Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1892-07-08
iNGERs0LL ON sILvER.

follows:
II said would say few words to-
night on such vulgar things as gold
aud silver. am as satisfied as am
that live that the few---the few who
control the debts, tho currency, the
money of the world--have combined,
either consciously or unconsciously, to
make the debtor pay more than the
creditor has right to ask.
"The tendency has always been in
this world to put tho burdens on those
the least able to bear them. 10 bar
barian countries the women have to
do the work simply because they are
weaker that 10 all. And the others,
being the stronger, do not expend
their strength IN working, but ex-
pend their strength in making the
weaker do their work.
"This il precisely the samo in our
civilized society to-day. Between
the rich and the poor, II the burden
il 10 be borne in this country, it is
borne always by the poor--always.
ssThey are FIRST to suffer. Lot the
blast Of war blow in this country, who
goes to the war? The millionaires?
Not one. The great presidents Of
corporationsY The bankersp The
men who preside over great vaults Of
gold? Not much. The poor 60 be-
cause nine times out Of ten the poor
Or man IL more patriotic than the
other fellows seem to be. The poor
bear the burdens Of this country and
OF the world.
"Only few years ago our money
was gold and silver--money that had
been the money Of man for thous-
ands Of years, Our silver was do.
monetized and gold was made the
standard.
ssThere il no man in the United
States with integrity enough to ac-
count for the demonetization OF silver
in 1878. There is not one. We
need altogether more money than we
have. How much have we got?
-Four or five hundred millions Of sill
yer, four or five or six Of gold--six
hundred millions, maybe, altogether.
Let mo show you.
"Last year tho farmers of America
raised Of corn, wheat and oats, over
tl,600,0000,000 worth, and got the
money. Sixteen hundred million dol
lars just in corn, wheat and oats
over $500, 10000 in corn, over $780,,
100000 In wheat. just think Of it!
Sixteen hundred million dollars, not
counting beef, pork, or petroleum, or
cotton, or any Of the manufactured
articles Of this country.
"Slxty-6ve millions Of people, the
most active, the most energetic, the
most progressive people in tho world
ION the face OF the globe.
1--WE need twice as much money
per capita to do the business of tins
country than is needed to do the bust
ness OF any other country. There is
always somebody that is crazy for
fear there will be more currency. |
want just all the money we can get.
"Silver is good enough for me All
| want of money is to pay my debts.
Yes sir; aud want the law to com.
pei the other fellow to take what |
take. That is good enough for me.
SNOW you talk about hard times,
Well, wo never have had money
enough, as matter of fact. But in
good times every prosperous man in.
flates the currency. He goes down
to the grocer and says: i want IS
worth OF tea, or coffee, or sugar;
charge it, He has Inflated the cur.
rency IS. He buys horse of a
neighbor aud gives him a note for
&i00. He has established letter OF
credit and inflated the currency that
much. When prosperous, every mans
mouth is a mint, just coming money.
.sThen we have good times. Then
these bankers get together, and with
the money You deposit, they loan it
your money, not theirs. They
never loan their own. Then comes a
panic. Then you go TO your grocer
and say, charge IT, and he says he
won't Then there comes what is
called hard times. There is as much
money IS before, but there never was
enough money, and | think the less
money the more misery. In this
country as in every other it is the
medium Of exchange.
Il believe that every ounce OF sill
yer that is dug under the American