The Meeker herald., 1893-07-15
FOR FREEDOM.
Free Silver Coinagc-The Initin-
tiative aud iseferen-
dunn.

ph.S III thlS country. p-tpe thc "niSi
tunate legislation OF 1873. Iudia WAS not
a competitor OF this country in any Farm
or manufactured pro luct., but as SILVER
bullion declined the trade in Indi IN
creased, and in just that proportion II
decreased 10 the Uuited STATES. India
now exports nearly 500 100000 worth OF
cotton, about one. third the value oil that
crop in the United States.
Were 81 YER restored, this country
would pro luce at least 20 1909 bales II
cotton which would bring not less than
l6 cents par pound and net he pro
ducers $4,000 O,0o0 uore than it now
does. Both the amount and price OF
breads,uffs would double aud would add
at least sj00,Ooo,Jo0 to The value OF our
farm exports. This would enable the
farmer md planter to pay the int err ST. on
their debts and in time the principal. II
would pay tine national and rrivare debts
OF the country and the bOndholders OF
Europe would be pow-riees to prevent IT..
The present deprecated prictB Wilt,
however, 10 "A few years force nearly all
our farmers and planters into insolvency.
The land will pass into the bunds OF
mprigagees; stagnation, bankruptcy and
ruin will be the result. To the holders
of the mortgages who have been accus-
toned to SIT in their offices aud cut a
cons antly decreasing coupon from their
bonds will hnd their incomes suddenly
at an end aud themselves the pos SCISSORS
of land which they have not the know
edge, experience or inclination TO make
productive. Merchants, manufacturers
and bankers will be compelled 10 sus-
pend business.
The present administration seems to
be determined to reduce this country TO
the condition 10 which India and other
dependencies of England now are. a
return 10 the single gold standard in the
United States would simply be confi4-
cation Of all the property in the country.
All prices in this country and in fact in
the world have declined one half as
measured by the gold value since 1873.
We have now reached the crisis. We
must return either to bimetRllism or
recommendation. With the first, unex-
ampled prosperity for the United States,
the other, bankruptcy and rom and n
free people reduced to penal servitude.
We are nov but little less than de
pendency of OH England. That coun-
i a.. - in
this country so far MS they affect the re-
laiions of the two countries Just RS she
dictates the legislation for every other
country in the world.
Under the pretanse OF aiding the OPP
pressed she has established her com
mercial supremacy over the entire globe.
England reaps the benefit OF her COM
MERGE throughout nearly every civiliz I'd
patiop, by the difference bet ween the bull
lion and coined value OF silver. That is
the difference that our farmers nre com
PEELED to sell their products for, and as
the export price fixes the price OF all
products, the farmer receives the dlIer-
euce between the two values.
The Sherman act is manipulated in
the most shameless manner by the gov
ernment and Wall street brokers. who
having collected the silver certificates,
raid the Treasury gold reserves, when
ever their ''short interest" is large
enough to jus lily a".lump' in stocks
This vet WAS passed with the hope that
it would atfDrl spne relief to the PEG
Pile, but through n conspiracy on the
part of the chi-f executives OF the ma
ton, it is made 10 operate Ms an act for
the batter security OF the Wall street
"beHr-" no make enormous profits by
collecting these silver no IS 10 sufficient
quantity, and by pr-saptin them ut tie
Treasury and drawing gold add an
nounciug another largs shipment abroad
to create panic and to reap the vast
profits which panic 81 safely secures.
Well may we tremble for the fate Of
the nation when the very government
it's II is made party TO those stupendous
raids upon the people 10 the future, as
in the past, every possible de ice IL
deceive the p opIe will be re
8 TT. to, to prevent the free coinage OF
silver; The ab ,iishment OF the tax on
State luks will bs offered, but rejected
by the people.
The South will not be- caught by such
a bait, ard even the Republicans no.
occup, ing seats in Congress, very nearly
all of whom b, long TO the gold conspir.
acy, would prefer Unlimited coinage OF
both metals to "w;ldcat" currency.
The neat offer, and one | regret TO say
appears to find favor with well-meanine
bime,allists, is an increas. in the ratio
say 20 10 l. Prior TO 1884 gold and sill
yer were legal tender in this country at
the ratio of 10 to /, France 15la. Silver
was worth 3 per cent more in America
than IN France. In 1884 our ratio was
changed by reducing the grains Of GOLD
in a gold dollar. Under these altered
conditions silver Was more valuable by
3 per cent in Paris than in New York
So that while Dominally bimetallic, the
United States was in effect monometal
lie. II we were 10 remonetize silver al
any ratio above 16 TO |, other countries
would likely remonetizs at less ratio
France would likely reopen her minti
at the old ratio. Silver, therefore, II