Fletcher's State Rights Farming. (Hondo, Tex.), Vol. 13, No. 1, Ed. 1 Wednesday, August 1, 1934 Page: 1 of 16
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A. D. Jackson OK
COLLEGE STATION ti.*
FAPMING MUST PAY OP THE NATION WILL PEPISW - Geo. B.Terre//.
FLETCHER DAVIS,
Editor a**d Publisher
Entered as second class matter June 24, 1922, at the Postoffice at Hondo,
Texas, under the Act of March 3, 1379.
One Year, 50c; Three Years, $1.00
Single copies, 5c.
VOL. XIII.
HONDO, TEXAS, AUGUST 1, 1934.
No. 1.
REDEMPTION MONEY OFF-HAND OBSERVATIONS
By P. A. Spain.
Special Correspondent.
By R. R. Claridge.
Staff Correspondent.
Under the head of “Readers’
Views”, I recently read a splendid
letter in a newspaper. This paper is
one of that class which does not of-
ten print things out of tune with its
notions, and hence, if its position is
wrong, then it is inclined to print on-
ly the “Views of Readers” who are
wrong also.
While this letter referred to was
a fine one, it was very wrong on the
main question at issue; and that must
have been the reason that stand-pat
paper printed it.
I refer to a letter of Gibbons Po-
leet of Roxton who gave his rendition
of the history of the Gurnsey Market
House. It is an old story, and always
a beautiful and instructive one, and
Mr. Potent wrote it up in his inimit-
able style and made it worth the time
for reading by any individual.
But he got one part of the history
stated wrong, and that wrong state-
ment fearfully marred the value of
the whole story. The people of
Gurnsey issued what is called Town
Scrip for money, and used it in the
erection of a huge market house.
The story of this work is not a
myth. It recites an actual occurance
that took place a little over one hun-
dred years ago on the Gurnsey Is-
land in the English Channel. The
history of this transaction disproves
all the arguments, and puts to com-
plete rout all he advocates of what
is called “Redemption Money’.
The real fight,—the biggest fight
—that will come when Congress at-
tempts any real change in our money
laws so as to get us out of this de-
pression,—that fight will come on
this question of “Redemption Money”.
We will get no permanent relief
until this question is thrashed out
before the people and in Congress,
and it is proven that “Redemption
Money” is as fraudulent to the peo-
ple as a “marked deck of cards” in a
poker game. Yet Mr. Poteet seems
to put himself on record as indorsing
it, but I am sure he does not so aim.
Some people do not know exactly
what is meant by “Redemption Mon-
ey”. Well, it is like this—All the
gold owners and silver owners con-
tend that all paper currency must
have some gold or silver piled up in
the Treasury for which this currency
can be swapped whenever desired.
This gold and silver is called “Re-
demption Money”, and it gives to the
gold and silver owners full control of
ell currency issues.
In other words, the gold and silver
owners of the world have managed
to keep our nation on what is called
the gold standard and have so con-
trived to make all paper currency ex-
changeable for gold or silver at
Washington. Our pdople have been
perpetually taught the heresy that
“Redemption Money” was necessary
to make a sound money system. Well,
if that is a sound system, don’t you
think we would better change ours?
Look what it has brought us to.
Now then, let us get back +o Mr.
Poteet’s story. At one place after
the scrip (paper money) had been is- .
sued and had been used to build and
complete the market house, Mr. Po-
teet is made to say “The city will col-
lect the rent on the market stalls and
then every few months call in some
of the' scrip and pay money for it,
and cancel that much scrip.”
Now this statement is the biggest
error I ever saw in anything Poteet
ever wrote. I wonder if he did not
sleep while he wrote that sentence,
or if an enemy did not come by night
and sow tares in the field of his man-
LEADER IN GOVERNORSHIP
RACE.
HON, JAMES V. ALLRED,
uscript. The Secretary of the Gurnsey
City did not get any “Redemption
Money” elsewhere and take up any
of that scrip.
He simply took in the scrip as pay
for the rent on the market stalls, and
after all the scrip had been re-col-
lected back into the Treasury, the
Governor of the Island then called a
meeting of the people and destoyed
by bonfire, the whole pile of scrip
after it had done its work so well as
a medium of exchange.
The whole experiment of the
Gurnsey Governor was made to
prove to the world that cities, states
or nations could get along better for
the peoples’ good without paying in-
terest, or borrowing English or
French gold based money; and he
proved it beyond any doubt whatever,
and to this day the Gurnsey people
are prosperous and happy, usin -; the
same method of finance in construc-
ting all thier public enterprises, such
as city halls, courthouses, roads,
streets, water and power supply, sew-
erage construction, etc. Let us keep
the records straight and all profit
thereby.
P. A. SPAIN,
- Paris, Texas.
RUNNER-UP IN GOVERNORSHIP
RACE.
TOM F. HUNTER
Regarding the Bankhead bill, I
move to amend by striking out bank
and inserting “bunk”.
A lot of talk about a crusade
against crime. The home, the church-
es, and the schools are the places to
start it.
But what of millions of middle-
aged parents who crowd to view the
bullet-mangled carcasses, of a whole-
sale murderer and his female drab?
And the schools? Well, if they do
nothing to encourage crime, what
are they doing to counteract the
tendency to lionize the criminal?
Down to very recent years, persist-
ent anemia was regarded as incura-
ble, till a young surgeon discovered
liver tvs a remedy. Did he get his pic-
ture in all the Dig daily papers? Not
on his life-saving’ discovery. The
American Medical Association gave
him ten thousand dollars, but ttie
only chance the world had to see
how he looked, was in a Medical
Journal or two.
But when a wholesale murderer,
bent on beating his own bloody! rec-
ti d, was getting the first shot at the
peace-officers with a scatter gun,
millions ail over the country, were
grabbing the morning papers to see
if he was still running loose. Of
course, they did not over-look his
ucubie-column picture, with the
“inset'' of his lady-friend.
And when the rangers finally got
him, they were criticised by more
than one paper, because, when they
It id him to halt, which he did not do,
they didn’t give him the tirst shot.
And, as to how piany perverts sym-
pathized with this flare-back to the
timber-woa, one guess is as good as
r.iiother. Pausing to reflect that acts
causing only horror in the mental
and moral complex of normal human-
ity, is liable to start the snakes to
crawling in the minds and hearts of
the abnormal.
Finally, fellow citizens of these
United states, why wonder at a
crime-wave, which threatens destruc-
tion to what little is left of the im-
perfect civilization the ages have
developed. If the homes, the churches
and the schools fail to head a moye
to meet the emergency, the cr&Bh
must come. And then what? Tfet
Lord God only knows,
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Davis, Fletcher. Fletcher's State Rights Farming. (Hondo, Tex.), Vol. 13, No. 1, Ed. 1 Wednesday, August 1, 1934, newspaper, August 1, 1934; Hondo, Texas. (https://texashistory.unt.edu/ark:/67531/metapth555495/m1/1/: accessed June 10, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Hondo Public Library.