The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1873-10-23
continues.

"AACA - SOOu y 70 OLb VI ~- ACBC4 |
and credits combined, which amount in
the aggregate to about thirty-one billions,
and that Is after all the people, laborers
and idlers, get their living. Out of the
increase there is left enough to pay each
owner Of property for credits 3 per cent.
on his Investment, without allowing any
thing 10 permanently better the condition
of the laboref. Certainly tbs holders of
the safest forms of property, or credits, |
therefore, ought not to expect or receIve
more than 8 per cent, Now the bondhold- |
er gets two and q half times that, not
counting tax exemptions. Other money
lenders get about three times that on an
average.
There are about seven billions of notes,
bonds and other credits drawing on an
average an interest of at least s per cent.
more than two and a half times the ave-
rage increase of wealth. This seven bill
lions of credits get therefore 800 millions
as interest out of the billion of net annu-
al increase. leaving but 440 millions to
be divided between labor, and twenty-oEe
billions of property. If property gets all
the rest of the increase, 1t would be an
average of a little over 2 per cent, leav-
ing labor nothing. (Labor lives, it eI-
lists, but it cannot lay up much). This
uSuTy Is pillng up mormon fortunes in
the hands of the rich men, and corpora
lions who hold money securities, and is
robbing the holders of other forms of pro-
ductive property, and the laborers of the
country of their far share of the wealth
they create. 1t Will be kept up Just as
long as Jay Cook with his syndicates in
Europe and his cli4ues IN America can
dictate the money feeling OF the Govern
ment."
Tho aboua avtract " nsad Nv M Of
meeting at Canal Fulton last October.
The truths it contains are worthy the con-
sIderation of all thoughtful men. Jay
Cooke was then the richest bondholder in
America. He possessed wealth beyond
the dreams OF avaricr, but about this time
was published IN tie New York Sun an
! article headed Grave Charges of Bribery
and Corruption-H3w the Union Pacific
Railroad was Managed - Buying Con-
gressmen." 1t was copied by the Stark
county Democrat
Thus those schemes that were nurtured
In fraud, that were surrounded by all the
appointments that belong to royalty, and
that bloemed with the radiance of wealth,
were destined In a short time to wither
under the ~bhghting winds of corruption
and the damning influence of self-ag-
grandiZement.
But the Republican orators say there is
no corruption in this Administration; that
its affairs are carefully and economically
carried on; that their platform contains all
that the people demand. They demand
that there shall be Civil Service Reform;
that the public lands must be sacredly re-
served for occupation and not given to
Railroad Corporations.
Their platforms would take high rank
as literary productions, and as sustaining,
and continuing a Republican Government.
But they are recognized alone by their
infractions. The negative of the assertion
holds good.
There has been no Civil Service reform
The honest men who took the platform
as a text book and attempted civil service
reform. were informed that they were too
Jealous, that they began to reform prema-
turely. that it would create dissatisfaction
amongst theses who needed reforming.
That they were precipitating a revolution
in the ranks of their own party. These
men who were actuated BY high, and
sincere motive will never forget the humil-
iation that accompanied their withdrawal.
Their services we're no longer needed. 1t
was respectfully intimated they could re-
sign. or be dismissed. These men were
blinded, they really thought the reform
was actual, not simulated. When the sub
terfuge was apparent and the causes of
their removal evident, reflection taught
them tie despotic power that the Presi-
dent and Cabinet possessed.
The Platform said the public lands
should be reserved for occupation and yet
they gave away l60 millions of acres Of
land equal in area to the 5 great states of
Ohio, Indiana, Illinois, Michigan and
Iowa an area larger than Great Britain,
and capable of supporting her entire pop
ulation. That's what they did after say
ing the public lands should be reserved
for actual settlers, and then they loaned
these same rail road builders tens of mil
lions of dollars IN bonds, IN order to con-
struct the road, and nave something left
to buy breadAnd butter for their famil-
les.
Oh yes this is an administration that is
entitled to admiration of the DeSpOtisnls
of Europe, and believes IN the doctrin
that the purse and the sword are the only
two elements that can govern mankind.
The Democratic party, and the farmers
maintain that these lands belong to the
people, and should be sold to those who
are able to buy, and given without price
to those who are not, but are willing to
occupy. Monopoly of lands, and mono
poles is feudalism. 1t builds up the
stately palace to frown down on millions
Of huts the abodes OF wretchedness, and
poverty, That, and the doctrine of entail
ments, and p~rimogeniture has crushed Eu-
rope for a thousand years. There they
hold land as tenants at will, they do not
possess 1t, they cannot buy it. They are
to all lnteats, and purposes slaves, and
they realize it. They lave no hearth, no
domestic alter, no household gold, and
| h0TTOF' Of hovs-o-c yhz7F hna.o ar Ln5no On.
hundred and sixty families owning as
Bradlaugh the English Liberal says one
half of England, one-half of Wales, one
half of ireland, and four ffths Of Scotland.
DO we want such a condition of affairs
to prevail in this country, are not the
tendencies of the times in that direction,
Ii IS no wonder that Iny ~sYmpathies are
With the poor ofthis Country. Norhave l
forgotten the teachings of my Irish Grand
father who was banished in the revolution
of 1898, nor the fact, that he was one of
the Biakes of Galway who were old in the
history of ireland before Columbus landed
on the shores of the new world.
Many of the arguments that effect
banks are applicable to railroads. Legis-
lation should never confer such specific
privileges upon railroads as to allow them
to receive the enormous profits that they
do, or a rate Of prsft far in advance of
other industries,
You farmers, merchants and others pay
them from 10 to % per cent, on their in
vestments, and IN order to make tbs diff
ference between production and Transport
tation they charge wheat, porn and pota-
toes an extra price for carriage between
the West aud New York. Every species
of merchandise pays too much. Then
the have q system of burdensome dis
elimination, Where there is compe-
tition freights are lower. Where there is
none, freights are high. This dlscrimina-
ton should be absolutely prohibited. AS
an evidence of their unreasonable profits,
the Pennsylvania Central has leased the
Pittsburgh, Fort Wayne & Chicago Road,
and pays to its Directors and Stockhold-
ers u per cent, on a 99-year lease. 1t
would take too long to make a full inves-
tigation in order to explain to you clearly
how this road, running through this ooun
try, has illegally taken tens Of thousands
of dollars. It's stock has been valued to
AOnb1a the Or11ipal cost If - cost 900 |