The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1893-08-30


Go depress, 70 cause to shrink-Web
ster9 Now the next thing Ia. what ID
money! ca representative Of com
modities Of all kinds, Of lands-Web
ster.l The next thing Ia, what is val
uesf Let us take the Honest Money
Bayard for 1t. values are the result
OF labor. as values are only created by
labor.) What 10 representative
Chat by which anything is exhibited
or shown-Webster.) Now, Mr.. Editor
with your consent. we will try to re
move the veil that financial jugg lerf
have thrown over the exchange oil
commodities, the products OF labor
or in tho language OF the eminent
statesman (Bayard) values. IL the
value Is already there, where is the
sense OF having a repres entativs
there? Is not the representative d
useless appendage In that case?
The talk of the intrinsic value oil
money by political jugglers Is as
silly as they deem the audience they
talk to. IL 1t were possible.
what does the wealth producer want
with itP Only to exchange 1t for the
production OF each other. Those who
want to swap (exchange) dollars mus
have some object In 1t, must derive
some benefit by 1t. and that must bt
at the expense Of the producers o.
values Cabor.)
: Then they become money changers
and does that eminent statesman
know the fate of the money changers
OF old at the hands OF Jesus. or doe:
he consider 1t like tho Declar alton o.
Independence. only to be used fol
Fourth Of July orations? The mass
or wealth producers are busily en-
gagged In production. and do not take
the time to study the problem of dis
tribution, and those who claim tt
have mastered the subject, find Il
more profitable TO mystify 1t witt
high sounding. meaningless Ian
guage. to deceive them for the beuetil
OF money changers (usurer.)
And II any one does have the time
and ability, and the milk of human
kindness, and the spirit OF the Naza
rene teacher In him to solve their sys
tenn OF financial iugglery by which they
rob labor, making millionaire of gam
blers, and paupers of laborers, how
quick they arc denounced as Crank.
and Idiots. as l am now denounced
but even those terms are correct fol
them to use. as we will show. Reader
what Is Crank. us means OF utility
OF power for benefit OF turning some
thing for an honest purpose. Ihs
term idiot, as used in such cases, Il
also proper, as some persons arr
mirrors In which Others see themselves
and in looking at such persons, and
seeing O reflection Of themselves, you
hear them exclaim idiot. Honest
money" Heaven help the expression,
do they not want truthful truth.
AS We have defined money as rep
resentatiye Of values, means Of ex'
change'giving commodities, let ue
ask whose prerOgative Is It to create
this medium OF exchange2 Did this
eminent statesman" ever sec money
that was not made by some govern
menH And what makes 1t money II il
is not tho stamp (tiat) of the govern
ment2 II ho thinks it is the material
OF which 1t is made, let him try max,
ing an eagle Of pure gold. and see II
he would not get in the penltentlary
as quick as II he had used brass oil
iron. Another one of his bubbles Ii
a hundred-cent dollar. See how ii
yanishes in tho light Of reason
What lie o cent? 1t is derived from
the Greek word ''centum." the one
hundredth part. Now how would that
eminent statesman make a dollar
without one hundred cenls2 More oil
his financial jugglery is, IF you had
paper money, (and ! suppose any
other kind lnflammable) and YOU
house would burn down, it would 10
up In smoke, but II 1t was gold oil
silver, you could dig in the ashes and
llnd the metal" What wonderful
discovery for great mind to make.
suppose it was filled with food oil
Clothing, or furniture, things which
every man values higher than gold
where would 1t be ii 1t did not go VI
IN smoke: and suppose an earthquake
Should swallow up England and al
her gold while Mr.. Bayard IL there: Il
might be many years before anybody
would find tho gold, and the world
would lose his valuable service. Is Mr..
Bayard representative with intrinsic
value. OF ia the intrinsic value here In
the sixty-tlve millions OF people he
represen Is? And II all the American
people were there what would be the
use OF linn there as their representa-
tive. Intrinsic value in money Ia an.
other subterfuge to deceive the un,
suspecting. What is the uss OF talk.
ing about such nonsense. il 1t is moi
to deceive, as every man who thinks
at all, knows money only has legal
value.
What Is the yardstIck2 1t 10 fiat, is
thlrty.six Inches; the pound weight, Its
hat is sixteen ounces, it does not mat
ter IL tho yardstick Is made OF gold
wood, paper or brass II the Hat ia there
SO 1t 10 with the dollars II the govern
ment iiat is there. honored by the gov
erment; talk about Intrinsic value. &
bushel OF wheat hae intrinsic value, as
1T contains Just SO much nutriment fol
sustaining life. as much at fifty cents
a bushel as al five dollars; 50 with al
1000, all clio thing, dwellings, ETC.; the
intrinsic value Of an article does
not fluctuate. In the language OF JEFF
ierson gold and silver have no inLrin
SIC value; their value is only in the es
tlmation OF the people. Another ques
uon would like to ask those advo
Gates OF Honest Money" Money O
tho Worid.)
Why Ia 1t that the holders of the hon
est money Will pay 1t away and pay
premium also In gold for our bonds
1t is in order to draw usury and es
cape taxation, and the risks usually
attendant upon productive Industry
why not require the intrinsic value II
tho material of which bonds are made.
The Intrinsic value is sufficient in the
nsury. Labor Is producing for the la
borer ten hours day; six days in Q
week, but usury Is producing for the
usurer twenty-four hours day,
and seven days week. II it if
necessary to have the Intrinsic value
IN the representative, why do we not
all 90 to Congress, what is the use OF
our sending three representatives., and
all the intrinsic value at home. But let
me correct myself.
Senator Gray probably has intrinsic
value, Hs he Is the retained attorney OF
corporations, and l am surprised al
Senator Higgins, az u champion OF
protection, to be advocating none,
OF the world, that is, money to be ex
pended In buying in other parts of the
word. encouraging the products anC
manufactures OF everywhere else
than IN his own government. / die
think that we had no representative In
the lower house of Congress as We
never head OF one there, although
thought We elected one last fall. but
heard a few days ago that Speaker
crisp did appoint some fellow from
Delaware Superintendent of dredging
machines, mud seows and frog ponds
Wilmington, Del.
Valentine and Wan Beans. Mt ]
Smiths. Fpuf-th and Chi nIau q, rnn,z