Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-07-07

/ Ifhltl ub 70 alluN Nut neAf1 hVhhAf'At ~
getting possession OF the bulk Of the money
OF the world. to raise the price OF that money
then the commerce. industry and people OF
tho country arc put at the mercy OF ayariee.
and thoy can be compelled to pay as high
rates for It as tho shyloek'a may demand,
and the greater the need Of the people and
the greater their demand for such money. the
higher In the scale OF value will Il 30, and
the lower will be the prices OF all commodI-
ties whom you offer them for money.
It Is absolutely true OF money as Of all otchr
| commodities that the greater the demand for
/ It. the higher will DO the market value. and
the more property Il will require to buy II.
There is no difference in the rates regulai-
ing the value Of money and those regulating
| the valuc OF commodities.
The laborer. mechanic or farmer, when he
wants money goes to the man who has It to
soil or loan. and offers him so many hours
OF work or SO much Of his products for his
dollars.
The farmer at tho beginning Of Mr.. Cleye-
lands administration. In 1892, could buy 800
in gold for 100 bushels OF wheat, but last
year he was compelled to pay for the same
amount OF money 200 bushels OF his wheat.
The scarcity Of the wheat crop this year has
raised the vaiue OF wheat until you can now
buy a hundred dollars with 1873 10 bushels.
This increase in the price Of wheat. caused
by the devastation by frost and drouth OF
about ono-third Of the wheat crop Of the
country, tho demand remaining the came
is strong proof that the destruction by law
OF silver. which comprised one-half the re-
donptlon money Of the United States has
by compelling gold, the other half to per
form all the functions OF money which had
formerly devolycd upon both metals caused
sold to rise In value twice as high as 1t
was when silver did half It's work. So that
the proposition Is true that as you increase
the demand for gold you increasa It's value;
and as you increase the demand for silver
you increase its value; and as you increase
tho demand for currency. redoemsble in gold
or silver, you increase the value OF such
currency.
Ia It not plain then 10 any man Of com
mon sense that II tho laws Of a country
permit the money hoardcrs and money lend
era to compel tho payment Of obligations In
the particular Kind Of money designated by
them. that It will always be In their power.
by concert u action so easily attained now
BY telegraph lines and ocean cables, to
double the price Of gold or silver currency at
tholI plcasurc7 But change the present syn
tenn awhile and give the debtors a chance.
give tho money user. the wealth producer.
the borrower. chance Coin all the silver
and all the gold brought to tho mints untii
We have }25 por capita In coin; then issue
To the people therefor paper currency Of
equal amount rcdeemable in either gold or
silver at tho option of the government. and
make tho gold. the silver and the paper cur
rcney full legal tender Tor all debts, public
or private and provide by law that the
debtor AT THE TIME OF PAYMENT. shan
have the right to pay In any money he
chooses and that all contracts speclfying the
kind Of money they shall be- pnld In shall
not be enforceable In the courts q this coun-
Try. and you will never again 500 any ma
toriul disparity between gold. silver or pa.
per money. And why IS this a07 Simply
because ihoy who owe dohm win. Of course.
pay thcm In the cheapest money they can got.
ana tho demand on tho cheaper money will
continue until iu scarcity will raise It's val
uo UP TO the other two. whom Immediately.
debtors will cease their demand for II. and
commence paying In whichever Of the other
hhda OF money Ia tho cheapest. untn that
Kind Is brought up on a level In value with
debtnrn ma c,.d,,o.. a., NJ are
viii the ,broo tl,ds %, -. ''''1' 80 'u"b
,o,i,y ,.,t, ...t ~. '''i'" y"
pnas bowoyor yory s.,, "91'u .ou,' ="
c,,,ori..s, -, y, '' va account OF the
hs,sd ,,n,r r,,,. -, p'p'' 'noney mus
nv ali r,,.,.. ~, -. ,1O.u III uou,a"u
rliyor ,rt NJ, 49, - e. e''''V' s''u OF
ever n,o,,n, r,,,,r No., Wv, ~ .''ih Nou'u
rodsmntlop orron, ~ A., '"o g'aAuFs Tor
slive- bri,,,, ~ '' "ssH'u goa OF
9, -i.,, 49,, 80 '"S ''''
,,,,,,,,. ',Lrr,.'' - $50 ,'''u'"'y carlisle
.,.sa t,, ,s -, '"'u' - most 70 be de-
biIitv In ,aiua T., m h' anu II sta
sn1 ,,a ,as,'- ""@1 'HI' 10 tho creditor
ought to be naopt,d, ana 4, :, -. , tI''''''',
that the Democratic ,s,,, -, '"u
this Union slnti mover c.os, q, -
forth "''N0'
That tho great mas,os n, ~. n....-.,-
party have been nlsrcnrose,,a., ~
pointed by Mr.. Cleveland ~, nj. 'l a'''p,
vital queatlon. wa ,r,,,, ,s.,,., - a''u
appointment should tc,ch "a, a -
to be forgotten. Mr.. cto,si,rd.a 80 80
In tho olty Of Nav, WI 4. ,,. "O"'v was
Of wan street. III, aruoc,o,os 49,, .''''OVs wy,
promoters wer. no, ,ba Nj. us wa
classca o. pconle I'M, ,ho n,m,t.' 'D'l
banEcrs Of Nov WI ~ :, :. anu
was this olass n, trior,s 49,, 80. "oi'u'
the power Of tbolr ,',,,,,' "'t' w
'NAf ." Att kEtAl o.