St. Johns review. (Saint Johns, Or.) 1904-current, 1914-10-30
A NATION OF SLAVES
LESS THAN ONE PER
CENT OF POPULATION
OWNS SEVENTY PER
CENT OF WEALTH.
Public Ownership and As
set Currency Necessary to
Break Strangle Hold of
Money Power, Says Con-
gresham.

The wealth OF the United states is
estimated at s12O. .000, 100000 That is
1920 for every man, woman ana cnliu
No other country In the world mas &c
much wealth. But how Is 1t diviSeeq
owned by 100000 men. leaving. only
so per cent for the remaining 99,sOO,-
600 people. In other words, Two
owns 10 per cent OF the wealth. The
plain arithmetic OF the situation is
that we are a nation of slaves. our
necessities make us such. Two thlhss
make slaves, necessity ana FEAR.
The empty dinner bucket is now
pointed out as a reason why We should
withdraw further resistance 70 tne
money power. The agents or pin
tocracy told me before | left Wash.
inston that my fellow. citizens would
this year yield to the 'bfoau -anu
butter argument" ana return thom 10
full control OF the legislatiye ia maacnIn,, IN,
believe them then. do not believe
them yet.
sThere are 4s6 congressional districts
In this Union. The members from the
other districts are watching the con-
test In this district. If we win here
this year Il will be "A tremendous yic-
tory. II will be a demonstration that
a congressman can serve the ,i pnpn', p,a,s
the authority of the people to vote anu
speak for them In the national legis,
iature. IL will mean the beginning ol
the end. IL will moan that complete
victory for the people is In sight. II
will mean that the government that
our fathers suffered for at valley
Forge and fought for at Brandywlne
IL going to be put back into the nands
OF their descendants.
We have been made a nation OF
serfs and paupers In two ways; FIRST
by over capitalization OF public utility
eorporatlons and the collection OF mil
lions annually from the people To pay
dividends on this inflated capitnllka-
tion, Second, by n system OF dupli-
eating deposits, and the loanlng OF
billions OF dollars that did not exist to
farmers and business men, ana by the
collection OF millions Of interest an
nually upon the credit so Loaned
money changers have robbed those who
toll and gotten all the wealth into the
hands OF few.
what IL the romedy7 II Is simple
enough, ~ tho facts can but once be
placed before the people and they viii
put men In congress who VIII serve
the public. Lot the government aud
tho municipalities take over the public
utilities at their physical value. aud
thereafter furnish the service 20 the
country at cost, and let the govern
mont Issue agricultural asset currency
and loan II 20 tho farmers at very
cages upon their farms. not exceeding
20 per cent OF the unimproved value
thereof, and the money power VIII
no longer b. able TO rob our people.
Tho total amount OF money In the
United States today ia $500. 600, ,00J,
or tsb per capita. Yet, the farmers
alone have borrowed $4,000. 100000. In
other words, the farmers alone have
borrowed nearly three times as much
money as there IN In existence In the
United States How IN II poRaiblo7
The money power ia simply ioaning the
farmers credit" loaning them money
that In not In existence and collecting
8 per cent interest on a. The farmers
are paying interest annually amount
ing TO $500. 900. or more than the
cost OF the Panama canal.
Give tho country an honest congress
and ono that IN not afraid. and every
man who works will be able TO make
good living. take vacation each year
besides. 1he Idea OF an able bodied
man, In country like this, being COM
PEELED 10 work FOR his board and clothes
all HIS life, as nine-tenths OF ua are
doing, IL ridiculous and absurd, II is
an outrage. The voters are idots N
they stand for II In this district
81 have bill pending for agricui-
tural asset currency. l also have a
bill pending for public ownership in
the District or Columbia. the only city
that congress has Jurisdiction over,
My bill was the first ever introduced
for public ownership OF the street rail
ways IN Washington. since II was first
introduced a similar bill. introduced
by Robert crosaer or Cleveland. Ohio. !