Dakota farmers' leader. (Canton, S.D.) 1890-19??, 1892-06-03

flag waves, but that dollar there on the
counter reads United States of America
Trade Dollar, which makes It worth
only it's metal value or whatever you can
get for it.
'"The devil, rather!' says the hard
money farmer, light beginning to dawn
on him.
"But this dollar reads: In God we
trust, he continued taking up his trade
dollar.
yes says the groceryman, "but you
can't trust in Him for more than the 80
cents in that dollar while Uncle Sans
dollar is always worth 100 cents"
"Uncle Sam then is a greater man than
Almighty God hlr,self," says the farmer.
when it comes 20 money it appears to
be So says the gr Ger.
"Now we'll, I will walk over, to the
bank and see wha yhc people there say
about it," says t.. farmer, wilereupon he
hurried away.
Now the gro":'' jocosely winkcd at me
u
money farme: : me back, and approach
ing the groccr' ian he says: ''Do you
know what - Banker said? The banker
said this Thu IS not worth more than 80
cents"
Perhaps " -" says the grocer. ''That
stuff is wort. ust what you can get for
it, but fiat II icy, (the governments legal
tender none. is always worth 100 cents
to the dollar.
"That was Us the devil" says the hard
money farme:, II believe that fiat money
was bomcu!n."
"On the contrary" says the grocer, ''it
is the only money that can be relied on"
MY belief was that greenbacks were
fiat money" says the farmer, "only yes
terday exchanged to a lightning rod
pedler a $40 greenback for ten Of those
things Grade dollars.) And, have a jug
full of them at home l have gathered
them up for a long time, because there
was more silver in them and they should
be worth more, and l thought l would
get Il premium an them after while, but
in place Of a premium have lost just &c
cents on every dollar, and will loose at
least SlO0 on the jug. But understand
now, that it is not the amount of metal
that makes the money, but the law; this
thing that you call fiat is what gives tt
money it's value"
Nov you begin to talk sense" says
the grocer.
"Ah, it begins to go up light to me,
says the farmer.
"Only let the the light be allowed tc
shine,' says the grocer.
:You can rest assured Of that" says
the farmer, land when get home will
give my hired man hand full of these
things to ride me around the barn and out
through the big gate, and if I ever vote
the hardmoney- hardtime ticket again you
are permitted to pepper my old skin all
through with pigeon-shot.'
"Amen," says the grocer.
WE'LL the farmer took for home, and he
has kept his word like a man, and he has
all the time since, and is this day one of
the most Jealous greenback reformers of
his county, says Mr.. Miller in conclusion.
| Translated from the Duluth Skandlnav.
by ]. E. Hotter.
The above report is plain and clear,
and it shows, perhaps, best how utterly
groundless is The assertion of those op-
posing free coinage of silver on the ground
that the silver dollar would then be worth
but 10 cents. The trade dollar was origi-
nally coined for trade with China and
contains APO grains of silver, while the
regular standard dollar contains only 4l29
grains of silver; but is worth 20 cents
more on the dollar, because the United
States of America DEGREES it to be so:
Zone Dollar" This degree gives the coin
it's value as money and not absolutely the
amount of silver.
Mr.. Robert Shilling puts this poin t
when he says: 'lf you add y grains OF
silver to dollar and make it worth 80
cents, how much more need you add to
make it worth nothing?
All this fine spun doctrine of destroying
the value of money by free coinage Of sill
yer is broker and banker intrigue and
dexterity in perverting financial regula-
tlons and involving finance in mysteries
TO the view of us common people.
Let US have peoples union and a re-
publican system of money, for the ex-
change of commodities and not for gamb-
lers to speculate upon or loan institutions
to grow fat upon out of the toll of the la
boring people. J. E. H.
| SIX MEN OVERHEARD.