Latest / Plausibly Live - The Dave Bowman Show Podcast / Revolutionary Talk - The Cost of Living
Transcript
- 0:26The. Live from the banks of the Sheet
- 0:38Tucket River in the heart of downtown Norwich.
- 0:40It's revolutionary talk here on WREV, 760 AM for Patriots Talk.
- 0:47The phone and text number is 209565.
- 0:50Dave. That's 209-565-3283.
- 0:55Now here's your host, Dave Diamond.
- 0:58Well, how was your weekend? Welcome back, my friends.
- 1:02It is revolutionary. Talk with me, your host, Dave
- 1:05Diamond. Telephone and text 209565.
- 1:09Dave. e-mail is dave@powder2parchment.org.
- 1:14That's powderthe#2parchment.org. Got a friend in the studio
- 1:21today. Sorry, the wife's Kitty cat.
- 1:28Well, went to the market over the weekend.
- 1:33We needed some supplies. We needed some things that
- 1:36needed to be, you know, we live people.
- 1:39I mean, I know it's wartime and I know things are going on, but
- 1:45has anybody else noticed how much the prices have increased
- 1:49at the market? Holy Flour through the freaking
- 1:57rough butter, if you can get it, even salt is costing I don't
- 2:06know, at least at least five times more than it did a year
- 2:09ago. We we made a decision.
- 2:17We didn't use the the paper money that they're they're
- 2:19printing. We used we used some of my gold
- 2:23supplies that I've had for years.
- 2:25I've just kept them in the, kept them in the ground.
- 2:29And we, we used that. That was the only thing that
- 2:31helped us. But, you know, eventually that's
- 2:33going to run out. Got to have the salt because
- 2:37without the salt, we can't, we, we, we, we can't keep the meat.
- 2:42It, it, you know, preserves it. And we barely found enough to do
- 2:50a month's worth. My wife was not happy.
- 2:56Missus Diamond was well, let's just say she was in a mood by
- 3:02the time we got back from the market.
- 3:07I enough of a mood that I had to leave.
- 3:10I, I said, you know what? I'm, I'm going to go down to the
- 3:14the Tavern there. I'm going to go down and just
- 3:17sort of blow off a little steam, I guess, which is weird because
- 3:22that's what I do here, you know, every weekday.
- 3:27But I went down there. Holy crap, people.
- 3:30The rum prices were up. Now I like my rum.
- 3:33You know, I'm a former sailor. I've I've been to see, I like my
- 3:35rum. And I was talking to, was it
- 3:40Bill, Bill or Malachi, one of the two of them, I don't
- 3:44remember who it was. The rum was double the price.
- 3:52Why? Well, turns out it's harder to
- 3:55get these days because because the British, the British are
- 4:00blockading us. Can't get the molasses to make
- 4:02it. So I say, well, cider.
- 4:03Then we got apples here. That was at least affordable.
- 4:12You can't get imported spirits anymore.
- 4:14You can't even get them. If you can, you can afford it.
- 4:18Walk down Main Street, talking to people on the street.
- 4:23By the way, I ran into Loyalist Bob out on the street and he
- 4:28bent my ear for a bit. Passed the blacksmith shop,
- 4:36talked to some carpenters, Coopers, everything is up.
- 4:41Iron, nails, tools, everything that I guess we have to import
- 4:47it from Britain, or had imported it from Britain.
- 4:49It's all very expensive now. Missus Diamond is stretching
- 4:56meals. She says I need to anyway.
- 4:59She, she kind of couched it in that language, you know, You
- 5:03know, Dave, you're getting a little Rotunda there.
- 5:07Might do you some good to cut back a little bit and put as
- 5:15much sugar in the, in the coffee that we had.
- 5:20Got a bunch of patches on my, on my shirts now and my coat.
- 5:26Then I thought, well, I'm going to take a drive out to the
- 5:28farmers. I'm going to go out in the
- 5:30countryside. I get friends out there,
- 5:32listeners who are farmers, thought I'd talk to them.
