The representative. [volume] (St. Paul, Minn.) 1893-1901, 1893-07-05

EFT IT COME.
An Han tho Day When the Collapse 70 ~
Silver Basis Shall Come.
For great many years there was Z
struggle going on between paper money
and coin. Coin included both gold and
silver. We were told that we must dc
away with paper money and get down
TO ''specie basis" or the country would
60 to the ''demnition bow-wowA"
Any man Of any sense knows that all
the talk about the necessity Of q specie
basis" was an excuse for putting on the
thumb-screws of contraction. The pol
icy of contraction has been mercilessly
carried on for q whole quarter Of a
century. It is still being carried on.
Instead Of contest between paper
money and coin, it is now a contest b.
tween gold and silver.
We were told for many years that all
we needed to make . glorious financial
system absolutely perfect was coin
money. And now the same gang OF
John Sherman and Grover Cleveland
eut-throats are telling u that we must
have gold alone!
The Sherman law" must be repealed.
As matter of fact any law known as .
Sherman law" ought to be repealed
simply because it bears the blight OF
Benedict Arnold in its very name. But
the chances are that if John Sherman
made a mistake in the SHERMAN law
it was merely letting go to get better
hold. John Sherman has never made
any mistake" in engineering schemes
for ShyloclA And unless this law Is
repealed" says the above dispatch,
sit will not be long till the country
will be brought to silver basis"
We have heard this same assertion
ten thousand times. It has been re-
peated till it rings in our ears like the
changing tones Of an alarm bell But
not one of the ten thousand prophets
who predicted ''the drop to silver
basis" has ever yet pointed out how or
wherein collapse to the silver basis"
was going to injuse anybody! With
owlish wisdom, with elongated faces,
with hands piously upheld, they dole
fully howl: ''There is danger of a col
lapse to a silver basis!''
In the name of common sense, what
calamity could possibly befall our ma
ton if every dollar of gold should
leave the country and the ''silver-basis
collapse" should come?
For fifteen years the people of this
country never saw a gold dollar! We
carried on the most gigantic war of
modern times without a dollar of gold.
We rebuilt a desolate South; opened up
immense territories of undeveloped
land; constructed tens of thousand Of
miles of railroads; iquidated all of the
war debt the Shylocks would let loose
from their wolfish clutches, kept every
man who wanted work busy from
morning till night, every work-day
in the year; built more houses for the
people than were ever built before in
the same length of time; de-
veloped the greatest prosper
ity which this nation ever saw,
and everywhere the benign sunshine
of plenty shed it's rays upon contented
and happy people! and all during the
period when there was not an accursed
gold dollar to be found!
All hail the day when the "gold dol
lar shall forever and eternally disap-
pearl all hail the day when the ''col-
lapse to the silver basis shall come
Let Secretary Carlisle's danger sig
nal" Of the disappearance of gold be
eternally damned. The sooner the
scare-crow dead line is passed the bet
ter it will be for the American people.
California (Mol NeWspaper.