The Lamar register., 1892-04-16

would make demand in this country for sr3s 300
annually. Where IS this money 10 some nom
eontendec BY many that should have an intefn@-
uonal conference. If that could be done ~ hatse
with population OF ss,oooooo TO ssooo,s9es, - N..
difficulty could be expenenr=a by nation q hS -
in accomplishing the same resuitss Those VINO
suggest such agreement forget tha, while this ma
ton to denonetize silver is the greatest money enasI
known TO history. Is II let moment 10 be snppos,u
that The shtewd creditor class will enter INTO any
ment which would deprive them Of the spe'is q -
delicate and ingenious system Of usury when theS
have special protection OF statutes and the AetNs
port and appfoval Of the flnaneiers Of the aser M
they are diligently gathering in the proceeds OF this
operation and diversion. kept up for the oeenfAtn
and amusement of the hnAneieFs and eeen9iis.s p
invoking discussion Of ratio that should DC NAM
tan-d between the e,s. This raiic !. the pTrtesi
which coniefsnee aler conference has been e1itsa-
What need than conference IS a ltte nStSe
and courage and patriotism on the par, Of Conssss e
restoring silver its proper place. NeNets thr
powerful nation following Germany TO s,i.Ae eoSn
silver and that folly shotild haNe the e2Iese 70
reciify. MIR Atkinson went 10 England and f9nee a
Ameiea's representative to the hms'1llie
or monetary commission. and an iolg W. ~,
noneed to his assoeiates Pans that the Hand act
would be repealed. That Is the kind el p4-iaet%AIs
representative he was
than yI,o, 900 eoo and Of this amount probably sa9
are consumed in the arts II siNeI Nte y - y
restored 10 its birthrghi would marx an eoa IN me
history Of this country il pouid place ~ -
amount Of money commensurate vih tle heels = -
Increasing populsiion 1t Wold give assurances % OUT
languishing industries thsi the N94l,s 9 ~ -, -
ing medium is to continue shrinking, and tlai t9e
tendency OF priess should n9 lo.ssI ~ Is : - - S,h.
il VIII increase the ~ag-s If labor za the ps ~ W,
pFoincls 81 labor: It viii reduce the pfi9e o. SgngA
and other forms Of money iaiuTes .st.. ~ $50
though not ineguitahly the burden o. mef'sa Z
viii Increase largely though not uninstly, he deb
paying and tax paving poNer q me Ps2ls y y ~ -
iooe the grasp Of the creditor from the hrat @ nc
arbtof Nearlv an the champnns Of The gold ssnaard
tfec n thaf hey are ready and are ansiqus log me
hre 4 aage by international agreement. his 8 egr
In farcr Of frce coinage gas1 rafsN "A f-a-ts-A ~
making e, shvy r1niess therteives eoaaptsteil =.
cuuI7 VI Is an admission IL Che iiist pace inA ~
81 metallic .h=ufy IS r1ind o1e fer upso-ire con-
ventoh Of nations can't make d sound. y . f-9-
milton uf the fact that The relative vaiae o. tle
two metals can be 5Se5 By legislation: for DE ioin'
acticn cf several State /, itst ai u.lfh l-s,t-
| toa ss f il we're eonsnse to c., II qa pn,
qualified Acknowledgement taat the restoI''!el -
silver Is dishonest attempt On our par 20 sFs
| a forced and fcttogs value, for il therr . aaythies
dishonest in the scheme il can't be made bones " i-
| ,errationn coHhinltions Bat il sos even tafth-r
than thfs When i Is admitted that th-ee 1r iatF "a
i.ots can handle tdis ptghea she 3 -ra'retsu, % saY
thsi tTo would Eaiif OsyIousiy {, is Only question
Of the nan5cr and resources Ct the peop's cnsssel'
in the movement and, u 80 Tsy pAy - 4 - ~
net the Ci.tej States, -ith snd nh7t uHirs The
popila.un and the resources q tAl eoniYs
! prove equal to the task
In the Adjustment of this question believe that ths
American Republe vpald pruyv mere poientai ifg-
tor than France. Engisna ard AsfuaanT ept lfr-'i
These three eoanyries contain aggrssats q fs's'
sloEly: the people are hudded together upon ha',
| ned trrTtoTta ara naueh Smaller per capita q
tlonsy would suffice FOR their wants. 1heif total cur
reney amounts ID futud numbcn, to .t,aaa. .eo .oor,
zbo1. sy4 per bead. We could, hetri7fe taks Info
ui,h cur sister rrrublic across the Aiaat-s. Tits 4
sse aooi12a IN eEc-ss q the entire sauan; q ssr1
eoned IN Europe: could ahsofb ahd sc very fluca
more in proportion 1lsa isznoe seearfs OF - 1ae1-
ence in eNistiag conditions. pgrs IS ne- lilsiys
siual 70 The whole q EuTgpe IA sztsni We hsye ss'
areas u s4rrin ST atrn. the preach q e!ial 81
is rrciartstiol ll nliuss-f --s1u-est sre pEaGfly
without liait, and country the gcoe Ife---as
| such opportunities for the prUhtsh's invramsni
nuHt rise y :
tons this capacy ioE money ahsorptioa that nases
he United states 50 trenendouz force % tse settle
nsr pf this great ard financial prgblra Or iozrieea
Yeas have haf tisef coinare y ucT a. osayo1e
year, and yet the ieSrs which have besa eTr7=sts
hy the gold standard advocates have been realfr
10 gold has been driven out q the c1uusEy. We hat
that instead q diving IL out it> ooaaes has resea
raihsr in bziaynE so!a n- tor TO w.zirveT cause he
| induS q sold may be asez4oed, Z : En9ie'ia77asF
that gold las come and Z has rreded al the gca as
all the silver thst have egued 20 nlaint2in i0efs
national Psiess here u IS Admitted y a. tl1' 80
70 out except by reason Y rls- n tlr e1u
ny uf the prrr q artcles Q; intsfraiiana con.
