The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-09-27
WHOLE NO. 1853.

70 form hardly appreciable factor in
the political arithmetic of the state
It is not likely to gain any additional
strength in q period Of such general
prosperity as Minnesota has now
hao hlaacneo-thanks to her magnificent
,,; ,'i aesc ana the prospects Of good
prices for her vast surplus.
Iha1 IS to say, as Col has blessed
VIC 1erClle soil of Minnesot, with
soou crops. and as a foreign war has
gwen US fair prices; (for neither Of
whlch are we indebted to John Sher-
man, we must shut our eyes to the
misenes OF the countless thousands
OF our fellow citizens who have no
lana ana no crops nor anything to eat.
SO long as our stomachs are fn,, M
one else has right to cry ont. And
the 2. P. thinks this is philanthron;c
craftsmanship.
It adds:
! owing to the fact that it's chief sta.
PIE IS wheat, of which it has general
~ mad good crops at tolerable nrices
IL mas not suffered from the General
prostration of business AMI in lnstrv
IN anything like the same larree AZ
Cnose states having much larger de-
| velopment OF manufacturing indns--
| IileS ana larger civic and CONNER.
cial population. and even the connar-
aClVe failure of our wheat cron Iaat
year only carried us a little farther
ua1: ul1!er tne penumbra of the huge
ecllpse which darkened the land.
Precisely; as Minnesota raised crons
winch were 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. az
those regions which de pended almost
exclusively upon an American market.
What does that prove?
The PIP. continues:
Our farmers, therefore. do not rel.
ism the lnterpositiOn of an inflated
ana therefore deprecated AMI fluctn,
atlng paper medium of uncertain val
ue between them and their Enronean
customers who pay in gold. Thev
know that gold has a fixed and mi.
form value, and when paid in that or
IN paper redeemable in gold thev
know just what they are getting. Rnt
when paid in irredeemabie paner thew
don't know what they are getting.
or how much they are shaved in the
process of converting it into gold. or
whether it will not be worth less tn.
morrow than to-day, and thev know
it will be less valuable in nronort;on
as its volume is increased. They dn
not care TO be cheated in their pay
by the substitution of a deprecated
paper currency for the gold paid at
the final destination of their wheat.
Now the fact is that the price OF
wheat is the gold price, simply be.
cause 1t 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 value
OF wheat; hence when gold was dur.
ing the war $50, wheat sold for $3.50
per bnshel. We do not mean to say
that this constitutes reason whv
gold should lat premium.-for the
greenback policy, by making green.
oacks 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
serting that the price of wheat is in
Jurlously affected by the premium on
gold.
And the 2. 2. concludes it's ssargu-
ment ~" thusly:
These are some of the reasons whv
the greenback delusion has never
made any perceptible progress in Min
nesota; ana II we add to this that the
only propagandists of this new eospel
OF getting something for nothing are
the brilliant and cratic Donnelly.
and one or two other demagopnes
whose lack of common sense ia not
half-disguised, as in his case. by the
snowy talents of rhetorician. the az
planation of it's failure will be com
plete. ~
Now we will make this proposition:
As the P. T. believes that both DEM
ocrats and republicans in Mineesota
are opposed to the greenback heresy.
and as the advocates of that heresv
are simply pack of fools; let it sc.
lect any man in the state, let it cram
him with its facts and logic, and we
will meet him this fall on the stump
ana discuss there issues all over. the
state and abide the Judgment Of the
people. What say you,
Is not this a grand opportunity. to
convince the fools of their folly and
squelch them forever.
Come! Pick your men!