Dodge City times. [volume] (Dodge City, Kan.) 1876-1892, 1891-08-07
FALLING IN LINE.


1
| Advanced Thlnkefs in All PARTIES Are In
| sAvof Of the Establishment of . eople'i
| BankinE system.
The partisan press and the politician:
who are opposed to the alliance, are
| extremely anxious to force the order
into false positions They assert per
sistently that the sub-treasury bill i
the ultimatum of the alliance, when
they well know that in every instance
where it has been made the issue, it has
been forced G.. as And we may re
mark that in every such case, the sub
treasury has come out victorious. 1t is
now being asserted that President Polk
makes the sub-treasury paramount Ia
all other questions. The enemy puts
down his position as follows: That he
regards as most important
1st The sub-treasury bill
ID Free and unlimited coinage of
silver.
Sd. The modification of the tariff.
President Polk has always held that
a change in the financial system of the
government by and through which the
Industrial many are being robbed and
ruined by the moneyed few is the great
overshadowing paramount issue before
the American people. He has always
held that free coinage, tariff, sub-treas-
ury and all other questions are subor-
dinate to this great issue. No free coin
age act, no modification of the tariff,
no increase of the currency-none, nor
all of these, can ever bring just and
substantial relief to the people, so long
as the present unjust and outrageously
wicked financial system prevails The
national banking system must go. The
money Of the people must be issued to
the people, independence all expensive
agencies and in sufficient volume to do
the business of the country. This. and
not the sub-treasury. this. and not the
tariff, this, and not free coinage, is the
mighty living issue before the people.
The alliance wants and demands q
modification of the tariff, and it intends
to have it The alliance wants and de-
mands free and unlimited coinage of
silver, and it intends to have it; but it
will no longer be deluded and ensnarcd
with the fallacious idea that these are
paramount to the money question. The
politicians of the country have been
deceiving and side-tracking the people
on these false ideas for a quarter of a
century. but they can do 1t no longer
Raleigh IN. c. Progressive Farmer.
just about the same time that Presi-
dent Polk was writing the above edi-
torial, r. T. Van Horn. the veteran
journalist and editor of the Kansas CITY
Journal, was writing as follows for his
paper:
'Have you ever stopped to think
what the leading business of this coun-
try-of the worlds? 1t will sound
strange to some. but it is true, never
theless, that the first business of civil
ization, the ruling business, is money
lending. It was not so once, but it is
now. Men carry on business to earn
money to pay interest with. When in
terest is 4, 5 and 6 per cent. they can
do business; when it is 10 to 90 they
can't make living at anything.
''For a period of seven to ten or
twelve years money lenders let their
goOds-cash-at the lower rates, and
the people of the country build mp
wealth and increase the value and
forms of property. Then some Barring
firm makes a scare, loans are called in,
interest runs up. men can't meet their
paper, securities must be sacrificed,
mortgages foreclosed and the accumu-
lated profits of those years swept into
the hands of the men who loaned the
money.
THAT is the short way of saying it
and it is made possible because our
laws make the money lenders interest
paramount Let us see. The state of
Missouri and the state of Kansas issue
bonds bearing interest payable semi
annually. So do the counties, the town
ships, the cities and the towns Then
there are school bonds, court house
bonds and all sorts of bonds Next,
corporations, for manufacturing and
all sorts of enterprises to run
newspapers-an issue bonds And all
these have first to pay interest and the
law makes the claim paramount 1t
even sends county judges to Jail for re-
fusing to levy a tax, though the men
never did q wrong act in their lives.
docs not all this prove what we say
that the first business of civilization
Is money lending? What is the effect?
That the profits of labor-the first
fruits of all business-go into the hands
Of the money owner, and what is over
to the man who makes the money. 1t
is under this system only question of
-
men own the other class So perfectly
has this transformation taken place
that even reformers propose a system
of loans as . remedy. There is only
one remedy-the state, society, must loan
the money to the indiridual instead Of bor-
roscing from him. If the whole duty
of human government is to pay in
terest what is the use of having
any rulers but the lenders? Alexander
is emperor of Russia. William of Ger
many. Francis Joseph of Austria. etc,
but Rothschilds, Hirsch and their like
are emperors over them. Albert Ed
ward, playing baccarat, is heir to the
throne Of England. but the men he
owes his millions to are king over him
tho Bank of England rules the British
empire. He might have added: And
the United States
The struggle to rid the industry. the
trade and even the currency of the
world from the vassalage to the Insurer
Is the one master issue of modern civil
ization. If we in America want to save
we must change the system"
EQUAL RIGHTS DESIRED.
The Sub-Treasury Plan May Not he Per-
feet But It Il the Best Yet Recon-
mended.
The sub-treasury plan for helping a
cursed and mortgage-ridden
class Of people over pinch is far better
than no plan at all. Understand, we
shall not oppose the plan. We ought
to have at least that, if we can have
nothing better. But we believe fair
discussion of the matter will lead to
better. Certainly the farm
ers of this country must have aid or
they will lose their homes and become
tenants and tramps, and perhaps some