The weekly intelligencer., 1892-04-02
THE REAL, CAIisE.

| ne tnrebply nOoule WHO euitS tne ot
Louis Republic still harps about open
ing markets for our products, and says
that is an issue paramount to the coin-
age of silver and the restoration of
that metal to its parity with gold.
The markets are already open to
every bushel of wheat, barrel of pork,
kit of lard, bale of cotton and quarter
of corn we produce, but through
the manipulation of gold and silver by
Wall street in New York, and Lombard
street in London, it is a dead market
to the American producers. If the
European could buy the American
article on as favorable terms us he does
the Russian and Indian product,
he would buy here. But he cannot
and his trade goes elsewhere.
Wall street and lis dupes continual
ly try to hoodwink the people about
the cause, but sensible people know
they are misrepresenting facts and
are beginning to mistrust them.
The INTELLIGENcER has already
pointed out the chief obstacle in the
way of ready market and good prices
for American products, and its read
ers are already catching on, aud many
of them could already give points to
1
the learned money sharks of our trade
centers and their hirelings, who do
the economic writing on the Metropol-
| iton Press.
The Indian farmer hires his hands
at7 cents per day. He sells his wheat
in London at S1.10 per bushel. He
gets his pay in silver at the London
ratings. This $l.10 worth of silver,
when he reaches home is worth about
Sl.45, and that is practically what he
gets for his wheat. He has the same
advantage if he produces cotton, corn
or meat The Russian farmer has the
same advantages of cheap labor and
the difference between silver and gold
that the Indian producer has.
The remedy is to destroy the differ
ence between the two metals, and
there are but two ways to do that.
One is to restore silver To its old place
as one of the money metals of the
world. The other is to stop mining
| it altogether, and thus produce n
strmgency that will force the prices of
silver up.
To do the first is to put this country,
the chief silver producer of the world,
at once upon the roadway to aprosper-
ity it has not known since the crime of
silver denomination was first com
mitted. TO do the other, is to submit
at once TO gold monometallism and de-
pend upon the revolution that it would
soon bring about to start mankind from
a common plane again.
But the American farmer cannot
compete with a people who have the
advantages over him that the India and
Russian agricuturists have over the
people of the United States. You may
reduce the cost of his clothing, of his
ocks, his shirts, his binding twine, his
barbed wire, his farm implements; you
may cut down the cost of his wife's
dresses, and the price of his cigars and
smoking tobacco, but unless you can
give him an equal show in the London
market with the India and Russian
farmer for n fair price for his grain, his
cotton and his meats, you confer but q
very small benefit upon him.
The scheme of Wall street and its
minions of the money power and its
dragomen, of the bondholders and
their tools and puppets is TO keep the
American farmer out of the worldis
markets on terms of advantage, that
they may the more easily rob bin
through excessive interest and iinaliy
the foreclosure of mortgages.