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NATCHITOCHES POPULIST Subscription $1.00 Per Year, There is No Free Country, Unless the People Rule. Price n VOL. V. NATCHITOCHES, LA., NOVEMBER 4, 1898. 9 THEGREATESTSPEECH OP THE GREAT STATESMAN HENRY CLAY. Thea Evils of Currency Contraction-Re publicans Are Fond of Quoting Clay *on the Tariff-Let Them Quote Him on the Money Question. In 1840, during the subtreasury de bates, Henry Clay clearly stated the ethies and economics of currency con traction and expansion, as follows: 'The proposed substitution of an ex clusive metallic currency to the mixed medium to which we have been so long familiar is forbidden by the prin ciples of eternal justice. Assuming the currency of the country to consist of two-thirds paper and one-third met al, and assuming also that the money of a country, whatever may be its com ponent parts, regulates all values and expresses the true amount which the debtor has to pay his creditor, the effect of the change upon that relation and upon the property of the country would be most ruinous. All property would be reduced in value to one-third of its present normal amount, and every debtor would in effect have to pay three times as much as he had contracted for. The pressure of our foreign debt would be three times as great as it is, while about $600,000,000, which is about the sum now probably due to the banks from the people, would be multiplied into $1,800,003,000. "Have gentlemen reflected upon the consequinces of their system of deple tion? I have already stated that the country is borne down by weight of debt. If the currency be greatly di minished, as beyond all example it has been, how is this debt to be*'xtinguish ed? Property, the resource on which the debtor relied for his payment, will decline in value, and it may happen that a man who honestly contracted a debt on the faith of property which had a value at the time fully adequate 4o warrant the debt will find himself stripped of all his property and his debt remains unextinguished. The gentleman from Pennsylvania (Mr. Bu h&hana) has put the case of two na tions, in one of which the amount of Its currency shall be double what it is , n the other, and, as he contends, the prie: of all property will be double in Yth formet nation of what they are in S the Wlter. If this be true of two na i tlons, it must be equally true of one Ihose circulating medium is at one 1 i jo4 double what it is at another. yýY , as the friends of the bill agree, : Wer have been, and yet are, In this in ,.-isted estate; our. currency has been o. , or in something like that pro of what was necessary, and come down to the lowest Do .they not perceive that ~! 'rtt ie rain to thousands must be. t: i le.W itable consequence? A man, as aaimple, owning property to the ai. . of $5,000 contracts a debt of i 1!". By the reduction of one-half 'it 1e ,currency of the country his in eltect becomes reduced ,to a~ilueof 1$2,500. But his debt an '''. s nUo correspondifg reduction. ~~b ·vs up all his property, apd re nin deBt 2,0oo0. "Thu- this will operate on the debtor l thl nation-always the weaker - u!tt that' whleh for that reason tug th-j rteeton of the ovur kho t at this rerI money tc thslbovr an esg inter -I b:eqane more d1faelt, borlewrasseswill be subjected astua prIvations and dis *IB t th reinedy to be pro* ibt t liasppy state of the I.lta atwa eosst freely yIth af th' PhiladelphiS dom at teast potitltel work t.4. -without feel the as tpirin-' Xwid~Lm4~N~ t is with #~ir;,,, - h at i a Ito bsr shall )Jr ?bP YOU.h ii:i~~~·~lt6ir bnt *ciF~ii~~~ t4 ~~rabiii~itE be 3 .~·~i:.·ili~als~ 4 '4al animal in an exhausted receiver, and q that it must expire in agony if he * does not pause, give it free and sound circulation and suffer the energies of the people to be revived and restored. : Tell him that in a single city more : than bankruptcies, involving a loss of upward of $15,000,000, have occurred. Tell him of the alarming decline in the value of all property, of the depre ciation of all the products of industry, of the stagnation in every branch of business and of the close of numerous manufacturing establishments which, V a few short months ago, were in active and flourishing operation. Depict to him, if you can fnlud language to por tray, the heart-rending wretchedness of thousands of the working classes cast out of employment. Tell him of the tears of helpless widows no longer able to earn their bread, and of unclad and unfed orphans who have been driven by his policy out of the busy pursuit in which but yesterday they n were gaining an honest livelihood." c THEDEMOCRACY WE STANDFOR i Home Rule In Finance. The Democrats of Missouri, in state convention assembled, re-indorse the Democratic national platform adopted at Chicago in 1896, and especially do we renew our demand for the free and unlimited coinage of silver and gold at the present legal ratio of 16 to 1, without waiting for the consent of any other nation, and this demand we es pecially emphasize at this time by reasserting our belief that the money question is and will remain the most important of all political questions af fecting the prosperity and happiness of our people until it is finally settled by the restoration of bimetallic coinage in accordance with our demand. And we hereby declare our confidence in the ability, integrity, statesmanship and patriotism of William J. Bryan, our great Democratic leader and choice of the Missouri Democracy for president in 1900.