The Louisiana populist. [volume] (Natchitoches, Natchitoches Parish, La.) 1894-1898, 1895-02-15
TRUE PROTECTION.

It Is Not PA.per LAssr. b.t Us.rious RAtes
OF Interest We NssA Prsesstis. From.
1t Il clear as the sun st neoAday the
protective policy" is = das failure:
The people have been Aippiig down
for twenty pears. Every year prices
dropped with no rally. Move were
added 70 the ranks Of idleaesa The
smaller middle nsa kept dropping out
and the larger business houses con.
tributed ts the pages It Bradstreet's
and Dunn Il CA's lls& Of iAscivencieA
Nine millions q no<tyagss covered
the farms and homes Of tie Struggling
middle class, and the shsriA's ana auo-
tioneer's cry and hamnsr sounded
louder each succeeding ysas. Bat why
dwell longer to depict the wretchod
condition that all realise ~ the end OF
thirty years. Whatever nay net be
proven Is the cause ~ the wretshed
plight the nation finds itself In, there
Is one fact too potent to be denied,
which is that tariff proteetion doesn't
protect.
Can We find an economic system that
will protect? We believe such . sys
tenn il sttainable, and that syxtsm Is
moro money and free money. Tho
wealth of natisn consists in the prod
ucts of honest labor. Labor cannot be
employed without money In safticisnt
quantity 10 pay labor. Eor saa tho
employers Of labor afford ~ extend
business to It's stmost uaiess the drain
Of usury or interest on the money can
be avoided. Those vhs empiey largo
numbers Of hands--grest manafactur-
ing esta blishnsnts and other lines OF
industry-must depend On borrowing
large sums Of money. II this money
costs them high rates Of interest, they
are handicapped. And this has been
the greatest drawback TO cur manu-
facturers. European manufacturers
get their money for and 3 per cent.
/ Our manufacturers have had to pay 9
per cent. and upwards. And this is a
point which needs protecting in every
| line Of our industries When eur hnan-
cial system is taken out Of private
hands and the trade in money is abol-
ished by the government furnishing
q sufficient quantity Of money to
transact the ever increasing volume Of
business and supply the constantly in
creasing population, and enables tho
industry of the country to have ths
use of money at bare cost Of the cler-
ical force necessary to It's proper and
efficient handling, which must bo
through government banks, then every
tariff law nay or might 10 repealed,
and our enterpsising people pitted
against the world will lead the world.
With free money to keep free men
employed our manufacturers sou1d out
strip every nati0a On earth, and the
inconcsivable updsvelsped resources
which now lie dormant in this country
would be developed In such fabulous
quantities as No nation or people had
ever experienced or even dreamed OF
Every pound of food our farmers could
produce would bs consumed by our
own people American vessels would
sail every sea, carrying orr products To
the remotsst corners Of the earth.
The protection our roanufacturers
and peopls.went II meney in sufficient
quantity TO doat the business that
would grow under It's stimulating in.
fuenco As tropical plant, and the pre-.
lection Of that money from the greedy
hands of the usurer. Protection from
the usurer is the only protection our
manufacturers need to enable them I'd
defy the world In Ave years our debts
would be wiped out and Great Britain
with her Jewish vampires would drop
back as a second power when her $500, :
100000 annual profits and interest
ceased flowing from our borders. Give
us a money protective policy, and tariff
protection, like physic, might 'be
thrown to the dogs-Midland Journal.