The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-08-31
HOUSTON MONDAY MORNING. AUGUST 81 1890

population which handles exclusively cold
vnsh or us equivalents. He ignores COM
ntseteiy the existence OF all other citizens
OF this grand union of commemorative
save the existence of those who directly
or indirectly derive monetary Incomes
from profits made by the sale OF products
opnyious of the fundamental fact that
indrketablo products have first to he pro-
Uuced and then ind customers. be- ore
they can yield profits TO non. producers
thc vast majority of producers iud con-
suners are farmers. The senator 10y
uehling exclusively with the monetary
pronts extracted from industry. ard their
Ws,ribution among non-prodIccrs. has OBJ
Nlously lost sight of the busy snbstratum
OF human fellow-heings, who. by their
nnrcmii,ing toll produce the stun nom
which pronts are derived.
me grand army OF productive workers
me so-called masses, or common people,
nave ever been to the plutocrat mere
part OF the machinery by means OF which
monetary profits are made. This state
OF lhinss reaches it's climax In countries
Where large Land holders and the stock
nnl pond holders Of Industrial enterprises
nave succeeded in making wage slaves of
the agricultural population as well as of
the factory lah0rers.
In t'nsNld the manufacturing interest
- paramount. II commands the markets
of the world. and seeks its consumers in
an cl'ines. The wealth of England is
extracted mainly from foreisners. we our
serves con 'ricuousiy among the rest.
with us. on the contrary. the farming
interest is paramount. What foreign mar
ke's we command is through our farm
products. our manufacturing Is almost
entirely dependent on home consumption
OF lis goods The returns 10 capltalisiic
Investments are yielded almost exclusively
by home industry.
From these given conditions IT follows
inevitably that II our farming population
realizes from It's marketable produce, after
paying taxes 10 the State and debt
tribute to The money power barely enough
To supply themselves with the most press
ing neressarcs OF life, then nothing In
me world can prevent the collapse OF
NE top-helVy supcrs'ructure raised ON
farming Imagine for moment that
our farmers. disSustcd with the unprohta-
bic returns for their marketable produce,
/ determined to cease producing altogether.
resolving to live exclusively on what
would Ice speedily reduced 10 starvatiou-
capitalists, pensioners, aunuitants. wage
earners and all all factories would have
10 close; all stocks and bonds would cease
To yield interest. the state administration
would come 10 standstill schools and
churches would he destroyed. In fine
civilization in ali its phases would perish
Tor want OF that llfe-blood now supplied
by the surplus produce Of farms and the
profits realized from lis sale
This being undoniahly so. 1t Is not mere
/ ly matter of democratic Justice to tie.
/ producers, but moreover one Of urgent
| National policy to secure profitable prices
/ TO farm produce. 1t has been conclusiVcly
| proved aud II is indeed an arith-
metical truth. that the decentralization OF
! liver ana consequent increase of thu.
/ purchasing power of gold. has lowered
more and more tho price OF the farmers
lnarkoiahle produce rendering him unable
10 neoomc consumer on considerable
| scale. Thus not over production. as Sen
| ator sherman maintains, is the srourEc
| aHecting our economic system, hut uu-
der consumption on the part of the vast
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