The representative. [volume] (St. Paul, Minn.) 1893-1901, 1893-07-26
POINTS FOR THE PEOPLE

1t is better to go down in defeat
under the banner of principle than ia
achieve a victory under policy's flag.
The best times this country ever
saw were when there was neither sill
yer or gold in circulation.-Ober
(Kan.) Herald.
Who got Ernest Seyd's $500, 600?
What were the valuable suggestions
he made on the decentralization bill?
Who were they "valuab BILE" to? There
are number of other pertinent ques-
tions we might ask in relation to this
subject-Iowa Farmers Tribune.
There were 2S4 failures having 500,
600 or more liabilities each, with $113,-
600, 600 total liabilities, which represent
an increase of 800 per cent in number
and 900 per cent in aggregate debts.
There were IT'S failed banks with liabil-
tiles of $43, 900, 900, an increase of 900
per cent in number over last year and
more than 800 per cent. in debts
The St. Louis Republic sees in the
stoppage of silver coinage at the Indian
minis sharpening of the debate on the
currency question in all civilized coun-
tries sin this and other countries" it
says, governments may be forced to
choose between silver and an irredeem-
able paper currency. The people can
hardly stand gold standard. Iowa
Farmers Tribune.
James F. Tillman, of Tennessee, for
years connected with the executive
board of the Farmers Alliance, who
flooded the south with ''officiaI' circu-
lars just before election last fall, has
received his reward, an appointment as
register of the treasury. Thus the old
parties place a premium upon treason
while the soul of John Brown goes
marching on.-Nonconformist.
There are some populists who claim
that although nine out of every ten
populists are opposed to both gold and
silver money, good politics dictate that
populists should unite in demanding
the free coinage of silver. 1t would be
well to remember that the surest way
to force the monometallists to terms is
to develop a formidable movement in
favor of the demonstration of both
gold and silver in the United States.
AT least one good result has been
attained by the demonstration of sill
yer in 1878 and the subsequent wrangle
between the mOnOmetallists and the
bimetallists. Both the gold and silver
men have conclusively proved that 70
cents in both the gold and silver dollar
is pure fat. The people will not be
slow to demand that the 80 cents in
metal be discarded and the dollar be of
paper, full legal tender and inconverti-
BILE.
The worlds debt amounts to $780,
600, 100000. There are but seven bill
lions of gold and silver in existence.
Interest on the debt amounts to more
than the worlds annual increase in
wealth. How, then, can the people of
the world expect to free themselves by
paying the debt? The disposition to be
free is growing greater along with an
increasing knowledge of the fact that
by and through the methods now recog-
nized as legal, it is an impossibility.
Mans will is really the law. The
creditor class is but a small per cent.
of the whole. 1t is quite evident that
in the settlement that is not far dis
take precedent over established law, or
revolution prove to be the final court
sitting in equity.-Union Pacific En-
ploye's Magazine.
The last few days have demonstrate
ed that the fight is not really between
gold and silver, but between gold and
any other kind of money The gold
owners are determined that there shall
be no money but gold; that everything
else used in business transactions must
be credit devices for which those who
use them must pay tribute to the gold
owners. This is the fight, and never in
the worlds history was there greater
need for vigilant and untiring effort on
the part of the masses of the people,
We believe sincerely that things more
vital to the general welfare of human
ity are involved in the events of the
next few ,Scnths than were involved
when the shots resounded from Lexing-
ton, or Wien Beauregard's balls re-
bounded from the brave face of Fort
Sumter. - Mount Vernon Qll) Pro
gressive Farmer.
Financial writer's claim that the
present stringency has destroyed hun
dreds of millions of wealth in this
country. 1t should not be forgotten,
however, that the land is all left and
is just as fertile as ever The cattle,
horses and swine have not been de-
stroyed The old wheat on hand and
the new just harvesting are as nu-
tritious as of old. The cotton fiber is
just as strong and the wool is just as
warm as if there were no financial
troubles. The wealth lost is in the esti-
nation of values and in the destruction
of credit values. The man who is out
of debt, who don't want to sell his
land and is in no hurry to dispose OF
his produce is just as wealthy as ever.
Wall streets effort to scare the country
into acquiescence in her schemes has
resulted more disastrously to the
wealth represented by Wall street in.
terests than to any other property
Kansas Farmer.
Gold men, and silver men, too, have
great deal to say about money OF
ultimate redemption. We advise the