The farmers' union., May 17, 1894, Image 1

About The farmers' union. (Memphis, Mo.) 1891-1895

Image provided by: State Historical Society of Missouri; Columbia, MO

                
THE FARMEtiS' UNION.
S
!
Volume IY.
MEMPHIS, MISSOURI, THURSDAY, MAY lO, IBM.
Number.
t
M. Humphrey's r
Green Front.
10,000
Men,
Boys and Children
to call at my Store and examine my
Mammoth Stock
OF-
Clothing,
which I have just received,
and which baa been par
chased under :i prospect of
a low tariff and bought the
goods away down, the equal
baa never liecn known in
Northeast Missouri. I am
prepared to soil you
GOOD GOODS,
Even below your own ex
pectation. Those
Caps,
Boots,
Shoes,
Mwear,
Furnishing Goods,
AS WELL AS MY
Clothing Stock
Are all Fresh. New Hoods,
and purchased under the re
cent decline in the eastern
market, and, positively, will
be closed out to make room
for another stock, which I
xpec-i to buy in the near
future, even lower than ever
if possible. Call early and
see me if you wish to
Save Money
Remember, Old and Young
Ladies" Shoes and Slippers
a specialty. I am yours as
ever.
M. Humphry,
Green Front,
North Side,
II PtUllhi Mfl
ilxl 1MJJ1UJ, J1U.
THE CRIME OF USURY.
Bev. Thomas Dixon Jr., in 9 seartes
sermons on "The Panic Its Cause
and Cure,'' preached a sermon on
"The Primal Cause of the Panic
Following is the sermon in fall.
The texts were from Ezekiel 12-22
and 7-1 9 in connection with Jermiah
17 11.
"Thou hast taken usury and in
crease, and thou hast greedily gained
of thy neighbors by extortion and
baa forgotten me, saith the Lord
God."
"As the patiidge sitting on eggs
and hatclietb them not, so he that
getteth riches ami not by right shall
leave them in the midst of his days
and at the end shall be a foci.''
"They shall cast '.heir silver into
the streets, and their gold shall be
removed; their silver and their gold
shall not be able to deliver them in
the day of the wrath of the Lord.''
The temptation of the enormous
ly lien to use the well nigh resistless
power of their riches to increase them
still further by wrong and oppression
is something appalling.
It is hard for a rich man to enter
into the kindom of God.
lie is not condemned to hell by the
fact of his riches, but if he ever gets
to heaven it will be by the skin of
his teeth.
Jesus Christ says it is easier for :i
camel to go through the eye of the
needle than for a rich man to enter,
iie does not say that a rich man can
not enter, lie does say that is it harder
for him to be a true man than for his
poorer brother.
The only picture of hell Jesus
Christ ever drew was the hell of the
rich man.
The present panic is a possibility
because of the selfish fear that on
oceasions will dominate and stam
nede a nation. It is a groundless.
ignoble fear and reduces men to the
level of the animal herd.
The stamped is the immediate
cause of ruin People are brutally
and uselessly ami senselessly tramp
led to death. The moment you can
i.Hay this sensless fear and restore
reason the danger is practically
over. While fear and the basest
selfishness are the immediate eases
of a panic they are never is primal
cause.
KNAVE 01! Fool..
A panic always has a first cause.
Some knave or fool must raise the
cry of the before the stampede is
possible. A fool causes a panic fcr
the lack of sense, a knave because
he has an end to serve generally
that end is to pick the pockets of the
herd as they trample on one another.
Was the primal cause of the present
j pai.L' folly or rascality?
The man or men who started it
fool or knave? It seems to me a
perfectly patent fact that the present
panic was produced primarily by a
conspiracy of the great money husk
era of the world's financial centers.
First All the accompanying
phenomena tends to establish this
faet.
It certainly was the product of
artifice not nature. There was
nothing natural about it. It was pro
duced in the face of nature's laudest
protest.
The fertile portion of the earth's
surface is estimated bv geopraphicai
experts at '-'S.209,300 square miles.
j Sun and cloud, dew and wind ami
'rain never kissed the fair face of the
earth with more nassionate love than
; in this present year
of our Lord,
There is no war, no famine, no pes
: ttlenca to speak of. Our fields are
i heavy with grain. Our barns groan
' with plentv. In the midst of this
real prosperity suddenly strikes finan-
cial ruin!
