The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-04-10
ID ;VOU KING INTEREST.
The Consumer OF Nations.

significant notes. The first is:
To the Editor:
The tax payers of Alden township,
freeborn county, Minnesota, would
like to know the way out of bonded
slavery. In 1869 this township issued
$4,000 in bonds to RAILROAD COM
pany; it has paid over S26, 900 in inter
est upon the bonds; no part of the
principal has been paid At the time
OF issuing the bonds 1900 bushels of
wheat would have paid the bonds; at
this time it would take over 10000
bushels to pay the bonds. Isit usury?
A. T. D. AUSTIN.
Alden, March II, '95.
This is striking instance of the
working of INTEREST" $4,000 Dor
rowed: S26, 900 paid, and still they owe
$1,000! And in twenty-six years more
they will have paid $4,000 and still
owe $4,000! If 1000 citizens in 1869 had
pledged $1,000 days works they would
have paid them in two weeks and
three days, and then owed nothing.
Labor is natural and unlimited, money
is artificial and rendered artifcially
scarce; and interest" is the invention
of the devil to make slaves of human
beings. Debt is more to be dreaded
than cholera, small pox and consump-
tion.
Mr.. Austin's second note is as fol-
lows:
Just 1855 years ago the following
law was proclaimed: Then shalt thou
cause the trumpet of the jubilee to
sound on the tenth day of the seventh
month in the day of atonement, shall
make the trumpet sound through
out all your land. And We shall hallow
the fifteenth year and proclaim lib
erty unto all the inha bitants through
out the land
Now, therefore, be it Resolved, by
the readers of THE REPREsENrATIvE,
and all other good pee le,-that on the
fourth day of the seventh month, A.
ID. 1898, the jubilee trumpet shall be
sounded throughout all our land and
that bond and interest-slavery shall
forever cease between citizens of our
country"
Very good, Brother Austin. But
who is going to pay any attention to
the proclamation? The Money-power
would steal your trumpet before you
could blow single "toot." The great
poet says:
You may call up spirits from the vastly
But viii they Gomez"
There's the rub. How much respect
would the Rothschilds have for this
ancient law Of their ancestors? Fancy
them burning their bonds and mort
cages! And the Christian million
aires wonld be every whit as greedy as
the Jews.
You cannot change human nature.
1t is extortionate and cruel in all races
and all ages. Eut the scarcer is the
money supply the greater power have
those who possess it,; while an abund-
ant supply lessons the rate of interest
and produces such prosperity that the
debtor is easily able to pay principal
and interest.
The whole condition Of man, moral,
physical and mental, depends ulti-
mately upon the abundance of that
mepium, called money, which ena-
bles one man to exchange the prod
ucts of his labor for the products of
the labor of all other men.
To realize the truth of this, suppose
all money Of all kinds was destroyed:
then try to realize, in your imagina-
ton, the results. We would have an
awkward and almost impossible sys-
tenn of barter. The workman would
have to hire wagon to haul home his
weeks wages; and spend the next
week swapping them off for what he
wanted. The merchant would have
to ship wheat, corn, beef and potat toes
to the eastern importer and manufac-
turer to pay his bill. The newspapers
would all stop, (perhaps not an I'M
mixed eviD, for it would not pay to
send 81 OF products 100 or 500 miles.
In fact the embarrassments to human
intercourse would be so great that
commerce and civilization would both
end.
Every step toward contraction of
nations currency below proper level
is an approximation towards the con-
dition of no currency at ALL You take
all the blood out of a man and he dies;
you take half of it and he is power.
less; you take one-tenth of it and he
is correspondence weak.
The way to get out of the present
terrible conditions which Cypress
mankind is to cd ucate the people into
knowledge of the fundamental laws
on which their happiness depends.
The bulk of mankind are honest and
mean to do right, but they are blinded
by false teachers, hired by those who
profit from the lack of knowledge
Nothing is so profita BILE as ignorance
to the other fellow. Keep the null
titude dull if you would build up great
fortunes. Universal Intelligence means
universal prosperity. II all men were
wise no man would be poor.
Educate! Educate!
God said when he began the crea-
tion:-"Let there be light" But to
maintain liberty and justice and hui
man happiness you must have light
all the time.
POPULIST VICTORIES.