The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1878-01-25
A SHYLOCK TRICK EXPOS
ED.
some More Hard Facts Plain
Iy Stated.
Inter-Ocean, Jan. 8.

Some More Hard Facts Plain
Iy Stated.
Inter-Ocean, Jan. 8.
The gold swindlers will compromise.
There's nothing mean about them.
Therefore they make this proposition ::
"Put silver enough in the proposed
dollar to make it equal, at present
prices of bullion, TO the gold dollar, at
present quotations tor cOIn land, with q
few other minor restrictions, we will
permit you to remonetize it."
Now, let us look squarely into this
Gold is monetized; it is recognized
and bOlstered up byevery device known
tolaw and finance it, and the notes re-
deemable in it, are the sole legal ten
der. Silver is debased, driven out, a
fugitive, an outcast, dlshonored by It's
own relatives. In this condition of
things it is proposed to take both met
ais at their present value, one as coin,
the other as bullion; one laboring I'M
der every disadvantage, the other fav-
Ored by every expedient, and thus
equalize them. No account Is made of
the prospective enhancement of silver
when 1t shall be recognized as a stand
ard and legal tender, though the Lon
don Times declares that the immediate
effect would te to bring it to q sub
stantial par with gold, and Mr.. Wells
admits that such would be the case.
The effect OF coming dollar such as
is proposed, therefore, would be to
take il as completely out of circulation
as It is to-day, and leave gold as the
only money. K
When the dollar of 41216 grains was
dropped In 1873 it was worth 81 cents
more than gold. The ratio between
silver and gold with . silver dollar of
4l2% grains, Is sixteen TO one. More
than half of the specie OF France is sill
yer, and it circulates there side by
side with gold, though the ratio in that
country is 151& of silver to one of gold.
There never was a more impudent
proposition, therefore, than that made
by the gold swindlers to remonetize
silver with this enormous discrimina-
tion against 1t.
But how would it operate in some
other respects?
We have say $4,000, OOO, 900 of public
debt, which we have agreed TO pay in
gold coin at 20 $40 grains to q dollar,
or silver at 4l21& grains TO the dollar.
Gold having appreciated by the de-
mOnetization of silver, we bind our
selves anew to pay that debt entirely
in gold, or to add to every silver dol
lar which we pay on that contrac
one-tcnth more of silver than we orig
inally promised. This the. gold swind-
lers call honorable dealing"
Again, Chicago has a debt of $l7,-
000, 900, contracted when a dollar OF
412H grains of silver was a legal ten
der. To satisfy the sharks whose in
satiate nav calls ever for more, it Is
proposed now to pay in dollars worth
in the aggregate 81 100000 more than
the contract stipulated.
Once more: The great fire that DESC
lated this city necessitated the borrow
ing of immense sums to rebuild. There
were three kinds of money in which
those loans could be paid--silver, gold,
Tor green backs convertible into gold
| and silver. But by a shrewd opera.
ton those three kinds of money have
been reduced in number to one kind
thereby greatly enhancing the value
of the latter. Now to show onr 'honOr'
land still more our greenness,j we pro-
pose to make dollars worth ten cents
more than those contemplated by the
contract and pay our debts in them.
Was there ever a more stupid Oh
wicked proposal than this?
"But If the 412X silver dollar ap-
preciates to the value OF gold upon be-
ing remonstized, what difference can
iE make.
This is the question asked by many
houghtless persons, who II they
would reflect a moment, could at onc'
discern the difference. 1t does no
matter whether we say that silver ap
preciates or gold deprecIates when the
two are placed on an equal footing
The great fact is that money, like any
other commodity, ceases to be dear, 81
to speak, when one metal no longer mo
nopolizes the power and the province
of money. Enact to-day that no kline
of meat shall be sold or eaten saw
that of beeves over three years old
and you immediately advance the
price of the latter and largely destroy
the value of all other kinds of ANNA
food. Repeal the law, and yop increas
the value of pork and veal and mutton
while at the same time you decreas
the value Of the meat heretofore sing
led out for preference. -.-.
1t is exactly SO with money. Coli
has become dear because It holds
monopoly and other species OF proper
ty have Shr1nk and will continue h
: shrink, "a this sole standard BECOME
: scarce and its power Is continued.
, must be dethrOned, or gold will becom
tyrant in this country more autocrat
, ic and insOlent than the traditiOnsr.
Car of all the Russias.
I Every man who has q farm; ever!
( man who has an acre of ground; ever.
. man who has q mine; every man VIII
, has q flock of sheep or herd of cattle
1 every man who has a storehouse c
. grain; every man who has littl
} home of his own; every man VIII
+, owns anything in the wide world, ex
cept gold coin or bullion, is iptereste
. in seeing this golden tyrant shOrn c
}, q part of that power which threaten
s otherwise TO grind him to powder.
If you want to see business revive
If you want to see the pulse of trad
'' quicken; II yOu want to see the grea
q iron wheels creaking and turning ono
e more If you want TO see the smoot
i. shuttles gliding between the glitterin
threads, and hear the hum of bus
: spIndles and whirling looms, spea
!, and work for this great measure G
o Justice. Call upon your Represents
. tives TO do theiI duty. Take OF yop
coat tor the dollar of the fathers, puT
and simple. Ask nothing more; &C
i ceps nothing less. Ifthis is TO be
Il war To the bitter end between Il
q grasping mopey-ehangers on the on
hand and the people on the other, sc
to It that you are on the right side, an
n Rhof eha for mar nnna mora drive