The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1896-01-21

now. Granted. Restore it to it's right
full place as q money metal and begin
the coinage of it and see how quickly
it will jump t topaz. Diamonds are very
precious, very valuable. Gut off the
demand for them. legislate against
them, restrict them, and you will soon
see the price down one half, or in pro
portion to the call for them.
But we do favor fiat money, if it is
needed. The government, by order of
Cleveland, has issued, or will have by
the 5bn of February, 1862 600, 600 worth
of bonds in a little over twelve months.
They are as much fat as anything pos
sibly can be, yet the Landmark and
other goldbug sheets say not a word
against them. The government could
have issued 1862, 900, 900 in currency
just as we'll, or three times the amount,
if necessary, and it would have been
far better for the people and for the
government, for the currency would
have been non interest bearing, and
could have been redeemable in { coin, "
which is the law now in regard to
treasury notes, and which means gold
or silver, though that arch traitor Car
Isle constructs it to mean gold. Such
a course would have opened the way
for the free and unlimited coinage of
silver at once, though no further eX-
cuse is needed. The government would
have been its own creditor. As it nc W
stands RothschiIds and his kind are the
the creditors.
But the Landmark and other news
papers that allow the bankers syndi-
cate to do their thinking for them, can't
see why we need money to do the bust
ness of the country. We need it just
as much as the Landmark needs a GER
tain amount of ink to print an issue of
the paper. One pound of ink will print
some papers, but 500 the roller will be
dry. TIE Landmark will exclaim:
why, there is plenty of money. 1t
can be borrowed in New York at 3 per
cent" Sarne way about fire. There is
plenty of fire in hades, but it doesn't
keep the Landmark office warm, for
that paper has to call on its wood sub
scribers to Whack up every winter.
That brings up the question of legisla-
ton to put down monopolies and pre-
vent as far as possible the congestion
of money in certain localities. All the
monopolies have headquarters in New
York, hence the quantity Of money
there, while there Is next to none in
many other localities. But if all the
money in New York and the other CEN
tres was scattered around it would not
be more than a hundred drops of rain
to the county during a disastrous
drouth. We need silver coinage, cur
rency printing, and effective anti mo
nopoly laws, which, of course, includes
banks, the greatest monopoly on earth.
We are not communists, and do not eX-
pect the monopolIsts to divide up their
i'll gotten gains, but as sensible, reason
able people, we want more money put
in circulation to take the place of what
was once in circulation, money that
will stay in circulation, money that
will not be boarded, for the gold has
always been boarded, and is never in
circulation to any great extent. If no
other argument were needed, the fact
that the population of the United States
has nearly doubled in the past 80 years,
ought to be a suffi Gent reason for in
creasing the circulation. If we have
not madeit plain enough, will b~epleased
to try to Wer any questions the
Landmark may wish to PROFOUND.