The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1893-08-15
ppEsrDENT CLEvELAND's MES
SAGE.

message to the extra session or Con
grress, this week, in order that our
readers may see just what he says
brought about all the trouble and how
it may be remedied. The message, like
all former e written by President
Cleveland, is brief, and will please
Rothschild and associates in France
and England immensely. Few men
can write better English than Mr..
| Cleveland. No man can say more in
a few words to please English finan-
ciers than Mr.. Cleveland. We believe
that the recommendations in his mes
sage are more damaging to eighttenths
of u people than car be found In any
similar document ever put forth in
| America.
The President understands the situa
ton fully, it seems, and SO states in
the message. By reading closely you
will notice that he avoids many things
long regarded as vital by his party
His explanation of the details of the
Sherman law and the evils that have
grown out of it is very plausible. If
the use 0 fwheat for making bread had
been forbidden by our government in
1878, as the use of silver for money
making purposes was forbidden, the
result would have been similar to what
it has been it regard to silver. We will
suppose that John Sherman, in order
to prevent the passage of a free wheat
bill, had introduced a bill allowing the
sale Of a limited amount of wheat, not
to be made into bread, but to be bought
and stored by the government and the
the government allowed to issue rye
instead of the wheat. The result would
have been the same. The government
would have had a great quantity Of
almost worthless wheat on hand, just
as it is loaded with deprecated silver.
The value of any metal or commodity
can be deprecated by law. If iron had
been legislated against in favor of steel,
iron would not be worth one cent per
pound. If the Sherman law was re
pealed and free coinage substituted,
money would become more plentiful
and the price of silver go right up with
other prices. But Mr.. Cleveland is for
a gold basis, knO king silver out of the
ring entirely. The natural result will
be that all the gold and other money
now locked up will be turned into cir
culation, the banks will declare the
panic over and times easier. But that
will not last-it cannot. Instead of
panics once in ten Dr. twenty years we
will have them every year-all the
time, in fact. Farm products
will drop as low or lower than
at present and other business will
be fully as improbable. Land will de-
preciate, become unstable. At first it
will be "hard times" but later on the
people will have to go back to primi-
tive methods. In this progressive age
prices must be high and money easy to
keep the machine going, or else nine
tenths of the people will be reduced to
serfdom. True, people can adopt primi-
tive modes of living. They can raise
their own food, and ought to, can make
their W clothes, can walk or stay at
home. But when that style of living
becomes necessary, and it will with a
gold basis, the railroad trains will no
longer run, the wagon Or buggy fac
tory will stop in fact every factory In
the country must close it's doors, so
will three fourths of the merchants
and bankers. But few newspapers
can be published, telegraph communi-
cation can only be kept up between
large cities. People may raise, chew
and smoke their own tobacco in
cob pipes, for the cigar or plug factory
will no longer be able to run-most of
them are standing still now-things
considered necessities today will be
known as magnificent luxuries then.
The towns and cities will rapidly de-
cay-are doing so now. In short, the
progress we have made in the past
hundred years will be forgotten as we
get poorer and progress backward,
Schools and churches will soon close,
which means millions of ignorant serfs
and a few thousand ~aristocrats who
will roll in idle splendor something
after the fashion of uncivilized foreign,
ers. We hope that Mr.. Cleveland's
policy will not be carried out, but if it
is and continues, a few years will be
enough to prove that a gold basis means
about what has been described above.
THE SUGAR BOUNTY FRAUD.
On Oct. 1st 1900 an act waa nasaed