The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-12-13
WHO PAYS THE INTEREST ?
Here Is the MiddIeman, Mr.. Farmer, mar
Needs Your Immediate and Special
Attention.

The people seem to be SLOW 10 OpelI
their ewes and take square look at {
their oppressor. They are ready 70 9
hit the fellow that stands next 20 ,
them. The farmer has beea pelIlng
the railroads and middlemen, ana no |
doubt they needed it, but ii they had
looked over beyond the railroad anu
middlemen, they would have seen the
money power that has them all IN us
clutches. Every railroad IN the ma
nation and nearly all the mlddlemen
are in bankruptcy, The railroad mas
failed even with it's exorbltant rates
of TRANSFORMATION to pay the usury
11non it's bonds to the ever-consumlng
money power. The middleman has
succumbed to the same devouring |
agency notwithstanding the large |
nrofts he charged upon the original
cost of the articles he handled. The |
Lorger part of the cost to the consumer
of ererv manufactured article consists
Of interest that has held a perpetual
lien upon" it from the time the first |
lick was streck upon the raw materials
that are finally fashioned into the
finished article for the consumer.
To illustrate the working OF 1T IN an
item Of farming implements. They
are manufactured mainly from WOOD
and iron. The iron lies in the bedS
of ore in the earth, the wood STANDS
in the trees in the forest. 10 start
with the iron in the mine and trace IL
through until it appears III the ploW
in the farmer hands. Thesmlne is
BONDED FOR TEN PER CENT.
The laborers who mine it must work
for low prices, for this ten per cent
is to be added to the cost in labor that
obtains the ore Then the ore goes
to the smelling furnace. The furnace
is bonded for ten per cent. The coal
and lime that are used in smelling
come to the furnace loaded with ten
per cent. All these ten per cents are
added to the cost of the pig iron when
it leaves the furnace. 1t then goes
to the rolling mill, which is bonded
for ten per cent, and is using machln-
erv which in it's process of manufac-
ture came through this same ten per
cent usury mill. When the iron
leaves the rolling mill it goes to the
wholesale dealer, or distributor, who
is paving ten per cent, and he adds 1t
on. 1t then goes to the retail dealer
and the ten per cent is again added.
Then it goes to the manufacturer; he
is paying ten per cent and must add II
to the pillow, wagon, separator, or
whatever it is he puts the material
into. Then the article goes to the
dealer again and ten per cent is piled
on Then it goes to the farmer, who
is the user and consumer OF 1t, and ne
pays all the ten per cents attached
from the time the iron started from
its bed in the earth. The same is true
of the wood that is used in the same
implement. More than half the cos
ofithe article consists of usury, the tel
per cents that have gone into tn
Golfers of the banker at every poln
the article passed.
Here the farmers will
DISCOVER THE REAL ENEMY
to their prosperity. Suppose n
usury had been paid at any point. TIL
laborers who made and handled TIL
article could have been paid bette
and the article at the same time cos
the consumer less.
This same devouring usury lays II
clutches uponsall the products of til
farm. Farmers who are not in del
for notes in bank or mortgages upo
their farms think they do not pa
interest-usury-an that it matter
little to them what the rates of inte
est are. In this they are mistakel
The above statement shows that tt
consumer of the article produced pa,
for it, while all who have touched tt
article in its passage into the impl
ment and to the consumers ham
have contributed to king usury to Il
reduced price of the raw materi
and labor.
Take the products Of the farm al
let US see if they do not contribute
the farmers hands. The wheat
produced and taken to market. T
wheat buyer has his note in bauk
ten per cent for the currency he pa
the farmer for his wheat. He Gu
down the price of the wheat so
can earn the ten per cent he is payir
1t then goes to the miller. He
paving ten per cent to the bank a
must add it to the flour. 1t then &C
to the merchant, whose notes are
bank at ten per cent. He must a
add it. 1t then goes to the bank
he is paving ten per cent to the ba
and must add it to the loaf of bre;
The consumer of the bread pays
essential to support life. This nngo'
usury makes low prices to produc
and high prices to consumers,
above seen.
HERE Is THE MIDDLEMAN, \
FARMER.
that needs your immediate and spec
attention. Is it any wonder there
hard times when this usury VIII
has bankrupted the people of
whole nation, gathers annually all
wealth that industry can produ
and leaves a heavy unpaid balance
debt to be carried over to the n
year and compounded at the sa
exorbitant rates of interest, Il
piling debt mountain high agai
industry, until such debt explode.
a commercial crisis and lis wiped
through the bankrupt court. T.
add to this consuming usury