The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-10-27
The GREAT QUESTION.
HON. JOHN n: REAGAN ON SILVER
The Silver Problem and Inter-stnte
Commerce - Demonstrating Silver
tho Greatest OF Frauds-The
National Debts OF the
Worid--Robber Policy.

The following Is an extract from q
recent letter by Hon. john III. Reagan.
Palestine, to the editor of THE HER
ALB in his private capacity, but it is so
full OF valuable data Ia lucid state
ment on such sn ali-s5soroing oues-
ton to the South that the publication
could not be resisted. Judge Eesgao
says:
al am very glad to
soc that THE HERALD and many other
Texas papers sre taking o decided In
te!est In the question OF the preserya-
lion OF our silver coinage. In another
enclosure / send you copy OF my iu-
teryiew with the Times Democrat on
that question, as you request. / also
send you brief interview with the
same paper on the question Of inter.
slate commerce. Aud on this latter
question l send you three speeches
made by mo Ill Congress, in the hope
,hat you Will take time to read them,
because some one who sometimes
writes in THE HERALD on this subject
has evidently not studied the question,
which Is one OF the greatest CT our
country aud times. l will be mnoh
gratidei II you will carefully examine
my interview on the silver question.
The attempt to demonetize silver Is
ONE OF THE GREATEST FRAUDS
which has been attempted on man.
Kind, aud must oe aud viii. DO thor
oughly rebpked. Please examine ca
peclally the three tables presented in
my interview, and see how completely
the Official tacts presented by them
answers the stareoJyped fslsshoods 1
tho bankers and boudholders.
In the3Wettminster Review of 1876
the national debts of the world are set
down OF S23,00O,000,000 (twenty-three
thousand million dollars). The sggrs-
gale Is very much larger now. These
debts must be paid in gold and silver,
the worlds money. Paper money is
local only in its nature, created by To-
cal law. The railroad Indebtedness OF
the world was at the same time &c,
down as $4,000, C00,000 (six thousand
million dollars). And the municipal
and other debts were, at the same time,
set down at $4,000, eco Give Thousand
million dollare). Local paper money
will pay but small part of this aggre-
CATION Of $4,000, 100000 (thirtY five
Thousand million dollars). And re-
member 1t is greatly increased now.
The most of ii
MUST BE PAID IN GoD's MONEY,
gold and silver. You sea in ono of tn @
tables present that in Is OF tho princl-
pal commercial countries OF the world
there Is estimated to be only So, 65s, l5i,-
40i In gold and silver coin and bullion
Compare that SUN with the sum OF tho
public and corporate debts OF the werld,
w On N.N I'm -
debts Is TO the aggregate of coin and bull
lion, as about ssven 10 one, Most OF
these debts were contracted 10 DO paid
In gold and silver. Now iftne folly and
wickodness of the nations OF tho cart h
shall destroy about one-half Of the
metal money Of the world, when and
now can these debts ever be paid?
Would such course not ~:
a MoNEYED AEIsTOC EACY,
aud permanently enslaVo the great
mass OF tho human family? Who
doubts this or would have the impu-
donce TO deny II? And this leaves gu,
OF Wow tho billions of dollars of tho
private Indebtedness OF the world.
To illustrate the impudence and
audaclty of this great scnome of rob
berry, aud for tho enslsviuc OF the
great body Of the human family, lot
us see what countries have gold as tina
legal tender, Whist countries have gold
and silver as legal tender, and what
countries have silver only as legal
tender:
Gold standard countries -Groat Brit
ain, Germany, Canada, Norway, Aus
tralia, Sweden, Portugal, Denmark.
The total population of those countries
Ia @,0O0QlO.
Gold and silvos standard Countries
The United Statea, Holland, Column
bic, Belgian, Venezuela, France,
Chilli, Switzerland, Uruguay, Italy,
Tho total population OF these countries
Is 1880, GOO. Mere than doubling tho
population OF tho gold standard coun.
tries.
Silver standard countries Russia,
Mexico, Austria, Central America,
Egypt, Ecuador. British India, Peru,
China. These have u total population
of 1GS,9li, ij6, about oight times as
msny a. tue pooplo OF the gold stand
ard countrles.
Great Britain ald Germany are great
creditor nations. Thoy propose 60 rob
tho balance OF the world. New York,
Boston aud Philadelphia arc ere ditor
cities. They propose oy this means to
rob tho balance of the United Statog.
They are willing TO sacrifice
justioe, honor, truth and patr'otiam Ia
order 10 atlll further enrich thom-
selves at tho expense OF othor people.
They would even sRclilloo ths pros.
neritv, happiness and liberty OF tho
American people IN order 10 grstlIy
their abominAulo aud shameless greed
for gain.
ono moro poipt, long rs hsvo mado
this letter, wlsh especially to call
your attention 20. That IL that
there IL
No REAL DEPRECIATION IN TIL. VALUE
OF -nE SILVER DOLLAR,
only u forced increase OF tho value OF
gold. IL IL were not for making this
letter too long would make this 40
clear that no one could doubt Il. Rs-
member also that tho apparent dopre-
citation OF silver has been brought
about by hostile legislation and un.
friendly and unlawful administrative
action. and by the conspiracy OF
bankers and bondholdcrp, and that 10
10 not the result OF natural causes or
or tho laws OF trade. IL the laws OF
trade had boon allowed 10 Keep on In
their regular course, and had not been
interrupted by hostile legislation In
Great Britain aud Germany and q fcw
countries which they control; aud II
our own country had not arrested tho
free and unlimited coinage OF silver
the same ne OF gold: n our secretaries
o. the treasury had obey oil tho law aud
paid out silver 10 reduce our interest
besriug public debt. instead OF reius-
ingt3 lrest ~ as money, snd hoerdlng
and niscredltlbg IL; ana II cur banks
had not refused to receive it on sc-
count, so could have beat down
TltE HOMER roLfCr
Of Gceat Britain and Germany and
would have kept gold and silver at par
with each other IS they have all the
time been kept In France and other
countries. And II the American pso.