The representative., 1894-10-31
UNIVERSAL DISTRESS.
A Ringing Letter From the Pen
of Senator Stewart.
The Hard Times Caused by the
Scarcity Of Money.

| standard countries calls aloud tor re-
lief. Will the people ever learn what
makes hard times? Will they ever
find out that when money is scarce it
will be dear. and that when money is
dear, property must be cheap? Every
farmer and every producer want a
good price for what he has to sell.
The owners of money feel the same
way. They want money dear because
1T is their property. Money changers
want money to increase in value as
much as the planter and the wheat
grower want cotton and wheat to
bring high price.
Suppose farmer had the power and
was wicked enough, could he not raise
the price of his wheat or cotton by de-
stroying One-half of all the wheat and
cotton in the world except his own?
The money combination had the pow
er, and were wicked enough, to de-
Stroy One-half of the metallic money
of the world by the demon etization Of
silver. They did not destroy their
own money, but took advantage of the
knowledge they had of what they in
tended to do and bought gold and sold
silver, so that by the destruction of
silver they could destroy other peo-
pies money and keep their own.
Every dollar in gold will now buy
twice as much property as it would
before the combination destroyed sill
ver The enhanced value of money
has caused correspond ng decline in
the price of wheat and all other prop
erty.
Senator Sherman see red for the
gold combination. In 1873 the rejec-
tlon OF silver as money metal by
omitting the silver dollar from the
list of coins in the coditcation of the
mint laws. When the fraud was dis
covered it was approved by the Re-
publican party by refusing to remone-
tize silver, and continuing to recog-
niZe Mr.. Sherman as their financial
leader, and by the votes of three
fourths of the Republican members
in the two houses of congress against
every attempt to restore to silver the
| right Of coinage which had existed for
thousands of years previous to the
crime of 1873, demonetiZing silver.
The great mass Of the Democratic
party for many years denounced the
robbery of demonetizing silver, and
promised coinage Of that metal upon
the terms and conditions applicable to
the coinage of gold until the people
believed they were in earnest and
| Oh =
coinage platform. After his election
trump card in the hands of the gold
combination. The power and patron
age of his great office enabled him to
recruit the forces of the gold RepuDi-
cans with sufficient number from
the ranks of free coinage Democrats
to make the triumph of gold monop-
oily complete and bring misery to the
home of every laboring man and every
producer in the land. Cleveland
Democracy and John Sherman Repub-
licaniSm are one and the same on all
financial issues and both do the bid
ding of the national banks and the
banking institutions of Europe, with
ROthSchlds at the head.
The names of the Republican and
Democratic party are used to deceive
|
when they are voting for one party
that they are voting against the
wicked policy of the other, and which
ever gets control of the government
the Rothschilds'oparty is in nowor TO
make war on tho people by gold stand
ard con traction. The only difference
between the two old parties except in
name, is, Who shall have the offense?
The leaders and stump orators of both
the old parties are now telling the
people that the distress of the country
results from the ruinous policy of the
other, thereby assuming that the two
wings of the gold party have differ
ent policy on the paramount issue.
The tariff is, by consent, of both the
old gold parties made the paramount
issue. Each party promises to make
times better by tariff legislation; but
the more either party legislates on
that subject the worse times become.
Falling prices make hard times.
Times are as bad in every gold stand
ard country in the world as thev are
in the United States, because prices
are falling in every gold standard
country to conform to the diminished
volume of money. Times are good in
every silver standard country because
prices are not falling. Tariff legisla-
tion in this country cannot make fall
ing prices and hard times all over
Europe; but contraction to the gold
standard can and does. The same
cause produces like effects wherever
| gold is the only money of ultimate re-
demption or payment. The attempt
to relieve the universal distress in all
gold standard countries by tinkering
with the tariff in the United States
is like an attempt to cure a broken
leg with a bread poultice. The only
virtue in the tariff as an issue is, to
have something to talk about, to de-
ceive the people and make them be-
live that the politicians desire to re-
lieve their distress. The tariff is made
an issue on the cuttle-fSh plan, to
darken the political waters and keep
from view the schemes of robbery and
eXtortion of the money combinations
which the politicians of both the old
parties most willingly obey.
The Peoples party is the only party
of the people and for the people which
is opposed to their oppressors. The
money question is the only question
worth considering in this the worst of
money famines. The silver question
would not be mentioned in the can
vass If it were not for the Peoples
party. The industries of the country
are perishing for want Of money as
man perishes for want of food. All
eyes are now turned to the Peoples
party-the only party in favor of free
| coinage and more money. The two old
| parties have governed the country