The Weston Democrat. [volume] (Weston, W. Va.) 1875-current, 1876-03-06
Wssroy, ". Va, 1915.

from ne ,bc promise of an expression of
some views, touching relief for "hard
lines" currency, etc, now comply.
Hook upon the present financial con.
di,;cp Of the country, to be- Of alarming
imnort That \ diseased condition ex.
i>,t all reslizc. The practical question
!, !, n.rIy n remedy. Int before the
nrr,cTrintc remedy can be- discovered,
Vi INNS, mot be ipSeu,iLlc to the dis.
t;u,l;ve marks and cL,roctcri,tics of the
disro,s-a DIAGNOSIS should ALWAYS pre-.
plds the administration Of the remedy.
Tina cnnsr, which hare produced the
disease should be traced and removed
in order that the bOdy NAV be restored
"a braI,b and yiror.
Fora number Of wears borrowed cap
;,oI Ina bcsn rmnlored a. a ruiuOus
ra,s If interest md Inc great money
centres have absorbed The fruits of IA.
bor, Excessive interest has lcf, labor
u;Ihout nrcf;, and the inevitable con.
ssonCnca ia rcal;,cJ ,o.d,y in the OF.
;s,in, sot ,bol Nancy 10 abundant
mhots s.r;,oI or;,,, and rsncc;nllv 80
in tho name centres,
T%o country mn.t a, los, be relieved
by tho fru;,s oflnbor-onr ,urnlu, pro.
J1c,;ops tn get mi, nrodue,iop' il.
dns,rv c,n;,,I and natural AGENCIES
ms, ,oncr, in n,oduc;no !. and in
HE coWn,tv mucb Of ,Iis canitol !,
Io,nsI Orr country being 90 won.
dsrfuIl, rroduc,;ye With inst laws i,
can hnIdIy he questioned that i, ha,
,Ls ;nLs,S,, c,nac;,v n relieve itself
o"u,J ron;a,1 h. rro1;rrd In n,rfarp, h,
iv,I sSo1c in nrodnrino his I,,yIt, To
hr;n1 Anon, ,h;s nrnnor ,om1ination Of
c,n;,ol and laborl i. the trouble, and 10
M : ;udcmen, ,Ls cb;rf,rouble There
hos ,Iways bcCn an nnIaoon;,m bstvee,
labor and eopi,al, and 10 bInr them
;rto active combination with rcrip,orol
ADVANTAGES. has been, and will be, the
,roub,r With tho most skilled If one,
wIsn in cumLioalion with The o,Ier,
rcpp, the ioipt production Of both, The
,,Ltr i. yalurless and unless the com.
Iipp,iop works Justice to both, Injustice
and wrong i, The result. ESac, Justice
!, not always .,,aipaLle, bu, can ,p1
man now hesitate 10 admit that capital
ha, , decided advantage. and when en-.
pluycd with labor, i impair. its JUS,
fuIue? | maintain its chief advantage
in is rapil tendency to supremacy Il,
in the ler allied rate of interest, which
i, allowed for lis use, 1t is absorbing
tie product Of tic combination referred
to, and i,is not tifi.ul,, i, seem, to me,
10 onticina,e lhe d;1eful CONSEQUENCES
of continuation of the advantages in
favor Of loaned capital. If The enter.
tc,ori,inr artisan, miner manufacturer
arricullurist. mechanic or laborer uses q
loap, he puy, a rate Of iu,crcs, which
obsorbs nm nn;pst share ~ The nroduct
Of tho labor EMPLOYED with The capital
Tho conitol for loan i, largely in tho
mon,y centres, and when il finds i,s
way through ia auxiliarics, the National
Bapls mud BY more direct means, to
rural and other points, and is employcl
viii labor, tho fruit. Of both 20 to the
copi,al owner, This process has left
your prcut rrain. growing Wes, almost
DESTROYED. Now, almost overwhelmed
with nublic and individual debts-i,s
prOpcrty and labor mortgagcd to the
money capital, and at tho nd of each
wear Of toll by its people, it is left with
labor consumed BY tue borrowed CAPT.
tai. 1t is to 10 purpose to suggcs, that
the charges for the use Of money can
be avoided BY no. using it. The couu-
try is TOO fast for that. and it is of the
disease ouly, | propose to treat.
| believe the country would soon be
relieved with lowered rate of interest,
enforced BY effective laws, operatinq
alike in ali the States. If this can be
done. money would not then be- as it is
now, used principally for speculative
PURPOSES, for speculative enterprises
can on,v pay the hiph rate of interest
demanded, bat would be used for more
beneficial PURPOSES to the reasonable
benefit Of both capital and labor.
Can Congress pass a general usury
law?
[ utterly rcicc, The proposi,iou That
money which isissurl as such by the uu.
tbority Of poyerument should be regard
ed as commodity piihow control rs to
the yaInc Of its use for purposes of loan.
If the cover exists 10 the Federal Gov
trpmcIt TO issue n currency, and to
make il n LEGAL tender in naymcp, Of