The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1874-01-30

= are still doing, very much IN, "a
= realm of politics, yet the friend
of corruption. and official ma
practice have to be taught many,
: lesson before agriculture is treate
: with that respect which is its dps
E Great governors and statesme
must yet learn that there are oti1e
interests in the country which a
) serve representation in legislatlF
halls besides those of the banke
) and money-lender. Aspirantss 70
; Office must be taught that othe
| qualifications are necessary +
procure elections than heavy pock
cts or full demijohns. They mus
learn that all men are equal beforI
. the people, wisdom, talents, AMI
virtue making the only differences
There is an ancient story o
!, Cineinnatus, q farmer Of feul
acres, being called to the helm O
State, to save from ruin the mighty
Il empire of Rome. This legend has
its counterpart at this time in oui
own country. Beset, on one hand
by greed for wealth and ofifcIai
corruption, and, on the cthes, 10y
disorganizings communists, Lthert
| appears mo safety! sfoE American
Liberty except through the agency
of the sons of agriculture. Intel
i ligent and brave, they viii not sur.
Prender their posterity to political
or financial tyranny. Isolated in
property and person they must
eyer set their faces like steel
against all advances toward an
archy, or physical revolution. No
men can be bound in heavier
bonds to keep the peace than are
the proprietors of the middling
class farmers of America. To
change laws and constitutions
American farmers can permit no
agencies except agitation, discus
sion and voting. With US these
means are sacred, and we can al
low no successful appeal from the
decision of the ballot box. ~g- r--
Since the commencement of the
farmers movement in the West
many reforms have been preached.
The repeal of the national bank
ing law seems to be the most need
ed and the most simple. And the
demand for it ought to be univer-
sal and imperative. Surely no ar
gument is needed to prove the in
justice of law, which causes the
government to loan to a few select
rich men four hundred millions OF
dollars without interest, with
which to gamble and speculate on
the hard earnings Of tax-ridden
people. So great are the evils of
this national banking system, that
it has well nigh ruined both the
tax payers and the spectators,
while the cooler financial heads
among the favored bankers, are
reaping such a harvest of interest
as will make them very rich, and
truly formidable to liberty. There
can be no remedy for so great and
unmixed an evil except the repeal
of the law. Let the national bank
notes be at once retired from cir
culation. Let legal tender green
backs be issued to take their
place. This will be saving to
the country of twenty-four mil
lions per annum in gold interest,
and will set free for public use one
hundred millions of greenbacks
now locked up in the bank vaults
for redemption purposes. What
a saving of interest! What lift
ing of burdens from the shoulders
of taxpayers! What course Can
be more simple and practical:
What remedy can be mere effec.
tual9 Money should be supplied
in just amounts by the general
government, and then be left free
to obey the laws of supply and
demand. 1t was the adoption OF
emancipated money, in 1897, that
saved the British Empire, during
her long and severe struggle with
the great Napoleon. 1t was eman
cipated money and .emancipated
men which saved America in hel
grapple with slave-power. We
have attempted to re -enslavG
money to the basis of a single
commodity. 1t has brought abou
a financial panic. 1t always doe
so, and never should be repeated
Were the attempt made to re-en
slave the freedmen, it would brin.
about panic of men! 1t did 81
in st. Domingo! 1t always doe
so, and should never be repeated
Neither money nor labor shoult
be enslaved. Let both remain FIRE
to obey the laws of supply an,
demand, and the long contest be
= tween capital and labor, will los
most Of its dangerous features
; What, says the money dealer, shal
we never return to a gold basis
: Shall the greenbacks never be re
: deemed? l reply that money
4 the means of exchanging all CON
: modities, and is designed to NOV
: all commodities to market. The
s why confine it in quantity to
: single commodity? 1t is the trio
s of the money lender to obtain bi
s interest. As to redemption, a
a money must be redeemed or it
n worthless. But why redeem i
q gold alone? Gold is but Q CON
l. modify. It passes from nation t
n nation on its merits as q commot
|. ity. The stamp on its face ne
n tber adds or subtracts anything {
O its value. But being easy to horG
l. it suits the purposes of none
,e dealers better than any other cor
n modities when they desire to ma
v ipulate the money markets.
n Let MS fairly understand Il
T. theory and practice of redemptio
s When I exchange greenbacks f
n gold on equal terms Of agreemer
lg dollar for dollar, every man sa
ct the paper has been redeeme
ne Now gold is only a commodi
n among nations. So is wheat.
Mt is pork. So are horses. TIL
i'd when I buy wheat, pork or hors
Is. in open, free market, and pay
he these commodities with legal t.
81 der paper, my money has been
he deemed. It has been redeemed
N. commodities which are better th
ny gold, for had I the gold I shot
m have given it for them. Is I
cir this illustration sufficiently plai
ibs Is not that money sufficiently
be deemed, which is daily and hou
", redeemed in all parts of the col
De- try, by all its inhabitants, VIII
Gch ever presented? Is not Z
at money better which is eargerly
DID, deemed by all men, on all oc
ar sions, and with every conceive
md commodity, than is the mo-
Teil which is enslaved to single G
hat modify as basis, and which
.ac- only be redeemed at those til
SH and places, and on such terms
,ak the ha0kara and money lend