The Yale expositor., 1895-10-18
Free and Unlimited Coinage Would DO
for America the Reverse of Everything
That English Gold Standard Advocates
Say II WIN Do--Plain Talk.

The Nebraska democrats, those of
the goldite persuasion held a conven-
tion at Lincoln, Neb., the 9Th instant,
with about six hundred delegates from
all counties, present.
No silverites were allowed, therefore,
the convention declared itself the reg
ular state democratic convention.
The resolutions. as a consequence,
were Infamous. They indorse the pres
ident in emphatic language in his rob-
berry of the people in the last issue of
bonds, and in his policy of misinter-
preting the currency plank in the dem
ocratic platform upon which he was
elected.
They continue: I'VE insist upon this
policy" THAT of the presidenD las
especially necessary for the protection
OF the farmers, laborers and property
owning debtors. the most defenseless
victims OF an unstable and fiuctuating
| currency"
What clap-trap, Probably nearly
every one OF those delegates were
either usurers by profession, or bor-
rowers of money in the clutches of
usurers to an extent that they dare not
say their souls are their own.
With this class, that Is the spokes-
interest in the plain people, laborers,
etc, merely to deceive the public.
| They know very we'll that they are
talking for their own short-sighted
profit, and care mighty little for the
people they rob in their method.
The resolutions go on: Free silver
means poorer money and less OF 1t; 1t
means less wages for the laboring man
and less actual money for the farmer,
and very much less credit. as well as
money, for the business man; Ii means
| bankruptcy for all save the mine own
ers."
What liesl Free silver would do the
very reverse of all these things, be-
cause free silver puts more money In
circulation rather than less. 1t would
restore the farmers normal price of
cotton, wheat and other allied pro-
ducts, to double present values; rem
der safe the manufactures of this
country. who, in competition with sill
yer basis countries, are now threatened
with ruin increase the wages of the
worker in the demand for his products
| through more money and better in
comes to the farmers; make credit bet
ter for the business man in stopping
this currency contraction due to the
exclusive gold policy; and IL honestly
carried out by an administration at
| Washington, 1t would at once stop this
robbery of the people in the shape of
more infamous bond issues, and would
tend to make trade stable by stopping
| these constant agitations due TO the
scare induced among usurers and mon
ey lenders through raids upon the coun-
try's gold; all this would be the effect
of free silver, although, as The Item
| has recently said, even free silver is
not the cure-all of our currency situa-
ton. 1t is in that direction, that is ALL
II is in the direction of more money
and less misery"
But this convention does not stop with
| the above declarations; 1t resolved that
the governments outstanding paper
money lis a menace against the ma
ton" therefore 1t must all be destroyed
as accords with the presidents mess
age-in favor of another currency de
vised by a competent non-partisan cur
rency commission
This part OF the resolution was
brought fresh from London, where II
was originally concocted; the chairman
a ~ oooyap.{on having onIv arrt,od
the same day of the opening session
straight from London for the purpose
of presiding. AS the resolutions were
all made and passed on the day of his
arrival. in all probability they were all
preparer in London for American in
dorsement. And Endorsement they OBJ
tanned with no delay or opposition
whatever. The haste was remarkable.
What a convention! And in a silver
state. tool However, 1t was packed to
order.
But II does make the spokesman of
delegates of this class howl when they
read dispatches such as the following,
showing the present prosperity of sill
yer basis countries. This is taken from
inst, it being reproduced from the Bos-
ton Herald:
"City of Mexico special says the coun-
try Is booming Hotels are full of peo-
ole and mills are running extra time
There will be bonanza corn crop this
autumn. Mexican capital is beginning
10 enter new lines of investment. The
banks are gorged with funds and the
government has large revenues"
Travellers in all parts of the world
are now daily sending home cores
,ondence to show that the only pros
porous nations in the world today are
he silver basis countries. Every one
u them is expecting a degree of pros
,erity heretofore unknown. This Is all
,ue to the unnatural premium OF 100
,cr cent they now possess in the pres
mt price of silver when they sell at
ONE or to gold-basis countries; their