The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1891-11-24

contracting dollar carried with it the
constitutional right to make it a debt
paying dollar Qegal tender) and 50 the
Supreme Court decided The self con
stltuted constitutional lawyers are
treating the Sub-Treasury bill in the
| same way and with as little sense.
The substance is the necessaries and
| lux'lries of Hfe-mOney is the sign of
the substance and bonds and debts are
the sign Of the sign The substance
must be sold to get the sign, and the
sign pays the debt. The substance is
| what we want and we have no need Of
| the sign but to exchange the substance
and pay debts
These Self-cOnst tuted constitutional
| lawyers assert that it is constitutional
to loan to corporations money on the
sign of the sign, but II Is uncOnstitu
tiOnal to loan money to the people on
the substance that must be sold to get
the sian to pay the substance. It e
self evident that if 1T Is constitutional
to loan money to corporations on the
sign of the sign, it is constitutional to
loan money to the producers on th4
substance that must be sold to get the
money to pay the bond The substance
is the wealth, and money and bonds
are only signs of the wealth, and would
be worthless if it was not for the pro
ducts of labor. These are stubborn
facts, and there is not a lawyer who has
given this question ten minutes thought
but what knows it, all their assertions
to the contrary, Notwithstanding.
Mills, Vance, Sherman and the whole
herd know the Sub Treasury plan is
constitutional They knew it when
they asserted to the contrary. We
will pay any lawyer one hundred dol
lars each who will answer the above
show how it is constitutional to loan
currency 20 banks on the sign of the
sign. and unconstitutional to loan
money to the wealth-producers on the
substance that must be sold to get the
sign tO pay the sign Of the sign.
We could as well offer one thousand
dollars, and it would be perfectly safe.
Dear reader, there Is not q lawyer
that has a thimble full Of brains that
will make the attemp5. The friends Of
the Sub Treasury have all the argu-
ments. The other side gives no solid
reasons, because they have none to
give The time has passed when a
suffering people are going to accept the
assertion Of any man unaccOmpanied
with a reason. Our whole financial
~ SbClJl IS ltuLtHtl Ol lCti1h III ILISJlCvT
and must be destroyed, root aud
branch, and in its place established an
j. duStrlal system controlled by the
people from which are eliminated ali
dIstrust, AMI from which no panic can
arise 4 system where every transac-
ti0n is cash and every dollar deposited
is guaranteed, there can be no panics.
WE NEED A LARGER VOLUME OF MONEY
THAN ANY OTHER NATION.
The volume IF money transacting the
business of other countries is no stand
ard by which to fix ours. Our civilian
ton is higher, our wants greater, our
population to territory more extended,
we have more Improvements to make,
our undevelOped resources are greater,
we have more papers, books, schools
and churches and railr ads The as
piration of Our people are higher and
our labOrerS want luXuries as we'll as
the necesSaries of life
We must crafty all. We have the
raw material and the skilled labor to
produce it. We need enough Of the
sign of the substance to do our business
on a cash basis without the lnterven-
tiOn of banks of issue and the creditor
class. Labor must have steady en-
ployment. To do this we must have
sufficient volume to give them employ
ment
The money to transact the business
of this country on a cash basis must be
determined by actual experience. Who
is to decide thls2 The people. This
must be a government Of the people.
for the people, and by the people, in
practice as we'll as in theory. The
people have solved every question so
far presented for solution. They must