davidaulloa/AmericanStories huggingface dataset:
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16
Taking Things Tor Granted.

Serious mistakes nre often made by
jumping at conclusions. The free
silver coinage man secs tho prices of
wheat and horses declining, and he
Mt once concludes that tho decline is
due to the characterization of silver in
1878. Hisunthinking neighbors come
to the same conclusion. All have been
reading tho same Populist paper. They
do not stop to think that there might
DO other causes to account for tho dc.
cline than tho appreciation of gold, If
gold has appreciated in valuo--an open
question amongst political economists,
They do not consider that there are
natural causes for the decline in price
OF wheat, suoh Ms the opening up in
South America, Europe and Asin Of
new territory where wheat can be
grown very cheaply. Cheaper harvos.
ters, binding Irvine and improved
methods Of farming also contribute TO
tho decline. New fields md compe-
tition are mainly responsible for the
lower prices OF wheat, cotton and
other farm products.
In the cases of horses, still other
causes have contributed to tho de-
cline. The silverite who says that the
average value OF horses in this ooun-
try has declined from 500 in 1890,
to 1896 in 1895, because OF the demon
etization of silver, is not talking
through his thinking cap. II no reads
newspapers, no knows that during
these years hundreds Of "cablo" and
"trolley" roads have taken tho places
of "horse" railways. Then, il no
thieks Mt oil, he will realize that tho
hundreds OF thousands of displaced
horses thrown upon tho market must
have caused great decline in prices.
The same process Of reading and think
ing will convince him that many moro
thousands OF horses have been dis
placed by tho rapidly extending use
of bicycles, and that the result on
prices OF horses must be the same.
He will not be surprised that tho mum
ber OF horses Inns declined from
16, 206, 500 in 1898 to 10, D3,3lS in
1895.
If appreciation OF gold were tho
cause OF the fall OF prices, the fall Of
prices of all kinds OF commodities
would be uniform. Instead, the
prices of some commodities have
fallen while prices Of others have
risen. The free silverite should think
twice before he expresses his opinion.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

to secure the needed legislation. That
legfsidti0n aCouh make 10 The men WhO
produce siiycr in this 1crritrya diDcr.
ence Of 50, 900, 900 per year."
But what excuse is there for the
simple minded wheat, corn and cot
ton grower who imagines that he is
going to get rich by having his Gov.
eminent adopt such foolish policy :?
Suppose that the Government should
succeed in doing all that the free sill
yer men expect it to do. Suppose it
should declare that silver now worth
80 cents should be one dollar. Where
will the farmer and laborer come in ?
Prices OF everything would soon be
double what they bow are.
The laborer would get left becauee
while the prices Of commodities would
double at once the price Of labor
wages would not double at once.
Wages would begin to advance strikes
won, be numerous; but ii would re-
quire at least one year for wages to
advance as much as goods OF all kinds
would advance of once. Meanwhile
the laborer, whose wages depend upon
how much they will buy, would really
be working at reduced wages.
The farmers would get twice as
many cents for each bushel OF wheat
or pound OF cotton, but each cent
would be worth only half as much, for
the prices of everything else Except
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16
Cheap Money anu Wages.

Wage enrners who imagine that
more and cheaper money will benefit
them should study the effect upon
wages of the issuing OF greenbacks
during war times. When millions OF
dollars in paper money, with nothing
but the promise OF tho Government
behind IL, was put into circulation,
prices and wages ut once began to rise
apparently. BY 1865 prices had
gone up on an average about 11G per
cent. and wages about 43 per cent.
from what they we're in 1850. But
the real valne OF wages is hxed by
what they will purchase. Real wages
then were only two.thirds as great in
1865 as in 1860. These figures are
from the report Of the Finsnce Com
mittee OF tho United States Son
ate and were computed by Labor
Com missioner Carroll d. Wright.
Commenting upon this question
Edward Atkinson said in the April
Forum:
During the Civil War even tho
withdrawal OF seventh part Of the
men OF a.ms.bearing age and tho de-
structive demand growing ont Of the
consumption OF war, did not advance
wages as fast Ms prices rose; the pur-
chasing power of u days work lost by
one-third in that dark financial period.
"W acn once more the evil influence
OF discredited currency, which was
issued in time Of profound peace at
the dictation OF the mining camps,
whose power in the Senate is in in
verse proportion to their population,
brought on the panic Of 1893, pa.
ralysis OF industry ensued and great
masses of people suffered for want OF
the means OF subsistence in the midst
OF nm unparalleled abundance OF food.
fuel, fibres and fabrics Of every kind. :"
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

