The Caucasian. (Clinton, N.C.) 188?-1913, 1894-11-08


III Colu'
Ill i9''' me standard OF coin wa
y 'l1' it0' n"Io8 Act nominated II
t;'t 80, ~ 'ilt' - % say all obliga
s''',' % 'ii0 n,Ueo 'oidles when thet
:" 'l"iSu Payd"ie III either gold ol
'ei' u ~ present f4tio, at the op'
'I'"' i'o' u ci| toho-hoiders, but OF
ne ,eoPe oI The United States.
All the acts pa. .scd since the
'i''e the tLEH war, It Will bt
observed, were III the Interest Of the
"oiIo' h"ldefs' ana against that Of the
P'"u uctf' anu toners.
bu' II fema'oed t'r the year lS73
u "IIheSo tfe GROWING blow Of all
IN that year, an Innocent appearing
oiiI' emitted IAN Act revising the
Laws relative TO the Mint, Assay Of
hcers, and Coinage of th. United
ofate', vas successfully struggled
through Congress.
l ne bill purposely omitted, from
I'll" ilSt 81 CONS TO be mlnted, the
'ILH FR DOLLAR
| by that cIandeStlne act, Of which
the people and the people 5 represent
atl'eS were ignorant, and by the sub
oequeht act OF 1874, adopting the
/ he'lSeo statutes, silver was demon
eIizeu ana the world volume of ult-
mate redemption money.WaS reduced
from ABOUT seven billions 10 three
ana ohe-haIt billions.
III 1910, attef the discovery OF the
crime OF 1913, Congress passed what
Is known as the "BlaHd Dill. Ihs
OH was vetoed ~ PRESIDENT Hayes
(John sherman beng Secretary OF
Ihe IfeaSury)' ana Congress passed
the Dill over the veto. Ihe act OF
1910 "oded 10 our Noiume OF money,
over @'O,oO0,OOO standard silver dol
iar8.
IN Io9o, "hat Is known as the
sherman ACT, was passed as Il
substitute Tor the "Bland Act OF
1919 1 his law further increased our
'olume OF money over 4I1O,OOO,OOO.
Under the Bland and Sherman
Laws, over 91OO.OOO,OOO, or about
~ per capita, were added to our vol
ume Of money. As all rejecting
men are agreed that the present dis
tress Is due to scarcity of money,
We must leave 1t to the imagination
rs to what would now be our coudl
ton if the gold standard men had
had their way, and our present in
sufficient volume Of money were half
a billion dollars less.
The sherman bill was adding over
fifty millions year to the money Of
The country when IN 1893 It's repeal
was lmptrlOuSiy demanded by Euro
pean !inanciers through their Amer
lcan allies and, although the peO-
pies representatives made one OF the
graudest efforts ever witnessed IN be-
half Of the producers and toiIer8 Of
eur country, yet the powar Of the
financial institutions OF Europe was
so great that our people were COM
peIied to submit to temporary defeat.
Now the question is; What do
the tens OF millions OF victims III
TN" country 10 the dl4ool-cal gold
Stanu caro- Poilcy ol Lolllo'tIu ana Z.
wall streets, propose DONG about 1t:
ooomlt 10 SuoJogaCloh, or demand
Ill lio uilCeI '".il Uoneo Ine lhln'e't l'''F
restoration OF silver as standard
money: NO. they Will no longer
submit 10 such lnJuStlce. ana
| therefore we earnestly recommend
the au0ptlon OF Ihe IolIo"Ihg reHo-
| 'utlon:
Wv e demand OF the present Con
greSS the immediate return 70 Cne
money OF the cor sClCutlon DIS eStao-
llShtd oy our 1atnerS' oy restoring
the free ana unlimited coinage Vi
both gold ana silver aC the present
ratio OF 10 TO l, the COINS VI ooCh
metals to be equally full legal tender
for all debts, public ana private, as
before the fraudulent demonetlza-
ton OF silver III 1910.
eve also condemn the increase OF
the national debt IN time OF peace,
and the use OF lntereSC-o'arlhg oohuS
bonds at any time.
Signed:
y II. GOV REIGN
Grand Master Workman, hnlghts OF
Labor.
JNO. w. ia \ ES'
Nrand secretary anu treasurer
knights OF Labor.
SAMUEL GoNPERS,
Ifeslueho vi Ihe Aiiiel I0"h e''ei "
ton OF LABOR
MARION DOILEh'
PRESIDENT OF Cne NaClolal raf iilei0