Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-10-10

parties VINO mine " and own IL. They
could take II TO Uncle Sans minis
and say; Here IL 50 cents worth OF
bullion; please hand over standard
silver dollar They would be making
about so cents by the operation. ac-
cording to the present quotation OF
silver on the market And thus, the
seignlorage or pront would go to in
dividuals. instead OF the people at
large, as 1t does under the present
law. And they could send their dol
lars which cost them about so cents
down here to Texas and get 100 cents
OF your good wheat. cotton and oats.
DO you see anything IN 1t for the
people OF Texas2 l DON'T
I'VE are In favor OF honest money.
both gold and silver. with plenty OF
currency based on both metals. but
regulated In such way by law SO that
dollar OF one is just as good as any
other dollar at all times In exchange
able value AS long as the coinage and
issue OF money Is regulated In q safe
and business like manner. there is no
danger OF depreciation OF one, or an
appreciation OF the other. MS far as
their exchangeable value is concerned.
Hut II the government were to adopt
the idea of the sixteen TO one cranks,
we would soon DO In the throes Of an
other panic, even worse than the last
one. 1t Is the stamp OF the government,
and Its ability to redeem and pay Its
obligations, which makes our silver
dollars as good as gold. But, II you
legislate for the government beyond
Its apparent ability to redeem Its
pledges, YOU then tread on dangerous
ground. Just the same as a merchant
would In business. IL he issued more
/ promises to pay than he could possl-
Z bly, meet, under such circumstances his
paper would depreelate in value, ao-
cording to his ability TO pay.
| "a dnp1,ln "a ~ ,f a
money established on n single basis
without an international agreement
! is practically impossible. without such
an greement you might establish both
on an equal basis today, but the fiuc-
l tuations In the market value OF the
metals would require a change of ra-
/ ito every little while. When you speak
of n double standard OF gold and sill
/ yer, that means that the petal in
/ both dollars must be OF equal Intrinsic
value, and that 10 something you can't
maintain without an International
agreement or as long as either of those
metals remain commodity in the
markets of the world.
some people are always advocating
an imitation OF the currency. They
think that whatever the government
stamps Its seal on is money, no matter
how much. As stated before, II would
be as long as 1t did not go beyond It's
apparent ability to pay but We Will
for the sake or argument suppose 1t
l was. II SO, what use would there be
in wasting time and material making
one. two and ave dollar bills. Why not
make all hundred or thousand dollar
| bills? II would not take any more
material or labor to make q one thou
sand dollar bill than it would TO make
one dollar bill. why not make 1t
even in much larger denominations and
all be milhonaires? If the government
could stamp and issue money that way
why does It continue collecting taxes
to run 1t? Why not make the money
by the Wholesale and pay its expenses
and send everybody an installment OF
greenbacks once a month?
81 ask my intlationist friends II the
government presses worked night and
day and turned out millions every
twenty-four hours, how would you get
any of 1t If you didn't have something
to get 1t with?
state Affairs. X
'In state affairs several questions OF
great Importance require the iinmedi-
ate attention of the incoming admin
istration.
I'VE shall not interpose apx objec
tions to any advantageous reforms ad
vocated by the state Democracy. w,
are all citizens Of Texas and as Buc.
we should not only feel deep interes
IN our own welfare, but also that o
the state a. large. Therefore | viii
only assail them on those points W,
know are iniquitous and inconsistent
"There are some reforms advocate,
by them which meet with our thorough
appreciation, showing very plainly tina
they are gradually drifting our WAY
upon those points. shall have yer,
little. II anything, to say regardins
them. But 1t is the weak spots in theli
platform Of many promises which neeC
showing up before the people, so tina
they may understand the position W.
occupy on those questions.
Take sections and 0 In their plat
form in reference to President Cleve
lands action at Chicago during tn
great strike That Is good Republican
; doctrine, something we nave Away
contended for but has always been op
posed by the leaders of the Democrats
party. They have never until recently
admitted and realized the fact tina
while all the states have rights which
are bound to be respected, yet at TIL
same time the federal government ha
rights which all the states must re
spect. The reason for this recen
change of sentiment can only be al
tributed TO the fearless leadership o
President Cleveland, who has throw
, himself in the van pf the Democrats
! party and is so far in advance of thei
'moss-backed' ideas that 1t will TAX
, the majority OF them about twent
years to catch up.
section 4, relating to the none.
question, is also splendid Republi
l can doctrine. and We are pleased I
! know that the Democratic party
, making long strides towards gcttln
: right on that great question. They ar
!, following In the footsteps of Senate
r John Shermar,' who IL admitted b.
e many Democrats as well as Republl
S cans the best authority on financia
a matters in the United States today
I "Sectlon denounces all attempts I
I secure special protection or privilege
for any particular class or classes n
unwise, unpatrlotlc and undemocrati,
: What does that mean? ! construe
n this way: that the 'Gorman-Brice' sen
nte bill which has Just become a la,
y by limitation and branded as an G
:; OF party perfldy and party dlshonor
: by q Democratic president. and dc
J. nounced by leading Democratic paper
I throughout the country Is not wha
I. / the people voted for in 1892, 1t mean
that the senate of the United States
branded as a gang OF special prlvlleg
manipulators' for trlfing with the al
y y fectlons OF the Democratic party W
= don't blame them much for feeling tina