-Leading Plank of the Mis souri Democratic Platform of 1898. Democracy Against Plutocracy. We call attention to the fact that the Republican party has failed to en force the anti-trust laws. The 1,000 men said by statisticians to control over half the wealth of the country have taken complete control of the Repub lican organization and are using it as a political machine, regardless of the welfare or the rights of the people. .Regarding trusts and combinations in restraint of trade as evils of the great est magnitude, and as organizations of this nature not only continue to exist, but multiply in numbers in defiance of law and public sentiment, we demand that such laws, both state and nation al, be enacted as will certainly result in suppressing them.-From the Mis souri Demnocratic Platform. Threvery Among the Causes. From the New York Times: Ship captains and transportation agents are not fools, the sons ..of somebodies are of average intelligence as a rule, and the national guard officer is usually successful in business. It is absurd to think that what these men do not know they cotid learn in time, and in a short tJne, at that. Any thoughtful observer of current events is bound to conclude that plain, ordinary theft is playing no small part in the daily rec ord of army horrors. NOTES. The $200,000,000 in gold held corner ed in the treasury would have paid all the expenses of the war without bonds or war taxes. But we have both bonds Sand war taxes to prevent this hoarded gold from elreulating. / Hn. Champ Clark is talking as if he meant something. Let him keep ithat u1P and fle will be great. Tqe cotmutry is suffering for men who mean somethitg and are not too cowardly to say what they mean. The war is over, but President Mc KlIley is still holding $200,000,000 in g'old In the treasury and the distribu tion of bonds goes on. Whatever puts up the price of gold puts down the Sprice of *heat. - The Spanish war being over, the coUnrtry Will proceed to declare war on I the Hanna campaign-distributing l thieves who did our army more dam r n e in the'rear than the Spaniards did I The army contractore rob the treas S rt, tn a peandalwts way, but the rob biof locking millions of gold in the __ t while selling bonds to get d tfgold is atill more scandalous. I :et ,tq'srmr. Eabrbn get on his hdaV pa of iten to one cQwhide Thre ii a numiber of ra-s. Lse pretnerea i politice who t VIji ae to be kicked out shortly. ;.."., a. aeeco -aage it e c*rY @ol pealnat in the 'P "' : -- '"' " .. " * " °' :. . '" - ,S ":; ./" ..':. . -. I! " •, FUST1111!PtllTSll 11 !!!!!R!11ll t41111111i11111 11 ý111 POPULIST POINTS 7tll1ti1Ullililiiilllitii!ltliltillttllrnlul11utrrrurc i FIRST FATAL STEP. ti WHICH LEADS THE WORKERS U' TO POVERTY. p1 The Monopoly of Money Prevents the Redistribution of the Net Profits of s Labor and as a. Result Poverty Ap- ti pears in Society. tf Were it not for two or three trifling seeming errors, every state or society might live for ages under perfect g equality. In the settlement of new a countries I have often observed this. n At first all are poor, busy and con tented. The whole life of society pro ceeds under four heads. First, mak ing; second, carrying or distributing; third, consuming; fourth, redistribut ing. In the new society all the net profits are redistributed as rapidly as possible and therefore all are em ployed. t Ere long a few families have no need to spend all their surplus on improve ments and begin to hoard it up. Were d they to lend it out, a competition in this business would put interest down d to merely nominal. In time a bank is started and they all hoard in banks t by depositing. This enables the bank to lend out a portion of the net profits and exact a large income by usury. There is no longer any redistribution of the net profits of labor. Money, one of the great factors of distribution, is monopolized. Interest begets interest and redistribution is throttled. It is on redistribution the first assault is made. Presently several families be come poorer, are distressed and part with their land. Then landlotdism begins and rent aids usury to still farther depress redistribution. The 1 idleness and poverty among many be gets crime and the community is put to great cost. I Now to prove my theory, just glance at these few states where this first at tack upon redistribution has never been permitted, but has been avoided. Take Appengall, Switzerland, where f there is not one poor person, where the people are more crowded than elsewhere, some 500 per square mile,. I and where every family occupies what we would call a palace. Again, just suppose a case. Imagine a perfectly equal, prosperous, busy state, all the profits of labor are rap idly distributed, nothing