The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-10-25
ne Antl-Monopolist.

tenn are now doing.
The fact Island this is an lmpOr-
tant truth not generally known-that
this rising of the rate Of discount by |
all such institutions with a gold
basis, is practically rise in the price
of gold. Yet fools persuade them
selves, and knaves, who know better,
persuade the simple, that at such
times s.gold shows a wonderful firm
ness. Irish World.
HOW PEOPLE ARE DECEIVED.
Gold has touched per cent. or a
fraction below in few days and here
and there in the newspapers we no.
tice the remark that the greenbackers
have now q very slim foundation to
stanl upon. We have heard men who
were reasonably intelligent upon some
other subject predicts that as soon as
gold and greenbacks were par there
would be no further use for the green
back party; that it would no longer
have a mission or an excuse for It's eX-
istence. What dense ignorance OF
the great issues does this betray!
What depth Of stupidity. Just to
think, that after three or four years
of the most widespread agitation of
the currency and financial questions,
that there should yet be any man pro-
Tossing respectable degree Of intelli-
gence, who believed that the whole
question of currency and labor reform
centered in the accidental premium
on gold at any given day; and that an
accidental and temporary or even per-
manent par between gold and green
backs, would be all that is necessary
to make the people happy and prosper
Gus and secure purity, equity and JUS
tice in the administration of govern
ment. AS we'll say that all these in
terests depends upon the contingency
of mother Jones' yeast rising sweet
or turning sour by tomorrow morn
ing. AS we'll say that the greatest
problems that ever perplexed the
minds of statemen can be and would
be solved by throw of the dice or
the flip of a copper.
But it is nevertheless true that
there are thousands Of people, ordina-
rily termed intelligent, who daily
watch the quotations of gold, nnder
the belief that when it touches par
that they will by some mysterious
agency, be made happy. If some one
were to intrude upon their supersti'
tious reveries and ask them for a good
reason for such belief, of course
they would get none, for none exists
If these deluded people would only
begin the search for q sensible reason
| E., .of
broken and there would then be some
hope for them; but they are not of TIT
kind that seek for knowledge or nee(
rensons for their faith. Their faitl
is blind unreasoning one.
But there is time coming whel
; their eyes may be opened, They ar'
certainly doomed to bitter disappoint
; ment. In the first place, that mucl
= coveted par of gold and greenback
and bank notes is much further OF
than they imagiue. They need no
9 lay awake of nights to look for it. /
$ is our candid belief that if there wa
| not another word of agitation OF tina
l subject land Congress should haste
g to apply all the supposed aids in it
G pawer, the resumption of gold pay
a ments cannot be brought about in
e dozen years. 1t can never be brough
/ about and maintained on the presen
: plan. Revolution would set in Ion
G before that point would be reached
t Gold payments with the present vo
y ume of public debt and private, is a
: utter impossibility. To suppose tina
g it can be brought about and maintain
q ed, is to reverse the experience OF a
: other nations; to falsify the long a,
n cepted axioms of mathematics and t
+ disprove every deduction of reaSo
L and common sense.
J; But suppose for a moment it cOul
d be done. How would that produc
e such a shower of blessings us som
people supposed Would it enable pc,
l. pie to pay their debts! WOnld it hel
e them to pay their taxes with create
l. easel Would that furnish bread IL
# the hungry, or clothing for the naked
It Would the peoples debts disappes
/. as by the waving of magicians want
Is Will debts be lighter and easier born
n and paid, when they become payab
e: in gold, and there is no gold to pa
l. withl Will the debtors mind be
le lieved. and his energies inspire
,e afresh by the knowledge that h
IN creditor can enter the courts of tt
Re land and make him tonder the shinir
T. gold for every dollar he owes him!
N If great good to the people is
ID come out of this condition of thing
is why does not some one arise wit
a that wisdom and knowledge necessal
to give reason for these expect
"a tiOnsl
+. Sensible, thoughtful and KNOWN
le people cast their eyes upon the va