People's Pilot, Volume 4, Number 42, Rensselaer, Jasper County, 6 April 1895 — Give Us Government Banks. [ARTICLE]

Give Us Government Banks.

The issue is squarely drawn between the people and the banks. As to money, shall it be based upon bank credit, or upon the credit of the nation —the people’s wealth? As to the deposit and security and loan distribution of the people’s several surplus savings, or token credit, money, shall its safe keeping and judicious, careful loan distribution be undertaken and guaranteed by irresponsible banking corporations, or by the people themselves, in their sovereign capacity, as a co-operative banking corporation, through governmental. agencies? Give us government banks.