Elmore bulletin. [volume] (Rocky Bar, Idaho) 1889-1906, 1890-03-01
~ rms L,oNs DEN.

The friends Al unlimited coinage %
silver bearded the lion IN his den On
the goth nlt. hy ha,lling mass meet
ing in New York City. Tom Fitch OF
Nevada and General Warner 81 Ohio
made able speeches. The Chic gen.
tleman said that nothing could con.
Germ the people more than money
lie presumed that all would concede
as fact not TO be disputed that the
present range Of staple commodities
in the world was as low now as in
1913 and 1919. or before the gold dis
coveries in California and Australia
To-day, 10 get a dollar, n farmer must
give three measures OF wheat and The
manufacturer three tons of iron, TO
get as much gold money as two meas.
ures would exchange for in 1887 l.
the change in the goods NJ in the
measured There are the same n,i.S.ber
Of grains in the gold dollar as in iG73.
A change in money may come by in
creasing or decreasing its weight.
Take the period of tweniy-one years
previous to 1873, when the production
Of gold and silver was at the rate Of
1852 100000. During that period the
wealth increased as il never did before.
There was an outhurst Of phenomenal
prosperity. In 1873 prices began to
fall, and they continued to fall and be-
came less than when gold was dis
covered. From 1873 down to now,
Germany, Italy, aud the United States
have not only absorbed all the gold
that came into Use dnring that period,
but have compelled a redistribution in
all other countries. In three decades
the population will he greatly in
creased, Where is the money to come
from for the increased demand? But
this ID the prospect the gold magnates
hold out to us. Are We 10 stand this2
Are the debts of the world To be dis
charged at the prices OF products Of
the fourteenth century, No; Con-
gress will be called upon to right the
wrong done in 1873 by restoring the
coinage of silver. Why, that act Of
demonetizing silver was no more justi-
fable than hierarchy. Where is the
right of one class to change the meas
ure OF another? Why, il il had been
proposed TO add another metal to gold
and silver TO cheaper money, the peo-
pie would have cried out against the
fraud. l. il any more justiiiable To
change the measure in such away that
il would not be found out? IL was
done, not for the benefit OF the world,
but for small minority.
Ex-Congressman Fitch Of Nevada,
at the close Of his able and eloquent
remarks said:
The growth OF the Nation has been
phenomenal, but the industries have
been captured by the few as fast as
they have been created by the many.
II is slavery we have to-day in the
North, created and sustained by ma
chine more powerful and complete
than that which our arms overthrow.
Labor runs the earth and hammers it
into ponderous forms of Offering
blades. II is the toll OF labor alone
that guards the Nation from poverty
and want"
Some one in the audience, at one
portion OF Fitch's speech, asked how
President Harrison stood on the ques-
ton. Fitch in replying, said that
Harrison had disregnrded the silver
plank in the platform on which he
was elected. He might. however, in
time give the people justice. II would
be well, said Fitch, Tor the future
Presidents of both parties to turn
their eyes to the West. The new
States would coon turn the tables on
New York, the pivotal State. While
New York might continue To deal the
cards the new States would take a
prominent part III the shuttle.