- 5:36Christopher was good enough to invite me in for a, for a glass
- 5:41of cider. He was telling me that he's
- 5:45getting to the point now where he won't accept continental
- 5:48currency anymore. He won't accept the Connecticut
- 5:49dollars no more because, well, they're not worth anything.
- 5:56And despite Congress promising that someday they'll fix that,
- 6:01he doesn't trust them. And so the only thing he's
- 6:04taking is is hard, his hard coin.
- 6:05And of course, you know, that's, that's a problem.
- 6:13A nice conversation about it. What's causing all this?
- 6:19Well, like Christopher said, Congress is flooding the market
- 6:25with this paper money. Now, look, I, I'm not Adam
- 6:29Smith, I'm not an economist, don't have any expertise in that
- 6:34area. Don't pretend that I did.
- 6:35Didn't stay at a Holiday Inn last night.
- 6:43But I do know this. The more you have a something,
- 6:45the less it's worth. They started printing this stuff
- 6:49back in the summer to pay the soldiers.
- 6:52They told the soldiers, this is what we're paying you with.
- 6:54But every time you ask that question, what's this backed
- 6:58with? What do you get?
- 6:59You get, You get these vague stares like backed.
- 7:02I don't know what you're talking about.
- 7:05It's not backed by gold. It's not backed by silver.
- 7:07It's a vague promise of tax revenues in the future.
- 7:11Well, who's how they going to get that?
- 7:16And just like Christopher, we're starting to doubt that long term
- 7:20value of that paper currency. It's not the paper currency
- 7:25that's the problem. It's the backing of it.
- 7:27You understand that, right? If it had something behind it,
- 7:31if we actually had some tax revenues, if we actually had
- 7:33something, some gold, some silver, some national reserves,
- 7:36maybe it'd be worth something. But we don't.
- 7:41That's bad enough. And then of course, you get this
- 7:43blockade going on. The British Navy is out there
- 7:47trying to choke off our imports. Now the good news is, as the
- 7:50blockade goes, the good news is that the Brits don't have enough
- 7:54ships to really pull this off. And it's as you've seen, stuff
- 7:57is still getting through. But it's a risk.
- 8:02There's some increased costs which making it cost more.
- 8:06Supply is dropping. That means prices go up.
- 8:09It's, it's economics one O 1. Our own shipping here in Norwich
- 8:16is is badly disrupted. So we're ending up paying more
- 8:20for essentials that we once got pretty cheaply from the West
- 8:24Indies or even from Britain. Chris Christopher thinks that
- 8:33there's some hoarding going on. He wouldn't give me any names
- 8:38and I'm not going to sit here and accuse someone on the air of
- 8:42doing this, but I am going to say this.
- 8:44If you're a merchant, you're listening to this right now.
- 8:46And if you're doing this, I hope God smites you.
- 8:51I really do. Because basically you're just
- 8:53being, you're putting your profit ahead of liberty.
- 9:00Some merchants, Christopher believes, are sensing shortages.
- 9:04And they they pre bought a bunch of things and then they held
- 9:07them back. They've got them in storage
- 9:08somewhere waiting for the prices to go up.
- 9:13And of course, many of these merchants who are pulling this
- 9:16stunt are, of course, loyalists. And they're just gouging the
- 9:20public. They stand there with a straight
- 9:23face like Loyalist Bob did on the street the other day and
- 9:25tell me how right they are. And yet here they are basically
- 9:33just pulling a Judas. They're just selling out for
- 9:35money. They're just, they're, they're,
- 9:39they might as well just be, you know, bankers.
- 9:48They're force dollars. They're in grocers.
- 9:50That's what they are. They're hoarding salt, flour and
- 9:52gunpowder. They're trying to profit while
- 9:54soldiers and families are going without.
- 10:00We got to do something about this economy, the the normal
- 10:06flow of things, bills of exchange, credit is, is
- 10:09collapsing. Of course you know this.
