The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1895-09-04
A INDUSTRIOUS ATTEMPT
Is Being Made by the Goldites to
Force the People to Do Some
thing Which Can Not
BE DONE WITHOUT DISASTER.
There Is No Necessity for Issuing
Gold Bonds and Thereby In
creasing Our National
Indebtedness.
OBLIGATIONS OF OUR COUNTRY

OBLIGATIONS OF OUR COUNTRY
Payable in Gold in Silver Coin-The
Present Financial Policy Fatal
to the Toiling Masses.
Charles J. Happier in Silver Knight
The proposition of the president and
cabinet that all debts and obligations Of the
United States should be paid in gold is
question frauSht with the graves: conse-
quences to the people Of this country. 1t
is ono which involves the best interests
and material welfare of the great masses
Of urritizens 1t Is onein which the sup
posed necessities of the people are made
the waiic the cxcnse for loading them with
additional taxes. large increase in the
nstional debt, ami IL pledge and Obligation
to pay in metal which they have not Low
got, and which they can. not get without
enormous sacrifices anil suffering; and nil
this is to be done simply TO crafty and
sntin:e the selfish purposes aud ayulice
Of spectators in money. who have n corn sr
on gold, the metal tiey nre attempting to
toist upon our people Mt high rate ct
interest. and to impose upon Us the single
gold standard in coDtraventlon to the de-
clured policy OF our government as ex-
pressed by Congress. and against the
wishes and desires of our people. I: is an
attempt to reni asunder ut one fell blow
the bimetallic cord OF our financial Sys-
tenn aud to inangurate the sytem OF Eu
ropean finance. which would be most dis
astrous to our prosperity and oppressive tc
our people.
1t is an effort OF the part OF the in ter.
national gold trust to make the people oi
the United States to pay in money other
than that Of the contract, money which
is constantly appreciating in value. q none
which is now at a high premium and
which is daily increasing. 1t is mon
strous attempt to make our make our peo
| pie obligate themselves to do somethin nc
which can not be done without ruin.
There is no legal or moral reason why
the people Of the United States should not
pay in the money of the contract, especi
ally when it is to their interest to 30 so
To carry ont the theory Of the presidrn,
and the secretary of the treasury woul he
fatal 10 US. In fact, it cannot be done
without g continual isSnc Of gold bonds
aid thereby increasing the national debt
1t seems remarkable that u times of peace
and abauiant harvests the people shonlt
be buriened with AZ enlarged national
debt. There is no nee .sSity for It if the
laws are administered and interpreted a
they Should bc--that is, more strongly il
favor OF our peo pie and ,n,st Stringently
against those who are cu.le 'vorius ta take
advantage Of them.
As before remarked, there Is DO necl oil
issuing gold bonds and the consequent in
crenS- Of onr national debt. The lass oil
the Unitc,l States authorizing the iSs,nr Gu
Of OoIi.lS give the executive department
a!up!e power t" pay the obligations of tiki.
country in coia. The great difficulty l.;
that those laws have been construed in
every instance in favor of the bnulhoi,,sc
and adverse to the people,
This government has reserved to itself
$, ,,ki
| cor! poscti OF ci.hcr gol! or silver and all
laws which authorize the Issuance Of bonds
contain suca a provision: If there is not
enough sol;! in the :;ea:Sury TO meet the
demand for that lnetal. why Sho:.ll not the
government Exercise IT'S "l'tirn To pay in
silver instead o! hnyiug gnl,l au.l going
into h.bt? Why Sho"i.i r:.t this ..e done
wlrn VT lie ri,:,s ~ IL, j., ard whcI,
it veal! Ge 10 o.lf benefit ami advantage
We should nnt con!i:!c "nr>c!",.> ~ the pa, :
m:i:t of one metal VIII II W. hay" tie priv
| lese to pay IN two. We Shnnl:l nrver cor
sent t" Weld mp this option to t!:r crrdit,,r
and allow him to drain our treasury Of
gold for speculative purposes AMI for eS.
pc,t when, 10y the simple Exercise of tie
discretion conferred upon u by law. We
can pay in silver AMI ratA::. oar yo!.l.
Il Is a question Siap!y of business.
What wunld be thought OF the Shrcw.lnes-,
sagacty, wisdom and tact of Innn who
had incurred q debt payable in coffee AMI
sugar, and ou its maturity finds shat lie
has more Sngar timn coffee. AMI decides 20
pay in coffee and sci his sugar at il ..rs,t
loss IN Order to meet his obligation III cuf.
fee? Would he be ...:n~id. red wise? Would
any one feel compHinepted if corrected
with S"ci Il man in l'',sinrsS? Why Gin
not this illustration. t.. lik-ned to the con-
ditiou of the Unite. States to dmy? This
obligations in either gul.t or silver coin
Spectators, for n!arc"rinry ends, are
making raid on the treasury for gold
which they are exporting to foreign u,,ln-
tries to enable them to miint.in the gold
standard, ont of which they make roilsid
erable profit The: c..,irot obtain gold
from any other Sonrcc Xce;.t this cnnntry,
because Germany, Great Britain nn,,
France protect their gol!by carr, ing ort
the law in favor of tn" people.
If spectators or exporters ot gold call
on those countries for gold tor EXPORT they
pay them IL silver an! lh.yare hot con.
sidered dishonest in doing so.
The credit and honor of the Uuitc.l
States have been impngred and called in
question by these mnncy-lcndtrs, because
it was Intimate, that the government
would pay its obligations in the money of
the contract, in the money it agreed to pay,
and the president and his secretary of the
OF the treasury have taken sides with them
against the Interests of our people and,
;1StIn,i Of administering the luWs favor
ably To the Nation. they have allowed these
spectators foreign attachments to
their nanrs-t" ,lrpltte the treasury of
gold aud canse Il pretended necessity for
the isSunnle o: yn!.l bnn;iS t" rc!leniSh it
and afford them good and safe investments
for their Idle capit.l.
Now, it is useless and unnecessary as
well as disastrous, to go in 4, bt when we
have the right to pny in silver, of which
we have sufficient to meet AL our obliga.
tons. II the law is executed in favor of
the people by paying ont silver instead of
borrowing gold these SvcculntorS who