The Louisiana populist. [volume] (Natchitoches, Natchitoches Parish, La.) 1894-1898, 1895-02-22
There is free Country. Unless the People Rule


CidScco 10 SihiPiy ehO A"SOcJ |
of the goldbug. 1t is only anoth-
or way of saying that the process
by which property is now being
transferred from the producers and
borrowers to the capitelists and
lending classes would come to an
end. 1t is only another way of
saying that the single gold stand
ard does unjustly transfer proper
ty from the producers to the money
sharks, and that if the silver stand
ard were adopted this transfer
would not only cease, but the pro-
ducers and borrowers would be
able, by means of higher prices
and the higher debt-paying power
of products, to recover a good
part of the substance of which
they have been unjustly robbed by |
the operations of the single gold
standard.
The statement of so high an au-
thority as the London Statist that
the silver standard "wOuld be of
immense advantage to the people
of the west and south, and would
prove a serious loss to the eastern
states and to Europe" is only
roundabout way of saying that the
operations OF the single gold stand
ard involves an immense loss to the
people OF the south and west, and
a corresponding gain to the east
ern states and to Europe.
Under those circumstances it is
not only amazing but absolutely
disheartening to find newspapers
in the south not only willing but
eager to sacrifice the interest OF
the people who nourish and sup
port them to the interest of the
east and of Europe. We presume
that never before in the history OF
the world has such a spectacle been
offered for Thoughtful men to gaze
upon and weep over. The news
papers of the east are practically
solid in supporting a monetary sys
, TEN which rObs the producers o.
the south and west, and enriche'
. the eastern states and Europe, bu'
in the south, wherever q newspa
per is published next door to
, bank, or whenever 1t has official o.
+ semi-Oficial connection with th'
: administration (which has desertet
, both its party and its principles tt
, promote the greed of the east) sucl
a newspaper will be found advoca
ting the continued robbery of tn
people who support and maintain il
: For many reasons The Constitu
: ton is glad that so high an author
! ity as The Statist has made thi
matter so clear. What it calls I"
4 transfer of property" would in re
: atty be a retrausfer. The transfe
d has already taken place in tn
shape of falling prices and shrink
: ing values, as compared with tn
Z increased purchasing power Q
n money in,the hands Of the easter
capitalists. The retransfer, whic
g would only be simple act Of jus
!, tice, long delayed, would take plac
. by means of higher prices, enlarG
q ed values and the low er purchasin
}. power Of money.
,, But, in the end-nay almost in
= mediately-this retransfer woul
, benefit all classes of all sections b
|, increasing business of all kinds, b
/, promoting new investments of a
/ kinds and enlarging old ones, an
!, = by restoring prosperity to all class
= = es and to all sections. The Stats
" goes on to say that the west an
1t the south care perfectly right
the view that change in the pre-
!, ent system would benefit their 90
- tions of the nation" We 60 fu
a ther than this and contend that b
c. removing the present depressio
l. and restoring property it will be-
ID e the people of the whole cou
t' with the exception Of . fe
y hundred money sharks in Ws