The Forrest City times., 1895-07-19
government for the Plowholder
or the Sondhoider. Which
Snail IL be.

amongst the assemblage of men last
to- hear those brilliant apostles
free coinage, Carmack and Young.
.eopnized the greater portion of them
men who bad already read and pom.
,.r,d upuu tie main arguments made
!, both speakers that day. As | lis
I'D 10 the able effort of Mr.. Carmack
realized that he WAS sweeping the
aoor with broom which he had tried
m.py times before, and that there
o,lld be but little left for our friend
c,sey Young to talk about but "his
haby., Josiah Patterson-a baby, by
,he way. considerably handsomer than
III 80 called papa, and who also, IL last
falls election returns tell us Alright,
Mtted the old man in the rear. rushed
lrtween the old mans legs and got
The pie. But Mr.. Young now has a
rope around the calf's neck. and will
most assuredly at the next election pull
him away from the government teat
and get the milk himself, and he de-
serves it. for no one can look at his
mast record as congressman and doubt
Casey 70 ne's democracy. No one can
duubt that he is, and has teen the
Champion Of the people against the
uonied shark. An eloquent speaker,
bis voice is always uplifted against the
cause of wrong, greed and oppression.
and his vote has ever attested the sim
rrity OF his professions, and i'm the
fullest measure, he deserves like
tribute to that which he so generously
paid to Mr.. Carmack.
But il remember Alright there we're
three points they both overlooked, or
at least. failed to discuss fully. First
That the amount OF money i'm actual
circulation is dependent upon the price
we get for our produce. This doctrine
believe to be infallible. Thus il our
une million bale cotton crop sells for
only Eve cents pound it brings
into the hands Of the people 225 millions
dollars. but il it sell at ten cents "A
pound, it brings $50 millions of dollars
and puts it right in 1.-The hands of those
who will pay it out in settling their
debts. in building new chimneys, new
huuses. buying new carriages, new cloth
ing aud some Of the luxuries OF life.
and it matters not how much money
there is in existence, the price OF the
things sold will fix the amount of
money in actual hand to hand circula.
ton. [ deny that any treasurer's re-
port can be satisfactory evidence of
the money in actual circulation. The
treasurer Of the United States when he
uses the term I'm cir, uiation" means
all money not in the United States
Treasury. He includes within that
term all the reserve fund of fully tweu-
llIv'hve per cent. held by the National
Banks and boarded away otherwise.
| 40 not believe there is anything like
so per capita circulation in the U. s. :.
Tor the existing condition OF affairs
clearly shows that there cannot be one
llaf as much money in circulation pass
Ing from b I'd to hand this day as there
was twehty gears ago. And yet my
lrlen1 Dr. DoOley tells us that these
are AS good times as they were twenty
Or twenty FIVE years ago. Yet com
mentlng some time ago at the SCARCITY
OF good and expensive farm houses
III lfis section, L mentioned over to
ahother friend few such houses
which | could recall. and wondered
now such and ssIch man ever was
aoie 70 buiid so expensive house and
now THIS man and that man built his
cohiurtable farm residence. "Oh!n re-
ped my friend, those houses we're all
euiie when cotton was way up yon-
urf. Ii times are as good now AS
,'ey were twenty years ago, why i'm
u'us name cannot every farm be
auorhed with handsome residence
instead 0f our common box houses.
surely The evidence does not bear out
lhr Doctors assertions.
Inc second proposition is that il ia
,uhnNi'e' unfair and unjust to measure
W, sequahtlty OF money needed in circula
sioh ia thlS country by the Quantity in
oncuiation in England, France or any
" ".l OF the old and wealthy countries.
where the poor are ALREADY having
t fa, IN the dust without hope of bet
saa The per capita of circulation
IEseueu IN England or Germany or
, lance need be only small. because
'i"e Countries, comparatively speak
ny are ike some towns and cities.
t %ry are finished, there is no hope of
aailher improvements or need of mon
3 b.. 70 make uncalled for expenditures.
nu. IN this broad and noble union
, "'eLe are unlimited possibilities of
ining new and constantly increasing
,npfostments which must ard will re.
urn pecuniary profit.
w. n.iehef Is 1t fair to compare the
iarm of The free and enterprising
uier or America with the five dol
tba pei capita farmer of Mexico. For
ha Mexican farmer uses neither