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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
The Progressive Farmer
Location
Raleigh, North Carolina, United States of America
Date
Feb 06, 1894
Page
4
William M Stewart urges President Cleveland to abandon gold standard measures and restore bimetallic coinage. He argues 1873 act and subsequent Bland and Sherman acts reduced money supply, worsened debt burdens, and harmed the common people, calling for a permanent, nation-wide monetary policy beneficial to labor and borrowers.
In his annual report Secretary Carlisle proposes Congress authorize 200 million dollars in bonds at three percent interest to cover anticipated deficits under new tariff and internal revenue laws. Critics warn against increasing the public debt, arguing it would raise interest costs and harm taxpayers, while capitalists favor bonds for safe investment.
The editor urges Farmers Alliance members to unite and work hard for reform. He stresses duty to help fellow workers, seek better conditions, and avoid division that ruins organizations. The piece warns against idle meetings and emphasizes earnest, united effort to build a successful movement.
In a reader letter M J Carlton describes a controversial device to curb a cow damaging habit. He outlines two wooden planks strapped to the neck with leather and nails, joined by leather tops and pegs aimed at preventing self-sucking, urging careful use while noting past trials.
A reform manifesto demands a government issued national currency with universal legal tender and minimal debt, free coinage of silver and gold at 16 to 1, increased per capita money supply, and limiting revenue to essential government costs. It calls for postal savings banks, reclaiming land held by railroads and aliens, government ownership of transportation, telegraph, and telephone, to be used for public interest.
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