Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1875-09-28

sz7a From the Wheeling standard.l
Those who niingle wlthathe masses fiud
wide spread dissatisfaction with the natI0nar
legislation since the war. The professional
politicians approve or disapprove that legis-ff
l"tion according as they expect 10 advance
their Own personal preteEment, but the people
have eye single 10 the welfare of the coun>
try the people do not care who runs the ma
chine provided they run. it right. T az,
In 1865 all'who were willing to labor were
prosperous, and there was plenty of work for
everybody 1t is admitted that expansion will
revive the trade resture the business and give
Us back the flush times which we enjoyed ten
years ago We firmly believe that large
majority of the voters of this country. If left
free to speak their sentiments will vote -flr an
increase OF the currency Two want more
money.
There is not enough currency to supply the
demands of active, busting, busy trade If
ailthe industries of this country were put into
morton, ike they were IN 1865, they would
wither in this money drought in less than tcu
days. The people know this business mem.
understand it. Hence, several years ago
when the moneycrats decided to diminish or
| contract the volume of currency everybody
commenced to curtai their operations and
suppress their enterprise. This brought
stasnaton; money was Withdrawn from pro-
ductive industry; labor became iile hard
times came upon the nation and capital &C.
cumulated at the financial centres. There is
no surer sign of trnde paralysis than large
piles of cash in the city bnnks; il is pronf
positive that the labor of the country is idle
The harder the times the larger the piles in
the Cries
This is an answer to the argument based on
the anomalous fact sn vaunted by bank, stuck
newspapers. that money is plenty IN Wall
street. OF course money COLLECTS in tho vaults
when-it is not occupied in productive industry
Don't every man carry his cash to bank when
he is afraid to invest
It's true money is plenty Wall street.
New York on Third street Philadelphia, and
"n State street. Boston. bnt GO among the
wholesale dealers the manufacturers and the
johbers in those cities; go among these en-
gagged in legitimate traffic and whose success
| depends on the steady increase Of an expand
ing country aud Mcy will tell YOU that huei
uess was never SO dull and profits were never
so short Ii is the same everywhere.
Now let it be understood that the currency
shall be expanded until flush times are re,
stored let it be understood the moneycrats
shall cease to dictate the f"ancial policy of
|
OF this country will start int" NOTION
One thin. will start another Activity in
business quickcns latent energy. The Spin
die wall know the farmer wants larger supply
OF cloth; the tarmer will know the weaver j. at
work aud therefore is able to bny his produce
the Forge. the Blast. the Furnace will know
that market has opened for their products
and so it will he through all the countless
ranr6catinns of trade.
Let the Ohm doctrine prevail; Congress
will take the hint and our financial policy will
| he changed. and then. and not until then.
will there be revival of business. Restore
trade and the capital now accumulated at the
financial centres will be scattered through the
| country P,eudO statesmen may speculate
and tinker with the great unknown laws of
trade until they drive this nation into bank
ruPtcy, but depend upon it, nothing will scat
ter the boarded money except q revival OF
trade
In 1865 when we had $40 head; all was
prosperity. Bur the m"ueycrats raised cry
that the prosperity was unhealthy and that
contraction the only way to escape a crush
Well, they coD1racted; they contracted $50
on the hundred. Congress was either bribed
or fooled. II the people had been consulted
they would have acted on the well known
max m among business men, and said let
! we'll enough alone. But Congress put the
theory intU a Law, and our present distress and
suffering hears testimony to the folly ot that
legislstioR. Contraction brought on dissssG.
aud ruin
1t is admitted we say, that expension will
give Immediate relief; il will act like fnnd to
halt Starved man it will quicken into life
all the paralyzed energies of the country.
But the Doneycrats have a scientific theory
that expansion will so stimulate business that
in few years there will he crash. We
make to them this reply: We do not believe
in your theories. Give back prosperity
and We will risk the future. Experience.
bitter experience has proved to US that your
contraction theory vas wrong and we expect
you are wrong again. We have been fn0led
very Often. bur mighty seldom by the same
man twice. We have already tried your
theories to our ruin. and we want the financial
policy of our government changed Contrac-
ton brings disaster this is bitter experience
Expansion begets prosperity ard plenty, this
is experience also because We recall our con-
d ton ten years ago. Here is experience
against your theory and We prefer TO trust ex
perience"
We will pur-ue these reflections further in
our next article JEFFERSON.
AS small farms make near nelghoors
they make good roads; they make plenty of
good schools sud churches; there is more
money made in proportion to the labor; less
labor is wanted; everything is kept neat less
wages have to be paid for help; less time is
wasted /; more is raised to the acre besides,
it is titled better; there is no watching of
hired help; the mind is not kept in worry,
stew, fret all the time
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