The DeLamar nugget. [volume] (DeLamar, Idaho) 1891-1900, 1893-07-15
England's Last Gard.


The closing OF The 1infs in India TO
silver coinage on private account, which
has been prrcipitated by the British
government as means Of checking
The bi-mstsIlic movement, will proba-
bly, sharten the time thai separates u
| from the full restoration Of silver to It's
monetary rights. rs inm rdlate effect
will lie to further enhance gold by in
creasing be demand for 1t. Ttis will
he to the addtionst advantage of those
ho deal In money and at the expense
Of producers and hoss " ho are involved
in debt. Al gold gors mp, the products
of labor and ultimately The wages paid
10 abar mus, inevitably 20 down.
Even before This action of the India
council the appreciation OF gold had lew
elrd general prices to mark lower than
| had been touched for hfiy yeara, and
npnn some staple products lower lhan
had been scored for century.
Viewing the m ,ttrr in comprehen-
hi'c eeneet tHc biVW cbBia"u ka'S oi'Nei
yesterday is an injury to all ciAsses Of
people in the civilized world, because in
the long run there must be an equitable
balancing of accounts. Upon more SUI
pnricisl view 1t has the appearances of
beueittinY sbont two per cent OF the
population oftbe United States at the
expense Of the other 98 per cent. How
long will The disirihntiqn Of benefits in
that proportion he likely 10 las, ?
The growth Of be- m. tallic senti-
ment in England called for radical
measure from The gold moDopolists and
II has come. Contraction, the assured
result of silver demonrlization by Eu-
rope and the United States, has curshed
English agriculture, and Archbishop
Walsh says it has destroyed the profits
Of Irish agriculture. Il has scaled dow n
the wages of nearly all classes OF labor
in England and caused dangerous un-
dercnrrent of disciiutrnt. The farmers
of England aud the organiz,d labor, as
Neil as luTlltuhDi6. D'u3 IA uitICHdites
are now avo~eJ bi-mrtaIlists. The
British bi-metallic association has one
hundred vice presidents in parliament
aud test vote in that body last winter
showed I48 ndheranis, which would
have been 100, but that the Irish mem
hers were deferred from voting their
convictions through fear of hszardipg
home rule.
The free coinage movement thus
gathering force in England, combined
With the assault the, gold syndicate lis
pr, pairing to make in the United Ssa'e's
congress, was the incentive 10 yester-
days daring action hy the British In-
iia council 1t was England's last card
against silver and her final effmt to
fnsten the cnrse OF her thltss financial
policy on the worll-a policy that has
distinguished her among civilized ma
lions for the measure Of al jet pauper-
ism and wrttchelntss she has fostrred
The restoration of silver as money oi
redemption is requisite to industrial
conditions without which there can be
no r. 81 or secnrly for the nations. The
,iictalion of he worlds finances by u.s.
nrpis cannot last long We are nearer
indnstfial emancipation torday than
eyer before. There is nothing in the
news from England 10 discourage tie
silver cause nr TO dishesrten the mili-
ions of American producers who have
long suffered from the grinding exae
tions of the money. power. The vindic-
tive blow struck by England will short
en- The path that leads to victory Den
yer News.