The Hazel Green herald. [volume] (Hazel Green, Wolfe County, Ky.) 1885-19??, 1892-08-05
POLITICS In GEORGIA.
The Democratic Party Their Only Hop,
For Relief.


mingled up in our politics, that / am
afraid many good and true Democrats,
myself among this number, don't see it
in its true meaning.
| have silver certificate or bank bill
which reads: This certifes that there
have been deposited in the United States
Treasury five silver dollars payable to
the bearer on demand" and my under
standing is, that men take these silver
bills at the same rate of grains in their
silver ores or bullion as is in the silver
coined dollars; that is, that there is,
when coined, just as much and no more,
nor no less silver grain in the i've dollars
of bullion representing the five dollar
bill AS there is, in the five dollars in the
United States Treasury which the bill
entities me to on demand.
If this is the correct view. and | SO
understand it to be, where is the sense of
our demanding more or free coinage,
when, in fact, our silver certificates
already in free circulation, represents
every dollar of silver ore or bullion that
it could or would represent if it was all
coined, and it certainly is more desirable
in circulation as paper than would be
silver coined dollars.
Silver miners and kings and their
henchmen want our government to make
these silver treasury bills legal tender
the world over, and are demanding this
sort of legislation in order that they may
make fortunes and grow to be million
aires like other protected classes at the
expense of the masses, and we have been
blindly following and are now following
their leader, although it would not make
us one dollar more per capita in circula-
ton and would add millions of dollars in
taxes upon US TO make good the depreci-
ated value of silver in foreign lands.
Until we can get foreign countries TO
agree with us to maintain silver and gold
on a parity, it seems folly to demand
free coinage when we now have our
treasury vaults filled with more silver
coined already than our government can
get into circulation.
Why should the country every few
years spend thousands of dollars in
building new treasury vaults to hold sill
yer coined which we refuse to take out
on our silver bullion?
All over these United States our silver
dollars whether represented in coined
silver or silver bank bills pass in trade
at fully 100 cents on the dollar, and how
could it be any better if we had free
coinage than it is. A sensible man won't
manufacture more goods than he knows
he can find sale for, and well man
aged government ought not TO be requir-
ed to coin silver only on demand, but
should be required rs ours is, to give
silver or silver paper money in exchange
for all the silver bullion presented TO it
ut its true value.
Silver is not the issue that is hurting
us farmers, but it is being used by dema-
gogues and corruptdesigning protection
advocates, to divide, distract and defeat
Democracy, and perpetuate the damning
curses bred and fostered under a high
protective tariff, which is enslaving the
labor and the agricultural people and
making vast fortunes for those protected
under this robber legislation.
| am not defender Of the dsmoniti.
zaton act of 1873 and always have
advocated tree coinage; but never have
been able to see how or why its demoni'
tization in 1873, 1874, 1875. 1876 and
1877, iniuriousIy affected the price Of
cotton, wheat, etc remember distinct
" that the price of these products
during this period of total demonitiza-
ton remained good. and | also remember
in 1873, the year we passed the act re-
moneti ing silver coinage at the rate Of
81, 900, 900 per month, ! sold twenty odd
bales of cotton at seven cents per pound,
and that other products decreased in
value, and we have passed An additional
act increasing silver coinage to $500
per month. But cotton and wheat both
steadily have declined until no longer are
they found money making crops. The
true cause which has deprecated the
price of these farm products is our pro-
hibitory or protective tariff, which pre-
vents EuropeaIi nations from exchanging