Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1893-03-14
THE MILK - raE cocoAxUr.v

England is the net creditor Of the
world at large TO the tune Of ten bill
ions. Would that country, or rsther
the interest gathersrs Of that country,
adopt bimetaIism? Well. hardly. |
They would naturally advocate :
more limited circulating medium 20
- to make what would remain more
valuable, as scarcity makes value in
exact inverse ratio to the reduction. |
The money lenders hav. England by |
the throat, IS the money lenders of
this country have nearly $4,000, 900
Of our own people in their clutches.
hold millions upon mill
ions OF American securities, and Of
course with the demonstration Of
silver, gold appreciated in value, and
if there is one thing above another
that the creditor class is extremely
fond of it is that kind Of money.
They like to rake in . dollar with .
purchasing power far in excess Of the
dollar they let 60. 1t is An easy way
to heap up millions by robbing their
debtors in an 'honest" way by ma
king this kind of an "honest dollar"
The Englisbman is not fool, but the
American is. The people Of this
country are paying their debts to
England in appreciated money, and
allow their Representatives in Con-
gress to fleece them at the bidding
of the money sharks They allow
them to continne the evils of the de-
monetization act which increased 40
per cent the debts Englishmen hold
against Uncle Sam and Uncle Sans
people. The United States produces
one half the silver of the world, yet
with but half million Ernest Seyd,
an Englishman, purchased the great,
honorable, sanctimonious John Sher-
man and he sarreptitiously inserted
the demonetization clause. This act
deprecated the metal we are capable
of producing in such great quantities,
and the immediate result was an enor-
nous crop of tramps, mortgages and
millionaires. Before this "honest dol
lar" act was perpetrated our debts
were payable in coin-either gold Oh
silver-after that in gold which nat.
urally appreciated in value, and debts
and interest also very naturally ap
preciated at the same rate. That i.
the milk in the cocoanut, but the pro
ducers don't get any of this milk
Please remember that. The debt o
the United States was contracted t,
be paid in either gold or silver, bu
by a slight-of-hand act taught b,
Ernest Seyd and practiced by the de
) lectable J. Sherman-the $500, ,0O'
act-that debt was actually increase,
) 40 per cent. That was received di
rect by "honest john" besides thi
"nonest dollar John had his million
increased 40 per cent in one little in
stan, as a result of the reduction G
, the currency. Besides the nations
q debt city, county, State and privat
, debts were increased to the same pe
cent. These debts, not taking int
o consideration Uncle Sans and pr
q vate debts, amount to billions. l..
very small affair. The producer
= have to pay all this. Besides all thes
unjust burdens England has an at
vantage over the farmers of tt
: United States in the markets of Ems
i, land to the extent of the differens
y between SO cents and $1.34-the TO
\ mer the bullion value of silver in Il
9 London market, the latter the CO
"a value IN rupees for the East Indis
.r trade. Yet quite per cent. of Il
/. farmers are deceived by the sanc'
,e mouious cry of "depreciated silver
10 and honest dollar" 1t is the "
Il lains who have been, and are sti
IF heaping up billions of ill-gotten gai
who coined the "honest dollar
D. phrase. They also continue to d
Of honestly coin millions on this hone
- dollar" Who are the losers? L
or the Unsuitable mortgages that q
nj sucking the life blood of the peoI
rs and continually yelling for mo-
10 answer; mortgages calling not
al millions, but billions of dollars. N,
in outstanding all this many farm.
:, are led to believe free coinage wor
>, be for the sole benefit of the sill,
,d miners. They know something
~ wrong, but they will not see VIII,
-. the wrong lies. A reduction of c.
al rency increases debts, and it th
bs could ever get that simple propc
- ton into their crariums the VIII