The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1892-02-23

&c" demands the values Oh III HOSES
Ona hoIf These notes were gaGhefeo
~ nv the money devils by
nbo credit strengthening aGCl was
Sonbled in value, ana Oy lesi 9laCpDnl ~
ou Increased in value tour
per cent.
Every Democratic organ In the south
laovTs The South is poWerless TO MAKE
onv change in existing pension L@Ts
any od;tor of those organs knows the
EVER Its could not carry a single
DkJar.tbern State, and could elect but
80 Democratlc Congressman IN the
North. They know that One-half OF
The nensiOned sol tiers, with their
| friends. are Ii the Democratic party,
| and these hold the balance of power IN
| every Northern State, and in nearly
every Congressional district. These
are facts knO wn to all these editors of
| Democratic organs South. Does these
editors expect to make any change in
| the present pension system looking TO
| the reduction of taxes7 They expect
nothing of the kind.
Democratic congressman from the
| North have introduced bills to equalize
the bOunties of soldiers. Any nov
looking to a change of the present pen
sion system will bring overwhelming
defeat to the Democratic party. Office
is what these Democrats want, and
they will not do anything to jeOpardize
the success Of the party. This is why
these Democratic organs all over the
South have turned their coat and
abandoned all financial reform. They
are now satisfied the pensiOned monOp-
hOlies holds the sugar plums. Why
RlIC ACKNOWLEDGEMENTS IT IA RI npaSty1ino
and deceive Southern voters and pre-
vent them from going into any other
party by making them believe the
Democratic party will reduce taxes by
repeating the present pension system.
Second. They are furnishing ammu
milton to the Republican party North
to the Republican fold. The two old
machines are puppets in the hands of
| pensi )ned mOnOpolies, and when they
| say dance, they dance, but they make
the industrial class pay the fiddler.
Reader. observe how anxious these
Democratic organs all I'VE the South
advocate the repeal Of the 10 per cent
tax on State banks Sd the rich m0neyed
men in the South can loan their credit
debts to the industrial class and pen
sion them on the working people. Does
any of these Democratic organs propose
to repeal the present banking system
and have the government issue its
credit and put this money into CirCu
latIOn by paying the expenses Of the
government, ana TO this extent reducing
expenses and saving the people the
enormous pension paid in the shape of
interest on private corporate ms credit.
Why don't they advocate this measure
> -, - vv-.11 N-~@- -,rnh n Hv-.l-0
some pension from the backs of the
peopIe'
Because their bosses have put a
muzzle upon their mouths. The bosses
fear the money devil more than they
40 the pocp4a who pay tha:ir pensions
These 2X4 editors haven't a soul they
dare to call their own.
Under the State banking system
tt ey will allow the rich to tax she in
dustrial class South ffty-eight millions
of dollars annually for the use of their
credit, and eighty millions each year
to foot bonds on which to issue their
promise to pay.
The Alliance plan adopted by the
Peoples party will ave the Southern
producers eight hundred millions each
monOpOlies. The Peoples party once
LIZ pO"C4 III A@5IAC Llby uOlAAIS pEI
capita, and this will be put into eircu-
lation without taxing our industries.
By so doing they will double the pay
ing power of the industrial class The
increase of the circulating medium Il
fifty dollars per capita will give the
South an additional circulate IN of
$500, 900, 900. I want to make a suxges=
ton or proposition to the Democratic
4editOrs who are championiug the pen.
siOning Of rich corporations. Suppose
we adopt Senator Woods financial
plan, viz: Let the government issue
JUL legal tender United ST 4tes notes to
the amount of fifty dollars per capita,
and let each State have its pro rata.
Each State would be free to choose
their plan of putting this money into
circulation. Let the Southern States
loan eve hundred millions to the
people, secured by real estate at 4 per
cent. interest. The interest on this
will amount to twenty eight millions
annually. To keep up the per capita
to fifty dollars, the South will receive
annually twenty millions dollars from
the U. S. Treasury.
This will give the South an income Of
forty eight millions annually. Now 7
am coming to nv real proposition. |
want you to show q portion Of YOUR
love for the poor broken down Confed-
crate soldiers who for four years ex
posed their breasts to bullets and their
bodies Othe inclemency of the weather
and showed a fOrtitude under suffering
for the lost cause that is worthy of
your best attentions, I propose we
take one hundred millions of this
money and buy a large, farm in each
Congressional district and make a
homo where disabled soldiers, their
wives and dependent children will
have a comfortable home. and where
their children will be educated to be |
good citizens. This will give each Con