Kansas agitator. [volume] (Garnett, Kan.) 1890-1905, 1898-05-13

1. That all war taxes on the neces-
saries Of life and on the small luxuries
Of the people force the further CEN
tralization Of money and Its control In
few and fewer hands.
2. That every issue of war-bonds'
Withdrawing capital from business, ef-
fects the same purpose and, by laying
fixed charges" on all forms OF busi-
ness-on all actual production and dis
neutrality-suspicious. plutocracy more
effectually than the old system OF land
holding by entail and primogeniture
which Jefferson overthrow, perpetual
ed land-holding nobility.
So much for the causes which create
the Plutoctacy of usurious war-lords
who become war-lords by virtue OF con-
trolling the worlds money supply.
They seek more taxes on the people
and more war bonds with interest to
be paid from the gains Of industry OF
all kinds.
The war bond, which perpetuates
their power, is the greatest OF all MOD
ern inventions in finance except one
the similar but smaller piece OF green
paper-the national defense. non-lnter-
est bearing treasury note, popularly
called the greenback.
1t is not becoming for men who wish
to get at scientific knowledge to shrink
back from facts. The plain facts OF
this situation are these:
First-Ever dollar Of interest-bear-
ing green paper issued as war bonds
withdraws money from the pockets OF
all legitimate business men and pro-
ducers and piles 1t up in the vaults OF
non-productive capitalists.
Second-Every dollar of additional
gold and silver coin or of non-interest
bearing green paper issued to circulate
in the form of national defense treas
ury notes to circulate as money, re-
| leases in so much the pressure for
money boarded by the "bondocratlc
class. That is to say, every silver dol
lar coined and every greenback dollar
printed for national defense helps to
force into circulation for the common
use the capital withdrawn from circu-
lation by the plutocratic class. Bonds
take from the people for the plutocrats.
Defense fund greenbacks take from the
plutocrats for the people.
| We may lock our doors, fasten down
our windows and bury our small saw
ings In our cellars, but bond issue
takes them away from us.
So on the other hand, plutocracy may
lock its boards deep in bank vaults and
in safe-deposit vaults, but every issue
of national defense greenbacks, every
additional dollar Of silver coined;
every increase in the circulation OF
actual money (not bank notes) made
necessary by war, puts the cost of the
war on the plutocracy.
The issue, in word, Is this-every
bond issue means that the people shall
bear the whole expense Of war and shall
pay a war indemnity Of thousands OF
millions in interest for years after the
war is over to support non-productive
plutocracy.
The issue of national defense green
backs means that the chief burden OF
war shall be imposed on the boards OF
the plutocracy.
We must either increase the taxes
on industry, and in addition we must
paralyze the activities of our workers
by withdrawing active capital through
bond issues, or we must force through
an income tax amendment, coin silver
to the utmost possible extent and sup
plement 1t all with as many millions
of national defense treasury notes as
are needed to carry on the war.
The country can take thousand mill
lions of fresh currency, gold, silver and
greenbacks to the utmost advantage.
BY the same rule, under which taxes
on the masses of the people and the
withdrawal of money from business
PROSTATE industry in all lines, the issue
of larger supplies of currency for ma
tional defense blooms business" and
increases activity in all lines-except
that of money broking and bond spec
ulating.
The war bond is the most atrocious
device the devil ever invented for talk
ing the wealth of the many and giving
it to the few. But the war greenback
is the mightiest Of all modern inven-
tions-the invention by which the in
ternational plutocracy, the vultures of
usury and unjust gain, who during the
whole of the century have forced one
war after another that they might
grow fat on carnage, will finally be
compelled to dread war as the worst
possible evil, in that it will be the op-
portunity of the people to force them
to disgorge.
Tho Objection to Recognition.