Omaha daily bee., 1890-05-04
DANIEL KNEW IT.


BEE: To my mind there is but one radical
means of relief for the present worldwide
depression of values-that is the absolute
free and unlimited coinage of silver. Now,
don't think am branching off into vagaries,
but believe you are firm believer in the
bible You know that the present deprcs-
sion, in fact since 1S73 all over the world,
has been the worst ever known in the history
of nations. In the last chapter of Daniel you
will find this depression predicted-to be
followed eventually by the restoration
of the Jewish nationality, mainly through
| the instrumentality of the Grand Duke
Michael, now in command of that section of
the Russian empire where the Jews are now
| mostly congrcgated. In the preceding
| chapter, you will find the prediction
| of England being in charge of the ''precious
things" Crevenues, etc. of Egypt, and
spreading her power over the surrounding
| continent, as seen in her control of the Suea
| canal and operations in the Soudan, etc The
chapter also predicts the conquest of Con-
| stantinople "by planting his palace between
the seas' (Mamora, Black and Azof). Now
as understand it this predicts great war
| in Europe, TO settle the eastern question: and
liberate the Jews from their long exile
Another thing to notice is the steadily in
creasing population of Jerusalem and the be-
lief among the Jews of Europe and Asia that
their nationality is soon to be restored and
even now some of the lost tribes (Asher) are
making their reappearance Now believing
as do in the bible and the prophecies, after
careful study of years, find they are based
on mathematical principles beginning with
some historical epoch; for instance that of
the ,29O years from the destruction of Jeru-
salem by the Romans in A. d. 20
to the appearance of Wyclyf, the reformcr
in 1860, which was the beginning of the
end of the Jewish exile. Taking this as a
guide, allowing ,260 years (forty-two months
of years. from the conquest of Jerusalem by
the Mohammedans in A. ID. 637, we have the
result as A. d. 1897 when the Jews are to be
restored, or the 1856 years from the birth of
Mahomet when the Jewish temple is to be
rebuilt Gn 1902. Pardon this long digres-
slon because you may ask what has this to
do with the reconciliation of silver. In this
argument you will notice three things, time
OF depression, great war and the restora-
tion of the Jews. Concede the time of de-
preston and we have one fact then the
others must necessarily follow. AS matter
of craftsmanship, an enlightened self-inter-
est will teach the American people to take
advantage of what is coming. To do this it is
certainly the part of wisdom to relieve tho
distress of our deople by enhancing the value
of property and cheapening the value of money
coin by making 1t cheap and PLENTIFUL and
in what better way can this be done
than by throwing open the mints and coming
all the silver that is offered At the best the
mints can only coin about S65, 600 900 per
III SilNt lJdhliiS nearly six years TO
coin an amount equal to the grcenbacks)
This will Immediately lead to an enhancement
of the value of silver, and cheapening of the
value of gold, giving great incentive to men
to flock to the western mining states and ter
ritorieS to dig the precious metals in a region
1,2OO miles in width extending from Mexico
to British Columbia. This will add millions
of population to the west and in all that vast
region scarcely bushel of corn can be raised
on account of the attitudes. These millions
must be fed and clothed, they must have ma
chinery, etc, and their animals must have
corn and oats, creating great market for the
agrculturists of the west, in this way using
every available bushel of corn, now
tries. Under the stimulus of a
growing section, every manufactory in the
country will be called upon to supply the
steadily growing demand The news of this
prosperity and fear of approaching war will
cause an immense immigration from Europe,
so that present and future mines will be
taxed to the utmost to supply the money nee
essary for the business of the country. OF at
any time the treasury department wants to
clean its vaults of the present or future ac-
cumulation of coin, what is easier than for |
congress to order the secretary to withdraw
the gold and silver certificates so the coin can |
go into general circulationO |
i never could see any sense in the cry of |
this country getting on silver basis, Except |
in times of scarcity wheat has always been ON |
a silver basis and the wheat has never |
0etcrlOrateu) as our nllntS are limited, or |
rather can only coin so much silver per an |
nun. Suppose gold does leave the country, |
we are not obliged to take pay for |
our exports in European silver Now let this |
big European war come, and it looks that way |
by present Indications with Italy, Austria |
Turkey and Russia bankrupt in coin and all |
of our silver in circulation among our own |
people, and with Germany and Great Britain |
as gold nations and we refusing to take |
European silver coin, won't they rake and |
scrape together all the gold they can get to 4
pay for our productsl With this vast drain
age of gold from Europe to the United States
what will those nations have left to pay their
armies but deprecated paper and silver, in |
this way forcing silver into general circula-
tion, necessitating the call for an interna-
tional conference for the restoration of silver
among all nations. After the war closes,
with the Jewish nation restored, must nee
essarily come the development of Asia and
Africa; with great railroads from Alexan-
dria through Jerusalem to China,
another from Constantinople to the
Persian gulf, and still another
through Siberia with future routes
through Africa, TO be determined mainly
through the operations of Stanley and others.
1t is hardly to be supposed that in all this
time the people of North and South America
will stand idle. In view of all these things, /
for one can see no reason TO fear the future
will ever be burdened with too much money, |
but on the contrary there is cause for dread
that unwise cOunscls may prevent or rather
retard the development OF the world for ages
to come by limiting the monetary supply Of
the nation n, II. TEST
FRANCIS NIURPII IARORS |