The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-10-08

,st rates arc quito low, and large sc-
of funds have occurred.
Ia those localities where property has
4, the purchasing power of
money has reciprocslly increased.
Now the capitalist understands that
theie is about twice as much banking
"a sitsl in the country as there Is coin,
ard that within a fortnight the banks
could, as has been said, gather in all
tho available coin and lesve the people
stranded high and dry;I
anu that In such event those who held
the pledges Of the United States, OF the
States, or mortgages on shops, farms,
railroads, etc, would be masters OF
the situation, on top. IL is the fear OF
the turning loose of the silver coin
that distures the schemes and cslculs-
lions Of those spectators, In the event
they should try 10 put up black Fri
day JOB on tbs people. This hue and
cry of our eilver collars not being
money, or that they arc too bulky, is
all preiext, Those white dollars pay
for everything that is being sold, cent
for cent, just az well ~ the gold, aud
they can be handled just as we'll as can
this gold 80 far as bankers desire TO
actually handle coin ut all. Besides,
the United States coin osrtiGcatos do
away with tho metal, in great part, ~
o circulating medium, and save much
to the people through losses by abrss-
ion, etc.
In view OF the SO and scores OF other
data, we arc truly gratified 70 SEQ that
Mr.. REAGAN, SENATOR COKE, and
the others OF our delegation ia Coz
gress, will do al they can to continue
thia coinage of silver; though, AZ wa
have before stated, II more flexible
rula could be DEVISED, Il might bs bot
ter. The people have right u havs
all the Silver they may by able 10 pro-
cure transformed into coin. We re-.
ouire moro money to revive cur Ian
gushing, aud our undevelopsd indus
tries Sc well: 10 encourage manufecto-
ries; to give the poor employ mont; tc
SECURE homestoads for thom, etc. There
are millions OF unemployed hands
la this country to-day only
awaiting opportunities so bc
Eet to remunerstive work. Con
tract the currency and you will
add to their hopeless number; increase
1t and moro of cur cities and tcwny
and farms in our immense domain
will DO made to smile through til.
agencies of tho imp dement's you thus
put into their possession.
Mr.. ALEXANDER HAMILTON, tn,
great natural born financier, in his ~
port TO Congress in 1901, rsd: -,
annul the use of either of a,o ~,
as msney, is to abrldee the qnaAtitS
OF circulating medium, aud is liable &
oil the objections which arise from {
comparison Of the benefits Of full
with the evils of & sean,y, circuia
tion." This is ~ true to-uay AZ il wal
then. And yet the plethora banking
institutions in the North are cry
Ing out for mono-metalism, do
msndiug the single gold stand
ard. And they use all sort
of mysterious theories 10 work upoi
the feafs OF our people If the duubl
standard shall prevail. Bat thei
theories have never got worked il
practice, Particularly do they toll III
now that "Lho cheaper VIII Grv8 ON
the dearer metal" Has 1t yet done /
in these United States? Does IL do il
in France? The double standard ma
tons are losing none of their gold
and, save our own, they arc gainin,
no greater portion of silver. No ma
ton Oh earth has any money metal Il
spare. Our own silver stock Is increas
Ing in The very face OF those theories
Or the nations Of the world, II has beef
shown that those having q population
OF, say, 100000, hayo gold rs thei
standard, land this Is msiply Greaj
Brittany with limited use o
silver IS subsidiary coin; Will
those having 100000 use tho doubt
E.sndard aud about 100 900, 600 have TIA
single standard OF silver
No, the South is the debtor nation
aud we are Interested In tho prefs,
red Increase OF money among us,rathe
than It's contraction and consequon
enhancement OF difn ulty to procur
Il, and the Inevitable higher rates. Nh
South Will never prosper IS tho Norti
until NO obtain tho implements to &,
cure prosperity. We need not deceiy
Ourselves. Our oommeloe, our Iaanl
featuring, our forming, railroad an
other industries must have that in
plement. We must borrow Il, liz
the starter of a business, If need b
built must be- somew here TO enable Y
to borrow. Stop silver coinage, an
thss put all power with the banks
; call in the gold, and you deprive !
OF Just so much Of o,
natural, constitutional and right,
means OF getting such implement, 4
well as deprive as OF our ability an
debtor section, to make payments /
mature. Thus you will make the rio
richer and tho poor poorer. The caus
OF the South 10 clear. The South IN
sil yer IL the sound.
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LABOR NATrERs,