The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1879-05-09
s~~ssssssv sws~ss

X ~ 1877 ~ 1T 49, 88 - tH8#E8t
assssss " nsuts
/ ala sNH+ w. ans Il stAessss 60 raa
Hfs witt II e*Hets - Fstfis tisAt ii
lfst4t4A M tsusissts
~ isr.sI4t shsi sha fu,ugs fHfrst
"A Ant a8mstfs .tii ~ imfta Hsnass
- "A stsasit " as4ne 81 ftefesi
fhtse sha ar v 80 lt w. ~
mani sht~tvst hAs aett Afs Inv rHls
atsa& u ~ ats as@Ainr austitinr ~ Il
s9nes
IT. ,fsnstH .heHla i#sl - ihs
tr.it*rssi vss4rss~ets VI tsnsits titt
hissi stat.s huad. shn' tent mt
80
Iii nyviwr ~ mnk@ itu%lfrA. InsrHi
n.nts sieslfnl,s. They shnmAi IT,
nalr mer nssnmulatise than tie
ienalhr u ms'uss
1he sssti,lsahs wnsrs paid ~ the
So, liz II mnrrs destroys The pnssl.
illt,s III paying equitable enrs. Tot
the services IN lalsai.
The continual and excessive Inter
ct drain on the Industries II the
country hn~ rendered misunderstanding.
prise exceedingly hazardous.
IT,, the iahcr.i te prudent. aud
diminish ~ mnch a. possible. his
dali, expenditures. That h. may i"
duly prepared ~ pay his inirrrs,
tribute To thc hundhul,lcr.
People invest In that which N
mos, profitable 10 themselves. SO
Ion. ~ money lending l. mere prom.
table than business investments,
business will lnnRui~h.
The condition known a. "hnfd
,imcs" can only result when tho In.
icrcrt pnid for tho use VI money II
In excess IT IT. earning capacity. of
moro precisely. ~ iii. earning "a.
pacl,y Of the property FOR which
money II paid.
We wnnt Il dollar that IL worth Il
/ dollar" Gays John Dns to Ills nuiRh-
Dor. THAT IL just what We Green.
hackers want" rcphes Ills nctshbor
Richard Hoe. "a dollar that Will ray
any debt, public or private In the
United Stntca.
rho United States treasury note Is
u United States bill u credit, bear.
Ing no interest, and It's emission 10
~ much In Accori With the consii.
tuition IN that of the bill credit bear.
ing interest. Let the bondocracy try
their minds OH that"
"Can law create money!" asks Gar.
field. We say that law does create
money. Four hundred and twenty
grains of silver without law Il not
worth q dollar; 4l2} grains Of silver
with law ~ y dollar .3sl grains Of silver
with law In also dollar; ID cents
worth Of nickel with law Ii ono dol.
lar TRY your minds on that
The wages paid for the use "
money that IL In excess Or iis earn.
Inc capacity, causes the wages paid
for tho service of labor to be- just that
much less than tho amount actually
earned by II.
Labor must have food, clothing
and protection from elements, and
when la rate OF wages IL inadequate
10 tho demands made upon IL for
these necessarics, we know that Its
wages nrc too small.
What indnccmcnt can be offered 10
any person to make the EFFORT to pro.
duee any thing of value to the hu.
man race. except It BE- TINT he can oh
tain therefor mn equivalent In value
that " produced by the effort 81
some other porson9
There II but ono method Of crush
Ing out cxtortionate interest, and that
II by making the government lender
Of money to IT. citizens.
/ A law fixing the rate II interest
for the use Of money II null and void
on its face. unless somcbody Ii com
PEELED TO lend money nj that rate.
/ n there II no constitutional hin.
drance To tho issuing u n United
States interest. bearing bond, there
can be none Of the issuing VI non.
interest bearing bond.
/ There In but one source u trouble
In this matter of hard times. to.wit
Money gets more than II earns, and
consequently labor must takc up
| With less than II earns. Hammer
away ut II ~ you will. but your sue
cess In solving thu problem will de-
pond on your hitting the nail on the
hend.
| II tho people arc willing 10 carry
the government debt In Il bond thu,
bears no interest. why should they
be hindcred from doing 40 by mi.
nority who are money lenders.
i The constItntionalty Of tho ennis
sion of bills u credit bearing no In
tsrrst, cannot BE- successfully dispu
ted. tho sophistrics Of the none,
lenders TO tho contrary notwith
standing.
True blue, Rochester, N. Y.
/ A~lA-RaaA>aA aA->~~naAl~an