People's Pilot, Volume 4, Number 6, Rensselaer, Jasper County, 27 July 1894 — THE MONEY POWER. [ARTICLE]

THE MONEY POWER.

How It Has Succeeded In Securing t Gold Standard. The Constitution has never in the whole course of its career made an attack on capital or wealth. Capital, le- ' gitimately employed, is as necessary to the prosperity of the nation as labor. Wealth, legitimately enjoyed, is the hope and solace of industry—the dream of youth and the desire of old age. Thd man who possesses capital or wealth has just as many rights and privileges 1 under the law as the individual who has been less fortunate, or less successful. Just as many, but no more. Combined capital has just as many rights and privileges as the people in their wisdom choose to confer on it. Neither more nor less. Labor is the source, capital the motor, and wealth the sigh of a people's prosperity. Their rights, privileges and interests do not clash with each other naturally, nor with those of the people. It is only when capital seizes the opportunity that the power of money gives it to seek its own aggrandizement at the sacrifice of the interests of the people that it becomes dangerous. , It is then that it becomes the money power that the Constitution has attacked and that it will continue to attack without ceasing. It is then that it becomes dangerous to the people and threatening to the republic. It is dangerous and threatening whether it takes the shape of the gold trust that blocked legislation and brought wreck and ruin to business and to individual ! enterprise by securing the establishj ment of the single gold standard, or ! whether it takes the shape of the sugar j trust that has compelled a majority of the American senate to place a tax of 1 cent a pound on sugar for the sole benefit of the millionaire refiners rep- ! resented by Havemeyer. This is the money power that has ! worked its will during the present congress and that has had the assistance i of men strong in the confidence of the people. This is the money power that has wrecked the prosperity of the people as it never was wrecked before. “The almighty dollar,” says Mr. ! Henry Clews, “must soon assume command.” Has not that which Clews prophesies already come to pass? Is not the almighty dollar in full control at Washington? Is not wealth already in command? Else how could the single gold standard, with an overwhelming majority behind it, have been established? These are things to think about.—Atlanta Constitution.