The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1894-02-27

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his efforts to prevent any further issue
and hope the Supreme Council will en-
dorse that action. l have no hope that
any protest Of ours will avail to avert
the issue of more bonds, for there never
was a more determined, obstinate,
mercile8s autocrat on a despot's throne
than he who now rules with an iron
hand at Washington; and there never
was a more plant, servile body Of al
legged representatives. of the people than
thosenow assembled to do his will. We
can and should enter u solemn pro-
test against the crime to be committed.
We should emblazon on u banners
no more bonds forever, and wage an
~unceasing warfare on every man who
will record his vote for more bonds and
bury under an avalanche of votes any
political party f~avoring such a propo-
sition.
THAT ONE PLANK IDEA
We have had much advice Of late
looking towards reducing the number
Of our demands to one. I am utterly
opposed to the elimination of a single
demand. To make a contest on the one
plank of free coinage of silver would
be entirely too narrow fore progressive
organization. Oar bimetallic friends
are very persistent in their claim that
free coinage Of silver is the paramount
issue. They think our other demands
are impracticable or of very little con
8 >quence. If that be true then the i'm
practicable ones will fall of their own
weight, aud those of little consequence
can do but little harm. I venture the
assertion that few of them ever voted
for a political party whose platform
did not contain one or more planks
which they thought ''impracticable or
of little consequence" If they are not
willing to be as considerate with us
who are earnestly lighting for what
they deem the paramount issue, as
they have been with those who have
been fighting it; then we have come to
1.-The parting of the ways" that il, we
will keep right on; they must do the
parting. We can accomplish our OBJ
jects in other waye, they cannot We
look upon free coinage as but one step
in advance. The first fort to capture,
al it were. They think it is strongly
intrenched. In front it is, but we be-
lieve that in our Sub Treasury plan we
cleared the way for a flank movement
that will enable US to capture the cita-
del without that outpost We cannot
afford to risk ell on silver. To stop
there, 30 far as we are concerned would
result in a continuing contract IN of cur
rency. At present the Secretary of the
Treasury claims a per capita of about
$25. Of course we know this showing
is badly padded, but let that pass.
Limit u money to gold and silver and
it is only a question of time when the
worlds competition for it will compel
a worlds division of it. The popula-
ton Of the nations using gold and silver
now being about 1850, 000, 900 and the
worlds gold and silver being about 81
600, 600, 600, the per capita would be
less than Sc, or less than o%ne-fourth Of
our present per capita. We favor free
coinage of silver for three reasons; first,
for the purpose of increasing the vol
ume of money in circulation. This can
be accomplished with legal tender
money quite as well. Second, to in
rease the price of silver bullion for
coinage purposes in those silver stand
ard countries which compete with us
in the markets of the world; the same
purpose can be accomplished by in
creasing the volume of money here
Ceased on land and the non perishable
products of labor enabling the idle to
resume work, creating a demand for
more labor and such a demand for the
products of labor as will avoid the ne
cessity of competing in the markets of
the world; in other words, it will give
US the "home market promised for
the last 30 years but receding in reali-
cation annually as the promises piled
mountain high. Third, to encourage
American industry. As shown pre-
viously, the demand for labor in other
industries will be so great and so much
more attractive that the impoverished
nations of the world who must have
our gold and silver will have to import
their own pauper labor to mine it.
MONEY OF THE
The more l consider the claim of the
money power as voiced by their repre-
Sentative, Secretary Carlisle, at their
banquet in New York that we must
have a money good enough for use in