The Philipsburg mail. [volume] (Philipsburg, Mont.) 1887-current, 1894-06-21
Senator William M. Stewart
of Nevada.
he SPEAKS ON THAT SUBJECT
He Says There Is Nothing like Gan
traction of the Currency to En-
slave Men and Make Them
COwards Nations EnsIaved
by the Loss Of Money.

mines failed, then the world relapsed
into barbarism, says Senator W. M.
Stewart, of Nevada. During the 14OO
years when the $1,8O0,OOO,OO0 of the gold
and silver iii existence at the time of
| Augustus, was being reduced to $780,
100000, the darkness of the dark ages in
creased, and the proud Romans were be-
coming slaves.
I tell You there is nothing like con-
traction to enslave men. There is moth
ing like contracting their money to make
them towards. How often have I seen
in the mining camps such case as this:
A young man would come from the At
lantic states, full Of hope and yigor; he
would go out prospecting for mines of
gold and silver, and find none; he would
come in hungry; he would get credit for
a little while; by and by, his boarding
house keeper would tell him he must
pay or leave; in despair he would 20 out
ON the streets and try to get "grub
stake" as they call it, to prospect with;
he would fail: then he might with his
high hopes, go into the saloons, which
we're the only places where he could stop;
they were all open, as the saloons are
always IN the mining camps; he could
get no money; he would sometimes be
driven out from there into the streets
and kicked. Then, by some chance, he
would crawl back into the mountains and
strike a mlne. Then he would come into
town, himself again. He would stand
erect No man dared to insult him. He
would lay down his life for his honor.
He was man again; no longer poor,
cringing mortal, without dollar. He
was the bravest OF the brave. How often
have l seen such case as that? You
take any tramp, and you may kick him
from your door, But you put $500 in
his pocket and you dare not do it.
The mode of creating slavery by con-
traction, and taking money away from
the people is the most insidious method
imaginable. However brave man may
be, however independent he may be of
others, however much he may be willing
to defend his honor, you mortgage his
farm and leave his family dependent
upon him and his little children crying
for bread, and he will submit; he will
become slave Nations have been en-
slaved by loss Of money. Brave men be-
come slaves for their suffering families.
They will submit to any condition that
the money loaner may prescribe. They
will bow down and submit to anything.
That is the danger of this system of con-
traction going on to sap the courage of
Americans, and their manhood
It will make this people submissive, as
it made the brave Romans submissive.
Who would have thought, in tho time Of
with the Roman legions, before
whom the world trembled, and before
whom mono could stand, that within a
few generations they would be reduced
to serfs, to be sold with the land? IT did
not come at once. It came by degrees.
see now the greatest difference in
our people. Go out now among the far
mers. and you will see them meek and
submissive, trembling before the land
lords. We see the tenant farmers in
creasing at the rate Of 20 per cent, in
some states, in 10 years. We see the men,
who have had the spirit of this country,
being destroyed by the insidious enemy,
contraction. By the destruction of one
half Of the money of the world the debts
are doubled. Contraction is the only |
way by which brave people can be en-
slaved.
One thousand four hundred years OF
contraction, and then light broke in the
west The New World was dis
covered. The gold and silver from the
New World revived civilization in the
Old. When men got money they again /
asserted their rights, and their dormant !
energies, that had been crushed out by
contraction in Europe, were revived.
FROM SOUTH AFRICA.
Or. V9arru1nr Cnrra.nnndeuf Writes an |