The representative. [volume] (St. Paul, Minn.) 1893-1901, 1894-02-14
MIR. WARD AGAIN.
Continued from first page.


or a total of 1856, 53S, 7O7, while Mr..
Ward makes out that the total
held by the banks is $544, 500, or $2g,-
SSS, 7O7 less than the reserves required By
lao! In other words that the banks
| have not enough to cover their re-
serves, and not one dollar IN ercess of
them. If there ever was roaring,
| farcical fake" it is this statement.
The New York banks now hold $685.
100000 more than their reserves.
And he clinches it. He says: 'In
the hands of the people, outside
treasury and banks, sos, 1888, 1885,"
while Mr. Dunning makes it but
1910, ,s42.
If'Mr. Ward really wrote for the
sake of eight and TRUTH" why did
he not take Mr.. Dunnings table
seriatim, item by item, and show
| where the error is,-where 1.-THE
fake" came in? Instead of that he
constructs a debit account without
any credit account; he strikes bal
ance with only one side of the ledger.
This is suspicious.
And then he bubbles. l did not
say that the population of the U. S.
was 67,OOO,000, Aug. 1st, 1893; 1 said
"the treasury department claimed"
those figures. If the population was,
by the census, 1882, $50 in 1890, and
70 nf &c
annum, that, in four years, would be
equal to twelve per cent, and II per
cent of 62,622,65 is 7,f14,718, which
added to the principal gives our pres
sent population as 70, 1877 1868, not g.
49,, 500 as Ward tries to make it out;
and he so represents it because the
smaller the population the larger the
per capita.
And then Mr'Ward laboas to prove
that he was not disloyal to the peo-
Piles party when he did his utmost to
help the democrats and republicans
to repeal the Sherman purchase
clause of 1890, and make gold SUI
preme. And yet he knows as we'll
as any one that the Omaha platform
said:
"We demand the free and unlimited
coinage of silrer and gold, at the present
legal ratio Of Is to L."
And he knows perfectly we'll that
but for that plank. Gen. Weaver
would not, in 1898, have received
single electoral vote. And yet, when
the hordes of foreign and native-born
plutocrats were besieging Washing
ton to strike down silver, and thus
double the purchasing power of gold,
and with it double every debt,
mortgage, bond and promissory note,
in all this broad land, he, the editor
of a populist page, God save the
markD in Kellogg's journalistic in
sides, came out, with all his guns
blazing, week after week and month
after month, and demanding aboli-
tiOn of that very silver currency
which the peoples party had sworn to
defend and maintain. And now he
says Jesse Harper and Col. Norton,
both great and good men,-are in
favor of greenbacks, of course they
are. So are we all. And we all be-
lieve that a metallic currency is a
temporary eXpedient,-a relic of
ancient barbarism; but SO long as
either metal is to be used we insist
that both shall be used; because both
constitute larger and more abund-
ant currency than either alone, and
therefore more favorable to the mass
of the population. But the peoples
party is not the greenback party, not
by long sight, is something vast
y wider, deeper and greater. If we
had gone to the people in 1892, on Mr..
Wards platform, of the destruction
of silver and gold both, we would not
have carried a single electoral vote
in these U. S.: and Mr. Ward knows
it perfectly we'll. And yet in the
very hour of the peoples agony, when
the interest of every debtor in the
land was at stake, he jumped upon
unauthorized, unreasonable, sense
less demand for the slaughter of sill
yer and the esta blishment of gold as
king. And he helped the plutocrats
to do it as q populist!. Pledged to he
free coinage Of siluer!!'
Bosh. We have too much respect
for his intelligence to believe that he
was not paid for it.
And having helped to slaughter
silver he then turns upon the REP
REsENTATIvE to crush it, by de-
nouncing it's utterances as roaring.
farcical fakes" God help the poor
man! He has bitten off more than
he can chaw. Let him pick his teeth
and ruminate. He will never be as
good looking again. but he will know
more.
For ourself we propose, during the