Kansas agitator. [volume] (Garnett, Kan.) 1890-1905, 1895-05-31
REFORM PRESS.
Star and Kansan. :

Il
presidential chair man whom the
people had rejected. But there re-
NAMED a lower depth which 1t
reached last Monday in its 8 to 4
decision that the poverty of the
country must pay the taxes to pro-
tect its wealth.
Secretary Carlisle in his Coving-
ton speech repeats the falseho0a
that from 1888 until 1878 there
were no silver dollars in circulation
in this country. l remember well
when in the ffties grain buyer
paid my father for lot of stun he
had bought, seeing the dining room
table filled with piles OF silver dol
lars. But then no one ever knew
an advocate of the gold standard
to confine himself to the truth.
Yesterday there was another rush
of thousands OF home-hungry peo'
ple down in the Kickapoo reserva'
ton, to get some six hundred claims.
And there is plenty of better land
in Kansas, in the territory and all
through the west that is not being
cultivstsd or made use OF in any
way Land monopoly is what is
deriving the people of the oppor-
tunity to get homes. No man
ought to be allowed to have any
more land than he can use. 10
hold it for speculation is to rob the
community of the values it creates
They are still preaching-the
sound money fellows-that there
never was a time before when a
dollar would buy as much as it Will
now. That is very true, as you
find when you try to sell the pro-
ducts of your farms. And there
never was a time when it took SO
much hard labor to make dollar to
nav on the mortgage, either. A
dear dollar is the rich mans delight,
but the poor mans misfortune
Whenever in the history OF the
world money has been growing
dearer, times have been hard and
business stagnant. 1t takes cheap
money. not dear money, to set the
wheels of industry in motion, give
employment to labor and create an
active demand for everything you
have to sell.
You remember. perhaps, what
"good times" we had here in Kan
sas in the eighties, when loan Of
fees abounded everywhere and east
ern capital was flowing into the
state in a golden stream, seeking
investment. saw the same thing
in Colorado, in 1890, when sand
lots in an alkali desert, out OF sight
of town, were being sold to eastern
suckers as choice residence prop
erty, and the real estate agent was
living like a lord. You and l
know what followed. When the
supply of borrowed capital was cut
off it seemed as if the day of judg-
ment had come-as a day of judg-
ment does come for all commercial
and financial transgression. The
borrower lives in a FOOLS para
disc. Pay day comes, and then
it is a case OF paradise lost.
You all know how it is. No sub
stantial prosperity can be built on
borrowed capital and big interest
payments. l could not help think
ing of all this when ! read last
week that $50, 900, 900 had been re-
ceived from England in the previo ms
seven days for investment in Amer
lean bonds and securities and at
the same time saw what the CON-
mercial agencies aud the daily pa
pers had to say about revival OF
business, and better times. 1t is
only borrowers prosperity that we
can get by selling England our
bonds and mortgages. 1t is all
smooth sailing while we are spend
ing the money we get; but when 1t
is gone and the interest payments
begin to come due, it is like re-
covering from a debauch. Take no
stock in good times bought with
endless debt. They are indeed the