People's party paper. [volume] (Atlanta, Ga.) 1891-1898, 1893-03-03
THE SILVER QUESTION.
NUMBER FoUR.

dFed years 1t made the CLAIM good.
Under the acts of 1874 its coin
age was stopped entirely, and for
many years she people saw very little
Silver. Greenbacks and Bank paper
were the common currency.
Then came the Bland act of 1873,
coming 100000 per month. AS
soon as this was put in operation the
money market grew easier, and silver
dollars circulated freely.
Later on came the attempt to stop
the ooining Of the Silver. John
Sherman's law of 1890 provided that
100000 ounces per month should
he bought, but the Secretary OF the
Treasury was not bound to coin it.
AS matter of fact they have piled
the bulhon up in the Treasury vaults
just az you would store cotton, and
they have issued Certificates Of De-
post on it. These Silver certificates
represent the Silver itself, and they
furnish the bulk Of the money with
which business men transact the
ordinary traffic Of today,
Why was John Sherman's law de-
nounoed as a fraud and a Makeshift?
/. Because it limited the amount
of Silver to 100000 ounces per
month, instesd Of receiving all that
was offered just as gold was
treated.
9. Because il stored the Commo-
disy n q warehouse and issued GER
tidoates On il instead OF coming it up
into actual dollars.
In other words, the Democratic
Bosses denounced the John Sherman
aot because it was not friendly
enough to Silver; because it put
upon the white metal conditions
which we're not imposed upon the
yellow.
What were the Democrats pre-
tending to desire last February and
last July?
70 pass on act more friendly to
S3Iueg than abe John Sherman Lam
What are they now trying to do?
TO pass on oct less friendly to
lSi5yor than the John Sherman Laao.
These Bosses think the people
have no mem@y, no sense and no
resentment.
When the democratic National
Convention denounced the John
Sherman act at Chicago, the country
understood that they demanded a
friendlier law. Upon that claim
they went before the people.
But the elections are now over,
the people elpless-therefore the
Bosses can afford to carry out their
secret understanding with the Bank
ers of Wall street.
The John Sherman act is no longer
a fraud because it is too hostile to
Silver, but is a fraud because it is
too friendly.
Before the election the purchase
Of 100000 ounces per month was
too barrow limit. After the cleo
ton it is too wide.
Before the election we clamored
for the removal of this limit so that
we could csin sI8,Q00,0O0 more, and
thus add so cents per capita to the
currency,
After the election we are asked to
strike out half the benefits of the
sherman Law and to rest content
with about half the silver money that
ACT gaYe us.
Before the election we demanded
expansion: more money; more silver
than the Sherman Law allowed.
Since the. election we must take
contraction; less money; less silver
than the Sherman Law allows.
This policy is thoroughly consist
ent with the confidence game which
the Bosses have played upon the
people throughout.
Last Summer, for instance, our
risky old Gideonite, Lothario F.
Livingston, almost howled the false
teeth ont of his mouth demanding
more Silver money than we were
then getting under the Sherman Act.
No1g he snaaks around Washington
to Mansion House Cauouses, at Car
isles elegant Ntsusien, connecting
willy schemes by which the people
viii be allowed only half the silver
money they now get under the Sher-
man ACT.