The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1878-01-30

huctuating, and is in such great demand
abroad that its value can increase SO greatly
ut home.
8. A greater issue Of government currency
would unssttle values, and destroy conf
dence at home and abroad.
Values OF what? 1t would enable the peo-
pie TO sell their productions. possessions and
services Is that what is meant?
1t would decrease the demand for this gold
and silver. Would that be unsettling values?
1t would increase the demand for laborers
common and skilled) and enable them 10
feed and clothe their families. Is that un.
settling values and destroying confidence
1t would enable the producer to own and
hold the production of his hands. Is that il?
II issued in sufficient quantities to meet all
business demands il would destroy the pros
poets OF the legitimate (oankins) business.
Is that why the Journal ct al. are lighting to
prevent il?
f. The people who lator, above all others.
want, when they receive dollar, it to be a
dollar
That is true, but not in the sense the Jour-
nal would indicate. They want q dollar
that will pass for just what it costs them 10
obtain. it-no more. no less. 1t makes no
difference to any honest man what his dollar
will purchase compared with 25.S grains of
gold, so he loses nothing when he pays il out
above what it cost him. In this connection
| assert that dollar of to-day costs the la
boring man far more than he can purchase
with 1t, which will prove, and leave 1T to
the good sense of nine.tenths of our labor
ing men and mechanics.
To-day, owing to the contraction of the
currency, brought about by the passage of
the resumption act, the characterization of
silver, and the schemes advocated by the
hard money or bondholders organs. the
people are out of employment But few are
engaged, and those that are are making but
scant living; whereas, when money was
plenty, all men were employed at good
wages, and were enabled to live better and
lay aside enough to make a payment on
little home. Some few had paid for their
homes mot many,) and those who hal not
have long since lost all they put into it.
Those who had paid out have, as general
thing been forced to place mortgage upon
it, to enable them to live since the hard
times set in, and will soon be on level
with their more unfortunate brothers. Now
for the proof: greenback 25.S grains of
gold, and 412K grains of silver are very close
to par with each other, only. a few cents diff.
ference between them; or, in other words,
little greater p .essure can be brought to bear
on the gold than the silver, or government
currency; and in order for a man
to get a dollar (ci either sort)
six to thirty days looking for a job, and then
work hard day or two after he finds 1t
before it is given to him. This is the abso-
lutte cost TO him Of a dollar that is dollar.
How much does he get for il when be spends
it? and how much better off is he than when
government dollar would not buy more
than Is to 20 grains OF gold?
Merchant-you who are still waiting. for
the sheriff to call-don't you think you
would do more satisfactory business if the
people could all patronize you as they once
did?
Mechanic, don't you think you could bet
ter afford to work 300 days in year, at from
So so to So per day, as lou once did, than to
spend so,much idle time trying 10 get a
dollar that is a dollar?
Manufacturer, don't you think X would
afford you more prosperous business TO put
all the consumers at work at good wages, in
order that the farmer could find market
for his products at good price, and patron
ize you as he once did?
Laborer, would you not be willing
to take your shovel and heave the
and agree never to look upon another gold
dollar, if you could find employment SIX
days In week at good wages, aud receive
your pay in greenbacks or silver?
In fact, believe the old dry clods in the
the long since abandoned corn6eld are ready
to lift up their voices and cry out for more
money, in order that they may again have
earth and be fed with an old fashioned fat
grain of corn. The question for the business
men of this country 10 consider is, not the
value of what we call dollar IN the markets
of other countries, but what means shall we
adopt to open up our great resources, put our
honest mechanics and laborers to work, and
by the wealth that we may create enable Us
to control all the gold, silver, kings, emper-
ors and countries in the world, and bring
them down to the feet of our beautiful and
powerful Columbia. But one thing is left to
be done, and that must be done at once, and
before we loose our individuality, as the
mass have done in other countries, vote for
men that will do our bidding. men that will
legislate in the interest of business and the
people, and men that will appreciate that
they are our servants and not our masters.
Give them one trial. distrust the advocates
of hard money wherever you find them. and
the sun of prosperity will burst through the
dark clouds of hard times before you realize
it. III. G. 3.
Indianapolis, Jan. 20.