Middletown transcript., 1891-04-09
lates solely to the currency.

lates solely to the currency.
1 / know that the farmer is too apt tt
/ reason that that If II he he can get more for BIZ
! grain than he now does that his con
ditions will be materially advanced
Could some farmers produce greai
crops of certain cereals while great
many others produce nothing, ane
thus cause scarcity. Those more
fortunate farmers would undoubtedly
realize their hopes; but that would
be the result without regard to legis
lation. But the raising of wheat
corn, oats, potatoes and beans is 9
manufacturing business after all. The
naked land will produce nothing with.
out mans skill and mans genius /; and
mans genius, and skill, and energy
may turn a waste marsh or a rough
hillside into a productive sell, and il
bestops there, the soil viii produce
! nothing that will be of value to him,
/ The machinist can build mighty
| looms (upon which can be woven the
finest fabrics at minimum of cost
and his machinery is complete and
perfect when he turns it over to the
mill operator. But if genius and
energy is not applied to the loom, it
will remain, like the farm, unproduc-
tive, and to attempt to draw distinc
tion between raw material and the
manufactured article that will be abb
solutely correct, would be to make the
raw material that which is only the
creation of God without the interven-
tion of man, and the manufactured
article would be anything that was
created by man from the gifts which
God has bestowed upon him.
And the wheat in the granary is
Just as much manufactured article
as the cotton cloth upon the shelf |;
with this exception That it require
ed more labor to produce pound Of
manufactured cotton cloth than it did
to produce pound of wheat. And
as sure as the sun rises, SO sure is it
that if the price of the cereals grown
in America be raised in the foreign
market (the conditions being the same
as now it will only be because the
currency Of the United States has de-
preciated in the markets Of the world,
and after all the apparent apprecia-
ton in prices Of cereals will be un-
real. The coffee, the tea, the chemi-
Gals, the wooden and silk goods and
all those things purchased in foreign
countries which have ceased to be
luxuries of the American home and
become necessities, will be enhanced
in values according to the American
standard, but bushel of wheat will
buy no more of them than it will now
buy, if, indeed, it could be exchanged
for so much ; it is probable that there
would be additional charges made for
the exchange, because Of the unsettled
condition of the currency, which in.
yariably falls upon the consumer,
which in this case would be largely
the American farmer.
Now the vast number of laborers
and salaried men and women and
those living upon fixed incomes would
be very seriously affected and, doubt
less, until there could be a readjust-
ment it would commence at once and
perhaps the adjustment could be &C
complished within a year, excepting
in the cases of widows and orphans
who live upon interest from invest.
ments. Pending this adjustment
there would be much suffering among
these classes. But there could be no
change for the better for them, it
could only be for the worse. And when
the adjustment was accomplished. in
all human probability. their condi-
tion in life would be exactly what it
is to-day.
Now what would be accomplished
by this free coinage Of the silver of
the world? The people Of the. United
States will have abandoned the high
rank which they have taken in the
world, they will have de-
preciated the value of American |
citizenship and added not ship to
her commerce, not a comfort to a |
citizen not already comfortable, nor
lessened the bondage of the toiling
millions, but will add more power to
the corporations than they now
possess, and with such additional
power they will practically control
the destiny of the country. l have
said they, / might with truth say he
will control the destiny of the coun-
Try. He, the King. The railroad
The one man who con-
.rols the pathway of commerce over
he land. It has almost reached that
point now, and the passage of the
Silver Bill is prayed for by him, be-
cause he sees in it nothing to menace
lis ambition, but much which will
Enable him to hold a tighter rein.
There are many of them now, but
hey all hope to be the one. Bond
FOLDERS and stockholders will be paid
q deprecated currency where they
re powerless to assert themselves,
nd the difference of twenty-five per
ent. will be carried into the already
,ursting safes of the railroad mag
lates.
It is not from free coinage Of silver,
lor from unlimited issuing of fiat
money that any relief can come to the
roducers in America. The relief, if
ever comes, will come from the
of trade. When the
reat protected industries of the
ountry have no longer any power to
svy their blackmail, when the iron
of Pennsylvania and
be new iron regions Of the South are
ompelled to market their products in
with the products of Nor
ray and England and the rest Of the
'orld, when the beat sugar growers of
be West and the cane sugar growers
the South are forced to market
|