The Caucasian. (Clinton, N.C.) 188?-1913, 1893-11-23

niHN+A%s DbAAAAR anu A@Sf -
owf4sd and controlled .; the great
eenrers of credit. Their owners
would have them measured by the
gold standard Why. because thu
failing supply % that metal aud at
increased use caused by the d-monl-
tILatIOn OF silver has raised ats price,
a. compared with silver and other
staple commodities. The internA-
tional conference places the appre-
citation Of gold al - per cert per
annuIu. The holders 81 these 80
curlile> find after twenty years thy
have appreciated 10 per cent. Tn :
know that debts are not paid with
money but with commodities that
perish in the using. They ku""
that industry pays all debts OF every
kind. and from necessity must pay
IN the products Of Industry-thls Is
true throughout the whole system OF
commerce whether at home or
abroad If the money measure APP
preciates a. gold has done the price
of the abor product Gepreclatea cor
respondingly. And now We are told
IN Iowa by both parties that We
want dollar of high purchasing
power. Stated IN plain English this
means dollar that will buy two
bushels OF wheat instead of one. four
bushels Of corn instead Of two, fifty
pounds of beef instead of twenty
five, two days labor instead of one.
DO YOU believe If! Iowa is as exclu-
state III the union. The prosperity
IF all classes stands absolutely upon
surplus farm products that 60 out OF
the state. From the proceeds all
our people are sustained. The mer-
chant and professional classes are
as much Interested as other peopl, ,
they have share, arightful. mono
able share in the proceeds.
HOW Iowa IS INTERESTED.
But Iowa is il debt $500, 600 900.
The annual interest and ultimately
the principal must be paid with
these products. In addition To this
the fictitious railroad capital puts
upon US an annual burden of $40
600, 900. What is the interest of
Iowa people III the premises! For
twenty years the surplus products
have gradually found Il lower level.
Silver as a commodity has shared
the common fate. 1t has kept an
even pace with all other things eX-
cept one. 1t Will exchange for as
much Of the twenty leading com
modities, which industry sells to pay
debts, as it would before it was de-
monetized twenty years ago. But
gold will exchapg for 10 per cent
more than it would twenty years
ago. What is the reasonable con
clusion? Has silver gone down OF
gold gone up? But the highest au-
thority in the world has told us that
gold has gone ub 40 pei cent in
twenty years.
If this be true, which is the honest
dollar, the one that measures time
contracts equitably or the one that
compels the debtor to pay 40 pei
cent more than the contract. Can
an honest man lose his way in the
road as straight as this? What ex-
cuse or apology is offered by those
we have been intrusted with the man
agement of pub ic affairs? What rem.
edy is proposed by old party leaders?
Aredcution Of taxes? oh no, That
solemn promise of democracy re-
treats like mirage on the desert.
They squandered 2O,OO0,0O0 more
in the first year Of their power than
the republicans. Do either propose an
increase in the volume of money? BY
no means. Their claim is that there
is too much money already and not
enough confidence. They are try
ing to destroy silver as money III
order to strengthen confidence
Confidence is what? Confidence III
this infamous system of inflated
credit that proposes to load industry
with the burden of an unjust and pre-
petual debt.
THE VOTERS DUTY.
Fellow citizens, the danger thai
now threatens republican govern
ment lies in the apathy Of the voter
as an independent citizen, He neg.
lects or refuses to use his own Judge
ment. He falls into the dangerous
habit of accepting whatever the
party boss offers without question
He drops into his place like cog
into a wheel. He becomes a mere
automation. The machine turn.
him round, rolls him over and drops
his ballot IN the box with the regu
larity of the returning seasons. l
does not matter what the question
may be he votes the brand. The
political doctor of the democratic
and republican school come to these
great questions along the road o
traditions and the animosities o
past contests.
(TO BE Confined NEXT NEEk.)