The Middleburgh post. [volume] (Middleburgh, Snyder Co., Pa.) 1883-1916, 1895-05-09

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simply presentation of the argument
in favor OF sound money"
III there is any argument in favor
OF his sound money policy which he
has adopted and forced upon the
country, we should have it at once.
He has alluded in his public
speeches for some time to Sound
money" safe currency" but he has
never as yet explained to the people
what is Sound money or safe
currency? Can you?
He acknowledges that we are in
time of misfortune and depres-
sion and If he would only tell the
people what Sound money is they
could draw their own conclusions as
to its effectiveness.
In his letter to Geo. Northen he
was in favor of the unconditional
repeal of the Sherman law. aud he
was very much astonished at the
resistance in the Senate to such
prompt action as would relieve the
present unfortunate condition. His
prediction to the repeal rallied to
the boards of trade, and the dealers
in money and bonds, called business
men, and enabled him with his pa
tronage to overcome this opposi-
tion in the Senate, and the people
ask for an explanation why the re-
peal of the Sherman act did not re-
lieve the unfortunate situation. Can
you?
His last sale of SG2, 600. coo of bonds
to the Rothschilds syndicate for 80,
600, 900 less than their market value
to obtain gold to maintain gold
monometallism, is some evidence of
his familiarity with ''the forces of
safe currency. Will you please ex-
plain under whose wood.pile the
negro sat in this transaction OF
course, this lis great stay to the
faith OF sound money men to have
such President who is uncompro-
missing in his hostility to IA debased
currency
In your article of March 2Sth you
would pose as national bi-metalist; /;
but in your article or puff of April
timely letter will be an inspiration
to the Chicago meeting of sound
money men, and great aid to the
cause.
Have you since then changed your
opinion, aud declared for sound
money policy that has destroyed
one half of the worlds metallic mon
d ey and enhanced the value of the
other half fully 100 per cent
4 Have YOU declared for Sound
money policy that will compel the
4 debtor to give more than double the
amount of property to liquidate his
4 debts, than the amount of money he
1 borrowed would have purchased at
the time he incurred the debt : III
not, how can you indorse Cleveland s
letter! In your article of March 2Sth
you say: "the United States is giving
both silver and gold full legal tender
powers for all debts both public and
private If this is so, why did Sec.
Carlisle not pay silver dollars when
silver certificates were offered at the
Treasury? You also say that "the
actual value of our coins depends on
';snae weight of the pure metal they
contain" Is not this actual value OF
the gold dollar, you speak of fixed
by England, France, Germany, and
the United Statesl And is it not the
use they make Of gold as money
that gives it it's actual value you
speak of
2Gris estimated that if'goid should
not be used as a money metal, there
is enough mined to last in the arts
and other uses from fifty to sixty
years. III this is correct, what
would its actual value be, if not
used as money metal? If the diff
ferent nations should pass laws
prohibiting the raising aud manu-
facturiug of cotton and cotton goods
would not wool be king, and what
would be its value? Or if they
should prohibit the raising of whear
and rye, would not corn be king and
what would be its value?
Is 1t true, or Is it not that gold
dollar will purchase from two to
: three times as much goods now as
1t did thirty years ago; and that
your actual value in n silver dollar
will purchase just as much to-day
as it ever did, gold excepted. The
condemning of silver because it does
not circulate in the gold standard
countries at par with gold, is similar
to clipping bird of its wings and
them damming it because it will
not or cannot fly.
Every dollar at party Here is
Hon. Joseph G. Sibley's illustration,
and defines Cleveland's catchy
phrases, sound money" parity,
national credit" patriotic devo-
ton etc, that cannot be successfully
contradicted.
II, as business man, build an
elevator capable of holding /, 900, 0OC
bushels of grain and invite the
people to deposit with me. They
bring 100, 900 bushels of wheat, 300,
600 bushels of oats and 600, 900 bush.
: els of corn, and my ware houses is
full. l issue certificates against the
grain-the oats, the wheat, and corn
and go away and attend to other
business. But my hired men whom
/ left in charge of the business give
their own Interpretation of parity