stall-fed speculators of Wall Street in times of financial stringency, it is time that the government was coming to the relief of the common people; that loans from the government should be made at a merely nominal rate of interest, not to exceed two per cent., because any higher rate is a congestor of wealth and gives capital a leverage over labor; that money-loaning as a business, except on such a basis from the government to its subjects, should go out of fashion, and might be expected to disappear under a proper financial system; that the unemployed capital of the country would then seek investment, labor would then be employed, factories would hum and the credit system might go to the dogs; that rates of interest cannot be satisfactorily regulated by law until we have banks that are national in fact as well as in name, managed by salaried officials of the nation whose duty it shall be to make loans at cost, under wise and conservative rules, to those needing them who can bring themselves within the rules; that the proposed sub-treasury and land loan plans are suggestions in the right direction and calculated, when perfected, to bring the government into touch with the needy citizen, and make of it a distributor as well as a creator of money; that paper in the shape of checks and drafts already transacts ninety-one per cent. of the business of the country, and might be trusted to properly supplement our currency and make supply equal demand, were it not that the great bulk of our people are not known beyond the communities in which they live, and therefore are debarred from using checks to any extent in the outside world; and that each piece of national currency, issued as a full legal tender, in the hands of the people, would be in the nature of a certified check, enabling the citizen to do business with despatch anywhere. Running through the above statement of the independent doctrine of finance, we see that three ideas are most prominent. First, a desire that the government supersede avaricious man and blind nature in the creation and distribution of money, in order that money may be a stable purchasing power. Second, a determination that money shall no longer be a commodity to be bought, and sold, and manipulated, a leech upon labor in the hands of a few, but a convenience of trade, accessible to the many at first cost. Third, a demand that the misnamed national bank system of the present shall have its spirit of greediness exorcised, so that it may hereafter serve the people instead of its management. Are these ideas indefinite? Do they not mean "money at cost"? We would now call attention to those facts which the western farmer says have opened his eyes, made him indifferent to the sneers of the banking class and its servitors, and fixed him in his purpose to effect a permanent change in the financial system of the country.