The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1899-08-22

SCo.roI of all parties, M Gne party
con' OouId not control they disrupted
tOsy |.obssing the leaders with office.
b. =" time came when III industries
t-om babes into lusty giants,
grew .bsv began to assert their power.
sDu creditor class fearing them
I'D upon the statute laws to fetter
p~ and compel them to compete
: cspital employing pauper labor.
oiants resented this, and they be-
% organize for mutual protection.
~,s rapid multiplication of labor
-ino machinery all over the world
:...ssed the output and intensified
.mnstition, forcing prices down and
%ninishing the number Of deys worked
~ che factories and every industry
|,s threatened with paralysis and the
..nntry with anarchy and revolution
wbich all accumulated wealth would
I've been scattered to the four winds.
r. salt defense they began to organize
;.~1uatries and mutual trusts to push
- nrices, increase wages and secure q
.asrket for their products. At once
..s creditor class demanded that these
.usts be suppressed and anti trust
,vs multiplied, and even put On the
tstute books for this purpose. The
,,rsts began to organize industries,
,r.h I'D prices and a laugh and CRY
vent up from the creditor class and
.bsir tools all over the United States
and the machines Of the old parties
we're invoked to pass laws to suppress
the trusts or prevent them from push
Ing up prices and d~epreciating the pur
chasing power Of their fixed incomes.
sd mt you see the wicked trusts are ad
ysncing prices of the n~ecessaries and
Injuries Of life9' They were unmindful
# the fact that in the memorable years
1884, labor was idle and starving
Two thirds Of the time and ten thou
n1d miners in Hooking Valley, Ohio,
worked on an average for twenty Ave
gass a day, and out Of that they
nsntained their families.
h was this terrible condition that
ay7e the industries into mutual trusts
70 better their condition. The trusts
ha7e pushed up prices and wages, have
sivanced 10 to 25 per cent. and labor
il Rorking far more days in the year,
Is1d their condition is improved, and
We are far from a panic and a bright
future is before US. The output in the
t~s.tories for 1899 will not be less than
ten billion dollars, or three thousand
ullion dollars more than in 1898 4.
Inree thousand million dollars more
viii be put into circulation this year
Under the reign of the trusts than IN
tN@ the reign Of the creditor class who
sra, and ever have been, the cham
pi3nsot competition, low prices and
hard times. The effect is now felt
snong the farmers who can sell their
non perishable produce in large guam
titles while it was a charge at any
price on the market in 1898 4 The
Industries have locked horns with the
creditor class, the champions Of com
petition and low prices, and for the
1fst tins the robbers Of the wealth.
producers in all ages have met a foe
worthy of their steel. For the result Of
TIE battle OF 1900 we have no fears.
The only hopes that the champions OF
competition, low prices and hara times
and plenty for those who have q fat
dice and expect one, Is TO drain the
farmers. If the farmers were organized
INTO mutual trusts, there would have
been an advance of the price Of farm
PRODUCTS to the amount Of two thou
and million dollars and the defeat Of
Ne creditor class, the champions OF
@npetition and low prices would be
q accomplished fact and a political
gdt would not be on.
limo other industry than cotton rails
Ag will it be so easy to organize a sue
caatul trust. The cotton outside Of the
United States will not supply the world
Ner one hundred days, and the trusts
0 Europe will corner that and advance
tae price to correspond with that fixed
q the United States. The organiza.
an Of a cotton ralsers' trust will be
2eediIy followed by the ORIGINATING
all the farms staple products into
Sats. Organize at once, and in two
Jars we will have government banks
"a the Sub treasury plan will be IN
vi way. We are net with the sense
~ cry that you can't get something
W nothing Tne creditor class have
a'ays gotten something for nothing.
lucy have issued their promises to
paS lde0ts) loaned them, drew inter
:. % lhem. piled up q nigh debt, and