The Lexington dispatch. [volume] (Lexington, South Carolina) 1870-1917, 1894-08-29

ten pounds at one time aDd twenty
pounds at another tine, the difference
in price resulting from the difference
in the amount Of money IN the king
dom. If 4 man give his obligation L
another for one thousand bushels OF
corn and the government should after
ward change the buShel measure so a:
to require 112 pounds instead OF 0G tt
the tuShei 10 discharge the obligation
paying the enlarged bushels would
place upon the debtor burden ne nev
er contracted for and give to the creG1
tor an ADVANTAGE that he was not en-
titled to receive. The principle is nOj
different when the obligation is ex-
pressed IN dollars. A striking example
of this unearned profit appears upon IN
vestjgation of the public debt
Of the United States. That
debt in 1868 amounted to $3.50 600, ,OOt
and 100000 bales of cotton
would have paid the entire debt. We
have paid on the debt in principal, In
terest and premium more than So,OO0,-
100000. Wen reduced the priucl-
pal to $3.50, ,O00,GO0 Today the balance
due calls tor more cotton, more Hour,
more labor aud sacrifice than the entire
debt would have commanded IN 1860.
The burden has grown no lighter.
One of the most eminent bimetalIiSts
of the country in the early part CT
1873, before the United States and Ger
many demonetiZsd silver, wrote that,
in case any country Of Importance
adopted the gold basis, persistent de-
cline would set in in the prices of COM
mO6itieS, money would appreciate;
that times would grow harder, a spirit
Of unrest and dissatisfaction would
manifest itself and would result in
strikes, Idle W0Tklngmen seeking EN-
pIoyment, &;. The history of the past
twenty years could be no more cor
rectIy written. This prediction was
followed by another, IN almost the
same paragraph TO this effect: Various
causes will be assigned such as, I'M
proved machinery, new inventions,
and over production; some will also
claim that falling price and hard times
have resulted from local causes, but
few people will realiZ9 that the true
cause of the appreciation OF money and
the depreciation OF property. oar own
experience and observation that AL
these causes have been laid hold OF
during Ihe last re" years:
The remedy, however, is the lmPoc-
tant question. The Democratic party
noIIl ny us ll"'ioi u! ah" ny Us Sl '"t. Irr
Ci9N Is p'enseu " ''l7 t0ot'' "IIort Itor., ".
SILVER W Cle ihi!i'S' illdC P4a'ioL ~ Ia
says: we hoIsl 10 Vic use VI h"'i' soiu
ana SILVER rs 'llo SCahuaTu iliotlef oi Viie
country, ana 10 Inc coinage OF ooIli
3olu ana silHer "!hLoHI ulScIliiilliaL n
against eiIfieT lue'ai or chdiRe i"I tnlH'c =
asF. az tlIe !lili'; Vi Glle eUQPti"n H %
thia piatioIiH III LIe I'ou9o 81 l.oP'3,
SehIaIiFtS VI Cii9 O'lI'"I S|aI"S o7'c,'
FePreStilt"|iEeS1 10 one !'"t ''"ed III ~,
Vor ol Tree SILVER "'IA e!S'' /" QUO III
'he sei!"Ie.
