Democratic Northwest and Henry County news. [volume] (Napoleon, O. [Ohio]) 1894-1905, 1894-06-21
The White Metal.

error OF their ways, Dg dtlNoSdlAhS
the restoration Of silver to its old po-
sition as a money metal. But their
change of heart is not sincere; they
are only acting a part in order to re-
gain power. The people are on to
them, for they are too well informed
upon the silver question to be mislead
as to who are the friends of the white
metal. When such men as John Sher-
man can endorse a silver plank in the
platform of his party, it is high time
for the people to be upon their guard.
John Sherman, the father of demone-
tization of silver. who had almost the
solid backing of his party in his ne
farious work in debasing silver, which
has accomplished that for which it
was intended-the building up of a
monied aristocracy in this country,
having for its foundation gold and
bonds.
The Republican party of Ohio, in
advocating free silver, is simply fool
ing the people. The true advocates
of silver are the Democrats, who gave
1.-The dollar of the daddies" to the
people and who have always guarded
it as the money of the people. To
them has been delegated the power
to restore silver to its proper sphere,
and the Democratic party would not
be true to itself if it would prove rec
reant to its trust. This the good
old party is not going to be. Silver
will be remonetized and the Demo
Gratis will do it.
There is only one way to restore
silver to it's old position as a money
metal and that is by free coinage at
the ratio sixteen to one. Purchasing
silver and issuing paper on it will not
do, as the so called Bland and Sher-
man acts have conclusively shown.
| What is wanted is to take silver out
of the market as commodity and
place it among the money metals.
This can alone be done by free coin
age at the old ratio which will restore
| it to it's old value of $1.294 an ounce.
For when the government gives the
holder of silver bullion the option of
having it coined at the old rate, that
will fix the price in the markets and
none can be bought for less money
for any other purpose. The gold bugs
object to this by saying that the sill
yer miners would reap the sole bene-
fits. This is a flimsy subterfuge. AS
is well known, England uses our
cheap silver to break down the values
of our wheat and cotton and so long
as we aid her by denying to silver its
old place of free coinage we work
against the best interests of her in
dustrial classes. While the free coin
age of silver would increase it's price
and help the silver producers, it
would in ten fold degree help the
wheat and cotton growers and they
in their turn, by increasing their pur-
chasing power, add prosperity to the
manufacturer, merchant and laborer
1t matters little as to the quality
that may be coined but it does at the
ratio which may be fixed. To coin
silver at it's present depressed value
would be no relief in the restoration
of prices for it could still be used by
the single gold standard countries to
keep down prices of products. The
declaration of the United States that
it would accept all silver presented
and coin it into dollars of 374 grains
fine, for those who presented the sill
yer bullion, would fix it's price at ST.
294. And the simple declaration that
the government would treat it on an
equality with gold would place it
where it was before the law of 1873
which took from it four-fifths of it's
value.
The Republican trap has been set,
baited with free silver The vacillating
may nibble at the bait, but, when
the trap goes off the game will be
minus, and the people will leave John
Sherman and the Republican party
holding the bag!