Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1885-09-23

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O. Ne new vs.l tssssd. silver csinsss'
ere pssssssss Clevsssus.
~ fa< Editor Of tie DispatcA:
| addressed : letter to the people IN
August, 1884. giving my reasons for
voting for Mr.. Blaine. In regard to
M. Cleveland ! used this language
.1f Mr.. Cleveland is elected, ae will
owe bis election 10 New York, for he
YES put forward and forced upon the
country by that great State for pur-
pose. That purpose Is apparent. IL
vas to foster. boild up, retain, and make
sure the supremacy Of New York from
he standpoint OF mere politicians.
He will not, he dare not, be-
sssy the policy Of the politicians
Of that State" The Herald is the
mouth piece Of New York-her money
power, bankers, importers, DC. The
editorials OF. this paper are dictated
fsom bapk.countcrs, the syndicates Of
capital, her great importers and manu-
fscsurers. This paper is the shadow,
or IL may be the substance, Of Mr..
Cleveland. OF this there can be no
doubt. The first act of Mr.. Cleveland,
and that In an untimely hour, was to
commit himself, notwithstanding the
protest Of his party, against silver
and its coinage. In this he is
neither q Democrat nor Republic
can. but merely the representative
Of New York and its first cousins
Chicago, Boston, Philadelphia-that
is. Of those classes in these great
cities. The Herald last year IN its
efforts 10 fasten its free rsw-material
policy on the country, and thus build
up New York and the manufacturing
centres of the East, sent its agents
around and interviewed the manufac-
turers and great importers, and it was
found that these manufacturers and i'm
porters, with great unanimity and with
out distinction Of party, favored free
raw material and special low duties
in special things. The country
ought to see the significance OF
their very selfish. personal ends.
For raw material free means the ag-
erandizement of the East at the ex-
pense Of the great interior, while low
tariff means heavy importations and
wealth and profit to the importer at
the expense Of the laboring classes of
the whole country. To increase our
imports sl0O.O0O,OO0 by low tariff
is TO reduce the American production
el00, 900. 900. while free raw material
would ruin or very seriously cripple
the manufactures OF the vast interior,
adding wealth and power to the East;
and this accounts for the unanimity OF
the manufacturers and importers Of the
East.
will now show that this paper is |
the representative OF these same classes |
in its hubbub about
SILVER COINAGE.
Silver is deposited in the Treasury and
certificates for the amount deposited is
sued to the depositors. So with gold.
And these certificates become a circu-
lating medium at their face value.
Whether the silver or gold is coined
or not does not give circulation to either,
SO far as represented by these certiti-
Gates. Silver and gold never have cir
culated among us, save for small trans
actions, and as long as the people have
confidence in the Government the silver
and gold in the Treasury represented by
certificates will remain there. and the
certificates will circulate. So in this re-
gard it matters not whether the gold
and silver are coined or not. Then,
why this hubbub about coming silver:
But the Government acquires at times a
surplus in the Treasury-partly gold,
silver, and paper--and the question
arises, Is it or not best to pay out this
surplus silver coin and retain the gold
coin, &c.f
There are two great classes every
and creditor. The credi-
tors are the bankers, usurers, bond
holders, &c. Shall these people be
paid in gold alone? Shall the amount
Of money. circulating medium be SO re-
duced as to make dollar worth to
hem two dollars, or so increased as to
make dollar paid them worth some
hing less? This is the question in a
nutshell, and this hubbub is designed
10 obscure it. That is all.
II silver is worth less dollar for dol
lar than gold, they will be paid in sill
YER, or ought to be, or in silver certif-
Gates. If it is at par with gold, then
Why not in the one or the other. Now,
The great body of the people are debtors.
II either must suffer, shall it be the
people or the moneyed men and sal
aried men? The patriot and philan-
Lhropist will not hesitate for an answer
and from the apprehension of these
moneyed classes comes this war on sill
YER. These classes am Mortified in
it--for the most part, both
here and in Europe, now own the poll
licians, the public press, and the pulpit
As well. They elevate them and they
pull them down. See, for example, a
distinguished philanthropist now with
insane hand shaking the bloody shirt
over the people Of great State. clsmor-
Gus about negro rights, deaf to the wall
Of slaughtered Chinese who goes to
Washington worth $4,000, and in
few years, with no ostensible business,
turns up millionaire aud bowling
philanthropist.
But, say the moneyed men, the labor
ers Of the country will suffer unless the
coming Of silver is stopped, for they
will b. paid in silver. Silver will de-
preciats in value, &C., &c.
Indeed Let US suppose labor is 81
. day. IL the silver dollar as COM
pared with gold gets to be worth only
ninety cents in the dollar, then the la
borer will DO paid in silver. Does the
Herald suppose the laborer will stand
thiss Did that paper ever hear of
strikesg What will the laborer do y
Let me remind the Herald that labor no
longer takes of its hat. The laborer
viii at once demand an advance in his
wages and get it. The price of labor
the world over il governed by the cost
OF living. II that is high, labor will be
high il low, labor will be low. If five |