The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1893-09-05

county and village and city west Of the
Red River Valley, such as Kidder,
Morton, Eddy, McHenry, Bottineau,
Rollette, Towner, Cavalier, Foster,
Stutsman, and city of Jamestown,
LaMoure, Grjggs, Steele, Barnes, Ran
| som and others.
In the Red River Valley the county
Indebtedness is less, but everywhere,
as a rule, that you see a school house,
you see a bond behind it drawing in
terest to be discharged by tax, and
its towns and cities are deep in debt.
What is true of public Indebtedness in
North Dakota, is approximately the
case with every other Western and
with every Southern State.
Less than ten days since, We were
reading a statement that the public in
debtedness Of the county and subor-
dinate organization, in the county
wherein is situated New Whatcom in
Washington was two million and one
hundred thousand dollars.
This is not only the condition Of pub
lie Indebtedness West aud South, but
it is mu-h the condition Of things in
all the Central and Eastern States.
In addition to this, almost every rail
road in the United States is mortgaged
for over half its value, the mortgage
is owned IN Europe as rule, and the
stock III this country When VIC go
over to a gold basis, the world will go
there also, and prices will shrink one
half for the reason that there is as
many silver dollars of money III the
world approximately IS there is Ct
geld, and the production Of silver is
greater than gold and the gold of the
world at this time is not found in
placer mining as formerly, but in
quartz inlaid with silver, and when
silver mining stops, the production o.
gold viii greatly lessen, therefore while
the demand and uses for money will
be increasing its quantity viii have
iessened one half, and by all the laws
Of money as fixing price, and price will
| have fallen on everything one half.
When these county, city and school
debts come due, they cannot be re-
placed by q loan because assessments
and values viii have SHRINK so as to
place the county, City or school district
| assessment below the debt limit, when
it will no longer have any legal power
to bond, even to pay an existing bond
Il
ply to the courts for a judgment and
then for a mandamus order in the
United States Court to have a tax
levied to pay this public Indebtedness,
| the city, town, or county jailed until
| this shall be done, when the tax will
have to be paid or all delinquent prop
erty sold to pay this public indebted
ness and the man who has never given
a mortgage, and who thinks he does
not owe a dollar, Will have to meet this
tax or be foreclosed, also let this tax
debt cut out the mortgages he holds
against others unless the creditor ad-
vances it and then take the land unless
the mortgage reGeems from both tax
and mortgage when the mortgage
will become a tenant or with his family
step into the street as tramps.
Every Senator and Representative
who votes with the Cleveland and
Sherman crowd on the issues now
pending in Congress will vote to create
this condition in every part Of the
United States and to foreclose the ma
| j0rity of all the railroads in the United
States and cut out American ownership
and control of them and transfer this
to Europeans, and in those cases
where the railroad shall De able to
escape foreclosure, the patrons of the
road who are the public in paying for
the traffic which those roads will do
/ for the public viii have to meet the
double debt on the road, which 0ebt
will have been doubled by adopting a
single standard of money.
Don't fail to write to your Senators
and Representatives to have no dealing
with the Cleveland and Sherman
crowd. It is not question Of party,
but Of national and self existence.
WILLIAM II, STANDIsH.
! Bismark, n. D.
-&"-~SS