davidaulloa/AmericanStories huggingface dataset:
The advocate., 1892-03-02
PRoTEor1oN protects the money

Projection protects the money
lender, at the expense Of every con-
sumer Of the products created under
the system. A nation, with a high
rate of interest, cannot compete with
a nation where lower rates obtain,
and hence the demand for q protec-
tive tariff. 1t protects high rates OF
interest, which must be paid by the
wage workers and farmers who pur-
chase the products. In order to pro-
tect the American lsborer, we should,
as nation, establish Q lower rate Of
interest than that which obtains in
other nations, and this can only be
done by providing the people with
money at this lower rate. This would
be easily accomplished by the nation
alization of the banking business Of
the country. Under this system,pub-
lie credit, which is the equivalent of
cash, would take the place Of private
credit, which bears interest, and the
business of the country would at once
be placed on a cash basis, without
any violent interference with existing
business methods. Government bank
ing would secure to the people the
free use of the public credit which
belongs to the people and not to the
banks. This, or something similar,
must be done before the curse Of u.s.
ury can be removed.
The advocate., 1892-03-02

sound policy demands that silver
should be treated in the same man
ner. Our objection to gold and silver
as money, is that the cost Of the ma
terial over and above paper is lost to
the people who create products to be
exchanged. This is a law created ad
vantage given to the products of our
gold and silver mines over all the
other products Of human labor. What
we want is money at the cost OF Issue
and distribution, to make every ex
change of wealth demanded by the
needs of the people. When we have
this the people will own the basis up.
on which all forms OF money depend
for its redemption. No person ever
gets the worth Of his or her money
until it is redeemed in something that
he or she wishes to purchase.
The advocate., 1892-03-02

IT IS a significant fact that the nine
North Atlantic states, the center OF
the banking, railroad and manufaCt-
uring interests Of the country, with
only 20 per cent Of the population re-
ceived Al per cent. ofthe national in
crease Of wealth during the last de-
cade, while the 81 producing states
with Sc per cent. Of the population
and 6 times as many acres OF land
and immensely more productive soil
received but % per cent.of the wealth
created by the labor Of all. The diff
ference in favor Of the nine North
Atlantic states consists Of the interest
on money, exorbitant charges on rail-
roads and indirect tax on articles OF
consumption, paid by the people Of
the producing states as the direct re-
suits OF vicious class legislation, toE
which the old political party ma
chimes are rOsponSibls. How in the
The advocate., 1892-03-02

A CASH basis does not necessarily
imply that we must issue a dollar in
money to meet every dollar of indebt-
edness. Money itself, regardless Of
material, is based on public credit,
and hence this public credit. which
belongs to the whole people, the
great mass Of whom are debtors, is
the equivalent of cash. II the govern
ment was exercising its unrestricted
right to issue money and was at the
same time Che custodian Of all de-
posts, the people would have the un-
restricted use Of the public credit, to
the extent Of the value of the wealth
they had to exchange. Under such
system Of financial exchange, gov
ernment certificate OF deposit, or a
certified individual check or draft
would be the equivalent Of cash and
would settle all obligations as effect
uslly as legal tender money, whether
paper or metal. All business ex-
changes effected by means Of such
evidences Of deposit would be to all
intents and purposes cash transac-
tions, as the power securing such
forms Of credit would be the power
to create money.
The advocate., 1892-03-02
WHO n THE REVELATOR ?
to create money.
me Editor Of THE ADVOCATE.

