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Broad Ax, The (Newspaper) - July 22, 1899, Chicago, Illinois f out and makes by free on em gold for ware Of ude to tbat bj HEW TO THE JULY 22, 1899. 43. WHAT IS Why do we accept a Wt of paper or metal at a certain We do so because ot the credit or trust we put in that all others will take It from us at the same Withdraw this credit and we would not stoop to pick it up from The things we handle and carelessly call money are not the real but only of it. Now the tive Is never the same as the thing it we knew that If there was not a bit of silver or paper on earth we would still have all the money we and we do also know that a thing must be made out of ever is so necessary to its existence that If that necessary thing itself could not What is so necessary to money that no money can exist without There is bat one thing we can imagine and that is that very credit or con- we spoke of. If there were no such a thing as human credit there could be no But mere stagnant credit is not must be in Hence money is credit In circulation by means of popular signs or tokens And the very origin of money proves For if all human trades had been even and no debts were ever no credits given never yet been thought of. At first on some barter being uneven the credit was given to the debtor or the one who offered a thing of less value than the article he received In exchange for it. Then bits of pretty were credit being transferred to these from the no matter what are our laws about money to limit its this credit comes in a thousand forms to do the work of As to that twattle about gold being of intrinsic value and thus final ment when law so and fore us anything be payment more than payment in fact and total cancellation of the Very So when the acceptance of a creditor falls into his debtors hands that is payment and cancellation ab- A government with revenues of hundreds of millions delivers its acceptances to its wno In turn hand them over to the public that owes and is constantly owing these That is payment and above what any mere metal can ever The public credit is ways equal to the power of the public to raise As the acceptances given by the agency of the public to the servitors and contractors for- the fall Into the hands of the people who owe the revenues and pass rapidly back Into the general treasury it would be necessary to keep out perhaps twice the amount to serve as No dealing exclusively with sands of would ever need row money of as his would be eagerly received by th to pay rent Why should neglect the public that greatest basis for is But we do worse than neglect this public credit We have actually de- clared by law that a rare metal which is owned exclusively by one great house of London Is sole legal It was the policy of that house the start to own all the gold Eighty years ago the Rothschilds loaned almost quite one half billion gold to several As the gold stock of the world is under five billions that house to-day owns all the gold and the older national bonds secured by this Were they to lose hold of that would have no ity for the principal of their Had any house to us to make its own peculiar property our only legal would have regarded its impudence as and consider in doing so as beneath contempt But we have done that very So necessary Is money to the life of man to-day that they who the of the All oi our great and our richest people are the trembling servants of that one they it can ruin the greatest of them by mere The from the first secured a of the of control fte out- put This fact alone to open our eyes to the What they will do now since new methods of separating gold are found is to be Mo. PRESIDENT AND THE NEGRO When it became imminent that this country would engage In warfare with Spain over the destruction of the it was naturally that President who has always delighted in expressing so much love for his black would un- hesitatingly favor their enlistment into the for the purpose of assisting to maintain the honor of this against those who would attempt to insult her But history has most emphatically proven It cannot be dis- but what the President resorted to every scheme to prevent the negro soldiers from participating in the Spanish-American He and the members of his cabinet were very much displeased when Governor Hoge Tyler of who is a insisted upon selecting negro troops who should be officered from end to by members of their own This act upon the part of Gov. Tyler was very displeasing to the of the Their countenances brightened up when Frank S. the Republican Governor of the great State of New decided that under no circumstances would he disgrace his by appointing Negro soldiers to assist in waging the war against We could produce much other proof to that President McKinley was very unfriendly to the Negro But from or when he had thoroughly that the whites were not breaking their necks in ing over each other to it was then decided to permit the Negro to do so. Then they were transported la unfit cars to the extreme edge of the southern where they were sub- to insults of every before being to the seat of and shortly after their arrival upon Spanish one of the bloodiest and most sanguinary battles ever fought in the history of the world took and who were the most conspicious soldiers in that terrible Who continued the march up San Juan Hill amidst shot and Who saved the riders and their blatant leader or Col. from being blown into Who continued to hold Old Glory aloft and wave it over the prostrate forms of their fallen Who com- the flower of the Spanish army to retreat from their and strong It was the Negro soldiers who performed these grand and heroic acts and and no After he had performed all these im- perishable what has been his re- He has not the honor and the glory been bestowed upon who are entirely unworthy to receive How many monuments and shafts have been erected to the memory of those black who led the famous charge up San Juan and where the bones of those who fell still Has President McKinley ever intimated that it was his desire to have the re- mains of those black heroes who fell at San Juan and El Carney brought back to the United But the remains