People's Pilot, Volume 4, Number 19, Rensselaer, Jasper County, 26 October 1894 — Break the Gold Monopoly. [ARTICLE]

Break the Gold Monopoly.

The money of the world has been pu„ on a gold basis, and gold being limited in quantity, has beem monopolized and doubled in exchange value, the purchase value of all money doubling with it. Hence the returns to the capitalist are twice what he bargained for; the burden on the debtor twice as heavy as that he had agreed to bear. The process has profited the money lender mightily, but has brought the producer, whether he be a farmer, mill operative, or great manufacturer, to grief. The tribute which has been extorted by the gold monopolists has deprived every purchaser, big or little, of his profit. To break down the monopoly of gold it must be done despite the resistance of those who are profiting by it. If the nation waits for Wall street and Lumbard street to acquiesce it will wait forever.—Chicago Times.