The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1893-08-12

crehEing ~ tne rate of pouivuOiVo0 -yoHrtyi
with no fixed termination 10 such increase,
II can hardly be said that a problem Is
presented whose solution il free from
doubt
A stable Currency Demanded.
The people Of the United States are en-
titled to a sound and stable currency and
to money recognised as such on every ex-
change and in every market Of the world.
Their government has no right to injure
them by financial experiments opposed 10
the policy and practice Of other civilized
states, nor y Il justified In permitting an
exaggerated and unreasonable reliance on
our national strength and ability 10 leo
psrd the soundness Of the peoples money.
This matter rises above the plane Of
party politics. IL vitality concerns every
business and calling and enters every
household Of the land. There is one i'm
portant aspect Of the subject which es-
peciaiiy should never be overlooked. At
times like the present, when the evils Of
unsound finance threaten us, the speoula-
tor may anticipate a harvest gathered
from the misfortune Of others, the capital
ist may protect himself by boarding or
may even find profit In the huotuation on
values, but the wage eArner-the first to
be injured by deprecated currency and
the last to receive the benefit of its oorreo-
ton-is practically defenseless He relies
for work upon the ventures Of confident
and oontented capital
This failing him, his condition Is with
out alienation, for he can neither prey on
the misfortunes Of others nor hoard his
labor One of the greatest statesmen our
country has ever known, speaking more
than ffty years ago, when derangement
Of the currency had caused commercial
distress, said:
'.The very man Of all others who has the
deepest interest in a sound currency and
who suffers most by mischievous legisla-
ton in money matters is the man who
earns his daily bread by his daily toll"
Prompt Relief Required.
These words are as pertinent now as on
the day they were uttered, and ought to
impressively remind us that failure in the
discharge Of cur duty at this time must
especially injuTe those Of our oountrymer
who labor, aud who, because of their mum
Der and condition, are entitled to the most
watchful care of their government.
II is Of the utmost Importance that sucf
relief as congress can afford in the existing
situation be afforded at once. The maxim
che gives twice who gives quickly" II
directly applicable. It may be true thai
the endorsements from which the bust
ness of the country is suffering arise al
much from evils apprehended rs from
those actually existing We may hope
too, that calm counsels will prevail, anC
that neither the capitalists nor the wag'
earners will give way TO unreasoning pani'
and sacrifice their property or their inter
ests under the influence Of exaggerated
fears. Nevertheless, every days delay II
removing one Of the plain and principa
causes of the present state of things en-
larges the mischief already done and in
creases the responsibility Of the govern
ment for its existence Whatever else thl
people have a right to expect from con
gress, they may certainly demand tina
legislation condemned by the ordeal o
three years disastrous experience shall b
removed from the statute books as soon a
their representatives can legitimately dea
| with it.