The Forrest City times., 1893-07-28

rency to such fearful extent that
 these souless money grabbers will
 have treble the power to control the
 business and prices of the continent that they now have. Money basec solely upon gold, will be dear money. It will be unobtainable at any price Ill places, and altogether to the masses, who are now paying too high rate of l interest for money. It will be required of you that your debts be paid in gold, and there will be no gold upon which you can lay finger of ownership. There is not sufficient gold to transact the business of the country. How easy it will be for the money sharks of tie east to contract, or expand to a certain limit, the currency of the coun' try. They do it now, for that matter, with all our money, and there Is no telling to what ends they might go, to still further crush the masses.
 The recognized ratio of value of sil- yer to gold is sixteen to one. Why should this value rot remain the same or why should silver be blamed with all of the inequalities. Why should a gold dollar be any more valuable than silver dollar? The monometallist say because the silver dollar contains only 514 cents worth of silver. But, dear reader, they make the calculation from a gold standpoint. There is no justice in measuring the value of 6 sil- yer dollar from gold standpoint. Put the metals on an equality, with the ratio as above stated. and very soon the silver dollar would contain the full proportion, or in other words it would be worth 100 cents then and at once. Is there any more reason why silver bullion should fluctuate in value than there is that gold bullion should fluctu ate Not bit of 1t. There is no tel ling the day that gold dollar may be worth only 50 cents, if you measure it's value from any other standpoint than that of gold. And if it is not to be measured from any other standpoint, then you admit that the govern ment fixes its value, and maintains 1t. If this be true, why not maintain sil yer in like manner The value of gold fuctuates very little because the government officials and the money power discriminate against and sacri- flee silver in order tokeep gold steady. There is no reason why the value of a silver dollar should not remain as firm as that of the gold.
 There is great cry for the repeal of the Sherman act. TIE TIMES is not money market is caused from the ope ration of any laws now on the statute books. We agree with Wm. Manning. of Goodwin, who has a communication in this issue, that it is rather caused from misapplicatiOn of the law, and personal hatred of silver by the gov bIlNldlo' " uH lO SuN that if law had anything to do with this stringency hhe latter are the facts. But We deny that times are really hard except iE the imaginati On, and assert that the banks of the east aided by the money powers that be, are responsible for the big scare, and that they have gone into d combination, or pooling of interests, with the single purpose of forcing silver out of the circulating medium, ill order that they may the more easily obtain complete monopo- ly of the money of the country. The banks are hording their money, pro fessing to be afraid to make loans dur
 ing such awful @ times, and it is al- most impossible to get loan. Conse. quently failures are frequent They even refuse to credit customer with | foreign drafts and checks and will only receive then for collection. thus talk ing adval ge of every minute of time possible, to keep the money out of circulation. Rum0rS of great fnan- cial panic are sent broadcast. business is depressed, prices are down, the coun try is afraid to breath. Yet there is an abundance of money in the country
 This state of affairs has been purpose ly brought about by the gold bugs in order to deceive the people and enforce a