The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1893-07-21

ure their products, but gold. Why not
then examine carefully concerning it
before jumping at conclusionss' II
they do they will Erd that in all the
countries where gold has been used as
the single standard there has been y
continual shtfnkage in the price of all
products since 1878. Ii improved
methods, causing over production,
caused this it is strange fact that the
beginning occurred simultaneously
with the demonstration of silver, and
has continued ever since. There were
continual improvements Ling made
prior to 1873, prices didfiot steadily
decline, but OH the contrary steadily
advanced. How could the sane Gauge
produce exactly opposite resalfsY''"'
You object theu to low prices?
No, it is not low prices to which the
silver men object, hut as Professor Am
drews said at the Brussels conference,
lit is the continual decline that is the
accursed thing" There seems to he nc
bottom. anl whei, is the fiji to 'celse?
The gold newspapers have been for
years telling producers that they would
soon realize better times, and these
producers, in lace Of the fact that they
have each year seen a further decline,
seem to have believed them. Why
they have not learned IN alfhthis time
that industrial enterprises cannot le
cnr:led ON upon continually falling
market and not destroy all profits, and
finally result in bankruptcy, 1 do moi
understand. 1t has always been so,
and unless these gold iIen can change
natural laws by acts of-cohgress it vii.
always be sop;'
What was your Banking scheme?
1T was to use silver dollars for q
basis, but the nonied interests will
never agree to that unless forced b.,
the people.
"No, after they succeed in repeating
the Sherman law the cry will soon 20
through the land asking the govern
ment to issue bonds to borrow that the
people may be made to pay in IL par.
ticular co:E in which they never prom
Used to pay. Then more national bank
notes will lie issued OH these bond
Then in year or so, when the pres
SURE begins Is be- felt, there will be i,
demand for the payment of the new
outstanding greellbacks in Il long time
Bond. Then more promises to pay, Sc
we may have "a sound and stable eli,
rency.' The monled interests of the
world never objects to furnishing pc :
PIE with their notes for Il circul,til &
medium, ami never will. They will
make the people believe that these
notes are better than gold, and the,
Governor Aliens famous sayin Specie
payments are dsnnsI barren idea.
ity,' will be reality;
Ou VUJCCC VI UdnkSe
mo, do not. So far it is the best
system of banking we ever had.
prefer though, to have them issue the
notes on real money, gold and silver,
than Oh government bonds. l am
simply Il hard money man against
paper money based on nothing. State
banksl Oh, they would simply be al,
denomination in the'sight of the Lord. y
Do yon think, by tae repeal of the
Sherman law, that We could force
England into an international agree
ment?
| ~ have no faith in IN international
agreement being Thought about fol
years to come, and believe too, that
the United States is big enough and
strong enough to settle this question
10y herself, if We had tile courage to Dc
it. 1t is true that the repeal oi the
Sherman act would make England suf-
Ter tremendously, bus we would suffer
also, Il thing, which! if possible, W.
wish to avoid; anc if congress would
repeal cur accursed navigation laws:
let Americans buy ships wherever they
CAN buy them tile cheapest; make
tariff duties ON the products of all tile
silver using countries as light as possi-
bic, ut the same time receiving ti,elr
silver at tie old ratio, and we will have
entered the course that will bring net
only England to her knees, but pros
perity b this country for years u come.