The Goodland republic. [volume] (Goodland, Kan.) 1891-1907, 1893-09-08
A FLOOD OF SILVER.

4 FLOOD OE SlLF Elk.
During a debate in the United States SEN
ate few days ago, Senator Teller was in
terrupted by Senator Gray of Delaware,
who asked why it was that an American dol
lar, which contains less silver, is worth more
in Old Mexico than the Mexican dollar.
The object of the question seemed to be
to show that the real reason was because a
silver dollar could be exchanged in this
country for gold coin. And so far as that
view of the question goes, Senator Teller an
swered him satisfact oriIy But he might
have gone much further. There is no pro-
vision of law that authorizes gold to be ex-
changed for silver or vice versa. Gold, sill
yer and paper are legal tender, all possessing
equal purchasing power, made so by law
The Mexican silver dollar possesses simply
its bullion value.
The flood of silver which the agents of
Rothschilds talk SO much about would &C.
cur, were the minis of this country thrown
open to free coinage of silver, but it would
prove blessing instead of a calamity
There would not likely be any more Mexi-
can dollars coined and no 65-cent dollars
could be found anywhere. Old Mexico and
South and Central Americas would send
their silver to the United States to be coined
and the Mexican dollar, instead of being
worth IS cents, would DE worth 100 cents.
With this silver the people of those coun-
tries would buy goods in the United States
instead of going to Europe for them. 1t
seems strange that the merchants and manu-
facturers of this country do not see this.
The trouble with the business men of this
country is that they allow their bankers to
do their thinking for them and if one were
to judge of the intelligence of the average
banker by the interviews we see from them
in the metropolitan journals east. we would
imagine that they needed some 1O-year-eld
schoolboy to do their thinking for them.
Their views on the financial question are
the veriest rot. They are made up by the
Jews of the Old World, who do the thinking
for the bankers of this country, and these
views, supposed to be those of the bankers
of this country, control public sentiment
throughout the east, and that is the way the
United States is governed. The American
people should do their own thinking, and
not take for granted the views of the shv
locks of Europe, expressed thro ugh their
mouth piece, the bankers of this country,
and given to the public through the great
metropolitan dailies, all owned, controlled
and subsidized by those same Jew bankers
of the Old World.
The full RECOMMENDATION of silver in this
country would force England and Germany
to follow suit in less than six months, and
they know it. All silver producing countries
would coin their silver where it would COM
mand the greatest purchasing power, and
they would therefore be compelled to come
to the United States, for the reason that
with free coinage r othschilds would not be
able to purchase foreign silver and coin it
into rupees in India and give it Il purchas
ing power of $1.37. He would have to pay
81 20 in this or any other silver producing
country. That of itself would destroy the
cotton, wheat and corn industry of India.
Ii would enhance the value of products in
this country 81 ,250,0OO,00 1t would in
crease our trade relations with foreign
countries to the extent of the silver they
produced. 1t would enable our merch ants
and manufactures to dispose of their goods,
wares and merchandise, in excess of what
they know sell, to the extent of the silver
produced in other countries, and also to the
extent of the increase in value of the farm
products in the United States. 1t is not like
" that the farmer and planter will spend the
entire value of their crops, but thew would
spend very large proportion. Il is there
fore safe to say that the trade in this coun
try would be increased in volume at least
81, 800, 100000. That is the trade of Old Next
co and South and Central Americas, and
the increase of trade in this country.
The low price of silver forces the farm
products to point below the cost of pro-
duction, therefore the farmer has very little
to buy with, but if the value of his crops
were doubled, he would buy more than
double what he now buys.
Lest our friends, the enemy, should again
start the cry that this country will be flood
ed with silver, will say that the entire pro-
duct of silver in the world would not form a
basis for circulating medium for the in
crease in population in this country. Say to
your member of congress that the bankers
of the Old World and this country have run
congress long enough, wholly in their own
interests, that you now demand some
American legislation in the interests of the
whole people.