Lexington gazette. [volume] (Lexington, Va.) 1871-1962, 1899-09-06
is THE REPUBLICAN PARTY !
TRUST,

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A trust has been defined as 70 con
bination.. of interests, in restraint of
trade" If this definition is correc
then it follows that not only is the RI
publican party the mother of Truss,
the natural protector of Trusts. bu
that it is in and of itself sra t, i
that it restraIns trade.
by ehacting higher tariff laws it ha
restrained traie-from and with al
foreign countries, coming to us.
1t is not denied by any that il tn
"open door policy" had been adopted
that trade with other countries woult
have been much greater than it now j,
greater than 1t ever has been.
So that it is conceded even by The
Republicans that in so far as foreign
trade is concerned, thai the Republi-
can party has been and is now trust.
Ii cannot be denied that the Re-
publican party so contracted the volume
of currency. that prices of commodities
and the products of soil and mine, fell
so low that trade in our own coun-
try was restrained til e u howl went
up all over the land the recital of
the woes Of the people was sufficient to
insure you berg called n calamity
bowler. >
Under one nc o. .lono ress. Secre-
tary Sherman le,troyed over twelve
hundred millions of dollars in United
States currency, thus reducing the cir
culatiug medium nearly thirty dollars
per capita. -
II so restricted the volume of lawful |
money by law tina. farm and farm pro-
ducts all over. our country sold for
about one-third the average price in
1886. when by virtue CT the natural
growth and development of our country
by reason of the increase in population
they should have continued in their
onward and upward course.
1t so contracted the money of our
country that manufacturers were
orced to shut down their mills, as the
PRODUCTS Of factory. and mine did not
'ell for the cost of Producing them,
All this was'in restraint of trade.
fenee the Republican party is legally
trust. IL
Short crops in other lands, partial
Imines, and. IN. many. instances the Z
inglish money policy was adopted ana 6
5agnation of trade due to the English "
gstem Of money Trust followed, and 4
lere was demand for our products "
broad, money from other lands came o
our Golfers for readstuffs-war ii
sme on and other hundreds of mil o.
pms were expended by our govern I'll
ent tor food supplies, for steel for
attleships, for shot and shell, and our RI
lrrency was not only increased by ye
ore than thousand millions TOR our ps
roducts-known as the balance of I'll
ade-but our government was COM WI
lied to turn loose its hard obtained "a
placing blanket mortage on all of BE-
Q wealth OF this country. individuals ba
loose their money, and thus FIVE 81
ndred other millions were turned tn
)se, and the increase of fifteen hun hi
ed millions OF money actively eir,u- OF
ing amoug our people gave US bet pr
: tim Gs, thousands of willing work. wa
gmen were given chance to earn est
cir daily bread, and, just as the ad- ru1
Gates OF free coinage predicted, prices be-
Sc, pig iron doubled in price and
lges increased, because capitalists the
v chance to make more money in as
e regular avenues Of trade than in Ian
eculation, and that other fallacy- RET
st labor was the last to be benefited TIL
rise in Philosophical. ma
Again the Republican party, true to has
eli, began its policy of contraction tiol
1r times more people were added to ant
oss using our money than we had REP
len we gained our independence, INT
Us leSsening the per capita Of money. sue
'untless ilIegitimate offsprings, minor sen
ists,'were formed, sto,k and bonds the
re Aoated until the aggregated :.
cunts to one-tenth OF the totol wealth.
the United States. I
To-day it requires one million OF 4