Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1869-06-15
capital-or 10 60 to work with it and circulate
it and live by the sweat of his own brow like

capital-or 10 go to work with it and circulate
it and live by the sweat of his own brow like
other people.
The same results would necessarily follow the
same premises in regard to mercantile and
nercial operations; and having already, in regard
to agriculture and manufactures; used special in
stances for the purpose of illustration it will not be
necessary TO be equally tedious upon this other
the came reasoning that applies to the former APP
plies equally TO it. will then, sir, conclude by
repeating in regard to merchandise and commerce,
that as in the of agriculture and manufactures
too, if you will sweepaway all banks, and paper
money, and usury, you will infinitely increase the
number of those who will be engaged in 1t. and
share it's splendid profits aud their account
and the hirelings and white slaves of others
Where one man through the favor:tism of theses
tificiaI contrivances cheat labor and monopolze
property, to- wit: Banks, Uaury, and incorporated
Credit, NOW do a business oil million OF dollars,
TEN would do a business of one hundred thousand,
and where ten do a business of one hundred thou
sand, one hundred would do business of tea thou.
sand , and downward through the scale OF all
business, men could enter into and compete tof it's
profits according their inclination and means,
the autocrats OF their own persons their own hours
their means and credit, and freed from the des
potism of cunning, greedy, overreachng and CON-
soLIDArED capitalists Sterne has said somewhere
self is equal the world over.'' He is only in danger
when you double team on him. Teams are dou-
bIe5 on him by uslry, INCORPORATED CREDIT, or
BANKS and the perversion ofInoney-intendeds sole
! ly for the exchanges of wealth producers-to the
nefa rous nurnoscs of the unproductive Spectator,
stakeholder and gambler And it matters not
whether this peryersion and abuse OF money Is per
pcrated by the petty note shavers and brokers scat
tered all and through the towns, and villages
and hamles of the land as the RETAIL ROBBERS, or
by the bulls and bears of Wall street WHOLESALE
robbers md rogucs the effect is the same, the rob-
berry and spoliation of all the wealth producing and
Iaboling classes and the concentration of all they
| produce nothing! To chew you, Mr.. Wade. how
this thing is done on the WHOLESALE SCALE, will
WEEKLY DAY Book, of Feb. 9th, in which he de-
pcts the operations of the money mongers in stocks
the cooperation of those immaculate institutions
the BANKS, with them in their wholesale plumber
and robbery OF the people: and find fo week
FIVE, ten, fifteen millions of money tied up by the
bear clique to reduce the quotations OF the stock
market. We find banks, whose otiicials maintain
| a character for responsibility, entering into com
bnaon to retire these huge sums to depress stocks,
| that the bears may load up at Low FIGURE; and
when thus LOADED the whole clan turn bulls, let
out the millions, give securities an upward turn,
| and when high enough to suit their purposes,
| load and make hundreds of thousa uds clear. Strn
eenCy ia gain inauguratei through the locking up
process, to be followed by ease and expansion, and
the game of buying when low enough, to sell when
| high enough, is repeated. These men, as Ignorant
of the laws of political economy as OF the laws of
this country created for their especial benefit,
that stock gambling is productive occupation
that their transactions of hundreds of millions per
| year are helping this country onward in all that
| makes people great and glorious In the mean.
blasted by the lightning stroke. No fostering of
| the growth of NATIONAL WEALTH, which that thing
called money is under proper circumstances able TO
do ia kcs place. Money, which is the agent of the
wealth producer only, and not the agent of mere
SPECTATORS, is made to serve the latter at the ex
pensc OF the former, aud general prosperity ID lett
| 10 DEF
While these operations were going on, Mr.. Wade,
hund. eds OF merchants and manufacturers and use
ful men in New York ruined and the prices OF
ali agricultural products all over the entire country
were reduced in price Wheat, here was reduced
/ have doubt that your own constituents. in the
Buckeye State, felt itin their wheat and corn, and
of
had for sale. / urge you then, ''two OF you;'' aye,
ten of you aye, the whole Senate, to take hold of
and TO hold these robbers. .'One' can hold the
down trodden and desoate South; at least in her
present frame of mind. How it may be, when the
white masses of the North and West shall find out
and they will find it out-that they have common
cause against their common robbers and murder
ers, l will not answer.
an, sir. very respectfully yours,
JNO. A. THOMSON.