The Southern herald., 1894-08-17


Ite uln stc eenm e. ~
pla-s 90 ihs dsaa e. zizhs aaa steals
yulf holss SEA cumnaa saisi. IheI
next marning you get up sd fnd-
ing that your horse Is stolen, lhe
naighbar Goa l. aroused aad som =
posse Is On the thirfs Track II &
number 81 horses are stolen 10 The
ssme communily Knhin 8 limited
space Of time. yau oFgsnizr q
vigilanre committee. lskine 10
Democrats, taking IN R-p1hlie
ans and Pupulisis alike. fH The
main thing is 10 save your pr,peris
and you sink al paFiissn feelings
in that one object. This Is exacily
right and il shows good buinsss
sense. Now I have on my fsrm
sixteen head of horses. Eighteen
months ago these horses would
have been worth az a fair valuation
not less than sl.4O0. Today ]
would be glad 10 grt $1,000 FOR
them and viii give 80 to any man
who viii send me a buyer At that
figure. Nov If some thief had
stolen Eve Of those horses he would
not have hurt me worse than ] am
hurt. Ifsuch had been the case l
epuld have got every man in the
county, Unnecessary. TO have helped
me catch the thief and punish him
AS it is, ! know who the thief is.
and where he is, but some Of my
own neighbors went help catch
aud punish him. How is this. you
ssk2-I viii tell you. Every writer
on political economy agrees that
the value Of money IS compared
with property depends upon the
value If money in circulation.
That is increase the volume Of
money and you increase prices in
the same ratio. Decrease the vol.
ume Of money and you decrease
prices in the same ratio. In other
words money is subject to the same
law as anything else which the hui
man family usss. When il il plen.
~ it is cheap and you don't have
to part with so much property To
obtain il. But when it is scarce il
is dear and hard TO get (llke it is
now and you have to part with
more property to obtain it. You
understand this rule. Now while
we can trade cotton and cattle for
groceries and dry goods and make
other exchanges Of property, We
are compelled to have money for
two things, First to pay taxes,
Second, to pay debts. You can't
legally pay either of these in prop.
erty. The law compels you to
have the money to pay them. The
law alone can make money. The
law can make it scarce or the law
can make it plenty.
Now coming back TO my own
case, | owe about 81 300 Eigh-
teen months ago my sixteen head
Of horses would have brought me
money enough to have paid thr
debt and left me- s1O0. A common
thief steps in and steals five head
uf these horses which only leaves
me 81 600 worth, or $500 less than
enough to pay the debt. What
should do with the thiei2 Shoot
him or hang him, you say. Bu,
no it Is not that way. An uncom-
mon thief passes a law dtmonetiz-
ing silver, making money scarce
and hard To get so that prices are
low and / can now only get 81 ,00C
for my sixteen head Of nurses.
The result Of the raid made By
the common thief and the uncom
mon thief is the same. am rob
bed Of $400, or nearly onethird o
the value Of my property Wha
shall do with the uncommor
thief Some ofmy neighbors say
vote for him, and some Of then
are going to do so. I am not iha
big a fool. This is no hypothetica
or imaginary case. I have got tn,
nurses. / owe the debt. | feel lh,
loss. am instructed by ever,
writer on political economy wha
caused it. The Republican anc
Democratic parties demoniiEed ell
yer and made money scarce ant
hard to get. They are the uncom
mon thieves who stole my horses
they were common thieves ml
neighbors would help me ham
lhem As it is they want TO returl
them 10 a position where they cal
/ IL - oc..... ,..cso IL L. II -. :.