But I am opposed to Banks of Issue—that is, banks which issue their promises to pay and get rich on what they owe. These are the National Banks. Render to Cæsar the things which are Cæsar’s; restore to the Government the sovereign power of issuing paper currency.
Depositors would not be endangered by our policy of expanding the currency; the more money in circulation, the more certain the depositors would be to get paid.
(3) In my Message to Congress, I would recommend Postal Savings Banks, for the reasons stated in the December issue of this Magazine, page 231.
The kind of money I would recommend would be that which the Fathers fixed in the Constitution, and which the practice of a hundred years seemed to render “irrevocable”—a system which had the sanction of Washington, Hamilton, Jefferson, Adams, Madison, Monroe, Jackson and Lincoln.
The Constitutional system of currency, as shown by the law and the practice of Presidents, and the decisions of the Supreme Court, is Silver, Gold, Treasury Notes, and the silver dollar was the unit of money.
Congress sold itself to Bank of England agents, and changed our system of currency to suit European financiers.
Mr. August Belmont, of New York, could tell you how much Rothschild money his bank spent to bring about the change.
And I hold in my desk sworn evidence that Ernest Seyd, Bank of England Agent, spent $484,000 for the same purpose.
The fight for reform will never stop till you have wiped out that shame, and have put our financial system back on the sound basis built by the Fathers.
If the Corn husking issue has been settled, please hustle for those subscriptions if you would make us happy.