The Forrest City times., 1898-04-01
THE MONEYED ldEu.
Ahey Are the Ones Who Profit sro.f
When Times Grow
Better.

friVate advices from New England
ana New York indicate that prosDeritv
Is not present to any alarming extent
AZ ieast among the rank and lie of the
population. The factory hands have
long had starvation wages, but in tb;.
year of republican prosperity even the
small wage allowed them has been cut
down by tenth. And yet, the govern
Inent reports show that New England.
New York and Pennsylvania are the
sections that have benefited most bv
the business operations of the last 90
years. There has been steady flow of
wealth from the west and south IN
these states on the eastern seaboard.
Inc great railroad systems of the coun-
try are owned largely by capitalists liy.
ing In these eastern sections. and the
vast profits have been flowing eastward
In steady stream.
The New Englander may put his
thumbs into the armholes of his vest
aud proudly say: "See how rich we
are growing. Why. sir, during the
period from 1890 to 1895 our little state
OF Massachusetts, gained in wealth to
the extent of s3l7.Oo0.oo0. while all OF
those great western states of Washing
ton. Oregon. California, Nevada, Utah,
Arizona. Colorado, New Mexico, Texas.
Kansas. Nebraska. North Dakota, South
Dakota, Missouri. Arkansas and
Louisiana, combined, gained only like
sum-" But II you ask him what mart
be has of this great prosperity he adj
inits that he is as poor as ever, and that
were IL not for the statistics he would
not know that his section of country
had benefited by existing conditions.
lhere are many people in New Eng
lend as well as people in other sections
OF the country who would like to know
where are the men With the money.
The fact is that no section of the
country has benefited greatly by this
| accumulation of new millions, but the
benefit has accrued to rich men residing
In those most favored sections. The
capitalists scattered through the east
| have reaped richly during the last 90
years. 1t is an error to suppose that the
| gold standard has benefited them only
during the time of depression. It is a
mistake to suppose that the gold stand
ard robs the debtor only during the
| times that the sheriifs are active fore
closing the mortgages. The fact is that
the gold standard is a robber standard
during the whole term of its existence.
| The period from 1850 to 1890 was a
period of great prosperity. or rather,
:, of great business activity. and vet there
/ 4 Al =
the many passed more rapidly into the
hands of the few. The general public
mstook activity for prosperity. They
| believed because men were engaged In
business that they were all making
| money.
| But when. at the coming of the great
| crisis of 1893. men began TO reread the
records OF the past decade. they found
that business had been done at loss
and that the only commercial enter
prises that had gained money were
those founded and living by the lean
ing of money. Money alone had proved
a good investment. because IL had not
shrunk in volume. The little army Of
money lenders in New York. Pennsyl-
vania ana New England clapped their
hands On their pockets and declared
that they had experienced unparalleled
prosperity. They passed the word out
| to the multitude, and the latter. being
unable to determine who had the
money, were content to believe that the
general public had been prosperous be-
cause they knew it must certainly have
come into the community according TO
reports. Their votes at the last cleo
ton proved their faith. The men with
the money control the republican pol
itics of the east. They control the
newspapers of the east. They control
to too great an extent the national adj
ministration. The question is forced
upon us: "Shall the people rule or the
men with the money!" 1t must be an
swered at the coming elections.
| Fl. F. THURSTON.