The Bottineau pioneer., 1889-10-10
HIGH RATES OF INTEREST.

Brookings Press: Do the protesting
christians who are engaged in the business
of loaning money, ever earnestly and SER
iously think on the subject Of high rates OF
interest, as prevalent in this country? Can
they conscientiously think in charging
these rates? In the first place: there is no
law in any statute book in the United States
giving any body the right to what is tech
nically called ''two per cent q month" )"
How then is such . rate obtained? We are
told that the law is evaded. What is the
difference between evading law and break
ing law? Fit is right for the money loan
or to evade why is it wrong for the gambler
and saloon keeper to evade law? Is the
idea Of eyading law obtained from the
teachings Of the bible? When the poor
man puts two mortgages on his horse he
has committed q crime. What has the man
done who takes two rates Of interest? :?
Again we are told that as money is scarce
such rates can be easily obtained. When 9
man is starving be will pay large prid
for q loaf Of bread; but is that suficien3
reason for withholding the bread for starr
alton prices? Is the 'poor mans necessA
ty' the money loaner's opportunity? Thers
seems to be at present ON increase Of thf
crime Of selling mortgaged property; dod
not high rates of interest force men to com.
NIT these grimes? Can anybody logically
answer these questions
Where is the political spouter who has =
word to say for the oyertaxed people !?
Hard times are upon us; labor is not reap
ing an adequate reward: and yet taxation
upon the farmers mortgaged acres and the
poor mans home goes or just the same,
while wealth hides it's stocks and bonds
from the tax-gatherer. How long are these
inequalities to be borne! Will they be re-
dressed by torch-light PROFESSIONS or bun
combe speeches for monopoly candidates
Whilo the people with honest purpose have
been fighting the iniquity Of slavery, they
have been m0rtgaged to corporate wealth
and their hands have been fettered BY those
in whom they trusted. The tax question is
the supreme issue Of the day, and yet
scarcely word is said about it. Il will
not always be thus. Slavery is dead, thank
heaven! never 10 be resurrectcd, The time
is coming when men will look to their own
interests IN the exercise Of suffrage. Weed
sport IN. y. D cayuga Chief.
United Labor Journal; II some United
States Senator would propose that the gov
ernment should loan money to the farmers
on real estate security, say at three or four
per cent, hs would Be called crank, COM
mnnist, etc, but II he would propose to
make I free gift Of ten millions Of dollars TO
the national banks, the CRY would 60 forth
that he was . 'sgreat hnancier.'
Every species Of monopoly engenders two
CLASSES the very rich and the very Door
both Of which are equally hurtful to 4 re-
public, which should give TO its people
equal rights and equal privileges nnder the
law. Hon. benjamin +. Butler.
a Il is these indirect taxes which hurt.
Let u put ) stop to them and put . stop 10
the manipulations By which millions upon
millions are taken out of our pockets and
voted 70 the pockets Of Goulds and Vande-
bilts. 81
All who work. whether on the farm, in
the shop, il the mill Or in the editorial
room are interested in putting stop 10 IL.
Give everybody = fair chance that Il I'll
We ask. Lot farmers ana laboring mon
devote more ti.ns 70 studying political econ
somy and the STAIRS of govArnInent, and the
difficulty will b shortly rsmedied. Htop
bickering and hays mers confidence IN each
other. Read good neMspapers and rood
books. Make yourselves industrially lfOe,
d your sorefathers made yon politically
frse. Rslief Will neyer CONS ~ resistance
20 Inv ~ II may akist, but ~ ohanee 81 III
law8 Y Something hotter Onlv flgf eliu I'M
can arise ~ anythins Hike Violence. IL Il
.by the simple sacrsd ballot that the work
scAn be done net ~ anarchy W. need MOI
wago Any WaI, ~ this hoitIe of freedom
md rieAt ~, j. Wosl qaietl alreAdx