The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1891-11-10
THE CREDITOR CLASS AND THE
MONEY LORDS.

amount that will give them an advan-
tagt over their opponents. They a. e
IN debt beyond redemption, but they
must have more money. To get it
they must obey the money kings. Gold
was growing scarce and silver pientier.
The increase of silver threatened an in
crease of specie per capita This was
III antagOnism to the creditor class
plans. 1t was to their interest to in
crease the purchasing power of their
incomes. They demanded the demOne-
tizing of silver as the condition on
which they could secure additional
loans.
The mOnarched governments being
pOwerless to secure the desired aid,
demOnetized silver. A lar1e per cent.
Of the shrinkage of values is the direct
result of the demOnetiZing Of silver AS
one dollar in coin will float their prom
ises to pay with gold and silver as q
basis for their promises to pay double
TIE currency could be issued. This
would double the paying power of
labor and demand the purchasing
power of the creditor classes incomes.
This would enable the creditor class to
pay the one hundred and fifty billions
Of debt with One-half the products OF
labor. The object of the creditor class
was to squeeze more of the neceSSarleS
l1t Ii tI'
SulC uii3 I iesSo 'iir'o ilaeo ~ ~ " IinI -,
ltt. " rll0 Pe,, +
lfS po" "on oi l<rooL f lsr ol d;T,oo+ GrllC
W. Ui4 90 oit VI f ~
iI VI CIlo CornUl II1G ~ Tii0 m
LIl, "a, C4it,C' D o
lri lilr f Ce I1lIlo,llGtlI0 81 I,'
" '''y on Sl,l 90 +I,i,,
'lo0 Cii0 ~. t'''i ll1'olll po|'e "L UlnIl,
',, 7 1,IG,, f e. IIt+;,
fao ,,,l ,,oo to
~ J
ool, d on ~ ,"ll, l,rt ''fr ~ +I,i
,ii ,i1 L,,1i
lDoli, S'.ti f,St. a. '''l si'I''l -
I5li ttoi' VIC ilic ,St ,ti Iei ClI,S - iei
lS':o ~ VI ~ 'tDootC US 80 ~, S'9 q
~ ~ | C'i,, 'l4e f
P,o4 q y - o''
Giilo hei,,, oo,,ol o roa,,c+;, ?,
:; VIVA I Io r0 ,i,, WIZ
,ra soId cnooro,. Io I,,o1,7a INV I.,oaT,o,.
D. 7C4Is + I,, W-i+l
f Sobtf, ~ +I1
4 Il;IIiD,|1(1,,o Cf
PG0a Ga ,,r3,,+a of IaboI. r. r1,Iy +l,a Ioh-
r, - I'll ,,o,I13 ac
il-- - Posl
IO| . We IetS q iS'i - = : ~ II.'oo
t'l1,' q " ~
a,,i' I, ~ Cir9 Cni0
oJr IF +LaCo lioirp +icio
SoOu0 Ai5'c'li0 t 80. @ "i:lC9
llIl'HU o0 ul0poo0u VI W 80 oIl9 u SSLlUoI
Cl9t9SeS lLlo5eE ~ pay "CD'o Ch03'P
Ply uoe Silu 0ti1I'P SoI;o 10 f il''G ,llo
= cIe''IUoI Cl''e2 @ oI0 w. %oI n IoI' InoS
cI 0i'e ll0GoSG'l l0o Vi lli0 IllOo UIl0ii LAC"
incomes. W w Int'9G nave on auV i aIlce
III prices 10 s5U ClllS we nluSC nave
more money dllu Ll:lt'otG LIe :T E0IuiIle
o. I money ~ Cllde POM c Eu@O w WIll give
CiIe ?LouuCel0 q Ie'lL PlolIU' IL ti GoO
o'"o5iSl til9 W W tloil UllG
SIe:IC - oOeii 10 e'lL 1i GoC %
oerlVeu oy OIle CIeulUoI Claoo WI oe
IilNeS10' III oollo ot Jul E1eIIeu Illttt9, rs
CIle3: Ao LdoV % Clle ucoUGI pay I7 Cii9
creuIIo[ Grass Cne principal CLey VIII
ilIEeoC 'nIo III tEllIS 0ilIRioy NJ llleIjG W
IdooI IL IQiiio 4I iiiIl'a 49, -? $4,000
c5S'So WI IL Gle 4 D1LT Ell ~ O4i6 H. ilo'ua u IIei
'',fO' - ~ ,J - Tiio G'lhIs IT
oion f E,.a,Ioa WIZ Ioid +1ln ot;aCai
6"o+ A. tboIT i,,L-oo+ +boir 7,1o,'oT[ ~
~UoI 1,.oS,,c+;o,, "a onto"o13iorl1 Iii o9ono
- - % I
tyenn ~ e' tho indnetTiaI Class and tho
cro6ito, cnI I lass mist ha ran1oveJ emo hof"rC
oi', i1'toJI i,,J,,S+ral ~ % nioSs cor anDriob Tbo
I3or+u De,r ~. DnonIe tbat does not IT,, ool[ to
c'b 4bn To131oIEei IF this 9ntaoonicTo io 1,co,
lass lass and stands in the yaT Of ali reform
and and no1st no brushed aside Iilra coh-
,-l wnb, NeitLar Of the two 0Id nnIiticaI
oartine nronose to do This The machine
Pf'- IF Zach oe r. ie Dnder the control Of the
,,1o,1oT 49, noJye1. and each ara d0ino, thar
hest to throttle the indnstriI i class
IF the neonIa look to these two old
mt r6acRin4s 10 do the work tboU
vii fnd tbt ir n7anacioe mnitod obtc3r
on them The industrial class If the
T-:tI c,.+I - l: -: M