Nequa; or, The Problem of the Ages

by Alcanoan O. Grigsby; Mary P. Lowe

"Conditions such as these could not fail to arouse a widespread feeling of dissatisfaction and as every man had a vote, political agitation was the logical result of the situation and politicians were kept busy in defending old policies and proposing new ones, all for the professed purpose of securing better conditions for the great masses of the people. A slight glance at a few of the popular economic and political ideas of that time indicates the average status of popular intelligence, and is therefore useful in tracing the evolutionary forces which were operating at that time for the elimination of selfishness and the establishment of equity in human affairs.

"As the times grew harder, the politicians of the old school told the people that the over production of wealth was the cause of all their poverty and distress, and for a time the great masses seemed to be satisfied with this explanation. They did not pause to inquire how it was possible for them to produce so much food and clothing and build so many houses, and for that reason be compelled to go hungry, dress in rags and be without shelter.

"Further on, this same class of politicians told the people that what they needed was to make their silver and paper money redeemable in gold and then they would have a dollar that would purchase more, and a majority of the people decided in favor of the gold standard. They did not reflect, that the larger the purchasing power of the dollar might be, the more of their labor it would require in order to get the dollar, and so without understanding what they were doing, the laboring masses of the country actually voted to decrease the money earning power of their own labor. But had they decided in favor of more money, while their wages would have gone up, their cost of living would have increased and they would not have been materially benefited except incidentally, as a part of the great debtor class, which was required to pay interest as part of the price of everything purchased for consumption. And we may add, that but for the fact that the great masses who produced wealth by their labor, constituted a debtor class, the advantages and disadvantages between a larger or smaller volume of money, would have formed a perfect equation, and the condition of the masses would neither have been better nor worse, as in either case, the banks would have determined the amount that was permitted to circulate among the people, by making or withholding loans as might at the time, best promote their own interests.

"While the Gold Power was international in its character, and not loyal to any country, it always took an active interest in moulding the opinions of the dominant political parties of all countries. It was necessary for it to have at least two favorites among the dominant parties, so that by turns they might spring reforms, so-called, based on half truths, to attract the constantly increasing number of dissatisfied voters. The demand for an increased volume of money in order to raise the wages of labor and the price of farm products was a question of this character, and it was sufficient to sidetrack and head off a more searching investigation as to the real causes of poverty. This was met by the demand for a better quality of money that would purchase more goods. The arguments in favor of both, contained half truths which were dwelt upon with great force, but the success of either, still left the gold power, directly or indirectly, in a position to control the situation.

"The same thing was true in regard to the tariff question which the gold power made a dominant issue between its favorite parties. The question itself could be used to call attention away from the question of finance, which had a more direct bearing upon the vital matter of EXCHANGE and was therefore more likely to educate the people to a point where they could no longer be deluded by an ingenious discussion of half truths. This question, in order to be made available for the purposes of the gold power, must necessarily have two SEEMINGLY antagonistic political parties to go before the people. One party advocated a tariff-for-revenue, with Free Trade arguments, while the other advocated a tariff-for-protection, and appealed to the laboring classes to maintain liberal wages for themselves by voting for a high tariff that would exclude foreign goods.

"The positions taken by these parties were about equally delusive and neither would have in the least delayed the dangerous encroachments of the gold power. A tariff-for-revenue could in no sense be a Free Trade party, but it did propose to raise revenue by duties on imports. This duty would of course be paid by the people as part of the price of the goods which they consumed, and hence the tax would be in proportion to their expenses without any reference to their incomes. Those who expended their entire incomes in consumption would be taxed upon the whole, while those who expended only a small fraction, would be taxed only on the fraction so expended. As a system of taxation it is difficult to conceive of one that would be more unequal in its bearings, and more oppressive to people of small incomes.

"On the other hand the tariff-for-protection party, proposed to make the duties on imports so high that foreign productions would be kept out, and the home market secured to the employers of home labor. This, it was claimed, would enable the employers of labor to pay higher wages, which was true; but the selfishness of the heartless employer, was always in favor of keeping wages at a minimum and the noble, generous, employer could not afford to pay any more. If he did, his heartless competitor would undersell him in the market and destroy his business. Hence we are not surprised that statistics proved the tendency of wages to be toward a minimum under both parties—that is, a sum barely sufficient to provide food, clothing and shelter, and to enable the workman to raise other toilers to take his place when he was no longer able to work.

"Under this tariff-for-protection policy, the revenues raised were just as oppressive and unjust to people of small incomes as under the policy of 'a tariff for revenue only,' but with this additional burden, that the increased price of home products was assessed upon the people in the same unequal manner. But on the other side, more home labor could be employed, which benefited the workmen in protected industries at the expense of the classes which were not protected. Of course, even the tariff-for-protection party which had so much to say in favor of holding the home market for home products, never seriously intended to exclude foreign products, as that would have put an end to all revenue.

"These delusive theories of a tariff for revenue and a tariff for protection, served the purposes of the Gold Power, by calling the attention of the people away from the real difficulty which stood in the way of wealth producers. All that the people needed was an opportunity to apply their labor to natural resources, and be able to exchange their products for products of equal value, produced by the labor of others. The foreign trade of the country was a matter of small importance compared with the home trade. If at almost any time during the latter part of the Transition Period, the people of this country had been guaranteed just such rations as were provided for soldiers, or even convicts, there would have been no surplus for exportation; and had the whole people been provided with all the clothing that was needed to keep them well clad, it would have taken the entire product of wool, flax, cotton and leather. But the press of that day, religious as well as secular, was to such a large extent under the control of the Gold Power, that facts such as these were kept away from the masses of the people. And it may be added in this connection, that the educational system of the country was controlled by this same power to suppress the truth on economic questions, and many eminent scholars were removed from professorships in the higher institutions of learning, because they refused to teach such sophistries as suited the purposes of the Gold Power.

"In our very brief mention of the political agitations of that time we have only referred to the leading measures advocated by the dominant political parties. It is due however to even that benighted age to state, that at every step taken by the international Gold Power to financially conquer the world, a few of the more enlightened and self-sacrificing spirits, boldly exposed the financial wrongs which were being perpetrated against the people for the still further enrichment of the money kings of the Old World and their agents and co-workers in the great centers of wealth in this country. But these courageous, clear headed and humanity loving pioneers of a higher civilization were frowned down as dangerous agitators and enemies of law and order, and every foul epithet was applied to them. If in business, they were boycotted, and if belonging to the ranks of labor, they were blacklisted and in many cases imprisoned on false charges, and some were even executed for crimes which they did not commit. And yet the measures of reform they advocated along political lines were usually of such a nature that had they been enacted into law they would only have prolonged, for a few decades perhaps, the false system which pauperized and degraded the toiling millions.