The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1892-03-01

to swallow the Gamer WDII0 GIIG 1dOS oI0
being swallowed by wholesale. Has a
low tariff caused the general depression
and contra ,tion of the currency of
1892 If not, how much worse Woul
orr condition be if we had tariff for
revenTe Onlv9 How much lower would
prices be if tariff should be removed
from foreign goods, on top of the de-
pressed prices? My friend, according
To vO11r argument our products would
he so CHEAP that all the nations OF the
earth would desire to buy from us
The oates are open and cheap labor is
! coming in from many nations. II our
| American labor has to compete with
| foreign labor why not American manu-
| facturers compete with foreign manu-
facturers? Here you see the golden
calf come out from behind the manu-
f~acturer. LabOrers seldom make more
than a living, and they could have the
exquisite pleasure of doing the same in
the field. Manufacturers shut down
on them when they see proper and keep
then dependent on them as much so as
if they were slaves. When q manu-
facturer votes he generally votes his
hands. Can the free school system
reach young children who work day
and night in factories? If the parent
stops them to send them to school, the
whole family may be turned out of en-
plOyment. No, they have to sacrifice
the chance of q free education. Then
ignorance is on the Increase. So long
as the people submit to this, our gen
| eral tendency will be downward So
the manufactures is working an injury
to the nation, intellectually and NOR
ally, by being allowed to employ young
| oh lid ron %hnrphv CnnTltiPInp their
| chances for an education This seems
| right for present needs; but, like the
whiskey drinking, the evil will IN
crease and the end Will be destruction
Speaking Of there being no monopoly
in cheap goods, let us see. The manu-
facturer of cotton goods a make six
yeards of plaids out of one pound OF
cotton at an average of 81 cents per
pound for the cotton, and sells the
plaids at Al cents per yard, realizing
81 cents on six yards, less 81 cents for
cotton and the balance, 211 cents, to the
manufacturer from n pound Of cot
ton. He makes seven yards of prints
and sells them for 81 cents. less cost of
cotton, 80 cents on the pound. 1t is no
surprise to the man with his eyes open
that new factories are being built and
extensive additions being added each
year. This shows a larger profit than
investing in 2 and 4 per cent. bonds.
No one would invest his money in
bonds if he knew there was more
money TO be put i'll his pocket by in
vesting in factories. Ha! ha! can't you
see it? The manufacturer gets more
money out of a pound of cotton, at
present prices, than he did when cot
ton was II cents, putting one pound of
cotton in four yards of plaids and sell
ing at Z cents. Take off the tariff, it
will not hurt the producer. If the
manufacturer can't compete with for
eign goods, let him change about and
make his own meat and bread. So
long as they are protected they will in
crease and the labOrer decrease. Give
us better goods, yard wide and heavier
weight. But as you say cheap goods
will never relieve present depression.
True. Now all eyes are on the million
aire erecting his private displays, pay
ing out money to labOrers and getting
nothing in return. While the manu-
facturer is palming off his cheap goods
on his hands and being able to sell at
their own prices through the power of
combines and corporations, daily rob
the laborer of his just profits. This is
what will irelandize America if it is
allowed to go on as at present. In fact
the farmer and all labOrers are sur
rounded by a great host, and soon they
will have to surrender. Rally, We free
men of America, and put down this
robbery. You say when the laborer
can dictate the prices of his products
by combining, they will be the most
prosperous people in the world. That
is true, but what would the result be2
Just the reverse of what it is today. |
Supply and demand must regulate
prices. With a full volume of money
under the S~ub-Treasury plan, and an
overthrow of the present financial
credit system, supply and demand will
establish prices, which would work
tremendously to buyers and pro
duCers. Then prosperity will return
to us and the new era begin. Any man
with a brain larger than a tobacco seed
ought to be able to see this. The erect
ing of magnificent, useless private dis
plays will, if INDUCED in, reduce the
millionaire to poverty and scatter his
wealth among the tOilers. Whoever
heard of a monument rObbing the man
that produced it, after he had received
full value for his services? Stand up,
my friend, and hear the whole truth.
1t Is the Incorporated live working
capital and mOnstrOus combines, under
the present laws, that is robbing labor
and not the dead private displays of
private individuals.
In conclusion will say, without fear
of contradiction, that every man here,
whether a reformer ar a single barreIed
choke bored p~lutocrat with his $500
bird-dog, would welcome Vanderbilt
here and sell out to him at 100 per cent.
profit. Then we would have money
largely for our investment and would
be able to buy ON the outskirts of the
city and beautify our homes with some
small private display; and here Van
derbilt i n the center for capital, many
other places, larger than this, no doubt.
| womb to donate him q site tn