The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1869-10-30
BY B. FRANKLIN CLARK, NEW YORK.


NJ lndividual-no association of indivId-
uaIs kor State, or nation, can be prosperous
and ale unless It stands upon a well under
stood financial foundation, which we have
not, 10 this country, At present, any mors
THANH our houses, factories and stores can
stan1, without good and substantial foul-
datidn-or an individual can be respected in
socidy, or nation among nations, without
obeylng the moral law.
Mlney il a medium Of exchanga, and is as
necel sary to Business as the air we breathe
is To- keep US alive.
have not in this country half as much
as Hagland or France; and we need more,
becaEse we are more active people and our
uIry is undevelOpsd. We need green
bAcV or Treasury notes, anl plenty of
theuR, based on the Government debt, and
conVertible, from one to the other, at the
Optiln Of the holder, until the debt is paid,
and then on real estate. Government has
tAe bower to do this without specie redemp-
tioDs Congress has the power to create
mO[ey Of paper a. well as OF metals. Money
is Feate1 by Law, AMI made legal tender
by hW, and not fjr any intrinsic value that
it bay possess. The money Of nation
shd lld Be national, aud not sectional, as we
haIa had it; and should be supplied by the
National Government and not by States.
Backing should DE as free to all who have
thlcapital as manufacture, or farming, or
any other business. Why not Specie
PAD ments is lallacy hardly worth consid-
eraii on noe, because impossible. We have
no4got the coin to do it with, and never
haze had, because experience shows that
thde has never been more than from to 10
ped cent. Of il on hand in specie paying
tiuIeS, but as soon as there comes panic,
ank everybody wants it, "specIe" payments
ard Suspended-till wheni Till everybody
wshts it, then it is resumed We want no
sukh fluctuations in cur Gu rency, aud there
is b need Of it.
TheTe is TO more necessity for making
m ney out Of the precious metals than there
ia For making gol len Yardstcks, or weights
adj measures out of gold and silver.
X represent the National Currency and
Fee Blnkipg Association Of New York. We
aAs working for the greatest reform of this
o1sny other age, because the money 9ues-
tim lies at the foundation Of all others
What can you 90 without money! We arc
f4ends Of labor, aud wish to assist labor 10
II struggle with capital. Capital has an
advantage now over labor that Il should not
phssess.
ICsLital can be "lOckej up" As il is c allied
Wall street, and borrowers compelled to
Ehy any price, and have paid as high as zoe
II 300 per cent. for the use Of it. True, q
HU leading brokers may be 6ned for doing
but that does not make money plenty OF
Heep the manufacturer, merchant, artisan OF
IIner u obtain money at reasonable rates
d. interest 10 do q Legitimate business with
hut it We have a national currency based on
Iovernmc bonds, and convertible, ~ thC
cotton u he holIer, none of this trouble
kJuld occur, because It would b. impossible
br any one, or any association, to 50 "lOct
10" money as to contract the money Of thu
kOuntry, because any one holding . govern
Ineut bond could get 1t cAshed 1t any time
Ind when be had no further Use for thu
honey, could obtain his bond again thu
taking the control Of money out Of tn
bands Of capital and spectators and putting
into the hands oil the people, where Il be
: longs; and this would be of more :nehL &
, labor than all the other reforms that hav
, tver been thought Of, because it secures em
> Eployment to every one, develOpes the coun
Ikry, enables US to pay the taxes and get gu
Aof debt Thus the government debt can b
tmate q national blessing; but in no Othe
tway A national d-bt IL not a nations
blessing, any more than a mans debts are
i blessing to him; and | believe debts ar
Icurses instead Of blessings. We shOul,
keep out Of Debt as much as W. can. Tn
bible says, "0we , man anyth nS"
4 A DEBTOR is a slave t. his creiitor, az
e wc are slaves now to England. The lahore
should batter understand the situation
( nov he Is taxed on every thing be eat,
= 4 drinks or wears, and on the house that give
81 him shelter, to pay tue deb. LIT him be-
II ter understand how he supports Al army 0
II tax colectors-non producers-np% consU
II ming the best part Of his earnings, whic
II shoul 90 for the comforts Of his fam:l,
ii Let hun understand how much easier
would Be to pay the governmeGt debt 10y
II new monetary system better adapted to 0;
81 present condition, and then let him ieGLi;
j bis strength, VIZ that he has nine tentns
the votes. Labor has Q votes to capitals
4 but capital buys enough o. these votes
make a majority. Shame on the laboriI
81 man that throws away his vote, or sells it
n a politician or capitalist. Arouse ye sLIU
and assert your freedom from politicians a
capitalists. Vote for no man, for any otti'
II who is not a member Of a workingman's {
II ganizatioD, or a SWORN frien Of she wOr
u ingmau. But also bear in mind that men
n labor il four times more eXlau >tInS to
IL body than manual labor, AMI give cue ere
T. to the friend who works his brain Tor 20
\" benefit while you are sleeping.
T. You are 4,5OO, 900 strong against 6OO,u
r. capitalists, and can OO.-vOts them 10 &
ID proportion, If you do not sell or give aW
"a your votes. Then why make vOlunts
slaves Of yourselves any Longer! Say