The Goodland republic. [volume] (Goodland, Kan.) 1891-1907, 1893-12-22

ultimately benefit themselves, as Che
sale of their. articles would be more
than doubled could the people onlyeb-
tain the money topurchase their goods.
The sale of every article of common
use is only limited by the supply of
money in the hands of the people, and
outside of the 81, 600 multi-millionaires
who own more than one-third of the
wealth of the United States there is
not citizen in it who would not, were
his wages or income doubled, become
a buyer of an increased quantity of the
thousand and one articles produced by
the factories of the east whose owners
are so opposed to an increase in the
circulating medium. The cotton fac
tories of Fall River, Mass, have been
able to declare dividend of II per
cent. But the cotton growers of the
southern states, by reason of unjust
competition with India cotton, caused
by the fact that silver is treated as
commodity, have produced the cotton
at loss, while the wheat growers of
the west, forced to do it by the same
factor, have furnished bread for the
employees in those same factories at
the cost of production. And it is here
that one of the fallacies of the mono
metaIlists has succeeded in catching
the ear of the laboring classes in the
eastern states, having led them to be-
lieve that any rise in the price of wheat
would cause an increase in the cost of
living, hence would prove a burden in
stead of a benefit, cunningly conceal
ing the fact that more money in the
hands of the farmers, miners and grow
ers, would mean more buyers of manu-
featured products and an increased
market would increase wages, insure
steady employment, and forever lay
that nightmare that now threatens
every employees position, the dozens of
idle men and women who are clanor-
ing for his place at less wages, in fact
any wages that will prevent starvation.
That the silver producing states
would receive a direct benefit is con-
OOAOOs ONAO O11cbO OhO1l OShSnOS ctIO Sl11ctl1
compared with those of the cotton and
wheat states, will be apparent to any
one who will study the subject and
even though the entire benefit was to
accrue to the silver states, the results
would still warrant the resumption of
free coinage, as the labor expended in
mining gold and silver is the only lab
or that increases the amount of actual
money in the world as the paper used
by every nation depends on the sup
posed ability of that government to re-
deem it in gold or silver on demand, so
that it can be transferred to a foreign
country and the metal again minted to
correspond with it's own laws. Under
present conditions, an ounce of silver
is sold ythe miner for 83 cents. When
coined, it is worth S1.29, the govern
ment getting a profit by that transac-
ton of 46 cents.
By reSuming free coinage two things
will be accomplished, as the 46 cents
would then go to the silver producer
and at the same time the cotton grower
and farmer would be relieved of the
strongest factor in India wheat and
cotton competition, and England could
no longer buy the products of our own
silver mines, to drain the likelihood
from our planters and farmers, while
both miner and agriculturist would be-
come purchasers of manufactured
goods to a decree corresponding to
their increased incomes.
The monometaIlists have, as yet, en-
tirely failed to produce a single argu-
ment in support of their theories, wor-
thy of name, but instead, have de-
Tended their position with pIatitudes.
If they have arguments, why not pro-
duce them, or else forever hold their
peace. In the meantime we would ad-
wise the manufacturing and laboring
classes in the eastern states to ex-
anime the merits of the question for
themselves, least they, by their opposi-
ton or apathy, kill the goose that is
laying the golden eggs.-Denver Road.