The midland journal. (Rising Sun, Md.) 1885-1947, 1895-05-10
Friday, May IO, 1895.
Sound Honey.

A strictly sound money is money
that will maintain its purchasing
power with the least variation
through long term of years. A
money, which, when loaned, will not
increase in its purchasing power before
the day of payment of the loan comes
round. This is the money that would
not only be sound but just. The gold
money system is the most unjust of all
systems, and gold money becomes the
most unjust and in consequence of its
injustice the most unsound money in
the world, because it is always growing
less, gagged by the increased demand for
money by the increase in population and
business steadily going on The quantity
of gold in the world and the production
of the mines cannot begin to keep pace
with population and business. The con-
sequence is that a growing proportional
money scarcity makes the demand for it
greater and the price higher. Thus more
labor and its products are required to pay
debt some years hence than at the time
of its contraction. This is clearly unjust
to the creditor.
A distinctively American system of
finance is what the industrial class of this
country demands, and what, to insure
future prosperity to the people of this
country, they must have, pledging their
country and its vast resources to insure
the Sound" quality of their money, a
basis which represents an annual creation
asf more real wealth than all the gold in
gfreaworid. The value of any thing is
equal to the value of that which is pledged
to sustain it. The money of Our country
being pledged by law to purchase the
products of the country would represent
the intrinsic value of the products.
When we have established such fnan.
cia1 system silver and gold will cease to
be nsed as money in this country and be
virtually demonetized. The United States
legal tenders would then be at premium
over gold in every country in Europe, as
the credits of the Bank of Venice were for
hundreds years.
Look at the geographical position Of
our country, its natural resources of
wealth in soil, climate, minerals and
timber. In the very heart of the temper
ate zone, three thousand miles in extent
from east to west, and as far reaching
north and south washed by the two great
oceans, with half the railroads of the
world supplying it with the arteries of
trade and transportation the great
F'father of waters" forming a natural
canal through the centre of its territory.
Behold this unparalleled heritage OF
wealth and power and who would not
scorn the traitors that grovel at the feet OF
the Rothschild money power?
No nation was ever endowed with any
thing to compare with the natural wealth
of this country. If the people who want
to work had access to this latest wealth
they would develop five times as much OF
it as they are permitted to do under our
cramping, usury system of Hebrew
fnanciering.
In order to properly develop and make
the most of our natural heritage we needan
AMERICAN SYSTEM OF FINANCE,
controlled by Americans through and by
their government, indebendeDt Of all
other nations We can never obtain this
till the control of the government is
rescued from the Rothschild money
power which holds it in its right and
left hands, the Republican and Democrat
parties For this purpose the Peoples
party was ordained.