The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1892-03-08

should have a guardian appolhtedf Is
it anv wonder the politicians refuse TO
do the will of the people who nave per
petuated such a financial system Tor
nearly thirty years. Such a financial
system will ruin private individuals,
also the nation.
PANICs RUIN OUR BEST BUSINESS MEN.
AS it is the ships under full sail that
are the easiest wrecked when the storm
comes upon themJ so the best business
men, who invest their all, are the ones
who are financially shipwrecked when
the storm comes upon them. AS the
ship sailing under close reafed sails are
the best prepared for storm, so the
men who invest cautiously and keep
money in reserve are the best prepared
to resist financial storms. The first
class employ men, push business and
make this country what 1t Is. The sec
Ond class are cautious and V push
forward any great enterprise. 1t IS a
fact that our best and most enterprIs-
ing business men are ruined during our
financial storms.
Kind reader, is it not a libel on our
boosted intelligence when we continue
a financial system that ruins on best
business men7 All this can be obvlated
by substituting a financial system
where every transaction is cash and
every dollar deposited is guaranteed
THB NAN WHO WANTED H SUB E
URY ONCE, BUT DOES NOT
WAN IT NOW.
I see the monopoly press of both
parties are publishing the old chestnut
how a farmer in Alabama in 1867 made
a little fortune on the farmer and now
has So. $50 loaned to his neighbOrs. He
ssure every farmer they al do the
same and never borrow a dollar. He
does not want any Sub Treasury now,
though he did n We saw the same
going the round of the plutOcrat
press during the campaignO of the Green
back party in 1876, only then the sue
cessful farmer with money loaned did
not want full legal tender greenbacks, |
though he did once
If such articles as these have any
effect on the farmers, then they are fit
subjects for slaves, and nc wonder that
JAY Gould says he can hire One-half OF
the farmers to shoot down the other
half. The class. that does not know
that we cannot transact business with
out money and does not know before
that money can be got into circulation
some OnemUst mortgage their property
under our present financial system, Is
about as ignorant as the benighted
heather. By the way, the man who
reads nothing but the average Republi-
can and Democratic papers will remain
in Egyptian darkness as to financial
truths. The farmer who can lay up
money tO-day must rob his back and
his belly. | have seen a few that have
81 succeeded but they were poorly clothed
and ate that which others would not
have. They belong to a class of skin
dints and are disgrace to a HOttentOt
civilization.
The plutOcratic press r quoting an
anecdote gotten off by Gen. Sheridan
in q Western campaign. There was
one of those cranks, an old gentleman
who believed that the government could
put it's stamp on a piece of paper, say
ing this is a full legal tender for ali
debts, and it would be a dollar. He
asked General Sheridan if this was not
a fact and the General retOrted by ask
him if the government was to
him on the back, saying this is
Daniel Webster, if that would make
lim Daniel Webster? This brought
Down the house. 1t showed the be-
ignorance of the audience and
jhe low demagoguery of the General.
Gold is not money until it receives the
Of the government and is not a
yegal tender for anything until it re
the stamp. The paper is not a
egal tender for anything until it re-
eeives the government stamp and then
t is a legal tender for all debts, public
and private.
The government has the cOnstitu-
iOnal right to coin money and can
the material out of which it will
,oin money. The government cannot
DIN Daniel Webster.
The Alliance must put missionaries
4 the field to educate these financial
eathens and teach them we have a
institution that gives to the people,
through their delegates, the power to
DIN money out of any material, and
hat the Supreme Court has so decided.
is but one remedy for this, and
hat is for every Alliance to push the
REGULATION of the reform papers. The
.Iutocrat papers are being sOwn broad
asst and they are full Of misleading
Give the people the truth.
f the Alliance would free their class
rom slavery they must.press forward
he education of the people. There Is
.undreds of millions in it. The writer
ffers one hundred dollars as premium
0 the party who will send the largest
of subscribers to THE PROGRESS
I'VE FARMER during the year of 1892
JAMES MURDOCH.