People's voice. [volume] (Wellington, Sumner County, Kansas) 1890-1917, 1893-08-25

possession Of all it now owns, but
take from it the right 10 issue money
End delegate this power to some ono
else, say one single individual, don't
you know that the money trust would
be at the mercy of this one individual
sust as effectively as the people now
are as the mercy of the gold trust?
Why? Because this one person could
food the country with money, which
would depreciate its purchasing power
end impair the value of all contracts
end obligations.
The authority to issue money is by
Ear the most potent which civilized So
eiety and governments are called on to
exercise. If this prerogative is dele
gated to private corporations they
have the power which can reach into
the pockets of every farmer, every
laborer, and every producer, and TAX,
;out of the proceeds of their earnings
AL the traffic will bear"
Any reform advocated in our none
| tary Gystem which does not destroy
1.-THE roots that support this money
trust and take from it the right to issu,
money is not true reform. 1t is only
80 makeshift.
The right and authority to issue
money is the pivot upon which the en-
tire money question revolves. tits tho
?ith, the marrow, the Alpha and
Omega which supports the entire
structure of the money trust. The
Srst blow to strike at this trust must
be to destroy the pivot upon which it
'ests. Take from it that subtle some
ching which the law imparts to every
dollar; namely, the power of money
and the right TO issue it. Restore this
prerogative, as jefferson said, ito the
; government and the people, TO whom
lit properly belongs" Just as the
right to govern must be derived from
! the consent of those who are to be
governed, so the right TO issue money
and control its volume must be exer-
, cised BY the people and for the people
who are to use it. 1t is Just as impos.
: sibe for labor to receive the full fruit
: of its toll with the power of money in
the hands OF a trust as il is for the
people to expect good laws and wise
government il they should lease the
L ght tc make laws and govern TO a
similar trust.
I know that our silver friends in the
west would like for us to lay every
other issue aside and make fight for
free coinage Of silver only. This we
cannot do. The peoples party can
never abandon that principle which
underlies all other reforms; namely.
that the right to issue money is an ex.
elusive prerogative Of the people. aud
the government alone has the right te
exercise it.
am unable to say what issues may
come before the people in the future,
or what the views of a majority of our
voters are on the question, but for
one will never raise my voice, nor give
my vote in favor of any proposition
which will compromise the peoples
party on this principle. To surrender
this is to deliver our party into the
hands OF the money trust
The peoples party has battled for
the free and unlimited coinage of sill.
yer from its birth, and will continue
to do so until the silver question is
settled. But we cannot make that the
only issue. The money question can
not be considered settled until It is
settled right, and in order to settle il
right we must take the authority to
issue money from the trust and restore
it to the people. II Wall street and
the gold trust of Europe succeed in
banishing the white metal from the
minis of the world and thrust an ex-
elusive gold standard upon the people,
then the next move will be to demon
etize gold also and estas ,ish a scien.
t nc monetary system.
II L IT -.