TO the Editor Of THE ADVOCATE.
l was much amused in reading Hos
ford's attempted answer to THE ADvo-
Gates questions in reference to what
constitutes the property or quality Of
gold and silver upon which its intrinsic
value depends" Evidently the fellow
never had an original thought or idea of
his own In his life. He swears by the
Capital; It is his text book; he is trying
to shine through light reflected from that
great luminaFy. But It Is not an electric
plant; 1t is on the rush light plan, and
Of poor quality at that; glImmeriug,
Sputtering, splitting character. But the
most amusing thing Is the following:
"Who will have the hardlhood to deny
that the Creator intended gold and silver
to be the materials and basis for money!"
Now, the query with me is, who is II
that has been on such intimate terms or
relation with the Creator that He re-
vealed His intentions to him In reference
to the basis for money! Has another
Moses come to judgmentY 1t must be, as
the decalogue says nothing about money.
By all means let us know who this second
Moses is. / would refer It to the Capital
for an answer. It would be no use to ask
Hosford for an answer, as he would have
to go to the Capitalfor his inspiration, and
/ prefer ~ have It direct from headquar-
ters. Indirect methods are what object to;
that 10 q principal objection to our mone-
tary system, particularly the banking
feature Of it; instead of furnishing the
people directly with the use use of their
credit, they first loan the peoples credit
70 corporations at per cent, and then
the people hire their credit back from
these corporations at from 10 TO 80 per
cent, and even more In many instances.
Please let uB know to whom this secret
was revealed; It may solve this much
VPxed question. A. DAVIDSON
Prairie View, Kansas.
The advocate., 1892-03-02

The Lawrence Journal recognizing
how completely Farmer Funston has
been fattened out by Jerry Simpson,
gives the representative from the
Second district some wholesome ad-
vice to write home and get his wife
to tell him something about farming
in Kansas. Here is the way the
Journal says it:
II FaTmer Funston really knew something
about farming he could probably say something
that would quash the other mouth farmers OF
the present Congress. He ought to write home
to his wife and get some pointers trom her aS to
how she manages things
The advocate., 1892-03-02

If IT is true that the relative value
of gold and silver has been changed
by the relative scarcity or abundance
of these metals il demonstrates that
intrinsic value is not a property Of
money, land that the 80 called precious
metals are too unstable in their char
scter to be accepted as a standard by
which TO adjust the market value Of
other commodities. Stability in the
market price Of commodities can only
be secured by stability in the supply
Of the medium by which they are ex-
changed.
The advocate., 1892-03-02
GoyERNnIrNr has established

GOVERNMENT has established a
precedent by loaning to corporations
which had no great need of money.
On the same principal the govern
ment might loan direct to the people
on property which is the kind OF
security which gives value to bonds.
This would create q source Of revenue
that would take the place Of the only
legitimate excuse for a tariff or any
other form OF indirect taxation.
The advocate., 1892-03-02

MONOPOLY papers boast of the high
standard of our public credit and the
low rates Of interest at which we float
our bonds. If this is true, notwith-
standing our present Indebtedness as
a people, what would be the standard
of our credit if We did not owe any
debt at all? And if our low interest
bonded debts based upon the resources
of the people are worth a premium,
could our money, based upon the
same resources and always redeem
able on demand in anything the peo-
pie had for sale, ever be deprecated,
except by the power Of the law by
which such money, was issued3
The advocate., 1892-03-02
m IS PAID FOR.

Parties who receive The ADVOCATE
and who have not subscribed for il,
need have no fears about taking il
from the Office. THE ADVOCATE is
never sent to anybody with view Of
asking pay for il afterwards. It is
paid for If you receive Il.
The advocate., 1892-03-02

The banking, railroad and manu-
featuring monopolists have been liv-
ing in clover for many years under
the conditions legally established by
the old party machines. The Doodle
has been unlimited and the machines
have been in the full enjoyment OF
the only heaven they have the capac-
ity to appreciate. But the people are
getting on to their little game Of sub
traction aud division, and the old
party politicians are learning that hell
begins where the sinners can no
longer hide.
The advocate., 1892-03-02

IF IT is intrinsic value that makes
money the large out put of our silver
mines could not have changed its
alue as assumed by the goldites. In
trinsic values are inherent, permanent
and Interchangeable. The market
price, however,of both gold and silver
are affected by extrinsic causes. We
protect gold from market Auctuation
by fixing a price IN legal tender
m,ney for all the gold that is offered
at the mints. Hence by this extrinsic
influence we give it a seeming Stabil-
ity in market value.
The advocate., 1892-03-02

name Of common sense and common
honesty could we entertain a propo-
sition to fuse with either one OF these
exCrescenCs which corrupt the body
nnlikin.
The advocate., 1892-03-02

