Democratic Northwest and Henry County news. [volume] (Napoleon, O. [Ohio]) 1894-1905, 1894-10-11

less than the silver dollar; that same silver
dollar viii purchase just as much Of every
other commodity now as il would prior to
1873. Now. the true test of the increasing or
decreasing value of any one thing is not to
compare Il with any one thing, but with a
large range of commodities generally dealt
IN. Compared in this way then. in which
has there been greater change In value! In
the silver or gold dollar!
1Sth-Free coinage is no experiment, be-
cause il has been tried, and proven to be
most beneficial; but il is an experiment
which has never been tried before, to attempt
10 conduct the business of the western world
upon one of these metals alone, and as far
as ii has gone it has has been most disas-
trous one.
19th-With the dollar sppreciating in value
as it is now dong thereby causing decrease
in the price of all products, taxpayers are
compelled to give more labor to obtain these
dollars, the only thing with which they can
discharge all state, county AMI municipal
taxes, all of which are fixed charges. There
fore, to decrease the price of products is to
increase taxes, as all intelligent business men
will readily perceive.
20th-Continued falling markets must
annihilate profits, without which all industry
must be paralyzed; causes money to accumu-
late in money centers, where it is principally
used by those who gamble in securities, in
stead of being used in productive enterprises.
''The gold supply Of the world has been sub
stantially cornered." See baron Rothschild's g
speech at late monetary conference at Brus-
sels,
21-If business men could only be a. sured
that prices had once touched bottom, and
that even as low az they are now, they would
remain steady and stable in the future, then
itmlght be possible for them to conduct their
business upon a stable footing, for after a
general readjustment matters would go along
as usual. This, though, can only be done
upon the condition that prices have reached
their lowest level and can be counted upon
to remain steady in the future. If the con-
ditious, though, remain as they are, not only
ask yourselves when the decline will stop,
but how, if money keeps thus appreciating
in value, is it possible for it to stop.
22-For these reasons we believe that this
question should now supersede all Others, and
that all business men and all laboring men,
not only in their own interests, but on the
broad ground of patriotism, should put all
other issues in the background, and by their
votes this fall show that no matter what
political party obtains the ascendancy in the
next congress, this ruinous policy which has
been followed for twenty years, must be
abandoned and silver restored to its full
money power.
II this policy is not changed, we do not
for one moment hesitate to absolutely affirm
that no matter whether we have high tariff,
low tariff, or no tariff laws at all, there can
be no permanent revival in business affairs.
Stock of all kinds are now SO low that We
may expect some commercial improvement,
but that it can last for any length of time,
if the present monetary conditions are
maintained. is an absolute impossibility.
A. W. THURMAN, Chairman.
W. A. TAYLOR, Secretary.