The Marietta journal. [volume] (Marietta, Ga.) 1866-1909, 1892-02-11
Is 1T A MISTAKE2

universal cry Ipr cheap money,
but the loudest demand for such
money seems to come from the farm
ers of the country. What is really
meant by this constant demand for
"cheap money" we may not clearly
comprehend, But what we gather
from hearing this subject discussed
by the people generally is, that such
financial arrangements shall be made
as will enable every body who wants
money, to borrow it and to borrow
it at low rate of interest.
The agitation of this question
seems to have begotten the idea in
the minds of large majority of peo-
pie that borrowing money is an alb.
solute necessity, if not compulsory.
Herein is where we claim that a
very great mistake is being made.
Tc educate any people, and that is
what is being done, that borrowing
money is branch of their business
and a necessity, is indeed the gravest
of mistakes.
The fruits of this great error is
clearly perceiyable in the fact that
already by cultivating the masses on
this line we have completely revers-
ed what were the methods and GUS
toms OF this country in it's more
prosperous days.
Who were the money borrowers
Of this country in the days when
every farmer sat down to his own
table, three times day, and Toasted
beneath his own unencumbered roof
upon the products of his own soil
without the remotest idea of Deepen
dence upon some provision dealer?
Who were the money borrowers
in those glorious days when every
farmer in this land lay down at night
upon his couch of ease and swectly
slept without the dread of some
bankers clutches tightening upon
all he called his? Were tho money
borrowers then comprised of we'll
| nigh all the farmers in the land?.
On the contrary were not the
farmers then the money lenders, and
masters of the situation? Was it
not common thing for merchants
and spectators to go to the farmers
to borrow money and beg for assis-
lance? Ask the oldest inhabitant
who has not forgotten the scenes
and events of his younger manhood;
ask the pages OF history for an an
swer.
Yes the farmers of this country
Fare making very grave and fatal
mistake by allowing themselves to
be educated to the idea that they
are obliged to borrow money to
prosecute their vocation, and that
therefore they must have "cheap
money"
And we assert this because we do
not concede the fact that the farm :,
ers in land so favored as this are
compelled to be borrowers of money.
Admitting that there should be an
expansion of the currency, and that
there is nee1 for more money in
circulation because the business of
the country demands it, yet We are
proud 10 believe that the farmers of
this country, if no other class, can
place themselves above the level of
money borrowers. Yes, we have faith
enough in the true manhood of our
farming population to belive that
they can do this; that they can throw
off this money>borrowing yoke, that
makes them literally servants of
those who speculate and prosper up
on their labors. To accomplish this
it is only necessary that our farming
populace adopt such methods of bus
mess management, coupled with per-
sistent effort at political reform, as
will soon plant money lenders, iu>
stead of money-borrowers, on the
farms in this country.
Hence again we assert that the
constant cry for "cheap money" is
engendering false idea among our
people by leading them, and espeG-
cially the farming class, to be on the
constant looking for some source
abroad whence thew can borrou,