Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1886-01-28
Should be Read.

The history OF nations IN all past
times proves that contraction of
currency has been the immediate cause
of business depression. Contraction
does not help anybody except those
gents who hold the money in their
grip and whose consciences are locked
up in their wealth with their gold.
Sheep ticks bleed sheep, money ticks
bleed men and their anxiety to blind
the peoples eyes will surely eliminate
in opening them to their selfish depra-
witty, their hypocritical deformity and
bring down upon them that retribution
which intellectual progress is sure to
discover and punish.
Indeed they are even now showing
the cloven foot to the deeply interest
cd searchers after truth. Constitut-
ional violations are peerihg from the
net work of assumed legality, and
their specious logic that tells us that
a dollar will buy twice or thrice as
much as when we have three or four
times as much in circulation, and is
therefore cheap money, is being
unmasked. 1t is shown from all
past experience that the purchasing
power of the dollar depended on the
ability of getting hold of the dollar
and. as the goldites are in possession of
nearly all the money, nobody is bene-
flied but them. This money is
excessively dear to the producer,
because his products will bring only
half their value, and if he has a
mortgage On his farm of $1,000, it
takes twice as much to pay it. If his
products brought the prices they do
when there is an initiation he would
have $4,000 instead Of 1000, conse-
quently, would be able to pay double the
amount he can under the stringency
of contraction. Other departures from
right. justice and honesty, are showing
shrough the snide wash of these rob-
bers, and we think the intellects of
voters are not too dull to perceive the
double damnation wrapped in the
false covering.
But evil carries within itself the
seeds of it's own destruction, and in
their boldness and haste to make
themselves millionaires, and helpless
slaves of our citizens, they are pushing
things with indecent haste, as witness
their eagerness to demonetize silver
and throw out of use all small bills.
They are so over hasty that they virtu-
ally ignore their own acts by paying
premium on small bills because the
Southern merchants have sense enough
to refuse to pay transportation on gold
and silver. Nobody wants gold or
silver, and everybody except the shy
locks prefers the greenbacks. signif
cant fact, worthy the particular
attention of voters. Redundancy of
currency means more than sufficient
for the business of the government
and the people, time which this
nation has never yet seen. Compare
the per capita of fifty or more dollars
with tho present of considerably less
than half the anount-hold up the
comparison of prosperity, and the
merest neophyte in finance would be
ashamed to say the lesser circulation
is the better.
The people are investigating and
are beginning to comprehend the fact
that gold and silver are unfit for
money, because of their comparative
scarcity, their great expense to the
people, and because the monied oligar-
chy can and dc handle them So as to
undermine the best interests of the
people while they make millionaires of
themselves The light of political
economy is showing that single kind
of money, made of the cheapest ma
terial, is for the best interests of all
showing that a national bonded debt
is an unnecessary curse instead of
blessing-that usury is an onerous tax
which keeps men poor and prevents
their children from enjoying the edu-
eational privileges their due-that
Congress through the negligence of
the people, has gone into partnership
with monopoly to rob, debase and
enslave the masses. Inklings of these
facts and others are assuming form
and definite proportions in the minds
of those seeking for truth irrespective
of party prejudice, and will in due
time crystalline into organization capa-
BILE of crushing those blatant errors,
and bring back this government to the
principles of the Declaration of indie
pendence. r. K. SLossON, in West
ern Rural.