of the who had to be kicked out of the way so the Negro troops could lead the and also the remains of other white officers and have been returned to the United while the Negroes whose blood has been poured out like water on every from the war down to the present occupies graves unmarked near the place where they fell fighting for the flag which affords them no Again it might be permissible to bow many Negroes who distinguished themselves during the Cuban campaign have been promoted for performing gallant Jt Is true that some few men of the Tenth and several other temporarily that in But is it not they have lost their com- mustering out of their that President takes no stock to Negro he is ing to rid the Republican party of the of standing as father for the In spite of these cold the Hon. T. T. and several other supposed leaders of the Negro have assumed the of voicing the sentiments of the ten million Negroes respecting the at- of the in dealing with the They have assured the President that the Negroes are ing and eager to enlist to assist in helping establish a new form of in those Why should any Negro who possesses any sense be swayed by sentimental Does he not remember the treatment his brothers received from the hands of President McKinley as why should he be willing to further assist to uphold the hands of those who delight In humiliating Why should he desire to sustain an administration which looks upon him as an Inferior creature in every and only fit to fight its My do not permit yourselves to be carried away with the idea that it Is your duty to fight against the Do not permit yourselves to be further disgraced and humiliated by sounding the praise of President For he has proven himself an enemy and a traitor to the Negro COL. WILLIAM J. In the early part of 1895 The Broad Ax nominated Mr. Bryan for President of the United and it still claims the honor of being the first newspaper in this country to mention his name in that It did not desert but supported him for that office until he received the then it continued to espouse his with all the zeal it and as the American people will soon be con- fronted with another Presidential and as Mr. Bryan Is what we term the people's there cannot be any doubt as to his next year which will be equivalent to an There is much Presidential timber within the ranks of the Democratic But we do not hesitate in de- claring that our first choice for that exalted position is the Hon. William Jennings Let the party renominate Mr. Bryan and reindorse the Chicago one similar in its which will express the parties disapproval or opposition to the and By ing this course it will march on to tory in 1900. THREE FALSE Judson W. H. P. Cheatham and John P. called upon President McKinley the first of this and they assured him of the loyalty of all the Negroes throughout the and that the course which he has sued in the past in relation to the Philippine Islands and in all re- spects has met with their highest What rot and Who has empowered ham and Green to speak in behalf of the ten million Has their been any convention or ence held in any section of the country which passed resolutions in- these three political banks to pledge the support of all the Negroes to the present administration or are these three lackies of President McKinley acting upon the that they are the three great and that they carry all the other Negroes both great and small around in their alp Surely these three unknown who are receiving their bread and ter from the hands of President must that the larger cent of the colored population have be- come utterly disgusted with the ident and the dissatisfaction is spread and national in its In passing we must pause to that the leadership of Cheatham and Green is on a parallel with some of the who thrive off the misfortunes of the NiU Messrs. Cheatham and You three gentlemen do represent the sentiments of the Negro race respecting its Indorsement of ident McKinley and we venture the assertion that you who are growing rich from tasking in the sunshine of the cannot control hundred j NEW The Broad Ax made Its advent last and the Hon. C. S. Darrow was the first citizen of Chicago to walk up and plank down his towards helping to maintain it. Lawyer erick W. Job of 815 building was the second gentleman to follow suit W. E. dealer in groceries 294 W. Lake entered his name as number John H. dealer in liquors and 222 W. Lake street knows a good thing when he sees and he was the fourth to ad his name to our mailing list in this A number ot other cial citizens have become regular sub- scribers to The Broad Gen. R. A has tendered his resignation as Secretary of and there is no regret expressed over for he has been the of the During the month of August the city will be full of who will be In attendance at the two can and all who have rooms to rent or who can nish board to the visitors should make It known by advertising in The Broad Many prominent Democrats from all parts of the country were attracted to this owing to the meeting of the Democratic National which was a great The com- made an excellent selection in the person ex-Governor W. J. Stone as James A. Ross of Executive Campaign Committee of the National Negro visited Chicago the present and attended the sessions of the Democratic National Mr. Ross is favorably impressed with this city and thinks It the paradise for the The Chicago Tribune thinks it is out- upon the part of Col. William J. to receive any compensation while he is engaged in delivering But we cannot see any in and as the Tribune is the accepted organ of the its criticisms of W. J. Bryan carry but little The Popular Science Monthly for July contains an able article on De- cline of Negro by Prof. er T. Prof. W. H. of Alabama has also contributed a very article to the July These two contributions should be read by everybody who are interested In the race stock continues to climb Mr. Simon B. the power behind the Monitor his new boom in a long editorial and he sets forth in Blowing colors the reason why the ernor should lead the Grand Old Party of this State and the reason why he should receive the united support of the negro But we believe 4he groes remember the treatment