The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1890-12-09
WE TOLD YOU so-MoRE MONEY

Ii Is most gratifying 10 note the way
in which the leading Republican papers
of Kansas, that one year ago were tell
ing the people that the EAGLE had hope
lesslv and irretrievably fallen over into
the ranks of the Democratic party, are
now advocating in double-leaded leaders
the very things for which they ostracized
us. Notably the Topeka Capital and
Herod, both of which papers hooted
at the EAGLES Rebellion and neither
one of which ever deigned to quote a
single one of the many editorials in
which we designated the troubles that
were coming to the Republican party.
Eveen the Kansas City Times, the Demo-
cratic mouthpiece of three states, pub
! lished in full, and double loaded, num-
Der Of the EAGLES articles on more
Money" on "Watered Railway Stocks"
on Consuming Interest" the Mckinley
bill determinations, and like matters.
But these other papers and many other
Republican papers, laughed to scorn the
declaration OF the EAGLE that there was
but IS or $40, per capita, Of money in
actual circulation; citing WINDOWS
windy words TO the contrary.
We now ask these papers where would
this country have been three weeks ago,
at the time of the Barring troubles, had
congress failed to give the country that
compromise measure for Plumbs free
coinage act? We say that there would
have ensued panic and prostration of
values such as this country probably
never experienced, in which hundreds of
men would have gone to the wall every
day this winter. Quoting the language
of one of our editorials: "the stringencY
sis worldwide, the depression universal,
land this usury-ridden nation of people
'must have relief in the way of
''an increase in the volume of
currency, must have more and cheaper
''money, or sweeping bankruptcy will
follow" And again; "the supply of all
characters and kinds of money is short
and the dollar of gold, silver and paper
because of relative scarcity, is too dear
'and of too great purchasing power, en-
cabling the creditor to rob the debtor;
1.-The dollar in the pocket of the capital
''ist being out of all proportion in its
power as compared to other values"
Even the EAGLES criticism of the
Kansas delegation was received with
poor grace.
But we must have more money, what
ever the Wall street goldbug, the banker
or the creditor may say to the contrary.
Not only are the ordinary debtor and the
mortgage classes surely sinking, but
the average business interests of the
country are hampered and threatened
with insolvency, rendering otherwise
possible enterprises and movements in
5he direction of general improvements
How shall we get it? Make it. Make
It through Plumb's free coinage bill, is
one way, and safe way, because it pro-
vides for the unquestioned basis of gold
and silver, good the world over; make it
good for all debts, public and pri-
7ate, and make it of as large a
volume as the principal of redemption
n coin or in bullion will warrant, even
o the doubling of the present circula-
ion; make it, till the holders of the
present volume are pressed into disgorg-
ng and into investing i'll realty and in
Ill other pon-monetary values. Then
will be restored and good
lines will come. There will be growth
nd increase in everything and every
where, instead of the present universal
ear of maturing liabilities, distrust of
and uneasiness over shrink
ng and dissipating values.
Make it and there will be a chance,
he only chance, for the Republican
'arty in '92.
The Leavenworth Times pretends now
o fix the exact amount of the proposed
Increase. That is but guess work. A I
xed or stated increase might depreciate
r effect the value of the government
promise to pay" and we want only gold {
nd silver and the promise to pay" of
n equal value. The Capital calls for the
mount named in 80 and in go by the I
AGILE, Wis. hundred millions moro of
ational currency. That is at least .
lfe sum by which TO increase, but one
7hich would probably fall far short of {
he present and continually expanding
emand of rapidly growing nation.
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