Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1888-10-04

u k m 04eOO q k&eA 3
NUMBER / 8.
livers possession OF their own Interests
10 the keeping Of that small class Whosel
interests are ininlicaI TO their own
the manufacturing and mining corpor-1
afionso OF America. Ana, strange as ltI
may seem, there is no inconsider
number Of our fellow-citizens who are
so blinded by parlizan zeal as 70 beI
willing to aid by their votes that con-S
summation.
But there IS, on the other hand an
nrpanizat ton of citizens w.lo have for
their battle cry equal and exact Jus
tice to all mem be they rich or poor
the equality OF all men before the law
and & g,vernment of the people by the
people and for the people, as against
government of q class, by . class and
tor class. This party-the Demo-
|cratic-has presented an issue IN tariff
reduction to their opponent class, found
ed upon the above truths. And in de-
Gliding which. side OF that issue You will
align upon, my fellow citizen, you must
decide yes or no, whether you are sorl
the people or against the people;
whether you favor the many being
taxed for the benefit of the few, or that
all men as near as may be shall bear
I the burdens OF government III propor-
ton to the need Of protection that he
has.
The Republicans by their pledge to q
needlessly high tariff stand before the
country as being against the consumer
aud against large majority Of ths peo-
pie; the Democrats are pledged to do
Justice to all men, both producer and
consumer, by so. adjusting the tariff
taxes as to simply meet the needs 81
government for revenue. and at the
same time leave more tariff upon tor
eign articles the like of which is pro.
duced in America than makes the diff
ference between American wages and
European wages. IS
/ k1uu tl1t buAS 10 luOk y tL0A NA0a10 ~
the Mills bill shall conclusively show
before close this series of articles.
/ / shall not take up that branch q
the discussion just now, however. bu
at present we will c,nsider the f1nan
cial aspects of the tariff in connecticl
with the operations of the Treasur.
Department.
That the prosperity of given era =
!, q given country is larely dependen
, upon the volume ofcurrency IN circula
81 ton is truth SO automatic as that n
3 man will gainsay it. The less none
: there is in circulation, the lower "a
! prices of labor, the lower the prices G
6 the various commodities Of the produs
6 er. The less money there is 10 circuli
ton the greater the avidity with whic
t the prudent man clings to, hoards an
d conceals that which he has, and ti
Is greater the difficulty Of negotiatin
]. loans with bankers and other lender
). For the truth OF the latter part OF q
q above assertion need only refer to Il
.esera of hard times between 1873 an
: 1879.
r The money of country is that circ'
u lating medium for the payment an
g redemptiou of which the faith Of Il
government is pledged. or which, !
sr gold and silver. is Of aD..intrinsic vail
equivalent to the amount stamped "
= on its face.
d The total amount of money IN Anne
,e lea, whether boarded or in circulatio
n at this time, including gold, silver, go
= and silver certificates. greenDacks Al
D. national bank notes, is about 81 ,9Ot
1t 900 900. And whenever Of that amou
II any considerable proportion is wit
= drawn from whatever cause from g
s. culation among the people, IN prope
ton to the amount of currency 30 wit
drawn, there is stringency-there
hard times. And the greater the wit
er drawal the harder the times. the low
a. the prices Of labor and Of labor pl
ne ducts, and the more difficult 10 get a.
u-i the higher the interest on loans. q
=; this 81 800, ,Oo0, 900 is not all now ia g
d. culation.
OIL Under the funding acts passed
i'll Congress at various times for the p'
pose Of meeting and paying the grt
ee war debt as it accrued due 5000, 900, 2
he or almost one-third Of the entire mon
re of the country has been retired fr0
les circulation among the people. and
ia now boarded in the national treasu
nd to await the hour when our bonds
he come due. And no part Of this 81
ie-l can be drawn out and put in circu
Ice ton among the people unless tn
Is bonds are bought Of their holders
ST. .27 for $1.0O Of face value, when,
ne fact, every cent Of those bonds "
me bought BY their holders from the g
,ur ernment Ut great reduction from st
face value. But that IL neither b
~ nor there only that $500, ,OoO, ,0oO, OF ne
,us IL one-third Of the whole amount
DO money ii the country Il BY law loci
,m up III the treasury to pay the q
,It- when Ii natures. Then. 10 apply
int principles have hereinbefore en1i
iu-l ated ,by reason Of the ooIltraction of1
ID. currency incident to boarding
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