The farmers' union. (Memphis, Mo.) 1891-1895, 1891-03-19
THE RULE OF FINANCES
A SCHOOL BOY CAN WORK OUT
THE PROBLEM.
As the Whole Number of People Is to the
Whole Amount OF Money III Circulation,
So Are the Times Hard Prosperous
in PropOrtiOn.

in Proportion.
How many people there are who still
believe that hard times come as IL ncces-
Sity. at regular intervals, as the seasons
come and 60. or as the moisture is Alb
sorted from the earth into clouds and is
given back in refreshing showers. How
often We hear perSous relating their
wrest!ings with hard times. attributing
the results to causes many and varied.
and invariably aiming very wide from
the mark.
Hard times have come periodically,
with high tariff and low tariff. with pro-
lection and free trade, with revenue and
without revenue: each and all of these
side issues bearing about the same rela-
tion to the real causes as bcvy OF spar
rows, circumamhulaling the dome nf the
capitol building. bears IL the colossal
structure oi steel and stone near the ter
minus of the brooklyn bridge. which Is
the pride. and glory of the metropolitan
city.
Hard times and prosperous times are
each as legitimate res uit- As is a rule in
mathematics or Il law i'll gfaNltatloh.
Any school boy can work out tt, prob
lem.
As the whole number Of people is to
the whole amount Of money III circuIa-
tion. So is each Individual pcI>un to his
individual share.
These are the exact premises to the
problem. 1t is the universal rule ap-
piled to the finances. II is as true aS an
axiom. 1t cannot err i'll its reSultS.
Again: Il money that is madc Il full
legal tender for all debts cannot iluctu-
ate in value.
Spectators cannot gamble i'll full
legal tender money.
A dollar of full legal tender money is Il
dollar at all times and places and under
all circumstances, as long as the govern
Inent remains that stamped 1t with its
fiat and lets its creation remain uniform
of its functiop.
Money gamblers could never speculate
on gold dollars because they were made
by the law Il full legal tender.
They could never speculate on the
paper dollar. or any other dollar, which
under the enactment of the law was
made a full legal tender for all debts
both public and private, As they firhed
of power from the article thus created.
The first issue of 1000, 900 of green
backs under the mandate o. President
Lincoln Were always as good as gold.
They Were always at par with and re-
ceiyabe in exchange for gold coin, be-
cause they were made full legal tender
for all debts.
But when came the second issue, the
money pirates had stalked into the halls
of congress, had tampered with the law
makers. and lad succeed iii getting
stamped on the back Of the people :
money the fatal word except.
Except duties on imports and Interest
Oh the public debt
" IL E # at.s-
ments which deprecated aud contracted
our money and made ii possible for the
few to convert it into Il lever of tyranny.
OF oppression and uSurpation to bind and
hold the masses in abject perpetual sav-
cry.
Hard times have been periodical ever
since the dark ages. Every person
who is i'll the least familiar with the his
tory of nations of the past, knows Of the
great suffering and poverty endured by
the masses during the period in history
known as the Dark Ages" and OF the
causes Of the misery and privations.
1t rus due ,rItoity to 1t congressional dc
lrecintiou contraction u13d destruction u
the tegdt tender money Of this cDtGtrB
The money was withdrawn from cir
culation.
Prices were thus reduced to a mere
minimum.
The homes OF all the agricultural pop
luation were gathered into large landed
estates and the clutch of usurers.
Poverty. wretchedness, hunger ano
want went everywhere among the wealts
producers.
The rich throye apace by legalize6
robbery.
They gambIed with the peoples money
a. with loaded dice Oh the gaming table
and won.
They ran riot i'll wealth and luxury, il
lasciviouSness and dissipation.
From that time to the present, wher
ever civilization has extended. there hav,
been periods of vast accumulation o
wealth by the few, and poverty. hunger
want and wretchedneSs by the masses
And in every instance the sole cause la
been. first, the depreciation and directI,
following it. the destruction of th'
money: Il drawing of it i'll from the ave
nueS of circulation. Thus the rich were
made richer and the great toiling maSse
were reduced to an abject, hopeless serf
dom. to escape from which there mus
be and will be 4 political revolution
even now gathering and soon to break
The causes Of the downfall of othe
nations have settled like deadly bligh
over the fair face of our once happy an,
prosperous America.
Colossal fortunes are built up as b.
magic, while the homes of our agricul
tural population are slowly yet surel
dying.
Our currency, through the enactmen
of statute and congressional laws. ha
been purposely polluted, deprecated am
contracted.
Our money has been drawn in iron
fb.,a ,.ff h,,rt i,,f
the great money centers. and is ther
held until there is Il universal stagna
tion. The homes of the agricultural
population are being constantly blank
cted with mortgages and sold out a
sheritf's sale.
The people who have produced all tn
wealth find themselves and their chidre
slaves to needless debt, with intercs
to be paid semi-annually in gold.
History is repeating itself in our owl
beloved America where the suprem
right of the ballot is in the hands of ii
male population who have attained thei
majority.
VIII voters of this good nation aris
and in the majesty OF their own manhoo
vote that the causes that produced thes
hard times among the masses be speedil
and forever obliterated from our statut
and congressional records?
England'S greatet statesman once sale
''Show me the laws of a nation ard
will show you the condition of its pee
pie"
A deeper sentiment than this wa
never uttered.
The voters of this nation have only I
learn of the enactments of law by COZ
gress from Feb. %. 1862, to Jan. "A, ISL.
to know of the true and only causes tn;
are striking the death knell of our r.
public.
Education means emancipation.
Educate. Educate. Educated.
Organize. Unite. Act.
Overthrow both old political parti'
and let us have new measures and ne
men in congress as law makers and a,
ministratorS-Anna ID. IVedrer, IN IL
Ta11ced THOlt0ht