An increased volume Of paper
money, good for all the demands Of
domestic commerce, would stimulate
production, increase expectation and
the tendency would be to increase
rather than to decrease our supply Of
gold.
The advocate., 1892-03-02
SUPPLY AND DEMAND.


universal in its application in regard
to commodities, but it is none the less
applicable to money, in which all
market values are expressed. When
money is abundant the products
which it is used to exchange, bear a
higher price than when money is
scarce. Even monopoly papers and
politicians will admit that an increase
in the volume of money will cores
pondingly increase the selling price
of products, and in this admission
they concede every principle upon
which the present demand for fnan-
cial reform is based.
Every dollar that is taken from the
circulating medium reduces the sell
ing price of commodities, while every
dollar added will increase prices. The
more dollars in circulation the less
they will purchase and Vice verSG.
Hence every dollar of any kind that
is taken from or added to the num-
Der of dollars in actual circulation
among the people, will correspond
ingly affect the purchasing power of
every other dollar. The destruction
of gold coin would increase the pur-
chasing power of our existing volume
of paper and silver money about one
third, while the destruction of our pa
per and silver money would increase
the purchasing power of gold about
two thirds. Every kind of a dollar
in circulation affects the purchasing
power of every other dollar.
We are told by the gold-bug pa
pers that the free coinage OF silver
would drive gold cut of circulation
by increasing the volume of silver
money. That depends upon the rel
stive rates of interest between this
country and the old world A spec
ial demand for gold, where it could
receive a larger reward than it can
here, would certainly attract it away
from us, as it is entirely destitute of
patriotism, but If it left us, it's entire
value as q purchasing medium would
be added to the other forms of money
that it left behind. None of its po-
tentisl power as money would be lost,
and if it was more valuable in the old
world than here, expectation would
be the best use we could make of the
product of our gold mines The gen.
eral expectation of American gold
would depreciate the value of gold in
other countries, while it would add TO
the value of American silver and pa
per. The only real use we have for
gold is to pay balances in foreign
trade when they happen to be against
us, and this will ordinarily be met by
balances in our favor without calling
upon the annual product Of our mines.
In our domestic exchanges gold is
useless as money, but onr gold pro-
duct in the form of bullion would en-
ableus to take advantage ofold world
Buperstitious reverence for gold in
our business exchanges with nations
Scranton Wochenblatt. [volume] (Scranton, Pa.) 1865-1918, 1892-01-07