TRICKS AS1 CHIXCASEBT.
had not lost one dollar of the
real wealth of the nation. We are
not today one cent poorer in that
i which really constitutes the wealth of
! the neoole. The conclusion is invi-
' t:llle to an auprejudiced mind that it
I M the work of 80ae knave vbo ,U8 a
deep purpose in the desperate game
hointr ..i.,v..i
trir-T- k J r" o
Such a panic could have been pro- found that the location had been ig
duced by human trick and chicanery, norantlv made upon an immense field
Is our national prosperitv real? No i
man can dispute it successfully, the continent. To make observation value of the silver held by the popa
Tlu n the panic was fictitious. It ! on the present status and ignore its j la 1 i on of India. A more flagrant net
was manufactured to order. It was primal cause is simply to take your j of public plunder has never been
done with malice forethought, and it reckoning from a shifting base and ; committed by a civilized government,
has in it all the elements of the deed I ignore the continent. The result has been a convulse!
of Cain. THE PUBPOSE of tiik OXSPIRACV. j financial situation from China to Pen
Nut only is the panic a con Iridic- j second aucn a conspiracy i n uie repeal uy uie .vmeucaii eon
tion of nature, but the method of its manifests itself in the purposes sought gress of the Sherman act should be
approach gives inevitable signs of ' by the present agitation. come inveitable, it would be partly j
its true origin. There was a con- It has been apparent from the be- due to the error that has been com-
eerted action of a certain coterie of
meat monev buskers throughout the,
world. Tfaev be?in without cause
. r
save the secret decree of conspiracy
to call :n their loans, to refuse ap-
plication for money from the best
security and in everv way -contract
business. They issued a year ago
certain secret financial bulletins to
...
the lesser lights, giving them warning :
to follow in the foot steps of their ! successful manipulation of the lulling j just made by the chancellor of ex
masters, j powers of the public opinion and gov- j chequer was virtually a sneer at the
Through their organs of news ernment thev succeeded in closing ; present financial situation. For the
throughout Europe and America they the mints of India to silver. j chancellor of the exc chequer to get up
exaggerated systematically every Their next movement was against Und tell the country that he regarded
bank fed ure that could possibly fur- j me m0ney of America. They de- with absolute indifference what hap
ther the end of a stampede. They d 1 ,. ,)C!ll of Uie s;iver pur ! pened to silver appeared to him to be
began the hoarding of monev. forced
those dependent upon them to do the
same and frightened those who were
not into doing likewise. Senator
David Ii. Hill of New York, admit
ted by his bitterest enemies to be one
of the shrewdest politicians and
closest students of current events in
America, most graphically and ac
curately summed up Uie action of
the conspiracy in the following para
graph: "With ghoulish glee they wel
comed every bank failure, especial
ly in the silver states, little dreaming
that such failures would soon occur
at their own doors. They encouraged
the hoarding of money; they inaugura
ted the policy of refusing loans to the
people even upon the best security;
they circulated false petitions, passed
absured and alarming resolutions,
predicted the direst disaster, attacked
the credit of the government, sought
to exact a premium upon currency
and attempted in every way to spread
distrust broadcast throughout the
land. The best financial system in
the world could not stand such an
organized and vicious attack upon it.
These disturbers these promoters of
the public peril represent largely the
creditor class, the men who desire to
appreciate the gold dollar in order to
subserve their own selfish interests,
men who revel in hard times, men
who drive harsh bargains with their
fello.v men in periods of financial di
tress and men wholly
Unfamiliar
with the true principles of monetary
science.
Can any sane man believe that the!
senior senator from New York, con-
versant with the daily transactions of
our great money center, was just talk-
ing to hear himself talk when iie
penned that paragraph? Whatever
his motive, he certainly did not bid
for popularity in that statement. An
astute political! would hardly be
guilty ot telling an unpopular lie fori
the fun of it,
tut. REioxiNO PLUToeaAov.
The man who for the past year
has studied with any degree of care
the sources of public opinion, real
and manufactured, is driven to the
same conclusion.
The present panic could h.vc been
j Tlie present panic could h.-.vc been
PR hy but one power the
reigning plutocracy of the world. It
..... i
i lll,c"l"u"""1 -
I i.-.i i i I . . i , . i . i I in i t 43 ftM t i i mm nn
ii amounis w a cousp;iacv gnsi
humanity.
It is useless for ns to make obser -
vations from the end of our nose and
j ignore this tremendous prima! fact
1 1 ignored, our conclusions must be
III ill t UK V IIK It 11 119 . 4 I
I one of his stories of
a party accom-
J pain ing a notetl astronomc r to a spot
! near the north pole to take ober
1 vations on certain heavenly bodies,
They found the location defined by
latitude ami longitude. All went!
well for a time, but at length the .
i .. m '
astronomer discovered mat mere was
something radical I v wromr. He ,
of stealthily moving ice and not on
ginning f the present movement of
ruin in financial centers that the pur-
nose of the agitators was to decrease
itr
j the stock of the world's monev and
j increase the premium exacted for its
use.
