Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1895-11-05

larged use of silver, as the gold
ties glibly talked, gave it the fa-
tai blow by the concealed dirk of
the parity clause. Finally by the
repeal of the purchasing clause,
of the Sherman law and now
the recent order of the Secre-
tary of the Treasury closing
the mints absolutely for the coin
age of any more silver. dollars,
the demonstrations for thepres.
ent time completed.
The parity clause in the Sher-
man law was, however, the fatal
blow to bimetallism. The inter-
probation put upon it by the Sec
rotary of Treasury making silver
redeemable in gold virtually de-
monetized all our silver money.
Since then all the evils that Mr..
Carlisle prophesied would follow.
The demonstration of one Of the
money metals have come literally
true. Every except he
draws a fixed salary-who was
in debt to the extent of one-third
If his holding in 1890, is to day
bankrupt. If he isn't already
sold out, he will be in the next
two or three years. Land, hous-
es and almost every kind of pro.
perty cannot to day be disposed
of at any price. Farmers who
were practically out of debt in
1890 are now besieging the real
estate loan agencies for money
to meet the loss on farm opera
ton of the last few years. To be
sure no one in these bountiful
years suffers from hunger here
about but many, very many suf-
fers from want of clothing, fuel
and shelter. If we look into the
cities, and mining regions people
are starving by the hundreds and
thousands, Notwithstanding
cheap food. In the country at
large half the laboring people are
unemployed. Those who have
employment at fair wages with
corporations and trusts that can
tax the public at libitum for their
expense are of course alright,
and in fact prosperous, while
this state of affairs last, that is,
as long as they can keep their job.
But the middle class of produc-
ers, on which the whole super
structure of society rests and
feeds, are all but totally ruined.
There is no exaggeration in this
statement. It is but the naked
truth. No man not purblind can
deny it. The next thing we shall
see solid business houses tum BILE
like a wall from which the foun
dation has been removed. ." They
are already tumbling. Minneso
ia for the last nine months record
ed 234 failures, assets 81, $40, 974.
90 and liabilities $685., 656.00
These failures all represent sole
business houses like N. p. Clark
Clough Bros. ETC.. The weak
ones went down two years ago
You cannot take up daily news
paper but you can find some Ma
tional bank, or big business con
Germ closed up. -
This is the prolonged distress
and: disorganization Of society, ,
that John G. Carlisle said: "mus
inevitably results from the per
manent humiliation of one half O
the metallic money of the world.
Where is this going to end? I
will end, il the cause remain il
Operation, as it has always end
ed, in the ruin of civilization
The mighty Roman civilization
ended precisely in This way
England is now one step ahead Q
! us on this. road to perdition
1 She adopted mon -me tallism i
i 1916, and b. it reduced her com
J, mon people to serfs. and the fea
! to a luxurious and profit gate aris
!, tocracy The best Of her inde
i pend subjects emigrated /
1 this country , ut for that SAFE
nIty valve she would have had
{ 1seige ofterror before this. IA
Isubmis sives servile class stays .
) Ihome II slaYe 49,.
But where is the outlet frol
tlthis country " here IS the ne
.Icontine lent for the down trodde