The Meeker herald., 1895-08-17

The Eneniso of That Metal and Their
way of Controlling Coinage Through
0svernnent O@cials.
(W. H. Linn in Chicago Record)
Shall we abandon silver and adopt
= single gold standard for the benefit OF
the few who do business with and are
In direct correspondence with England,
or shall we have gold and silver at
rates fixed by congress. constituting
Tie legal standard Of value in this coun-
uy. and in which the interests of the
whole people are considered?
I can readily understand why any
creditor nation wants to and can maip-
tain single gold standard. But the
united States Is not creditor nation,
ana except in finance does not care
whether its policies are pleasing to
England or not. Indeed, they are often
shaped purposely to be in opposition
To England. 1t is little strange that
the greater number of those who now
favor monetary system that will con-
FORM to that of England are men who
i"r the last thirty years have been
striving to destroy all commercial rela-
tons with England except when we
were the sellers and the English were
the buyers. We always have had, and
always will have. disturbing element
Ia this country to interfere with its
prosperity. 1t is the result of insatia-
bic greed.
The so-called industrial states,
through their representatives. have
fastened their fangs in the agricultural
states and have been sucking their life
blood. They have not only shaped the
revenue policy of the government In
their interests. but the financial policy
as well. and as result they have pos
sessed themselves of nearly all the
money wealth of the country. II our
revenue and financial laws are Just and
equitable, how is 1t that nearly all the
money earned has found its way into
the hands of the non-producers? There
has been great wrong here, and now
the question arises: Shall we submit
to this dictation any longer? Shall we
assist in perpetuating their power. or
shall we think and act for ourselves?
Wall street - the bankers, brokers,
money-lenders and speculators, who
have placed themselves in line for
single gold standard-has found in our
late presidents willing advocates Of its
schemes. This was no doubt under
stood when. by insidious methods, sill
yer was stricken down In 1873. 1t was
understood when Wall street sounded
the alarm of panic. While Mr.. Cleve-
land was using the patronage Of the
government and bullying congressman
into the support of the repeal Of the
Sherman act, the bankers were calling
IN loans and getting up petitions to
sDngress in the line Of their interest
Entil the panic got beyond control, and
they were doomed to suffer with the
was to at once restore confidence! Dur
ing the first nine months of 1898 Brad
street gives the liabilities from failures
at $274.745.496, against $26, ,161 .414 dur
ing the same period in 1892. Wall street
srs got tangled in the meshes 80 that
they had 300 failures. with liabilities
Of $155 5.256, 1928, against seventeen fail
ures, with liabilities of $6,501, ,809, for
the same period In 1892. Did Mr.. Cleve-
land and his adherents on this question
believe that they could close up the
mines in a dozen states and territories
that were producing precious metals.
giving employment to thousands Of men
and giving a market for all kinds of
and farm products, with
out paralyzing every other industry in
the land? Were they fools or selfish
to cfi lac RI pf Vot-
ness. The people are still waiting!
They are waiting for something! They
are waiting for the prosperity promised
by the president and his adherents that
was to follow the unconditional repeal
Of the Sherman act.
I am anxious to see this country re-
stored to its normal condition. Hence
1 am in favor of the restoration of sill
yer. I will be satisfied with the free
coinage plank of the democratic plat
form of 1892 with an honest man upon
It who will construe and execute 1t as
was intended. II this plank means
nothing, then Mr.. Cleveland helped to
fraud upon the people. If
II means what is on its face he was
untrue to himself and false to his party.
Had his present policy been outlined
before the election he would not now
bs president. The "robber tariff" was
the major issue of the campaign, but
II was much subordinate to mere in
cideut of the canvass. and congress was
called in extra session for the sole pur-
nose of further degrading silver as a
money metal. No device of king or
clown has been left untried to destroy
n. value as money. Mr.. Cleveland has
1t as cheap money. dis
honest money, unsound money. till 1t
looks as II he had exhausted his vo-
cabulary to hnd means to turn 1t black
and greasy. Silver was not cheap when