The Peoples Voice. (Norman, Okla.), Vol. 2, No. 8, Ed. 1 Saturday, September 23, 1893 Page: 8 of 8
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ALLAN & RIXSE, Publishers.
SUBSCRIPTION $1.00 PER YEAR.
PUBLISHED KVEKY SATURDAY.
Entered in the postofflee at Norman,
0. T. as second class matter for trans-
mission through nil mails.
Norman Saturday, Sept.. ti:*.
J. S. ALLAN, Editor.
TIME TABLE
A. T. S. V.
07 ii. in
U:MI v. m
*:#.■> i . Ill
12:81 a
1 :SS u. in
ll:Ua. in
ruent itself:
Are not the conspirators who are
fond of saying, "We must have a
currency based on a stable precious
often thought that China could give meU| q{ ia1rin,lc va|ue," either mon-
..a cullllllilu lUlllltcl'U fill Oil!* -
lization has never placed its devasta I
ting hand where they never heard of (
the Sherman law and don't know bi
metallism from a saw horse. I have
us some valuable pointers
national banking law. Over
our
there
umental fools or egregious frauds ?
Barbarous, semi-barbarous, savage
ituroaroiis, Mcmi-oaiouioua. «{;<.-
when a bank fails they chop off and ghyloek people want that sort of
fmm tin* hank . . ... i
every officer's head, from the bank
president to the office boy. Hank
failures in China are mighty scarce.
Non Conformist.
A t'HssHiidra in Breeches.
Kx. Senator Ingalls in an interview
with a United Press reporter said:
"This day is balmy and sunshiny
in comparison with the clouds and
storms just ahead of us. The ulti-
mate result will be a redistribution of
the assets of the country. The mil-
lionaire of to-day will occupy the pau-
per's hut and the pauper in the future
will ride in the chariot of the million-
aire. Colorado and the other mineral
states should be blotted out as states
and added to the great American des.
ert from wlik'h they were taken. The
devastation of the yellow fever in the
south was not near so disastrous as
the situation in Colorado, produced by
the closing of the mines. Thousands
Of pi >ople are walking the streets of
Denver like the lowly Xazariue; foxes
have holes and the birds of the air
have nests, but the tramp of Colorado
lias no where to lay his head. On
every corner in Denver goes up the
piteous cry for bread, in Wall street
the pitieous cry goes up for gold.
When these two panicky conditions
come together in the great Mississippi
valley chaos aud anarchy will follow.
IX FI LL RliTRKAT.
had received by express that morning ! . . ,
we asked him where Legot it, thinkj Carey Lombard Lumber oo.,
ing that he would leply that he got it I
from Mr. A., to whom we had paid it.
He informed us that he had received
it from Mr. E. We then followed the
history of the note back; and found HStl'Cl.AVElI'G,
the fact to be that it had paiil us f 100 ■
of debt in the morning and had liqu
idated six other debts of $100 each
GUISO SOl'TH,
Ho. MM. • •
so. 4117 Stops nl Piireell.
ku 428 accommodation
UOINU NOKTH
KO.
HO. 40S
M>. 422 accommodation
The light over the repeal bill in the
Senate goes merrily on with very lit-
tle prospects of terminating soon.
The Populists are making a vigor-
ous campaign on the old Dominion
this fall and it would not surprise us
a bit if they carried that state.
The campaign in Iowa is waxing
warm. Four parties are in the field.
Ralph Henuraont is speaking for the
Populist aud .las. H. Weaver will
spend two months in the campaign.
The Populists chances in that state
are good and with a good vigorous
campaign they will win.
Four counties in Georgia have
held their fall election and the Pop's
carried three of the four counties.
The Populists headed by Hon. Tom
Watson have started out to carry
C.eorgia and they will just do it. I he
Democrats can stand around and
brood over their departed majori
ties.
The Populist party is growing like
a prairie fire. From the pines of Ore-
gon to the cypress swamps of Floiida,
from the rolling hills of Michigan to
where rolls the Rio Grande comes
news of the landslide toward the new-
party. It is the only party of the
people at this time. The two old
parties have joined hands and ( levc-
land is their prophet. Now is the
time to push the good work. Road.
