Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-09-10


There are well-establishcd precedents
in the history Of this government under
which our platform pledges can be sure
~ and snfely redeemed. The free coin
age Of silver as it existed prior TO 1913,
al the present ratio, it Is believed by the
great majority of the best thinkers in
this country, would in a very short time,
by bringing down the value of gold and
raising that of silver, bring these metals
together IN substantial parity. Safe
guards of legislation. II Is confidently be-
lieyed, could be brought TO the aid of
such nn act in way to insure the de-
sired result.
A decrease in the number Of grains of
gold in the gold coin, or an Increase Ia
the number of grains of silver In the
silver coin. or a decrease In the weight
of the gold and IN increase In the weight
of the silver coin, would bring them 10
parity. The gold eagle (ten-dollar piece
as established in 1702. containing 30
grains Of standard gold, was In 1884 re-
dueed TO 25S grains of standard gold.
The silver dollar established as the unit
of value In 1892, continuing ZIG grains
of STANDARD silver. was in 1897 changed
10 dollar, the same we now have. Of
40 IL grains of standard silver
Ii is no new thing to change the ratio
Of the metals to each other Why eau
we not change ii now, aud for convent
ence reduce the number of grains In
the gold coin. leaving the silver dollar.
as az present. with 412 IL grains OF
standard silyery Gold is oycrvalued
about 40 per cent as compared with sil-
yer and other commodities and Il sub
Traction OF IL part Of this generalization,
by reducing It's weight, would restore
the proper equities between debtors and
creditors, and raise the prices of al
commodities from their depression to a
fall a4Htl fls. III.
ducing parity between the metals, as
the party j. pledged 10 do.
When congress possesses the power. and
the Democratic party holds the majority
to do and do surely and well. that
which the American people have been
promised shall be done, shall the Wishes
aud demands of the people not he con
sidcred and some effort made to comply
with The prOinisel II seems not |
warn Democrats that the people will be
hvarl from later. We are told by the
advocates Of This bill, or at least by the
leading ones among them, that we must
pass this bin and adjourn and 60 home;
that nothing more IS needed to be done,
except 70 pass bill already favorably
reported providing for the issuance by
the national banks of $2O,OOO,O00 bank
notes, which many believe will be locked
up in their vaults as soon as issued,
where al the other money IN the country
Is boarded instead of being put in circu-
laiiou,
No need, say they, to press tariff
reform and repeal of the Mckinley
bill. True 1t Is that manufacturers pro-
ducers OF raw material, importers and
Consumers alike, are vitality interested In
knowing what changes are 10 be made
in the tariff, In order to inteligcntly and
properly conduct their business, which is
lauguishing almost To the poiut OF paraly.
SIS for want of this information. We are
TOD that II is too hot now, we must
wait until the regular session in Deccm.
Der next before taking hold of the sub.
ieci. All that these gentlemen desire, il
the pending bill passes, will have been
secured In the destruction Of silver and
the inauguration of gold us the crowned
despot OF our monetary system That
accomplished, their 'abors are finished.
II IL all they want, except that con-
gress shall adjourn. The $4,000 900 OF
legal tender treasury notes required I'M
der the sherman act each yenr 10 ia
ont into circulation, aud is tho only
source of increase in the volume OF
money TO meet Increased demands from
increased population and business, will
he cut off by the passage of this bill,
and TO this extent currency will be con.
shrinknge inevitably 10 occur from the
adoption of the gold standard The acc.
rotary of the treasury is reported Nv the
daily papers OF this city, IN interviews,
as saying that the country needs no adj.
diHon TO its circulation. thut we have
money enough, and that all we need Is
confidence. The president, in his mos.
sage, makes but one recommendation.
and that Is 20 repeal the sherman act.
The bankers. capitalists and rod.
mongers, whose wealth Is 10 be LARGELY
Increased II not doubled by the repeil
OF the sherman act. are using an their
power over merchants and the iuterior
bankers, resdrting 20 every form AZ ,,n.
ercion Printed petitions, with printed
letters OF instructions, have been show.
cred over the country from New York
aud other Eastern cities, 20 be filed out
with signatures and forwarded To Mash.
ingtOn for effect upon members Of cor
gress. The pressure through tbo V oa.
Iiona' banks, machine petitions the metro.
poli,an press. and the vast power AZ IN,
executive department of the goycrnfnent
for the passage of this bin l. lhe MOST
tremendous ever before known.
The house. unable 10 withstand 1, bss
succumbed. and the United states s 1S
ate stands to-day the only barrier he.
tween the people and spolAtioh itl,ro,,,,
into dire distress and rendered nttari,
helpless by panic conceived. oyeitsj
produced. and manipulated by the Nv,
York national hanks and Their ro.eSn.
.ltAAANNN IA NNAtN AHN9AiEM cites and la
England for the purpose Of eeeV..is ~,
their consent 10 the. passage OF mis- Mi
the people Of The United States hsvs !,
right TO expect congress 90 protect tb.,,
asainsl the isiisep'is combination which
i uSsal Ing them. DO senator's denhf
the existence Of this combinations JTs eli
10 the stand Hon. John g, Carlisle. s Ssi
Rotary OF the. treasury. who IN 1875 al
the iloor 81 the house, OF which ~ ~, ~
then member. In a speech o. reipa '' i3 is
bower. usei the following lanrnsrs " 4,
has been heard before. but NH hsa q,
repetition; a'
II know that the worlds stool, 80 n.,
clous metals Is none TOO Largo ~ al ~
see no reason 20 apnrchcnd thaf h -
VII be 50, Mankind will be fostunafe
and silver coin shan keep nape Viii, e ,aui
annual inctease 81 pennlatioa. co nlsn ~
the subject. the conspiracy which ' W W
70 have been formed here aud n F ,ss,ns
70 destroy by legislation and o.hes,r;,'e.
from threc.sevcnths 10 one-haif ~. Y. va,
he money OF the world Is tie n,s s.s'si-
Eantc crime Of this or any o,hsr q