Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-09-05


two feet day and slipping back three at
nightH One will be accomplished about
as soon as the other under the present
system. Every effort made by the peo-
pie to get out of debt only puts them
further in debt, as instance the follow
ing: In 1887 there were more than twice
the number of acres planted to grain
than there were in 1867, which resulted
in more than twice the number of bushels
being produced, yet the crop of 1867 sold
for several million more dollars than did
the crop of 1887. This system has put all
corporations, states, cities and most
counties and individuals in debt. Some
idea of the interest paid the manipulate
ors may be inferred when it is stated
that for every dollar paid in pensions
since lS65-about which there is such
howling-there has been paid over 81 in
terest on the public debt, yet the
public debt is but q drop in the
bucket compared with aggregate of other
debts that draw greater interest. More
interest and less prices for the products
of the farmer is the object of the manip-
ulators of Hur financial system. The
people have realized that harder work
and producing more to free themselves is
n hopeless task. So they demand that
the government manage the finances in
the interest of the people and not In the
interest of the aristoorats. They have
proposed the sub-treasury bill as solu-
ton of the question. Bear in mind that
they do not demand this alone and will
have nothing else, but are willing to take
anything else that will accomplish the
object of more and cheaper money, and
take the finances out of the hands of the
greedy and merciless schemers. After
the money was cornered trusts and COM
bines were formed, and III many cases
war prices have to be paid for low priced
products, as instance beef, which the
consumer pays as much for now, when
cattle sell ct one to two cents per pound,
as when they sold at five cents. We
have grand country, with q varied
climate and products, an intelligent and
industrious people, yet there is general
murmuring North, South, East and
West. The following extract from page
56 of the silver commission report ex-
plains it: "Rowsoever great the natural
resources of q country may be, however
genial its climate, fertile its soil, inge-
NOUS and industrious it's inhabitants, or
free its institutions, if the volume of
money is shrinking and prices are falling
its merchants will be overwhelmed with
bankruptcy, its industries will be para
lyzed, and restitution and distress will
prevail.
In 1866 there were 532 business failures
in the United States. In 1867 there were
1886, and an Increase every year until III
1873 there were 10, AS. Does Mr.. j.
favor system that brings such results?
If so, ! can excuse him for hiding behind
initials. Mr.. J. hops on to the first
measure of relief proposed, condemns
and ridicules It,, and proposes nothing
better, saying in effect everything is
good enough and all right. But where
is the money TO come from, asks Mr.. j.,
if the sub treasury bill becomes law?
Where does any money come from? The
constitution gives congress alone the
power to issue money-no state or indi-
vidual has the right. Then, as matter
of course, congress will have to issue it.
But the 81 900, 900 people will not con-
sent-says Mr.. J.-for the government
to advance money to the 20 ZOO, 900 far
mers. The farmers feed all and furnish
material for their clothing, and should
not have the profits Of their
labor gobbled up by speou-
lators and financial manIp-
ulators then they could trade more with
the non farmer, enjoy more of the COM
forts and luxuries of life, and this would
enable manufacturers to pay better
wages, which in turn would enable them
to buy more of the farmers products.
This would enable all to buy more of
J's. lumber, huts would give way to
more pretentious houses and they IN turn
would give way to better ones. Young
men who are growing INTO bachelorhood
would be- enabled to marry, and they
would want lumber and j. instead of
going to farming would increase his ia
cilities for saving lumber to supply the
increased demand, and give work to
more men. The wheels of enterprise
generally would take on greater activ-
ity, the tramp tribe would fail of its in
crease and soon pass away. Hope would
spring up in the breast of the dependent,
suicides would decrease, work being
plentiful for all, much OF the thievlng
and robbery would cease, and all would
move with cheertulness and alacrity,
buoyant with hope. Peace, plenty,
prosperity and oontentment would pre-
vail throughout the land. Does J de-
sire this? If so let him or other DIRECTORS
propose some other plan of accomplish
ing the same object-nore and cheaper
mouey-and 1 will be with him.
l am not the son of prophet
either, but there is contest
coming between right and wrong, be-
tween Justice and injustice represented
by the masses of the people on one side
who produce the wealth and the aristo-
cratic idlsrs who take from the people
through unjust laws and their adherents
on the other. L expect TO be with the
people and the right. and hope 1 will
learn and vote right when that time
comes. The future promises no hope ex-
cept through change of the financial
policy. With this accomplished, other
reforms will be comparatively easy.
Respectfully, NJ. Fl. MINTER.
SobooI ohiIdran oan he shOd ar half tho