The Caucasian. (Clinton, N.C.) 188?-1913, 1893-11-09
'se may properly dismiss i, from our

foundest depths in every commanii
from ocean 10 ocean and from lak
10 gulf.
III has been part OF the prograt
Tor The past twenty years 10 rvad
or straddie the great questions an
quarrel over the little ones. To :
draw the issues that the people sr
prevented from expressing thei
Judgment al the ballot box. Such !
the attitude of the democratic an,
republican parties to-day. TIL
voter may take his choice. his hallo
VIII record no conviction on any i'm
portant question. For fifteen year
both have demanded the resioratio,
OF silver. Each has had the powe,
without the aid of the other and IN
gether they have had the power al
the time, yet after all these years ot
| broken promises. of waiting ana
watching for this simple act OF Just.
Ice, the people find themselve.
powerless to compel either party I,
do It's duty or keep It's promise. Tn.
parties control the people instead oi
the people controlling the parties.
| III there has ever been "A question al
| Issue before the American people
since the slavery issue was settled at
the cannon's mouth, the question of
silver coinage is an Issue to-day
party leaders 10 the contrary not
outstanding. Recent proceedings
of congress have cleared the atmos-
phere. No man of sound mind can
long doubt that the controlling
leadership of both parties is opposed
to silver, nor on the other hand that
the MASSES of the people are in ia
vor of the coinage of silver. Such
Is the overshadowing Importance of
the question, Thele are but two
parties now, the one is for the fr,.
coinage of silver, the other is against
1t. 1t is as Douglas said when Bragg
fired the first shot on Sumpter:
There are but two parties now, the
one Is for the union the other is
against IT."
The enemies of silver are in the
main congregated about the great
cities and trade centers. They com
prise the wealth and aristocracy of
the nation. They are the classes
dealing III stocks and bonds largely
the agents of foreign capitalists.
The people who have monopoly of
the credit selling business and man
age the trusts, sypdicates and cor
po1atlons. these with their attorneys
In congress make up the force that
conspired against silver twenty
years ago and who are now raising
heaven and earth to bring the most
infamous chapter in the history oi
oar country to close. Against
this force stands the common people,
the classes who perform all the la
Dor and produce all the wealth, the
people who feed and clohe the ma
ton. The QUARREL between these
classes Is not over abstruse problems
OF finance as politicians would have
us believe, but is a very simple one.
IN WHOSE INTEREST WILL you vorEP
The chief use of money should be
that OF tool of commerce and not a
mere harvesting machine to gather
interest. The people would have
large volume of money so that. as a
tool. 1t would be cheap. The money
center that monopolizes the sale of
credit would have small volume of
money and large volue of credit,
because their profits depend in sell
ing credit to industry for use instead
of money. Industry would coin sill
var because 1t increases the volume
of money and broadens the basis of
credit. To-day the credit seller
takes the cream, over 80 per cent of
of commerce is done with credit.
Industry would shake off the interest
burden by increasing the volume of
money. Industry has learned that
as the volume of money rises, wages
and the price of products rise, and
that the burden of debts and taxes
becomes lighter. The credit seller
knows that as the volume of money
is contracted prices fall and he will
take a larger share as an interest
charge upon thu sale of credit. This
is the essence of the quarrel, all this
talk about an honest dollar is the
mere smoke of the battle. Business
to-day is done with dollars only in a
small way, but with paper credits,
which We from habit call money.
The whole system stands precisely
like the railway. 1t is system OF
monopolized inflated credit, stand
ing theoretically upon gold and sill
Yer, but really upon the industries
and property of rhe people.
THE CONFIDENCE GAME.
In the discussion of the silver
question we have heard much about
confidence. Silver coinage stands
charged with the failure of conf
dence, so it becomes necessary to
ascertain, if We may, precisely what
Is meant by this term before we can
deal intelligently and honestly with
silver. Confidence is one IF the fine
words of our language, the politician
ana hnancIer corJure with 1T, roll il
under the tongue like sweet morsel.
The president in great, rotund,
prompous way announces it. The
great dailies proclaim 1t. 1t comes
to us on the wings of the morning.
The one horse editor OF the country
newspaper echoes it, and now the
world rings with the wall. "A want
of confidence" People who have
for twenty years proclaimed a want
of money and foretold this time of
distress and the gradual impoverish-
ment of the people through this
credit selling system. have been
dubbed calamity howlers, and ridi.
culed as cranks and lunitics.
In all the discussion in congress
and In the press about this exceed
ingly ethecrical entity or nonentity,
called confidence, it has not yet been
run down and caught so that it could
be examined. Like the ghost in
Hamlet it is here, it is there, it is
gone.
ITo BE CONTINUED
When The CAUCASIAN gets 2O,-
900 subscribers some of our present