Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1911-07-27

.s-s ssssza szzlzz.l
cd you for your child 70 use in scho,
by the Book Trust teaches ii to be th
only sgfs dollar This dollar has onI
to do with the market value of an al
ticle and leaves labor value out.
does teach that it is to be the standar
for the settlement of deferred pay
mentss This is to the gold bug's in
terest. It is really the money to i
the people, for the banks of the countr
while they issue the paper currency
collect interest on two dollars instea'
of one As have already "cussed'
this through the columns of the News
/ will leave it for the present by say.
ing capitalism cannot exist without it
metal dollar to aiG it in robbing th
people or could not until they bavi
seized the government, mean Senat
and House and passed law allowi ns
them TO deposit any old bond or bond
they may have issued for this purpose
in the treasury and issue paper certif
Gates to help the great captains il
time of panic. It's grand. isn't it
Now what do you think2 Could any
thing be worsep Is it possible to OBJ
tain anything better? If we cant
thele is no other way out except by
prayer, and if we can't get it that
way we working people are doomed to
death by starvation.
Socialism will end it all and capital
ism will follow its predecessors, slav-
cry and serfdom, and with it, its god
of gold, for Socialism will not need it,
only in the arts. Under Socialism gold
may be had for the labor cost Of obtain
ing as there will be no more profit,
rent and interest.
We have in Tracy City now priv
ately owned coal mine which is opera
ted from one to three days week
Let us suppose Mr.. A., a working
man, Ia "hand" works Monday for
which he is to receive $3.50. With his
days wages. (part of what his labor
produced) be proceeds to the company
store to exchange his wages, (amount
allowed by the company for what
other working men produced and FOR
which the coal Mr. A. produced Was
exchanged, that his family may keep
soul and body together till the compa-
ny is ready to allow him another day 8
work. for God didn't know what hs
was talking about when he said, "Six
days shalt thou labor. =
Mr. A. applies to the bookkeeper,
who informs him, Nothing due you
aYes, ] worked today" s.But the
time boss has not turned in your
time " Mr.. A. then hunts Mr.. Time
Boss, and informs him that his time
must be turned in as he is out Of meal,
etc The time boss goes to phone and
notifies the book keeper that No. $40,
Mr.. A. has one day to his credit, 81. So
MI. A. calls on bookkeeper who issues
lim check, in some localities called
script or runchouts. This is not mon
~ as it bears on its face, "This ticket
IS not issued in payment. but as an ad
vancpinent for accommodations OF the
oeneti ticiary, who by using it assigns an
,qual amount of his wages when pay
lble. /" "Deliver to party. named be-
ow merchandise only for amount of
,oupons attached. Mr.. A. then
walks in company store and sees it fill
ID with the products Of other laboring
nen ard proceeds to take out what the
capitalists will allow him, leaving the
greater share of his life in the COM
any store, and that without cent in
money
If Mr.. A. begins work the first day
II any month and works every day,
10 must wait until the Goth of the next
month before he can obtain cent for
lis work, and not penny of it in
old. Different reasons are advanced
or this but the principal reason is
hat the company may absorb their
wages In profit.
Now, Mr.. aHoss Eye" it is easy
or you to see that this was done with
ut money, and now / want to drop
hought for You and perhaps you al
eady know it, and more. but / gave
! once before and you don't seem to
ave caught it.
1st. The above check issued to Mr..
!. represented days work under
apiSaliem.
Second, Mr.. A. transferred this part
{ his life for as much of the lives of
is brothers as the company would al
wv him, AMI this check having per-
,rmed its mission is destroyed. Then
conclude this to be all the money we
eed. First, it shows that its posses
,r has been producer or been at
ast beneficial to the producers. Sec
nd, it shows that it will exchange for
le products of others, Effect ex-
ranges.
Then money which can only be OBJ
lined by labor and which represents
Dor done and which will exchange
Dor products is all the money we
sed.
When liz nerfnrms thasa two thipoa II