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Newspaper
The Progressive Farmer
Location
Raleigh, North Carolina, United States of America
Date
Jun 27, 1893
Page
8
James Murdock argues that creditors control gold and force U S farmers to sell cotton and wheat at world prices. He calls for subTreasuries, export duties on cotton, and a framework to price produce in gold at par, warning unlimited silver coinage worsens debt bondage.
Land for sale comprising 304 acres near Richland Creek a northwest of Raleigh with 120 acres cleared and the balance original. Good condition and excellent water within two miles of the North Carolina Railroad. Sale at a great bargain. Address W A Beres 507 Southwest St Raleigh NC.
The platform calls for a government issued national currency with 2 percent tax cap and direct-to-people disbursements, free coinage of silver and gold at 16 to 1, increased money supply, a graduated income tax, and government ownership of railroads telegraph and telephone with postal savings banks. It also urges land reform reclaiming alien and redundant holdings for settlers, plus limits on revenue and emphasis on not favoring any single industry.
From testimonials for W E Farmer district Master Workman Knights of Labor Fort Worth Texas I have examined Labor and Capital by E A Allen and deem it first class and essential for reform movement and progress toward higher civilization The issue of equitable wealth distribution is central and the book sheds light for readers involved in labor and farm movements Aug Post national secretary Farmers Alliance Moulton Iowa says the book will prove instructive for students of labor and farm movements
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