Idaho semi-weekly world., 1893-11-17
THE FINANCIAL QUESTION SET
TIED.


washington independent, Democratic.
1t is only presumption in us to un
dertake to settle the financial ques
tion on account of the fools and in
terested parties in our country who d.
not want it settled. But that will
not prevent us from settling il il
theory to the satisfaction Of all peo
pie Who have any brains At all.
There are only $3,600,000,0OO gold
in the entire world. The silver stock
Is S4,000,000,000. These two make
s7,6Oo,0o0,000 OF available gold and
silver, all told, in this big, wide world
Of ours.
Some people say we have money
enough. To this reply that such per-
sons are either fools, misinformed or
hypocrites. Let them take which
born Of the dilemma they desire. We
say there can bs no imitation with ten
fold the present amount Of gold and
silver. The United States can use
all in the world to good advantage
and there would be no imitation then.
Our position is that there can be no
imitation until there is circulating me.
dium enough in country to pay It's
debts and meet its obligations. No
person OF sense will undertake to
gainsay or dispute this self-evident
proposition.
Now lot us see what the people Of
this country need to pay their debts
and meet their obligations. Tho real
estate mortgage debt on the farms of
this country is t4,500,000,O0O. Our
national debt is $550,0O0,OoO. The
private indebtedness Of the people Of
the country is t20,000,000,ooo, tho
railroad debt above assets is $4,000.
100000 and tho overdrafts of all
banks amount to t4,500,000,00o and
the aggregate debts OF individual
States is $50 per capita.
1t will be seen that il would re-.
qulrs q train Of cars consisting OF
o6,ol5 Of twenty tons capacity to
move such an enormous amount Of
money in silver and the train to car.
ry it would be 425 miles long. In
gold 1t would take $500 cars of
twenty tons capacity to move it.
And this amount Of money has to be
dug from the soil and the products
OF the farmer are the basis of this
enormous wealth.
Thus you see this $35,s5o,ooO,ooo
would leave us short In the Unitsd
States $2s,250,o00,O0o il W. had all
the gold and silver stock OF the world.
1t is insanity to say this country has
VI where she should have 5000 to do
her enormous business and nav her
'oo's' ohhi such time as our money
IS increased in some way there will ,
be dearth and famine of currency {
that will continue stagnation and de. !,
preston in business and low prices }
'or tho products of labor until thew ,
get into the hands of middlemen who 4
VIII continue their exorbitaut prices d
int'l the life is almost gone out of t
he consumer. "a 7
ms paper desires to be fair in all il
Is arguments and what it maintains
. correct principles underlying the
,rea' ieverage-m money--of trade in
ms country, The figures brought
us show the people to be indebted
0 the amount of 1869 to every inhab. .
'ant on q basis of 63,00o,o0o people i
this country. These are ALARMING D
cures and do not take into the .o. is
cunt what people owe in store bills
I'd other debts created the present &
ear. As a people we are bankrupt "
na VIII continue to be so until such y
me as we become slaves to land. m
'rds and those who loan tho little dc
nos OF money now in circulation. in
we are no alarmist, but these are fa
aueal times and the country is fo
noulderlng over a volcano which sa
III erupt and beloh forth her de. -
uring flames that will run down the
los OF the mountains of Discomfort
a overflow our beautiful land and
''as'ate 1t OF its beautiful fruit.ge
anticipated prosperity unle,. the
administration arise
AXE of her lsthargy and throw the
ke of bondage now CALLING the
CHS OF the peopla at ,ba faa, ~