The Black Hills union. [volume] (Rapid City, Pennington County, Dakota [S.D.]) 1889-1904, 1891-10-30
HOW 8 rHis7
Could It be Possible That These Men
We're Calamltyites.

COnlQ N he Possible Tina Vn010 NeM
We're Calamltyites.
Gen. John A. Logan: "The panic
OF rs was attributable to the scarcity
of money and not the kind of money"
United States Senator Bowen said:
Under one secretary of the treasury
the volume of currency was reduced
from two billions of dollars down to
seven hundred millions"
Senator Plumb said: ..For thirty
years the whole financial Legislation
has been in the interest of the bond
holder and money lender.
Lincoln said in '64: Gas aresul
of the war, corporations have been.
enthroned, and an era of corruption
in high places will follow, and the
money power of the country will en-
fdeavor to prolong its reign by work.
ing upon the prejudices OF the people,
until all wealth is aggregated in the
hands of a few, and the republic is
destroyed. / feel more anxiety for
the safety OF my country than yer
before, even in the midst of the war.
God grant that my predictions may
prove groundless.'"
President Garfield: 1.-The next great
question to be confronted by the peo-
pie will be that of corporations and
their relation to the people and ma
tional life. The fear Is now enter
tanned by many Of our best men that
the national and state legislatures of
the union, in creating the vast corpor-
ations. have evoked a spirit which
may escape and defy control and may
WELD a power greater than the people
themselves"
What is the money power? Let
Chauncey M. Depew tell. Fifty men
in this United States have it IN their
power, by eason of the wealth they
control, to come together within TWEEN
ty-fours and arrive at an understand
ing by which every wheel of trade can
be blocked and every electric key
struck dumb. Those fifty men can
control the circulation of the currency
and create a panic whenever they
will"
New York Tribune: The time is
near when the banks will feel them
selves compelled to act strongly.
Meanwhile a very good thing has been
done. The machinery is now fur
nished, by which, in an emergency,
the financial corporations of the east
can act together at a single days no.
tice, with such power that no act of
congress can overcome OR resist their
decision"
The New York Times expects the
money power to get possession of the
farms by foreclosure of mortgages,
and in a leading editorial, published
August 9th, 1877, it anticipates the
result, and prepares the public mind
for it. 1t says:
"There cen to be but one remedy,
and it must come-a change of owner
ship of the soil, and a creation of a
class OF land owners, on the one hand,
and of tenant farmers on the other
something similar in both cases to
that which has long existed and now
exists in the old countries of Europe.
Everything seems ripe for the change.
Then will begin u new era in agri-
culture, and n that seems very de-
sirable. Those farmers who are land
poor must sell, and become tenants
instead of owners Of the soil.'
Lincoln, always the friend of labor:
Labor is prior to and independent of
capital. Capital is but the fruit OF
labor and could not have existed had
not labor first existed. labor is the
superior and deserves much the higher
consideration"
Lincoln also said: ''You must not
put capital above labor in the struc-
ture of governments; but you must put
labor above capital."-Chicago Sen
tinel.