f1lasunsen bes 8eripalters Meper in
&6nigsfelbeu belaufen iid laut elmer
gorreiponbens Der .Sdpeis. ST. 8r."
nui iiber 10000 5r. Nteber ioG fih
aud itarfer @iusriffe in bic &aiie bes
Silfspereins fir arme @eiitesfranfe
ihulbis gemadt baben. - Sn Sdipa-
oerlod (2oufeuburs) bat ein selpiiier
Safob &olIer ieinen bl6blinnigen Gobn
felt odt Sabren in einem fsniteren,
i6mubisen 3immer, auf balb oerfaul.
tenn StrOb unb 2umpen on elmer 8ette
ansebunben sebalten. obne ieitber einen
glr5t su bieiem 8eiammernsmertben
su,ulaiien. Sosar Der @emeinberatb
ioI &enntniB BON bieier Sade sebabt
baben, Obne sesen bic 8etialitdt einSu'
idreitsn. yun bat ein Boli5ilt am
rsdten Ort setlast.
Oeferret9.
slui Der Jabrt nit benz @rprsssns
bon @ien nod Snnsbrud perunslildts
fiirjlid spiiden Der Station &ibbdbel
unb &irhbers, Der Hroturiit ber bieiis
gen JrausntbalerMe eiiiuss Gabrifnieber.
lase, Dominifus Tolbt. - Die groBe
@etreioefirma .. Nasel unb Sobn in
Wien ia. lebter 9ase nm elm MOratos
RUM nadseiudt. Die Bailiuen betras
gen 10000 f. # Bon befuunteren
Berl6nlidtetten: Biirseridulbirettor
unb @emeinberatb Boobies on einem
Ssrsi9lase, 8rioatier 8. $. Wautbner,
&ednungsoiiicial i'm 8riessminiiterium
Soiei 8ernot, G9abmeiter unb 5nuss
beiiser Soiei 8olser, Gtaoemiider
Maler Weinrao 2o9er, Sranj Sitter
b. Sulima. 9epma, @eneralmaior /. 3.
&arl gobanta b. &ulmiies, Brdiioent
besOberten Mlilitdrseridts sbofes 5JM.
S5piner, Gin 56lse @ebirnidlases,
Decent an Der Bacelt'iden Sanoelss
ldule &arl Segirieo unb bic &auis
mannstpittpe 5rau Bilbelmine Seel.-
Sn @belSborf lebt eine ca. 30idbrise
Srau, welde bel elmer &6rperldnse BON
172 Gentimetern geHodtene Saarj6pie
in Der 9dnse BON 175 Gentimetern
bsTBt. = Su @lossniB feierte Der als
9lrst wie als SlOtiit beitbefannte Serr
Matbius 8reitenitit iein ciersisidbris
ses Subildum als slr5t. = Ser benz
Straibausbsmatuu9s 0etatement in
9auien 5usetbeilte Selbwebel Saul
Serrmann bate fiirSlid bisnitlicber llns
terlailuns iuesen cine Strafe erbalten,
iporaui er III isinem 8immer aug BEN
9ienitsewebre einen SduB sesen iid
ubieuerte, Der ieiuen iofortisen 9oO
our 5olse hattie : Sn Neunfirhen bat
bic @inwsibuns bes pun Der Murttser
meinSe nit einem &oitencafipano BON
iiber 100000 f. erbauten 0ta!bbauies
Itattsefunoen.
Scranton Wochenblatt. [volume] (Scranton, Pa.) 1865-1918, 1892-01-07
: mie bic @erIiner suna.

= Wie bic Ber1iner Sung
fernbriide su ihrem Gamen sefommen'
lit. bapon tpirb I'M ,Sdt" folsenoe @es
ibifte erSdblt: Sll8 Berlin ben UNI
hires @laubens pillen pertriebenen
reformirten Gran5oien saitlid feline.
Tbore 6iinete, ipuroen pielen BON ibnen,
namentIi6 ben 9unitbanbperiern, sroBe
9uben on ber Sriebridssradt ais
gerfaufsitdtten iiberip,sien. @iner bie-
fer Jransoien, Namens glandet, sr-
fparb iid balb cine sepife 8eriibmt.
belt; er mar i'm DeiiBe BON neun I'm,
perbeiratbeten 36dtern, bic ebenio
burt) bic sfuuitfertisteit ibrer Sanbe,
mie burd ibre ipiSen 8unsen beiannt
paren.
limb mlnidie Semanb cine Neuisfeit,
@utitsllt bur6 Bosbeit unb burh Eide,
go bisB es in Berlin sleih peit uno
brett:
@ebt su ben Sungferu an Der 8riide!-
Ob iene SunsferH ipdter iid Der.
mabft?-
Die g6ronif bat bier eine Side =
9od slaub' i9's ,nidt, benn iie sr.
;dblt:
Bon ibuen fommt bic Suusiernbriids.
Scranton Wochenblatt. [volume] (Scranton, Pa.) 1865-1918, 1892-01-07
Ibiirin sii9e StaateR.

