The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-12-11
YES, WHY Do We NOT?

Continued from First Page.)
Certainly it is their duty to make
needed supply. We point to the evil
dence and ask. has our government
furnished us necessary supply? Now
why has it not done so? Thousands of
unemployed people, low wages, low
prices in farm products, decreasing
prices of land, attest the fact that it
does not benefit the farmer, but it in
jures him.
Then this legislation has not been
in the interest Of the farmer and the
laborer. Let us see whom it benefits.
Suppose under the larger circulation
the laborer has saved $1,000. We can
remember the time when he could do
this with few years labor.
Suppose he invests this in $1,000
home, we will say. That would not
be perilous venture, with good wages
and good prices for his products
With good prospects he feels quite
safe in making such an investment
and so he places mortgages of $1,000
on the home.
GETS IN SHYLOCK'S GRIP.
Now comes the sequel. The money
is contracted to One-half it's volume.
A days labor brings but one-half as
much as before. 1t is the same with
everything he produces But the rate
of interest and taxes remains the
same. In reality it is doubled be-
cause it requires double the labor,
double the amount of products to bny
dollar as it did when the debt was
contracted. And so it is with the
mortgage. In reality it is doubled Out
Of what he receives for his toll he can
barely support his family. Business
lags-buSinesS always does when mon
ey is scarce, and he may be thrown out
Of employment entirely. All this
time the mortgage holder is saying,
Look at the tariff. 1t is all on &C
count of the tariff" l wonder why he
tells him that?
MORTGAGE TOO MUCH FOR HIM.
He cannot pay the mortgage when
due and so his home is offered for sale
at public outcry on the north steps Of
the court house at clock p. M, Sat-
urday the 2lst, we will say, In such
hard times it sells for just enough to
pay the mortgage. 1t is sold to the
highest bidder-the money-lender;and
the interest and taxes he has paid on
it. the improvements he may have
placed upon it, goes into the hands of
the mOney-lender.
Now, may l ask. does this condition
of affairs ever happen in New Eng
land? Here in Ohio it is
NOT DREAM
1t is almost a daily reality. We
learn by this that all our financial leg
islation has been in the interest Of
the rich, the money-lenders, while it
has practically robbed that larger.
and better class of our people, the pro-
ducerS.
Perhaps you take exception to that
word robbed" but the term holds
good. There are two ways by which
we may be rObbed-one a lawful
means the other an unlawful means.
To contract the currency is simply
LOCALIZED STEALING.
Can this be why tho money-lenders
contend for scarce money-an "hon.
est money as they choose to call it?
And is dollar an honest dollar that
robs our great army or producers and
laborers for the benefit Of a favored
few, who are simply the drones of the
hive? A dollar which dictates low
prices in land and products, low
wages which means misery, poverty
restitution, is not an honest" dollar.
The term "honest" sounds we'll. 1t
may catch the superficial mind, but it
lacks prefix. There is a sentiment
largely prevalent in New England to
maintain the present system.
sHYLOCK GRINs
Whenever our public serva Mt forgets
the interest of our people and prates