New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1894-01-10

lake. IL WAS nicely Sugar-cOated. Under
the guise of an sshonest'' dollar, the pow
ers that be have given our confiding
people dollar so honest that it takes a
third more of labor or commodities to
get it than it used to. I sometimes think
that they have overshot the mark-that
while the people have overlooked. the
appropriation by this class, of the nations
vast wealth of lands and resources, they
might wake up and resent the invasion
of their private possessions. But you
can't tell. They are long suffering and
patient. In fact they may conclude that
it is providence that is chastising US. If
the city dailies are to be believed it will
not be long until our farmers will begin
to send delegations to Congress to ask
the gentlemen's pardon for raising so
much grain and so much stock, and their
co-laborers in the shops asking the like
forgiveness for being too willing and too
cunning with their hands.
I don't suppose that anybody but a
silver crank has the termerity to hope
that there will ever be a ''public opinion
other than that disseminated by the wires
of the Western Union. If there should
be, then our people might be able to see
that by depriving the people of more
than one half of the supply of the natur-
al, self-redeemable, ultimate money fol-
the future, and impairing the value of
our stock of silver on hand, the growth
of our volume of money has not only
decreased, but the worlds stock of real
money has been reduced and values i'm
paired wherever money is used. They
might be made to see that if the dollars
to be gotten are daily made fewer, (Loeb
and Ichelheimer are still skipping eagles
over the pond, in spite of Growers pro-
mise that they wouldn't if the Sherman
act was repealeD it is going to take
more grain, stock and other commodities
to get them. The repeal of the Sherman
law is not responsible for the present de-
pressed, congested condition, but it was
the last act in the drama, commenced in
1878, which has caused it. The repeal
was principally important to the gold
advocates because it removed the last
vestige of legislation that recognized sill
yer as money, and to the bi-metalists be-
cause it dealt the final blow that de-
stroyed silver as money metal. 1t was
a great victory for the Cleveland partv
It means shekels TO: their Golfers. They
may not get any more dollars in number,
but how much more honest they will be
How fortunate the fellows who hold your
county, and school district bonds and the
mortgages on your farmers homes. They
need neither weave nor spin. Congress
has done their toiling. Their bonds and
obligations call for the same number OF
dollars and draw the same rate of inter
est as before, but the purchasing power
of these dollars has been increased by
more than one-third by law. Not only
that, but this increase in tile purchasing
power of our dollar is still in progress.
The demand for gold is daily increasing,
The stock of it decreasing, by wear, by
loss and by consumption in the arts, How
precious these little pieces of yellow me-
tai will shortly become. What strife
there will be not only between nations
but between individuals to possess them.
What crimes will be committed to OBJ
tain them. What power the men will
possess who hold them, or hold obliga.
| tions that call for their payment. It is
true, that it will be ''tough on the farm
er" and hard on the debtor-and they
constitute nine-tenths of our people-but
| they will have the satisfaction of paving
''honest'' dollars. Besides they must
have wanted just what they are getting
or they would not have it. What a
charm there is in the phrase ''honest dol
lar.' By cunning use of this innocent
term upwards of sixty millions Of people
Il don't include the "niggers"; they are
innocent; they have no voice in our elec-
tions) have been led to commit financial
suicide is, if the representatives
Of the president voiced the sentiments OF
the people. Why, Mr.. Editor, if this
were not such a serious matter; if it did
lot mean poverty, want and crime; if ii
did not bring foreclosures and sherif's
sales, failures in business, stagnation in
industry, fewer comforts and anxiety to
every farmers and laborer's home, /
should laugh at it as heartily as we do
at the scheme of Grover Cleveland-the