The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1897-06-08

gressmen sWore to go by the constitu-
ton, but must have concluded the oath
by saying, &c help me over the fence,
and not, $50 help me God" To coin
money evidently includes silver as well
as gold (section 10, clause y. but at
this date it would unsettle values and
iDjure the New England States to coin
silver, but after the money was burnt
up that unsettled values and injured
an exhausted South, and reach the
great North and West and confiscated
from that date to this the one half Of
the farm products, stock of all kinds,
real estate, and has sent terror and dis
may and tears to every freside in the
great Northwest and throughout the
South, butt made the goldbug, banker,
bondholder and money centers rich and
placed the Northwest and South as q
foreign land. Had the gold standard
existed i'm ante beIlum time and faith
fully adhered to during the war and
up to date, there would have been no
unsettling Of values, and the war would
have stopped soon. Treasury notes
ought lever to have been issued, but
if issued once for relief, issue them at
ell times.
But money was coined-good money,
&nd~not out of gold and silver, but
paper, and it is evident Congress had
the right and now possesses the right
to coin paper money, give us a national
currency uniform, fixed, stable, not to
be redeemed with gold or silver, but
based on the general government and
all the property of the United States.
But at this date it would unsettIe
values, help the great Northwest and
South; but injure the New England
section by initiating the currency. To
initiate the currency wheat would go
up, cotton up, real estate advance and
prosperity would reach the remotest
corner Of the United States.
To compel us by a high protective
tariff TO use a home market in order to
protect manufacturers, and deny rs a
home money, money to remain at home
to purchase which is the policy now
adopted, and for four more years We
are to remain like a toad under q bar.
row. This let us protest against; We
enter a stern protest against such treat
ment.
Let those who trade or travel in for
eign lands make their own exchanges,
and not put "a per cent. of the people
in the United States to please about 6
per cent. of all our people. Let the
government treat all its people like a
good father would his children; give
US even handed justice.
1t was all right to burn up the money
and unsettle values and ruin millions
since the war, and all wrong" to I'm
settle values now by compelling bond.
holders to carry their bonds up and
receive pay and stop interest ard pay
them off in paper Treasury. notes,
never to be redeemed in gold or silver;
but to be circulated as q currency and
receivable in payment of all debts,
kpublic and private, until worn so as to
be unfit for use and then returned like
worn out silver coin or worn out gold
coin to. the mints to be re-coined and
reiasued, and not have ten kinds Of
currency in the country; and some like
the money, paper money of the Ma
tional Banks, not a legal tender, in
payment of debts between individuals.
Neither are the National Banks capable
of redeeming them either in gold or
silver if all their circulation in paper
money was present at once to their
counters for redemption. They are not
specie paying banks and never were so
intended. Their bills ought to be burnt
up, and Treasury notes issued In their
room; instead Of that, they, the banks,
deposit with the United States Treas.
ury 800, 600 in bonds and get back
S90, 900 i'll bills and now want to lay
down 500, 600 and get back 800, 600,
be exempt from taxes, get advance
gold interest, and go home and loan
out their 500, 900 and get more interest,
draw interest two ways on the same
capital; the government is a o partner
with a corporation. and III govern
ment by this INJURIES millions of our
people. It protects bankers, goldbugs,
bondholders and manufacturers.
1.-THE seed you SOW another reaps,
The wealth you find another Keeps"
Now let old parties drop, come to the
rescue at once and be no longer a set of
long cared asses, of the finest breed
and the longest ears in the world.
tUT ar jahor form in vost orroz