carried out never to return in any shape. Now, e suppose that the government takes all the net profits in taxes and spends I every dollar abroad. In two years that y state must be plunged into distress. D The whole society *ould become pau t perized in time without a single ex 1 ception. Suppose the government l spent the revenue on its officials and , parasites at home. Then all would be s impoverished save those so favored and their servants and on hangers. Now what is the difference whether this absorption of all the net profits is done directly by the government or indirectly by a custom of the people themselves, such as hoarding it in II bank so ,as to enable a portion of it a to be used to rake more off from , labor? Only in this latter case it all d goes to a few among themselves. The point I make is that this whole if disease, called poverty in modern so p ciety, is due entirely to the assault Smade in the fourth process of the so Scial state-redistribution, and it grows Sfrom small beginnings like.the cancer or the avalanche. All other evils grow out of tho inequality it causes. Can we think lof one but has come Sfrom the overgrown power or greed or Scrime, etc., that are the offsprings of this? CLARKE IRVINE. CURRENT COMMENT. e In every state not controlled by the Populists state issues alone should be sufficient to give us large majorities; Sin states controlled by' corporation owned Republican politicians, state is sues present a sitill stronger Populistic Sargdment; and iln the doLntry gener ally national' issues should induce the people to support their own ticket Sthe People's Party ticket. I -every one of 4e Western states Sserved by Populist, Silver Democratic Sand Silver Republican officials, some ,good has tieengaiped by the change. Taxes are 1es,i the public beri1ice is better, a. begtlning has been made in curbing the power.-of monopolistie cor , porations,and btepiublican robberies of * the public trea/iries exposed and the, ir thieves jledlot Therest isn a.pparent d apoaition in . tyaorthwest toD lretr the old Ip' on O~!~~· *OS~ Ig 4~4;p the monopolists, who packed conven tions, instead of the people who paid their salaries, and to loot the treas uries as a crowning proof of the stu- co pidity of those who elected them term after term. The voters of the Northwestern states have had a large experience with I the railroad lawyer as a political dic- - tator, and have deposed him for good and all. The states further east that are still eve governed by railroad and trust lawyers s. and other hired men of corporate Be monopolies are not to be pitied. They By, frequently have the chance to vote for different men and different conditions, Re and they will soon grasp their oppor- Su tunities. da W Of national issues the money ques tion is of the most actual importance, followed by direct legislation, the transportation and land question; but there is a disposition to make a lead- M ing issue of "Algerism" long enough Ti to punish the corrupt and criminally T1 careless officials who have done to death our volunteer soldiers in pest isi camps. This is an issue that will not L' down, and unless the great and small St Algers are driven from public place p. the general wrath, will center against - McKinley. PERCY PEPOON. A Fair Exchange. Every citizen of every city depends on the farmer for the means of life could not live a week without the re suits of his labor, says the Appeal to Reason. The farmer is not dependent b on the cities--he lived before they were, but none existed before the farm er, in this or any oher land. A farm- b er is therefore the most essential mem ber of society, deserving the greatest reward for his labor, and would get it if he were not such a dupe and fool. A farmer wilf work late and early in sun and rain to produce a crop, Then putting twenty bushels of corn in his wagon he will drive ten miles to market and get $5 for his load. This load represents several days' labor, the capital' on his farm and tools and his experience of years. When a farmer goes to the city and wants a hack from the depot, an hour's t ride will cost him $5. In other words, I he exchanges several days' labor for one hour's labor. It is not the hack driver who gets it. He is a very pau per. It goes iato rent, taxes, insur ance, licenses, transportation and a t thousand other robbery channels. All this .can be remedied by a social sys tem that exchanges day's labor for day's labor. In other words, it is a t political question, and the farmers and laborers will be skinned until they learn it. Will Be Owned by the Public. t The time is coming in this country d when every public necessity will be e owned by the public, including water d works, street railroads, telephones, I. electric lights, gas, etc., but it cannot r all come at once, says the Farmers' S Tribune. In this radical change we r should go slowly and become accus e tomed to the responsibilities one at a n time. Before we assume too many t of these important functions, it would n seem to us that a system of direct II legislation should be inaugurated and through that system make the oftficials amenable to the peo le, and give the e people a chance to accept or reflect on any action thant the officials may take. SThis will do much to protect the pub Slie from the acts of a corrupt council Sand will act as a restraint upon those r who otherwise might favor some "cor Srupting measures for personal gain. S Did You Ever ThlakT -t Did you ever think that the only difference between bonds and green backs (practically) is that' one draws interest and - the other does not? Ie it, then, strange that one of these should be chosen by those who would ie rive without working as a medium by )e which to accumulate to themselves the *; wealth others have created? Is it nec. .