Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1893-07-12
Increase VS.. Decrease in Volume Of
Money.

va vi iSAs SCAOs
Again, on page 81, of same volume,
we find the national banks in 1880, re-
port currency $317 300, 600. and of coin,
500 300, 900, equalling $426, 800, 900 of
currency and coin. In 1889 these banks
report only $751; 200, 600 circulation, and
SITS, 100 600 in coin, total of 1926, $780,
600, decrease of $96, 800 900 in nine
years, equalllng % and IS 100 per cent.
On same page we find these and all other
banks decreased their stocks from S7l9,-
400. 600 in 1876, to S717, 800, 900 in 1882,
equalling 81 300, 900 in SIX years.
'Itmay be claimed that since 1889. the
government has increased the volume
of money by an increase OF coin and
coin certificates. Yet whtn we remem-
Der that for each and every dollar of sill
yer and gold certificates issued, there
must remain one dollar of gold or silver
locked up in the U. s. treasury, and
when we see that gold has gone ont of
this country at rate exceeding the
coinage of both gold and silver, we
know, and there can be no mistaking
the tact, the volume of money in the
United States has rapidly decreased.
and falling prices of all property and
products of labor has followed with all
the attendant evils.
1--WE see in the U. S. treasury report.
for 1889, that during that year of won
derful prosperity (?), (page 46), the ex-
port of specie exceeded the import by
the small sum of SCI, 67S, 460. while the
total coinage of both gold and silver for
the same year, was but 500, 965, 829.61.
We find on page As, Treasurer's Report
for 1889, the total domestic exports
from the United States during the
year, was $730, 282, 600, while the total
volume of imports was $731. 430 1886.
(See pages so and 51-imports exceed
exports, merchandise only 81, 147 ,729. 36),
yet the exports of coin exceeds the i'm
port by $50. 1866, 929.6l.
"If we consider the volume of exports
and imports as basis for estimating
the increased or decreased demand for
money in the channels of trade, we
find by taking the years 1876 and 1888,
that the exports and imports equalled
81, 001, lbs, 1851 for 1876, and for 1888, the
volume was ST., AIS, 1874 ASP, or an in
crease of Al and 82-100 per cent in II
years, and population increased SO per
cent, while it Will be exceeding diff
cult to prove that the volume of money
in the channels of trade had increased
one dollar.
This covers the ground completely as
to the pretended increase of the volume
of money. Facts are stubborn things,
and mere sentiment cannot change
them. Now, since it is shown that the
commercial business of the country,
1.-THE imports and exports), has grown
nearly AZ per cent in only twelve years,
and for the same length of time, the
population has increased SO per cent.
In the name of liberty, patriotism, and
the Union, why has not the volume of
money been expanded in accordance
Herewith, instead of being contracted
and held at a stated amount? Why!
Because in the growing demand fol-
money, the rich lenders of Wall street
and London, may exact a higher and
still higher rate of interest until the
last penny of taxation is exacted for the
use of their 'capitall'
because in doing so they have bought
congress, elected judges and legisla-
lures, corrupted the ballot, and endan.
gered the very union of the states.
I'm accomplishing their purpose these
money lords have been skilful enough
to provoke sectional hatred over the
embers of bloody civil war, and by
keeping republicans and democrats
busy with war talk they have sue
ceeded in legislating money as they
chose.
Again, after the war talk failed to
rivet the attention of the great parties
they shrewdly directed national atten.
ton to the tariff and while the par.
ties only disagreed as to how much,
not single vital principle being at
stake, the great force OF the country
has been idiotically spent in fighting
over the question.
But at last the republican party is
being aroused. The money, which is
the very life blood of the nation, having
ceased to circulate freely, the people
are confronted with starvation and
ruin, and the life of the nation itself is
endangered.
THE republican party having ever
been the party of the people, must come
to the rescue, and at once. If the lead.
ers of the party fail to do it, then the
rank and file of the grand old party viii
do it, even if 1t be necessary to vote
under another name.
LAS republican having at heart, the
highest interest of the party, we appeal
to the leaders to demonstrate by plat
torn and practice, our position and
voice with no uncertain sound, the de.
mand for the enactment of a law pro.
viding for the issue of legal tender
treasury notes in sufficient volume to
do the business of the country.
Let the finance question govern un-
til the safety of the republic is assured
delegate all other topics to the rear un.
til the liberties of the people are Sc.
cured, and once more this shall be a
government of, by and for the people
instead of a vast plantation stocked
with white niggers for the benefit OF
the Rothschilds and the nobility (?) OF
England"
The above is from the pen of Will
Bolton, editor of the Kiowa Counts
Signal, good republican paper. We
quote it as an evidence that the rank
and file of that party, are true in heart
to the best interests of the people, when
they realize what those intarests ara