"For nearly one hundred years after the establishment of our Republic,
notwithstanding the prevalent 'wild cat' banking system as it was
called and the absurd reverence for the so-called precious metals,
the people of this country were practically independent of the great
Gold Power which had its headquarters in Atlan. While the founders of
the Republic had made gold and silver coin the standard money of the
country, they reserved the right to issue treasury notes and also to
make them a legal tender, and as there was no great debt, and land
could be had for the asking, the economic independence of the people
could not be entirely crushed out, and therefore Altruria offered an
effectual barrier to the encroachments of the gold power. Before the
people could be actually subjugated financially, a vast bonded debt
must be created, and in order to induce the people to agree to such a
debt, the life of the Republic must be placed in jeopardy. A foreign
war was not to be thought of, as it would arouse to fever heat all of
the innate democratic hatred against aristocratic rule of every name
and description, but a war between the states would serve the same
purpose.
"The conditions that made such an interstate struggle possible, had
unintentionally been provided for by the founders of the Republic. At
the time when the Republic was established the colored people were held
as slaves in nearly all of the original colonies. This institution was
regarded by the founders of the Republic, as inconsistent with the
spirit of its institutions, and it was unsparingly denounced as the
'sum of all villainies' by a large number; and one state after another
emancipated its slaves, and new free states were admitted, until the
country was practically half slave and half free.
"In the manufacturing states uncultured slave labor was not profitable
and hence there was but little objection to its abolition. But in
the agricultural states such labor was valuable, as the old world
furnished an unfailing market for all the surplus products. The gold
power of Atlan took advantage of the situation to sow the seeds of
discord between the two sections.
"Missionaries were sent into the manufacturing states, papers
established and literature distributed appealing to the sympathies of
the people in behalf of the slaves and creating a public sentiment
against the slaveholding states. These anti-slavery missionaries came
in the name of religion and humanity and it cannot be denied that ample
grounds existed for all that could be said against chattel slavery,
but the PURPOSES for which the anti-slavery agitation was used by the
Gold Power were, if possible, to destroy the Republic, or failing in
this, involve the country in an interstate war and induce the patriotic
lovers of liberty to consent to the establishment of a vast bonded debt.
Public-domain text, read in full here on John Shaqi.
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