The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1893-07-25

out food. Contraction reduces nv %.Vu'
without prices the farmer cannot
tain for his crops the necessary aroo,
to pay his debts; then every bno;"1
dependent on him fails to meet Tvs H.
legations. When merchants bonT
and every business enterprise, reacbin
to the farthest commercial centar
down in one common crash. To ra 10o1
the Sherman law will precipitatn tL:l
crash to restore unlimited COINAGE ~+T
restore confidence, increase our mona
circulation, restore prices, start b,,o;
ness and avert impending disaster
When any great conspiracy or cri.i,
is thrown upon a nation, the nAorLo
are unwilling to realize it, ALTHOUGH tLS
proofs of its existence may be cIoor
positive and overwhelming. Tboao
favoring the conspiracy are enabled ~
BATTLE and prevent forcible Resistance
by the people, which at the outset i
promptly applied would crush it and
save any material injury resuItinn
from it. The conspirators do this b0
raising hopes in the people that tbo
conspiracy can be coaxed down bv no
g~otiation and does not need IN b.,
crushed out. But when a premeditatod
conspiracy like this which was or.
ranged in Europe in 1867 between tbo
agents of the creditor classes Of tho
creditor nations of Europe, and an
agent from this country of the creditor
classes of this country that they should
labor to secure legislation there and
here to stop the minting Of silver, and
then proceeded and obtained that legs.
lation in this country and in Europe
for the purpose of doubling their bonds
and notes and reducing the price Of
property, the conspiracy had gone ten
far for any sane man to think Of negc
tiating it out of existence by a treaty
to be made with the conspiratOrs. and
had Congress promptly met in 1874
and restored unlimited coinage bv re.
storing the law repealed in 1873 the
conspiracy would have been crushed
then before it had obtained any benefit
out of the conspiracy. This conspiracy
to destroy silver as money cannot be
negotiated out of existence by a treaty,
but must be destroyed by adverse
legislation by US restoring unlimited
silver coinage on the same ratio as
existed until 1873 and make it a LEGAL
tender, forall debts, public and private,
without any exception clause as here.
tofore authorizing the making of specia!
gold contracts. We must crush this
conspiracy or be crushed by it. This
legislation will crush it, and Without
certain disaster awaits us.
There r few members Of this Con.
gress who desire to see silver coinage
by us entirely destroyed for all time
to come.
The seductive siren plea will be made
to III Senators and Representatives.
vote for the unconditional repeal of the
Sherman silver act and thereby restore
confidence and save our banks and pre-.
vent business failures. This will tend
to produces contraction and leave US
without any silver coinage law. and
VA4OLA We SO144 LIZ 4OhSO hldh6 LlOuGY
out Of silver until we shall secure new
legislation. To secure new Legislation
we will have to obtain a two thirds ma.
jOrity, not only in one but both Houses
of Congress, al it will have to be passed
over the Presidents veto, and no such
law can be passed during his term,
which will last for nearly four years,
and during that time the nnoney, power
and influence of this conspiracy will
secure the destruction of all the silver
money of the world, stop all silver
coinage throughout the world, our
debtor people be b~ankrupted, fore.
closed, and their equity Of redemption
will have expired when the proper
legislation will be of no avail or relief
to them
If unlimited silver coinage is ever to
be restored, it should be restored now,
and as a condition of the repeal of the
Sherman law, and if not so granted the
Sherman law should be retained until
it is granted.
We desire to suggest as a warning
that when the Cleveland Sherman
discover they cannot get the
law repealed without subSti,
tuting unlimited silver coinage, they
will be likely to agree to authorize the
issuing of 800, 900, 900, or $3.50, COO, 600
OF greenbacks as a condition of its un.
conditional repeal. We need the green.
backs, even if we get unlimited silver
coinage, as the world needs all the
money our mines can produce in the
next thirty years to restore coin prices
to where they were in 1873, and we
shall be a long time restoring them,
If we get unlimited silver coinage.
But 1T would be a greater hardship
us to repeal the Sherman bill with h,
out any substituted coinage law in its
and thereby enable the stopping
of all silver coinage and aid the de-
of So, 200, 900, 900 of silver
money in existence before Mr.. Cleve'
lands term shall expire through the
use Of the money and the power and
of the creditor nations of the