The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1869-04-24

10 place q little cost. and DO carried about
In the pocket fpy, every day nses. withosi
| hindnneea o. inconvenienog. Lyosrgus
nonsy, "a, tsok yoke Of ear 70 pun :
kandred sdoilax. ~ too slinbsesons, il
tas Justine dpo@Ils Y ! convenient cnr-
rspcy. III nuk " sonvsaisnten -; all
who dssire to Use - nust be able % get
10 without bar or hindrahoes BY . simple
compliance With thu law.
Itmust be abundant. There pust Be 20
limit . its quantity, except the laws Of
supply and demand I; 70 limit the amoupl
In dollars, and say no more ssail be issued,
Il 10 create monopoly; 10 place mach In
the hands Of some. and none in the hands
Of othsrs, a 10 create borrowers and lend.
era, and place the borrowers Of the mercy
Of the lenders. II few men can contro
Ill shs -Four there 10. they can fx their or
price. and the people must pay n. IL Z
few msn can control all the money there L.
they can fx their own rate Of interest, and
the borrowers must pay il
Msney--aH money should be created By
the governDsnt, oat Of material that win
admit Of no speculation. The government
should be the only lender, and should lend
at the same rate Of interest 20 all borrowers
and the government rate Of interest should
never exceed ons and a half per cent. Thi'
would secure an abundant currency at al
times, and under all circumstances.
lsshoaid be inexr ortable; that 10 ID should
have no valae oatside Of our own country
A money that can be taken out Of the
country, either to settle balances OF trade
to purchase goods or property in Other
countries, or for any other purpose, is moi
. safe, reliable currency, because svery
dollar taken away lessons the quantity
creates q vacancy, and to that extent un-
settles values and disturbs the whole bust.
ness Of the nation.
When We have secured these five neces-
sary qualities-cheap, safe, convenient
abundant and inexportable, we will have .
Democratic money, we will no longer pre-
sent to the world the Inconsistency Of q
Republican govern@ent with a monarchial
currency.
"HALF ENOUGH TO LIVE UPON,
A committee of the New York Legislature
have been lately holding meetings in New
York city, to examine into the workings Of
the gas companies Of that city, com.
plants as to extortionate charges, and the
poor quality Of the gas, having become %
great as to force that body to take action.
The committee have had before them TOE
officers Of the various companies, and have
unearthed facts that will be very in teresting
10 the gas consumers Of that city, and viii
no doubt result in radical change in the
system of Supplying gas. But for "oci ef-
frontery the evidence of one John ii. Adams
deserves q place in history. When asked
what salary be received as president Of one
Of the companies, be readily answered
''about half enough 10 live upon" When
the amount was demanded, he said 81, 00C
per year. The next question was, "Whal
do you pay for labor !" "Well, we are nov
paying 81 per day, but We have recently
paid bul $l.75.' When Il is remembered
that in the manufacture Of gas, the employ
es must work seven de 70 q week and twelve
hours day, and that for this they receive
the magnificent sum of $3.50 per year, pro-
vided they work 365 days, the liberaiity OF
this company can readily be "fgured up"
Shame To only give their President shalt
enough to live upon" and pander to the
vicious tastes Of their other employees BY
giving them $3.50 per year. Reader, get
out your slate. II $4,000 lie "only hall
enough to live upon" how much living can
be had out of $730. Answers inserted
gratis.