The Black Hills union. [volume] (Rapid City, Pennington County, Dakota [S.D.]) 1889-1904, 1895-06-14
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EQUITABLE, FINANCIAL, COMMERCIAL Ann IN
DUsTRIAL SYSTEM.
PROPOSED BY A COWBOY
INTRODUCTION.

In presenting to the public the following new
system IN Finance, Commerce and Manufacture we
have endeavored to propose a plan by which the
various Reform Parties and Societies could unite
IN a common cause, and each secure the benefits
demanded by their resolutions and n1a+fornrs
while at the same time it 1nodifies the questions Of
protection and free trade, bringing cause and eff
feet close together and abolishing MANY offices
which will greatly disorganize the republican
and democratic parties. In finance it should satisfy
the Peoples Party as it gives a flexible currency
that would contract and expand in the exact de-
gree required in each locality, it should satisfy
prudent hnanclers as each bill of any denon1ina-
ton would be engraved and printed by the
government and be difficult to counterfeit, and
would be a certificate of that amount of wealth
actually deposited and the promise to redeem it at
any time in any kind of merchandise, also would
appease the greenbacker, as each note would have
the fat of the government behind it and would be
redeemed by taxation if necessary.
This system would enable the United States to
have a monetary standard Of it's own as money is
the handmade Of Commerce. Also would meet
the demand OF many organizations for a bank of
deposit OF absolute safety. In Commerce it
would be the substitute for the sub-treasury plank
of the Peoples Party platform performing the
main objects of that plan, while it eliminates the
feature of an enlarged political patronage and the
~unseemingly scramble after official position and ap-
preparations for warehouses;, etc., and other weak
points of said plan, also would abolish combines
and dealing in futures in grain, provisions and all
the necessaries of life now demanded by political
parties, patrons of Husbandry, Grange, Farmers
Alliance and many Labor organizations. Also
provide a court of arbitration for employees in
Commerce and Manufacture as demanded by the
knights of Labor. The laws of supply and de-
1nand are nov interpreted by individuals and
Boards of Trade who are INTERESTED PARTIES
in the transaction, this plan provides for interpre-
tation of said laws by a D1s1NTEREsTED ART
whose standard of value is the amount and quality
oflabor required to produce an article. The govern
nent being the wholesale purchaser and Judge of
the quality of articles, would answer the demand
for protection from all adulterated articles, and
would abolish many offices and boards of exarnin-
ers, etc., now employed by County, State and Ma
tional governments also by having the govern
ment certificate Of quality attached to all articles
would greatly enlarge our export trade, thereby
employing many laborers, which is now demanded
by a majority of the people in the United States.
Official statistics prove that the farmers of this
country do not receive the value of their labor ex-
pended when they sell their produce, hence do not
receive any interest on land value. This
system would enable the deciples of Henry
George to apply their principle 'that land is the
heritage of all the people by fixing the price of
products derived from the soil by the application
of labor thereto. Thus if the PRICE obtained by
a ti11er of the soil for an article derived from the
earth by applying his labor thereto exceeds the
amount of labor expended, such excess in price
would be interest on the value of the land as pro-
perty.
In advocating that the governments OF the var
ious political divisions be empowered to establish