The representative. [volume] (St. Paul, Minn.) 1893-1901, 1897-01-06
A BLEEDING SORE.
THE DRAIN FROM MINNESOTA
10 THE EAST.

OF the minneapolis banks sends $780,
00o every month to the East, for money
withdrawn from this state, either to
pay interest on investments, or to re-
turn sums which do not seek reinvest-
ment when paid.
How much more all the other banks
send who can tell?
THIS was one of the calamities
threatened us if Mr.. Bryan was elect
ed. BIT Mr.. Bryan was not elected;
and yet one Minneapolis bank ships
back money to the East at the rate of
100000 year,!
And all this illustrates the criminal
misleading of our triumphant political
guides, and the unbelievable folly OF
those who keep them in power by
their votes.
They have filled the heavens with
their hOwls:-'Kcep up your credit.
Encourage England an Wall street to
lend you money"
Why did they not say to the people,
as we did:
Facility to borrow is the first step
to bankruptcy Continual credit
means the absorption of your proper.
tY When the property is gone you ,rill
hare no credit The banker is the same
| as the doctOr:-you Gail him in be-
| cause you are in diseased condition.
| AS long as you are we'll, bodily and
financially, you want neither. The
first duty of craftsmanship is to pro-
| teCt the people from robbery, and so
avoid the necessity of borrowing. Let
industry have full swing. under just
laws, with an abundant money supply,
and the American people need not
care what Europe thinks Of them.
This country will produce more
wealth, with unshackled industry, in
two years. than all the money in the
world could buy"
But see how we are enslaved under
the leadership of the gigantic fools or
knaves!
| All the money that comes into the
state for the productions Of labor
farm and city-goes out Of it to sup
port an idle, money-lending class
here and elsewhere. We are eternally
rolling the stone of Sysiphus up the
hill Of endeavor; and It continually
rolls back and brushes us. And still
the cry goes on: Keep up your credit
Submit quietly to the robberies OF
rings and com bines. and tax-eaters.-
and borrow, borrow, borrow-until you
have nothing left to mortgage.
Some one asked farmer in western
Minnesota, the other day, what his
young stock were good for,-there was
no money in them.
"Well," said he, "God gave them to
me to carry around chaJtle mortgages
on their Backs"
The East has no love for the West
or South. They would not lend them
a penny If they did not expect it back
with an increase. What we believe
politically mas nothing to do with it.
We might be Mahommedans or Nor
mons. II we can give security for the
principle, and pay the interes
promptly, we are orthodox. If we
could do this under Brya it would be
all right. II we cannot do it under
Mckinley the money will return to
the East.
And how did the East get it? Out
of our pockets. The high tariff
ostensibly for the encouragement OF
American indus try-really for the en-
richment Of the capital of New Eng
land and Old England,-is responsible
for big share of it. Then excessive
railroad charges, insurance charges,
usurious loans, ETC., ETC., did the res t.
And now that we are sitting on the
ground, ragged and dirty, and our ca
pacity to pay any more becomes
doubtful, the money flows away from
US as II we were infected with
leprosy.
| And yet think, brethren, how all
through the recent campaign, land
many previous campaigns.) the lying
bankers kept up the cry Of alarm
"You cannot get any more hams ii
Bryan is elected. II Lind Is made
governor you can borrow no more"
And yet the drafted scoundrels would
lend money to the devil himself if he
could give them good security. And
If Christ Jesus wanted five dollars and
had not the collateral he couldn't &c,
it from them. sc =.
Rouse UP your friends and neigh
bors to an understanding OF the real