The Progress., 1893-08-19
PRICE. ) CENTS.

honest dollar" DO you see: Now let
us 20 a little further with this Intanglinc
business. Why is it, you ask, that - $40
grains of gold bullion will sell in the mar
ket so near II, while the 4l2ll of silver
/ bullion in the silver dollar will sell for
only about 60 ceuts! Can you tell? Wel
! ct me tell YOU then. From 1872 until
1873 the producers of -oId and silver bull
( lion could take * $40 grains and 4l21<
respectively (nO matter what It cost to
produce To the government and the gov
ernment would stamp them and say.
each one i a dollar" This i cree COIN
age, which John Sherman saws they de-
feated by passing what il called the Sher-
man silver act. In 1873 the dealers in
gold bullion got control of Congress, ana
Congress said To hhe silver men, YOU
cannot bring your 4l2'3 grains Of silver
here TO tine mint and have it stamped into
dollar any more although for 81 years
they had had the privilege. But TO the
gold men Congress said, you may con-
time 10 bring your p SO grains of gold
and We i'll stamp il one dollar for you
free Jus' aS soon a. Congress had said
this 20 the gold anI silver men, then sill
yer had 80 - int, TIA, iuar.:.f :l,,i com-
pete with other eoturuditi,, ,.rucfuceCh
by labor.
Previous to lS13 We viii -uuDo>e, for
illustration, that 1t cp>i ~ cerI- ia labor
to produce - $ - GrLiuS of gold ana
l.2l5 grains OF silver each. The govern
nlent took the two mcta.s that cost ana
" re worth only - cents each and a. ded
, Gems of government FIAT or law to
each one, while the producers OF all other
commodities had To compete - the open.
market for the sale of their products.
The true situation to-day is that the
gold bul ION owners can take 25 $40
grains OF gold, which costs them but -
cents TO produce (accordIng TO their own.
evidence) to the government niut and
have IS cents Of hat or law added to il
and the gold bullion dealer is happy
making Is cents on each of his gold dol
lars. The silver men are not IN it. and
that is one of the things Congress VIII
have TO decide. whether the silver IN en-,
shall have the privilege of having CO..
cents of tiat or law added 10 tie 4l21&.
grains o: silver that costs only 40 cents
to produce go say the god men) and the
gold men have 6S cents added To their
dollar That Il to be the fight in The in
coming Congress. While Congress wran-
giles over this question the business firms.
will coutlnu to fam banks Cthe best sys--
tenn in the world) will close their doors,
labor be thrown ont of employment, and
during this time the people, part of
them ut least may learn that the govern
ment has the right and power to put ftss
stamp upon any material il see. fl, and
declare il to be money. Aud who Is Go,
say il shall not BE- money: All the busi-
ness men, mauufactur rs, farmers and
laborers want is tJ sell their products to
those who wish to buy. What iheE want.
for il is something with which theycan
buy other thiGgS til y want. The main
thing with the business man, with store
fill of goods, il 10 sell his goods and co.
receive for them something with which
he can buy uor5 goods, and that some
thing is MONEY. e is nv sold or silver
the people want, il is VI wy, MONEY. II
IS MoNAY not 2LiTE III, and We o'''oi
thing is the pc 'ple eau have j. NJ ~'s''
they want. Did you ever think of
j. &. VALLETTE,
Providence r. l.