Cleveland in his message said:
"Our government con not make its fiat
equivalent to intrinsic value.
John C Calhoun said; "1 undertake
to affirm without fear that I can be
answered, that a paper issued by the ^
goverment with the sinple promise better imagine than describe their
to receive it for all its dues, would | chagrin when they found the coun-
as uniform in its value as the metals try occupied. Though horsemen
themselves. " Calhoun knew more in i ]eft the line and arrived in Perry, a
a minute than Cleveland will learn in distance of eight miles in twenty-six
"currency," or bater, but civilized
men in business do not. — .—
Does any business man or laboring during the day, and in the afternoon
man or common American citizen t it had come back to us, liquidating
ever take a bill received in the course another debt of $100, and we still had
of business exchange to a "bank" or j the note for fresh operations on the
to the treasury department and de-1 morrow.''
maud and receive for it goldorsil-l This simple everyday little story
ver ? speaks volumes. It vividly discloses
Never! j to tlie vision the purposes of money,
Nobody but money-changers, the the only and complete function of cur-
carrion crows of our financial life, the ] rency 0f "circulating medium." That
Wall street speculators, the gang function is to go right along, forever,
that lives and thrives off the "pan i paying bills, passing from man to man,
ics," the "Blacks Fridays, the j measuring values, a pecuniary yard
"corners" in staples of human sub- j .stick a civilized substitute for the
sistence; the gamblers in 'securities, j barter, or exchange of commodities, of
representatives of value; none but semi-civilized people of ancient or
this useless scum of active life ever I modern times.
demand metal money for circulating j T,ml $1()() hm tlmt seUic,j j-Q0 in
medium. debts in one day and perhaps >1000
Silver for change is desirable; but |K.xt Jay a|u, g0 on ft(, illfilliUlm. did
even that need would depart il we llot |mvt! to stop and rub up against a
(A. I). ACRES, Manager.)
Dealers In
Lumber,
IMPLMENTS and
MAIN STREET, WEST OP NORMAN
Norman, -
Fitrniture.
BARB WIRE.
STATE RANK.
Oklahoma.
C. B. MINLEY & CO,
..HAS FRESH..
Buys and Sells
ALL KINDS OF
Strip Boomer* Homeward
Uoiiiid.
For the past six or eight weeks the
roads have been lined with pr.airie
schooners making for the Strip and
by the 16th., the day of the opening,
enough people had congregated on
the lines, omitting the sooners, who
had already staked their claims be-
fore the 16th., to settie a tract of
land twenty times as large as the
Strip. A few days prior to the open-
ing the weather was intensely hot
and the high winds blew the dust so
that it was almost impossible for the
Boomers to bear it and many did
succumb. The registration business
where the poor people hail to stand
in line for days in the heat and dust
to secure a certificate, was pro-
nounced by all a monstrous humbug.
Instead of keeping out sooners it was
in the nature of a license for their
admittance. The maledictions
heaped on Hoke Smith for that pro-
duct of his addled brain were with
out number. At Saturday noon, of
the 16th., the honest settlers', the
sooners having gone on before, be-
gan the race for homes, but you can
had an abundance of "fractional cur-
rency," though the latter had ser-
ious objections, being more easily
lost and less convenient in use.
The writer lias not seen $20 in
gold in five year, though handling
ten thousand dollars a year in the
regular course of business. He
doesn't want to see it if so good and.
non fluctuating and convenient "cir-
culating medium'' as I'nited States
"greenbacks" con be had whenever
needed in the course of business ex-
changes.
If there wasn't an ounce of gold or
silver on earth today, the I'nited Slates
"greenbacks'' would loat among the
people as "circulating medium, ' a
measure of value, ti) the extent of sev-
eral thousand million dollars. The
honest and occupied people, the in-
dustrial people, the people in business
would gladly welcome a "circulating
medium" of value-measure based sol
ely upon its capability of serving the
purpose of measuring indebtedness
and settling the scores between man
and man. and possessing the virtue of
paying all debts to the public nat-
ional, state, county, municipal and
other public dues. What are the
public dues in this great republic,
annually ? Are they not as much as
three thousand million dollars ?
