The Emmett index. [volume] (Emmett, Idaho) 1893-1925, 1894-01-06

70 tho People Of the United States
by The American Bimetallic
League

Tho conspiracy Of powerful money
combination TO overthrow ille ancient
standard OF gold and silver aud csfsb-
lish The single standard Of gold, begun /
Ia 1873 has been finally consunmated |
by ma olosns VI the minis Of Inda, and /
the unconditional repeal of the silver
purcha,r iaw Of 1890, Ia the United
States fh. last act has been elected, /
mol unl, against the intercsl.of the Frent
maes ol lho people OF this country, but
10 Is bon~rd agnln,f the VIII uf 70 vast
maio,il, % lhe whole people.
lne purpose io overthrow the consti-
tutional standard of money In the United
States by eliminating silver WAS CON
ccalrd in the election of year ago by
plauhs in The platforms of the two lead
ing ps,iie, declaring for the couiinusd
use of SILVER as standard money with
the coinage Of both metals without dis
criminntinn against either II was more
over r,ef, where proclaimed thal The
mrn. and NOT silver, was the is,,o before
the pooplr but gs soou as the election
was ovoi c>rrN other question wa. thrust
aside and tn extra session nt Congress
called lo register the decree of the gold
combination that had raised hundreds Of
thorsands sod dollars 10 nominate. and
million. 90 elect President on whom
the, could f,iS 10 use am iho power OF
the administration 20 .-curc tine over
throw of silver Through che power of
patronage on the inside and the power
Of organized capital. with the aid of the
metropolitan press. which 10 controls.
on the outside. the work has been accom-
plished A financial panic was precipi-
lated as an object lesson To help create
n public sentiment in favor, not OF the
continued ascof sil,eras standard money
AS had been pledged In their platforms.
but Tor the repeal of the only law 10y
which silver metal could be utilized at
( on o. money Thus has silver been slain
in the house OF It's friends. claim more
illogical could not boz made than Tint
/ the addition OF FROM thrc, go four mil
lions of dollars of standard mono, to
our volume ot currency monthly, pro-
ducsd money suinecncy and brought ON
a panic Tho bottom cause of the panic
was tho shrinhore ia prices necessary 10
conform 10 tho single gold standard, and
"a, necessary consequence of the rsiah-
/ lishmont of this standard must be- after
a possible temporary expansion of mere
credit, a sum further and more rapid
rise Of gold and corresponding fall in
prices
There is no possible way to retaiu gold
iu this couuir, hui io bring prices down
to lh' level of price, in other countries.
so that gold viii tend towards and not
from Che United States Prices therefore,
must seal, down aud debts scale up as
gold rises ia value An products OF labor
must lail and eventually wages Of labor
must 40 down also rhis is inevitable
with a single gold siaudad
The idea that by selling bond, and
accommodating D. arg gold reserve. as
large 70 volume of currency convertible
into gold as may ae desired can ho main
tanned nrer than our disuihuD,e share
OF chs worlds money or gold basi,
no statesman with O. reputation lr lose
would propose Co incteaec 90, volume
beyond thai proportion q, irving io hold
.. la. j D .N
com, to us Fee th0 course Of trade Will
not Stay vhru bought with bonds n
will How away ss soon as liberated
TNo different l,glls of international
prices cannot b, maintained with thc
same money standard
VIII the people ~ this country, ih.n.
consent forever to carry on busius,. and
ps, debts hY constantly Increasing
money standard. iu order ihai tbo deb,
owing and monr, lending class, ma
obtain possession of th, Earnings oi other
% which ihey have no riehts
A determined Hght has b,,u u,ad. ,o
congress b, thc friends o' d just monc,
standard AGAINST the enactment OF a
measure franehi with more Injustice to
. NE peopl, of ihis ccmir, than ar,
other in ii- whole hisior, u s hcheNeo
3 that no ,c,ffer oiu0 Ha. over strucl ~
che rights and interests ol Che peorl.
since our government was establlshs,
than that which subjects them io fn.
: domination of MONEY combination .A
tending 10 both slides of the Afl.nu'
Ocean
The decree fhai fho poopic of iht
i counir, shall have oo money 'haf dt
not promise gold en dcmand. rh'If th
q gold liself J. nenri, AN locked zap t 20.
vaults OF FEW great treasures nr.
hanflng firms. ought 20 b. enough %
i'isii 10 arouse the people 70 a aens %