The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1895-06-18

b. -s-- "UhJ SOhO SOLACSO PACSA
ann profess ors can never learn
at a combination of rich men can
tLonpe the purchasing power of the
|aTIar twenty five or fifty per cent. IN
oingIe day whenever they can get
o. Government to cooperate with
.bom by limiting the circulating me-
ANN. Every fool knows that Wnen
.na purchasing power of the dollar Is
hanged, the dollar is changed as a
%.udard of values. Il want to Dor
,ovantv five million dollars, said
[ c7nld to the New York bankers.
S11bat security have you got for so
.,,ob money" said they. THE best
- the world" said GCu'd. "Just lcck
tim in your banks and I'll pay the
forest on it." The country had just
noon mt on a gold basis-the circpla-
.ion was still further limited by
r,nId's conspiracy. The panic was
orecipitated-the want OF confluence
E.ovented the use of exchanges ana
ptbar partial substitutes for money
tho wreck of values was complete
Tho vandals gorged themselves with
otber peoples property and stocks,
then Gould and his co consplrators
sopped paying Interest on the Locked
m money-it was put back into clrcu
Iation and Gould made for his share
twenty million dollars This is an OBJ
loot lesson for fools in the invarlable
ness of the gold standard. But the
voung mans tape worm theory swal-
lowed I'D these facts and he himself Is
crawling intellectually and morally
thinner every day. Ihave read along
series of lies on finance from the pro
fossor of a certain western college
which had been endowed by rich men
and monopolists 1t is possible that
this college is the best investment
these men have ever made. / do hope
there is no rich benefactor in North
Carolina who has ever attempted to
color the policy of any institution with
his money. Butall in titutions should
be nut under the survilance of the PEG
pie and the prevailing theories of
money should have a fair chance and
if the gold monopoly is preferred at
any in 3titution then the fact should
be thoroughly advertised so that no,
body need be caught unawares. Youth
is the seed time of life, and if the Cos
pei of greed is sown in his mind you
will reap a wilderness of an archy lat7r
on. All dead governments have been
wrecked by greed, monopoly, con
traction, followed by unrest, anarchy
and revolution. The love of money is
the root of all evil. Covetuosness is
idOlatry. The scarcer money is the
more desperate men are to get it. The
lstfor gold is the most debasing and
binding of all lusts.
The fight for honest money, free
silver and gold and a plenty of paper
currency is not won, nor are it's
difficulties very we'll understood.
In 1892 the West held out it's hands
Othe South to join in a war against
Wall street and Cleveland. The S yuth
fell down and Worsaiped the party
fetch.
In 1894 The West went back into the
Republican party, discouraged after
having been betrayed. In 1896 Wall
street will adopt one or two courses.
l. If the party idol is broken in the
bmlnds of fools it will unite the dupes
and tools OF the gold monopoly in one
party. 2. IT the party idol is not
I smashed and the party tom-tom beat
and sand doctors can stir up the pee
Pie as usual with party spirit, Wall
street will quietly control, as usual, the
great party conventions-will own
Ootn party candidates-though com
promise men will write the platforms
a sham battle will be inaugurated
which Is usually called political
campaign, fools will align themselves
according to their prejudices, mer-
Vsnary men according to their sup
posed interests, After a campaign of
lies aid villlfcation one of Wall
S~'reets's candidates will be elected and
zoos who whirled till they are d. INK
nthe maelstrom of practical politics
VIII emerge believing they have ad
'4nced thousands of miles On the road
OF progress and reform.
Even II the party fetch is dethroned
@that men can even begin to consider
Political questions in their true light.
TIE gold monopolists will have a fair
ehance Of carrying every Southern
S'ate which has a city of one hundred
Ll0lsGnl L. 10 hiEnnta N nnnrn ! na