People's voice. [volume] (Wellington, Sumner County, Kansas) 1890-1917, 1892-04-29
PEOPLES Il VOICE.
BANKER AND FARMER.
The Farmer has been going to Alliance Schoo
and Knows that National Banks are
Legal Wrong.

Leya "iVhy'
National Banker Ito farmer)-LOOk
here, John, what do you mean by this
free coinage of silver? Don't you
know that it will be to your disadvan-
tage? Don't you know that it will
make a cheap money and the man that
is owing you can pay you with it?
Farmer-Well, yes, but this cheap
money will pay his debt, won't it?
Banker-Why yes, certainly.
Farmer-Then it will pay my debt to
you, won't it?
Banker-Yes, of course.
Farmer-If it is cheaper, can get
more dollars for a load of wheat, can't
l?
Banker-Yes, of course, but YOU
Farmer-Well, if this is so, can get
more money for the same amount of
labor and thus be able to pay more of
my debts with the same amount of Ia
Dor? Isn't that so?
Banker-Yes; but don't you see it is
going to make our bonds payable in
silver or gold, instead of gold alone,
and this will depreciate the value of
the bonds and thus work a great in
jury to us capitalists? In fact it
would be robbery.
Farmer-Did not these bonds used
to be payable in silver and gold?
Banker-Y yes, they-they did be-
fore silver was demOnetized.
Farmer-After silver was demone-
tized they increased in value, didn't
they?
Banker-YeS. they were then paya-
BILE in gold.
Farmer-How much did it increase
them?
Banker-O, perhaps % per cent, and
now don't you see how wrong it would
be to steal our values away from the
bonds by this tOmfOolery about silver?
Farmer-What was the reason for
the demOnetizing of silver?
Banker-Well, you see, we bankers,
that is, capi-Or, oh, the spectators,
wanted-that is we-or, rather they
underStOOd-well er the fact of the bus
mess is, | never understood what it
was done for.
Farmer-Well, when it was done it
made dear money, didn't it?
Banker-YeS, er-that is, yes, l pre-
sumo it did.
Farmer-Well, if it made dear money
didn't it depreciate the value of nv
wheat and corn and thus depreciate
my labor?
BankerrY yves, BIB but don't you
see you could b b buy more with the
dollar?
Farmer-Yes, old boss, but here's
whar I've got ye. Hain't l got to git
up a heap earlier in the morning and
pillow and hoe and drag and SOW and
dig and Scrape a darned sight harder
and longer to git that ar
dollar than | do the cheap
one? And when l git my old
dew-clawS on to it, b'gOSh, | find it
won't pay only about half as many
debts as the cheap one. You see we
hayseedS have tumbled onto your little
scheme. We have found some mighty
queer things in this ere same silver
question. We notice one thing. You
old, big, fat, well-dresSed fellows can't
give us any reason why silver was de-
monetized. We kinder hitch Onter an
other snap: That when silver was de-
monetized it increased the value of
your bonds about S3OO,OO,OOO. While
it increased the value of all the nation
al securities in proportion, it decreased
my ability to pay my debts just one
half, and of course, as pay my debts
by my labor on my farm and value DIV
farm by what it brings me, it decree sed
in value in proportion. Mr.. Banker
your scheme of demonstration STOLE
$500 out of my 5000 FARM You
don't care who was robbed or our side
OF The fence, do you? An1. you and
your kind have been lying to and de.
celvlng us critters and keeping us
blinded to our own interests for 6f.
teen years. But you can't do it any
longer. Good day, sir.-The Leader
Belmont, N. Y.
MT Az All