People's voice. [volume] (Wellington, Sumner County, Kansas) 1890-1917, 1894-02-02

say Denver 10 New orleans. Inc
necessity for a direct line between
those cities has long been apparent.
1t will bring wealth and higher civili-
zation to large tracts of fertile lands,
awaiting markets for their products.
But A has not got the necessary
money to build the road. He goes to
the money lenders They say to him:
The enterprise seems 10 be a good one
and we will recommend that loan
sufficient to build it shall be made at
once.
A week or ten days later the mat
ter has been placed before the money
owners in Threadneedle street, Lon
don. They decide to make the loan
and exchange for the sum of $4,000
900 is made on New York. Then the
D. & N. o. Railway company is or
gained and the work Of surveying
the route is begun. Bonuses are
sought from every section penetrated,
and in many cases are obtained. Say
from the bonuses the sum of S., 900, 900
is obtained, That means a profit of
some 50 per cent for the money own
ers, 'the first crack out of
the box" The road is rapidly
pushed on to completion. By reason
Of the traffic it becomes highly
profitable enterprise, and the first
year earns a dividend of say Is per
cent on an investment say of 5,OOO,-
GOO. So we find that the first years
profits Us per cent on S15,OOO,OOO
equals s1,5OO,COO) are shipped to Eng
land. The process is continued year
after year, and as a result the country
is being drained of its money by the
interest sharks of London and their
New York agents. Nearly every rail
road corporation in this country to-
day is sending millions of dollars in
interest annually to England, and it
is no wonder that money is now as
scarce as it is. 1t will grow worse so
long as our present English financial
system remains. All cur footing of
horns every Fourth of July and our
orations about the United States as a
nation, must remain meaningless until
this money question is settled until
America is perfectly independent of
England. Now we are no more an
Independent nation than we were in
1850 when our forefathers began to
kick about paltry tax on tea When
to-day we take into consideration the
fact that the tea tax of 1776 is but a
bagatelIe compared with the gold tax
of 1894, we may well sigh for the true
spirit of American patriotism which
seems to have died with our fore
fathers
Now If our financial legislation wa:
only so adjusted that it would be un'
necessary to borrow money, with
whirh to build our railroads and carry
on other industries, from the Londor
sharks, our annual tribute to England
would cease. What we need is cur
rency safe, sound and flexible, with {
true national character, issued with
out reference to its relations to tn,
money of other countries. If othel
countries must take our products, they
must also accept our money TO
theirs, no matter whether it i
gold, silver or paper. For if it will
pay internal debts it will also pay To-
what foreigners wish to buy of US
They will, therefore, manage to keel
big supply of it on hand for the pur
pose of paying for American pur
chases. So any proposition OF settling
the money question by means of inter
national arbitration should be frowne,
upon. The plain people of this coun
try know what they want and the,
don't feel like going into council
with foreign monarchies for furthe
knowledge of that want
Silver as a money of ultimate re
demption Gf there is any such thin
as ultimate redemption) is just a
good as gold. 1t is better than gol
because we have more of it than gold
The law which fixes the value OF a
ounce purchasing power of gold ca
also fix the value purchasing power
of silver dollar, or of paper dollar
There is necessarily the fat Of govern
ment in every dollar, be it gold, si
yer or paper, and as passes for
hand to hand, paying debts as it goeI
the thought of its intrinsic wort
never costs its receivers though
They merely take 1t, whether it
gold, silver or paper, for what it wi
pay for. But as metallic money hi
been the money of history, the futul
financial policy of the United Stat,
will necessarily embrace METAL
money without discriminating in f
vor of any particular metal heretofoI
used for money purposes. The n
tional platform Of the peoples par
adopted at Omaha July 4, 1s92, is Il
nearest approach to justice ever ma
nv nolitical marty in til