- 10:12We don't have a stable currency. We don't have foreign credit.
- 10:15Makes you wonder what Congress is doing.
- 10:17I I've heard discussions that they are talking to some foreign
- 10:22powers, read that as France about getting some some loans
- 10:30and some stability to that. But really, how is France going
- 10:34to do this? France has got its own problems
- 10:36still trying to recover from the Seven Years War.
- 10:39They can't afford that. They their debt is so massive.
- 10:42It's I'm surprised those people over over there haven't
- 10:47rebelled. Without the stable currency,
- 10:51though, we're going to have to, we're going to have to turn to
- 10:53barter and or we're going to have to pay more of these stupid
- 10:59paper notes for less product. And we're feeling it, folks.
- 11:05You know what I see? I see my wife coming home from
- 11:07the market with half the flour she could get last spring and
- 11:10twice the paper notes spent to get it.
- 11:13I see the shopkeeper shrug, saying Congress's money is is
- 11:18good, but then he asks for two notes instead of what?
- 11:23I see my neighbor grumbling because they're butter, They're
- 11:27cider, they're salt fish. Fetch more coin from the
- 11:30merchants hoarding for profit than they do for the families in
- 11:33this town. The king calls us rebels, but
- 11:37it's the paper in our pocket that feels more like rebellion
- 11:41against common sense. Makes you wonder.
- 11:45Line 1. Go ahead, Mark.
- 11:47Me this paper is a fraud, and your Congress is a fraud.
- 11:51You hold it in your hands and call it money, yet it is worth
- 11:54no more than the ink that stains it.
- 11:57You say you fight for liberty, but I say you are fighting for
- 12:00ruin. Rebellion brings hunger, it
- 12:03brings dead, and it brings the King's justice.
- 12:06I was forced once to recant for speaking the truth, but I will
- 12:09not hold my tongue now. This Congress is unlawful, and
- 12:13every man who follows it will come to regret his folly.
- 12:17OK, Loyalist Bob, we got it. I wasn't going to name any
- 12:22names, but you know as well as I do he's one of the people that
- 12:25have been speaking out against this rebellion.
- 12:29You. Yes, we were all there when when
- 12:34he was, he was told that he had to be quiet.
- 12:36But I, I can't really argue with him.
- 12:40I at least not on the sense of this paper money not being worth
- 12:44anything. And the reason it's not worth
- 12:45being being worth anything is because, again, they keep
- 12:49printing more of it. They need to, they need to
- 12:51shrink the money supply. I I've read Adam Smith's book,
- 12:57but geez, come on, people, this isn't that hard to do.
- 13:03Somehow or another, our Congress doesn't seem to understand it.
- 13:08The question is how? How hard can we stand up against
- 13:13this British tyranny when we're getting this own tyranny from
- 13:17our own people, our own Congress, our own leadership?
- 13:22What are we willing to sacrifice?
- 13:23That's what we're being asked, I guess, and it's hard to say.
- 13:30And when there's nothing left to buy, will we still be willing to
- 13:36do it? Rigging tar and hemp rope for
- 13:39men who mean to sail. If your boat needs faster masts,
- 13:42for quieter keels for midnight runs, these hands will answer to
- 13:46the bell. Come with lists, pay with coin,
- 13:48pledge your share of the prize. Norwich ship Chandler and rope
- 13:51works right down here on the docks right there downtown
- 13:54Norwich. Stay with us, We'll be right
- 13:55back. Welcome back.
- 14:01It's me, Dave. It is revolutionary talk right
- 14:03here on WREV 760. AM you want to join me?
- 14:11209565 Dave is the text number. For some reason the phones
- 14:16aren't working real well today. Loyalist Bob got through, but
- 14:20I'm getting texts saying The thing is busy.
- 14:23I'm not sure why. You can always e-mail me, Dave,
- 14:26at Powder, to parchment.org. That's powderthe#2parchment.org.
