The Lamar register., 1893-02-18
SILVER AND WHEAT.
several Very simple but Very Plain arru.
mcnts tor tho Free Coinage
of Ailvrr

OF silver.
The following article appeared in
the Rural Nep Yorker on January i.
IN series entitled "Silver and
heat, q discussion participated in
py the lecturer Of the national grange.
Senator PETER of Kansas, ex- Governor
Luce OF Michigan and other leading
thinkers on all sides of the question.
hy and how would the free coin
rye OF silver be Of benefit to farmers2"
and therefore to all our people; for
,he oeneht OF agriculture means the
benefit of the nation. Agriculture is
thafoundation of all our prosperity.
first-Beeause all debts-personal.
local, state and national-could be
PAID In the money Of contract: eonsti-
tutional money of the United States.
Our mortgages, railroad, state and
national bonds and other debt ''secur
tiles are held at home and abroad to
the extent OF thousands of millions of
dollars.
Lincoln said: 'If government
makes debt with a certain amount of
money in circulation, and then con-
tracts the money volume before the
debt Is paid. it is the most heinous
crime government can commit against
people.
The decentralization Of silver-neyer
asked for by the people-secretIy
destroyed half Of the money basis Of
the republic, in use for nearly hun
ircd years.
Scarce potatoes and apples this year
make dear potatoes and apples
Scarce money makes dear money.
Ii takes moro than twice As much
farm products TO buy a scarce, dear
dollar now, as it did before silver
was dcmoneiized. Thus all debts are
more than doubled. and the crime
Of Lincoln is committed
And more yet. Those who hold the
mortgages and other securities can
use the scarce, dear dollars, paid them
in interest and principal, in buying
twice as much
Demonetiring silver doubled the
debts Of the people and Of the nation,
and doubled the wealth Cor purchasing
power Of those who hold the 'secur-
tiles.
II all the debts. interest. taxes, etc,
bad come down one-half when farm
I products went down one-half, then all
would have Jared alike, and It would
not have been a crime
True 1t is that dollar win nov
purchase moro than ever before But
/ it will not pay more debts than ever
before Farmers know that the rich
mans dollar will buy twice as much
wheat, beef, pork, and also twice as
much of his farm as before the demon
ctiEaiion OF silver. and they also know
that 1t takes twice as much beef. pork
and land to get that same dollar TO pay
| on their debts; whether it be per
sonal mortgage, or the local, county,
state and national bonds, which are a
mortgage on Us all.
Therefore. free coinage Of silver
will undo the crime (but, alas, not
ali its sad effccts) and place the debt
paving power Of the dollar once more
on an equality with its purchasing
power, as they were from 1892 to
is73
We must have money for the mil,
lion as well a. for the millionaire.
Second England is not an acricul-
tural, but 4 great manufacturing and
| commercial nation. She wants cheap
food for her workmen. and cheap raw
materials for her factories.
II she can get cheap food and cheap
raw materials and can break down the
protection other countries have for
their people, she eau control the world
in manufactures and in commerce.
England demonetized silver in Eng
land for y. OOO, 600 OF her people Gn
Enrland). but left free coinage of sill
yer in her India for 2i0, O00, 900 Of her
people. then she fooled some OF our
statesmen into demonetizing silver in
the United States.
What fixes the price Of all our wheat,
cotton and other products OF which we
have a surplus? Liverpool prices.
What fixes Liverpool prices OF wheat
and cotton? India prices OF wheat
and cotton.
What fixes the prices OF India wheat
and cotton in Liverpool The price
Of silver bullion.
The United States furnishes about
half Of the silver bullion which IS used
by four-frths of the people OF the
world as money to-day.
What fixes the price of our silver
bullion? Demouetizing gives 1t one
price. Free coinage gives 1t another
price.
Congress secretly passes a law that
mules (silver) shall never again be used
=; Laruass Mules are demonctlZed