The Bottineau pioneer. (Bottineau, N.D.) 1885-1895, 1893-07-08
FINANCIAL PROBLEM.
Communicated ' -. ~$~
,EDIToR BOTTINEAU PIONEER:

. = FINANCIAL PROBLEM.
Communicated @ IT,
EDITOR BoTTINEAU PIONEER: !
In view of those facts when your
readers shall have read what we shall
quote hereafter from authors of re-
nown they will understand why
silver was outlawed in 1873, and why
in the last congress strenuous effort
was made to stop all silver coinage by
us and to pass the Hartor Bill to sell
all the silver bullion deposited in our
treasury vaults in pledge to be coined
to redeem all our notes, which act
would leave the government to re-
deem these notes in gold coin, and
not having that coin wonld require it
to issue several hundred million dol
lars of gold Bonds to get this gold in
order to sweep the silver notes out of
existence and add to the contraction
that would be forced upon us by
stopping all silver coinage, in order
to add to the profits and robbery that
the creditor class in this country have
practiced upon the public by controll-
ing the nominations and the press Of
the two old parties, and thereby dup
ing and leading the people, and
securing the control Of congress and
shaping legislation, and thereby max
ing the people rob themselves to en-
rich Wall street, New England, and
Western Europe for thirty years past.
We cannot hope for any aid from
president. Cleveland to avert this
attempted and threatened fraud. He
lis one Of the most active participants
in it. AS long ago as February, 1885,
Cleveland asked all the Democrats in
Congress to help him stop all silver
coinage. That party thep and during
the whole of his administration op-
posed the request and stood between
him and the people and in a measure
protected them from financial ruin.
In coming back into the chair now It
is said that he does not request, but
assumes t., dictate, and that he is
striving to bribe and bulldoze official
action by the use Of patronage. Be
this as it may we must appeal to our
Senators and Representatives to resist
his entertainments and stand by the
people and assure them if they do We
will throw down all party lines and
stand by them and let Mr.. Cleveland
go into the Republican fold, and the
people of the west and south will band
to crush the combination. Mr.. Cleve-
land tells us it is necessary to stop
silver coinage to prevent the depreci-
alton Of the poor mans money. Is it
the poor man or the rich man who
has the money to be depreciated?
One half Of one per cent Of the people
Of the United States possess one half
Of It's wealth; one out of every ten
who dies in our cities is buried as a
pauper, and the condition Of our.
country population is but little better;
and with more contraction forced upon
them, being heavily mortgaged,, their
equities will be extinguisLed, paym yments
become impossible, foreclosures fol-
low. and system Of tenantry estab.
lshed for all time to come such as
now prevails throughout Europe, But
free silver coinage will enable the
masses to retain their homes and
farms and not become tenants, and.
will add to the stability of government
aud relieve distress. To establish
Free Coinage will stop the downward
trend Of prices, give our struggling
people chance to live, and under the
decisions made in the. legal tender
cases will wipe out all the gold con
tracts that have been made in this
country and subject them to payment
lin either gold, silver 81 greenbacks !,
either of which should be good enough
for any American citizen and either
,of which will beE equal ID value the
world over when free silver coinage
shall be restored % tho terms and
ratio existing prior 90 1ss73 Az toI
coinage regulating 10 lues and that
the cutting Of of ono metal from
coinage that forms half tbe money Of
the world will lessen values one half
and rob he debtor md producsr u
that extent and beneit the creditor
ma eonspne q We AK you "A rerl
from thc fe..ll llossiin ng able lnai, who III
~ - \ iss connseted Nil this psssenll