The Louisiana populist., 1897-03-12

tht "oEius
Rev. D. Oglesby in Chicago Express:
A true system of money would secure
a just exchange Of the products of la
Dor. But the money systems of the
world are perverted, and money is
made the instrument to rob and en-
slave labor. 1t is SO perverted that 1t
places the cart before the horse. 1g-
noring the fact that labor fixes and
regulates prices of all property to be
exchanged, money is made to usurp
the place of labor, and it becomes mas
ter instead Of servant. 1t sets and reg
ulates prices Of everything on earth,
OF money too, when as a matter OF fact
it is nothing but the price OF property
itself. We read of money being
cheap" or dear" an "easy money
market" a tight money market" etc.
Money, true money, bears similar re-
lation to property that the yard stick
does to bolt of cloth, or the survey
cr's chain to a tract OF land.
The yard stick does not make the
bolt Of cloth longer or shorter, but is
used to ascertain its actual length. So
the surveyors chain is used toascertain
the boundary Of tract Of land, not
to change the area. If the chain was
made of rubber the quarter section
might be made to contain 1000 acres
instead of $40; just as our rubber sys-
TEN OF money makes the farmers
wheat sometimes $3.50 per bushel and
sometimes so cents; or the laborer's
day Of work sometimes $500 and some
times s1.OO, all of which is accom-
plished by expanding or contracting
the volume OF money in the country.
1t is a wicked perversion OF money
to give it such power.
1t makes it the master and enslaves
the toilers.
This perversion of money is based
on the false idea that money is proper
ty; that it possesses intrinsic value.
1t is even recognized as not only
property, but elevated above all prop
erty.
/. This idea gives rise to class OF
money-mongers- who deal In
money. Money is not made to deal IN,
but to do business with.
g. This property idea Is the basis on
which usury or interest stands. There
is no other foundation for interest to
stand on but this false property claim.
3. This property idea is the source OF
all debt. Debts are made to draw In
terest. and for no other purpose.
4. Interest, rents, and profits, all
spring out of this same prolific soil
property money-because If the wealth
producer always received the actual
value for his product there would be no
ground for profits; only compensation
| for labor.
5. This property idea of money
causes it to be boarded and the volume
contracted so as to make their prop
erty (money) more valuable than all
other property.
/ 6. This produces panics and hard
times, causing all prices to shrink,
banks to fail, business houses are
ruined and business paralyzed.
q. This property fallacy is the foun-
dation for the theory OF redeeming one
| kind of, money with another kind; OF
swapping dollars.
6. This property fallacy causes the
world to cling to coin as the only ma
terial to use for money. All money
| made out of paper is only currency
redeemable in coin.
! The object is to make money scarce
and produce debts in order to get in
terest. And the theory now is to have
no real money in the world but gold
all other money must stand on that.
We are assured that all the Ininted
gold In the world could be slowed
/ away in an ordinary church, house o,
hall. This little pile Of metal Is to fix
the price of, and measure the value
of, every kind of property on the earth
| It is absurd and monstrous. 1t is
| so contemplate that, as the boy said
| it isn't fit to be ridiculous.
| Thus we must keep Sl00,000,o0O o.
| gold as a sacred reserve, to accommo
date the banks. Nobody else wants tt
redeem grserlbacks.
/ 8. This intrinsic property idea O.
money is the cause of Wall street golt
| gambling.
| 10. TO sum 1t all up In few words
| this property idea of money adopted b.
/ the world, is the sum OF all villainles
1 It is the upas tree breeding death tt
all governments.
i 1t not only robs mankind, but rob-
God too. Here is the proof: Got
1 makes the oak tree. 1t bears acorns
The acorn is invested with vitality. l
will grow and make another oak tree
* Man makes money-the dollar. 1t i
falsely invested with vitality. TIL
! dollar will grow and make another dol
j lar. Thus man becomes q creator too
and mans work, money. is equal o
superior to Gods work. The oak tre
will grow old and die. But the dolla
planted In debt never grows old o
dies.
sam Jones said when the old prophe