New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1894-08-22

EsRsHH4H sAsA assft DOWN the WAGES OF
lastesats 8asssA iesssifA III Hla glfiFEaa Sea#sa
Haae 4aet assasfi9H be 5saR#asia ls a;alllaaffss
afE one efHs hsssssa ,faslaess asjF4saaees prove
nothing
asese Aassaass lSss& E ssa, FsSss..
1 afessEA asssaaA fais,ssfsA she aHs.fe Ia asa
sses9ass
AEa, aa sassaHs siaids.
atheR ten lsrS 84he4 f4 =; SssHRHssFaaSesfa
#3ataa akfa a#tsz i IS a|#5 it is Rstk a@ ssH#-
if Is 10 nav
With. y
RsfRa# do VOC s' s9S RaaFf4ssa FslfseN. Mo
HeeeFFsss}aa #Rta a24esaes Of t#Afs QstsfF M de-
saasFSFsEszfz :? he tsH
.Aseta2a Mn. 4AetsaHai E astsa}e::
Tine aefaSatet .Fff24A party RRsAes EEsstlssa
EFIsEA IRE sfissf 4s We
4aR as E3ss#a4tee, sSzy We 5aetss tal
Aafes at Af9aala,'
TO #AaeA 4'4. d = R44s4ssaiaaes
Ne44 Why A q vsss make gssaiE 44aasses;;fasgssF
Ies AeakaaA#tt4 WtAF sFs#aa We a,es4s# RaqesssseE
IN AA4e4shsse iaRsZa 8,aE #4FeaesH GA 81, Yea
OH experience 9saaRas4s Tire #aE Wf4A 4ssa
5s:afs# $40 $40 aa aA3 Of sageasaeka, SHOWS E4a4
ne 2saA Ret6Re fF4st Az 4SSa money GAFA4EE
SELVES Rsaasa pay go 4A9sestsH GA ~
44a s4F5a#eaaaa4F #lstRe{A / fsQsFtahHE R4a{sa
@4sas, Fsas e4se ~eEk44 Es}eess1s,aRa Of Of are
TAINTED Si;aHas ee444tA RsG sFAS ;AE@feaaR as
EEsF aataa aea4e E4 EAe ssasa Rf4a;a44sa al94aaE,
wages Esd 4sesaA syees44F Q9aFR Q4aWA Of e
Ease4y sFe2sett, 4aa4vH eA that ;aeateAR4laE the
#Ss 44Aaae hAfsessa E49157A4f4s W4#A w44Fe 10
85 N8"aee4e aka f4 44af4s44aRa F44a# EF4e!a q
state Of aEsaaSEss eS4s#aa 4,eQ:as4sa R44efa %5as
BE money Fl ne q:lSa44#sE VITA ~f4Res 20
Only The statement winch / tAR.a4 make
iaEess4@aFeIy F44se The wages 9S&Ra each 4aaaE
Rtt9f "Vfk ia44 ever F44a pTF4EF@la saaEes atQE
f4fssA4AE Years HNAa9 Nave 4taaA 4s4A s44A#elss
4,4 wealth. k44BHa E4Fw4e4a 44a
ssaae Et4<,e 81 she elaRaA.
The Sea4Et4A@=A4442 Sl4aahA sass Wg4sas =.asass
To 2e344Va. &a4444 4ae4s 20 make E44a FFFE4s, 81
44a4 34%zEa 2E44; 844Qa44V Of E44s e9,g444EET Wa
44aEF5 4'44aae@s FL a44445E444s ny 944a 3 q 4S3
24a 44444eF III @SR2{R2aea9R4 }aseAs5Esa ia 4SF3
%F4E 81: o. III 4cSf4 II WiAs s4S. Is: Il sAaa4
S44 2 44SE44 $seg' QAsf#a aaeA Y4aES 9445esssS 81
eaAssse Of E4a ESaE5EsaAs484a z4aqseasEFss
f,tEaAGeaA NJ FS +Sfss Waa9s 81 w@es So, 81
s44eA4 FAa aS4alSA444s began s$4aQ5EhV R9 EA-
crease a4AEs III 4sA3 It AaCs reached E44a sgssa
% ~ 10 ssag @aEs5Ea.
