St. Johns review. (Saint Johns, Or.) 1904-current, 1914-08-21
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-
gressman.

The wealth OF the United states l'
estimated at t120.0o0. 100000. That y
$1,000 for every man. woman gud chiiu
No other country IN the world mas =,
much wealth. But how u II dlviae9
Seventy per cent of this wealth Is
owned bv 10000 men. leaving onlJ
30 per cent for the remaining ss'sOO,'
GOO people In other words, Two
tonths Of per cent oi the poPui".s =, NJ ,,,.
owns 20 per cent Of the wealth me
pleiu arithmetic OF the situation N
That we are u nation Of slaves. Our
necessities make uH such. Iwo thlhgs
mako slaves, necessity aud fear.
''Yhr empty dinner bucket H. nov
potntod out as a reason why we should
Withdraw further resistance 70 we
money power. The agents Of plu-
tocrecy told me before lefI weshii vesi,ii
this year yield TO the 'bread-ahu
butter argument and return them u
fuii control OF the Legislative machih.
crv of the government. did hpl
believe them then. DO not believe
them yet.
There are $50 congressional districts
in this Union The members RON the
other districts are watching the con-
test In this district N we WIN mere
this year Il will be . tremendous vic.
tory. II VIII be "a demonstration that
"a congressman can serve the pupllc'
defy the money power, ana stlll ie,aii, ,',,ii
tho authority OF the people 10 vote and
sneak for them IN the national legiH-
iaturc. il will mean the beginning oi
the end II will mean that conplet,
victory for the people is w slgnt y
will mean that the ,goyernmen, tnat
our fathera suffered for at valley
Forge and fought for at Brandywlne.
IA going 20 be put back Into the hands
of their descendants.
We have been made a nation OF
serfa aud pauperR In two ways; First,
hv over capitalization Of public utility
corporations aud the collection OF mi.
lions annually from tlie people 70 pay
tiOu. SECOND, by a system OF dupll.
eating deposits. aud the loaninR OF
billions of dollars that did not exist 10
farmers aud business mon, ana by the
collection OF millions of interest an
uuhlly upon the "credit 80 loaned.
These are the methods by which ~"
money changers have robbed those who
toll and gotten ull the wenlth INTO tho
hands Of "a few.
,Whnt iA the remodyf II IN simple
enough. ~ the facts can but once be
placed before the people and they VIII
put men IN congress who wiz serve
the public Lot the government and
the municipalities take over the public
utilities az their physical value. ana
thereafter furnish the service to the
country at cost. and lot the govern.
mont Issue agricultural asset currency
aud loan it 10 tho farmers at very
small rate Of interest on first mort
cages upon their farms not OK ecdlng
Do per CONT ~ ANN hNAlAAHANNfh NNAMN
thereof and the money power VIII
no longer h. able To rob our people.
The total amount OF money Ia the
United States today IL $500, 100000
or t3b per capita Yet, the farmers
alone have borrowed th,OoO,OOO,O0O. In
other words. the farmers alone have
borrowed nearly three times aH much
money as there ~ In existence IN the
United States How " II posHibluf
The money power IL simply loaninE the
farmers credit" loaning them money
that 10 not la existence aud collecting
q per cent interest ou a. The farmers
are paying interest annually amount
cost ~ the Panama canal,
Give the country an honest congress
ana one that n not afraid, ana every
man who works VIII be able To make a
good living. take vacation each year
ana lay by something Tor his old nge
besides The idea ~ an able bodied
man. In a country like this, being com-
PEELED 10 work for his board and clothes
an his life. AZ nine-tenths OF ua are
doing. ~ ridiculous ana absurd, 10 In
they stand FOR n IN this district.
- have bin pending for agricui-
tural asset currency. I also have
hin pending FOR public ownership An
the District of Columbia. the only city
that congress has lurindiction over
Ny hiil was tho first ever introduced
tor public ownership Of the street rail-
ways IN WRshlngton. since it was first
introduced similar bil. introduced
hy Robert croaner OF Cleveland. ohio.