People's party paper. [volume] (Atlanta, Ga.) 1891-1898, 1892-08-19

government stamp on a sufficient
number to use in harvesting our
grain" This illustrates the present
situation. The people are ready to
furnish paper and silver TO the gov
eminent. What they demand is the
government stamp ON a sufficient
amount Of the raw material for the
unembarrassed transaction of bust
ness.
Mr.. Horn and the Tribune seem to
have no suspicion that the people
have outgrown their financial foibles
and can no longer be fooled with
chaff, and that ''great newspapers"
have, as educators, been supplanted
by a reform press. What the Peo-
ple's party claim is that, primarily,
money is only representative in its
character, the type of something
rather than the thing or substance
itself, and that legitimately it has no
Independent value but derives its
value altogether through its medium
ship between men in the transactions
involved in human activity and pro-
gress. In other words, money, being
a necessary tool for the accomplish
ment Of certain common ends, and
as government assumes and mOnopo-
lies the sole right to manufacture
this tool, or at least to make it law
full by affixing the government stamp
or signature, it is the duty of govern
ment, as a matter of impartial justice
to citizens, first to issue a sufficient
amount for the transaction of business
on cash basis, no trust basis, and
second to be absolutely impartial in
the methods of distribution in the
natural channels through which
money reaches the people. And
right here could Mr.. Horr's "answer
to the second question:" which is
doubtless genuine one and not like
the first, premeditated perversion,
"But as government has never loaned
a dollar to the national banks why
should it loan to the farmers any
more than it does to the national
banks ?" Mr.. Horr's answer to this
question i based on two things.
First on duplicity and deliberate in
tent to deceive, and second on the
presumed ignorance Of his readers.
Senator Stanford, whose experience
in statecraft and finance renders his
testimony as valuable at least as that
of Mr.. Horn, but whose immense
wealth relieves him of the temptation
to sell it, declares in plainly recorded
English that the government does
loan money to the banks. In short,
that the United States government
employs, in dispensing tools for It's
citizens to work with, a species Of
''middlemen" whose essential quali6-
cation is neither character nor hon
esty, but the possession of $4,000
and upwards; III other words, of
sufficient wealth to make them al
ready independent and able to live
without work.
These rich men are thus granted
the exclusive privilege of trading
and sub-loaning money, on govern
ment credit, and this credit and back
ing are all that give stability to the
issue of the banks. It is true the
loan is not made in the ordinary form,
but the banker gets the ''accommo-
dation" all the same, then sub-loans
the government ''image and super
scription" to still other and fire.
quently meaner middlemen, who in
turn loan it out to farmers and other
. real estate owners where it takes the
form of high interest, mortgages and
where through various ingenious ma
nipulations it gets astraddle Of the
peoples backs and necks, forcing
producers to pay the bulk Of oul
"national debt" while the banks grow
rich.
Mr.. Horn is we'll aware Of this and
so is every other well informed
newspaper liar who, under the pat
ronage Of Wall Street, propose to
'enjoy the pleasures of sin for sea
son" by -winking and mislead-
: ing the public
, For several decades this knowl
edge Of the mysterious workings OF
the national banking system was
T confined to the few like John Sher-
man and his partners in the inlqui-
ty.
Of late it has; through the dis
semination of new literature such
t as always precedes revolutions both
violent and peaceful, been revealed
and made plain to the people and tc
the non-"experts" in the financial
theft.
The result is the Farmers Ali
, ance and the Peoples party.
The people are past being deceiv-
ed by men like the editor Of the
: New York Tribune and its cores
pondents.
They are not asking Mr.. Horr tc
2 invent foolish questions in their