Owingsville outlook. [volume] (Owingsville, Ky.) 1879-192?, 1892-03-10
SILVER AND GOLD.


monetized in 1873.
We are determined to force this sill
yer question even at the risk of firing
our readers. The gold standard bust
ness Is simply plutocratic arrange.
ment for the purpose of controlling
money and values in the interest Of
the plutocrats and against the inter
ests Of the people, and that is all there
Is to IL.
They argue that we must not have
free coinage of silver because silver
is cheaper metal than gold, and sill
YER money would therefore be dis
honest money. When did silver be-
come cheaper than gold? In 1899,
congress delared that 37l.25 grains of
pure silver should be a legal dollar
and the standard of values. The same
act declared that 25.75 grains of pure
gold should be q dollar and equal In
value to the standard silver dollar.
But gold fuctuated In value, and in
1884 congress declared that 90. 90 grains
Of pure gold should be equal to the
standard silver dollar. Gold still fuc.
tuated, and in 1887 congress declared
that 90 % grains of pure gold should
be equal to the standard silver dollar.
Thus these several values have been
put upon gold, while silver remained
as Interchangeable as the laws of the
Modes and Persians. Gold continued
to fuotuate. and in 1873 the metal In
the gold dollar was worth three per
cent. less than the silver dollar. or, in
other words, the silver dollar was at q
premium of three per cent over gold.
Do you doubt II? Read on page IL of
Comptroller Knox's elaborate report on
that subject:
1.-THE coinage of the silver dollar, the
history of which is here given, is dis
continued in the proposed bill. II is
by law the dollar unit and assuming
the value Of gold to be 151s times that
Of silver, being about the same mean
ratio for the past six years. is worth in
gold a premium of about three Ter cent,
its value being 81 03l2."
The gold-bugs had tried so long to
keep their metal up with silver and
failed, that they now conceived the
plan, aided by England, which had
done the same thing three years before,
of knocking silver out of COLDS way,
and while the people were asleep they
did it Now they howl ''chesp metal"
dishonest money"
We don't care q cent about your metal
money. but we want money, ana we
want good money, money that will set
the idle to work. feed the hungry, aud
save the mortgaged homes to the peo-
pie. But we don't ask government or
anybody else TO give the people money.
We simply demand that they shall have
q chance to earn It. and be permitted
TO have the benefit of what they earn.
Progressive Farmer.
The man who thinks that the cen.
trail idea of this great reform move.
ment Is TO cheaper goods Is badly In
tho dark; and the man who Is trying
to cheaper goods that he must buy Is
also trying TO cut down still lower the
earnings of the people who create
them. Vote for system that will re-
move all the leeches, the land shsrks
the loan sharks. the railroad shsrka
the trust sharks and all other sharkS
and you will soon find that wages will
rise the products of labor advance
everywhere. wealth be better distrib.
utsd. the hours Of labor would shorteu.
more time for reflection and self-im.
provement. child labor would vanish.
there will be more comfortable homea
etc II you want better system vote
Tor it-Exchsng&