The Labor enquirer., 1886-01-02
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IAs nankszs Nesnshlly - Psspas's I'm
sAiss-E.saas - RxivAss Cisa-
sena Advoeassd.

TOT the EnQuaref.
Something now seems to prevade the
political atmosphere forebodine disaster
widespread and terrible. The panacel
prescribed is prohibition Of silver coin
age, and the ascelerating canse the
boarding ofgold. The modus operandi,
indicated BY able fihanciers is this
gold will be held BY bankers and capi.
talists till they create gold famine
Prices will then fall with an amazing
rapidity. and, he who has gold will revel
in the general collapse, amassing col.
losal fortune out Of the ruin he has in
augurated. To prevent the catastrophe
the financial alchemists would stop the
circulation of tho silver dollar, thus
making impossible q commercial depres-
sion, as gold being the universal stand
ard, prices could not be reduced by any
power or combination of powns. How
shortsiYhted the philosophy. How in
adequate the remedy, and how imbeclle
the schemer. Stop silver circulation
and gold can be more-easily cornered.
Let US beware, "a snake is in the grass.
In my last, I proposed measure
which would overwhelm the vampires,
who, for personal aggrandize ment, plot
commercial disaster. I then asserted
that it would be beneficial to the gov
ernment. All admit that that which
contributes most to the happiness of the
manv, contributes most also to the per-
manence and stabilitYof the government.
None but a usurer would consider the
present financial system equal to the one
suggested. Extend it naturally 80 as to
embrace the railroads. telegraph and ed
ucational systems and it will be COM
plete. The usurer will say that gov
ernment that would loan money to the
people must be demanted, Money, be-
ing neither wealth nor the representa-
tive of wealth. iudiciously distributed
enriches no man, but furnishes each the
means of exchanging the wealth he has
created, above his personal. wants, for
something that others have created.
Capitalists assert it to be the province
of government to donate money to
bankers, and we tacitly assent. Bank
Iers, controlling the medium of exchange,
give it to the people on such terms and
on such security as they choose. 1t cost
them nothing and they are enabled to
hang mill-stones around the peoples
necks. By the suggested system the
people would get the money on consider
alton of future repayment, on present
security. The bankers get it now on
consideration that they will never
repay.
The bankers and usurers in their mu-
nifcence, would, undoubtedly, take all
the money the government could fur
nish them at 6 per cent, if they did not
get it for nothing. They, good patriotic
souls could not endure to see money living
idle drawing no interest. The govern
+ment having loaned 500 to theproducer
receiving 81 year as the natural in
crease for fifty years, loans the money
received to the capitalist at s per cent
per annum. Taking up the interest an
nually, and reletting it, the government
would realize at the end of the fifty
years the sum of $557 so. The capitalist
realizes even more than that of the $l0O
he has cornered, by proving OIL the in.
-dustries of others. :
y They are ever posing before the peo-
pie, trumping in brazen tones their i'm
portance-the services they render the
government by lending their great tall
ents to its permanent advancement, the
benefit they confer on humanity as
bread producers-while actuated by
mercenary motives they have not the
Importance of an atom, they corrupt
government by insidiously poisoning
the fountain head, and spread desola-
ton broadcast among the people. Free
men may rest assured that they will
never be wrong in opposing, with all
their energies, any measure advocated
by the money kings. I'D. R.
III - OK