The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1895-03-08
FINANCIAL PEACE
More Desirable Than Prosperity
SAYS a New York Banker.

NHA$ II lN(W tVi -
Mr.. NJ. Freese, one OF the goid a
hrrs n New York City, pleads ior .
financial peace" now that the
money 81 the entire country i com \
merely under the control OF less
han 200 gold gamblers. He real
;zns that farming and laborng m Il
trrest. have been driven TO the wan
bv the gold monometallsts, ana iot
,Lem To be able to reap harVes.
now he urges financial peace.
ne thus writes the New York Com
mercial Advertiser.
II has been unfortunate Tor thel
commercial. industrial and agricui-
,nral interests OF the United states
and Of the world, that they have been
compelled for period OF 81 year. year.
} to conduct their affairs while . heice ~
-trpuole has been going onto change
r ,ho money standard OF the world
r Far ~ vear- this financial war haS
been waged in the United states
i The victory has been first on oh' y,
" eide and then on the other, but VIII
uncertainty prevailing during all I'M
!, period a. to what would oc VIC '
II result = Ills conte.
= are money owners on one sac, an ~
Of all kinds Of property holders on VI
) other Money j. the measure J,
=. values The volume OF the woriu
a money controls the prices OF !, !,
in worlds property. TO increase ,' =
he worlds money every one knows
- increase the prices OF all KINDS
m ,ronerty This Is called 'lnil
;tb Han To reduce the world mo
ed ~ i to reduce the prices OF all KIN
r. ii the worlds property ms
,ha called contraction.
ade FIFTY CENT WHEAT.
~ Europeon money ownerS,oo y
len- ac, met in conference and deci'
tally Nat Il was to their interest 70
OF Jnce the volume Of the worl
rtu Money The quantity OF gold IN
the mnrld was practically equal to
quantity Of silver; and It was a !
Pa. ,er of serious discussion whe
teen thav should destroy gold none
lllest silver money. At tnat 'ii,ie
the cants Of silver in the United p
would purchase lo3 cents Of
.or, ria conference finally dec
,helthat il would destroy silver
.oun- money metal. 49,,
;ans The amount OF the world
! and gold at that time, IN r'
was seven thousand
! anl;on dollars, thirty-tive nun
.oach millions Of gold and thirty-tIv,e
4, basJred millions Of silver. TO dc
rm;nc silver or gold as money
would. at one blow destroy one
handl,ba price Of all other forms q
,mnahlworld's property, the wages Of
R,ark and the products OF agricu
deep All those PcoPis y l.ro ,ba;r
driven were IN depl WIN ~ III !
doubled in effect, and all y
Lenders would have the val
prl"4g ,heir incomes doubled. or
ohe = other hand. the farmer, IN or
49, - buy hi- tax receipts, must no.
- n ,wo bushels of wheat to the uo
placed taNes' i.. !. 10 no. cave one bushcl
~ dollar of tax when wheat va
u~trlah ing at 81 bushel.
follows IS the plans Of European {
black .rare accomplished in one
I. The trv after another, prices
irving worlds property began 70
!. This l'ad been expected. One
poS -Ible cnuntrv after another became
rupt like Argentina, Au
le diff Egypt, Turkey, Greece, 9pa''
!, n may R,azil. and suffered from
i phon trade depression and com
ng test distress. a. seen in the Oni'e
With the and throughout the worlu,
accent. The great obstacle to the
phono- ,,;.hment Of the plans to !,
continue lie silver, was encountered
the United states, ana y
ch natur until November, 1893 tina
Sorbonne sistance was finally overcon
intestinal passage Of the bill to repea
Cts In yer purchase act !,
lerree he The country has now ma
,ct- have wear in which to feel the
whole OF the further decline IN prol
that they produce, and the liluldatl
than in ally resulting from this rep
with prices now APPROX
r used in an equilibrium with tne
: ,be sea volume oI the worlds mo
ker. whic II probabilities are that
= When reached near to bottom
\" ae,al such established new basis W
non;tor re- business may safely be !
Finland. The difficulties which the
ah;ra ship money standard, and tart
! and ! bell have caused the governI
ury, may for oriei ''n