742 



THK IMPENDING REVOLUTION. 



which is now unemployed, and tramping or living at the 

 expense of employed labor. This $9, ooo, ooo a week would, 

 or nearly all, be expended for food, clothing, fuel, school 

 books, etc. , thus stimulating these industries by the addition 

 of $9,000,000 a week, or about $450,000,000 a year. 



"The interest of all classes of our people demand this 

 increase except the ones owning the mortgage debts of the 

 country and those holding public office with fixed salaries. 

 These small classes of persons would of course be com- 

 pelled to give more of their salaries for the means of living 

 or more of their blood-money for their food andl clothing; 

 and these are the reasons which prompt them to oppose all 

 increase of the money supply of the country, without 

 regard to the material of which it is made. 



"A financial policy that will add a million and a half 

 of profitable consumers will be worth more to the fanners 

 manufacturers and merchants of the United States than all 

 the fine-spun theories of protection to American industry 

 through tariff legislation, even if those theories were true. 

 Adding four hundred and fifty millions of dollars annually 

 to the consuming capacity of a class of people who now 

 wear cast-off clothing, and feed upon the refuse thrown 

 from the rich man's table, is what more money and higher 

 prices will do. n 



The following table, clipped from Fair Play, shows 

 the effect which more money will have on the farmer: 



"When there were $50 of money per capita in circu- 

 lation, a farmer could take a load of wheat of fifty bushels 

 to town, sell it, and with the proceeds pay: 



THEN. 



Taxes $20 oo 



For one ton of coal 6 oo 



For one barrel of flour n oo 



For one barrel of pork 12 oo 