possibly lahor) having also doubled,
his money would purchase only half
rs much-and money is worthless un.
less it is TO be spent, But tho farmer
would lose in one way: the prices of
wheat and cotton would continue to be
axe3 IN Europe just a. they are now,
The prices at which we must sell our
surplus millions of bushels of wheat
and pounds of cotton will, in the main,
fix the prices at which all wheat and
Gotten are sold, But prices in Europe
are fixed in gold. Hence, the prices
there would be half what the apparent
price would DO here. Now it costs
something to reduce prices from one
currency TO another aud somebody
must pay for this work, and who but
our own farmers would foot the bills
just rs the Mexican farmer now
pays for the cost OF computing his sill.
yer prices into gold when he sells to
Europeans.
Besides the price of American silver
dollars will fuctuate from week to
week in foreign markets, just rs now
is the case with Mexican dollars
This adds uncertainty aud risk and
will tend to keep foreign buyers of
wheat and cotton out OF cur markets
and to drive Thorn to purchase III Rus
sin, Egypt, India or South America
This uncertainty and risk will also be
charged to our farmers.
No, the farmer will not get rich by
means of cheap money, He will,
when he votes for tho free coinage of
silver at l6 to 1, got lot of costly OK.
perienee which will put millions of
dollars into tho pockets of mine own
ers, He will have the experience /;
the mino owner tho profits.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

tifcates Of deposits; bond certificates;
grain purchase notes; credit and cor
poration store orders; teachers war
rants; and single script were some OF
the forms of credit that were temper.
arily utilized as currency when the
premium on legal currency was so
high that few business men could
afford to pay it.
Mr.. Warner estimates that about
$50, 900, 900 of this Emergency Cur
rency" WAS in circulation by Septem-
Der LIST, 1898, when the House having
passed bill repeating the Sherman
Silver Purchase net, and we having
purchased $40, 900, 900 in gold abroad,
the worst apprehension of creditors
were quieted and the panic collapsed
as suddenly as it had begun. The
Emergency Currency" gave no
trouble; not single dollar of it was
lost to anybody; partly because it was
illegal, and partly because it was no
longer needed it was quickly redeemed
and disappeared so promptly that be-
fore the end of the year specimens
became curiosities.
In and near large cities this Elmer
genoy Currency" usually took the
form of clearing house certificates or
certified checks. In manufacturing
districts pay checks were the only cur
rency available for weekly pay rolls,
and cash purchased by wage.earners.
In grain districts, grain purchased
notes and credit store orders were
more common. In lumber districts
single script was current. Below are
given fac-similes OF the specimens of
Emergency Currency" contained in
ex Congressman Warmers pamphlet:
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16
FREE COINAGE BENEFITS.
How They VIII BE Divided Between
Mine Owners, Farmers and La

How They VIII BE Divided Between
Mine Owners, Farmers and La
borers.
1t is easy to understand why the
owners OF mines and other property in
mining States and Territories advocate
the free coinage of silver at l6 TO !.
Like all of us they are selfish and
greedy. If the Government will agree
to take all of the silver they can pro.
Suce at twice what silver is worth in
the open markets of the world, busi-
ness will boom in the vicinity of silver
mines Mines and real estate of all
kinds will more than double in value
that is providing our Government can
stand the strain of buying all of the
silver offered at this high price.
There are millions in this kind of
free coinage for the mine owners.
That this is true was openly admitted
by tho Salt Lake Tribune (mino own
ers' organ) of April 80, 1891, when it
said:
1--WE believe that by the expendi.
ture of $40, 900 or $50, 900 the Boards
of Trade Of Chicago and New York,
and even of old goliite Boston, could
be made to pass resolutions asking
Congress to give full recognition to
silver. The Silver Committee, who
are working for reconciliation, think
that with u small amount of money,
used this year right away. they could
bring such pressure behind Con-
gress and tho President next winter rs
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

