Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1896-11-26

for every one they had laid down
would breed revolt on the part of
the taxpayer, but all my fears were
speedily removed. l found that the |
common people could not be made to
look below the surface. So, under the |
spacious pleas of supporting the nation
al credit and preserving the nations
honor uusullied, have been able to
qua1ruple the purchasing power of
the money in the hands of my friends,
so that twill now take more wheat,
corn. cotton and pork, ETC.. to pay the
national debt than it would have done
at the time of its creation, although
apparently two-thirds of it. as meas
ured in dollars, have been paid. As
in fractions, when you reduce the size
of the denominator and increase the
size of the uumerator you may increase
the value of the fraction. In the same
manner / have. while reducing the
number of dollars in the national debt,
so increased their value that the debt
is larger to-day than at the time it was
created, and the same thing is true of
every other debt in the land.
The advancement in physical science
has assisted me greatly. In the days
OF Andrew Jackson, Chat man Of evil
memory the Nations were isolated.
Ny friends in England could aid my
friends in the United States only with
the greatest difficulty. To-day the
money centres of the old and new
worlds are in speaking distance of each
other. In the last campaign my SER
wants IN London, Berlin, Paris and
Vienna were able to give the cause of
sound money in this country substan-
tial aid. Money was poured into the
| Republican campaign fund until it
could no longer be used to advantage.
My friends in Europe who own a terri
| tory in this country larger than the
State of Iowa, were thus enabled to
pEOLSCb IuSlI lbISicstS duu COuCIbuo
| to draw from their tenants a dollar
whose purchasing power constantly in
the immense advantage l have in be-
/ ing able to use the centralized money
power of the world against separate
Nations. am able not only to con-
solidate my own forces, but to divide
and defeat in detail those opposed to
me for own all telegraph lines, rail-
roads and other means of communica-
ton which l do not hesitate to use to
my own advantage.
Again every labor-saving machine
| invented displaces from three to TWEEN
| ty-fve men or more which crowds the
labor market already overcrowded.
These NEE must work or starve or join
the criminal classes. | command the
worlds money-that which pays labor.
l say to them, ''do my bidding, or go
hungry" and, lo!, my bidding is done,
|
done at last election. l have a halter
about the necks of three-ffths of the
working men in the world and can
choke them to death when / please.
Twenty-Five of my servants can make
panic in forty-eight hours if they de-
sire to do so, can stop the wheels of
commerce when they choose; yet, If
any man attempts to take this power
| from them l have but to yell, lamar
chy," and that man is lost man.
One hundred years ago an exhibit
ton of so much power On my part
would have been ruinous. The coun-
try would have taken up arms. The
fathers of the Republic would have de-
stroyed my institutions root and
branch. In Jackson's day they over
threw the United States bank, which,
compared with the present National
banking system, was a very feeble in
institution. To-day anything do is
taken as a matter of course. When /
want any piece of legislation enacted
/ have but to frown and threaten a
panic and it is done. In the last cam
paign l threatened from my place in
London, dire disaster to this nation if
the people should elect Bryan and en-
dorse the Chicago platform. Instead
of it being used as a note of resistance,
as it would have been century ago, it
was used as an argument in favor of
submitting TO my will.
The people are thoroughly imbued
with the idea that nothing can stand
against the power of money. So long
as they can be made to believe this
nothing can stand against the power
of money.
1t often is a matter of regret to me
that L have no power to laugh. When
| would see a coal oil king. a factory
lord. or a coal or iron baron pleading
for protection, in order that he may
employ American labor and furnish a
home market, and then when he gets
the protection he wants. to see him