The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1893-08-11

tors arc especially alert, and not only de-
chce 70 purchase American yecuriliss, but
make haste 10 sacrifice .s>-= s;.:s... ..sssS
z=.-.--s --so.
II does not meet the situation 10 say the
apprehension In regard TO the future Of our
nnances is gronndless, aud that there is no
reason Tor lack :: confidence In the pur-
poses or power Of the government In the
premises. The very existence Of this ap-
prehcnsion and lack Of confidence, how
ever caused, 10 menace which ought not
for moment 10 be disregared. Possibly, II
the undertaking We have In baud were the
maintenance Of o specific and known guam
tiy Of silver at parity with gold c.- ee.,-
s'- .cc g - - .iiyuI De estimated and gagged,
snd perhaps, In view Of our unparalleled
growth and resources, might be fsvorably
passed upon. But when our syowed en-
deayor II to maintain such o parity 10 re-
gard to an amount Of silver increasing at the
rate Of $4,000, COO yeerly, with no fixed
termination to such iocrease, Il can hardly
be said thst problem Is presented whose
solution Is free from doubt.
The people Of the United States are en-
titled TO Q sound and stable currency, and to
money recognized as such on every exchange
and in every market Of the world. Their
government has no right to injure them by
financial experiments opposed to the policy
and practice Of other civilized states, nor 10
il justified in permitting an exaggerated
and unreasonable reliance ca Cur national
strength and ability TO jeopardize the sound
ness Of the peoples money.
This matter rises above the plano Of poll
tics. 1t vitality concerns every business aud
calling and enters every household in the
land. There is one important aspect Of the
subject which especially should never be
overlooked at times like the present.
HOW THE LADoREn SUFFERS.
When the evils of unsound finance threat
ems us the speculator may anticipate q har- |
vest gathered from the misfortune Of others.
The capitalist may protect himself bv hoard |
!cs, vT iuay even hnd profit in the fiuctua-
tion Of values, but the WACO earner-the
first TO be injured by deprecated currency
and the last TO receive the benefit Of its cor
reotion-is practically defenceless. He re-
plies for work upon the venture Of conf
dence aud contented capital. This failing
him his condition is without alienation. for
he can neither prey on the misfortunes OF
others nor hoard his labor.
One Of the greatest statesmen our country |
has known, speaking moro than fifty years
ago, when n dcrangemcnt Of the currency |
had caused commercial distresa, said: "The |
very man of all others who has the deepest |
interest in sound currency, and who Suf-
fers most by mischievous legislation In
money matters, is the man who earns his
daily bread by h,s daily TOLL These words
are as pertinent now as OH the day they |
were uttered, and ought to imprcssively re-
mind us that n failure in the discharge of |
our duty ut this time must especially injure
those of our country, the men who labor,
and who, because of their number and con-
dilion, are entitled to the most watchful care
Of their government.
IMMEDIATE RELIEF DEMANDED.
II Is of the utmost Importance that such relief as
Congress can afford In the existing situation be
afforded ut once The MAXIM "lie gives twice who
gives quickly" Is directly applicable. 1t may he
true that the embarrassment from which the busi-
of the country is suffering arises rs much from
evils apprchcndcd rs from those actually existing.
W. may hope. too, tn at calm counscs will prevail
and thut neither the capitalists nor the wage earn
their property their interests under the influence
of exaggerated fears. Nevertheless, every days
delay in removing of tho plain and principal
causes the present state OF things enlargcs the
mischief already doue and increases the RESPONSE
bility of he government for its existence. What
ever else the people have n right to expect from
Congress, they may certainly demand that lcgisla-
tiOn condemned by the ordeal OF three years us Il
disastrous experience shall bc removed from the
books as soon Us their representatives can legit-
matcly deal with II.
As To TARIFF REFORM.
1t was my purpose to summon Congress In special