The midland journal. (Rising Sun, Md.) 1885-1947, 1889-11-22
That "Silver Ring"

| Inc fnlIauelpnla Tunes In recent issue
devotes half column editorial 10 an invita-
ton to the National Silver Convention
which is to assemble at st. Louis on the
10Th of this month. The entire article is
made up of reckless assertions and inyec-
tive adjectives. No facts are advanced. The
closing paragraph of this TRADE contains the
following:
"Next to the Whiskey Ring, the Silver
| King of the West is the most potent and de-
moralizing factor in misshaping our nation,
al legislation, and until both shall be over
thrown there will be no reasonable trust in
the revenue or financial measures of Con-
gress."
This man Mcclure who is employed by
the gold ring which owns the paper, must
have large faith in the ignorace o. forgelful-
ness OF the readers of the Times. Last June
this Whiskey Ring, Mcclure now pretends
to mathematics, had whole pages of tina t
paper turned over to its use day after day.
filled with false, cooked statements, which
Mcclure knew to be false, and which he re-
fused to have contradicted.
The gold ring and whiskey ring in fact
own the Times as they do a large majority
of the daily papers of the Eastern cities,
which accounts for the TRADE of one of their
Philadelphia organs against what it terms
the ''Wesern Silver Ring" This so-called
ring which is denounced by the Philadel
phia whiskey paper, is "ring" which COR
responds 10 what such organs might term
an Agricultural Ring, embracing in its
mighty circle all the farmers and laboring
people in the country.
The two giant danger rings of this coun-
try are the gold ring and the whiskey ring,
which 60 hand in hand. These two rings
have been backed by the United States
Treasury for twenty-five years, and they
| have dictated the financial and the liquor
policy of the government straight through
all that time. There cannot be a line found
in the Treasurers' or the Commissioner of
Internal Revenues reports in the last quar-
ter of a century that has not been in strict
accordance with the wishes of these two
rings. Their steady robberies and unsatis-
fled greed have brought the formers of the
nation, with scarcely an exception, to the
very brink of poverty and bankruptcy.
lfa silver ring existed, as there is a gold
ring, silver never would have been demon
etized. That is patent fact. If gold was
demonetized and silver substituted as the
money metal of the nations of Europe and
the United States, gold would tumble in a
twelve month, if not sooner, to where silver
is now taking its place as one of the articles
of merchandise, and 80 per cent below sill
yer. This gold ring has so robbed the in
dustry of the European nations and the
United States, that the out cry among them
for the remonetiza ton of silver bids fair to
soon become universal.
Why did England demonetize gold in
India and silver in her own country. and
then work so silently and with such ENERGY
to have silver demonetized in the United
States and the continental nations of Europe2
The answer is plain. By inducing the gov
eminent of the United States to make silver
an article of merchandise in place of a
money metal, England could buy the silver
OF the greatest silver producing country of
the world, and transport it to her provinces
in India where she had gold demonetized
and sell the silver or place 1t in the minis
of that country at the full value that gold
coin is in this country and in England. Tins
making thirty-three per cent clear profit on
our silver. This is what the English gold
ring has accomplished by its skillful manip.
nlatiun of silver with the assistance of the
United States Treasury. And in this finan.
cial juggle the English gold ring has sue
ceeded in the last fifteen years in bringing
the farmers of the United States down TO a
condition not so very remote from the Indian
Hindoo farmers, whose wheat and cotton
they purchase with our silver at 80 per cent
discount on the gold price they have fixed
for our wheat and cotton in the London and
Liverpool market.