The times., 1897-06-29

misery and devastation than would have
been produced by an hundred years Of
>pitiiess civil war.
In all THAI rnoyement--from its inception
in SGT 10 the eliminating crime in S73--
John Sherman stood as the representative
and exponent of the most gigantic and
viliainous trust that. ever cursed
humanity; the Combination trust of the
bondholders and money-ienders OF Europe
and Wall street; syndicated to wreck the
prosperity of the United States, and, out
of the wreckage. to realize billions OF
dollars In piratical plumber. No matter
what influences suggested or materially
assisted the assault, that trust in.
America, with all its horrible consequences,
was John Shermans child.
On its appearance upon the stage CT
human activity, there came into being
fiend of diaboiic force and prepptency,
which has not failed, nor, in the nature
of it's organism, could fail, to beget other
fiends in its own image. These are the
trusts and monopolies-the sons of the
oveish adow ing, satanic gold trust, and
the grandsens of John sherman. He dis
owns and would disinherIt them, but he
cannot. The mighty probate conrt Of
history will make them full sharers in
the estate of q nation IS woes and sor-
row that he must leave behind when he
goes hence.
Why? Because they are the necessary,
inevitable results of his original dailsance
and of the American gold devil, to which
he gave an ail-absorbing, all-destroying
soul Let us prove th is in the plain ter
miieology OF ordinary economic argument
From the moment the Anglo-Shernan
gold octopus fastened its muIderous ten
tactes ,arounI the body OF American pros
perity, prices began to fall, and have
continued to fall 10 this day. Every
year it has taken, and still takes more
and more ia labor or commodities, meas
ured in Sherman gold, to pay debts or
taxes. Therefore, the purchasing power
of the people has been and is continually
and increasingly reduced With the van
ishing ability OF the masses TO supply
themselves with luxuries, comforts and
even necessities, ho me markets must
dwindle. Coincidently, there must be
oyeiproduction. by those who have sap-
piled all the mutiform wants of the ma
ton With constantly falling prices and
no way TO restrict output, competition
in production can only end in the uni
versal ruin of producers With no relief
in sight; with the certainty that gold must
keep on advancing III value and prices
correspondingly fall, nothing is left to
the manufacturers OF staple commodities
a safe monopoly of what market may be
left. common ruin only is averted by
cooperation 1 n the form Of trusts. and
trusts are the logical and inevitable re-
suit OF gold contraction While the pres
ent financial policy prevails. there can be.
no relief from them.
Relief can come only by aTrcsting the
hand of gold destruction. When a rea-
sonabie volume OF currency OF ultimate
paynent is restored to the people, the
debtor no longer always will be growing
poorer while the creditor always viii
be getting more and more for his debt
and interest. Prices VIII rise, and, with
returning prosperity, will keep rising until
the national equilibrium is reached once
more. Then trusts win 60 to pieces be-
cause competition win beimpoSsi5le. With
a steadily advancing sugar market, for,
example, hundreds Of small local plants
would spring into existence, and be able
to defy the Haveme yers So it would be
in almost every other department of in.
lustry. The only remedy against trusts
is to destroy tffe foundation upon which
they rest. and that substrueture was laid,
stone by stone. in the monster gold trust
which John Sherman engineered, super
intended and constructed, to his eternal
shame and to the disaster and almost the
destruction of his sfellow-countryiuea