Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-11-05

tub W uulsh ioTAu any moIueDl and
sweep the world by revelation Our
the present. disturbance, and should the
money lower which controls our ma
tional administration succeed in this
country, no power could prevent rev.
olution; no hand could stem it's fury.
All thinking men ere convinced that
there never has been time in the bis
tory OF the republic when 30 much wis
dom, courage and manhood were neces.
eary, as at this moment. We have
reached the pivotal point in the destiny
Of this country. We must either 60 for.
ward or backward, there is no middle
ground. We cannot see repeated what
was perpetrated against us ut the time
we acquired our freedom.
We did not, when the opportunity at.
forded, acquire New Fouudland, Ber.
muda, the Bahamas, the Windward
Islands, Jamaica and all the territory
known as HucBtan. Great Britain has
already planted herself in Australia and
New Zealand and is now approaching
the Sandwich Islands. The great chan
will be completed as she includes Van
oouver, Victoria, Hawaii, Hong Kong
Australia, New Northumberland the United
States.
In all the South American markets
there ia a preference for American
goods A more friendly intercourse be
tween the citizens of this country suc
those OF the republics to the south Of III
would be beneficial in many ways. We
would learn more of their needs, the
kind OF goods they require, and means Of
transportation. Only six liues Of steam.
ers ply between these republics and the
United States, while they ore connecteo
with Europe by atty lines. Greater re
ciprocal relations should exist. Tn,
products OF our lands must be put on az
equality with the products OF our facto
rice. We must increase our volume Of
money in order TO extend our credit sys
ten. Our money must be full lega
tender, debt-pay ing, not national banl
notes, The national bank issues are
menace to the country and should bt
speedily wiped out. The currency Of
this country should be issued in the in
terests OF the people, not jugged in the
interests OF the bankers and bondhold
ers. We should have money thai
would pay our obligations and not fla
bank notes. Gold and silver should b,
the basis OF currency issued by the gov
eminent Our gold, silver, and treasur!
notes would pass current all the worlC
over.
Great Britain secures the trade O
South and Central America, old Mexico
and other countries for the reason that
it can afford to give, 6, Q, and /.
months time at low rate Of interest
while we are unable to sell on credit
We purchase Of the products of Latin
America s20OOOO000 while our sales are
but sSOO0O0O0 OF the trade south Of
US, England enjoys about one half, the
rest is divided among France, Germany
and SPAN. England buys annually
from Brazil 100000 worth Of merchau.
disc and sells her Sj0,OOO,0OO. The
United States buys S60,OOO,OOO worth
OF her raw products and sells her but
100000 Of ours.
England seeks to control our monetary
system, thereby the commerce, labor
and product Of labor in this country.
She controls tho transcontinentsl lines
OF railroads from New York to Vancouv.
or and makes direct connection by their
lines OF steamers that run to Australia
and Asiatic ports. She is now erecting
q vast nRvnl station at Vancouver 10
protect and strengthen her commercial
supremacy ON tho Pacific ocean.
Were We a bimetallic country, we
could extend credit to foreign powers Mt
more favorable terms than the British
manufacturer and therefore become the
greatest manufacturing and commercial |
nation OF the world, but II the money |
power OF tine world has secured sufficient |
influence with tho chief executive al |
this nation and the national Congress |
10 TgnupEs a n
people OF the Wost and South must de.
wise some means Of relief. The fight for
Tree coinage must never be abandoned |
until won, but until that time. soma
makeshitts must be resorted to.
The question OF storing silver bullion
and issuing certificates has been aug.
yested, and l trust some gentleman
vii formulate some feasible plap. Tho
Nearing house Of New York has flontad
lat certificates to the extent of $4,000.
700 ard the manufacturing establish.
nents OF New England have put m cir.
'ulation pay roll checks payable In
Tearing house certificates. II the
lsst which has absorbed the wealth M
he producers Of this country can resort
o such methods without being cslled In
iccount by the general government, Tor
violation of the bank tax law, IL seems
o me that the producars should be able
o noat certificate that hes real intrin.
ic value behind It.
Perhaps q better method would be for
he States themselves to make foreign
DIN a legal tender. The people OF Mex.
20, also Of South and Central America
re greatly dissatisfied with the courae
[ this government, because our leqiala-
ION Is such that the Mexican dollar and
Int OF South America have not the same
urchaslng power nc that of the United
states, and there is a movement on fool
moup the merchants and Importers ri
leXlco for meeting of the boards OF
lraae and capitalists OF that country FOR
he purpose OF providing wavs and
leAns TO prevent depreciation and da-
,ruction OF silver and TO protect their
inning industries. '
The depreciation in the bullion valne
silver has had disastrous effect npop
he American trade with Mexico and or.
ers by MEXICAN merchants 10 the
mount of 100000. which had haen
laced in the United States and Europe
ave been cancelled within the lasl
free months '"''
There is no difficulty IN the way #
he States cho0se TO make foreign coin
gal tender The Constitution Of The
nlted Statee provides, section S. olauss
"Ihe Congress shall have power
a =, ,, TO eolD money and regulaI
% value luefcOr. AUDI Df ftr.i,ytss .s1'n