The Kimball graphic. (Kimball, Brule County, Dakota [S.D.]) 1883-1905, 1893-09-16
WALL, Il

AS ~ gus puetoul Vi tlle tnUNelupnI
against free coinage and for the repeal
Of the silver purchase law a dark,
mysterious, crafty, wicked, rapacious,
and t%yrannical power-a power that
seeks to rob and Cypress and enslaye the
people, and to sweep all the wealth Of
the country into its 0wn Unsuitable NAV.
This power they call wall Street."
Whenever business men or chambers of
commerce or boards OF trade in the East
demonstrate against a monetary policy
which seems to them vicious, it is said
that they have been subjugated by the
ogre, and speak according to its behests;
in fact. that they have become part and
parcel OF "Wall Street." To the Western
or Southern "cheap money" quack and
his diciples the Eastern business COM
munity and "Wall Street" are one and
the same thing--a lot Of greedy capital
lists who want to grind the debtor class"
to powder, and to that end conspire to
make money scarce and dear; Of railroad
kings who ruin the farmers by exhorbi-
taGt freight rates, and defraud their
stockholders Of their dues; of unscrupu-
lous spectators of all kinds, ever ready
to cheat and rob everybody, but especial
ly bent upon preventing the poor man
from getting plenty Of money" Tho
natural conclusion is that when "Wall
Street" calls ANYTHING good it must be
bad. and when wall Street recommend 9
anything to be done it must be sternly
resisted. for tie chances are u hundred
to one that there is a deyilisll scheme to
rob and Cypress the people behind it.
Now it will not be denied that in the
East i'll general and in Wall Street i'll
particular there are persons who want to
make money, and care little by what
means and at whose cost they make it
persons who would indeed not scruple to
corner the money market il they could,
aud to squeeze every dollar out of their
neighbors. But it would be just rs
reasonable to jadge The business com
munity Of the East, and even the real
Wall Street, according to them us it
would be to call the people Of the West a
people OF land-swindlers, train-robbors,
and drunken cowboys, because there are
among them some lying real-cstate
spectators, some higiWaymen, and some
cowboys who delight in drunken sprces;
or to call tho Southern people a people
composed Of negroes, bulIies, and tipping
"%co!onels," because there are among them
Il good many colored folk, as we'll as
some men given to tiourisling revolvers,
and some "%colonels' fond OF whiskey and
big talk. The sober truth is that there
are good men and bad men everywhere
in this as in other countries, that the
Eastern business community does not
differ at all from the business COM
munity Of the West or the South in wish
ing to be prosperous itself and to see
other people prosperous, and that it ul.
derstands very clearly the prosperity Of
the rest of the country to be the condition
sine qua non Of its own. If there is any
rea! difference between them; it is thai
the Eastern business community is older
and has accumulated more capital. Blu,
much Of that capital is engaged in West
ern and Southern enterprises, or il
mercantile or manufacturing concern.
that lave the West and the South fol
: their customers. Eastern men are no
l so brainless as not to know that if tn
l Western and the Southern people are il
| a prosperous condition they will be goot
/. customers, for then they can buy things
. and pay for them, and get up new devel
opments in which Eastern capital find.
profitable employment. They knew
! equally we'll that when the West and tn,
South are not prosperous they will be bat
customers, who cannot buy things or pa,
for what they have bought, and that til,
Eastern capital engaged in the West Oh
!, South will then yield no profit, or be ever
lost. Eastern business men therefor,
naturally wish the West and the South
to be prosperous, they know that IN pro
noting that prosperity they build W
their custom and most etfectually sery,
: their own Interests.
When speaking of Wall Street in thu
narrower n people mean the Stool
Exchange, where the securities OF rail
roads and OF industrial enterprises ant
similar things are bought and sold
There are a few spectators operating
8 there who seek to profit by the deprecia
Y ton OF values, and use various, sometime,
3 ~unscrupulous, meal to bring about sucl
depreciation. They, however, usually
G succeed only when the general condition
of business in the country is such as t.
3 favor gambling for a fall. They do no
Y produce declining tendencies, they onl.
t lake advantage of them. But the over
whelming majority of those doing bust
ness at the Stock Exchange are Away
trading upon a nope for a rise in values
! They wish to have times flush an,
:. tiourishing, to have plenty Of money i,
, circulation. and to see people inspire,
), with hope for the future. All the effort
they are able to make are made to tina
end, for they fiud it in their interest t,
40 so. when the country at large il
prosperous and hopeful, they are prosper
GUS and hopeful too; not otherwise. W,
have a distinct measure Of what til,
e members OF the Stock Exchange conside
a good times for themselves. Some tim,
y ago when business was thriving all owe
the country, North and South and Eas
t and West, a seat in the Stock Exchang
t was held to be worth as much as $4,000
In these times OF depression n seat Their
may be bought for $4,000 and ever less
s It's evident, therefore, that they con
' slider bad business throughout the coun
try to be bad business for themselves
aud their natural wish is that all mean
G be employed to bring on au improvement
OF the condition of affairs everywhere.
In tho Iarvar sunSa uWaU Stroot