whenever 4" prOp9Sitlon IS th1lo TO
restore SILVER 10 the h!ihtS various 90
JecIloiiS are urged a9al9SC It, "L III
stance some people cia'ul Ch|o Ii,e lii-
CllnS!c value ot Cne StdHet aJ, IL I" uoilat oS 10
40" "oLI" uo1i"l: S inHlo % ~ nir.n SuCai
tn!nS aS NJ il"StT 5i o"iSo' S ana.t;os 80
a,oh T"o % ~ brdnnso l no. H,hicb @ccnWpanV p~ il
0uUt! 90 -';'t q. oo"S IaI,,, ~ rroa
".eiC,Gt ~ ooa+;o, " -r,G 80 aniTd
;"thi CO. 10 tbat -, 10 rr,irG
~ % o"iu0ClilnS tnaI teo'uoo 40 VIC h;nt ilitu
VI tue PEiSOh @lu noC III Iiio ICY
5 5 'uHiI. II d ilan was Oh az un1uilao-
t:eu 'oI%Gu ra ~ anu Ia" ~ lsopo VI osSl soV
llilE q. ne Woulu pielel a ouolsI y,
iiVGS w 'uS,Ti I =. gno.taS U,n, " -saiio ITv
r1@ i';s' =; tlnSlc %o, or',o Tpo nno
1o,. ~ ,,aImn nf nnld or .iITa- 10 eIwavs
Io4 - -, ,yo ri,na-o ~, or,Io -
''Ii, -. I''-oS ~ - C''I CG.lt S.ntnr
oiIe I!t'L,o QI nc UHlIeu 'oG"'SH s;,,a "oa9
"PeH ,V''"S IUi "''c ""iI'"so Va S,4'I, az
LAe rave o! axe 2EhstS 20 we - Ina'
"ou!o pS us V"!Ue ior alI nIIeI pu'-
poSss, OeCa'.HS Al d .'i'n n"u otIr1' @
suolsi "o S'aC ~ ~ Goilt e,! ono u iIII
Uceu ot1tei uott"l f . t.t.J ot1'vI S",u ~
~ pui |.f<HIu ~ -'SS ts U.ioI
uoti"i ~ ." to, "o I'to p',.'tiT0t nITor "ar
~ o;ioo 'llo "' ,,T5 %
;no 'l1SEi (HGiu 0"tti 'lI9 ''0l "0''4''
u2T I,,dL1 1u1ho 70 u0tt"to O''S ", ~, .: h,
J., AHel0 n@' HTNet o0on d Vlno ~, -
Cne Coiumer'l"I value. VI ihohey neCal
Ie!i oeIo" the Coinage Fa,ue "neu Tue
mints we're open TO IT, we've OF Ine
aoieS. men III Nre.t hLiCatn %ICet d d
nloSC tHotouen B InHeS.Isdtloh o. 'Tpoaoeu a
w STo ttGiSn goyet noeHC oi Ctn@.' al or
SI~ n.y. V'tS ~ 't r.'.Ne ca of
@ oLto mon1o a. AoZ2 ~ ioi " pea'TS' ~ VI
,eJ ToYJHS; y1<'ts, '-i!U S ta'S'' 80, 80
Co. 1StIo, "It StJ' ,'t:'nJ' uiSIu "U".o "a ''y
pIu0l F"W'DS Go'uCiy CouiH ln"'n. :
IAN tNo value VI SllVei dV
"n%ttFef rates IL n4lgnC IS,
tdoilsh; II Vdiue - conception o. tlle
Luiuu' ~ iI@y 10 "ss,eu WleClAeA ~ G%n ca
oe CLsaIea W law. ~ ~ "a. i5oC: De'
.n"Ho no"SSEi, t.,Hy oo Gt1'I0T r. "S ;T iT'"
a.4 ''iS'C ,I"Me9 th C,'V .d .a."I lna,o
ei-CS' ".'Ppo"T s'io ittto't .,'icCn to
',rn s @ttG~t1 F'TL1totS Tr ~ Cds
uo9 y. Guy Aii| VI ttoiSe' ~ 49, 'i-I9 UT"tt f
Wy e-1oopG yGllo" W. 20 C'ti e",'-C ~
2''oli teS '1t"I1oii "O(tiu D1 W Uee'ApJ .'de
"Sni,',.W Aoi s.11 othTI MN" VI H'iSes 80
anu anu rn0ir S|nI0 "uunI ~ uo' L. TM
;io ool'et n|',lu C'sTte "U"i po d i"l seiy
N.Y. t|oou uGtlt.iu t"i tne ~" itUt'e
,ts 30 r. 0I'9 "[.'O b anoo ,'har
thar haro donIared Inv low th.t tha nno
Mo oonIG onio nco tho valrou, mator