The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1878-02-28
The -Anti-AEonopolist.
NAV be needed in the production in

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may be needed in the production in.
GLIDING the sowing, reaping and gath
ering in one of the crops and their
transportation to market, must de-
pend in some degree upon the seasons
and other causes that are in the hands
of Providence alone. The policy of a
country that makes of it's people pro.
ducers and in the same proportion or
nearly so, consumers, will always at
feet the amount of the medium of ex-
change needed. As, therefore, there
cannot be, as heretofore vainly at.
tempted, an arbitrary limit upon the
amount of issue. is there not some reg.
ulation that shall furnish the needed
limitation! The interconvertible
bond has been suggested, and l can.
not perceive that it will not perfectly
answer the purpose. The objection
alleged against it is that it it the issue
of new bonds by party, that propos:
es to reduce the amount of bonds al
ready issued. But it is to be borne in
mind that the cancellation of national
bank notes, their substitution with
legal tender money, and such addi-
tional issues as shall be necessary,
will largely absorb our present issue
of interest-bearing obligations. The
interconvertible bond should bear a
low rate of interest, so low that mon
ey will be converted into it only when
it cannot be more profitably employed
otherwise.
THE SILVER DOLLAR.
The objection made to the remon-
citation of silver is that its advo-
Gates propose double standard. 1t
is a great fallacy to assume that a
double coinage means a double stand
ard. Either a given amount Of gold,
or some other amount of silver, may
be that which shall determine the
unit of value. Whilst coinage of
both gold and silver may be consist
emily legaliZed, neither should consti-
tute basis for the issue of the other
or for the paper. Two of the silver
half dollars now in circulation repre-
sent one dollar and yet contain but
1856 grains of silver. The ''dollar of
the daddies'' contains 4l2 grains, and
the trade dollar 430 grains, In my
judgment it is not material which OF
these amounts in weight determine
the silver dollar, if for the purpose
of money either amount shall be the
representative of the legal tender
dollar, 50 long as the standard of val
ue of the dollar is a determinate
amount in weight of gold or any
other commodity which may f1uctuate
as little or less, if any such exists.
THE PARTY FAITH SUMMARIZED.
| apprehend that whatever over
lures the other political organizations
may make for the purpose of mis-
leading and capturing the people, they
will not have the moral courage. to
say nothing of their convictions, to
adopt the following propositions:
First. The adjustment of all bank
paper issues.
Second. The issue of gold silver and
government legal tender money with
out other limitation than the require
ments and wants of trade and bust
ness.
Third. Equal and just taxation of
the property of the bondholders with
that of all others.
Fourth. Protection in the broadcast
and most comprehensive sense to all
the interests and for all the interests
and for all the purposes that l have
| already attempted to enumerate.
Sixth. The assertion and the en-
forcement of the doctrine and princi.
pie of the right Of eminent domain
always an inalienable right in govern.
ment.l so that the people, the pro.
ducers, may be forever protected
against the despotism of transporta.
ton and other monopolies.
ORGANIZATION FOR SUCCESS.
Let me invoke you to continue un.
firing, selffacriticing efforts hence.
| forth. until we shall have achieved a
browning victory. We may reason.
ably hope To carry our state ticket
next fall. 70 assume that this cannot
he done is to assume that the people
do not possess the intelligence and
patriotism to discern and promote
| their own interests. We are no lon
/ ger the subjects of as much deliber
ate Misrepresentation rs formerly
! The agitation of our principles has
/ taught tile rutiit HpN EuNlie are SuIt
efforts. We must win: we can if we
will. and let us will it. In every
ward. borough. and election district
in this state let us see To it that club:
are formed IS early as possible. where
papers. essays and public speaker:
may enlighten their members anC
others. At this hour. so early after
the general election. other political
organizations are only watchful t
keen together their dissatisfied mem
hers.
1t is most evident that old political
organizations are on the verge of dis
Indignation Our principles are broad
patriotic and comprehensive enough
for all TO stand upon and to command
the support of the masses. We shall
welcome them. and treat their separ
alton from political organizations a
the best evidence of devotion to TIL,
good of our common country. How
can we doubt. therefore that we mus
succeed
HOW TT GOES IN MAINE