The advocate and Topeka tribune., 1893-06-14
POPULIsTS AND CAPITALISTS.
Relations Between the Two Discussed by
Nebraskan.

the two Dakotas, Oklahoma and Texas to
provide means for building great railroad
from Bismark to the Gulf Of Mexico. It
requires money 10 build railroads. The
Populists in the states named have no
money. They can obtain money only by
borrowing it. Their plain invokes state aid
by using the public credit for negotiating
loans. Il would be instructive to see Pop
ulist politician in she character Of agent for
a Populist state administration approach
capitalist and ask for money on the credit
Of individuals, or land owners, or Of the
government in states where POpulist legis-
lation prevails. With record Of repudia-
tiOn, they could not borrow cent.
EDITOR ADvoCATE:-The above editor
isl from the Chicago Herald Of the 9th
inst. is q sample Of how the great west is
mlsrepresented by papers that one would
think had decency enough not to befoul
their own nest.
The Populists have no money. WhyS
Because what they produce by toll,
above an existence, Is exRcted by the
money-loaning capitalist and railroad ex-
tortionist. That we can obtain money
only by borrowing it is false. We OBJ
tain it only by working for it, by pro-
ducing it on farms, and in factories, and
industrial trades. By labor administer
ing to comfort and intelligence. How
does the capitalist get his? Nine cases
out of ten by class legislation and fraud
by forged stocks and counterfeit bonds.
The Populists who undertake to build q
railroad, or any other enterprise, on bor-
rowed capital, will fail sooner or later,
same as would q business man fail whose
capital was borrowed. No matter what
his industry, religion or politics. That
the Populists have repudiated or have a
record Of reputation is false. Some Of
us have sense enough to detect the
counterfeit bonds and stocks that have
been issued by the railroad managers at
home and abroad, and we are going to
disown these bastard securities, same as
does our nation the base coins issued by
their ignorant cousins in crime, the
counterfeiters Of money. When "Ne-
braska, Kansas, the Dakotas, Oklahoma
and Texas" repudiRte honest debts,it will
be time enough for these defRmers Of
the great toiling west to bring that
charge. The Kearney and Black Hills
railway was built and equipped for less
than $4,000 per mile, as proven by the
sworn testimony Of their own managers
ia the case of VIM. Nash OF al vs.. Nelson
A. Baker and others, now on file in the
supreme court of Nebraska at Lincoln.
And yet that road has issued securities
upwards of 81, 100000 in excess of that
amount, which securities are forgeries OF
values, and they call upon US Populists
(who have no money! to make these
forgeries good. That we have been fools
enough to do it so far is explanatory of
our poverty. That railroad (the X. &
BID is sample of railroad building in
the west. The branch lines Of the
Union Pacific railway are built, without
exception, on this kind Of value, and the
main line is robbed to obtain the
$1,000 or $4,000 per mile actually in
vested. The government debt goes un-
paid, and we are asked to extend it fifty
years at per cent. and 100 years at per
cent. The human cattle Of this country
are too green to burn, and hell is not