q
aanbpirtb &einbolo 9ippe lit MI.
tnannsoorf, fpelder unter benz 8erbadt
Der Sranoitiituns oerbaitet porben
mar, tit ipieber auf freien JuB geiebt
iporoen.-9er 2aubuirtb 8idarb Siin.
5el in 8Dsleben, tuelder am 6. 9lusult
b. g. itarb, bat Der @emeinbe uuo Der
airde je 5000 Wt permadt. = + Der
ebemalise Sberbiirsermeiiter, Sch. 8e.
siernnssratb 86ie, 5usleib @brenbiir.
ger Giienad's.-Sn Slmenau sebt Der
8au Der Ebiirinsiiden @lasiuitrumen.
teu' 5abrit bon Gilt, @bsrbarb & sSdaer,
elm Der gleuSeit entipre9enoer srDBarti-
ger Neubau, nunmebr ieiner 8oIenbuua
entaesen. Sn Der neuen 6abrit finben
800 Irbeiter 8ei1ditisuns. = Der
friibere Brofeiior Der @ejdidte on Der
lluiueriitdt Sena, Or. Ottofar 2orens,
iriper in Bien, bat has lnglid ae.
babt. Su erbliuben. Die 4erjte beaen
bic Soifnuns, benz einen Nuse bic Sch.
trait tpieberseben 5u f6nnen. Sas
anbere iuiro als perloreu betrahtet. =
Cine Saushaltunsss uno ao1idule fir
@fdbden aus bem Irbeiteritanbe pirb
in Sena 9e9riinbet. .-Ourd lluuoriid.
tigteif zines 5dsers ipuroe selesentl,d
einer in 9iebitaot absebdltsnen Saso
Shrsermeiiter Iauots bur5 einen
The Durham recorder. [volume] (Durham, N.C.) 1879-19??, 1892-09-14

and all kinds Of small fruit.
These are sold to a cannery
long before other products are
ripe and ready for market, Civ
ing market to the farmer, and
money to the merchant.
lam connected with a com,
pany that is known to put
premium canning machinery
under a written guarantee. We
came from California in 1885 tc
Kansas City, Mo. We have
sold plants in Texas, Arkansas
Kansas, Nebraska, Iowa and
Missouri.
| would like to. visit North
Carolina Nothing the farmer
can do pays like growing vege
tables and fruit for a canery
When the farmer prospers al
business lis lively, impoverisl
the farmer, the merchant fails
no enterprise puts life into {
town like a modern cannery.
The Durham recorder. [volume] (Durham, N.C.) 1879-19??, 1892-09-14
Cotton.

We are indebted TO the Fin
ancial Chronicle for It's cotton
crop report Of the United States
Just issued. In this we see that
the cotton crop Of all countries
but our own for the year end
ing September LIST, 1862, was
only 100000 bales Of 400
pounds. We started that year
with a supply Of 200, 900 bales,
and westart the new year with
O supply Of 5000, 900 bales, Of
which 100000 are in stock and
visible.
We were asked yesterday by
q farmer to say what made the
price Of cotton so low. He re-
ferred 70 the fact that twenty
five years ago cotton sold for 30
cents, and he asked why IL Is
now but Q or cents.
Without attempting TO an
swer the question We will point
out two facts: first, the present
low price, covering the last two
crops, was coincident with very
great crops; and second, ii has
been coincident with the opera
ton Of the high tariff Mckinley
law.
sstt
What effect this law has had,
is as yet not clearly traceable
but IN an argumentative way il
10 suggested that Il has operated
70 our disadvantage and has lee
the British miIloners TO bear
down the price Of cotton. The
more liberal policy of the Dem
ocrats would probably have haC
2 different effect. State Chroni
Gle.
The Durham recorder. [volume] (Durham, N.C.) 1879-19??, 1892-09-14
Ehe CANNING InLustry.

A gentleman connected with
one Of the largest canning in
dustries in the country, writes
to The RECORDER from Kansas
City, Mo-, Sept. 7th, as follows:
My attention is called to North
Carolina as being q natural
fruit and vegetable growing
State. The richest and most
prosperous farming sections Of
country in the world are those
making the growing of fruit and
vegetables a specially; land in
creases in velue until il is worth
enormous sums. The principle
article of export in California is
is canned goods, and she is noted
as the most prosperous State in
the Union. / was, several years
in California. When in San
Jose in 1876, she had no cannery,
now the city of San Jose works
ten thousand people in the can
ming business, il has grown 10
10000 population, claims the
canning enterprise has done it.
Less than 20 years ago, can
ned goods was a novelty; in 1890
the United States exported over
ten million dollars worth can.
ned goods to all parts Of the
world; Maine alone sent to Liver.
pool, England, 100000 cases oi
corn, of two dozen Of each.
The demand is increasing fas.
ter than the supply; the market
| is the whole world, sell where
they want them and are willing
to pay for them, northern
blizzard counties, army and
navy, tepded fields, mining
camps, ships going to sea, oil
use canned goods.
The principle articles nov
canned Is tomatoes, corn, greer
peas, green beans, pumpkin
cabbage, squash, sweet potatoes
The Durham recorder. [volume] (Durham, N.C.) 1879-19??, 1892-09-14

