The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1881-08-25
ANOTHER VISION.
Seen Through Farmer JOhm's.'
Spcctac1es.


A case just related illustrates the
beauties Of legislation in favor OF priv
legged classes SO well that we ore con-
strained to use it for the benefit of the
public.
Eleven years Rgu, a young man bought
farm valued at 20, 800. He paid 81 900
down and gave notes for five years, Sc
cured by mortgage on his place. He
went onto the farm with fine personal
property Of stock, farming implements,
ETC., and has worked industrionsly since
then.
Six years ago, his notes becoming due.
the holder began to talk about an in
crease OF interest he therefore went to
another gentleman and urged him to buy
up the notes. "Why, / do not want your
farm, !" was the reply. "But, my friend,
you'll not get my farm for 81 ,3OO." Il
am afraid should have to take il, was
the reply.
But after while the notes were
bought. Too day the man, prematurely
old, is ready to turn over farm and per-
sonal property to cancel the notes. He
has said he could not. and would not
any longer struggle, against such odds,
and is determined to give it up.
The holder of the notes does not want
the farm. The 81 400 In money is bet
ter to him than the $1,000 farm, and
probably the farm and personal proper
ty will not, If sold, bring the face Of the
notes. Hence neither is the gamer 10y
the transaction.
The owner has not only lost the
original $1,000 paid and his personal
property, but also this in addition his
acres have been giving their crops Of
hay and grain for eleven years; his herds
have yielded their increase, and these
have gone to ply the debt. He has
labored early and late, and yet all has
failed to feed the hunger of that great
monster Of debt that seemed to expand,
as under the structure Of resumption the
value Of his produce shrnnk to one-third
the value it had when he promised with
it to pay that debt This We can not
calculate, save to say that all that earn
est will and willing hands could produce
on the farm has gone in this attempt
to save it. To-day he is poor man,
and let us calculate his loss:
Cash paid eleven wears ago. ...... . $l,0r
Interest on same eleven years at per cent. Go
PERSONAL property. 500
Labor of self at SD per month. ........... 1920
Labor Of wife nj per month. .......... 1910
Labor Of span Of horses ut $40 per month -. 1910
Total q, 400
Where has all this gomez
Turn to the bond. Doubling its value
IN, enfnrecf orA 90, Al, ~.~ll -
terest received in these eleven years,
and each dollar in this double the orig
inal value, being three times the original
purchasing power. and YOU have the
answer. Every dollar lost to labor, to
the property holder, is going to the
bondholder. 1t is not simply shrink
age Of property. 1t is theft, contis-
cation Of two-thirds Of all property by
the General Government, and transfer
ring the same, as a gift, to the Shylock
creditors, who are not content to take
the pound Of flesh nominated in the
bond, but demand three pounds for one.
The chained laborer, stnpefied by old
political parties, by the subtle anmsthe-
sis of class legislation, yields the three
pounds, and blood flows freely with it.
This is not fancy sketch. There are
thousands in New England, any Of
whom would answer to our description.
Look over the records of mortgages of
any county in New England, and there
will be found the beginnings Of many
such history as this. What shall the
end be? Who can telll II the finan-
cial policy of the last sixteen years shall
prevail sixteen years longer, the utter
ruin Of nearly one-half Of the small
land holders will be the end, while the
wealth Of the fund holders will increase
in like ratio.
II, on the other hand, the wheels of
the financial engine be reversed, if the
powerof corporationsan and the banks shall
be curtailed, in short, if the principles
Of the Greenback party become en-
grated into the law Of the land, relief
will be given to this class Of men, with
out doing any wrong to those who own
funded wealth.
How are these farmers going to vote !?
II they vote with the old parties, then
they will give their influence to continue
the policy Of ruin. II they vote with
the Greenhack party, they win give
their influence to have return Of pros
perity. Farmer John decides to take
the latter course.-1ne Freebooter.