, 1892-03-20

~ -
mental truths which have underlsid the
party for the past century. He is ooura-
geous beyond any other leader In the dem
ocratic party Of whom we have any knowl-
edge. He is uncompromising, he is able,
he is a peerless ORGANIZER, and be is thor
oughly partisan. We do not view the
matter through mugwump eyes. We
would like to see a thorough partisan
democrat at tho head of the national
ticket. If democratic principles are cor
rect they should be fought out on demo-
cratic grounds. otherwise the party which
has survived the defeats and disasters of a
century had better dissolve and be reor-
ganized on new and different lines. Until
such is the case and we do not believe it
will come in our time) we shall give a
partisan democrat our UNQUALIFIED sup
port.
AS to silver it is a popular upheaval.
Its agitation comes from the masses and
not from the classes. 1t has taken most
people twelve or fifteen years to discover
that ever since the money function was
taken from silver the price OF all products
has continued to fall as silver fell. The
farmer. the cotton raiser, the producer of
every description gets less for his pro-
ducts than he formerly did. Silver at its
market price will buy lust as much as it
formerly did but gold will buy 80 to so
per cent more. This has set the produc-
ing classes to thinking and they have dis
covered hat a fictitious value attaches TO
gold and that the difference between it's
true value and its fictitious value is alb
sorbed from them by the moneyed classes.
To them the CRY of the 40 cent silver
dollar" has no terrors when they oppose
to it the "sl. 80 gold dollar" They
know that in all ages gold and silver have
been the money OF the world. They
know that they we're the standards So
lected by our constitution makers and APP
proved by the first and greatest American
fnancier, Alexander Hamilton. They
know hat for years this country's bust
ness was conducted solely on a silver
basis and for other wears with silver
mainly. They are now aware that silver
commanded a premium Of nearly 3 cents
on the dollar over gold at the time silver
was ~demonetized and they cannot figure
ont where the necessity for demonetiza-
ton came in except to increase the riches
of the rich at the expense of the poor by
adding enormously to the purchasing
power OF the gold dollar.
The people have seen England come
here year after year purchasing our degrad-
cd silver at its market price, shipping it to
India to be coined at a higher ratio than
ever existed here, thus contributing enor-
mously to her own direct profit and at
the same time building up with Sepoy
labor cheap competitors to the American
farmers. They have seen France con
quered and sullen, ravished and devastated
by a cruel and unnecessary war. and ap-
parently annihilated BY a war tribute of
a thousand million dollars in gold laid
upon it by Germany. They have seen
Germany demonetize silver to add &C.
tiously to the value of this immense war
tribute. France on the other hand ex-
pended its gold and silver currency and
the result was a marvellous object lesson
to the civilized world. The recuperation
of France was the most, stupendous in
all history. The war tribute, to the n
qualified establishment of the world, was
fully and promptly met while the country
at the same time experienced a greater
degree of prosperity than was ever before
known. How was it with Germany and
her gold Standard The disturbance Of
the monetary standard paralyzed trade
and industry. In the FIVE years following
1873 the emigration from Germany
numbered over a million and a half per
Sons and the number OF suicides fairly
doubled.
The silver advocates are asking nothing
revolutionary. They simply ask for the
monetary standard which always prevailed
in this country up to nineteen years ago.
They know that the legislation through
which silver characterization was accom-
plished became enacted through down
right trickery. without the great majority
Of congress or the president being aware
of the true intent of the bill. Satisfied
of the Justice Of their cause. realizing
that through their success the vast major
ity ofthe people will be benefited, they