The Somerset press. [volume] (Somerset, Ohio) 1873-1977, 1881-10-13
ALIssoy on PAy,Cs.
Panfos. Di,trcs- nad FinsaeIsI Ruin
Ibefr tau-'R Ihsir ne. I0aIeai AP-
p-sTanCe. s..r.

cial ram ey,ry iew years. 8ir. sherman
stated - sFe q llat 1--WE nave the best
financial >ystraI ever deyi~ed-one that has
0rOHg i us perpetual prosperity" / ask
now Air. sherman could look an intelligent
audi nee ia tine lace and make such a state
meat - thl-, in view OF the wreck and ruin
with hIcG tbe " hole pathway OF our whole
huanciaI hI-tpr, j. >tTean. We are never
free from tn eNli- and disastrous effects of
our bad and ruinous financial system. We
suffer perue!udiiy III some way from the
many evils II iniiicis upon the whole cOun-
try. Its panic, parONy ms and avalanches
OF general rum aie periodical, and visit us
abVgt once Ia ~ wears. Ii has laid its ruin
Ous hand up ~ Is no less than eleven times.
Eleven tliiie- has partially prostrated us.
Eleven timc- D. has stopped The wheels OF
industry AID LiGOwn thousands out Of en-
ployment. Niae times it has produced
commercial crashes, distress ana "hard
times" Ntlte tunes il has embarrassed and
partially or Mbu y prostrated thousands of
our best btisi i~s- men. Nine times II has
paralyzed, wnVliy or partially, nearly every
industry of the Nation. Nine times II has
seriously Injured The farming and mechanic
cal business of the whole country. Nine
times IL has brought 10 a dead standstill
many Of our niiil-, manufactures and work.
shops. Nine times IL has sunk thousands
ntO bankruptcy. Nine Times il has brought
suffering and starvation TO the doors of
thousands, il 40. millions, OF our honest and
industrious NUrAing men. Nine times it
has spread III, mantle of gloom and despair
ike cOu over the Nation. Nine times
have mili, IL OF dollars been lost to the
country 10y the suspension of various kinds
Of business. vi e times have thousands of
names been aadt To the list Of suffering,
Il not starNIu iamiiles. And yet we are
told I'VE have the best financial sys-
tenn ever Il yI-ed. - Nine times has
a large amount uf property been sold or Of
fered for sac under the hammer Of the
Sheriff. Niuc times have the courthouse
doors and bulletin boards on the streets
been covered over with notices OF sheriffs'
sales Of farms and Otner real estate. And
yet Mr.. Shet II boldly declares, in the face
of these star nug facts, that we have ZEN
jOycd coniibuh prosperity - under this
crushing ana bankruptcy system. Eleven
times have the brakes been shut down on
the wheels oI industry and produced stag
nati1h in the nf blood OF the Nation. And
worse thanai his, millions OF honest toiers
have many times been compelled by their
employers t. lay down their tools and travel
over the cuiiu.ry in the character OF traInps
in search employment to keep their wives
and daughter from the poor-house or keep
them from starving in "A land OF plenty-in
land groaning with The rich products OF the
earth--in land with food and grain su1i-
cient TO feed standing armies. ArfG yet, in
the face OF this imposing and overwhelming
array OF startling facts, completely falsiiy-
| ing aud disprnyIng the declaration, Mr.. Sher-
man has the audacity TO tell US our financial
system has secured to us continual prosper
| ty. Away with such false and unreliable
| teachers; away with political leaders who
would thus bind and deceive the people and
ultimately pre- cipitate them into the gulf of
| ruin.
And now, III the name OF eter1al justice
| and The futurc welfare OF the Nation and the
| claim, Ol IN lions OF honest toilers, | ask
| now much lungcr this state Of things shall
| be allowed 10 continue. L ask how much
| Oitencr tht sc commercial and financial
storms shall iie allowed to burst upon our
Icads ana pari riitily PROSTATE and ruin us.
| tsk how mucI longer the people Will con-
tlhue 10 OVERLOOK or disregard these all-lm-
pOrtant facts. | ask how much longer they
| will continue to support political parties
| who every lew years bring down aValanches
| of ruin ana distress upon their own heads,
| or how much longer tney will continue to
| vote for tie o!iiac-seckers of political parties
| who have haitCr around their necks and
| are leading ,nem on the road to the poor
house or tine vortex of pauperlsm.