The pretenco that gold is the money
OF the East and silver that OF the West.
has no foundation in fact. The East
produces no. gold. The gold In tho
Eastern States was got by exchanging
goods with the gold miners OF the
West. The people OF the West wanted
goods which they could use, and there.
fore parted with their gold. II they
want ID back they can get it by pro-
ducing things and selling them in the
East.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

"Under free coinage wages would
be higher" is the claim of the silver.
ties. Why? 1t is not the quantity
Of money in a country which regulates
wages, but the amount of wealth pro-
iuced If tens of thousands OF
workers were engaged In mining sill
yer we do not need, instead of making
useful things we do need, would the
total wealth be divided between en-
ployers and employed be larger?
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

Josh Billings never read "Coin's
Financial School," but he was &C.
luainted with the arguments, sophis.
try and false statements Of Greenback-
ers when he said: cit is better to
know few things that are SO than o
great many things that are not So"
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

Don't be fooled by the plausible
talk about "bi-metallism." What the
free silverites really want is silver
recommendation, which We should GER
tainly have il the United States opened
its minis to the coinage OF all silver at
the ratio of 10 to /.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

The professed friends of the farmer
want to make money abundant by de.
basiug its standard of value. And
then they want to make it scarce by
taxing it
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

Farmers complain that overproduc-
ton Of their products makes is impos-
sible to find market for all they have
to sell. What would be TIE result Of
increased prices, so that many con.
sumers would have to buy less than
they do now?
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

Artifcially stimulating business by
injections Of cheap money has the
same effect rs giving man alcohol.
With the reaction comes weakness and
failure.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

No one denies that our present
financial system needs reform. But
that Is no reason why we should de-
stroy it altogether by adopting the
silver standard.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

The farmer, who wants cheap money
so that interest will be low, won't rent
his house or hire his horse for two
per cent. a year.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

The American wage earner's inter
ssts are all on the side of fixed stan
lard of value. lie wants dollar with
purchasing power equal to that of
my dollar in the world.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

eve demand the dollar OF our dad,
dies" Why don't the nice little sill
yer boys demand the stage coach, tai.
low dip and fail OF their daddies, in.
stead OF the railway train, electric
light and steam threshe.?
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

Suppose that in some mysterious
manner all the money in the bank
vaults Of the country were to be
doubled in single night, how would
the men who now have no money get
some of the increase except by max
ing something to exchange for It?
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

Curious, isn't it, how the free silver
advocates who claim to oppose class
legislation will be satisfied if the sell
Ash interests of the silver producers
are recognized.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

Scotland produces neither gold nor
silver. Yet the rate of interest on or.
binary business loans IS lower than in
any other country. A good banking
system does 1t.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

Thomas Jefrerson's great principle
thai that Government is best which
governs least-should be applied to
the currency question.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

The worlds production of gold is
steadily increasing. At the same time
the extension of banking facilities is
constantly decreasing the amount Of
gold needed as basis for cur
rency.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

Why does Senator Stewart insert .
"gold clause" in an agreement to re-
turn him borrowed money? II silver
is good enough for the American peo-
pie, isn't it good enough for him?
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

A bank is merely an insurance com.
pany. 1t insures creditors instead OF
lives or buildings.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

Tampering with the standard OF
values for the purpose of initiating
the currency, is like removing the
pendulum to make the clock run
flSter,
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

Next to the protection of the right
to property a stable standard of values
is the most important factor in CON-
mercial prosperity.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

The currency which serves as med.
ium OF exchange need not be the
money which measures the values Of
the goods exchanged.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

"The country is suffering because
we have not got enough money" say
the inaatiorists. How do they know?
How much money is "enough?"
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

The low price of silver means low
cost of production. Cheap metal
means cheap money. Cheap money
means cheap labor.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

Calling gallon q peck would not
increase the value of the farmers
grain crop.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16
SHOTS AT SILvERITES.

