The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1911-12-21
The Money Monopoly.

It has been shown that the control of credt-and
absolutsm that respect is aimed at by the very able
leader Of the Money Power. Mr.. Morgan-s the club
by which in time any independent unit OF an industry
can be brought the ownership and control of the
few at the head of the Money Power When all the
units OF industry have been brought under this con-
troll the monopoly that results such unlimited
power as under all ordinary circumstances to exclude
any independent business man from engaging in that
particular line
Industry productive and distrbutive broadly speak
ing is separated into great subdivisions. They
manufacturing and agriculture.
1t is plainly evident that tho Money Power eventual
ly will control all lines Of manufacturing industry No
one doubt II there Is to destroy the gigantic
power Of these few men, that the monopoly Of all
ufacturing enterprises inevitably will follow.
How about the other great subdivision Of industry.
agriculture? VIII It, too, come under the control OF
these men1
Tho last census Of the United States shows that in
the older states individual is ncreas
Ing number Of farm is decreasing and the
number Of tenant farmers is increasing The trend in
agriculture therefore, is towards the consolidation OF
the present size farms into larger units with fewer
who not caring to undertake the practical work
ing Of their land. turn it to tenants share work
ers.
Despite the incentive Of very high prices for farm
products due, in measure. to the OF in
creasing population food production. the average
yield per OF farm products shows very little in
Most OF what increase has been effected is
traceabe the efforts OF those farm who them
selves manage their lands and apply the principles
scientific farming. The dead weight has been the
and inefficient tenant share system farm
ing under absentee ownership and the inefficient
er-farmers.
The efficient farmers those who apply the princi-
pies scientific agriculture to their work. have been
handicapped by the lack OF sufficient efficient labor
Through this their efforts have been minmized
The other day pillow pulled by three power
tractors the entire outfit being handled by men,
turned nftyone burrows at one time At the
travelled plowed four minutes
seconds And there in this newest and greatest achieve
m.nt in agricultural machinery. is the answer to the
efficient and scientific farmers problem OF getting labor
The that outfit doing the of fit.
tone and the three tractors that of
dred and two horses in the ordinary walking
plow In other words the real machine age agricul
ture is approaching. the in which farming oper.
atoms will be conducted scale with eff
Client farmer managing large tracts land But with
the machine will the necessity Of the farmer
who wants to possess tho equipment without which
there will be profit in agriculture. becoming
rover OF money Just the credit age manufacture.
ing arrived 30 will come the credit age agriculture
The farmer. then. will borrow his money of the
Ho1ag Powee.
He vim buy HI nachinery Of the manufacturing in.
A1stsses ssatsusl ~ he Money Power.