We are u busy active, industrious and en-
| tcTprising Nation OF people, and have soon
| re.aiucd Uus WOnteu activity alter having
| been fuaHcfilly proSiratcd. But we are
| hardly upon our feet till we are again up
tripped 10y oar ruinou5 financial system and
agiin pr strttcd Hat upon our backs. This
| has been our up anu down experience for
about seventy years. Tnis has been our per-
petual experience ever since we adopted the
| ruinOus 1uauCial system of Great Britain.
Eleven tiuie, have we been up and eleven
Tunes dOwu--thus rising and falling on al
average OF Ui.ce in six years, and more than
| fifty Nations and Governments who have
| tried our ruinoiis financial monetary system
| have had .iinil r disastrous experience
Welabor and tod with increasing assiduity
| for nVe OF tx years, alter having passed
| through a storm Of financial adversely, til
we reach a toierable degree of prosperity
| when suddenly, in an hour of unsuspecteC
| danger, another commercial storm bursts
| upon us, another money panic sweeps ovel
the Nation, another period OF general dis
| Lress stretches a dark cloud across th'
, moral and political horizon; another
probation and painful endurance of suffer
ing and starvation is the doom of tn,
honest tOiier; and, strange, most IneXpllca
| bly, strange. ac fails To see and learn th'
| cause of these financial crises, which so Oft
en- 'pro>tra,c and ruin him; and fails 1,
, observe thai ne cessation Of one panic an(
period OF di~ir. s. is only the commencement
, Of another be fails to see that our rapi'
growth and prosperity will be merely ten
pOrary-thai Ii is only the gathering of an
other storm. licnce he never dreams, afte
5 "A revival of business has again commenced
| that he Will ever see hard times again. oh
how short -sgh ed, how ignorant of the ma
{ | ture of our ruinous financial system, ant
how ignorant ana unODserVant OF our pas
= history. Bu few OF the people seem to hav
ieari.ei TIA those distressing periods calle
"hard- ines are periodical, like the ebl
Ing and u" ,.us of the tides, and must al
= ways he : - .er our present system, whic
was estabii-a,d by bankers, bondholder
and capita !, :, I1rt tneIr own benefit, and
!, | is to their uwi interest to have a system tina
will p, odu uin, distress and hard time
: every few \. ar-, and that is the reason W
have such stem. Even some Republic
i al pipers a.tiiiit This.
Inc Cnict,g ri uae Il strong Republica
paper, saw: They want panics. The
want ulolsr. famine. They want anoth6
slaugh' er AID sacrifice of property. The
want that Ilgi WHIT .ch results in the transft
OF the ar perry OF ,uc many To the posses
u siou Of the irN."
There, Ia r.uiiy reader, you can now ur
y derst tnl 40 e the explanation of Repul
:. lican ptprT why we so frequently haN
panics ahd uaid Zines. They are produce
IT by class "i >pc':tiiniors who make mone
out OF it. | makes money scarce and dea
u 80 that tne people aud the business con
munity are compelled to go to them to boz
row money and pas them Il big interest Il
" il. aud il brings down the price of all kinC
of property, 80 that they can buy it up
It ha.f price and keep il till it rises i'll vain
aud then make "A fortune selling It. The
J, frcts show II is to their interest to bring {
hard times td crush the people into Il
ditch OF poverty. AMI poor human nature
generally - Ter controlled by self-interes
, more under iiS sway than that of conscienc
II llen,e TIA people may expect to De MAJ
II fl, qurnt ci ms Of financial storms, PAM
II anu nara llil.e- uulH iney WGeSl inc 20
Crumeut uut ~ he hands of unprincipl'
j ~, culalur. and wealth hoarders and run
Ia their uwu Interests. Nobody can be sa
under sueh system but the money king
and What j. OF still greater importance
present paIc.lt can have any assurance tn
IL own Children will not be reduced
pov 'riN' mart under such system after
h1- qtd the stage OF time, and perhaps b
com" p-uycrs and beg@ars. Rememb
,hu luIi hons under the aIiOus Go
errlnent- 81 Europe have already be
sunk In'u the lowest ditch
r"Nrrty, hoggary and want under this rui
Gus Sy-tc g., which proves it to be. destru
tive, imppv, r>hing and ruinous to the
boring auL Industrial classes, and cons
! | Iugnty dangerous system to live und,
- Hence, | earnestly and solemnly invoke
the ia hers and mothers who expect
Iedve children behind them when they d
"A part from the stage of life to answer
!. dis solemn question: Are you willing,
70 can you cnnsent to leave such a systC