l8o HISTORY OF THE WHEEL AND ALLIANCE. 



amount that is needed, because under it the greatest 

 abuses may prevail, but a certain adequate amount that 

 adjusts itself to the wants of the country at all seasons. 

 For this purpose let us demand that the United States 

 Government modifiy its present financial system: 



" i. So as to allow the free and unlimited coinage of 

 silver or the issue of silver certificates against an unlim- 

 ited deposit of bullion. 



"2. That the system of using certain banks as 

 United States depositaries be abolished, and in place of 

 said system, establish in every county in each of the 

 States that offers for sale during one year $500,000 worth 

 of farm products; including wheat, corn, oats, barley, 

 rye, rice, tobacco, cotton, wool and sugar, all together; 

 a sub-treasury office, which shall have in connection with 

 it such warehouses or elevators as are necessary for care- 

 fully storing and preserving such agricultural products as 

 are offered it for storage, and it should be the duty of 

 such sub-treasury department to receive such agricultural 

 products as are offered for storage, and make a careful 

 examination of such products and class same as to quality 

 and give a certificate of the deposit, showing the amount 

 and quality, and that United States legal-tender paper 

 money equal to eighty per cent, of the local current value 

 of the products deposited has been advanced on same on 

 interest at the rate of one per cent, per annum, on con- 

 dition that the owner or such other person as he may 

 authorize will redeem the agricultural product within 

 twelve months from date of the certificate or the trustee will 

 sell same at public auction to the highest bidder for the 

 purpose of satisfying the debt. Besides the one per cent, 

 interest the sub-treasurer should be allowed a trifle for 

 handling and storage, and a reasonable amount for insur- 

 ance, but the premises necessary for conducting .this 

 business should be secured by the various counties 



