The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-10-23
4 REMARKABLE ARTICLE.
The Gold Supply-The Horrors
That Threaten the World.
THE ENTIRE GOLD PRODUCT is
ABSORBED IN THE ARTS.
The Assessed Value of All the
Property of the United States
Less Than the Total Debts.
READ, THINK AND CIRCULATE.
(The Philadelphia American.)

tine PnllaQelpnla AfncTlcdH.)
DEAR SIR:-So the literary "Dugald
Dalghettys" of America just now in
the employ of the goldstandard peo-
pie are shouting; mot dead but dyin'
out" Failing in argument, they ply
the prosperity dodge, and also try
to lie out Of life, what they call "the
silver craze"
But the arts Of deception have been
overplied, and they no longer mislead
intelligent people nor deceive the
ignorant. The people have been long
suffering and patient, even when
trusted public servants have betrayed
them.
Events are converting men faster
than arguments; as Mr.. Frewen said
of the situation in London last year.
If the arch plotters against the liber-
ties Of the American people believe
that the lull in the storm is the end
Of it, they will learn later their mis-
take.
Perhaps they had better go out
among the farmers Of the South and
West and learn something Of their
OiUQd anu OPlIIOIo OCIOIC utiC
storm bursts upon their unprotected
heads.
They had better heed the warning
words of Senator Chandler, who, last
February in the Senate, declared that
"the American people will not submit
to the gold standard"
1t is strange commentary upon
ho 70; ;,f of + lo
American newspapers that they will
permit no open and free discussion of
the greatest question of the age. while
in England, the center and focus of
gold lism, The Times news
paper UIndon) publishes elaborate
articles pro and con. In this era OF
cheap things it would seem that men
are the cheapest things in market.
Regardless Of past utterances and
services in behalf of bime tallisIn,
some of our public men-perhaps
nerved by the "dying OUT song-have
surrendered to the enemy. Or, per-
chance they have been made to be-
leve that there's mlllions in it" see
ing the rich rewards bestowed upon
of prominent position.
But this is the peoples contest
against an oligarchy, as heartless and
relentless as any that ever existed.
To get the world under bonds bearing
Interest to an amount estimated to
represent half its total wealth and
then to unfairly change the standard
n is nj
to all justice, so offensive to all right
minded people that it must recoil up
on its authors in terrible retri button.
Ample warning has been gwen OF the
DANGER OF persistence IN the reckless
policy by many of the very ablest men
living. "Lombard street should heea,
and heed quickly, the demand for le
form before it be changed into a
clamer tor restitution SAID dlStin
guished writer in the tortnghtly Re
view last year. Professor SueSS, Of
Vienna, a mem Der OF the Australian
Parliament. in his able work on The
Future Of Silver" said: For O nam
5er Of gears, o., the basis Of gaotogic eroe,i-
mce. the aCGTld has been amply tcUlped thai
It's entire nl0Hetaiy system IS drUtiHg TO-
rdrd dn abyss. Al the end or his work,
which is OF great value to the student,
illed with striking passages and care
full presentations of facts and sci
entific deductions, he says: 1T is no
,O,eger the question: achether sdrer acM dg0i,t
become q tuti-rolue coinage metal orer the
chole earth, bit rhot are 10 be the t,5otS
hrOuqh lchich Europe Is TO reach tie
3oal"'
Our superticially trained professors
who essay the treatment of this mon
ey question only to betray their ignor-
lnce of it, might we'll reflect upon the
conclusions Of such students as the
late eminent DR.. Soetbeer and Pro
feSSOr SuesS. And upon the history
Of past civilization winch were swept
away by causes which are operating
upon our own advanced civilization.
Can any picture Of chaos equal that
into which society would be thrown by
the destruction or OstractiOn from
monetary uses Of the wnole or a large
part of the royal money metals gOId
and silver?
The abstraction Of gold from m one
tary uses was so great as to force DR..
Soetbeer to admit in his last and
greatest work, as quoted in the origin
i'll mother tongue by Mr.. Van den
Berg, President Of the Bank of the
Netherlands, at the recent Brussels
Conference, that perhaps the whole of
the present annual product was alb
Sorbed by the arts and by boarding
In the evidence given before the
late Royal Commission on gold and
silver it was shown that India, in the
fifty years following 1885 (when the
coinage of golG there ceased), had i'm
ported over all expectations of gold
e127, 100000, or $635, 100000
China and Japan have also made
drafts upon the reserves Of Western
nations. This is total abstraction
from monetary uses. The rapid ac-
cumulation Of vast fortunes in the
Western world has opened the way for
large and larger distractions of both
gold and silver to gratify the luxury
of the wealthy classes.
Gold plate is no longer novelty in
many of our cities. 1t was so in old
Rome. The wealth Of the nation as
it tecame concentrated in the hands
of the few, was so largely absorbed to
crafty the luxury Of the few. that
when the mines began to fail in their
supply the mighty fabric tottered to