The morning call., 1894-02-15

note what has been done consider recognized
effects from known causes. While few have
taken an immense proportion of this labor
created wealth. the great mass or the people
have steadily grown poor.
Ii is as though a man had had a magnificent
business abundant capital. sound judgment,
experience and capacity, had been frugal and
industrious. had made straight along had
created bOundless wealth, met with no reverses.
and at the end of twenty five years. continuous
prosperity was bankrupt Would 1t not be said
of him and well said that he mad paid out too
much inIerest-mOney, and that there had been
bad financial management? Ii the management
of the financial part of the business had been
I'm The hands of an agrn ut throughout this time
would not that agent be blamed, and his
methods criticized? Our National Govtrnment
is charged with the financial part of the bust
ness of the people of America; IL regulates the
amount OF money In use, aid so controls the
ultimate profi from all enterprise labor and
business Of eve ~ kind, inasmuch as that profit
depends on lie amount OF interestmOney paid
to GU side parties. European capitalists saw
this, and CAPTURED the control OF the Govern
ment through political party managers. so that
finances are not run for the benefit of the
peopIe but for English ShyOcks and their New
York allies, to aid them TO extract the utmost
amount of interest-mODey from the people OF
America.
How it is done Is not bard to see. Business
must be done on easn or crealt. Inc proper
cuiatlOu. Less cash. more credit; more credit,
more debt; more debt. NOR interest. until the
situation is summarized into bondholders and
bopdsmeu When money is in sufficient supply
men 90 not borrow. Usurers favor contraction;
they have pracice1 IL until now substantially
all business is done on credit. There is no con-
siderable amount of money In use that Is not
earning interest for non-prOducers who add
nothing to The commonwealth, but are burden
upon it. He is deceived who, because raIes
drop for little while, believes that the burden
of debt Is deer asing. Interest on money
| earned is put 10 work earning more interest.
Money is compromising all the time-niRhts,
SUNDAYS, Fourth OF Julys and Christmas. III Is
is an immense SNOWFALL rolling along and pick
ing up everything IN its path and carrying It
with II. The Insurers control, practically they
command all the money In use, and for that use
they take interest as il is called. but more APPLY
denomlnated rental and the point being where
| business Will not earn that rental business
stops and universal misery results.
The euro for this evil condition lies in the ex.
pausion OF currency, taking the people out OF
| the usurers hands by making 1t possible for
| business TO be done on cash basis instead OF
| credit with its terestbeailng bonds. There
can be prosperity until return be had TO
| conditions ID which no bankers but the Govern
| m ut of The United States OF America shall
| dictate regulate and control the amount OF
| money in use, such contIol Deing exercised IN
| the common interest OF the people, not specially
| or alone al all for the oeneht OF the money
| lenders. Such return, wish 10 emphasize the
| WORD, can only be had by getting back, by re-
tracing our steps and moving back To our
| former prosperous condition. One great. per-
! haps the greatest departure, from sound condi-
! tons was in the demonstration OF Sllv r; the
logical return is TO the reconciliation OF silver
| auu its restoration to lis normal monetary use
| al parity with gold at the ratio of 16 TO L.
Nothing but misery has resulted from
| can come IRON its restoration TO the
| place it held before the wrong was done.
| BY some political Teformers IL is claimed that
| both silver and gold can be coTnered, that the
people of the United states have no interest," la
| the silver fight and that paper money should be
| relied on. Each proposition Is faulty. Paper
money has existed always because there Is not
! sufficient GOLD and silver TO meet monetary re-
quirrments Nor Is IL essential that paper
/ limit Iah IA n al- nf
| other kind of money. There is no basis for
| money except the tiat of government, whether
| placed on PAPER, silver or gold. Paper, silver
| and gold money were the materials In use In
| the prosperous days OF America. Each has It's
| advantages anc disadvantages. Paper money
| being limlIless In quantity may be relied upon
| In emergencies or 10 make up deficit IN Tie
| others. But for thai reason Its uncontrolled
use might lead TO expansion, and Is more liable
| 20 legislative tinkering Silver is difficult OF
! production, ana Tile amount oil silver money Is
| absolutely beyond The control OF legislative
! lobbyists. Silver money cannot be cOrnered.
It's weight, he size of It's pieces, the smallness
OF the d, nomination Will pr event silver being
controlled or boarded up. Much Is said about
the fight of silver being IN the interest oil the
mine owners; farme's lar more tha !,
! mine owners profit by silver mining, /
90 not believe that the people of California, who
90 no. produce much silver, are too jealous to
accord silver miners Justice Californians are
| proud of our fruit Industries and the more
money the fruit men make the better II Is for
| the community Though our Individual inter-
| ests are to cut down prices, vel we pay more
| when production Is profitable and prices are
high. But the community gain Is In The employ
| ment of at the orchards and vineyards.
| The wheat Industry Is of value to California In
| that employs men and gives them money which
| is spent in trade here. Where do these condi-
lions fail in silver mining? SO long as mine
owners pay good wages and furnish employ
ment the whole country Il beDen ed Now,
money and WORK are The two thugs demanded
by til exigencies Of the times. Silver money Is
the key TO unlock he grave situation that con-
fronts Americans. Silver is the money of the
poor man; his close Pocket companion. With
free coinage we can employ the unemployed
and bring money into Gil cuation. With free
coinage must com The disaI pearance OF that
sringency which has brought the great repub-
lie 10 The verge of ruin Free silver coinage
men can Outvole their opponents. The voice
of the Americans in condemnation OF their
financial oppression will be heard. We will
have freedom, and the first great step TO IL will
be The free coinage OF silver.