The Philipsburg mail. [volume] (Philipsburg, Mont.) 1887-current, 1894-08-30
Statements Made Against
Free Coinage.
REMARKS BY GOLDBUG SENATORS
Which Is Nearer the Line OF Justice,
Cheap Dollar Worth 54 Cents or
Dear Dollar Worth 200 Cents,
and Which Carries With 1t
GreaterPower to Cypress?

Senator Sherman once stated in a
speech that "those who wanted more
money wanted cheap money in order to
pay debts with currency of less value"
Senator Blair added cor with less days
work." These statements were made as
an argument against free silver and
casually suggest the idea of reputation.
Such assertions in the past have closed
the mouths of many good men, but have
failed to convince their judgment. That,
however, was during the foodtide of
national bank rule-when to doubt was
to be destroyed. The ideas of the people
have changed somewhat since that time,
and the infallibility of past and present
legislation is being challenged through
out the entire country. The condition
to which these senators referred in de-
rlsion the people are demanding IN earn
est. It is cheaper dollar and dearer
days work that they must have or be-
come enslaved. It is not cheap dollar
in the offensive sense in which it is used
by plutocracy, but a cheaper dollar as
compared with all honorable ideas of
fairness and right. Which is nearer the
line Of justice, a cheap dollar worth 81
cents or dear dollar worth 200 cents,
and which carries with it the greater
power to oppress? Money Is bought
with the products Of labor, consequently
the dearer this money is the more labor
is required to purchase it. It is the few
who own the money, and the many who
must work to earn it, therefore cheaper
money benefits the majority, and is in
strict accord with the teachings of the
constitution. What the people need is
dollar that carries with it just pro-
portion of labor and no more. The
present dollar distributes the products
of labor unjustly; it is to neutralize this
unfairness that cheaper dollar is de-
manded. 1t is claimed by the advocates
of dear dollar that a cheaper dollar has
and always will be the workingman's
abiding curse that the purchasing
power of this dollar wonld be less, and
therefore operate against labor in pro-
duction. The first and last propositions
are untenable, and cannot be sustained
either by precedent or argument. But
the proposition that the purchasing
power of the cheaper dollar would be
less is true. and it is primarily upon this
fact that labor is demanding less costly
dollar. Labor in production never pros
pered as during the period of cheap
money from 1863 to 1867. All labor was
employed at renumerative wages tramps
we're unknown, and failures in business
the exception and not the rule as at
present. Even Secretary McCulloch was
enabled to state that the people were
comparatively out of debt, and not
obliged to labor necessarily for a living
10 confound cheap money with worth
less money is unfair, and discloses a
want OF better arguments. twill hardly
frighten the people as it once did.
Cheaper money than the country now
has is necessity, and 1s sure to come in
the near future. Cheaper money means
more money, and that in turn means
higher commercial values and better
times. It means that the farmer can
pay off the mortgage with less days
work; that the mechanic can finish pay
ing for his little home with less hours Of
labor, and that labor, wherever it may
be and Of whatever kind, will be enabled
TO pay less tribute to those who own or
control the money. Labor demands a
cheap, flexible volume OF currency, that
will eliminate the speculator and the
usurer by establishing a price that is