People's Pilot, Volume 5, Number 2, Rensselaer, Jasper County, 4 July 1895 — A Favored Money Is Always a Robber. [ARTICLE]
A Favored Money Is Always a Robber.
There has never been a time in the world’s history when governments have issued, or permitted to be Issued, different kinds of money, and have in any manner given preference for any one kind above another, that the money so favored has not become a mere commodity, an article of speculation and an instrument of plunder. We had one of the best illustrations of this fact in the case of gold in the United States during the war period. Everyone knows that it ceased to circulate as money and became a mere instrument for the robbery of people. It was sold by gold brokers at a large premium in government currency to importers for the payment of duties, and this premium was added to the cost of tea, coffee, sugar and other commodities and charged up to the people. The national currency thus obtained by the gold gamblers was in turn invested in in-terest-bearing bonds at par. The interest upon these bonds was payable in coin, and all secretaries of the treasury htfve interpreted coin to mean gold. The gold sold to the importer, and paid by him to the government for duties was, by the government, paid back to the brokers as interest, and again sold to Importers at another premium which was again paid for duties and again added to the cost of goods and charged up to the consumers. In this manner the people were plundered in added cost of goods upon one hand, and in discount upon bonds and interest upon them on the other. Now, what is the sense of so many different kinds of money Will someone tell? Is not money that is good enough for the commpn people of this country likewise good enough for these Wall street pirates?—Topeka Advocate.
