The representative., 1900-05-03

bslsll bsissa1 Increased IN I. :valus;, u
is11t 1tspsr cent. ]. The, bahksf sv1ll al
lwhsf have @you sot behind those notes!
l,Evsrything| that there 10 behind the
/ national bank notes, besides All the
Property they created IN comiHt into
lscirculation. which was their face value.
So, you see. the notes came into circu-
lation, not At cost. but at premium of
500, 900 worth. Of ships. @2oo, ,ooo. 600
worth of postcncesa ana $500 100000
| worth OF improvements on our public
highways. National improvement, hav-
ing solved the problem 81 getting money
into circulation, we viii turn to another
plank Of the Omaha platform to solve
the problem Of keeping it in circula-
ton, which declares IN favor Of grad
uated income tax. I would tax all in
comes Of $500 and upwards. Tax trust
or corporation as an individual. That
would break up trust and combines Of
wealth. With tax properly graduated
the money would cover back into the
treasury to 60 out again and make an
other needed improvement In this way
the money would be kept revolving over
and over, each time 1t went out it would
create something that belonged to the
people.
OF course we will be met with the pro-
position that it is unconstitutional to
$ov h,,% No.
Of the Peoples party are not willing
to trust any individual, we care not
how high or learned he may be- We
wish to reserve the right for the peo-
pie to pass upon all laws Of Importance.
In word, we would make the voice Of
the people, as it echoes through the
ballot, the highest tribunal in the land
Having solved the problem of getting
and keeping money in circulation, we
will look for a safe place of deposit,
which we will find in the United States
postal savings banks, another plank Of
the Omaha platform. A postal saving
bank would, in every sense Of the word,
be government bank and all the peo-
pie would be joint owners, and any profit
arising therefrom would contribute to
the welfare of ALL With government
would think Of depositing in private
banks and those institutions would top
pie over of their own weight.
A WORD TO THE MERCHANTS AND
MANUFACTURERS.
Who have been supporting our present
financial system? Do you know that
you have been supporting a financial
system that has impaired the ability of
your customers to purchase goods; sys-
tenn that has tended to concentrate the
wealth of our nation into a few hands:
system that has built great mer-
chantile companies who do their busi-
ness with deposits, upon which they
pay no interest; do you know that in
many instances you are simply an agent
to collect interest and dividends for
great banking houses?
The company that made your goods
sold them to the jobber, the jobber gave
his note for 30 days to the manufacture
ing company who, being in need Of mon
ey, took it to the bank and discounted
it, the jobber sold them to the whole
saler, took his note for 30 days and dis
counted it, the wholesaler sold you the
goods, took your note for 80 days and
discounted it. There are three discounts
added to the cost of the goods, and YOU
collect them all from your customers.
In conclusion, wish to say to all
reformers: None of us can ever get any,
thing if we continue to pull our own
string. We must come together some
where and all get on to one platform,
and let that be direct legislation.
Then we can eliminate party from
politics and vote for measures instead of
party.
If you want the gold standard, make
1t an issue and vote for it; if you want
bimetallism do the same, and so of all
measures of Importance.
II you want William Mckinley for
president, vote for him; if you want
William j. Bryan. vote for him; if you
want Wharton Barker, vote for him.
But one thing you must remember. if
you want direct legislation you must
vote for president and legislators
who are in favor of it, or you will never
get it. The Republican party may de-
clare for it but they will never give it
to you.
The Democratic party dittu.
I remain YOUR CANDIDATE until
after election.
S. w. POWELL.
SEYMOUR STEADMAN TO FARMERS
Do you not think you would fare bet
ter If the government stops selling land
to rich capitalists and instead leases it
with rich public improvements; brings
public telegraphs and phones to your
neighborhoods; rents to you at cost the
most expensive government machinery;
builds national elevators, furnishes
seeds and owns the mines for your own
benefit? If not why not? Or, will you
vote these rights away to rich capitalists
because those capitalists tell you you
lose your vote to vote with our small
party?
(This would change us from a nation
of freemen to one Of tenants and c1ovoc