These bills, without an ounce of gold,
silver, copper, brass, lead, zincoriroi
behind them, to a sum total or twice
the entire volume of the annual pitb
lie dues which the people have to pay
pile of stored gold or silver to acquirt
its pecuniary yardstick measuring
qualification. That characteristic was
engraved upon its face by I'ncle Sain,
and its legend that gave it value and
power as a "circulating medium." a
"currency,'' was in these words: "One
Hundred Dollar*. The metal mono-
maniac may disparage it as a "fiat'
rag, but it got in its honest work that
healthy day.
Did any one of the seven reupients
of that #100 bill on that busy business
(lay stop and run down street half a
mile to a bank or other precious metal
storehouse and ''convert " it into what
it was "based " on, into gold or silver?
Had he done so, lie would have been a
tarnal fool, wasting his time, and lie
would have been procuring something
he did not need or want.
Th" entire seven men who each re-
ceived that S100 bill that day possesed
what is the only element essential for
successful "circulating medium "-con-
fidence in it as a yardstick of value.
Not one of them expected to go and
convert it into metal. In every sense
of the word, virtually, that §10U hill
was '-fiat money" money containing
no intrinsic or commodity value; yet,
it beautifully performed its function,
and its forceful history is unconsci-
ously told by a banker who no doubt
views with horror any suggestion of
"fiat" money or a circulating medium
not based to some extent at least, on
precious metal commodity.
Another point: If a thousand mil-
Quite a number of disturb-
ances arose and several men lost
j their lives. Numerous horses were
killed in the run and many of their
i riders. On Sunday the trains began
a iife time. minutes they found the townsite oc-
If Cleveland is a democrat, what cupied. Seven minutes after twelve
were Calhoun's poltitcs ? the gulches around l'erry produced
j enough men to settle the town. Other
. ~„,i towns were simiarily occupied, the
Society has become accustomed to 1 1
- ...... ,r, I honest settler was outgeneraled by the
some very nice distinctions, 1 lie
•ii • i• 4 • f i i.A I sooner
poor man is called a socialist it lit lie-
lieves that the wealth of the rich
should be divided among the poor,
but the rich man is called a financier
if he devises a plan by which the pit-, bringing back the disappointed in
tnnee of the poor can be com ei ted to . great mimbers and by Tuesday the
his use. The poor man who takes | pra;rje schooners were passing
property is called a thief, but the j ti,r0Ugh Norman on their way home;
creditor who can by legislation make antj each (|ay the number in-
a debtor pay a dollar twice as large as ! creases Nearly all of the Norman
the one he borrowed is landed as the b0yS report they just went for fun
friend of sound currency. The man ant] we presume that that is true: as
who wants the people to destroy the \ they got nothing else but dust, The
people is an anarchists, but the man opening of the Strip has stagnated
who wants the government to destroy business more or less throughout Ok-
the people is a patriot. lahoma for the past six months; but
^ now that the agony is over business
A man who has any money these perhaps will brighten up some and
days isin a mighty hard row of stumps the people be Jietter^satislied.
unless he happens to own bonds if TK( |.- n NCTION OF JIOXKV.
he has it in a bank he is constantly . -
.i 11 .1— ti,„f III.. Forcible Refutation of the "Intrinsic
made wretched by the fear that tin value" Fetish.
bank may wink out. if lie draws it 'c^e following from the Washington
from the bank and it is not knocked _ Qiironiclc, a republican paper, is so
would perform with entire satisfaction | j0|) dollars of paper currency is based
the function of stable non-tluetuating on s|lv one hundred million dollars of
"gold reserve," which is the bankers'
fraud and deceptive theory of circulat-
ing medium, isn't nine hundred million
dollars of tnat circulating medium,
that paper currency, 'fiat' money pure
and simple ? Certainly, and the float-
First Door West of Magtnre's Implement House.
I). W
Marquaht,
President.
S. H.OwKNh, W C. Crawford, A. C. Maker,
Vice-Pres. Cashier. Ass't. Cash
Citizens Bank of Norman,
(INCORPORATED UNDER THE LAWS OF OKLAHOMA )
CPAITAL STCK $50,000.