- essary for me to tell you which medi u nm it is that the money sharks choose ic as their weapon? Don't you think it r- wise, then, for the common people to re insist on the other? Or do you thinli - Abe was a fool? You must take on4 position of the other. And just now you are holding on to the other.-In s dustrial Freedom. e Where the Wealth Goes, e. The average co'nsumption of sugar is, per person in the United States last in year was 641f pounds, or a total for r- the nation of 4,836,000,000 pounds. bf This is controlled by two firms. If ie, they make hbut one cent per pound proft, it means that thse Awo com panies .namssed $48,000,000 out of the in people-'a sum greater than the asees 14ed vealution i.t. some of th statese! FI~·c~lb ~pt f b 1 jl~~dti~~ r le ~1Lklk Church Street, near I!en Bridge, Natchitoches, La. Niew Building9, Now Buggies, Fresh Horses, Experienced Managers Drummers Outfitttd on Short N'. ice. 'Bus Meet all Trains. Horses cared for by tLe day, week or month. Put up with us wLen you come to town. lcest line of Feed to be had. Mc. K. HOLSTON, NATCHITOCHES DIRECTORY. CHURCH SERVICES. Services at the Methodist church every First and Third Sundays at 11 a. m. and 7:30 p. m., by the pastor, Rev. H. Armstroug. Prayer meeting every Wednesday night at7:30 o'clock. BAPTIsr-M. E. Weaver, pastor. Regular services, Second and Fourth Sundays at 11 a. m. and 8 p. m.; Sun day school, 10 a. m.; prayer meeting, Wednesday, 8 p. m. All invited. LODGES. Phoenix Lodge No. 38, A. F. & A.' M.-Simcoe Walmsley, W. M.; J. C. Trichel Jr., Bec. Meets First and Third Wednesdays at 7 p. m. Castle Hall No. 89, Knights of Pyth ias.-U. P. Breazeale, C. C.; Adolph L'Herisson, K. of R. & S. Meets Second and Fourth Thursdays at 8 p. m. COURTS. DISTRICT COUBT. Criminal Term-First Mondays ir, June and December. OIVIL TERM. First Mondays in March and Octo ber. CIRCUIT COUBT. First Mondays iI April and Novem ber. A. E. LxMin. J. B. TuomR., LEMEE & TUCKER, General Insurance, Land Agents, Notaries Pablic , ABSTRACTS OF TITLES A SPECIALTY. Represent FIDELITY COMPANIES. Aoo,,.ptv,,_ a 'Jso..a oi ll Office, Opposite Court House. " Esutabllshed in 1"88 General Insurance Agency, " U. P. BREAZEALE, [Suocessorto Alexander, Hill & Breazeale.] Represents First-Class Companies in Life and Fire Insurance Representing also the United States Fidelity & Guaranty Company, of Baltimore, for Bonds and Securities. Prompt Attention to Business. ::: Country Business a Specialty Office on St. Dennis Street, NATCHIITOCHES, LA. Call on me before placing your Insurance IElsewhere. ,TU. P. Breazeale. LOUISIANA-. STATE NORMAL SCHOOL N athhitoches, La. TRAINING iOHOOL FOR TEACHERS, maintained by the State of Louisiana, offers a four years' course of instruction, English, French, Latin, Mathematics, Drawing, Bookkeeping, History, Lit erature, Music, Natural Sciences, Psychology and Pedagogy; three terms of professional study, one year of daily practice in model sobools. Di plonma entitles graduates to teach in any public school of Louisiana without' examina'ion. Four well equipped buildings, a Ifth now under construction; good lab. oratories, library ad reading room. Grounds of 100 acrer, beautifully lo Iated and improved; excellent health conditiuns and opportunities for physr ioal training and recreation. Dormitories accommodate 200 yonag ladies; gentlemen board in private families. Faculty of sixteen trained teachers; 441 students last session Tuition free to those who intend to teach; total necessary expense $106 for session of eight months. Fall term begins OOTOBER 3, 1898.' PT r catalogue write to '.. B. C. CALD WELL, President Join ML Tucins, Preeident. D. O. ScRasOROouo , SBeretary. JoxR A. BARLOW, Treasurer and General Manager. GIVANOVICH OIL CO., LIMITED M...M anufacturers and Dealers in all kinds of, ... COTTQN : SEED. PRODUCTS Dr. C. Scaborough. H. M.Carver SCARBOROUGH & CARVER, ATTORNEYS AT LAw,1 NATCHITOCHES, - LOUISIANA, Will practice in the District Courts is the Parishes of Natchitoches, Red River and Sabine, and in the Supreme Court of Louisiana, and the U. S. Dis. triot aind Circuit Courts for the West. ern District of Louisiana. 1 17 ly. C. H. PROTHRO, PHYSICIAN AND SURGEON, NATOHITOCHES, - LOUISIANA. Diseases of Women and Children a Specialty. Office on St. Dennis Street. 5 17 ly SAMUEL J. IENRY, ATTORNEY AT LAw, NATOHITOCHES, LOUISIANA, Will pracotice in all the State and Fed. eral Courts.