Sallow and leaden hued COM
plexions soon give place to the
loveliest pink-and-white, when
the use of Ayers Sarsaparilla is
persisted in, and cosmetics en-
tirely abandoned. Nothing can
counterfeit the rosy glow of per-
feet health, which blesses those
who use this medicine.
The Durham recorder. [volume] (Durham, N.C.) 1879-19??, 1892-09-14
DURHAM RECORDER
WEDNESDAY,, Sept. IA, 1892.
LOCAL NEW 5.

man who sits on the tail of prog
ress and cries "whoa"
Our afflicted Register of
Deeds, "Patn Lunsford is al
model officer, and should be al
lowed to remain in his present
position until death CLAIMS him.
Truth is mighty and shall
prevail. "A Connecticut paper
claims that during the recent
hot spell a haymaker hung his
cotton jumper upon a fence,
where, exposed 10 the fierce
rays Of the sun, it burst out into
flames, and, with the fence up
on which it hung, was burned
to ashes. No affidavit.
Our readers must bear with
us. II will be seen on our first
page that the political cartoon
artists are now cudgeling their
brains for new ideas. They
have completely worked out the
circus and the horrors of the fu-
ture should the Republican par
ty get in power, but our readers
will probably have to endure
variations on these same themes
from now till November.
The editor of our right
hand.support-t the Durham Sun,
went down to Morehead last
Thursday on the excursion; and
he was the luckiest man in the
crowd went fishing as soon as
the train stopped, when he had
an extra pull at his hook; CIV
ing a quick pull he found he had
on it a powerful fish which had
to be pounded over the head
with an iron bar before il could
be persuaded to die.
lit is stated that at least
100000 deaths have occurred
thus far from cholera. 1t is
by no means as serious as a
week ago, across the water, but
still it is reaping there; and it is
also doing business in New
York harbor. We say that di-
sease is as likely to enter at
small towns as at great ones.
We are printing this in behalf
of humanity. The papers state
the health officers of that big
city are a power, and are doing
all in their power. That part
of the work that is in their
charge is conducted on a gener.
al and uniform system. They
are paid for 1.-THE money il
paid into the city treasurer by
the people, and the health Of
ficers are doing their duty.
We suppose our Chief will
attend the next convention Of
the National Association oi
Fire Chiefs, to be held at Louis.
vile, Ky, October 4. 8 and 8
The New York Fireman'i
Herald thinks that every city
having a fire department should
make Il a point TO have the de-
partment represented at this
meeting. The papers TO be reac
and the topics discussed are 81
interest 10 every chief, anc
should be Of interest 10 every
city and village. What a fir,
chief learns at these conven
tions in the way of handling
fires, improved methods O
building and about latest i'm
provments in fire fighting "a
cilities will be for the futur,
benefit Of his department, anc
any monies spent or effort mad,
TO improve the department will
bring returns a hundred fold
Would be economists and care
full councilmen will be wise :,
take these facts int considera
ton and should remember tina
il is q wise expenditure Of a few
dollars 10 send the chief OF TIL
department to the best school o
instruction 70 fire chiefs in TIL
tvn.l1
The Durham recorder. [volume] (Durham, N.C.) 1879-19??, 1892-09-14

To rise in the morning with a
bad taste in the mouth and no
appetite, indicates that the
stomach needs strengthening.
For this purpose, there is moth.
ing better than an occasional
dose Of Ayers Pills taken at bed
time.
The Durham recorder. [volume] (Durham, N.C.) 1879-19??, 1892-09-14

1t is confidently asserted
that all things will be ready for
the corn huskings this fall.
Numbers will come out Of their
holes to tell the farmers what
they think of the political situa-
ton.