To this end they have determined
first to demonetize silver and make
'onld the scarcer metal, the only j
0 ' . . ., f i
standard monev. After months of j
chase clause of our present law.
And they demanded its '"uncondi
tional repeal that is, that gold
should for the time be only recog
nized as fully monev. They forced
the president of the United States to
call congress together and recommend
this.
By all means let it be done. The j 01 value wuicu is pernaps me mosi
law as it stands is a confessed failure, j deadening and benuming influence
It satisfies no one. j lhat louch tbe enterprise of the
Repeal it at once for :i more iinpor j M,ul )u
taut reason. It is the price Shy lock! It is so because it makes the me
demands. You have no choice. He I chauism of exchange a commodity
has you on the hip. You mint. lie I and creates the impeariism of the
will make his billions in the transac- j money buskers. Let the friends of
tion, manipulating his gold, and busi- j the people be not deceived by a hue
ness will then resume its normal r"d cry. The hue and cry was raised
sw;lv j for a purpose. That purpose the
Let this be done at once that Shy picking of their pockets in the dis
lock may be satisfied for the moment, j turtoau.ee that followed,
and we may breathe easier for a brief ! SHELLlXo the woops.
season. But let the masses of the I We are dl the enemies now of the
nation understand it clearly. To es
tablish a gold standard for money is
to deliver the nation, bound hand and
foot, to the money hucksters. Gold
is the easiest commodity to cover. It
has never served the needs of a great
people ami never will. It is the mon
ey of the rich man. It is the eneinv
of the poor. It always has been so.
It always will tie so. Better demon
etize gold than silver. There is real
ly no intrinsic value to either.
JIOXOMETAL ISM A CRIME.
The masses of the people will nev-
i cniaiu-ipaiv:u innn iiiu uuuiihiuu
j ..f ' .1 til l.-.ll. ..,.'.1 ...,,J citmroo
1 1 ...! e 11... .1....,;..;....
Wl """ wv" 1 a"w !
are demonetized ami relegated to the;
0
! arts and scii'iices where thev belong
. , . wi
Ill a coiloiuiMl 01 line rr iii.i.iimi
Both gold and silver are utterly inad- j
i equate to the needs of commerce to-
lay as a mechanism of exchange.
1 1
The world's commerce has long ago
outgrown their combined capacity,1
and more than 90 per cent, of the tbe present panic are further imli
transactious of the present eorainer- j cations of its true origin.
i cial world ure consummated with pa
per not recognized as currency.
Bimetallism is utterly inadequate.
Monotpentallism is a crime.
It is a conspiracy :igaiut the mus
ses of mankind. I cure not what na
tion practices it.
The aggregate stock or sold in the
world today is $3,582,005,000. The
aggregate stock of silver in the world
,3 $042,700,000. These combined
not mope ,lian u ,lro) in the 0(.ean
-
,,f the world s trade
Let us remem-
er that in UiC present crisis
with
lioth gold and silver as money, you
1 paid a premium of : per cent, on
silver dollars on some days. There
j is not enough gold and silver in the
j world to-day to answer the needs of
one-tenth the human race for the pur
pose of trade. To decrease this,
stock bv anv nrocess is to put no the
, n .i
currency and sell the
slavery to the money
premium on
people into
lenders,
Mr. i'haplain, the president of the J
board of agriculture under Lord Saiis-1
i- . . . . 1 ti. , ......... ..f t ia
mints of India to the free coinage of ,
silver in these terms:
By a single stroke the government
has depreciated by 15 per cent the;
millea in
must be
Initia. the government
held responsible. Their j
d not fail to appreciate
action could not fail to appreciate
gold throughout the world while in
creasing commercial difficulties every
where."1 Mr. Balfour, the Conservative
leader
in Eugland. recently
saiil :
'-The government had been driven to
.. . m, . . j
commit a financial crime. J he speech ;
something approaching lunacy. Let
Germany, India and the United States
try a gold currency, and a tremor
seizes every one of our commercial
magnates. They look forward in the
immediate future to catastrophy und
feel that the ultimate result may bo
a slow appreciation of the standard
Sherman act," Ye bombarded it
mightly. Well and good. Hut let
us not be too enthusiastic about it.
History tells us, you know, that when
the Karl of Warwick and I'M ward IV
were to fight a decisive battle at
Barnet some 400 years ago Warwick
spent the whole night throwing his
artillery shot into a field where he
thought the king's troops lay. but
which was absolutely vacant. The
king era f til 1 3" encouraged the mistake
and took the time so to mass his
forces as to secure a crushing victory
in the next morning's mist. Histon
has a way of repeating itself, they
say.
