West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1890-10-23


high-priced goods, wares and merchan-
aise, because of their being manufactured
and sold by American monopolists The
only projection connected with tariff ia xa-
uon should be mere incident to tariff
laid for nothing else but Government
revenue, and even that, when il enhances
The cost of the necessaries of life, should
be wholly eliminated il possible.
A tariff enacted for the sake Of protec-
ton, designed as q law whereby one class
OF oar citizens is protected against COM
petition in the manufacture and sale of
articles nc increased prices over their real
value, is not only in violation of the Con-
stitution, but legalized crime, more
distinctly at war with principles of
liberty and equality than the stamp tax
which caused the American Revolution
Such is the system now in existence. It's
reform and revision on the basis of a
tariff for revenue only would relieve the
farming class of the payment OF not less
than $500, coo, GOO annually extorted from
them fer the protection, aggrandizment
and enrehmento of manufacturing monop-
olies, trusts and all the kindred brood of
ugly moneyed monsters which now infest
the lnnd and prey upon the people.
BY the tariff reform which indicate IL
would become the farmers turn 20 enjoy
protection; protection against high priced
markets In which TO buy, and low-priced
markets in which to sell; protection In the
ownership of his own time aad labor; pro-
lection against tho condition OF a slave
for two days out of every six. with mo-
nopoly as his owner and overseer; protec-
lection against class robbery, spoliation
and plunder; protection in the secure pos
nession snd enjoyment OF his own earn
ings without being compelled TO divide
with legalized hooters OF pay ransom TO
financial brigands. am for this kind Of
protection, and it would afford immeasur-
able relief where relief is most needed
and most deserved.
Second. A full supply Of legal tender
money in the hands of the people, proper
toned in amount TO the population and
business of the country, Is as essential TO
she prosperity of the farmer as a sufficient
quantity of blood is TO human life. II ia
nowhere denied that there is at this time
meager and stinted volume of currency
in circulation amongst the producing and
business classes. This fact is owing large
ly TO the absorption of money by the mo-
nopolies at the meney centers, and to q
great extent also to the growth of popula-
ton and the expansion of business with
out any corresponding increase in the
amount Of our circulating medium.
The figures OF the census and the sta
tistics of finance show. that while our
population has increased 25, 600, 600 in
the last twenty-five years, and the re-
quirement of business for the use of
money has increased in the same proper
ton, yet there is in fact less money in
actual circulation in the hands of the
people or attainable by them for daily
use than there was n quarter Of century
ago. It's the constitutional power and
the constitutional duty of the Govern
ment to authorize and enact by its stamp
on either gold, silver or paper. sufficient
amount of money, full legal tender in
quality to meet the sound and healthy
demands of the people in their trade.
their commerce and their DEVELOPMENT of
the physical resources of the country.
Thus the Supreme Court of the United
States has decided, aud thus, in spite of
those interested in the scarcity of money,
IN low priced property, and in Cheap
labor, the law stands settled With the
power in Congress TO declare what shall
be money and how much shall be issued
what necessity can there be for the far
mer TO offer his lands to the Government
aB security for a small loan in his sore
distress? He has higher right than this
20 much ampler and more enduring re-
lief. / fully agree with the Senator from
california MS. Stanford in his state
meDt that "ap abundancs of rnonev
means universal acdvity. bringing in its
train al the blessings that belong 70 q
constantly employed industrious and in
tellizent people.n
do not, however, sgree with hira that
the land owners Of the United States. the
sovereign people who own aud support
the Government, should be left To become
borrowers at the door Of the Treasury on
their mortgaged homes al one half or one
quarter OF their assessed value or at any
other appraisement. do not agree with
him that such system woold n the lorg
run bring any relief at all. The owners
Of the soil stand on higher, safer and
more dignihed ground. The Constitution
of the United States confeTs the power ON
Congress 20 create and issue all the money
needed for the relief Of the people: and
for tie value, tie integrity, tie good
iaiin ana the final redemption Of this
money I'll the lar6s between the two
oceans, all the homes on the farms or In
the cites, all the wealth Of monopolyand
OF corporations, all tine csedft, resources
aid honor Of the Govcrnnent itself stand
pledged, and viii stand pledged forever.
~ Cengrese, en- such pledge, such a
MOI b age, furnish 10 the laborine masses
and the active business interests Of the
country an amount Of c0rrency in pro-
portion to population and trade. and
every active ind ustry viii be stimulated
prices for agricultural produce will be-
come remuuerative, mortgages will be
paid OF, old debts VIII be wiped out.
WAGES viii increase 20 q fair exchange for
work in the shops and IN tie coal mines.
tkc wsinkled visage Of hard times will be
tmoOtbed, and homes now dark with
gloon and distress will smile with peace
and plenty. The largest amount Of legal
tender notes (greenbacksl known in our
financial history since the war was S432.
75J,C04 and that at time when our
population was 25,OCo,O 900 less than il is
now.
The present amount Of the Qreenback
circulation is S34G, G31 Oi6, being q con
traction Of the currency, fOr an enor-
gnousiy increased population, Of SO. O7G.-
655. Had / the power, j would. Is a
measure Of justice, wise policy. and per
7oanent relief 70 every worthy and i'm
dastlioos class Of citizens, restore the
HreeBback circulation to the highest point
- ever reached in time Of peace. aid there
maintain it. Let the 80, O1G 5ss b. re-
fssued, with debt paying power. and the
homiiiating idea Of mortgaging home
steads for small loans viii disappear for
aver 40 zuceIiafive disturbance IT,,