Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1893-04-05
A SIxTY-EIGAT CENT DOLLAR
There is No Such Thing as a Natural Cent
or Dollar BY Which to Measure the Value
of Any other Dollar,

Ihere Is NO such Thing as q Natural Cent
or Dollar BY Which to Measure the Value
of Any Other Dollar.
In the course Of letter upon the sill
per question, addressed to L. A. No
$685. X. of L., Keokuk. Ia, State Mas
ter Workman ]. r. Sovereign says:
The effort to suspend the coinage of
silver is prompted by desire to limit
the debt-payiDg Qoney of the world to
the metal that is most easily controlled
by the money lenders 1t is a scheme
TO increase and perpetuate incomes
founded on debt 1t is scheme de-
signed to force more bonds and mort
cages upon the people, 1t is more. 1t
is conspiracy designed to appreciate
debt and depreciate labor and oommodi-
ties by forcing the payment of existing
debts in a dearer money than existed
at the time the debt was contracted;
the conspirators and give their cum
ningly devised scheme the outward APP
pearance of exalted honesty, the claim
is made that the silver dollar of 412X
grains is dishonest dollar; that it is
only sixty-eight cent dollar; that it
has been padded out with thirty-two
cents worth of hat, and that the poor
man is entitled to just as good dollar
as the rich mans dollar
Let no workingman be deceived by
such absurd propositions. 1t Is not the
silver dollar that has been padded with
thirty-two cents worth of fiat; it is the
gold dollar that has been over-padded
with thirty-two cents worth of dis
To- 81 T., II
free and unlimited coinage and one
sided public policy that has discrimi-
mated against silver in the payment of
government obligations, for the pay.
ment of which silver has always been a
legal tender. The padding has all been
on the gold side in the interest of
coupon-clippers. The silver dollar
pays just as much rent and taxes, and
buys just as much food and clothing
Tor the poor man as the best gold dol.
lar that was ever coined. 1t is full
hundred-cent dollar in all the multi
farious exchanges that administer to the
wants and comforts of human life; and
all this cry of dishonesty comes from
the club rooms of associated Shylocks
who have conspired to make it sixty
Dterest-taker. The whole scheme is a
villainous plot intended to change the
standard of values in the interest of the
creditor classes and force from the in
dustRial nlasses 81 per cent more labor
in the liquidation of debts
Every dollar issued by the United
States Is a hundred-cent dollar It
would be as sensible to talk about a
three-quart gallon as to speak of a dol.
lar containing less than one hundred
cents A dollar is unit used in COM
putting actual value and is established
by law. and not by the quantity or
quality of its material composition II
1T is necessary to put a dollars worth
OF intrinsic value into the material ont
OF which the dollar is made, it then
holds true that every gold dollar now
N pse IS less than thirty -five-cent dol.
lar, for the reason that reliable statis-
tics prove that the average cost of pro-
ducing dollars worth of gold in this
country is less than thirty-fye
cents; and therefore the arOp.
ment so often made that twenty.
hve and eight-tenths grains of
gold is dollar because it cost a dol
lars worth Of labor 20 produce it, falls
to the ground. In fact the whole theory
that every coined dollar should contain
dollars worth of metal is absurd, for
the reason that there is emo way of
determining whether dollar contains
dollars worth of metal except to
measure its actual value by the legal
value OF Itself. or by some other kind
OF dollar whose value is established
ss.>t regulated by law of congress,
and not by ius re-, eel worth as a COM
modify. If God in creating the nrs.
man. Adam. had said, Let us put
mans worth of clay into man." Adam
would never have been created for the
want OF . measure with which to de-