M
O DIRECTORS: O
D. W. Marquart, W.C.Crawford, S. B. Owens, O. H.P.Catron, J.
Daniels, D. L. Larsh, Lee Catron.
By-Laws of this Bank provide that no stock can be issued to non-residents
of this county.
circulating medium, or measure of
value or yardstick of business.
The Shvlocks, the money changers,
the Wall street speculators, the stock
and bond gamblers, the disturbers of
our finances, the panic snorters, who
of
are the fungi of our business life, j jng 0f it as based on gold is merely a
would, of course, prove a worse traitor! dignified "confidence game played
than Benedict Arnold, and would tie-! Upon the upon the confiding users of
cry such cuirency as valueless because the engraved financial yardstick, the
in had no metal commodity behind it.! measure of value. Why not be honest
and many foolish people, at first,; un(j appeal to the intelligent people to
might join in a panic, and depreciate j discard a metal money, a commodity
it, though not one in ten thousand of (,f intrinsic value, and as one great
them would care a continental milldam 1 government family agree rpon a de-
if they did not see a piece of gold or nominational circulating medium,
silver once in five years. I supplied by the government, the pop-
Banker Lyman .1. Cage, of Chicago, i ular uniform greenback, to an amount
has recently told a story that perfectly not to exceed double the total bebt
illustrates the function of currency, payable yearly from the people to the
its only function—viz: j public creditor. This one demand
After the panic of 1873 I visited | '< ' the popular greenback,a currency
a not distant town of moderate size, in which the real people have coi.fi-
and from the most important merchant j aence. would float it always on the
in this place 1 heard this storv: 'For ,,f !l hi-h wave of confidence and
a week or ten days during the panic,'
he said, 'business here came to a
standstill. We did absolutely notli
ing; but one day we received a one
hundred-dollar bill by express from a
distant town, with a direction to credit
If you owed $100 taxes to
the I'nited States, #100 to the state,
$100 to the cit\, and SI 00 other pub-
Iic dues, and one year, and greenbacks
at their legendary face measure in dol-
lars were always receivable at par
Subscribe For
PEOPLE'S VOICE.
Largest Circulation of any Newspaper
in Cleveland County and the only Peoples
Party Paper in Southern Oklahoma.
PUBLISHED EVERY SATURDAY.
ONLY Sl.00
A YEAR.
An Advertisement Printed
in its columns will be Read by
more People than any other
Paper in the County.
\
it upon the open account of the sen- therefor, you would feel about tax-
der We looked at the one hundred- Pa.V> g time ti,at those yardsticks of
dollar bill with interest and curiosity, i finance had wonderful intrinsic value
and after conferring together con-
cluded to send it to Mr. A, to whom
over by highwaymen on his way good we insert it entire. It shows that j we owc<1 a snl:l" :u r'>l'"t'
home, he either puts it into a hay- opposition is generally awakening ; that lie .is in m i d. A
stack which is struck by lightning, or l0 tju, facl that the Populists are right. in ,liu afternoon a wagon mak< i t .nm
in a hole in the ground where it is <)n(, i,j one the unbought unbribed into our ollice with a uo.w moi i on
mildewed or in an old shoe where it is papers are edging over on to the
stolen or lost. All this causes a man Omaha platform. The only honest
to lose his faith in human nature and money is the irredeemable treasury
makes him want to emigrate to Africa note receivable for all dues, a legal
or Arkansas, where this cruel civi- tender. It is as good as the govern-
just as good and stable as gold and
silver ?
This debt paying capacity would in-
vest the greenback with a potent in-
trinsic value that would never desert
it. The banker, or moneychanger, or
his face and said. 'I am glad to pay stock-gambler or editor found slan
you $100 on account. It is the first deling it or attempting to depreciate
money I have had in a good while, it should be lashed at the whipping
We took the monev from his hand and post for the first offense, and shot as
discovered it to be the
same note we | a traitor for the second.
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Allan, John S. The Peoples Voice. (Norman, Okla.), Vol. 2, No. 8, Ed. 1 Saturday, September 23, 1893, newspaper, September 23, 1893; Norman, Oklahoma Territory. (https://gateway.okhistory.org/ark:/67531/metadc116250/m1/8/: accessed April 24, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.