The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1875-10-09

deyidcd among those who doue the work IN
stead Of being gobbled up as now by idle |
eormerants IL Is eedless to say that this |
plan could ~ carried out ia every direction.
Ii cannot b. objected that the government
has no right 70 lend money. Ourgovernneut
Is now IoAning the National Bank currency
~ the extent u nearly 400 millions q al
lars ant without charging one cent q inter
ct fOr it. use. and "a whom A. tins money
loaned, 10 eur Industrious citizens
IT, that lass " our PeoIis on whom
the prosperity VI the nati... depends
BY means IL b. loaned T. oilers and
divers gamblers ami Spectators. Men who
MAKE millions. but without even creating 50
much IN ali their hives as would feed them
for one single day There would be many
other objection made Ii would be SAID that
tins plan would 50 increase the patronage of
the executive as 10 endanger our liberties,
" hlle the truth Is that ia a short time It
would 30 away with the vast army OF office
holders who endanger our liberties because
they have always proved themselves the
ready and wiling minions ~ despOtlsm.
Under this system the producing classes
would III one generation become sufficiently
Intelligent u manage their own business, and
would accumulate sufficient "a dispense with
An from the government. AZ We have PM the
question 70 eXemphty ID. while IN reality
the operation Is simply using our own credit
I rb tth IL.
are producing enough 20 return that which
wo have borrowed from ourselves. Ii the
/ American people could only comprehend how
needlessly they have been made the bond
slaves OF European money lenders, a terrible
retrbution would certainly fall upon those
who have taithlessIy performed their du-
tiys 70 The nation, and 1t Is only a question
Of tim, when they Will dIsown the
suindly- that have been Practlced upon
them, ana there Will comy a struggle such AZ
tH, world has never seen. For either We
must -O forward Iu tAe path vi freedom. uI
hh,rt, vlli IVY ~acrIrrrd a- w r,rr has nucr
NJ ir-,.ltIsnl Th, necessity hl- never eN
i-ted fuf borrowing uuc dollar ~ money
abroad. AMI W far from GRIPPING uur resources
~ such a policy, w retafdiug public improve
ments. cur r.uHtIy would have been tray
vrsed by railroads IN every direction. The
oulN question that WISE statesmen would asl
would lie similar t. those asked by that Wis,
governor II tn. twou II It Peters ON tn,
Island 81 Guernsey. when the citizens desired
u buili a mar ke, house SAID Daniel lie LIlD
Brook, " Have YOU the labor and the raw
material. and when that market-house was
built ,nd the stalls rented, the legal tender
which the governor had issued We're reJurne,
IN payment Of rent. and when they wer
huuldated. the stalls could h. rented to- TIA
mere cost u keeping The binding IN repairs
The same plan could be adopted ~ the buiid
ING ot our railroads Why vas ID not dlue
Because the patriotic, Statesmen ia our legisla
tive halls were outnumbered By the grabbers
Ii II had been doue there would have been D
milli9nares like Jay Cook and Vanderbilt d
Of wnuse vast wealth has been plundere
from the people who did the work they ue,,
earned dollar Of it. Ii this plan had bee
adopted, the people, not a class OF individual
would have been the owners Of all our RAJ
t rua'l- and trlegraphs, and instead Of bein
the wage, slaves Of merciless task masters
and bound to serve the >nylocks Of EuroI
! for generations yet q come, We should hay
0 been tree-t.e pos7cssors "A that freedom (.
{ which our toreiather> vainly fought
III b ~NuH