The farmers' union. (Memphis, Mo.) 1891-1895, 1893-08-10
years to develop: Great Britain, who,
when she first began the Manufacture

any, cotton goods not manufactured III
their own country, and as soon as she
captured India levied a tax on all cot
ton looms there, which taxed them out
Of rxis cncc and gave the trade to her
own people. and never removed the
tax until tie discovery of the use Of
steam and ArkwriSht's invention ena-
blcI them 10 nIaNufactIrc better and
cheaper goods than any country in the
world? OH, no; it j, not to the tunes
Of retreat that the British banner has
been placed where it is first to kiss the
RISING sun on every meridian of the
ear1h's face. Something must he done
to retain this supremacy. Tie English
money lenders, while controlling the
Gnvcrnncut and successfully plotting
III their own interests, are bankruptlng
her farming and cotton manufacturing
industries and III house divided against
itself cannot stand" How can all her
industries be made to strike the chord
of prosi crit, in unison, is the question.
And let Us see how the Ingenious En-
Glish mind approaches the subject:
Parliament appoints Il Commission.
of which Lord Herschell was Chairman,
~ III E'oi ~ itlc HIS NcIA4iiiAS
sion has been gathering information
and studying the subject for more than
eight months, and has recently report
ed, recommending First. that the
mints of India be closed to the coinage
Of silver for individual account.
Second That the Government buy
silver bullion and coin it into rupees
at the mints of India, and sell the rli
pe"s At - cents apiece in gold.
Third That IL tariff be levied on
the importation of all silver into India
not introduced by the Government.
!, Terrible Raid.
Now, each Of these measures has a
special service to perform. First, the
s'oppagr Of the free coinage for Inui
yiduals is to dtprtss the value of silver
bullion and give the Government the
control Of the supply OF rupees. At
81 pence 81 ounce for bullion, the price
quoted yesterday, the silver in the
rupcc would cost the Government 20
cents, aliI If sold at 81 cents would
give the Government T. cents profit
on each rupee, or about IS cents
profit on each ounce she coined into
r'ir '"s. Sixty per cent. profit should
certainly be satisfactory TO the Gov
eminent. Having made this sum
herself, she hands the rupees over to
her customers with Il stamp on them
authorizing said customers to pay
their debts due her Indian subjects
with these rupees at a valuation OF Il
fraction more than IL cents per rupee.
The aggregate ravages upon India OF
the three invasions of Alexander.
!ompcy and Lurullus did not cost IN
Lil onehnlf the treasure that this
measure will be submitted to without Il
revolution.
To see the rights of 300, OOO, 900 peo-
pie adjusted in one day by council of
aliens 5000 miles from the scene of ac-
ton Is u manifestation of concentrated
imperial power that would make the
mouth of Napoleon water. But Eng
land is accustomed to large transac
tons: her interests demand ii, and it is
done. We're We DISTINGUISHED spec
tators We might only catch our breath
at this glare of power and then float on
il, Il normal mood, but when we see all
of our giant industries bowling their
towering heads and being stripped of
their green leaves and vigorous shoots
BIZ the suction of this storm and those
with uecavtu spots in them crashin
and tumhlinS down, We begin to uucs-
ton whether the earth upon which We
stand is firm. In this hour of con
fusion and uncertainty upon what can
We count rs fixed > where find the
measure with which to circumscr;be
conditions. and make them fall into
line ready to respond to well-con-
Slierel action: Ii the mariner should
east hi, eye upon the waters that the
storm WIS lashiny under him in its
fury. and attempt to take his course
from it, it would he mere accident if
ever he reached a pert OF safety. But
le directs his eyes to the stars that are
fined III their course. and though the
storm may surge and toss his harlu.
npou the toa.ninS deep. its prov, il
under cnhtrol. is ever pointed to safe
~ And If We. in this financial storm.
would find the port OF truth. We must
direct our minds to those liked prilici-
pies OF human nature that never de-
5 trt Il. Self preservation. the love Of
acquisition and power. and the nctes-
stiles for food. drink and clothing
mus: he satisfied. With these ana
Lord Hrr>chell's Recommendations as
Il compass. We will assay the role Of
Euide to lead the minds Of our people
T. clearly View the objects that the
EnGli>iinen hope to obtain hv this ac-
tl"n. II We knew how much silver thu
Government would buy and coin into
rupees and sell fer ). cents each We
could approximate the result on the
Waite OF silver. If it bought all offered
il would not be long before silver bull
lion would sell for =, cents per ounce
An ounce OF silver coined into rupees
and sold At r.. cents each would bring
~ cents. and if sold 1t - cents would
leave : cents 10 pay for coming. Bat
tAI> is not going 70 be done.
England Wants Profit.
I.rst, because it woull prevent the
Government from making sufficient
! rotlt on coinage.
Secondly II woull ral~n silver 70