The midland journal. (Rising Sun, Md.) 1885-1947, 1890-11-21
GOvERNMENTLoANING MON
EZ TO FARMERS.
LETTER FROM MR. MOVES.

Jul NAttgtG u9 UOtCkuA4Cut
LOaning Money to Farmers expresses
my views exactly. / have been con-
WINGED for some time that the govern
ment will have to assume the farmers
mortgages at q low rate of interest to
help them out, aud further that the
State should not tax farmer on more
than he is worth, which is the case now.
An income tax will reach the very rich
and those that have an income in SAL
aries. Property not given in shall
revert to the State at the death Of
holder, / believe there is . law to this
effect 10 operation in Mass. Such con-
ditions will make the very rich howl,
but it will be wasted on the winds. If
government will assume the mortgages
with sufficient money in circulation the
day Of rejoicing will have come, and
the MIDLAND JOURNAL will realize the
good work it has done for the farming
community. This talk about the farm.
ezs becoming serfs in this country will
never fully materialize. The sons of
the Puritan and Cavalier will never
long submit to any condition of slavery.
Blood will run cold first. Your view
Of the conditions which face the farm
ers. there is no question about it. "Fall
Of the Republic is imminent if money
bags are permitted to run the govern
ment, under acontracted condition of our
currency, unless government aids the
farmers, money bags and national banks
will continue to hold ON. They loose
their grip when the people have other
sources to get money. Blaine's speech
in Chicago last week fully shows that
when plenty Of money is in circulation
the people are prosperous. I have
publicly proclaimed this condition as
You know. The money circulated by
the government in the Mexican war,
the gold Of California, the money in
circulation in our war OF the rebellion,
is sure proof that the farmers will be
prosperous, tariff or no tariff, If such
conditions exist, and the opening of
gold and silver mines, circulation of
money by the government sufficient to
do the business Of the country will
bring relief. If the greenback had
never been funded the farmers would
have been prospered longer, and inde-
pendent Of national banks. The MID
LAND JOURNAL is doing good work.
It is only matter Of time when the
silent papers will JOIN the movement.
they mostly swim with the tide.
Very truly,
e. MOVES.
The above should have appeared at
an earlier date, but was Inadvertently
put out Of place. But such sentiments
are always in place. Would that more
of our intelligent farmers would realize
the situation and the great need there
is for them to lend helping hand.
The cities are under the thumb of the
money trust and the farmers alone can
face the enemy if they will but join
hands. Then the labor and business
population Of the cities will support the
movement. What benefits the farmer
benefits the merchant, mechanic. the
artizan and all the professional classes.
The present condition benefits none but
the debt holding, usury sucking YAM
pires. They cripple and weaken bus
mess. They are parasites on the body
Of productive industry. Usurious in
terest must be destroyed. 1t has been
the runner Of empires. 1t is not the
province of capital, as money, to draw
more from labor than labor can produce.
Labor ID subject to thousand mishaps
and accidents, which cannot be forseen
OF guarded against. Capital when
fastened onto labor by the steel hooks
Of mortgage or interest drawing loans
shares no risks or losses, but sucks with
the Unsuitable greed of a vampire.
There is no escape from its devouring
greed but through sufficient money to
transact business, without the risks
which such large percentage of credit,
which is at present employed. involves,
on account of the insufficient volume of
money. The government alone has the
power to control interest. by loaning at
low rate and using the light interest
1t exaets as q part Of its revenues,
which would cooperate with and assist
industry by RENTING taxes, while
usurious interest exacted by the private
money loaner is fine upon industry.
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