merrs beyond the priess q the same 1tsars
,-.rvai.ing ahruad, Il having been dc11uzirassa
TIA; lzrgs snolui Of SILVER vas Insufficient 70 -
raise the priee IN this cuaufr induce grid n q
iuR Accumulation Of larsc amount q sold. We
may safely assume that not oaly 20 aueh q DC .al
Of silver which Congress shall provide i0E vi have
any influence in raistns prse-s IN this country at1re b.
tsrnaional prices. II $500 month were 10 y
drive cut gold 81 OF silver we1S driye
than g. gold, than =, ,su1ao crud 50 cut
afnount of 3oney thai Is in cifltiAton h1N5 tiers
would still be no increase In the mo1sY re!'lne ln
the country. and with 20 Increase IN the Fullrne q
money, prcss here poilld not raise above tasfuzafa
prices A the rate Of .soo.nco meath, e ,goiid
take years 10 drive cut this sfs.aoea.aoa = The
s7uo uf sold no1 in this crluirTs u g- -sEr
even Longer than that because this sr 5r goo trycn
cut soud tend 70 Taise nteeuat1azi trices shT11d,
and % k-e ;he olI.f,us oF .gld aa h-sr The sane
bs,r 49, r.Tr--s- 4 H. iattseu y=HFT
or more and we have been assured hy the ahlssi
called '' hnaneiers that Tie country Voa,d he de-
- ak zssHHH b.
appalling, though DO not rrcoicet that any st1te-
ueni las been made eSaeiy hG's tbs eotnuJ shaslt
tie consequence whether god goes not eertaa'y
r. in order rstaia gold. must sacnhor jussilc,
then. say. let gold 60 II Is n9i Of 80 Fn1es cons
quence that should retain gold for the bensht q tA
importers as that We shord preserve the eqsfy q
time contracts betEeen the millions q Cur o1u 1asn
try who import no ieFeisH soo1s. II . uaqnsu'fs 20
think Of violating all equities IN time fransacfios md
nine Of u domestic bGsness trznsactious
Of that character.
It is to-day yet prees ss per cent ioer than they
then. znd shzi IS the rs-zsnnt
There being no reason Why there should Be any
change IN the trend Of prices % long here eonfes'
for the possession Of gold shall be WaEed between
England, France. Germany and the United States.
justIfed IN assuming that p1uioitlpu7te decline
prices will oontnuethat means further decline Of
10 TO IS per IN prices during the eighteen
years Where Is this tendency TO srop9 And L does
net stop how long will IL be Before the masses uf fh-
people become the bond slaves Of the credtczs1 Il s
an alarming fact that few money lender and bond
Of every country Of the world BY constantly m
creasiug the value Of the money Unit The question IS
asked by the gold standard adFpcstzs i the silver pro
succrs expect sell 70 worth Of silver for dollar
just though the bullion value had auythinh 20
do With the value OF dollar that the material ia that
dollar had anything whatever do wiki a. Suppose
the supply Of silver Of the world SO ooo
and the law alited the coming 70 So Sso,ou and
every dollar coined vas al par Wih gold, Suppose
there demand ter half q million duiafz of silver
to be used the aris and that the remainder a. zoo
OF uncoined silver were barred from the imperial
money use. That supposss supply Of s.. .1oo,aoa
left after satisfying the for coinage and sup
poses only half million dollars were demanded for use
in oil the aTtsand. in thai case. there ~oad be two
millions supply bearing down half million dollars
art demand or a proportion between supply and de-
mand Of TO I. Suppose, under these cruumstances
silver bullion went soCents ounce Gould then be
said thar 50 the value Of SIS ooao o.
and all the Of the coined silver Of the Western
world. while by coming another million and a half
which would be nothing country Ike this all the
silver would be par with geld Every ounce oi
silver coined in Europe and the United States par
with gold We dealing with the price Of silver
bilon-that portion Of silver that is deprived Of its
immemoral money. We do not say what
the commodity demand for silver may make that
worth. Such a consideration has bearing whatever
the value Of money. One Of the arguments Of the
advocates Of the single gold standard is that our
stock Of geld greatly reduced should be enable
make payment to foreign countries in the bal
Of trade turned against Us. II is only through
excess Of imports over exports that gold could
20, and this country produces nearly all Of
the articles that consumes. With the exception Of
years, there has not been a balance Of trade
against US for sixteen years, running some years