Lowering the standard of value
won't raise wages.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

Advocates of a tifty-cent dollar say
they believe in sound money. So they
principally sound.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

The only man who would be en-
riched by currency imitation is the land
Spectator.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

An increased currency does not mean
increased wealth.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

The place for freak coinage is a mu-
scum of monstr osities.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

Mexico has free silver. Would we
exchange conditions with the Next
cans.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1895-05-16

Calling white chip red doesn't
make it worth IS much when you cash
in
Scranton Wochenblatt. [volume] (Scranton, Pa.) 1865-1918, 1895-12-20
@aS TT S@6nbeit

Sn europa betpunbert man bic
tueiBer 3dbne, in Sapun miiFen bic
3Gbne selb unb in Snbisn roth Iein.
Gine bliibenbe @sii6tsfdrbe 1T getpib
beneioenstpertb, aber bic eyrauen in
9r6nlupb ftrei6en iib bds @eIi9t
blau pber grim an, unb bic RuIIinnen
apiirben fih fir bdbli9 6alten, ipenn
fie itb ri6t talttpeib I9miutten. Sn
Periien 1T bic esbosene Rde bic f9Dn,
ffe. in Sdtti bic singebriidte Naie unb
bic Mumas pflesem bort ibren Reuse'
borenen bic Raien gu aerquetfden.
<Sn RuBlunb bepunbert man bic
StiiIpnaien. Die OeutIfen lieben bic
f6lanten 9sitaltsn, bic Siirten sieben
bus @olle Dor; mir f9dben bus CARTE
DIAL bes 9eii9tes, in ber Siirtei
iiebt man bic ruRben @eIiater. y 8ei
1ins gift eine 1obe sepDl6te Stirn als
Elm 3si6sn bon 9siit, IN @rie6etplanb
lift bic niebrige Sttrn etn Sauptmerts
mol BON S6Dn6sit. sm cipiliIirten
gusppa preiit man bic blonber unb
bic I6tpar5en Sddre, auf ben Mdrias
uenzSnieln beOorSust man bic pets
Ben. Die per!er bafen rotbes Sdar,
Die Siirten berg0ttern es. @inen tlel'
men Munb aber iddBen Ollie.
Scranton Wochenblatt. [volume] (Scranton, Pa.) 1865-1918, 1895-12-20

aud Elm minber erfdbrsner Criminal,
sbpotat genii9en, nm feline Sreiipres
dung su ertpirtsn, uRb Serr 2aflin,
Der bon ibm sEeagirte @nipalt. bdbe
ieinen sSaI umIonit iibernourmen.
Ha, ia bebauerte ben arrien 5eu'
fel, ben i9 iebt i9on fir perurtbeilt
anfub, unb Der Sag bes prOcsiies
riidte 10 beran. Wer bel9reibt mein
@ritaanen, als ia bemertte. baB Serr
2aflin, Wunot's 8ert6eibiger, nit els
ner @efdidli9teit unS elmer Routiae
i'm @sridt auftrat, dls Oh er i4on
IansiGbrige @rfabrung i'm Sadie btnF
ter iih babe. SD mertte bule aus ieis
ner eansen Irt unb Weiie. baB er feit
bon Ner llniduIO ieinss Glienten iiber.
5eugt iei unb bas ibm bies ieine Sez
rebfamteit unb feline moraliI4s
Stdrte ber Surp 9eg.niiber gebe. LIMB
In Der Shat : als i9 bic ebrli4en
3iise hes 9lngetldgten bier i'm Sc
ridtsTaal nodnals letbenihaftslos
priifts, fa9te i4 mir aud, bdB oieler
Wann tein @erbre9er fei uno bdb cine
ungliidIeligs 8ertpe9Iellng Oorliessn
miiffe bsi ben sSnoicten, bic bur4 un'
beI6oltsne 3eussn erbGrtet tpurben.
llnb als ib bieie 3eugenausidgen ur1-
b0rte ba mubte ih mir ubermals Tas
gen, baB lie Suiammen cine fat uns
aerreibbdrs unb Iiidenloie &ette BON
llmitanSgbeipeiIen eegen WuRbt ers
gaben, uno iein S9itfal that mir
leib.
Su aber begann Serr 2aflin feline
GdluBaniprnae an bic Surp. gtie
babe i6 in meinem 2eben ettpas gez
bort, ipus mid 10 eri6iittert bat =
einiae ber@eI6pprenen pergphenSbrds
nen unb TslbIt Der &i9ter blieb nidt
lt1betpegt. Mit meiiterbaftem S4arfa
finn fpies er ale Die f4pa9en puntte
na9, bic Observation-Disclosures, ipel9e
IN Der 8etpeiststte gesen ieinen Gliena
ten por6anDen tparen, unb bdrdus
Ihmiebete er bann cine neue Settle BON
9egenbepehen, bic aueroutgs rhre
StGrte mir in ber brilIdnten Pbantds
Iie bss 9lbpptatsn 6utten, bic aber
troBbem ibren @ffect auf bic 8eI4po,
rsnen nidt perfeblten- gr Dies aud
auf ben auten 2eumllno bes 9lnsetlags
ten BIN, Iopie baranf, baB tein ein5i'
ger biretter 8etpeis gesen ibn ertftire.
Nun, bas gnbe mar = einittmmige
Srsiipre9ung bur9 bic Surp. Serr
2aflin mar Der @rite, Der feinem gliens
ten sliidpiiniaenb bic Sano i4iittelte,
unb bas @lsi6s tbuten burauf bic Se'
i6porenen, Der gidter, ielbit Der
Staatsanipa1t unS ih. WunOt nabm
unisrs @ratulionen NIT GROCER Sees
lenru6e entssgen, unb perlieb bGnn
ben Saal, braubsn in Der StraBe bon
ben 8eifalI elmer pieltOpfisen Wenge
BON Reugierigen begriiBt. @r begob
itd, als iei ai6ts Dorgefulifn, tpieber
in feline alte Stellung als 8artssper
i'm 9epsra Souie suriid.
Scranton Wochenblatt. [volume] (Scranton, Pa.) 1865-1918, 1895-12-20
gfunb. 0u 6aR Dein @sre uerbOps

