The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1893-09-19

GOLD VS.. SILVER
THE DEBATE IN CONGRESS-
Harry Hinton Hears a Financial Discus
sion in Congress ,--Mr. Boomerang
and John Sherman.

monetization of silver being under CON
sideration, the fight begins Mr.. Boom
erang speaks:
Il am IN favor of striking down sill
yer as money metal. Those silver
mines out West want to rob the peo-
pie by selling them silver at 81. 80 an
ounce that is worth but IS cents"
John Trueman,- Eighty five cents
in what?"
Boomerang Eighty five cents in
gold"
John Trueman. Maybe the price
! Of gold has changed and silver has re-
manned stable. That the silver dollar
is still a hund ed cents and the gold
dollar one hundred and thirtJ ave
cents. Why not count it that way a
little2"
Jack Codf5h.-'The gold dollar is
the dollar. Your silver dollar is q dis
honest dollar-a cheap dollar-a ras-
cally dollar. Who is going to count by
such dollar9 Our gold dollar is the
rich gentleman's dollar. Silver is fit
for nobody but poor mCn."
Jim Emerson Look here, Mr..
Goldfish, are you not disgracing the
subject somewhat2 Will not the silver
dollar buy as much Of the products of
the farm, forge and factory as it would
thirty years ago9 Which dollar has
changed, Mr.. COdfish9"
Jack Codfsh.-'R Ruin and destruc-
ti0n are staring US in the face, all
caused by the silver dollar. Down
with the silver. Up with the gold.
We owe dividends and interests on
near six thousand millions abroad
Shall we not act the gentleman and
pay them in honest money!"
Jim Jimerson.- 135 to 200 cent
dollars"
Jack Codfsh.-"We owe twenty
thousand million at home. Shall we
be so thievish as not to pay them in
gold when gold is AZ cents of more
value than silver in the dolIAr2'
John Trueman.-''The silver dollar,
in respect to its bullion, will buy as
much as ever in the products of the
country. Who are the rogues, and
who are the gentlemen3 Those who
want more than the value Of their
original debts or these who are willing
to pay the same value2"
Boomerang. Mr.. Speaker The dis
cussion of this question is not taking
the proper shape. 1t is the repeal of
the Sherman law which is under dis
cussion. That law which has brought
such ruin and destruction to the coun
try. We are not talking about the
comparative intrinsic value Of silver
and gold"
Jim Emerson. = The gentleman
wants to hide. Watch him dodging."
Jack Codfsh.-"I stand here to-day
to defend the honor and integrity of
this nation. Shall we not pay our
debts in gold, the commercial money
of the world, and stop making silver
money now at discOunt2"
John Truemon,-"And double the
intrinsic value of the gold dollar, and
thus rob the people Of half their earn
ings2"
Van During. .-"AlI this discussion is
off the track. The honor of the great
American nation must be sustained at
all hazards. Look at Great Britain,
the queen Of the world and the mistress
of the seas. The sun never sets on her
dominions. Along the pathway of the
sun in its daily circuit around the
world, nations bow humbly at her feet
She has the gold standard. Shall
America be more picaunish than she?
Shall America pay her debts in dishon-
est silver dollars while Britain pays
hers in gold sovereigns? Away with
such a disgraceful proposition. No
prouder flag floats over land and sea
than the stars and stripes. All hail to
Columbia's hosts in their triumph
marking. Go to now; go tell the
American people that it is damnable
lie that the silver dollar has always
been a hundred cent dollar-that the
gold dollar has been a hundred and
ten to hundred and forty cent dollar.
Shamelessness is no name for such de-
ception. Down with silver! Down
with the Sherman law! Up with gold
All, precious goldl Whose ring makes
the palms of nations itch. Upon the
proud pedestal of this nations honor
we shall place the yellow god, and ac-
cursed be he who tries to drag her
down. feel, Mr., Speaker, I feel the
Importance of the occasion and the
dire consequences of a misstep once