West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1895-12-12
MONEY AND orHER THINGS.
BY ARoN w. FREDERICK.


money is bimetallic, gold and silver.
The advocate of free silver contends
for silver rs well as gold. lie is in
no sense, as often misrepresented,
an enemy of gold. The bimetalis,
takes the constitutional aud con-
servatlve view of money. The
goldite mono. metalist rs the limo.
vator, the revolutionist. the anarch
ist In the financial world. The
goldlte reasons from false premises.
If the remonetization of silver
would decrease the purchasing pow.
er of money, the demonetization OF
silver has increased the purchasing
power. Decentralization of silver
was initiation of the gold dollar.
What the bimetalist advocates of
silver wish, is not dollar with q
two. fold purchasing power, but n
dollar that will buy dollars worth
as the Constitution and practice of
our early patriotic financiers in
tended. Restitution Of normal val
ues is honest money, not the mp.
holding Of this anarchistic. uncon-
stitutional gold standard. The gold
stan dard initiates concentrated
wealth at the expense of labor. the
creator Of wealth. III it were a
question of imitation better lean to
the side of labor and the common
people than the boarded wealth Of
a moneyed few. But it is not. 1t
is question of right and fair deal
ing under the Constitution. The
charge of dishonesty, initiation. and
greed brought by the goldite against
tho friends Of constitutional money
Is piece of orazen impudence.
They have wronged the people and
charge their own vices against others
have been asked what effect the
reconciliation of silver would have
OH our foreign trade. | can answer
by stating the effect the gold stan
dard has upon our trade with our
American neighbors, Mexico, Cen.
tral America, and the South Amer
lean republics, whose trade natur.
ally and of right ought TO be ours.
The Mexican dollar, for instance,
is OF just the same weight as our
American unit dollar. But the
value of the Mexican dollar is
about half of ours. Is i: any won
der, then, that England carries Oft
the trade of Mexico 1t takes two
Mexican dollars 10 buy a dollars
worth from us. In early days these
Mexican dollars were legal tender
IN this country. But the English
gold idea prevents us from realizing
TO the full benefits Of the Monroe
Observation-Disclosures for Ameri-
cans" We lose orr opportunity
to build up republican institutions
on this continent. to do our duty
as nation TO our near neighbors.
all for the sake of satiating the
greed Of class that despises the
masses of common toilers. We
crouch at the feet of England. Can
we remain her financial bondsmap
and ut the same time be politically
free?
Shall silver, the peculiar money
of the New World. SO beneficent in
the early development Of our couD-
try, be restored to the people for
further service aud usefulness Or
shall the gold standard reduce us
to the hardship Of bartering article
for article, and return us to the in
conveniences of the barbarous and
dark nges The diminution in the
money metal in circulation, bisto-
rians tell us, turned backward the
hands on the clock of civilization
for thousand years during the
middle ages. Can the same con-
traction of money, destruction of
one great money metal Of the world
take place, and civilization not be
affected The stealthy dcmoneti-
zation Of silver is the silent step Of
anarchy. God grant that Justice
may rule and our institutions sur
Vive
To The ARGUS ! most sincerely
return my. thanks for the publica-
tion of these articles. have aimed
IN my weak way 30 tell the truth ms
/ know il, to call attention TO the
w Ihi hlf VI our UUhHClcId from
the Constitutional grounds and the
early landmarks Of the Republic.
and to speak Of Inc dangers that
beset our existence as nation Of
freemen. / have written this as
matter Of duty, believing that tho
money question is basely msropro-
sented by The single standard aris.
tocrats for their own aggrandize
ment, at the expense OF pauperiza
ton 20 the people.
To THE ARGUS, / repeat, / re
turn my thanks; for political in
Huence and mercenary consldera.
tons prevent many newspapers
from giving space to she truth re
gardiHg United States money.
When The breezy blooming bloom
ers are universally the 90, how will
tailOrs press Creases in them, we
should like to know ? When the
baby's head Is uodding and wants