The Philipsburg mail. [volume] (Philipsburg, Mont.) 1887-current, 1894-03-01
OF WKALYH
Fifty Men Control the Money
of America.
'HAUNCEY M. DEPEW ADMITS THIS
The COunary at Present Under the
Control of Vampyric OlIgarchs-
Remedies Proposed by That
Eminent Writer and Student.
Joseph Rhodes Buchanan,

I am not a pessimistic alarmist, bu
rather an optimist looking to brigh
| future; but when see desert or moras
] on our journey I know it, and no mirag
can hide it.
But our people do not see so as to rea
lize their present condition and the terri
BILE downward movement Of the avalanche
that is just beginning. They do not rea
llze that the American republic is already
J overthrown by monopoly and corruption
that the country has been surrendered
to the rule Of the plutocracy which cen.
ters at New York, and that we are prac-
tlcally in an oligarchy as formidable as
the 'thirty tyrants" of Athens.
| The oligarchy has shattered all pros
perity and driven three or four million
people to the verge of starvation in a
country which has the elements of uni
versal and unlimited prosperity. They
have brought on condition which will
not be endured by Americans long, and
they propose to carry on this dangerous
experiment on human patience until they
force the final struggle on the question
whether men or money shall rule forever.
From the present drift Of our corrupt
politics I do not see how that struggle
can be avoided.
That we are absolutely ruled by small
oligarchy (Which has tool in Cleveland)
is very plainly visible at Washington,
where the principles of Jefferson have
been abandoned by the democratic party
and the principles Of Lincoln by the re-
publicans and the fact is SO conspicuous
tc every intelligent man who has watched
the progress Of events that one of the
oligarchs has with the boldest kind Of
| frankness confessed it, and We thank hin,
for his confession.
Chauncey Depew, representative Of the
railroad monopoly power, has publicly
said that "fifty men in the United States
have within their power, by reason Of the
wealth they control. to come together
within twenty-four hours and arrive at
an understanding by which every wheel
Of trade and commerce may be stopped
from revolving, every avenue Of trade
blocked, and every electric key struck
dumb. These fifty men can paralyze the
whole country, for they control the circu-
latlon Of the country, and can create
panic whenever they will"
They have just been doing this very
thing, and we are agonizing under their
power now. They made this ruinous
panic to drive the people like cattle into
the slave-pen of the gold party, where
the people will be helpless and the oligar-
chy despotic.
Is there any hope Of restoring the re-
public--any hope for American liberty
in the next century? Certainly not un-
less thereople have sufficient intelligence
to comprehend the situation and apply
the remedies.
The remedies are already rising above
the horizon, and they are entirely suf-
ticient to restore liberty and universal
prosperity in which pauperism and tramps
will disappear. These CLEANS of day
break on our dark horizon are seven.
l. The naturalization Of the land by
small and progressive tax on land val
ues, which will not include anything pro-
duced by human labor. This will term
mate land speculation and land monopoly,
and emancipate labor by releasing land.
q Taxes on wealth absorbed from the |
commonwealth by speculative monopoly
and fraud, which will put an end to the |
race of millionaires. The land tax, the
income tax, and the tax on all large in
herltances, If vigorously pushed, will re-
store condition in which the millionaire
and the tramp will disappear. These
taxes are beginning to be tried in small |
way. The land tax is already proposed
in congress.
.. The resumption by the people OF
the money-making and banking powers,
which they have insanely surrendered to
the shy]ocks, who have robbed them of
many thousands of millions and used this
wealth to control and corrupt the gov
ernment.
4. The resumption by the people of
their own highways, which they have
with insane folly surrendered to railroad
corporations, which have become dang.
erous and corrupting power and burden
on industry.
5. The recognition Of moral principle
and justice as the governing power in
stead of physical force, by giving to
woman entire equality with man.
6. The assertion Of popular sovereign
ty by the system Of proportional represen-
tation, which protects the rights Of ALL,