold. August Belmont’s lobby and bribes repealed the “purchase clause” of the Sherman silvei law, thereby practically establishing a gold basis. August Belmont's millions made Cleveland president, and in return for that favor $100,000,000 of interest bearing bondshave been issued, $100,000,000 more are being issued, and $500,000,000 and possibly $1,000,000,000 more are to follow.