The advocate., 1890-07-16

Jenbity inc ueFCe war OF competition ll
labor's ranks. The country Is oyerun
with trampg and idle men, our women
and girls are offered as sacrifices 10 Nam
mon, and the cOnsumptive capacity ofthe
productive and indpairial labor Il re-
duced l0 q low Btandard.
+ We win now notice Henry George
again, keeping In mind toe existence d
enc mOdern irust. lie sayg:
rhB equation Dl supply and Demand between
agfcllnlral productions And InannlAcluren
FOODS. might thus be- altered in the same dlroc
ton and ~ the same extent by such prosperous
seasons VI improvements In agriculture aA would
reduce the price Of agricultural productions as
comrafod Uith manufactured goods, 0f DY Bnell
manufactured goods as would raise their price aS
compared with agricultural productions.
Now then / affirm that agricultural
productions" are at the present time
handicapped by both the above men
toned unfavorable conditions. Q) The
trust imposes restrictions upon the pro-
ductiOn" Of manufactured goods, thus
raising their price, etc. (2) The forced
precipitation upon the market Of the ma
tlons whole years supply OF wheat at and
within a short period Of time, has much
greater tendency to lower prices than has
a prosperous season. and has the same
effect upon the farmer that the manuiac-
turer would experience II he should In
crease his force Of labor and In one month
manufacture and put upon the market
an amount Of goods equal TO his normal
annual production.
What, then, is the remedy There is
but one true and scientific remedy, name
ly; The abolition Of industrial slavery
through the destruction Of the present
capitalistic competitive system Of ex-
ploitation Of labor. This involves the
ownership by the people Of all natural
sources OF wealth and means Of pr0duC-
tlon and distribution, and the national
control and operation OF the same for the
benefit and in the interests OF all alike
Under such system money, as we now un-
derstand the term, with It's delusive fraud,
specie basis, and It's iniquitous and en-
shaving attribute, usury, would disappear,
and the medium Of exchange would
simply represent divisions Of time, in
which labor has been performed, thus
making It possible for two or three hours
labor each day, performed by each and
all alike, to abundantly supply all legiti-
mate wants and desires of the whole
people. Such a system would sweep out
Of existence rent, interest, and profit
Briefly II is natlonallsm.
But a long step, indeed a tremendous
stride toward natiOnallsm, would be taken
in the enforcement Of the demands of the
alliance that "the means Of transportation
and communication shall be owned by
aud operated In the interest of the peO.
ple;" and in the enactment into law, first,
OF the cooperative system OF finance as
set forth In the Stanford Featherston
bills, which destroy "the power Of money
to Oppress." Usury, by providing that
the people shall loan money to the indi-
vidual at nominal rate of interest. Sec
ond, the sub-treasury bill, which inau-
gurates national trust, TO extend to ag-
culture the same protection against for
elgn and domestic competition, that man
importers and distillers are at
present afforded by the protective tariff,
domestic trusts and government bonded