The advocate., 1891-07-08

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has checked production, paralyzed business
and produced universal alarmp Do you not
know chat your ''wise old bird, " England, is
paying premium for gold to save herself
from bankruptcy, and that her leading
finanCiers declare that IL is impossible for
her TO "whistle away" bankruptcy unless
she can increase her reserves of goldH
WHY SHEER AT FRANCE.
Why sneer at France for using silver2
Have you forgotten that when the Barings
failed the "wise old bird" was compelled TO
borrow from Che Bank Of France TO save
herself from immediate ruin? Is it ignOr.
ance or insolence which inspires you to tell
the people of the United States TO buy gold9
You know, or ought to know, that that is
just what all the people of the civilized
world are trying to do without success.
Whoever buys gold must pay dear for it.
Those who will pay the highest price will
obtain it. Whoever obtains il will sacrifice
his property or his freedom. The rich who
have gold are the sole benefciaries of your
policy. Under the gold trust their boards
are increased in value while the people are
sacrificed.
GRAND REBUKE TO FOOL AFFECTING
TO BE A SAGE.
This consclenceless, egOtistical charla-
tan Of large proportions is thus taught
truth:
The attitude your millions induce you to
take towards the people reminds me of the
story of the Quaker who happened to be
aboard an American man-Of-war during
our unpleasantness with Great Britain in
1912. He refused to fight because it was
contrary to his religion. But when the red
coats commenced boarding the ship he
caught up q marline-spike and beat them
away most vigorously, protesting all the
time, II don't mean to hurt you; trust you
can SWIM" You say TO the struggling
massGs who are sinking into bankruptcy
and despair under your money trust, 81
don't mean to hurt you; trust you can pay
gold"
We told you before the Barings failed
that the commercial world, IL required to
pay in gold, was bankrupt. The dismal
array Of heavy vaults which that failure
disclosed seemed TO have inspired you with
profound admiration for the work of the
Conspirators who demonetized silver and
put the business of the commercial world
under the control of the gold trust. II must
be confessed that your scheme Of contrac-
tion has worked to perfection.
During all the ages silver was q precious
metal equally with gold. Either could be
exchanged for standard money without loss.
Neither was the standard, but tHe coin, COM
posed Of either, was the standard money Of
the people. When you deprived silver Of It's
royal right to coinage and conferred the
honors which had been enjoyed by the two
precious metals for thousands of years,
upon gold alone, you not only made gold
more precious, but you more than doubled
the duties it was required 10 perform. It
was the only precious metal in the CONNER
cial world recognized by law, and became
an object Of universal desire. Ills grow
ing necessity in dentistry, photography and
many other arts. It's enhanced value has
increased the demand for its use IN orna-
menting the places of the rich 10 mark the
distinction between those who possess and
those who produce wealth. The poor can
not possess it. It is unCOntaminated by the
touch of the rabble. The fashionable
churches and oathedrals of Christendom
are gilded with gold. Themosque, the tenn
pie and the joss house Of the Asiatic are or