The patron of husbandry. (Columbus, Miss.) 1875-1883, 1879-07-26

are confined greatly to one pursu;, ~a
sell all their labor or the products ne5qRd
labor and buy all their families need me r
barter was universal Now, il ev;.A
only a small extent. Money has ~
the place of barter, or in reality r ~Na
has taken the place of capital .nI Gae
question is, shall money, while il @
sents capital, while it acts as capital a.. e
profits as capitaR If not, WHY u
There arefew that will DENY that c. gr
should draw profit, or that would taLap.s
ly all Inducements to invest canitaI
run risks. But suppose man enter,a
forest and clears and fences field be u
tivates it until he becomes old and MI
to pillow, has he not right to rent !, y
receive part ofthe crop in Considers
of that privilege which is certainly y
Now suppose the rentor had rather L.
the field and pay in money for it. does
that money represent the field, and i.I
not as much entitled to rent for the mo-,
as he is for the field? Again. supno.
farmer to have saved one hundred dan,
and in considering what to do with III
decides TO buy moving machine. J,
does SO. A neighbor sees it and saw, :,
to him, 81 will rent this machine of v,
| can do more with it than YOU can !,
pay you SO much for the use Of il eve.
year, and kept in repair by buying nec
for such parts as are worn out" T,s
not entitled to rent for his machine;
think no one will defy that Now sunni.
| the neighbor came before he had aCt95
bought the machine and said to him, d
me have the money and pick out the M
chine myself, and l will pay rent forf
Is it not Just that he should have 4.
same rent for his money, he would bg
had for the machine? The money rem.
sents the machine, and whenever mon
represents capital it should draw the san
profit as capital, unless there is a diff
ence in care or risk. If capital is entts
to profit, money, which takes the place
capital, acts instead of capital, is fort
time being, the same thing as capitala
should draw the profit as capital Byp
we mean that which we receive over an
above the labor and cost bestowed If
man by years labor, only received ban
| ly sufficient to sustain life and enable hin
ito labor another year, he would receiver
profits.
But country is uninhabitable that "
yield no profits, for a man and womg
must obtain enough for their labor to su
tain their own lives and raise two childrs
to take their places at death and so mus
profits must be received, or a countT
uninhabitable, and so long as each an
every species of industry is free and ops
to all, there will be an average equal prof
made equal by competition.
1t is true that money is the creation
law, of government, and costs compaE
lively nothing, and it is only the rePn
sentative of capital, but it can be used.
actual capital. Thus the governments
sued 5000, 100000 of legal tender not
and bonds that were paid out for soldien
wages, for food, for clothing, and all th
vast amount of supplies needed for h
support of an army. This money took tn
place of the substitutes for money issue
by the bankers previously, stopped the
trade, and saved the people the immens
amounts they had lost annually by fraul
ulent banks, broken banks, counterit
bills, brokers' exchanges, and all the var
GUS devices for robbing the public th
bankers know so well how to get up. I
| the extent therefore that this money W.
needed for medium of exchange, it W
a great benefit and positive gain to t
people as it superseded and took the pla.
of the worthless wild cat and red dog Gu
rency which, for so mauy years, had 70.
bed and cursed the people. Indeed lift
expenses of the war had not exceed
50, 900. ooo,o it would have been pc
feet God send to the nation, SO far /.
money was concerned. The 81, 10000
900 of paper money issued by the go
eminent and used by the people as a nj
dunn of exchange was just as good as 4,
much actual capital in any case. The
is a reason why money, though cosdr
the government comparatively nothir
should never be supplied to the peep
without interest, as some people conten
ed 1t should. So long as money can tai
the place of capital and be used as capt.
so long profit will be derived from It's Us
| Every person who can give ample sec
rity, can obtain money. That money!
will exchange for capital, and on that ca
ital he will draw profits. This will gr
to all persons who possess capital dout
advantage over those who possess nor
in addition to obliterating all the prof
of those who have exchanged their car
tai for money as requiring less care az
risk, and on account of sickness or otH
disability, those who on account of ben
able to save but little at time, cam
invest it to any advantage in capital
other words, it would constitute the 60
eminent the only money lender.
| Ofcourse we could imagine condiu,
of society where the productive capt
belonged to the whole community
that case capital would draw no prof
and money, the representative of capt
would draw nc profits But as long
capital belongs to individuals it will dr.
profits and money when it represents
ital and acts in the place of capital, v
also draw profits. In past times an "ir
pressible conflict" has existed between
Dor and capital, as to the proper share
profits justly belonging to each. But
the United States latterly, the moneypC
err has grabbed the profits of both labd
and capitalist. But there is bounds
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