The midland journal. (Rising Sun, Md.) 1885-1947, 1892-07-01
That Gold Dollar.

Reader, some day when you have the
good luck TO get hand full of silver halves
and quarters, examine the date on the
pieces. Some of them will prove to be
thirty, forty and fifty years old. These
pieces have been going round and round
among the people all these years paying for
goods and labor and extinguishing debt.
These are all the uses money can be applied
to. They have done their work well. Gold
or paper pieces would have done no more.
The postal currency we used 10 baye and
which was so handy to mail and so popular
with the people did all the business these
silver pieces are now transacting. Neither
of the three pieces of money above named
could do more. None have done less. They
served exactly the same purpose. No one
better or worse than the others and would,
were they all in circulation, be exactly Of
the same value 10 the people today.
But these silver halves and quarters are
only legal tender for $500 and they have
less silver in proportion TO their face value
than the silver dollars. But the fact re-
mains that they do pay in :he aggregate
millions of debt and probably more than the
whole dollars pay. But why was less silver
put in the halves, quarters and dimes than
in the whole dollars The reason for this
was that silver was worth more as merchan-
disc than gold and our silver money was
being bought up and sent to European
countries, where it was worth three per cent
more for coinage than in this country. 1t
was then in demand, for all the European
countries except England used it in making
full legal tender coins. Between 1916 and
1864 the English and German Jew bankers
with the Rothschild family at their head.
had succeeded by system of stock gambling
and money loaning TO all the nations as
we'll as their own, in getting into their
possession immense amounts Of government
debts. The governments owing these debts
collect the interest to pay the debt holding
bankers, and it very naturally occurred &c
the money loaners, that if prices could be
lowered of all property, those debts
although remaing nominally the same would
be increased in value at the rate of SO pei
cent to every 333sper cent inthe fall of prices
and their interest would buy that much
more property. The people ofthe countrie:
who pay the interest on those national ant
municip pal debts would be unable by the fall
in prices, eyer to pay the principal, all they
could earn above bare living being re-
quired to pay the interest. How 10 reduce
the price Of property was the problem which
naturally engaged the thoughts of thes'
Jew bankers. The way to reduce the price
of all commodities is to make money scarcel
than it then was. There were two substances
used by the nations for the manufacture o
money of last resort. These were gold ant
silver. If we can persuade or bride tht
strongest nations of Europe and the Uutet
States to declare by law that silver shall no
in future be used in the manufacture of full
legal tender money of last Iesort-all paper
money being only credit or 'promise t.
pay" money and only gold be used, thu
quantity of full legal tender money coinec
in future will be reduced one half and thu
bonds or national debt we hold being fxeC
on the gold basis will rise in value as golt
grows scarce and dear. and the price of al
merchandise and labor will fall as the grow
ing scarcity Of money causes it 10 rise il
value. Thus reasoned the gold ring anc
they quietly went to work TO bring abou
this result. Germany was enabled TO rol
France through the treachery Of her Roths-
child bankers. Earnest Seyd was sent Il
the United States with 100000 to secure
the demonstration of silver, and he helC
private conferences with the Ways anC
Means Committee of the Senate. Seyt
wrote Bill, left the 100000 in Washing
ton and congress quietly passed the bill
under name foreign to its purpose.
similar pressure was brought to bear OF
European nations and by 1874 silver hat
been declared by the United States and tn
most powerful nations of Europe no longe
money metal of full legal tender, but II
future subsidy coin for the use of labor
ing and poor people should be made of
only. We have reached 1892 in the hgh
of time and the very natural and inevitabl
result Of this scheme is upon the Who'll
world, and the holders and owners of lhes
debts are purchasing double the quantity o
property with the interest collected en- then
than it would buy when the debts wer
created. Do you see? This was the reaso
for demonetizing silver and this is the rea
son for the struggle that is being made b.
the banker class against lis restoration as
full legal tender money metal. And thos
whose interest is not on the side of the deb
holders take that side either through ignor.
ance or they are bribed to do SO. There il
no other logical reason can be reached.