The midland journal. (Rising Sun, Md.) 1885-1947, 1892-07-01

prlCes always anu iueVllaUly Iesulb Ill
bankruptcies Of business, depressions Of
industry aud the enforced idleness and
distress OF labor. Is it not plain, then,
that the free and full use of both the
money metals will give US more money
than if the use of one or both of them
be restricted
3. Since the volume of money in the
country must and will be controlled by
human agency, is it not better and safer
to place the matter ia the hands OF
Congress. where the Constitution places
it, than in the hands of bankers and
money kings, representing not the
people, but only their own interests and
speculative schemes? We have only
this alternative Somebody must and
will control the volume, and therefore
the value of money. Shall it be the
peoples representatives or the money
loaners and fundholders, whoar Away,
in favor of scarce and dear money ?
But it is sometimes suggested that we
refer the whole matter to the produc-
ton and available supply of the money
metals. Then suppose we simplify the
matter still further by restricting the
coinage of silver. This places the
entire management in the hands Of the
owners Of gold. They supply it or
corner it at will. making money scarce
or plenty as best suits their interests or
caprlces, This brings US to the condi-
ton of things mentioned by Mr.. Gar
field when he said: "Whoever controls
the volume Of the money is absolute
master of all industry and commerce"
Senator Benton said: "All property is
at their mercy During periods Of
scarce and dear money, money doas not
circulate freely. 1t becomes congested
in the great money centers. as is uni
formiy the case during period of fall
ing prices. In this condition it is easily
found and corner,d by the spectators.
Give us plenty Of silver, Supplemental
by legal tender treasury notes, as the
needs of the country require, and the
money reaches the channels of business
and the pockets Of the people, beyond
the reach of the money kings. Is not
this the better policy for all the people,
including the wage workers?
4. We do not propose to take the
earnings OF any one by an income tax
or any other tax. We propose to tax
large incomes, derived through unjust
laws and the violation of law. We pro-
pose to tax and limit the stealings OF
men who, through the power of money,
are taxing and taking the earnings Of
honest people. Then besides that, since
somebody must be taxed to detray the
expenses Of government, l think it bet
ter to tax the incomes of the rich than
the necessities of the poor. In other
words. we think it best to tax the men
who have the money to pay with. Is
not that reasonable.
5. OF course, the land does or should
belong to the people. But to which
people ? Obviously to the people who
live upon it. Not to the dead, nor the
absent. prefer the doctrine of Thomas
jefferson. That doctrine excludes
aliens. My correspondent, in advocat-
ing the cause of aliens, pays little atten
ton to the usual manly feelings Of
patriotism. He would place the lands
and homes of the people in the worlds
markets, and the longest purses become
the masters of the world. The rest of
US and our children would be the slaves
Of landed aristocracy, similar to what
is seen in the older countries of Europe
AS a matter of patriotism and common
justice, aliens should not be the owners
of American soil. My correspondent
inquiries whether the "single tax on
land values" would not make the dis
elimination against aliens wholly un-
necessary? l reply that there may be
great virtue in the single tax medicine.
but as we have not that medicine, and
the aliens are fast getting our lands, it
seems to me that the drastic potion
known as Occupation and use," as
essentials in the title to land, may, at
present, be more available and appro-
pirate. l am willing to admit, however,
that great men often honestly differ,
and if my correspondent will cease
calling the doctrines of others "a mass
Of absurdities and contradictions as be
styles the St. Louis platform, he will
find others thinking and speaking more
respectfully and kindly of his favorite
theories. ga man never gains by
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