- 14:35There are rumors coming out of Boston that the British have
- 14:41decided to replace General Gage. Now, I can't confirm this, but I
- 14:49am told that a new British general has arrived in Boston.
- 14:55There has been no official announcement, of course.
- 14:59There has been no indication of things.
- 15:05But I am told that Thomas Gage, the general, the military
- 15:09governor of Massachusetts, has been relieved that the king is
- 15:14not not pleased with what has happened, which is good.
- 15:19I I'm perfectly pleased with it. But apparently the king is not.
- 15:23Now the question is who is the replacement?
- 15:25And there is no definitive answer.
- 15:30However, the supposition is something of a surprise that it
- 15:36should have been the guy up in Canada.
- 15:40But I am hearing rumors that it's how general how Now this
- 15:50might be an interesting development politically because
- 15:54as you know, how is a wig and he voted quite was quite a
- 16:00supporter of us during the Stamp Act crisis, although he did
- 16:05later support the Intolerable Acts.
- 16:09And the question is, why did he support those?
- 16:11Well, you know, the guy's been passed over for command several
- 16:14times. But dot, dot, dot, he is a
- 16:24relation. He has a direct relationship to
- 16:28the King, his grandmother, Howe's grandmother.
- 16:33General Howe's grandmother was King George, the first step
- 16:38sister. So they're related.
- 16:42And the king seems to like how even though he's a Whig, even
- 16:48though he should extensibly or has been something of a moderate
- 16:53on our side. And if he's the guy they're
- 16:55sending to Boston and we should know within the next few days.
- 17:00But if he's the guy that's they're sending to Boston, you
- 17:02almost have to wonder, are they sending him to Boston because
- 17:05they want to? I don't know, chill out I guess.
- 17:11Relax things. Or is he?
- 17:15Is he looking for glory? If he's coming here as a Whig
- 17:20politician in charge, then maybe we can see some political
- 17:26movement on the whole Friday. If he's coming here as a British
- 17:29Royal Army general looking for more glory, well, I think what
- 17:36he's going to end up finding is basically he's going to find
- 17:40himself with another Bunker Hill.
- 17:45He'd better be better. Be careful.
- 17:47Again, again, I don't know. I it's hard to say because the
- 17:51British aren't saying who's who's in charge.
- 17:55And I'm not even absolutely certain that this is the case.
- 17:57I'm not we're not sure that definitively he's been sent here
- 18:02or that he's been sent here to take charge.
- 18:07Gage has not done well. I mean, again, from our
- 18:10viewpoint, he's done great, gotten his ass kicked a couple
- 18:13times, hasn't accomplished anything, and has more and more
- 18:18cannon arrived from Ticonderoga. And good on that overlook.
- 18:22He's he's trapped in Boston, so maybe the King's not happy about
- 18:26it. I don't know.
- 18:27Guess we'll wait and see. Cloth for your coat, nails for
- 18:30your wagon, and an ale that warms them all.
- 18:32Let me tell you, folks, Yeah, I know it costs a little more
- 18:35these days, but it's damn good ale.
- 18:39Marlow and Sons keeps Norwich supplied from boot to belly.
- 18:42Trade an honest coin or sign for credit.
- 18:45Taste of Home in every cup. And no one has ever been short a
- 18:48loaf. After visiting the cellar at
- 18:50Marlow and Sons Sundries and Stouts Main St.
- 18:54Norwich. Stay with us.
- 18:56We'll be right back. Welcome back.
- 19:02It's me, Dave. It is revolutionary talk.
- 19:05Funds are not working today. I don't.
- 19:07I don't know what's going on with that.
- 19:09To get the engineer in here. Nobody seems to know.
- 19:15Stefan. Get on that way.
- 19:21In the meantime, Congress is still I don't know.
- 19:24I I, I want to be supportive. You know, this, you, you, you
- 19:28know, I'm in favor of independence.
- 19:30You know, I hate the British. You know, I want this done.
