Wood River times. [volume] (Hailey, Idaho) 1882-1915, 1890-03-10
SCISSORS Of accumulated capital.

SCISSORS OF accumulated capital.
IL in the exigencles of war for
self preservation, forced upon the toll
ing masses by the avaeice of the mvn
ey loaners, injustice is done, and hon
est debts are paid in deprecated pa
per money, the rich who have the con-
troll and the responsibility Of leglsla-
ton will have no right to complain.
The history OF the struggles of the
people of the United States for free
dom aud individual rights ought to
satisfy the avarlcious and unscrupu-
loas that there is danger in the at
tempt to establish universal peonage
of whites and blacks alike in coun.
try which has made such enormous
sacrifices to abolish chat.el slavery.
The people were educated to regard
gold and silver as the only materials
out OF which standard money could
be made, and they would have allowed
them to continue as the basis of cir
culsting medium, if the svarice of the
rich had not demonetized silver.
The attack on silver, which for the
purposes of money was more highly
priced and in more general use than
gold, was unfortunate for the stability
of accumulated capital. The specu.
lators in money and in debts are now
demonstrating that there is nothing
sacred in either gold or silver, and
, that metallic money is as much sub
jet to the caprice of legislation as
| paper or fiat money. II the volume
OF the circulating medium can be con-
tracted and expanded at the pleasure
of Legislators as we'll as when they are
not, what reason is there for their use
as money? II legislators can say
when and how much Of either metals
shall be used, WHY should they not say
when and how much paper shall be in
circulation?
The lesson that the designing and
INSCRIPTIONS few are teaching to the
many may be used to avenge the
outrage Of demonetizing silver. 1t
is jus. possible, if this agitation con.
tinues, that the producing classes may
also invoke legislation to enhance The
price Of labor and property and re.
duce the value of standard money,
and thereby relieve themselves Of the
unjust and ruinous obligations forced
upon them by the destruction OF half
the supply OF the precious metals.
The hondholders have shown the PEI,
pie how to make money scarce and
dear; they may in turn
SHOW THE BoNDHOLDERS now TO
MAKE MONEY PLENTY AND CHEAP.
The conspiracy to rob the masses
by manipulating the volume OF cur
rency is great educator. Good
may come out of this apparently un.
mitigat-d evil. This cruel and wick
ed contraction of :he currency to
make the rich richer aud the poor
poorer may be- followed by imitation.
1t would be amusing to hear the
graspiny few, whose sens" OF justl e
is not shocked ny robbery OF the mass.
IS. howl in despair If the standard
money of tbs world w"r. doubled.
Imagine the cries Of reputation, dis.
honesty, and fraud If such suggest
ION were made, and compare it with
the sanctimohious, self ri : hteous cart
which jns'iies the d. s,ruction Of one.
half OF he money metal OF the world
for the benefit Of the rich.
II the conspiracy against silver
teaches the people how to defend
themselves aga,ns, legislative man
ipulation devised BY the possessors
of fixed capital, the world will be
wiser and better Adversely has come.
Let the bitter lesson be needed. Let
it be demonstrated that the people
Of the United States have capacity
to learn. If manipulating the money
standards is leeitimate for the rich,
THE POOR OF AMERICA CAN PLAY AT
THE SAME GAME Why should no,
tho debtor resist contraction by
initiation, if need be, to save himself
and his family from robbery, starva-
ton and ruin? If it is honest for
the creditor to DESTROY one half Of the
worlds money why should it he dis
honest for the Debtor to double the
standard money in circulation and
relieve his burdens? Let the rich
and avaricious take warning. They
had better restore the money OF the
reople and stop agitation, if possible,
before it is too late.
Weekly Excursions.