The great West. [volume] (St. Paul, Minn.) 1889-18??, 1891-07-03

admit that there is not enough gold
to maintain the business and credit
OF the commercial world?
"For eighteen years the basis Of
credit in gold standard countries
has been growing narrower as the
single standard has been extended
and the production OF gold fallen off,
while the structure of credit has been
growing proportionately larger and
more insecure until the relation of
credit to actual money, as disclosed
by the Baring's failure in gold-stand-
ard England, has alarmed the world
and started anew the scramble for
gold that threatens all business un-
dertakings and stalks as menace
to every legitimate enterprise.
eve have been doing business,
paying debts and distributing our
annual products by money stand
ard that has been growing dearer
and dearer until it is so per cent
higher than eighteen years ago,
when silver was clandestinely de-
mOnetized. The people are deter
mined that this injustice shall cease
and it will cease in spite OF the
sophistry of gold worshipers or the
cupidity of credit holding classes.
The remedy is in the restoration of
Bimetalism. Support the credit
structure of the banks and the coun-
try by both the metals under free
and unlimited coinage.
"Had it not been for the increased
coinage OF silver under the act of
July, 1890, we could not have stood,
the drain of gold that has recently
been going on without the precipi-
tation of panic and prostration of
business. Gold and silver without
limit are money by the constitu-
ton. This money must be restored
to the people. This is the paramount
issue in this country and should be
made such in the elections this year.
1--WE regret that the republican
state conventions of Ohio practically
declared against the free use of silver
as money, when they Endorsed an act
of congress which treats silver as a
commodity. The demand for free
coinage of silver is a demand that
silver shall be coined for use as mon
ey, not bought as commodity. It
is demand that silver itself shall
be money and be coined in the same
manner for use as money as it was
for scores of years before Mr.. Sher-
man omitted from the mint bill in
1873 the silver dollar.
eff the silver of the world and all
that can be produced cannot be re-
stored to it's place as money to- sup
plement gold, bankruptcy and ruin
are inevitable unless some other kind
of money can be devised to take the
place of both. Let the Ohio conven-
ton, representing the gold trust,
take warning that if silver cannot be
remonetized gold will be demonetized
and paper substituted for both gold
and silver. The people will not be
destroyed for want OF money. The
gold trust, by rejection one OF the
precious metals, has taught how
both may be rejected. The radical
ism of the republican party Of Ohio
for contraction is in danger of being
met by a radicalism for imitation.
The time for subterfuge and am
biguity OF language is past. Plat
forms intended to deceive voters are
insulting to the intelligence of the
American people,"
State Farmers Alliance.
FOREST LAKE, Mimi, June 20, 81.
EDITOR GREAT WEST:
Please find the following report:
Cash receipts from local alliances
since my last report:
Alliance, No. 1349, Adolph
Rehaume, Annandale, mem
bership fees. $500
Limestone Alliance, No. 1925,
E. Sigvaldson, dues and
membership fees. 3.55
West Richland Alliance, No.
1911, E. q. Hoover, Fari-
bault. dues ..................... LOS
Wilton Alliance, 1850, John
Bowers, Waseca, member
ship fees. ACKNOWLEDGEMENTS. 200
Union Alliance, No. 11O4, A.
G. Rugg, Graceville, men,
bership fees 200
Big Lake and Becker Alliance,
No. 513, John Black, Big
Lake, dues $40, National
Alliance dues so cts............ 400
Hamlin Alliance, No. $50 B.
Hans H. Danwick, Madi-
son, dues. ACKNOWLEDGEMENTS. 2.3O
Collingwood Alliance, No.
1850, Olof Anderson, Des-
sci, membership fees........... 200