The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1898-03-01
UNITED FoR v
,d,essss by the chairmen of the Three
Parties.

LCbairman Butler of the Populist Ma
t;oraI Executive Committee. Below is
THE DEM CRATIC ADDRESS
The Democratic appeal is as follows:
70 the People: Toe surrender of
the Republican party to the advocates
If the gid standard and monopoly is
ot last complete. The present admins
ration, called to power on the solemn
nledse of the Republican national con
canton at St. Louis to promote be
r,aralIlsm, has formulated and sent 60
congress a bill, the leading purpose of
wbicn, the honorable Secretary of the
Trea-urv avows, is 60 commit the coun
trv more thoroughly to the gold stand
ard.
DATED FROM THE CRIME
Tee couotry has already, for "a
yesrs. been so thoroughly committed
to the gold Standard by law and partly
nv usurpatioDs of the executive branch
If tne government, that it's effects were
seen and felt on every hand; wages
we're reduced; work is harder to get;
the weight o, debt is doubled the value
NJ land and other property Is reduced
one half or more; the people are made
hitter with hard bondage. It is Ger
ltaiply not in the interest of humanity
To have this condition of things more
thoroughly established. The Contin
ned rise 10 the value of gold-or which
is the same thing, the continued fall of
prices, must inevitably transfer the
property of all those engaged in active
business, the actual creators of wealth,
whether By hand, brain or capital, to
those Tho, avoiding the risk and eff JrG
of active business. only draw interest.
TIE increase of las per cent. In the
value Of money caused By it's increas
ing scarcity, from 1909 60 1849, as ad
mitCed by the leading advocates Of the
gold standard, found expression az that
time in extremely low prices and con
ditiCn3 OF unparalleled distress. The
discovery OF gold and silver in extra
ordinary quantities, and the great IN
CLEAS5 Al AHC HOl0LAO VI AAUSCa4A2S NASANE
resulting Gherefrom, relieved this dis
tress aad brought IN its stead wonder
full prosperity. Prices rose, business
fourIshed, producers prospered, ali
were happy. Substantially this con
ditgon would have continued il both
the precious metals had been allowed
to remain IN use as q money, but they
were being found in nearly cuff sient
Quantities Co increase the volume of
money in proportion to the develop
ments of business. A conspicracy,
h9ws~er, faprtved one OF them'of the
money fuactlon. This was done with
the deliberate purpose Of raising the
value OF the other by rendering the
supply of metallic money relatively
scarcsr as compared with the demand
From the hour OF the contamination of
this crime, mankind has suff red com
merclal disaster and social distress in
almost constantly increased measures
Just n proportion to the continued
growth Of the civilization and expan
sion OF commerce., business aud indus
Try, the inadequa2y of the volume OF
gold is falJ, IJs scarcity is emphasized,
its value increased.
THE NATIONAL DEBT.
The repression or life and happiness
whiea Is ~mseparable from a course Of
declining prices has now checked de
vetoqment, and if continued will ulti
mstely et4f5 civilization. An eminent
American, President Andrews, OF
Brown University, says: Our national
debt on september 1, 1895, a two
and three q IarGer billions; it could
have been . .Id off with Is. 900, 600 bales
Of cotton or %, coo, 900 ions Of bar iron.
When IL had Deen reduced to a billion
ana a Gu .rter. 80, 600 900 bales of cot
ton or 81 coo O0O tons of iron would
have been required 90 pay it. In other
words, while a nominal shrinkage OF
a00uG 55 per cent had taken place In
the deOG, 1t had, as measured in either
Of those two world staples actually
been enlarged by some so per cent
"AlEho more than half the principal
OF this enormous debt and every cent
81 accumulated interest had been paid
Oy the labor of the United States, the
holders Of the bonds still hold q claim
LOT mere Of the laOor of the people than
'hey held before these enormous a
ments mad been even begun. This cruel
UonnScaI5n Of the lives and liberty OF
sn7 laoorlag millions of this country is
Sne most ~sCupendous crime ever com
T'v'eu IN the annals of civilization.
tbSs a government of the people, by
isb, g1op'e and FOR the people has per
lsued from tho o,