pfunb. Du 9aft Dein @ers berbops
pelt!~
.@ds meinit Ou Senn eisentli49-
itotierbe Mabar, gu ibr aufIebeno.
nWas i9 meine, &lsiner2 Sds
npeine, baB i9 Oein Opponent ipar!
Sebt fDnnt SIR es ia tpiiIen! Desbalb
batte i9 au9 Sir GGiar gum Diner ses
ldben. Sd batte teine @bnung, AaB
9u duf Der anoeren Seiie fparit. uno
ais Ou mir fagteft, 9u t0nnteIt i1u
baau bringen, Dir beisuitebsn, fanb ih
bas @eI9dft gu berlodenb, I'M pabr
gu iein; benn ib bra1lhte biz Millioni
@6emdrner iinb bod 5u etuas quit
fun, alter &nabe, rtintm hsn ;Gbed nn6
geb' na9 Ssonte Carlo! Sd gebe btel>
leifh ipdter au9 ba6in, ipenn t1 3eit
babe! Sd bin Dir iebr bepbunben iiir
bic Miaion, tpelbe Ou mir in BEN
Weg eeiporfen. unb gebe Dir gerne
fiinf3igtnuTeno pTunb bubon! Ou
fannit aud Define &asga6en in Monie
Gdrlo alf meine &e9nung IeBen! SS9
sldube, 0u tptrft Die Spielbdnte ni6t
70 lothian finben, ipie ben 2pnooner
@eiSenmdrtt! Getoer tann i9 jeBt
ni9t ldnger blei6en, ba Die 2eute,
tpelde auf metner Geite ipeculirten,
um neun ll6r mir gu @bren elm Diner
sebsn. 9riiBe bic &tnber unh Jag, t9
tpiirbe ite balb NAL beiudeH = bas
betBt, tpenn Ou iie nt9t nit na4
Waonte garlo ntnunf! 2lOieu, aSieu!
Sab &9t auf Did unb Oeinen Gbed!
@elei9t ieben mir uns in Monte
Gdrlo tpieber."
Siernit DerlieB Sodn bas 3intmer
unb tpi,tts no9nuals aug benz Wagens
feniter, ipGRrenD Sobn gang psrtpirrt
in Der Sbiir itanb, tbr ndhItarrte unb
taum bel Sa9lase begreifen tonnte.