Nevada County picayune., 1891-03-26

WOTlu, tlc Didoo VI WV PNoP'O
better off than elsewherc-the wealth
of the country not concentrating
in a few hands as in the United
States, England, Germany, Austria
and elsewhere, where money is scarce
and dear, whilst the people are numer-
Gus and poor, their products abund-
ant and cheap.
CHEAP MONEY.
A great deal of nonsense has been
recently uttered, ignorantly or knav-
ishly. about silver as being cheap
money. What can be cheaper, IN
trinsically than notes, bills and
checks? Which has the greater in
trinsic value, S2,000,0 600 check, a
$4,000 treasury note, 500 gold
certificate, 81 silver certificate, or
a beggarly 10 center! Has any OF
them the least appreciable intrinsic
money value? 1t would be i'm
possible to estimate such intrinsic
value. How is it possible for silver
to become such cheap money !!
Where in history can an example be
found, unless when and where silver
became as stones In the valley -?
Wasn't gold once very cheap
money in Spain? Suppose diamonds
should become as plentiful as the
pebbles on the sea shore they would
then become very cheap. Money
gold. or silver, or paper-becomes
cheap when 1t is in great excess of
all the demands of the peeple--not
otherwise. 1t is very dear, when
scarce and scarcity of money tends
to reduce the mass of the people to
slavery.
The people of the United States
number 81 100000. They need at
least So per capita. That calls for
money volume of 81 800, 600, 900,
instead of our beggarly 81, SOC, 200,
900 or less. OF that amount 81 600,
900 900 should be gold; 81 600, 200,
900 silver; 81 600, 200, 900 notes.
Should all our gold and silver pro-
duct be coined as fast as it is mined
| it will take from 30 to $50 years to
coin enough gold and silver to meet
the demands. Every year adds 2,
900, 500 to our population, requiring
an additional circulation of Sl5O 900,
| 00O-three times or more Of our sill
yer product. What are we to do!
Drag alone with SO or less per cap
tia, so that the poor may become
poorer, and the wealth of the coun-
try concentrate in the hands of fe"
millionaires? Such must be the re,
suit of scant circulation, of dear
money, of strictly gold coinage.
! How is it that Big Man-Afraid-
he-Dollar- of-theDaddies' knows
so much about driving gold out Of
the country! In what countries has
it been done? France is surrounded
by the enemies of silver, and YET
France-according to the director O.
our mint-has a silver circulation
nearly as great as that of gold
Doesn't France claim to have even
more silver coin than gold!
Moreover, Germany is now pray
ing for silver, for the double stan
dard once more. She sees the pros
perity of France and recognizing
that her own poverty is due to heI
folly in demonetizing silver, she il
now getting anxious to retrace he
steps.
DEAR MONEY AND HIGH TARIFF.
Are the two twin denominations o
this country; they and sectional hos
tility are the three legs of the tripo
that upholds the Republican party
and they are unconstitutional. Cole
and silver are constitutional money
/ low taxes, home rule, and fraternity
are constitutional. The Democratic
party is the party of the constitution
is the party of hard money, gold anC
silver; is the party OF low taxes
home rule and fraternity. The Re
publican party is European in poll
tics, government, and for gold mon
cy the Democratic party is Ameri-
can in politics, home rule, and silver
as well as gold. The Republican par
ty would concentrate the wealth of
the country in the hands of few and
and make the mass of the people
slaves; the Democratic party wants
to see every man a well-to-do free
man, living independently under his
own vine and fig-tree, each citizen
the equal of kings and queens, of en-
perors and expresses.
But if afraid that silver some time
before judgment day-certainly not
! during the next thousand wears may