People's Pilot, Volume 5, Number 15, Rensselaer, Jasper County, 3 October 1895 — DEMOCRATIC FRUITS. [ARTICLE]

DEMOCRATIC FRUITS.

UNITED STATES TURNED OVER TO FOREIGN SYNDICATE. Their Promises All Repudiated - ncrease of the Public Debt —Contraction of the Currency—Deficit In the Treasure Growing. The United States of America is still leaning on the democratic party add a foreign gold syndicate—or, perhaps, more specifically spea ting, the gold syndicate is holding the country up by the throat, and the democratic party is hanging onto its coat tails. The democratic administration being incompetent to carry out .the English policy by itself was compelled to call in the instance of Baron Rothschild, who has kindly taken the burden of protecting the credit of the United States entirely off the shoulders of the president and secretary—for the nominal consideration of nine million dollars and an option on all bonds issued. The syndicate has kept the reserve up to the imaginary point of safety, and continues to exchange gold for greenbacks, which it will hold until October 1. Then it will demand their redemption in gold and force another issue of bonds. By this plan the bankers and money brokers in New York also expect to secure a handsome rake-off —by frightening the people into demanding the destruction of the greenbacks. Whatever may be the kindly intentions of the syndicate, the United States rests under the everlasting disgrace of placing her finances under the charge of a syndicate of English moneylenders, for “protection.” Hiring thieves to stop robbing the treasury.

Renouncing our independence of England and pleading at the feet of a Jew Shylock for mercy. And this is America, proud, free, independent, rich, productive, powerful and patriotic. This is the nation which floats “old glory.” This is the nation which builds monuments to revolutionary heroes. And this condition is brought about by the party which boasts its devotion to the principles of Jefferson and Jackson. And the glorious gold standard hovers lovingly over the whole brood. The gold men must be proud of the present situation, as England is gratified beyond measure with the democratic party. Confidence has been restored among “foreign investors.” The public debt, which is “a public blessing,” has been increased. Gold is “flowing to our shores”— from the interior. The gold standard, as Carlisle triumphantly exclaimed, “is established for all time.” What is the result? The repeal of the Sherman act in ’93 was to stop the export of gold—and in '94 the largest net export of gold in the history of the country took place. The drain continues, and will continue. Our circulation of money has been reduced one hundred million dollars the past year, and as a last desperate resort our national finances have been turned over to England. The gold advocates rely entirely upon English money-lenders to protect them in their nefarious plan of subjugating the American people to the domination of Wall street and the Bank of England. They confess that we cannot do business even under the beneficent gold standard without the protection of Baron Rothschild. It is all to secure his favor and to get Grover's picture hung in the Bank of England that the gold standard has been adopted. We can’t do anything without the consent of England. The credit of a few individual capira'.lste, exporters of gold and importers )f foreign goods is ten times more imvrtant than the prosperity and credit seventy million industrious Ameri.an cltlzemi and producers.

The gold standard men and the democratic party have promised us much, and here are some of the fruits: 1. Continued and increasing export of gold. 2. A contraction of the circulating medium, and reduction of prices of all farm and other produce. 3. A very large increase of the public debt. 4. A deficit in the public revenues. 5. Bonds of the United States sold at private contract to a foreign syndicate for nine million dollars less than they would have sold for on the open market at home. 6. Turned over the treasury of the United States to the mercy of a foreign syndicate. 7. General panic, and two million men out of employment. Yet they tell us a gold standard is the only hope of restoring prosperity. We have had enough of the gold standard already to know its fruits. Let us have a change that will restore American independence.