The great West. [volume] (St. Paul, Minn.) 1889-18??, 1891-09-11
THE ALLIANCE.

THE ALLIANCE.
Ottawa, Kan, Journal: Over 2, 900
eub-Alliance charters have been issued
for colored Alliances since the Ocala
convention. Since the advent of the
Alliance stores throughout the South
the colored man has been able to get
more money for his cotton, and pay
less for his bacon.
The Home Sentinel: In Australia
the government owns the railroads. It
only costs a person Sc. so to ride 1000
miles there. Communication rates for
local service are still lower. A work
man can ride to and from his work
distance of miles for cents a trip.
IL miles for cents; "a miles for s
cents, 80 miles 10 cents. Yearly
tickets, good for 30-mile trips, are sold
for $17.40. This is kind of central
ization we need in this country; it
centralizes bread and meat into the
mouths of the workman's children and
clothes on their backs.
The Scott County Lever, Kan:
When the Peoples party gets into
power the beef and grain trusts and
combines will be legislated out of ex-
istance. The producer will then re-
ceive fair profit for what he produces,
and the laboring man in cities will not
pay any more for what he consumes
either. In place of the profit on pro-
ducts going to the combines and grain
speculator it will simply stay in the
hands of the producer. Robbing the
producer by a system of trusts and
combines of the wealth he creates by
hard labor will then be at an end.
The Toiler: When we consider the
tens of billions of dollars that we owe
in public debts, including for public
conveniences, besides the hundreds of
billions, almost, of mortgage and
corporate bonds, it is easy to realize
that no true American, having the
good of this country at heart, can
favor lower prices for production; as
the Indebtedness remains in unchanged
figures even when prices of products
fall to one-half or less. When, there
fore, we find the national banks
through their complete organization,
laboring persistently to make each
dollar of money purchase more this
year than it would do last year we
must feel that they are the direct
enemies of our country and it's people,
and we recognize the greatness of the
prophetic spirit of Andrew jackson.
when he opposed the founding of
national banks in his time.
The Ottawa Kansas, journal: It is
simply shocking-the disingenuous
and downright dishonesty put forward
by those who oppose government loans
to the people. The idea of the gov
ernment loaning on real estate security
is denounced as a wild. visionary and
altogether unprecedented performance.
Has this government never loaned
money on real estate security? We
think it has. Aside from the govern
ment loans to railroads, turn to the
history of its public deposits with
banks. What are these but gigantic
loans to pet shylock institutions? The
popular notion is that these institutions
were compelled to give United States
bonds as security for such deposits.
But such is not the case until the law
has been changed of late. The law
did not require that the security should
be q. S. bonds. A mortgage on
property would do and did do. Comp
troller Knox is on record to the effect
that mortgage would do, and that
there were banks that had deposits
on personal security. Think of that!
The Atlanta Constitution: The mon
ey sharks of the north and east are
setting up some dangerous argumen ts
to show through their organs that free
coinage of silver would result in fiat
money. They not only show what
rascals and hypocrites they are, but
they set the people to thinking. If
silver money is fiat money, how and
wherein is fiat money dangerous?
Legal tender silver is as much the
money OF ultimate payment as gold,
and if the money of ultimate payment
is fiat money, why all this tedious ar
gument about honest money? What
sort of money are national bank notes?
They are not based on gold. but on
bonds which are merely evidences of
debt owed by the government In
other words, the national bank notes
are founded on debt and the treas
ury notes are simply promises to pay.
1t is estimated that there are $500, OOO,-
600 OF. these debt evidences and prom
ises to pay in circulation, and as there
is not enough gold in the treasury to
pay them, what are they but fiat mon
ey? The money sharks and bankers
should be careful how they mislead
the people in this matter.
The Western Call: If the people of
this country would submit to the
money fiends of Wall street to dictate
the financial policy of this nation, how