Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1876-03-31

A CORRESPONDENT spcaking in the In
icfest of what he calls the "middling
class wants TO know how tho return TO
hard money would affect them. lfhy the
middlng class he means the producers
and laborors of Tho country, the men who
create It's wealth and prosperity, we re
ply that they will be benefited above all
othor men. When the farmer is paid for
his products, and the workmen for his
labor, In dollars, everything depends 10
them upon the value Of these dollars.
The better the dollar the better their pay.
There is really but one honest dollar, and
that Is composed of certain fixed guam
tity Of gold; and when the laborer Is paid
in that he cannot be cheated. But every
other form cf dollar that we now have in
this country Is cheat. The greenback
dollar is n cheat, and tho bank note not
redcomable in gold Is cheat, because
neither is as good as gold dollar. Tho
laborer and producer are now paid in
these paper dollars, worth no moro than
eighty.fivo cents each. How can they
fail TO perceive that if they were paid In n
dollar worth hundred cents instead of
eighty five, 1t would be just so much the
better for tbem2 Let anyone go and buy
n gold dollar with the paper fractional
currency, or with copper cents, or nickel
tive.ccnt pieces, and see how much he will
have to pay TO get it, He will find IL will
cost him 10 cents And yet this gold
dollar is what he Is honestly entitled to on
every contract to pay him dollar; and
when he doesn't get ititis because he is dc
franded.
We think II may bo plainly seen from
this, that whenever we get back to the gold
dollar, the laborer and producer will be
greatly benefited because they will then
be paid in good money instead of bad.
The pretcnse that paper money makes
times better, makes better markets, makes
more demand for labor, Is another cheat.
Haven't we got paper money nOw2
Haven't We had II for long ycarsY But
is labor in demand, are wages high, arc
times good? Not at all. On the con
trary, IL is Just tho reverse. Things arc
about MS bad as they can be. Prices are
low, and wages are clear down, There
are few foolish people who say this is
because we have not paper money enough.
But paper money was never more plenty,
and interest never so low Money les
piled up and idle as il never was before.
Anybody can get 1t who can pay for it.
There is just rs much money as we had
three years ago, and ilVo years ago, Whcn
the country vas doing twice the business
il now is, and when there was no com
plant of scarcity in any quarter. 1t isnot
paper money then that Is wanting, and it
is tremendous fraud and mischief 10
represent that 1t Is.
a., What is at the bottom of our difficulties
is want of honest dealing. Our paper dol
lar is a swindle, and we need to get back
TO honest money. Until we do, things
will go on from bad to worse. We cam
not lie and cheat in our finances, any
more thah we can lie and cheat in any
thing else, without suffering from ii. The
first thing now TO get out OF our low and
exhausted condition, is to return TO honest
courses, and restore our lost prosperity by
industry, economy and fair dealing, A
good, honest gold dollar is the bpsis of it
all We have given irredeemable paper II
fair trial. and il is a failure and the more
we have Of it the worse off we shall be.
The effort of the intiatiOnists IN Congress
TO issue more, is what is now postponing
the revival of business more than any
other one thing. Ii the laboring classes
would SIT up q clamor TO be paid in good
money instead of deprecated paper, it
might bring some of these members to
their senses. IN. Y. Sun.