TODAY a Is NEARLY TWENTY
FIVE DOLLARS Rss eaeA s4a4aa, weasss.
as4ss es4sa<s IL EAe erAEsea stare
n s44a 4aea Of es44s we'll kE4swa faas Why
Keep asserting sAav sAege IS speA 2 lack Of
currency II tF4fs es,FaEEy ? Whas We need
IS 2 revival a. ssssssAess, 90 a. se make EAa
money circulate which has all sAfs WAe
existed II EAe United gsases.
WHAT Neasy Really IL
fSaaAvsSSS rhnrv u
nearly AZ possible everything We Aeea
NgAs AeEe Al Ae4Ae, sA4s writer Ask
"Wesa, Why aaasS yen make yeaF saeaeS
At Aefaa 20
That question Is rounded en the asssasss=
Haf shas *aeneN IL a manufactured article
! like COTTON etesA 81 weaiea blankets II
il nothing 81 Fhe Kind,
why should wa sesgew money ana
pay interest ea it, When experience shows
thar we can mako issst a. geea f.saaee
ourselves and ssaS Ra INTEREST," aueFa
IT D.
that QUESTION could ha asked only bs a
pasaea wlsa believes IA siat y 4sseRaS.
Experience shows fi4is ana nothing
mere That eur government can issgse q
Hhited amount az notes. sayaRia ga de-
sfsaha, ana Keep such notes At PaH ga long
% il feaeaii4a Them when demanded. IN
beifanee alsa shows that WaaA Fha spaassat
Is 80 large that the government rails ia re-
dean them aa presentation, such naves
fall belaW mar A aoVurnmant might issue
sghnpn.AM ef sueh netaa ana hean taaSa
sSsSlI When II could do nothing az ina IiAa
with 10 times that amount. j man TsFth
ss,oW might issae pFa1nisssEy notes az s1ga
each ta the amount Of 81 900. and shssa
notes might all Fafaaih gaaa. Ills wall
khaWh ability Ca pay that ainaHaf we;iiti
give people confidence iia his promise. Lat
IL anea he understood, however. that thaYa
ara s1a.tan al such notes cut against him:
and these notes viii Instantly faii haiaW
par. because A government can isstia a
limited amount OF promises ia paw aga
Keep IL good. il BY 40 means faltaWs that
it can do tho Same thing with ali unlimited
amount,
This 1'epiilist writer doesn't say haW
much Of such money can ha issuati by
government ana be kept coed / assaEt
that the amount is limited. naes ha deny
thias IF not, why aid ha not mama tRe
liihiIatiah? On does he believe that tha
government can issue iaeHeY paYabie Ia
nothing, FeaeeHaahie in nothing. ana that,
toe, without any limitations a. to Tina
ana amount, ana YET that such stuff viii
be coed meReF as teha as it e.isIss 4
peeWlist may believe such a thing passi=j
bic. de nat.
People earn naeHeF By all kinds OF labeF.
Men wAe mine geld ana silver furnish the
WaRla with substances which have hegH
used for ages as aaeaeF. The government
eaias these substances for the purpose ef
showing The quantity ana quality Of each
piece. The people furnish the metal eHs
OF which the coins are made. ar the
process Of eeiAiag the govern meAt creates
hethiHg.
Money is used to faeiiitats exchanges
People make 1aaHeY By producing the an
tieles out OF which money is made az IN;
producing the articles that can be az.
changed for maaaF When a man gives
his note for st6b ia exchange for horse,
the han is WaFeA no more than he was hea
fore he bought the haFse, if 800 is tha
fair value oil the animal: He has tha
AeFse, but Ae ewes its full value, WheR
the government issues q gfeeHbaek ap
bond, 40 value has been created bs the
TRANSACTION. The government NAY e@
change them beth fer geld, but the gov
eminent al once becomes iHdahtaa fer the