St. Johns review. (Saint Johns, Or.) 1904-current, 1914-08-14
A NATION OF SLAVES
LESS THAN ONE PER
CENT OF POPULATION
OWNS SEVENTY PER
CENT Or WEALTH.
Public Ownership and As
set Currency Necessary to
Break Strangle Hold of
Money Power, Says Con-
gresham.

The wealth of the United states ~
estimated az $780, 100000, 900. Ihgt "
$1,000 for every man, woman ana cnilu cn
10 other country ia the world mas ~
much wealth. But how Is it dlyiae9
sovantv per cent OF this wealth Is
ovnnd nv 100000 men, leaving only
9O per cent FOR the remaining sB,sOO,-
600 people. In other Woruh. w., ~,
fenths of / per cent OF the popula ton
owns 40 per cent OF the wealth. The
main arithmetic of the situation Us
ibef we are "a nation of slaves. Our
necessities make ua such. Two thlhss
make slaves. necessity ana rear
".rba empty dinner bucket Is now
pointed out ns reason why we should
withdraw further resistance 70 w
money power. The agents or DIV
tocracy told me before . i, W,,ori5
thls year yield TO the "bread-anu
butter argument" and return theni ~
fuii control OF the legislative mschlh,
erv of the government dld NOT
believe them then I do not believe
them yet. ,,,.
jThere are 43G congresslo lonal districts
in this Union The members from the
other districts are watching the son-
test In this district N we win mere
tIIs year IA will I've tremendous vie.
tory. N will be a demonstration tnh'
"A congressman can serve the puDllc,
defy the money. power, and still IetaiI,
the authority OF the people TO vote anu
speak FOR them IN the national legs'
iaturc II will mean the beginning o.
The end lt will mean that coulplet,
Victory for the people " IN slgnI
viii mean that the government. mat
49, Fathers suffered FOR at valley
irorps and fought for ut Brandywin,
IN going TO he put back Into the hanuH
NJ their descendants.
We have been made nation oi
serfs aud pauperH In TWO ways f!rst
bv over capitalization Of public utillty
"orporations and the collection OF mil'
lions annually from the people 20 pay
dividenda ON this inflated capltsllzs,s,
lion. second, by system OF dupli.
eating deposits. and the loauing OF
hIiiions of dollars that did not exist to
farmers and business men, ana bN 'ho
collection ~ millions 81 inteiehl ,t ~
rbegs are the methods by which thr
money changers have robbed those who
Toll aud gotten all the wealth INTO the
hands OF few,
.no,tgh. if The facts can but once be
pincpd before the people ana thcy VIII
nut men in congress VINO VIII HeIN
the public. Let the government nnu
the municipalities take over the puhlig
ntiiitios al their physical value, aud
thereafter furnish the service 10 the
country at cost, nud let the govern
mont issue agricultural asset currency
and loan it to the farmers AZ very
ANAL rate of interest ON first mort
unrea upon their farms. not oX eedlng
bO per cent OF the unimprOvcd value
thereof aud the money power VIII
no longer ~ able TO rob our people.
Tho total amount OF money In the
United StnteH today III $500. 600, ,00l,
or tab per capita. Vet. the farmers
nion. have borrowed $4,000, 100000, IN
other words the farmers alone have
borrowed nearly three times an much
money RH there IL Ia existence IN ~,
iinitcd states How N Il possible
Tho money power In simply loaning the
farmers credit" loaning them money
that In not In existence and collecting
4 por cent interest on u The farmers
are paying interest annually amount
ing 10 SbOJ, 900. 600. or more than the
cost OF the Pnnama canal,
Give the country an honest congron,
and one that IN not afraid, ana every
man who works will be able to make y
good living, take vacation each year
aud Law by something for his old aR'
heaidos The idea OF an able bodie,
man. la a country like this being com
peilod To- work Tor his board and clothes
all his life. as nine-tenthH OF uH ar'
doing, w ridiculous and absurd. IL u
an outrage. Tho voters are idota n
thov stand for II In this district
- have bill pending for agricul
tuful asset currency. l also have D
bin pending for public ownership II
the District or Columbia. the only cit,
that congress has Jurisdiction over
MY bill was the first ever introduced
fur public ownership Of the street rail-
WAYS IN Washington since u was fira
introduced similar bill, introduced
hy Robert crosser or Cleveland, ohio