The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1891-11-13
FARMERS ALLIANCE.


Just think Of it Repeat it to your
self two or three times Thirty-One
thousand people own one-half Of all
ths wealth IN the United States
Government to banks at one per
cent, banks 70 people at eight 70
twenty-five per cent Why not govern
Enent to people at one per cent where
they can furnish undoubted sssurity2
-Begislation In the interest OF the
farmers cannot be class legislatiOu-
They constitute a majority OF the
population and whatever shall be done
for the majority cannot be for a class
A class must be the minority, in the
sense in which class legislation is used
Alliance Herald.
The Georgia Legislature refused to
indorse the Ocala platform" has been
going the rounds Of the partisan press.
On the last day OF the session a vote
was taken. 1t stood 1Ss for and 5
against Two republicans and three
democrats opposed it.-RaIsigh u. e.
Progressive Farmer.
The North American, discussing
the nation al banking system, says that
any half a dozen men can get the same
privileges extended to bankers II they
will purchase bonds on the same plan
That is a powerful argument indeed
Most any body could be president of
the United States If they could get
and we can't all be bankers Raleigh
N. c. Progressive Farmer.
The Capital solemnly asserts that
national banks lose money on their is
sue. Is the Capital joking? Does
friend Hudson expect his readers TO
believe such stuff as that9 Are nation
al bankers In that business FOR profit or
for their healthP Perhaps philanthropy
is the governing motive. If national
banking is a losing business why is
| there such anxiety to PerPetuate the
system? Will Bro. Hudson please eE-
plain?-TOpeka Advocate.
Reports are going out from
Washington for relectioneerinR purposes
] that the finances in Iowa have never
been in better shape than they are at
present" Since the banking law went
| into effect twenty-ssven years ago but
/ two Iowa banks have failed, aud there
| are ISL. Why is it that g5 per cent OF
| people in other lines of trade fail and
/ so few banlzsP For the reason that
| ''the common people, pay interest on
/ their debts and bankers collect interest
on theirs. SelahI-ChicagO Sentinel
! "A government, the laws OF which
make money q necessity to its citizens,
/ should supply the demand thus created
/ at just rate OF interest A just rate
! is one that producers Of wealth can AZ
ford to pay from the profits of their in
I uuaL4ys ~ SUCH AAAAAuaA AHa@AaAsG EGNA4L
| is (as at presently less than two per
/ cent, and the average annual interest
I is (say) seven per cent, the wealth Of
/ those who pay this rate is certain to
| pass into the possession Of those who
receive it.-Adetallic Money and Hard
/ Times
Civilized nations have by law
designated the precious metals as the
| material of money. 1t is important to
know the motive that prompted such
| action IT, as will be conceded, an in
creasing population and commerce de-
| mand an increase Of money, what
can be said of the wisdom of
legislation that makes such in
creased supply dependent upon the ac-
cidental discovery of these metals in
quantities sufficient to meet the in
creased demaudP If the wisdom of
such action is not apparent, what may
not further inquiry revealF-Meta tallic
Money and Hard Times
Mr.. Film found a ten-doliar gold
piece. and was right glad OF it Rub
bing his hands in glee he said, TO him
self: ''I viii 20 now and pay my rent -
He did SO. The landlord paid the ten
| dollars to a farmer for corn, aud the
farmer meeting Film, who by the way
was a carpenter, and the farmer owed
him ten dollars for building his corn
[ crib. He gave the teu-dollar gold piece
[ 70 4 LlIls VINO LOOK u TO the D4uk and
| learned that the coin was counterfeit
Query: Was Films rent paid? Did the
landlord pay for the corn? Did the
farmer pay Film for his labor2 Verify,
the fellow who talks intrinsic value in
money IS a great blockhsad. Indus
trial Union
-''Ob, " say the advocates of the single
gold standard, I'VE want honest mon
, ey." Oh, yes, honest money! Is that ar
/ hrsrsaee grn-fa-gtfrIz that is 0F1 y
growing longer? Is that an homes
pound weight that is all the time get
ting heavier2 Is that any more al
4 | honest dollar that is all the time get
- ting deurer? With Sherman and MI
| Kinley the longer the yardsticlz get
) | the ''hOuester," apparently, IL becomes
] and, in like manner the bigger o.
, more valuable the dollar the s'honester'
that will be. But with honest mel
. that, and that only, is an honest dolla
which maintains stable relations q
/ commodities and preserves an evsl
, balance between debtor and creditor
> Gen A. J. Warner.
r The money sharks are loud in thei
o [ wall in defense Of an honest dollar
! What is an honest dollar anyway
> During the past tysive years thes
d same fellows have given the country q
A least i've different weights OF suve
z dollars In their frantic efforts 20 get o
an honest % basis Among them wa
{ the trade dollar. the heaviest of al
4 but when they got 1t into general eli
o culatiou and IL was held by the peopl
! instead Of the bankers. it was accident
= ally discovered that IL was not lega
tender. because it lacked the authorit
j Of the government in its issuance, coz
q sequeutly the people were coupelle
a 20 dispose of them as old metal, losin
y one-ffth Of their face value Was th1
y an honest dolIar?-Escondidc (CaI
/. Advocsts-
q the Chase National bank, New Yorl
n thus describes cur condition in Rhoade
II sourRal Of Banking, April, 1sss. eth
d banking institutions Of the Unite
h / States are to-day liable for demanc
y which could be made upon them to Il
n / extent Of SO 10 per inhabitaut. and
I pay which they would have only sI2 ,
~ svnrrld Rss e17o-s Il, fl,a .--t,-,e ~ SO