The anti-monopolist., 1877-09-27
WHOLE NO. 1853.

to form q hardly appreciable f.ctor in
the political arithmetic OF the state.
It IS not likely to gain any additional
strength IN period of such general
prosperity as Minnesota his now
leached-thanks to her N ignificent
harvest and the prospects of good
prices Tor her vast surplus.
mat is to say, as Col has blessed
Cne fertile soil of Minnesota with
good crops, and as a foreirn war has
sl'eh us 1alr prices; flor neither of
winch are we indebted to John Sher-
man, we must shut our eyes to the
mlserles of the countless thousands
OF our fellow citizens who have no
land and no crops nor anything to eat.
50 long as our stomachs are fuu M
one else has a right to cry ont. And
the Z. T. thinks this is philanthronic
craftsmanship.
| It adds:
! Owing to the fact that it's chief sta.
pie is wheat, Of which it has general
" had good crops at tolerable nrices
1t has not suffered from the General
pIosCratlon OF business anl in lustry
IN anything like the sane larree AZ
Ch0Se states having much larger de-
| Velopment OF manufacturing indus-
IrleS ana larger civic and CONNER.
clal population, and even the connar-
atlve failure Of our wheat crop last
year only carried us a little farther
under the penumbra of the hinge
eclipse which darkened the land.
Precisely; us Minnesot. raised crops
which were a general human necessi-
ty, and the bulk Of which WAS sold
abroad; at the worlds price. she did
not suffer SO much from the beauties
OF the American system of finance. as
those regions which de pended almost
exclusively upon an American market.
What does that prove?
The Z. p. continues:
| Our farmers, therefore, do not rel
lsh the lnterpositiOn of an inflated.
and therefore deprecated an tluctu.
atlng paper medium Of uncertain val
ne between them and their European
customers who pay in gold. They
know that gold has fixed and mi
form value. and when paid in that or
IN paper redeemable in gold thev
know justwhat they are getting. Bnt
when paid in irredeemable paper they
don't know what they are getting.
or how much they are shaved in the
process of converting it into gold. or
whether 1T will not be worth less to-
morrow than to-day, and they know
1t Will be less valuable in proportion
as It's volume is increased. They do
not care to be cheated in their nav
by the substitution of a denreciate1
paper currency for the gold Maid at
the final destination of their wheat
Now the fact is that the price Of
wheat is the gold price, simply be-
cause it is an article Of export, and ca
pable OF being substituted for gold in
the payment Of foreign debts: hence
every appreciation in the price Of gold
is followed by an increase in the yalue
of wheat; hence when gold was dur.
ing the war 280, wheat sold for 50. 80
per bushel. We do not mean to say
that this constitutes a reason whv
gold should beat a premium,-for the
greenback policy, by making green.
backs receivable for duties or imports
would make gold and greenbacks of
the same value;-but it shows that
the L. T. is altogether wrong in as
sertlng that the price Of wheat is in
Jurlously affected by the premium on
| gold.
And the p. p. concludes it's tsargu-
ment e. thusly:
| These are some Of the reasons why
the greenback delusion has never
made any perceptible progress in Min
nesota; and if we add to this that the
only propagandists of this new gosgel
OF getting something for nothing are
the brilliant and cratic Donnelly.
and one or two other demagogues
whose lack Of common sense is not
half-disgulsed, as in his case. by the
snowy talents of rhetorician, the ex-
| planation of it's failure will be com.
plete.
Now we will make this proposition:
AS the p. z. believes that both dem
ocrats and republicans in Minnesota
are opposed to the greenback heresy:
and as the advocates of that heresv
are simply pack of fools; let it &c.
lect any man in the state, let it cram
him with It's facts and logic, and we
will meet him this fall on the stump
and discuss there issues all over. the
state and abide the judgment Of the
people. What say you1
Is not this grand opportunity to
convince the fools of their folly and
squelch them forever.
! Come! Pick your men!
II