The Opelousas courier. [volume] (Opelousas, La.) 1852-1910, 1892-08-06

End. All the gambling features in the
dealing in futures should be prohibited'
whether they be in agricultural ana me-
chanical products or not.
3rd. Under the existing legal tender laws,
and in the absence of any lnternational
agreement, the unlimited coinage Oh sliVer,
would not to any great extent, increase tno
amount of money in circulation, because,
with gold alone as a standard, all the SILVER
on earth would be worth only the gold there
might be with which to purchase it. we
might have vastly more coin, but It's Pur-
chasing power would necessarily be limited TO
it's value in gold. Silver is a commodtty ana
rises and falls in the markets OF the Wofla
lust as other commodities do. lt Is not
standard Of values and cannot be made so,
except by the common consent OF the pfih-
cipal Nations.
Its unlimited coinage by this government
alone would undoubtedly enrich the owners
of the silver mines, as long as there existed
gold to purchase it. Foreign nations Wouia
be glad TO sell us all they have, for our gold,
but after all the result would be vast gan
tity of silver, too vast to estimate in weight,
but no more money for the people. In other
words all of it, whatever ITS qantity; "oui9
have the purchasing power only OF the goiu
which it would sell for A SILVER ao1ial 10
| worth dollar in gold only when the holder
can get a4gold dollar for it. Therefore, II
| there be more silver coined than there is gold
| to back it, it must sink In value TO the soiu
| standard If by the convention OF tne PfinI
ciple nations silver be made stanaaru ol
| values then its unlimited coinage might Do
desirable.
| 4th. Laws to prohibit the alien owner
shin of our lands should be enacted. Ihe
restoration of the lands which have Deeh
granted to railroads is desirable, but 1 see
no way to accomplish 1T except by purchase;
| No mere should be granted. Ii our National
Legislation does in any way serve 20 pulia
| up one industry at the expense OF an other-
| it should be speedily changed. All heavy
tariffs on the necessities Of the people should
be abrogated. A graduated system OF IN
come is desirable; the difficulty IS to devise
| one.
5tb The people should have the use of
| all the money in existence, but should get 1t
| by giving adequate labor for 1T. 1t Is er-
| roneous to suppose the government makes
the money, as the people alone furnish the
Government with 1t, t. thar epshs shor ~ha' lucy
| 9th All governments shonld be conducted
as economically, as may be, consistently
with dignity, deceney and efficiency.
| 7th. 1t may be wise to change our system
of electing United States senators, but as
the laws are, seriously doubt it,. think
we have too many elections already. They
cause tie people to be less careful and eciec,
tic. and the consequence is the snccessful
ambition of unqualified aspirants, and a
brood of evils resulting from dead letter
laws. l believe the people should elect an
their officers, Except judgesl but thelf
qualifications should be defined by appro'
/ pirate laws faithfully enforced,
| can see nothing practicable IN the sup
treasury proposition, but much that Is
otherwise 1t, in effect, would make the
Government a mere factor, OF ' pEoaer' 81 81
oioaptie as to be entirely monopollzlng en-
acted in the interest of those engaged IN
agriculture, and of owners of land. it ex
clndes all others from any participation IL
it's imaginary benefits, and thereby subyerts
the other practicable purpose OF the Alliance
of ''equal rights to all and speeial Joo0rs u
none"
uunsmith. milliner, merchant, hotel keeper
the day, laborer and thousand other usetul
needy men and women are left out OF TIM
proposition, and / see no reason why. the!
shonld be if it were feasible. The Govern
ment should legislate for all classes and If j
nronoses to lend money on pledges, peopi'
| of every usefnl pursuit, should be enabled &
raise money by pawniDg their wares;
would require an article OF great length q
lpoint out all the insurmounta6le objections g
fhe Sub-treasury proposition. lt sufnces e
| sav that. in nv opinion it is entirely imprac
ticable and if attemped to be put IN opera
, fion would bankrupt the United States il
less than ten years, in which event TN
Farmers would prove the greatest sufferers
Yet it is evident they nave grieyasnee
] sible. For many years the persistent etfor
, of capitalists has been to liberate themselve
from the effects of restraining laws.
Money is the creation of the laboring me
and should be held by appropriate legisls
tion to answer all necessary purposes, On
4 to the Deople at large, and to the Farmer
: Alliance in particular that, it it be feasibl
{ to limit the Government, to per cent intel
est. it is not less SO to limit individuals an
banks.
mt voters must find representatives, indt
pendent aud brave enough to formulate it i
fha face Of all opposition. The struggle ha
been going on for years in the halls OF legl
lation to increase rather than dlmlnisn th
9 rate OF interest. Let the people now make
!. effort in the other direction-and IN tim
they NAV see no necessity for requiring th
e Government to lend money at per centun
q Assoftan as it becomes horded up IN th
& drawers and Golfers of the millionaires, th
+ financial system of the laws should be sue
Il as to facilitate its renewed and eontinuot
s circulation among the people, whose labt
f has produced it. Here, in my opinlon,.
I where legislation is needed On this lii
o. snmething practical can and should be don
o It is not 50 much, lif at ALI the scarcity
money that limits the rewards OF labor. as
D is the bond system which leads 60 sne q
e cumulatien by comparatively few, and th
N consequent destItution of the many. Al
d system that will force money into actual al
q Constant circulation, at a living rate of i
,r terest, instead Of legalizing its retirement
ir banks, treasures aud private Golfers, IN q
n form of interest-bearing bonds, which are q
is even taxable, but nevertheless bear lnte
q est. ia preferable to the one we now have al
n have had for the past twenty y-seven year
a 1t would be to the contamination OF son
"a such theory as this that would like to dire
e. INV humble efforts as Legislator, and
verify believe that if the Farmers Allan
re- will give the subject calm, and mature
Election, it too, will see it is far preferat
a and more susceptible of being put into pra
,s tical operation, than what appears q Z
o. theory with the authors of the Ocala d
Id mands.
ID Any change in existing laws relating TO t
le bonded debt, national banks and the quantu
'. of currency, will meet with stubborn oppo
es ton, and delay must be inevitable. We
it much of the science of government is invoiv
N. in this question alone The man who b
Of never studied astronomy, is poorly prepar
se i'd dispute with those who have, the d
tances and orbits of the heavenly bodies. 4
be- greatest statesmen have so far failed to p
e, / vide a system of finances, adapted TO all
ce VARYING fortunes of people, and my Farm
it | Alliance friends must also find that the 81
to treasury is an igsis fatasts which like all @
sr- ers. il leading them into the bogs rather th
es to an eminence of prosperity.
iii | ia win the favor of the honest farmers, |
he whatever may be the consequences to
re homes of ureferment, / have felt, az trust,
of always may, constrained to be frank and b.
Ter est Id the expression OF my humble opini
Tt may be seen from the foregoing :
ice ponses. that i concur in nearly all tho DC
ieuands--in fact in all | have mention
he hut two. NY reasons for dissenting from
he unlimited coinage of silver and the Sub tire
,rsa ury demands, are to sufficient extsnt fra