For my part, I do not ask any interference on the part of the government except to undo the wrong it has done. I do not ask that money be made out of nothing. I do not ask for the prosperity born of paper. But I do ask for the remonetization of silver. Silver was demonetized by fraud. It was an imposition upon every solvent man; a fraud upon every honest debtor in the United States. It assassinated labor. It was done in the interest of avarice and greed, and should be undone by honest men.
The farmers should vote only for such men as are able and willing to guard and advance the interests of labor. We should know better than to vote for men who will deliberately put a tariff of three dollars a thousand upon Canada lumber, when every farmer in Illinois is a purchaser of lumber. People who live upon the prairies ought to vote for cheap lumber. We should protect ourselves. We ought to have intelligence enough to know what we want and how to get it. The real laboring men of this country can succeed if they are united. By laboring men, I do not mean only the farmers. I mean all who contribute in some way to the general welfare. They should forget prejudices and party names, and remember only the best interests of the people. Let us see if we cannot, in Illinois, protect every department of industry. Let us see if all property cannot be protected alike and taxed alike, whether owned by individuals or corporations.
Where industry creates and justice protects, prosperity dwells.
Let me tell you something more about Illinois: We have fifty-six thousand square miles of land—nearly thirty-six million acres. Upon these plains we can raise enough to feed and clothe twenty million people. Beneath these prairies were hidden millions of ages ago, by that old miser, the sun, thirty-six thousand square miles of coal. The aggregate thickness of these veins is at least fifteen feet. Think of a column of coal one mile square and one hundred miles high! All this came from the sun. What a sunbeam such a column would be! Think of the engines and machines this coal will run and turn and whirl! Think of all this force, willed and left to us by the dead morning of the world! Think of the firesides of the future around which will sit the fathers, mothers and children of the years to be! Think of the sweet and happy faces, the loving and tender eyes that will glow and gleam in the sacred light of all these flames!
We have the best country in the world, and Illinois is the best state in that country. Is there any reason that our farmers should not be prosperous and happy men? They have every advantage, and within their reach are all the comforts and conveniences of life.
Do not get the land fever and think you must buy all that joins you. Get out of debt as soon as you possibly can. A mortgage casts a shadow on the sunniest field. There is no business under the sun that can pay ten per cent.
Ainsworth R. Spofford gives the following facts about interest: "One dollar loaned for one hundred years at six per cent., with the interest collected annually and added to the principal, will amount to three hundred and forty dollars. At eight per cent, it amounts to two thousand two hundred and three dollars. At three per cent, it amounts only to nineteen dollars and twenty-five cents. At ten per cent, it is thirteen thousand eight hundred and nine dollars, or about seven hundred times as much. At twelve per cent, it amounts to eighty-four thousand and seventy-five dollars, or more than four thousand times as much. At eighteen per cent, it amounts to fifteen million one hundred and forty-five thousand and seven dollars. At twenty-four per cent, (which we sometimes hear talked of) it reaches the enormous sum of two billion five hundred and fifty-one million seven hundred and ninety-nine thousand four hundred and four dollars."
One dollar at compound interest, at twenty-four per cent., for one hundred years, would produce a sum equal to our national debt.
Interest eats night and day, and the more it eats the hungrier it grows. The farmer in debt, lying awake at night, can, if he listens, hear it gnaw. If he owes nothing, he can hear his corn grow. Get out of debt as soon as you possibly can. You have supported idle avarice and lazy economy long enough.
Above all let every farmer treat his wife and children with infinite kindness. Give your sons and daughters every advantage within your power. In the air of kindness they will grow about you like flowers. They will fill your homes with sunshine and all your years with joy. Do not try to rule by force. A blow from a parent leaves a scar on the soul. I should feel ashamed to die surrounded by children I had whipped. Think of feeling upon your dying lips the kiss of a child you had struck.