The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1892-05-24

the peoples currency was conoeLn 4
bv a solemn vote of that body;
The Territory of Arizona asked Con
Dress to ratifv a funding act Tor
that territory. The old debt was to De
! replaced by new bonds, etc. Inc
money power had rushed the OIL
through the House of Representatives,
which provided that the Donds sn0uiu
be paid in "gold coin" enato hyI9
moved to strike out the WORDS goIu
CON" and insert lawful money ." OF
the United States. This
was adopted, yeas % nays "A, thus
breaking up the game OF these vie
gold bond plunderers. In this contest
Senator Hill. of New York, voted for
the amendment. This mighty com
bination of the money power Of the
world first showed itself in Congress
during the year 1859, when it was de
creed that the vast Indebtedness of the
United States should be payable in
gold, y thereby increasing the burdens
of the people many millions Of doll are,
aud at the same time forging the chains
Of financial 81 svery upon a brave and
free people.
In the vote on the funding Arizona
bill that magnificent orator of Virginia,
Senator Daniel, came to the front as
be always does when the rights of the
people are involved. Among other
things he said: Mr.. President, this
Is just one of the little entering wedges
by which Congress is invited to revO-
lutiOnize the solemn policy which was
declared to be the fixed policy of the
government a little over a year ago, to
keep it's constitutional metallic cur
rency at par, tina is the coin of our
metal at par with the other"
Senator Daniel in reply to some mis-
cradle slang phrase about the 20 cent
liver dollar when coined and stamped
by authority of the government, said
Mr.. President, it would be impossible
for Ananias himself to embody in so
many words a more unadulterated and
unAlloyed falsehood than is attempted
to be imposed upon the people by any
such declaration as that the silver dol
lar is Al 80-Cent or q 70 cent or a 60
cent dollar
What a pity that such a man as John
W. Daniel, Of Virginia cannot be put
forward for the presidency, instead of
some oily, platitudious tool of Wall
streetsupported by Tammany's corrupt
methodist Verify, we have fallen on
strange times when the people are with
OUb ICdN0IS OGLl0T 6u6u GuOS0 GlEIlSO
upon them by a corrupt gold power.
But, Mr.. Editor, l started out to ex-
press regret at the attempt in AsheviIle
to display the brazen power of gold.
l am Inclined to think as a lawy er
that such a contract cannot be enforced
in law. for the reasol that it is against
the policy of the government declared
by Congress in 1880 which was to main
tain the parity Of the metals-gold and
silver. Then again it is a contract in
restraint of trade and detrimental TO
the interest of the debtor class of this
country. :
This graspipg gold power must be
checked-this cOwardly metal that
hides and boards itself on the first
of financial danger, and
then m to the front when the
are struggling to live and takes
the pound of flesh" while shriukage
In prices, contraction of the circulation
anu ruin and bankruptcy follow.
Thank God! The people are getting !
their eyes open to these dangers, and
are the sovereigns of this country.
- Long live the sovereigns,"
W Ii MALONE