The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1891-10-27
No. 36


and load up at fifty cents on the dollar.
Had we pursued the French plan i'm
mediate relief would have come With
prosperity, immediate relief would
have come and an influx of gold and
we would have resumed. We would
have saved the four hundred millions
lost by this act. If the French nation
could pay one billion indemnity in gold
IN 50 short 4 time. restore the Wastage
OF great war and give immediate
prosperity to her people by adopting a
financial system that gave employ
ment to all, how much easier we could
have done the same and resumed specie
payment by pursuing the same course.
1t is q disgrace to this nation that it
permitted a small, selfish minority to
dictate this act worse than a crime.
This act could not have been imposed
upon the French people, for the we llth-
producers are the government credit
Ors. The French creditor class are the
industrial class. The two are one in
interest.
In this country and all other Euro
pean States the two classes are separate
with interest t-diametrically opposed
to each other. This resumption act of
1875 was copied after the English
resumption act that reduced the land
holders from three hundred and fifty
thousand to thirty thousand and para
IyZed every industry during the four
years and filed England full Of tramps
poverty and crime.
The industrial class Of the United
States must choose between the two
systems; the one that prOStrated the
business Of this country for four years
and is annually rObbing them of one
thousand millions, or a system similar
| to that of the French that gave en-
plOyment to all producing q surplus,
! selling this for gold and bringing gpeace
and prosperity to all, Reader, have
you made up your mind which YOU
will choose! The system that makes
| tramps, impOverishes the wealth pro
ducers. makes men idle. locks up cap
itaI. fills aims houses. jalls and penitcn-
tiaries, adds taxes to the one hundred
| taxpayers and checks production Of
| wealth Will YOU choose the system
| that gives employment to all and
| brings peace, prosperity and happiness
to all:
If you want the first, keep the pres
ent system If you want the other,
| choose the industrial financial system.
You cannot secure an industrial
| financial system as long as the indus
| trial class are divided. half voting
| the Republican ticket and the other
| half voting the Democratic ticket.
The money power in the two old po
| litIcaI parties are united and viii vote
the party ticket that represents their
interest. Don't he fooled. Neither
! party ca,l 60 n}th.nG, even though
the leaders desired to do 50 ThemOney
power can control two millions Ct float
l.,
| Democratic party can carry one million
votes from the Democratic party to the
Republican party, and rice UeYSU.
Don't be deceived. The money power
means business They will not surren-
der one iOta of their advantage except
it is Wrung from them by sheer force
No force can down them but a united
industrial class Give no heed to the
politicians of either party. They are
not to be trusted Office and spOils are
all they are after Beware Of pretended
friends of the Alliance. You are asked
to go into the conventions of both
parties and submit your claims, ard if
defeated then submit and continue to
be robbed. Let it be distinctly under
stood that you intend to stand by your
principles, party or no party. No re
form ever came from old parties, His
| tory does not furnish a single example.
Both parties are divided on every line
Of issue. "A house divided against
itself must surely fall" Divided you
are a source Of weakness, reconcilcd
YOU are invinciblp. Inaugurate INTO
law the spirit of yolr principles and
you will soon double production and
consumption Resolve to be free All
reforms must come from the people.
Reforms never come from politicians,
and from the nature Of things cannot
come. Be true to your convictions;
be firm; be just; ask nothing but
what Is right and accept nothing less
Study conditions, ally yourself with
them and productive capital viii come
to your aid Remember. there is no
conflict between labor and productive
capital; it is between labor and DrOduc-
tive capital on one side and non pro
ductive capital on the other. Capital
prOductiveJ and labor should be
friends and not enemies. Labor and
productive capital mustunite against
the creditor class and destroy the SIS
tenn. There must not be a vcstigo left
Of it. All capital must be made pro
| duCtiVe 4 financial system where
every dollar is guaranteed and every
transaction cash, there can be no pamics
and we VIII pay one hundred dollars to
any Of the advocates Of the present
system that will show how a panic can
be DreCipItated
The present financial system j. re
tanned IN the interest of non-productjve
capital, spectators and gamblers. The
creditor class can precipitate a panic
at short notice under the present fnan-
cial system.
Stand by your guns and don't desert
the ship. If you do you are lost
JAMES MURDOCH.