Knoxville Whig and chronicle. [volume] (Knoxville, Tenn.) 1875-1882, 1875-10-06

If can not pay at once when YOU hap.
pen To want your money back ? That
will never do for met Just sou saws
the money-leuder; "such loans can be
used only 10y rich men, who can make
sufficient means available at any time.
OF course, It's nothing for the poor.u
The lahorer grows more and more
thoughtful. But lac asks at last.
pondiugly, "is there no way at all
to help INT aud To secure YOU i'm this
thing?' Well. replies The money!
lender, there may perhaps he one
way. suppose we figure out what the
amount of money you want would he
IN gold. and lend il tn you IN gold,
uud YOU secure to me by % mortgage on
your property the repayment Of that
sum IN gold at the eud of three years.
That would do for me, and you might
have the money AT reasonable interest,"
The laborer pOuders. But, - said he,
at last, d" how do l know how many
ecnbaCk dollars | shall have to pay
for gold dollar at the end of three
years? Perhaps, five or ten to one.n
" That's true again. says the money
lender, cody, and there the negotiation
ends. The worthy lahOrer begins
strongly to suspect that there must be
something wrong about the peoples
money which l. to be 50 cheap for
the poor man.
But there are more curious expert
enCes in store 2. r hun. The policy Of
making aud keeping the volume Of
the currency equal 10 the wants Of
trade, requires the issue of larger and
larger quantities of 1.-THE peoples
money! Tor the wants Of trade, in
stead Of being satisfied, demand more
with every new issue. The price of the
necessaries Of life rise higher and high
er as the value of the paper money
goes down aud down. The spectators
and gamblers Of the country do a roar
ing business. Prosperity developes To
such point that "a bushpl of coal costs
twenty dollars, aud a jack. knife it's
weight in greeubaCks. The worthy
laGorer's deposit in the savings bank,
once sufficient To build little house,
will no longer buy decent pair of
boots, and as the rise Of the prices Of
necessaries always run far ahead of the
rise of his wages, he has been rather
consuming what he had than LAYING
up new savings.
Finally The inevitable crash APP
pToaches.' The prudent rich man has
anticipated lis coming, and taken his
precautions. He can do so, for he had
the knowledge aud the means. But
The poor man IL the victim of ucctssi-
ties To take precautions is not possi-
bic for him. He is swept along by the
tide. a feeling Of distrust creeps over
the business community. One day our
worthy ,ahorer goes To his place Of
work as usual. " | am sorry says the
employer who shifts the breeze, there
is an overstocked market and a DOWN
ward tendency; l am obliged to take
in sail. ! have but little work for you
at low wages, or no work at all At
last the shipwreck is complete. The
rich man is in the life>bOat, the poor
man in the breakers, and nothing to
float him.
About thnt time | hope Governor
Allen and General Cary will come
along and report their speeches about
"the peoples money" What viii then
the poor lahorer say in response?
Talk to me about your peoples
money 1t is the gamblers money,
the hloodsucker's money, the sharper's
money, the Devils money - Aud it
may then perhaps be wise for Governor
Allen aud General Gary and the other
apostles of the peoples money! to
stay away from the streets where their
robbed and outraged victims congre-
ate.