The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1891-12-22

to it they bow down and do homage.
1t is their king and high priest to
whom they have given. all power over
the people, and with one accord they
bow down and shout, great IS Diana OF
this republic. Other countries have
their kings, pOtentateS and ~pensiOned
ari-tucracy. In this mOnicd corpora.
ton we have our a~ristOcracy with more
power than the kings and a~rIStOcracy
of Europe. 1t would be an immense
advantage if this pet Of the two pOlltl-
cal parties were pcn@IOned and To the
people were restored power to com
their money and say how much they
need to transact their Ou-lneSSO on aca~h
basis. If this power was restored u
the people it would bring prosperity,
the wealth Of the country would eN-
| pand and all would find profitable en-
plUymCnt. trampS would disappear,
poverty and crime would decrease,
taxes would be greatly reduced and
the nation would bound forward like a
mighty giant released from a Oun
tain burden. and the industrial class
would sO0u be~r,leos@d from industrial
slavery.
1t is a historical fact that where q
| nation has he'd q mD.try famine, gen
Il l P1AfNLA kALAN'Li t-tE II a. - 't''Nt $1,000
has ALWAYS been followed by increased
poverty and crime. 1t is an aXtom
that anything that increases poverty
increases crime in the ame ratio. The
concentrating money into hCat centres
10 be gamblcd with Is the result Of
manipulating the currency of the PEG.
pie and the decay Of nation dates from
the time of the contracting the volume
Of money. In the palnE days Of Rome
She had two thousand millions Of
money; previous 10 her fail she h&i
two hundred millions. The decrease in
the volume Of money was So per cent.
and It's purchasing power Increased 50
per cent. They owned and controlled
the wealth Of the nation by contracting
the volume of money. We are travel
ing the same road ana Will reach the
same result unless the industrial class
assert thcir constitutional rights and
issue money aud put 1t in circulation
without the intervention of banks, so
there viii be no notes to sponge tie
money OUt OF the channels Of trade.
Tn Republican party is the open
champion of this monjed corporation,
and the Demuc"atIr party IS its friend
ani tries to divert attention from It by
shrinking tariff reform and making war
on manufacturers and keeping the pro
ducinG classes divided.
Money is the creature of gvr rumeut
..aud only q representative Of Tn" value
OF labor products, Labor pr9dNceS
N2it' Money represents Eaiuc. IaPii
t'i L hoI money. G2PIai Is C9u :
lftT bounty 20 ''Ii hliiihnri, Consisting;
P~flinaIHt - Tue t,'Eiii "iu Us Il
ProdI't7, created " the LABOR Q! Je
noFahi ,tlu St~coIGi"cH( OF dwellings,,
farms, shops, mills, ld'Ioi les ana every
other Pfodu%' OF human LABOR.
IN the early ages OF Ile "orId Cntfe
was no S'cil IilhS as money. BARTER
was Il rrtniLlFe M ttnnu 81 exchange;
ouC as Che human race : 70 spread
oFet tne eaELn, II was iouiu QlHlcuit 10
exchange Iue pfoubC:S OF the SOL on
account OF the lack o. transportation,
ana so necessity gave rise to the use OF
gold and silver for tins purpose. The
scarcity OF these metals and their non
corrosive quailtleS, suggested Then use
as a lneul'inl I oeln8 easily
ana conveniently transporter from one
locality to another, but yet only as q
commodity, weighed out for the pur-
pose OF measuring some other commod-
lty Oh consumption
In process OF tlme the early kings OF
the earth began to SEE the increasing
ana universal power Oh these metals to
represent, measure nc exchange all
ot9er products. warfare between
constant. and carried ON mainly to
secure possession Of this treasure. It
was not long before these early kings
began to divide these metals into small
pieces, and stamp their image and
name upon them in order to secure
complete control of their use. Further
on, as population increased, these
metals were found to be insufficient, as
a medium Of exchange, and coming of
iron and other metals, as we'll as leather
and other scare material, were used