The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1892-04-14

Gus rate of interest. But, for some
reason, the borrower favors the free
coinage of silver; and the lender
opposes it. Can it be that their
interests conflict?
The farmer is the most con-
spicuous interest-payer on account of
development money invested either
in the South or West. Why is he SO
persistent in his demand for the free
coinage of silver7 A glance at life
on the farm and the price of farm
products explains it. The husband
and wife are up before the sun, and
do not retire until after it is set The
team is in the harness at dawn, and
darkness alone drives the laborer
from the field This round of toll
has continued day after day, week
after week, year after year. 1t has
been meas ured only by the changing
of the hours from darkness to day
light.
The years of labor have been rolled
up against interest and could not wipe
it out Old age come early to these
men and women, and the mortgage is
still with them unchanged, imprge-
nable, and absolute in its demands.
They have grown weary Of the hope
less struggle, but the note is past due,
and the land itself will not pay the
principal and accumulated interest.
While interest, transportation rates,
and the price of money have been
maintained at high figure, the
farmer has witnessed steady decline
in the price of his product and the
value of his land. He has revolted.
Men laugh and says: sI have
nothing to sell, but l am in favor of
voting money to everybody,
particularly to myself. "
1t may be amusing, but it does
not explain away the causes of the
troubles l have mentioned. Besides,
the farmer has had something to sell.
His grancries each fall have been
filed to overlooking with the
necessities of life. The transportation
companies that carry his product to
market publish statesments showing
the enormous profits made in moving
this produce from and supplies to the
farm. All, but you say: cit is the
supply and demand that regulates
these prices. -
No matter what regulates it; but il
is so regulated that everybody makes
something out of it except the mar
who does the work that produces it.
and pays the interest necessary tc
carry on the work of production
There is something wrong, indie
pendent of the law Of supply anC
demand" when two or three classe
Of people make living, and oftel
accumulate immense fortunes, off tn
labor and capital of another class
while the producer cannot possibl..
lift his face to the surface of tn
financial sea. But let us look int
this principle of ''supply and demand
little further When we propos
to pass a usury law we are met wit
the proposition that it is a questio
of ''supply and demand.
Money will be cheaper as soon a
it becomes little more plentiful
e says the lender. If the propositio
s that money is cheap or dear as suppl
T and demand dictate, is true, then l'
G us give to the people West and Sout
: sufficient money, since we can do S
4 and maintain a sound currency,
T accommodate the volume of bushes
! in those sections; let the supply
: such, from natural sources, since v
: have them, that the demand may
d met without needless, heartles
a sacrifices.
The farmers and miners of Idab
a feel that injustice is being done the
h in that their bank rate of interest
y from 1t per cent per month to l J p
e cent per month, while at the san
st time the Government is making
ir profit of 81, 900, 900 per annum of
is our silver product. But to retur
id You can not regulate the price of t
n farmers grain, but you can say th
as the currency of the country shall n
ed be so constituted and regulated til
s. it is irresistibly massed in the han
t? of the few, and thus the price
is money dominated by the lender.
al am informed by a shrewd busine
lit man in great agricultural county