Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1895-12-10
THAT "CHRISTIAN DOLLAR -

! y ODD. IlSeWuCIC Ill
these columns will be found d
communication from Mr.. II. D.
Stocker, Jr.. in criticism of the
language reported to have been
used by DR.. Wayland Hoyt in his
discussion of some religious sub
Ject, at the Hennepin Avenue
Methodist Church on "Thanks-
giving day." While the letter of
Mr. Stocker is verypointed. new
erthele5s if Dr.. Hoyt were cor
rectly reported. the criticism
therein made is only just.
aow a Doctor Of Divinity can
stand up in an open pulpit. before
an intelligent public, and pro-
claim to the world thai ''every
wage Garner, every land owner,
has learned that it is impossible
to legjslate fifty cents up to one
hundred cents, and that they are
bound to have all honest. sound
dollar. which is also christian
dollar. . is quite beyond the
comprehension Of the writer
at least This fact may not be a
surprise to Dr.. Hoyt, but his an
nouncement will be ivory start
ling to the business World,' and
particularly to ''every land
owner. # that land owner hap
pens to have d mortgage upon
that land. Let US illustrate:-
In answer to the declaration of
Dr.. Hoyt we should have been
pleased to have summoned two
prominent Minneapolitans to
have made reply to that dec
laration then and there Those
gentlemen spell their names
"Georgo A. Bracket and
Charles M. Loring, 1.-TWO gentle
men whose connections with the
business interests of this town,
and whose work on behalf of her
public institutions and private
charities have earned for them
! listing monuments. If we could
have done this. we believe that
we could have demonstrated to
| DR.. H0yt and his audience that
every land owner who hap
pened to owe anything on his
property'' had learned how it
were possible to legislate n
hundred cents worth of property
down to fifty cents without
the slightest trouble in
the WGrld-and that too within
the period of three short years!
When thepeople of this country
first realized that silver had been
"uomo'lejized, . and that "a
single gold standing standard:
had been adopted, the year 1891
had come mighty near being
closed. To be sure the law de
monetizing silver, was passed
in 1878, but it was SO re- amped
and redoctored in 1879, under
the Bland Allison bill, that every
American citizen had a right tc
believe the ''stain and disgrace,
if not the crime Of 1873" had
been forever wiped out.
The insidious clause which
Congress permitted to be in.
serted into every monetary
contract-''payable in gold
b did not make it's appearance in
practical business until after the
panic Of 1890 had passed away.
1t was fully two years before
the National and State Banks
had determined upon the adop
ton of the that particular per
: MISSILE clause in their mon
etary obligations. Hence it was
fully the beginning of 1892, be
t fore the people of this country
realized that 'one half of he1
| metallic money" had been de
: stroyed by legislative enactm ent
The destruction of that money
f has not only reduced the price o:
: silver bullion As per cent in the
r markets of the world, but it has
l. carried everything else in th<
line Of com modities down with it
including the value of''lands.''
. In 1891, the representative O
3 one Of the leading Trust Com
panies Of this city, valued tn
t real estate property of Mr.
George A Brackett,- So per cen
5 of which was among the best i'm
3 proved wholesale property il
3 this own,-p]acing the total val
: uatiOn thereof at about ST 200.