Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1893-09-07

~ liz IL ~ ~ ~ 4 LIZ ~ IN
Of which TO make coins to be fully mon
etized. the few who rob the many yith
laws sustaining assumptions. are enabl-
ed to take from he producers and trad
ers many. maby hundreds Of millions OF
dollars worth Of service and property
without giving anything 10 r,tlrn for
that they get thus
Now. when the advocates of an exclu-
sive money Of gold coins fully monetiz
ed t. be used IS a money of final re-
compton Of other moneys WI ose legal
tender quslity is limited, undertake to
argue against tbo.e opposed TO It. they
first misstale The position, proposition or
demand Of those who teach the truth
concerning these subjects and then
they argue to these missiatements.
Then many innocent persons DO believe
their misstaiements 10 be true, Tesiate
them and repeat tic misleading argu-
ments. SO we need not stop to inquire
into tire manner Of knoC king down these
straw men, the leaders i'll the presenta-
tions # Il csc receptions, have set up on
purpo,e to show us how easily they can
knock them down, for they sre not our
propositions and they do not resemble
ours at all. Hence. no one need be
mistaken in regard to whose PROPOSE
ton it is in either case.
We say that al money Is an eutdenee
and q record Of public dett to the pirate
holder Of the money They reply" Oh,
no. gold IS not debtp'
Gold is not money. and # it were. we
do ncl say that money IS a debt, but
that it represents public debt. Aud
money Of gold coins repres onts public
debt to the private holder Of the money,
as muon as does money of paper coins,
ol bills And ii is just as necessary to
ave the public collectively, The nation,
continue 10 receire money Of gold coins
at its face value for all dues to it for
service rendered or properly delivered
TO the final holder Of the money, tokeep
il 1t par, ais it is to have the nation con
tinue to receive money Of paper, CONS,
or bills, thus to keep it at par. Il is this
reception and this alone thai keeps any
money st par Il the nation were to
refuse to receive our money of gold
coins, unless at a discount Of twenty
per cent. this money would depreci-
ate twenty per cent. rs fast Us the
news of the decree would travel
ind me only inst redemption for
a1sy money and for az money is as re-
cepiion 5g Ne aation tor pu5Ee sertice
rendered o. tor public properly leicercd
to ne fisal hotter ofAe moaeg.
aea'n, those who would teach the
truth in regard 10 money, say that
neither tie worth OF value Of the mater
isl used 70 make monete.y coins out of,
nor the amount Of the material has any
thing to DO with the "souudness" or
'.houes'y' of the money, nor has either
the value or The quantity Of the mater
ial used TO make the coin of, any effect
on the value that the monetized coin
represents. A law to add twenty five
per cent. more Of metal silver or gold
10 the amount heretofore used to make
cons, for new issue of COINS, would
not make us any better money than we
now have, il no us,e ooiis be Dlouettzed to
DC same degree Mot ne coins nor i,s cir
citation are mouci.ed And were we
to make new issue of coins of both
gold and silver to represent al the de
nominations we now have represented
by both gold and silver coins, cd If we
but nlonetjse these coins Of this issue 10
pqy all debts a1sI dues created after the
passage of this act, and in the act we
decree that each coin shall contain
twenty-five per cent less of metal of
equal iineness, then will all the money
of this issue Of light coins be at par with
the money we now have.
Still, the aids of the British specula-
tor will read our propositions and iLen
take columns in which to tell that the
government can take tifty-eight cents
worth Of silver and make it worth
dollar by stamping it, because, etc
We'll, this is one Of their straw men"
which they set before their readers to
illustrate their power to the readers, by
telling how they knock their dummy
down.
In the first place, we say that the
government stamp on the CON, or
The stamping IT, cuts no figure in the
matter only Is o witness that the coin
is genuine, that il is the very com that
"a i k.,-, f,e,t ,,,-y...4.*as4