which they have receivd from the Governor In the and 1A the they do not propose to be caught with such LETTER OF July 15th, 1899. To whom It may Julius F. who comes to this city well has begun the publication of Broad I am will disseminate Democratic principles and contend for the higher Intellectual development of the Afro-American race and mankind in While he is thus engaged I bespeak for him the hearty support of all loyal and true friends of Carter U. One or two energetic solicitors and also a good right-up man can find em- ployment by calling on or addressing The Broad 6040 Armour NOTICE P. of 22 N. penter who IB well and favorably known on the west side is authorized to act as agent for The Broad Ax Any to will find their way into its SOCIETY Mr. Charles Winter tor In oratory at Tuskegee is In the Miss Luetta of 4831 Dearborn has gone to Terra for a short Miss Lydia af 2967 Ar- will spend the summer in Pine Ind. Rev. Lewis a faithful worker in church and school at Pine is in the Miss Edith of is the guest of Miss La France 4206 Langley Miss Corinne of 512 56th has been seriously ill with a nervous She is improving Mrs. R. C Ransom returned to the city last week after an extensive covering Cleveland and Mrs. Jennie Crutchfield and Mrs. Hattie of 3625 Dearborn have gone to for the Miss Lillian May who was the guest of Mrs. S. B. 3112 La Salle returned to her home in Brooklyn last A reception will be tendered the graduates of the various schools at Grace church next Mrs. erica Cooper is managing the J. M. wife of Rev. J. M. of is the guest of her Mrs. Clarance on Dearborn near 30th Dr. John G. Dean of Payne Theological stopped over in town last He was the guest of Rev. He left Monday for Mrs. Emma who was con- fined by illness to her 4012 State has quite recovered her Attorney John G. Jones will leave in about a week for to attend a Masonic Colonel John R. and his Miss Essie left last day for D. where Miss Arnold will spend the summer on a visit to her Colonel Marshall will return in about two Mr. Richard A. Crolley was tendered a reception by his many friends last Monday at his 5516 Armour It vis a farewell as Mr. Crolley has now gone to visit relatives and friends in Tyber Ga. Mrs. Daisy Robinson the was granted a decree of divorce from her husband by Judge of the Circuit last She resumed her maiden name of Miss Robinson lives at 4609 Vincennes The funeral of Mr. David Henry took place from the residence of Mrs. 368 27th last his death having occurred there on the previous Mr. Henry was a well-known and held many positions of honor in his He was a member of Grace Last Tuesday Mrs. Theodora Lee Purnell gave a reception and ing party at her 43 29th in honor of Miss of who has been her guest for the past Miss Mabel of 6440 Langley also entertained last night at a dancing in honor of Miss Chapel has been celebrating its 52nd anniversary all this and every night has seen the church and the scene of much The lecture room was filled with seven presided over by the prettiest members of Dr. Carey's Mrs. Carey was the leading spirit in the and whatever success was the credit Is largely due to her work and A new industry IB springing up In Northern wells for salt water to manufacture salt for mining and domestic One company has secured 120.000 acres of salt water territory at 120 miles south of and water containing 12 per cent worth from 1 to 3 cents a MIXED There are In the United States summer Paris has nineteen theaters and four circus President McKinley has received the LL. D. degree from seven About half an average crop of ples and plums Is expected tn Iowa this Philadelphia collected as taxes on trolley company dividends last To clean pavements in last year cost about two cents a ning Buckingham Palace has a scent which on state occasions is fed with cologne The forest area of all the British possessions In America Is estimated at about Don the only son of the ish Don has just won in a Congressman Ketcham of New York has served In thirteen congresses and has never made a Simpson says he enjoys bis editorial duties more than he did his work as Baltimore has the largest negro population of any city in The census is expected to show at least President McKinley at the last White House reception broke the record by greeting 4.816 persons in an hour and forty-five The area of the Pretoria diamond fields continues to be increased by dis- In almost every and the yield from the extensive wash Is reported as highly The invitations to President ley and President attend tie Chicago celebration next October are inclosed in handsome mahogany boxes made from the old government ing at Chicago and lined with An international exhibition of postal cards will be opened in in delegate to the peace was educated at Mexican dollars are current ail over when they can cot be had block is Prof. who saw the was the first president of Yale in years to attend surh a Jacob Wail greatest estimates be has paid out in revenue stamps since the beginning of the war with Mr. Sidney the English who is now Hearing his sixth had four paintings on view this season at and sold all of The dogs in Bam well South are returned at a valuation of while the assessed value of the entire of county in sheep and goats is A toboggan slide in St. extends of a and is raid to be the longest in The descent has been made in seventy-one In Switzerland a milkmaid gets ter if gifted with a good because it has been discovered that a cow will yield more milk M soothed during milking by The cake at English weddings is ways a star Usually at a affair It is fully six feet and is a marvelous architectural ture of icing adorned with flowers and DUNS AND THEIR lovely I guess the man we bought It from sorry now he sold he's always calling to look at Brooklyn If I must write to Mr. Bray about his extortionate should I Mr. under the circum- your father at asked a is your Inquired the little tell him It Is his old I reckon he ain't at I heard him tell mamma If any came wasn't at Falls Transcript Little mamma says yon live in a haunted Little We don't Nobody ever heard of a ghost Inside of our Little but It's always haunted by a crowd of
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