Let us repeat bv all means, Cer-
tainlv.
We must. It is the price
U e have no choice, tint let us in
due time take effective measures lhat
Shy lock may not own us body and
s.i ml.
Third The significant effects of
INTERNATIONAL.
The distress has not been local or
national it has been international.
The cause was international. The
remedy likewise must be interna
tional. We m ist have an interna
tional agreement about mone-.
There must be a federation of man
j " bich national lines shall disappear
if the people are to maiutaio their
life against the enctmragemenU of an
arrogant plutocracy. The pla'ocracv
f die closing days of the ninteenth
century is an international atfair.
The masses of the people of different
nations must federate for the pro
Lection of their lives and the progress
of the race.
The intensifications of capita) has
icen vastiv increased oy uie preseui ,
panic.
There will be fewer b.isiness
establishments after the wreck. The
. -mi .1 l
r.ch will be much richer and tue poor
1
much poorer.
i
VICES OK THE I'AST.
Let us hear the voice of history.
(CONT XI ED OX LA-T I'AOE.)
01113. craracienzeu uk cweing ui w
THE REGISTERED
j PER.SHERON 1 STALLI02
TiLUBIC I
(No. 16741. j
Description. Tauric is years old,
weighs 1900 pounds, a gloss black color
rod an extra line draft horse in every
respect.
Pedigree. Touri.e was bred by P.
I. Jolidon A S,n. of Klvastmi. Illinois.
Got by Oston 9852; ; 1 TtHi : be bv Ver
mouth (5491): he bv Picador 1st 7330):
he by Bayard (9495): he by EstradaJSt,
Ti : be lv sou of Jeatdcblane (1395.
)am dajq,w (11768); bv Picador
2ml (5600): h
Bstraha. 187,
lablanc (739)
Bayard ;i!;t."i
by Bayard (9495); be by
(796); hi- by a son of .lean
ed dam, Birohe i:.7i4: ty
. 3d dam. Bamboche.
THE 0LEBUU; COACH STALLIOX,
No. 124 (1382.)
Description. Ot lean is n beautiful
bay. with hiack points. 16 hands high,
weighs 1560 pounds, has the finest of
style and the best of tehee net ion.
PsraonjSK. Orkan wan bred by H.
Menke. Oberhamtnetwarden, Olden
burg', Germany. Imported by P. J. .bI
idon & Sun. Klvaston. 11. Sire. Aug
ust (1144); he by Aran, (lOOO)outof Pic-
ludame (844); by ranurrant (925), out of
Xausika (816), by Graf Wedel (461), out
of Oliva (675), Nelson (349).
Kinirrant (925), by Nora (715): out of
Miss Pratt, bv Consul !-".SM , o af Wedel
v4lj, by Youutr Boradill (428), Ardo
1000), by Agemeneon ("60), by Jellac-
liieh (409), out of Zemeboir (594). Dam.
Oldenburg Mare.
Tauric and Orkax were both prize
winners at the St. Louis Pair. 1893.
Tauric and Orkan will make the
season of 1894 at my stable. H miles west
of Arbela and C miles east of Memuhht.
and in Arbela on Siturdavs.
Teiims. Orkan $8; Taudc to in
sure colt to stand and suck. All fees
due and payable when colt stands and
sucks. ( arc taken to pre vent accidents
but will not be responsible dhouid any
occur.
R. iE Iickopsor.
FARMERS' EXCHANGE
Memphis, - Missouri.
o
II. a. PITKIN, President.
A. H. PITKIN, Cftebler.
o
Paid up Capital, $25,000.
Mi
ll. (. I'lTKIN.
A. SlMOX.
A. II. PtTKUf,
Wm. IIhki:iu-ovk.
J. B. IMTKIN.
IMreetor.
Oim's h general banking business.
Buysftnod neKOtialtle paper.
Bpeetal Bttentkm piveti lo collpcttons.
COMB AND 8KB I S.
VKortheasI Corner Public Square.
M. Kloetzer,
HKMPQIS, MO ,
First Door west of the CituEen'a Bank
building, invites Um puldie to call
on him when wanting to Ira)
HARNESS, SADDLES, Baiters,
Bridles, Whips, &c.
The stock is nc and the lowes t
possible price as-ked for good pood.
The country trade especial!) sobeii1.
JAMES E. PULLIAM,
Blacksmith,
SHOEING AND REPAIR $II0P.
Repairing Neatly and ProxnDtiy Pone.
. I muke a specialty of
shop Sonth.esHt (r. Square, old
T, t,.. -, Ct . , , . . J. w
i i erRm s Maml. Mcmplm, Mo.
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