TI-IE FATHERLAND (31
great people. It is an undemonstrative, conservative and industrious
race, that forms the bone and siiiew of our nation, and when it is
deeply wronged, IT NEVER FORGIVES, AND IT NEVER
Have you read the oflicial organ of XVall Street ((.'m:inu'rcinl and
liinanrial Cliruriiclc, July 31) and the warning it has addressed to
you? It says:- ‘
“The war order business will in any event be of short duration.
There may be large immediate profits (waiving altogether the ques-
tion of risks), but these large profits cannot in any event last very
long. But the prospect of these large profits, albeit of a very risky
nature, is being dangled before the eyes of the public and a gigantic
speculation is being carried on, evidently by powerful cliques, with
the view of utilizing the situation.
“Similar schemes have been worked in the past, but never has
the transparent character of the undertaking been so manifest as on
the present occasion. It is the duty of all who are in position to
influence PODular sentiment or who have access to the popular
thought, to warn the innocent public against allowing themselves
to become the prey of the designing band of manipulators.
“Has not the Stock Exchange a duty in the premises which it
should not neglect to perform?
“The Stock Excliangc aullxorilics mus! proceed as the District
Attorney would in fcrreting on! crime. And after the offending
Parties have been discovered, further dealings with them or for
them must be prohibited."
These are pretty strong words, Mr. Noble, but do you know why
lh9.V have been uttered? All over the country PC0919 3"? “'l‘hd““"'
hlil their money from banks of deposit and demanding gold. The)’
have learned that the Money Trust, which is selling war munitions
to the Allies, cannot get gold from the latter, and is now using the
l’e0Dle's money to reimburse itself. French, Russian and British
Securities, received by the Trust from those countries, are being
planted in all the banking institutions, which are loanini: the Pub‘
hC'S money upon them.
If you do not believe what I say, send to me and I will show you
‘he written admissions of banking oiiicials to that Chet“-
Russia is bankrupt, one-fourth of France is in ruins, and Great
Britain has scaled down the principal on the premier security of the
British Empire, COMO]; which it redeems at only two-thirds of the
Val‘ Value in new securities. These countries will not hesitate t0
Wake 3 Dartial default on the securities planted b)’ the Momiy Trust
"1 American banks, on which it has borrowed the P909155 "‘f"“ey'
when that day comes the “fall Street banks will have to C3" In the
1"3“5 they are makirig on the inflated war stocks. And the War
Stock gamblers will have made another Panic-
Do you remember the panic of 1907, which was precipitated by
the Wall Street stock gamblers? Do you recall? how the streets in
the financial district were filled with the mob, and the steps of the
Sub-Treasury were black with them? Don’t provoke them to come
like that again, for in the year 1915 the results will be different.
In 1907 you relied upon the Elder Morgan to save the district.
But now the Elder Morgan is dead, and can no longer lend Wall
Street the millions he obtained from the United States Treasury,
and you have only Britain's munitions Agent to depend upon.
The other day, Mr. Noble, you issued a defense of the Stock
Exchange. Sleek, smug and smiling, you leaned back and blamed
the “speculative excitement” and said that “human nature" could
not be curbed. Caveat errjrlor, eh? Let the buyer beware.
But you well know that you can regulate the transactions on the
Exchange. Does not the Constitution of the State prohibit horse
racing and gambling? Did not the Hughes Committee, which
investigated the practices of your association say: “In its nature it
is in the same class with gambling upon the race track or at the
roulette table, but is practiced on a vastly larger scale. It involves
a practical certainty of loss to those who engage in it."
If you do not wish'a Federal regulation of the Exchange, which
will permit an inspection of the methods used in the manipulation
of the war orders, then call a meeting of your Board of Governors
and proceed against the war stock gamblers, and strike all the
manipulated stocks from the Stock Exchange list. Abolish your
useless publicity bureau, and devote the large sums thus uselessly
spent toward reimbursing in some measure the miserable victims of
the Stock Exchange gamble.
You are the responsible head.
I urge you most earnestly to take this step.
You and I know why you have excluded the‘ public from the
gallery of the Stock Exchange, why you have installed your wire
netting and posted your guards. You fear that some poor wretcli
who has lost his all in the war stocks swindle, may try to hurl a
bomb at the men whom he blames for having-despoiled him. Or
that some crackbrained foreignermay attempt the act, because his
brother was killed abroad by the Money Trust shrapnel.
In that you may be right or wrong. I have no opinion in the
But if you do not act quickly, I fear that you are threatened with
a much greater danger, from which wire nets and armed guards
will fail to save you and your members, and that is the condemna-
tion of the GREAT SILENT MAJORITY. .
' SPAIN IS PRO-GERMAN
CCORDING to a London special cablegmfl‘ i0 Te
New York Times, the Spanish people, outside of tie
Immediate court circles are enthusiastically pro-German,
‘md refuse to worship at the shrine of the self-styled Pm‘
tech)!‘ Of the weak nations A strong movement is on foot
"1 Spain to seize Gibraltar, am] more than 10’O00 messagis
of g00d cheer were received at the German embassy in
Madrid on the Kaiser’s birthday. Premier Dato had to
Protest against the demonstration.
The Madrid Tribmia declares that German)’ h‘"‘.5g"eve,r
cen a peril to the small nations as English navahsm, lb
and ”1‘Va)'9 has been It says: “It is Engmh namhsm
which Prohibits us from fortifying our coasts an
us to act in the straits of Gibraltar as if we were :1 SlI1V'3
“W0”. The world should Greet a German victory With
. 5 "
103’. because then the English tY“'““1Y Over the Seas M“ be
hat although Ge"
Another Si ' ' is t
.gmiicant circumstance . O L .
fighting in Africa,
man and Portuguese troops have been
(1 forces -
the diplomatic relations of the two countries have never
been severed. Public opinion is against fighting for Eng-
land against Gemiany, and recently, when two regiments
of Portuguese infantry were to be put aboard a troop-ship
for an unknown destination, the soldiers refused to board
-and marched back to their barracks to the joyous shouts
of a tremendous crowd.
SEPTEMBER 6-PEACE DAY FOR
ET all who stand for peace and our country’s
freedom from British dominion help send dele-
gates to the National Peace Convention in Chicago
on Labor Day. Let the attendance be so large that‘
the loud voice of the people in their demand for '
peace will drown forever the jingoncry ofwar. And-
let us there make a new Declaration of Independence.‘