The patron of husbandry. (Columbus, Miss.) 1875-1883, 1879-10-25
market price. We say as "free gift, land
we defy anyone to prove differently.

market price. We say as "free gift, and
we defy anyone to prove differently.
Government, with the power to create
greenbacks, must needs dabble in bonds
also. AS result, with the greenbacks
we buy up the whole surplus wealth of
the country, and turn it over to the bond
holder. This is the fact, no matter how
many "go-betweens" may assist in the OPP
Grafton.
Farmers-you are toiling hopelessly and
aimlessly, with a ''mountain of debt"
growing and growing,your profits smaller
and smaller!
Laborers-you are shaving in poverty
that year by year grows more grinding!
Capitalists-you are fighting in despair
the devouring ''fend of Bankruptcy"
Corporations-year by year your bonded
Indebtedness grows heavier as your re-
ceiPts grow smaller, and you await the
coming crash of certain extinction!
Ghosts of the dead firms, ruined farm
ers, starved artisans, murdered mechanics
you wander white and sad around the
spot where once stood your loved but now
vanished homes! Tell me, then, the "name'
of this mighty incubus that has crushed
the life from you all.
And with one voice they answer, s'The
bond!'
Yes, the bond, with its interest COM
pounded, and the legislation for contrac-
ton that it demanded, with the resultant
''other bonds"-bonds of railroads, cor
porations, and palites-they have
done it.
And, on the other hand, what did the
"greenback' do?
All, no interest there 1t pushed pro-
duction till the heated spindles had no time
to cool, and furnished market for every
ounce or yard. The glowing furnaces and
throbbing FORCES famed and Numbered
from one end of the land to the other, and
the 'greenback" made a market for every
pound of production.
The glittering pillow went cleaving
through the mellow soil, the golden grain
rolled into the bins in great "rivers of
wealth., and the 'greenbacks" gave
market for every bushel of produce
The poor man trudged merrily to his
work from the little home half won to the
farmers land half paid for, and the "green-
back" was lifting the laborer to indie
pendence, and the farmer to moderate af-
| fuence.
Then, suddenly, the bondholder rose up
in his might and demanded ''honest mon
ey'' for himself. He bought with green
backs, but he demanded gold. He de-
handed contraction" for the purpose of
resumption" and through the two he de-
manded that for evey bushel of wheat his
bonds would buy when he purchased
them he should be able to buy two.
Whatever he asked he got. It was part
of the system Yet he did not take all
the greenbacks. Enough were left in cir
culation to enable the people to pay him
his "usury," and no more. Forty million
people he sank from affluence to poverty,
from well-paid industry to half time, and
half wages. Unsuspecting, they strove
long and we'll against foe that they could
not see, and, as result, only piled up
''more bonds" The interest bearing debts
of the United States amount to one half
the estimated value of the property there
in, and if the whole country was to-day
knocked down at the average prices OBJ
tanned at Sheriff sales enough judgments
would be left unsatisfed on the dock
cts to furnish the means to "crush another
rebellion" ss
This is view of the bond system as it
is, from one side only. It is many sided,
and each side is worse than the other.
Some day we may take another look at
it. but meantime is it any wonder that
from the toiling masses begins to rise a
cry, growing as it comes, like trolling
thunder Stow
"Pay these bonds, and then no more
bonds forever"