The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1898-05-03
THR PEOPLES FEDERAL MONEY.
.OTresDondence Of the Progressive Farmer.
MICA N. c.. April % 1898.

MICA, N. O., April %, 1898.
We have been carefully reading the
articles of friend Geo. e. Boggs On the
political Situation" in the hope
that something practical and solid
would evolve. Everybody knows there
is political choas" and more need de.
ny that there is also financial choae.
It is easy to blow the elements of the
chaotic mass about and interest the
people who are waiting to see ome
thing, but it is another matter to
grasp these floating elements and read
just them each to the other in princi-
pie, subordinate to the unalterable
law Of equity and liberty.
The magma charter Of the peoples
liberty is safe in the breasts-the SUI
preme will-of the people and it is safe
nowhere else. So the legal rule that
measures the value of all the wealth
they possess never has been, nor never
will be safe anywhere else than with
them.
That rule is money.
Our fathers thought that in the Con.
stitution they left it safely with the
people and so they did go far as the
unit of measure goes.
No one dares to propose a change in
the Federal money table, but in the
number of units Quantity of money!
to be used, avarice and sinister oD-
preston have gotten in their deadly
work. The fathers thought they left
money, both as to unit and quantity,
free, but inadvertently they left it
linked in quantity to gold aud silver
and thus riveted the chain Of financial
liberty to material substance.
The financial power behind impe-
rial thrones saw~their opportunity to
grasp and control the substance of our
money and 10! the people wake up to
the fact that they are monetary slaves.
In1s91 liberty cried: "Cut the chain
of slavery and Let the oppressed go
free. So today all industrial people
are ready to demand monetary liberty.
am pleased to learn that Mr.. Boggs
is one among the number who wants
liberty, but I will never consent to
leave so great q principle of liberty
that rightfully belongs to the people,
in the hands Of q commission" I
may be answered, that commission is
to be chosen by the people" Ianswer,
$50 has been the present Congress"
lam glad that he referred to the
great philosopher and statesman, Ben
iamin Franklin-Who was the Jefer-
son Of his dsy-and to the plan Of
finance he established, which worked
go well and never would have been
abolished but for the money power be-
hind the king. For this act of op.
preston, with others, the people rose
in rebellion and established political
liberty but failed in financial freedom.
The greenback theory, based on 100
leading commodities" controlled by q
commission would answer the purpose
provided the people would be stable
and never '~'repudiate, " bat under par
ty influence they will do it snd then
the money would have for it's basis
nothing.
On Franklin's plan, as readjusted to
suit the demands Of our wonderfully
developed commerce, country and age
and as specifically Get forth in chapter
2 of THE Peoples Platform" Gee
THE PROGRESSIVE FARMER of January
11th) is provision for money at once
''greenback" in convenience Of futility
as well as golden" In stability Of
basis.
Brethren of the Alliance, study Il
over carefully and Let US get it com
pleteIy on the political track and then
not let it u of ON q switch.