The Montgomery advertiser., 1904-10-10

pie in order that there shall be main tained an idle aristocracy. and an ex- aggerated militarism. In that unhappy
 land, so richly blessed by nature. mis- of the people never have enough to. eat.
 See Great Britain. with its lands mo- Inopolixed by a few hundred lords. its
 Legislation controlled by property in- crying for bread along the streets of the richest cities in the world. Con- slider these legions of the homeless.
 Look into those tenements, packed, like women and children. Think Of the morals inseperable from such condi- ticns. Think what passions must rage under the ragged shirt of the workman | who stops In the street to pick up remnants of food which are foul enough | to turn the stomach of a well-kept dog. Think of the multitudes who sprawl about the parks, .skulk under bridges, prowl through the slums--not by tens. but by thousands; not in one city, but | in all cities. Millions of human be- Iings. God-oreated men and women, fash- | toned out of the same clay as ourselves, I In all essential respects the same sort of folks we are; yet they suffer. they starve, within sight of the synagogue. within ear-shot of the preacher, who Is holding forth to his hearers upon the loveliness of the Creed of Christ --the Christ who never owned home, under some of our statutes might have fared hard as a vagrant.
 How is 1t in our land7 God never made q grander home & for his children n W,s gfnia, the Dutchman in New York, and the Puritan in Massachusetts sought as a refuge from the customs of the Old World. In natural advantages this earth holds no region superior to ours. Once 1t belonged to the people. With his gun, the common men won 1t. mile by mile, from the Indian the French l man, the Saxon, and the Spaniard What the common man did not win with his gun, he bought with his money. From sea to sea, the land which Is ours became ours because the common man was ready to pay for 1t with his tax | money or his blood.
 l What has become of It? With be- wildering rapidity. 1t has been taken to0% to the tRs eorpoPations. eG% Belonged to the Government, to all the people. It was
 meant to supply homes to individual citizens, and there was enough of 1t to last for many generations. To the | extent of about 00,00o.000 acres, It has
 been given to railroad corporations; and now when a common man wants a home in all that vast domain he must 1t. | A blacker chapter than that which
 ties united to despoii the common peo-
 pie of their land, Is not to be found in the annals of class legislation.
 Once upon time, we had financial
 system of our own. Placed in the con, stitution as part of our fundamental law, 1t seemed to be firmly fixed. For a hundred years this money system was in operation among us. Therefore, 1t seemed to be 'irrevcoably fixed. . Very wise men created this system Of national finance. It was the one sub ject upon which Thomas Jefferson and Alexander Hamilton agreed. Those two were. perhaps, the greatest states men this country ever produced: So pre- eminent were they above al others, that they divided the people into two distinct schools of political thought these master minds reached the same conclusions; and that conclusion became | a part of the Constitution.
 l Whether the Wall Street influences which produced the establishment of the gold standard emanated from wiser heads than those of Jefferson and Ham | ilton, may be doubted. Both of these 1 time and died poor. In fixing bi-metal- lism as a system, and the silver dollar | as the unit of value. they had no sell fish motive. Two lofty minded states right system. It remaind in force, | giving full satisfaction, until the money power in it's march of conquest found it to be a barrier: The money power I | trol; and one metal Is easier to con
 trol than two. For the same reason, 1t | opposes governmental issues of paper | money, and will never be content until 1 the greenbacks are called In and de-
 stroyed.
 To establish the single gold standard,
 which sets the constitution aside, the | statute had to be violated. The word
 "coin" had to be construed to mean | gold coin" and the paper note, issued
 on silver. had to be redeemed in a
 manner different from that prescribed
 There are at least five reasons why
 the gold standard can not be considered
 as fixed;
 | First-It Is unconstitutional.
 Second-It violates statute law.
 Third-The supply of gold might in-
 crease beyond all the calculations of the money power. Thus. the standard
 trol. In that event, the money. power itself would change the standard.
 Fourth-The supply of gold might
 suddenly cease. In that event, contrac- country's expansion in business and in- crease in population require com stantly increasing volume of currency. If the horrors of contraction should again come upon us by the selfish pol icy of the money power, the people | would compel a change in the standard.
 Wall Street gave us the panic of 1873; l Wall Street gave us the panic of 1893.
 
 may find that it has given us one too many. The American people have about reached the limit of endurance.
 We have heard much of the ''con- 1 Istitutionalism" in this campaign. The sincerity of the cry Is shown by the fact that the gold standard which vio-
 lates the statute law and the constitu- ton, is not only supported by Theodore | Roosevelt, the Imperialist but by Alton B. Parker the chosen apostle of con | stitutionalism.
 Fifth-The gold standard is not 'ir- unscientihc and wrong. Nothing Is more certain than that the people )f 1 this country will continue their strug- | gle until they have national currency | which the money power cannot con- | trol and which answers the purpose of perfecting exchanges without becoming | an armory from which the buccaneers | weapons with which they attack values and raid the markets.
 One of the worst features of our | financial system Is the farming out to the national banks of the power, privi- lege and profit of supplying the coun- | using its own credit for the equal bene- fit of all the people, the Government ] lends this credit to the national banker | to be used for the benefit of the bank CT. Thus the national banker becomes a beneficiary of special privilege; and. ! passing his notes upon the credit of the Government, charges his fellow citi-
 ileged. fattens upon -usury at the ex- pense O fthe unprivileged There are | now about 5000 national banks. which l keep In circulation more than$400. .000.- | 900 of their notes. At per cent this represents yearly profit of, more than ' N,A 1--N An,a-