Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1911-06-01
SOCIALISM SAYS

That public ownership of the rail
roads operated at labor cost with the
dishonest dollar of 23s grains of gold
knocked out, because of what is known
as its intrinsic value will result that
exchanges may be more cheaply made,
or made in the interest of the whole
people.
That instead of borrowing all the
money needed for exchange and sad
ding an everlasting interest bearing
debt on the producers flor they pay
il ALL let the producers of our country
seize the reins of our government anu
make what money we need for eA-
change. as we make postage stamps
and quit paying that, We are fools
enough to longer continue coming
money and turn it over to speclal
few and pay them to take it. Thls
would kill interest and profit or Knock
two of the largest holes in it you ever
saw.
Own the machinery which labor has
made and which is but the product OF
civilization and which is but the pro-
duct of civilization, and justly and
rightly belongs to society, operate II
to produce things for use, and yon
NAV sing goodbye to hardtimes and
farewell to those soft-handed, pleasure
seekers who have been on the backs OF
the Lonest producers so long.
The labor to produce an article, plus
the labor cost of exchange, is what is
necessary under socialism for one to
own the article.
The brain OF the producers is great
enough to devise plan by which our
exchanges will be made without a DOL
lar. as we know it, in the world.
None but the ignorant would expect
the producers to go ON producing, and
allow the capitalist to take the lion
share forever.
This old robbery will cease, boys,
inst as soon as we learn the trick and
there is about thirty million of us VINO
have our eyes open at last.
The exchange under Socialism will
be much easier than now as the capt.
talist will make no exchanges for you
without the gold and they have it all
so that you must borrow and pay in
terest before you may ask any ex-
change. Under Socialism those max
ing exchanges for us would take pleas
ure in doing so as that would be thei1
part in production.
Suppose, then, that the labor cost OF
producing a hat to be 80 minutes ano
the labor cost of exchange to be J,
minutes. the cost of the hat would be
I hour. This would necessitate only
time check similar to which all th'
trusts and combines of wealth now us'
in lieu of money. Money we do mo-
need for any purpose unless it would b'
to perpetuate an idle class forthe work
ers to support.
What is the real thing exchanged
ANYWAY, if it isn't labor power. | can
not, nor can any man predict VIVA
will be used as medium OF exchange
whether labor certificates, pass book
or even "Wild Vests punch outs
but one thing sure, whatever is user
will come into circulation because la
Dor has been performed. They will g
out of circulation as they are surreno
cred for goods to be used. They vii
make a record of production in one In
stance, and record of CONSUMPTION i
the other. Can you catch on?
The amount of effect exchanges WI
denend on the amount of labor pei
formed. The amount any laborer coul
buy would depend on the amount pre-
duced. If he produces nothing or doe
, no useful labor to obtain labor chec
+ he would have no just claim on any
, thing in store Say, boys, can't 20
, see the point YETI The fellow VIII
!, don't work won't be in it. Are 20
, willing that he work or starve, II
vote and work for Socialism. In
more you learn about it the bette
|, YOU like it is why we are growing
fast.
If you could trade at your own stol
as your own merchant now trades wit
8 himself, don't you really think 20
! will like it? You could see the tots
9 labor of all the workers when 20
, walked into this stole, and know toe
q tt at the only measure of value In eac
article, was its labor value, and
take an article, you must furnish ev
q dence of equivalent labor. Then lab
v will not only be crowned king, but
~ will be king.
Il Remember that whoever labors al
r produces an article, he has put part
10 his life in that article and wherev
You see articles in the market, "
may declare there to be part OF son
human life. 1t then, is human IL
which puts goods in the market al
under Socialism, labor or human II
can take them out. In other wor
only those VINO put part of their liv
IS into articles could ever secure som
r thing of life in the form of goods.
le Say, Brannan, that would force
ie cry man to work would it nots
< Yes sir, he must work or starve.
Id Then l am for it first, last and all t
he time for [ have been wondering