The farmers' union. (Memphis, Mo.) 1891-1895, 1894-05-17
bury. characterized the closing Of the
nints of India to the free coinage of
silver in these terms.

bury. cilaractcrIZeu the closing OF the ;
mints of India to the free coinage of
silver in these terms:
BY single stroke the government
has deprecated by Is per cent the
value Of the silver held by the popu-
la;ion of India. \ more tiagrant act
of public plunder has never been
committed by civilized government.
The result has been convulses'
financial situation from China to PERI
If the repeal by the American con
gress of the Sherman act should be-
come inevitable, it would be partly
due to the error that has been com
mitted in India. The government
must be held responsible. Their
action could not fail to appreciate
gold throughout the world while liz
creasing commercial difficulties every
where"
Mr.. Balfour, the Conservative
leader in England, recently said:
The government had been driven to
commit Il financial CRIME. The speech
just made 10y the chancellor Of eX-
cleIuer was virtually sheer at tue
present financial situation. For the
chancellor OF the exc ochequer to get up
and tell the country that he regarded
with absolute Indifference what hap
pencd to silver appeared to him to be
something approaching lunacy. Let
Germany. India anG the United States
try gold currency, and tremOr
seizes every one of our commercial
magnates. They look forward in the
immediate future to catastrophy and
feel that the ultimate result may be
slow appreciation of the standard
of value which is perhaps the most
dealening and benuming influence
that can touch the enterprise of the
nation
1t is so because it makes the me-
chanism of exchange i commodity
and creates the impearlism of the
money huskcrs. Let the friends of
the people he not deceived 10y hue
and cry The hue and cry was raised
for Il purpose. That purpose the
picking Of their pockets III the dis
turbancc that followed.
snELLlNG THE WOODS.
We are all the enemies now of the
SHERMAN act We bombarded it
mi lightly. Well and good. But let
us not bc too enthusiastic about it.
History tells us, you know, that when
the Earl of Warwick and Edward "
were to fight decisive battle at
Barnet some 400 years ago Warwick
spent the whole night throwing his
artillery shot into field where he
thought the kings troops lay: but
which was absolutely vacant. The
king craftilly encouraged the mistake
and took the time so to maSs his
forces As to secure crushing victory
in the next mornings mist. History
has way of repeating itself, they
say.
Let us repeat by all means, Ger
tainlv. We must. 1t is the price
We have no choice. But let us il
due time take effective measures tha
Sh, lock may not own US body ant
soul.
/ Thirl-The significant effects o.
tie present panic are further indi
cations Of its true origin.
INTERNATIONAL.
The distress has not been local O
NATIONALITY has been international!
The cause was international. Til,
remedy likewi>e must be interna
tional. We must have All interna
tional agreement about money
There must he federation Of ma,
in which national lines shall disappea
if the people are to maiatain thei
life against the encouragements Of III
arrogant plu;ocracy. The plu' 'ocrac,
Of the closing days Of the nin;een,I
century Is an international affair
The masses OF the people of diiferen
nations must federa,e for the pro
lection of thei:. lives and the pro2res;
OF the race
III, <,f .c,;f.f H..