The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1899-06-27

make these institutions go strong tina
the people will have confidence. By
the formation of trusts and each stand
ing by each other, they make them &C
strong that the depositors will have
confidence in these institutions and
the causes that produced panics has
been greatly diminished. The forma
ton Of truss is the first step in the
establishment Of the co operative sys-
tenn.
THE TRUSTS WILL ELTABLISH THE AMER
ICAE sY aTEM OF FINANCE
The trusts are for the purpose OF
controlling the output, fixing prices,
preventing panics and distributing the
output. To do this they will be com,
PEELED to push up prices to the maxi
mum and this cannot be done and the
farmers sell at home at the worlds
market price, the minimum. As our
civilization is higher than others, and
consume more per capita, we must we
have a financial system that will per
NIT the fixing of maximum prices. Push
up prices SO as to distribute the output
of the factories and you will have ad-
vanced prices one hundred per cent.
above the worlds market pcice, ana
this means a premium on gold in this
country OF one hundred per cent.
Maximum prices and wages is that
which will seem a sum 5ient number Of
dollars to distribute all produced and
run every industry on full time until
the wants of all are supplied. There
il no escape for the trusts except by
pushing up prices to the maximum,
and this means the end of the redeem
ing system, which forces u farmers
to take the worlds market price at
home. The trusts as now formed will
soon learn the lesson that they. cannot
prosper unless the farmers prosper
and the formation of farmers trusts
will soon be inaugurated and every in.
dustry will be in q trust.
ARE THE TRUSTS HURTFUL9
Who do the trusts hurt9 Not those
inside. Are the trusts benefited by
fixing better prices2 Certainly they
are. If the cotton, wheat, pork, beef,
and wool raisers were to form a trust
and fix maximum prices, would it
hurt Ehem9 Certainly not. If every
class of labor formed trusts and fixed
meximum wages would they be hurts
Cer,RiDIy not. Who is hurt by the
trusts9 Those who have not learned
70 CO operate and get into a trust. II
trusts are gooi for one clase, won't they
benz fa every class Who forms a trust 2
Our laboTers in cur cotton and wool.
en- factories working nine hours a day
can easily produce in months as
much as we can get the money to GIN
sumo in twelve. Wou'U il be benz fcial
70 fix maximum Wag"s and prices that
will secure enough dollars Co run our
factories 800 days in the years This
can be done by C >pera,icn-fOrmiog
trusts The output Of the farmers and
under the competitive system
is over twelve billion dollars.
We have the facilities 10 increase the
output to twenty four billion dollars
WouIdn'g it DO better to increase the
distribution of the n~ecessaries and lux.
uriss OF life among the people twelve
dcllare2 This can be done by
co operation and this must be done
through trusts. The politician who
gets in the way Of the formation of
among all classes will get run
over.
FARMERS, FORM TRUSTS
Pace YOU selves where you will be
able to control the price Of your pro
duca and prosperity will come to every
class. D. not rely on politicians or
parties. R ly on yourgcivas. In UnioE.
there il prosp rity In division, dnan
clal and moral ruin. The great Issue
fore she American public is tina
estabii-hD1ep3 Of a system which viii
distribute all produced, aud che GrUs E
will do 1t. Trusts are crude and III
pertec CT 80 far. TIne will remedy there
cruditiee. American gepius will seen
perfect them. American farmers, trust
each other, form farmers trusts, co,
o 2eraEe, work and trust in G3a for the
result.
These are the things that enter into
the production ana dISrrlouti1n:
The "a material, labor and money
converts tire rev -GaeeriaI into
the finished products and mcnay dis
tribuses ehem Co operase-'orm trusts
fix maximun prices and wages and
you can get che dollars TO Distribute al
produce until the wants ot all o.e SUE