People's Pilot, Volume 6, Number 34, Rensselaer, Jasper County, 11 February 1897 — Page 2 Advertisements Column 1 [ADVERTISEMENT]

Let the banks give security or receive no deposits. All money is created by law, and is therefore fiat money. There’s plenty of prosperity for the fellows who don’t need it. Thump the place-hunters as fast as they stick their heads up. It is the men who loan money that desire to control its volume. Government should do all the governing and part of the banking. Educate the people on the principles of Populism and the laws will follow. Thirteen persons committed suicide in St. Louis on the last day of the old year. If the Republicans fail (which they will), why not give the Populists a chance? It is not noise that convinces the judgment; neither is it eloquence, hut clear-cut logic. The dangerous person in politics is the one who persists in calling things by their right names. The money power is more dangerous to the liberties of the people than all other things combined. The way he National banks are failing don’t look like it was the “best banking system in the world.” One of the tenets in the creed of plutocracy is that the man who does the most work shall receive the leasl for It. Improved methods of production should shorten the hours of labor instead of creating millions of idle men and women. The trusts and corporations prosper under Democratic and Republican rule, but the people would prosper under Populist rule. The so-called money of ultimate redemption is a fraud. The only redemption money, needs is that in which it is received for the products of labor. A still hunt campaign now for the next three years will accomplish wonders. Every populist should help extend the circulation of populist papers. Bradstreet reports losses by business failures for 1896 at $248,000,000, which is an increase of 16 per cent over the year 1895. And the gold standard mill grinds on. The Caucasian, Raleigh, N. C., offers the democratic members of the legislature of that state for sale to Mark Hanna fer the election of a United States senator. Every National bank note represents a double rate of interest which the people pay, while a greenback should represent no interest and yet be a safer currency than the bank note. The great dailies having exhausted their resources in guessing who would be chosen in McKinley’s cabinet are now printing the names of some of the “Faithfuls” who will not be in it. If it is to be a part of our business creed that the “fittest shall survive," an important question is, who is the fittest —the man who produces by his labor, or the drone who appropriates it through his gall? At last the bloodhound has scored a great victory. Robert Laughlin was hanged at Brooksville, Ky„ the other day, and the detectives who ran him down were two dogs. V/hen confronted with the evidence of these mute witnesses the murderer confessed. The school book trust is one of the evils that merits the opposition of every honest man. The state should look after this matter, and as every state has a school fund, a portion of it might be used profitably in publishing its own text books and furnishing them free to the pupils. At any rate, the power of the trust should be broken. Chauncey Mouth Depew says that in the recent election “honesty and patriotism won.” It is not stated whether this was said in an after dinner speech or not, but if Chauncey perpetrated it as an off-hand joke it is a good one. Money carried the election and the men who furnished the money were the big. gest tax-dodgers in the world and in case of war would, every mother’s son of them, hire a substitute. “Honesty and patriotism!” Oh, Chauncey, you’re a good one.

John C. Calhoun, on e of the ablest statesmen and best constitutional lawyers this country ever had, was in favor of irredeemable paper currency, baaed simply on its receivability for taxes and other dues to the government, and bid defiance to any man to show wherein it would not be the best paper currency that could be issued. Tbomas Jefferson also contended that such a currency would take the place of that much gold and remain at par with j that metal. But the bankers object.