FARMERS' ALLIANCE AND INDUSTRIAL UNION. 183 



of trade, to sustain credit and preserve the circulation 

 from complete collapse. From the Bank Charter Act, and the 

 Rate of Interest, London, 1873: ' 



"This is proof positive, and a clear demonstration, 

 in 1848, what this system could accomplish when a 

 necessity existed for resorting to it. But since that time 

 every conceivable change has tended toward rendering 

 such a systeni^easier managed and more necessary. The 

 various means of rapid transportation and the facilities 

 for the instantaneous transmission of intelligence, make 

 it no disadvantage for the produce of a country to be 

 stored at home until demanded for consumption, and the 

 great savings that will follow the abolition of local ship- 

 ments shows what great economy such a system is. In 

 this day and time, no one will for a moment deny that 

 all the conditions for purchase and sale will attach to 

 the Goverment certificates showing amount, quality and 

 running charges that attach to the product. 



' ' The arguments sustaining this system will present 

 themselves to your minds as you ponder over the subject. 

 The one fact stands out in bold relief, prominent, grand, 

 and worthy the best effort our hearts and hands; and that 

 is ' this system will emancipate productive labor from the 

 power of money to oppress' with speed and certainty. 

 Could any object be more worthy? Surely not; and none 

 could be devised that would more enlist your sympathies. 



1 ' Our forefathers fought in the Revolutionary War, 

 making sacrifices that will forever perpetuate their names 

 in history, to emancipate productive labor from the 

 power of a monarch to oppress. Their battle cry was 

 'Liberty.' Our monarch is a false, unjust, and statutory 

 power given to money, which calls for a conflict on our 

 part to emancipate productive labor from the power of 

 money to oppress. Let the watchword again be * Liberty. ' ' ' 



On motion the convention proceeded to the election 



