The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1893-10-19
THE MONEY QUESTION.
Money is the Root of all Evil. But We
CANT Do Business without It-Talk on
Men and Finance.
BY A. M'GREGoR.


BY A. M'GREGoR.
Governor Mckinley, in his opening
speech, did not STATE his position on the
silver question. IL was, as u,usl, mainly
tariff.
Two years ago the Governor extolled
the Sherman act.
On the silver question Mr.. Neal, ia his
opening speech, on Thursday, thus stated
his position. he Is square cut:
THE purchasing clause OF tue Sherm an
silver law must be repe aled. The province
Of Jus government is to coin money and
regulate It's value, not TO act as n broker
in thD purchabe of silver bullion. But
the unconditional repeal Of this clause in
that act 10 but one step towards the Rc-
c0mpllshment of the desired end. The
Democratic party stands committed, not
only to its repeal, but TO the unlimited
use Of both gold and silver as money"
MIR. n sai's discussion Of the tariff Wa1
sble a qd comprehensive. Hts exposi ion
oi the iTjIsics of protection wss com
pIete. Every citizen of Ono should re4d
Lns speeches of Dotn candid sLes with
thoug hduL care. II this were done Mr..
Neal would be elected overwhelmingly,
for II there ia monstrosity ranging in
this land it is protection.
The idea thht our taxation should be
arranged so as 70 pour millions into tho
pockets of few favored Individuals is
simply monalrouO.
Mr. Neal 10 o full match, at least, for
Mr.. Mckinley in the field OF argument.
Let us be free 10 think and accept the
truth. "Ye shall know the truth, and the
truth shall make you free"
A BIT OF FINANCIAL HISTORY,
well remember when the money
power led by Nicholas Biddle, presid snt
of the Uaited States bank, defied the
nj he. L.
of President Jackson, who had vetoed the
recbayieriDg of the bank, and HeUry Clay
expected to bs elected over jackson in
1882, and the bank, II val said, poured
out money for that purpose, largely for
papers and publications. Nick Biddle
was held up as a giant In those days.
When the bubble, though burBt in 1887,
and Biddle and many others went down,
tSere was q great crashing of dry bones.
Jay Cooke was big mogui till he and his
bank collapsed In 1873, After that he dis
appeared.
Our horrible financial history should
convince anyone, think, that there has
been something wretchedly rotten in the
whole system, varied even ss IL has been
L. has been paper promise upon paper
promise.
MKINLEY AND CARNEGIE DO NOT AGREE
ON THE CAUSE OF THE PANIC.
There is no uniformity of opinion
among gold advocates as 20 the cause of
the late financial disturbance. Many
claim the trouble is entirely "oWinG 20 tho
prospective changes ia the tariff" while
otherB maintain the thing was wholly
caused by the purchase of silver. Mr..
Carnegie stoutly claims that buying silver
end the gold decreasing in the treasury
"was she sole cause of the pRnic.n This
is his conclusion in his paper In the North
49, ~ L. l.
scare was not the cause at all. Mckinley
now says IL was.
Judge Agnew, of PennsylVania, In re-
cent address at Pittsburgh, held that the
continued purchase Of silver bullion is en-
tirely inadequate to have caused the wide
spread panic from which the coun-
try has been suffering, and maintained
that she cause 10 largely due 90 the pros
pective changes to be made Dy the Demo-
cratic party ia the tariff laws, How these
learned Republican doctors differ.
Some people have the audacity 10 dub
II "the bsnker's panic"
Tho monopoly of money, controlled as
IL ia, enables a fsw inGividu ais TO disturb
values aud business whenever they think
it beat for their interests, and they study,
of course, their own interests. All this
shows the Rrievous wrong in govern
ment caring specially for "a favored few
and giving to them thsBs great and
dangerous privileges.
When q few can make money plenty or
scare can tie il up and thereby stop busI>
ness and throw millions out OF work and
in this way disturb values and bring dis
tress aud ruin--WheD few men, / say,
have the power, il Is time for the govern
ment to come to the Eescue of ths people.
LET Us QUIT MAKING MILLIoNAIREs BY
Law.
When few men can tie up money as
we have seen, increasing the value is not
the proper remedy. The true plan 10 to
take away their power TO do this. Draw
their teeth so they cannot bite to hurt. 1
don't believe this world 10 made for
Rothschild d Go. Let us get the United
States government out of debt; avoid, as
far as possible, involving countries, cities
etc. study and practice economy and
drive on the wheels of industry and quit
paying tribute and making mlllionAires.
Why 10 1t that 95 out of every 100 deal
ere fail In this country? Usury and the
monopoly OF money that Robbles the
profits. Honest, legitimate business can
not afford to pay the rates usually ex-
pected. There Ia talk of an income tax
but of this l have little hopes, as yet. We
will wait, however, and see. At the rate
we have been going on. it has got to come.