Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1893-08-29

umeS-Our factories ClOoOu 'uOiA
our industries OF all kinds were stand
ing idle, the tramp was inaug urateu,
soup houses were created in all our
large cities aud the poor were seeking
aims everywhere, thousands or men
were idle, thousands OF homesteaos ano
farms were sold that had been pur-
chased in 1873 and a small debt was leit
unpaid, money could not be borrowed
National banks horded the currency
and sat looking sulleDly on drawing the
Interest on the hords (blood money!
lust as they are doing to-day, Iney
made money scarce and dear, and thus
stood in with the gold-bug and became
participants in the scheme to neece the
people. After resumption In 1879 anu
$500, 600, 600 in greenbacks had oeeh
placed at the disposal Of the people 10
take the place OF gold to pay import ou-
ties, there was a sudden loss OF naru
times, gold and these notes were soon
of qualified value, standing shouiuer 10
shoulder in the transaction OF business,
commercial as well as public and prl-
yate. This was not TO last, the people
were doing too well, these treasury
notes must be got rid Of, they were
mining the business of these specula-
tors. In 1882 the present gold fund
was formed by our legislators TO oacK
the credit Of the greenbacks. N.Y. on
my!
Back the greenbacks, and they at a
premium over gold In Germany, france
and Russia. These men hOwled and crlea
that our credit was gone, the national
honor was wounded and we can't 90
business, the Congress again listened
and to reconcile their clamorings, they
enacted this gold fund act OF 1852 10
back and establish credit for money
that was better than gold, because IL
was easier handled and performed the
same functions throughout the worlo,
although at that tine it was only back
ed by John Sherman's edict decl.ring
them receivable for import duties. AS
soon as this law OF 1882 went into effect,
they began to retire the greenoacks.
The locking up of 500, 100000 In GOLD
soon began to tell again in favor OF
these bankers and spectators. They
have this fund Of treasury notes now
reduced to less than SIS, 100000 and
there is nothing TO step In and Keep
gold In its legitimate channels by TAX
ing It's place. Gold is king, 1t reigns
supreme. The Wall street brokers and
our National banks by their powerful
money influences have set the trap that
has engulfed US in this financial panic,
and their iron heel is being felt In every
branch Of business. Money Is scarce
and dear, people are breaking up, FAC
tories are going under, business houses
are topping over, the poor are turned
adrift to storms and everybody Is In
misery except those engaged In the
scheme. Wall street and these bankers
who are assisting them, cry in the ears
of our lawmakers, "Shut up silver as
money; maintain monometallism; our
business will then be grand" They
cried this same tune in 1873, and their
business was grand, down TO
1879. When the greenback was
made to pay import duties, and Imam
cial relief came at once, Wall street
was disappointed, and business at once
resumed a normal condition. We do
not want these times again, and the
only way to avoid them Is to make some
other money on parity with gold ana
have it In such quantities that 1t cannot
be controlled by these spectators. we
want this iron barrier destroyed, this
glittering fossil that has blinded our
people torn asunder. The Democratic
party has always upheld silver as a
money on equal footing with gold. we
hope 1t will stand firm In maintaining
these time-honored principles as reiter-
ated and reaffirmed in our National,
State and district conventions OF 1892.
In this, the supreme hour OF our need,
let them follow in the footprints of our
fathers, jefferson, Jackson, Polk and
Buchanan, and they will not 90 astray.
Nine-tenths of the people who voted at
the election of 1872 favor silver on a
parity with gold, and In every respect
TO perform the same functions. why
ignore their wants? They are the SOW
erelgn power. 1t is the commonalty
who raise the cry in favor or silver,
and they will be heard. They under
stand their needs because they read
aud are we'll posted upon this subject.
Their mines are made up, and the OIL
cial who was nominated and elected
upon platform that promulgated that
gold and silver should be maintained
on a parity and coined as money, will
be retired and men take their place who
will carry out the wishes of the people.
Monometallism has no place in repuo-
lie like ours. 1t was born In England
when tho Bank OF England was estab-
lished, and il has spread over
Europe, not by the wish OF the
commonalty, but through the designs
of Rothschild and those who were
money kings the same as he, that Is
the plan they adopted to keep the peo-
pie poor and to make themselves rich.
They never will accept bimetalism as a
standard, because they would at once
lose their, prestige, and the English
government would be in the hands OF
tho followers of Parnsll and Gladstone.
Monometaliism means Imperialism. 1t
means a lease OF power to the money
lords-an aristocracy not In unison with
the principles of free government.
This same principle dethroned every
republic that existed In ancient times,
Greece, Rome and Carthage, and we are
no stronger than they were. Let US
profit by their misfortunes. Let us
tackle the monster before 1t ties
us hand and foot. Let us maintain
our institutions under such laws as will
give every man equal rights and privl-
leges. Give US gold and silver as money
coined by the government in the same
manner ani fer the same purpose. Give
us q treasury note backed by the gov
eminent, pcasing its redemption in
A..Dio. o;thar cold or silvar of car-
tain fineness, constituting certain
number of grains OF each metal to rep
resent dollar, payment to be made in
either metal, optional with the govern
ment. Make all paper, gold and silver
upon the same plan. Take up every
dollar of each now in circulation and