"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.