The Waco evening news. [volume] (Waco, Tex.) 1891-1894, 1893-08-12
History Of the Downfall Of
the White Metal.
sII,EH MONEY MUST Be REINSTATED
One Of the Leading Demands OF the Ma.
tiOnal Grange.


Il
state Grange in session on the
10th. at Franklin, was by that
body unanimously adopted
- the worthy Master and Memb rs Of the
Texas State Grange;
Your special committee to whom
vas referred that portion of the
worthy masters address touching
the grange AID politics. beg leave
to report;
We congratulate the State Grange
that it's master has boldly attacked
the greatest political enemy of the
neople, to wit: The financial man
ipulator in league with the flexible
politician. The following state
ment of the worthy master is here
quoted in order to emphasize its
truth and importance: "We have
the humorous-grimly humorous,
it is true-spectacle of party re-
Gently elevated to power, as claimed
by its leaders, upon the one issue
Of tariff, while those leaders are
now yoluminously absorbed upon an
issue which the farmers have for
years been endeavoring to bring to
the front.
OF course this allusicn is to our
finances in their relation to silver.
We cannot escape the conviction
that the leading politicians of the
country in the campaign antedating
the last national election purposely
endeavored to mislead the people,
for it would be indeed a sad COM
mentary upon their alleged states.
manship to assume that such politi-
clans were utterly ignorant of tinan-
| dal history. The National Grange,
this body we'll knows, has been
dsmanding the free coinage of sill
yer and its reinstatement as money
equal with gold ever since an inter
national war made upon the metal
by the creditor nations and financial
tricksters resulted in the corrupt
action in 1873 by an American
congress that demonetz I'D silver.
In this demand the National Grange
has been followed by every other
tanners organization and every
other labor organic alton in the
United SAFES. In the face Of
these demands, in the face of
the well. known fact that sill
yer has been degraded by
International trickery ard has in nc
sense been affected by the relative
supply of the two metals, we are
today confronted with the spectacle
Of the money lending nations, cor
porations and people aided and
abetted by corporation politicians,
acorrupt press and the president OF
the United States, together with his
cabinet, pursuing policy, the de-
liberate and corrupt intent of which
isto double every debt owed, double
the almost unbearable interest bur-
dsns now carried by our people, and
double the already fabulous wealth
Of the money lending men, corpora
tons and nations of the earth.
That this may appear more plain
and that our plain people may have
facts with which to meet the falla'
oles of willy politicians in
their effort to hoodwink the
people in the interest OF
combined capital, we give some
data to prove that the present wal
upon silver is an international con
ssplracy solely. Statistics furnished
In the essay of Mr.. K 0. Leech,
ex'mine director, on the fall of ell
yer and its causes, prove that from
1857 to the end of the eighteenth
century the metals did not materl
any change in their ratio of value
mat from the beginning of the
nineteenth century to the demone
usation of silver by Germany il
1873, the relative value of tn
metals We're even more uniform
IN word Mr.. Leech shows that 70
the entire period of which we hay
any authentic financial record,
period covering two centuries, tn
commercial values of the metal
lave been practically maintained a
.He ratio of to Is aud fraction
n1ualtional statistics prove that fror
''0o to 1872 the ratio RENAME