- 19:32But God bless us. Could we find a worse way to do
- 19:36this? Talk about a cluster.
- 19:45For some reason, and I'm not clear why, Adam, I was talking
- 19:50with John Adams over the weekend and he he would, he was being
- 19:54very cagey with me. He basically said, Dave,
- 19:57there's, there's, there's a big issue that we have to solve.
- 20:01There's a big thing that we got to fix.
- 20:04But he wouldn't tell me what it was and he wouldn't even really
- 20:06give me any hints. But something is up.
- 20:09There was a big meeting at the Army headquarters in Cambridge
- 20:13on Friday night, I think it was Friday, and after that meeting
- 20:21there was a flurry of activity, including the.
- 20:28The surgeon General of the Army was brought to the headquarters
- 20:32under heavy guard for reasons I I'm not clear on why you would
- 20:36need to guard a surgeon general, but I don't know.
- 20:39Maybe the British were trying to kill him.
- 20:40Like, who knows? Why would you do that?
- 20:42But the only thing I can figure is Washington's contemplating
- 20:48inoculation in the of the army for smallpox.
- 20:51I, I, I don't know. But something is going on
- 20:56because Congress now is talking quite, Sir, typically about
- 21:03tightening up our military rules, our military laws and our
- 21:09political laws. And they're really, they're,
- 21:15they're talking about forming a, a committee of, of secret
- 21:18correspondence handling foreign alliances and intelligence.
- 21:25Now you could say, well, Dave, that makes sense.
- 21:28It's we, we're going to have to, we're going to have to recognize
- 21:31the fact that we need international support.
- 21:33And that international support means France and Spain.
- 21:41But the way Adams was talking about this, it was almost like
- 21:47there's something else going on. I don't know what it is.
- 21:50I wish I could sit here and tell you for sure that I know what it
- 21:52is, but I don't. I, I have no clue.
- 21:56Something is up. It involves Dr. Benjamin Church,
- 22:00the surgeon general of the Army, and it's got Washington really
- 22:05on edge. It's got Adams really on edge
- 22:07and it has Congress talking about forming secret committees.
- 22:11We'll keep an eye on it and see what's going on.
- 22:17I'm hearing rumors across the ocean, the British cabinet shake
- 22:24up. They're they're looking at
- 22:25changing some ministers. There is a lot of lot of
- 22:32discussion and the king, I suspect, and it would kind of
- 22:39tie in with the possibility of of General Howe being here now.
- 22:42It would tie into the possibility of him looking at
- 22:46taking military action on the ground here much more
- 22:50significantly than has been done.
- 22:52So I don't know. There are days I wish, I wish I
- 22:58could be a family on the wall in the palace over there, but we'll
- 23:03see what happens. In the meantime, our our money
- 23:06isn't going as far. Supplies are becoming scarcer
- 23:13and we're going to have to live with it.
- 23:14We're going to have to learn to sacrifice on behalf of liberty.
- 23:17Folks, this is what we're being asked to do.
- 23:21I know it's hard. It's hard for me.
- 23:23It's hard for you. I get it.
- 23:24I know it. All we can do is pray to God
- 23:29that we can, we can make it through this.
- 23:31Support each other, help each other where we can.
- 23:35If you have two coats, give your neighbor one.
- 23:37If you've got extra bread, share it.
- 23:40If you've got powder, share it. Quit being in it for the money.
- 23:48And you loyalists like like Bob, you, you're the worst.
- 23:54Stop doing business with them. I don't.
- 23:57I don't care if they have what you need or not.
- 23:59Don't buy it from them. It's better to go without than
- 24:02to support those nuts, support those traders and it's up to us
- 24:08to do it. We're going to have to do it
- 24:10because it's going to be hard. We'll be back tomorrow with more
- 24:14right here on Revolutionary Talk on 760 AM Norwich, CT.
- 24:17I'm Dave Diamond, see you tomorrow, everybody.
- 24:20Have a great day. The.