The Caucasian. (Shreveport, La.) 1900-192?, 1910-09-25
Gle %DleW Of II
In This Space Any Subject or
EVent Nay ReceiVe Comment.

. / Hat lIIS County, utGuS. plOtSCLlOu
from capital is plainly evident from the
way that capital is trying to gobble up
Alaska.
| Railroads in Alaska will only give
power to. capital While senators are
killing time in Congress on railroad
propositions, the people are on the
ragged edge of despair, because of the
thigh cost of living.
1t seems not to concern the senators
how much deprivation and suffering is
evident in the thiclay settled states. The
scheme to railroad Alaska seems to be
a by-play to occupy the attention of
the people, to keep them so occupied in
building air castles in Alaska that they
will not notice the realities which are
i pressing upon the Nation
The principal, ever-present reality is
the high cost of living caused by a
shortage in crops, or is it the fault of
the trusts? Or is it the mouths of the
imported population?
] 1t is positively stated that America
produces less than will supply the peo-
fp1e with food. This statement places
all the blame upon the farmers until the
question is asked: Do the people get all
the farmers produce, or do the trusts
get and and hold it until useless?
/ If there is today a greater demand
for wheat than supply, let the wheat
Il pits be examined
Is the wheat produced used by the
people, or is it tied up by capital?
All things can outlive their useful
ness.
The scheme of consolidating small
sums to make capital to cope with CAPT
tai may have brought some prosperity
to the country until trusts assumed the
same power as. capital. Today trusts
are masquerading capitalists.
/ Trests are no more useful to the peo-
lple for the reason that they have no
consideration for the living factors of
which they were originally composed.
To reduce the cost of living it is
necessary for trusts to disband.
| That the continued prosperity of the
country demands the doing away with
trusts should be recognized by the
heads of trusts before some disaster
! falls upon the country which will wipe
trusts out of existence.
It is generally known that it is wise
forethought that will order an unsafe
building to be methodically torn down
before it falls and brushes thousands
of people TO the earth.
If the gentlemen who carry on trusts
could devise ways and means which
would reduce the high cost of living
they would insure the prosperity of the
country.
When foodstuffs cease to go to Ell
rope, as they almost have this year, what
will bring the gold back? Only the sale
Of manufactures. Agnes C. Laut
England has for years been "a back
number, and England depends upon its
manufactures.
Let hard times in Europe stop the
purchase of manufactures and without
sale of American farm products, gold
reserves will drain away.''-Agnes C.
Laut'
So it seems a thing of fact that there
must be a gold reserve to keep the coun-
try in condition of prosperity Unless
there is this safeguard at any time there
may be panic, for. as soon as the for
.eign fnanciers know that gold has been
drained away from the country, they
will refuse equitwable interchange
The European bankers will. close down
on American banks, and make them
compromise and compromise until there
is a panic.
As witness to the liability of this
means being used to bring about a panic,
on September "a 1910, dispatches from
New York conveyed the intelligence
that London and continental bankers
refused to accept cotton bills of lading
and would make no statement regarding
the matter"
Panics are not favorable to thep ros-
perity Of any country. Now, why have
another panic?
Without drawing an inference, fnan-
GERS point to the fact that every panic
that has struck America has come after
exactly similar conditions, gold drained
away to Europe from New York banks,
then a sudden expansion in the West,
big crops or railroad construction drain
ing money from East to West; then,
what with gold flowing off from East
to West, New York has gone down be- |
tween two stools in such panics as the |
world saw in 1871 and 1893 and 1907. /
Agnec C. Laut.
Now if the American 6nanciers know
another panic is approaching, why do