The weekly intelligencer. [volume] (Lexington, Mo.) 1891-1901, 1895-04-20
Highest of all Leavenng Power-Laest U. S Govt Report
RH!a!!!!l! g! Rs%asSF RRskiaHS
ABSOLUTELY PURE
REPLY TO CLEVELAND.
The Chairman OF the Executive Committss
of the Bimetaiiic League Answers the

The Chairman OF the Executive Committss
of the Bimetaliic League Answers the
President.
CHICAGO, April l5.--Mr. W. ii. Har-
vey, chairman of the executive com
mittee of the Timetable league, whose
headquarters are in Chicago. prepared
yesterday the following reply to Presi-
dent Clevelaui's letter to the Chicago
committee of business men:
To His EEeelleaes. Grcyer Cleveland, Presi-
cent:
CHICAGO. April E-Del. Sir: In reply to
your letter al irss>el - committee OF basi-
ness men Of this city, ws wish TO sGy that the
COMMITTEES that waited on you. sni the persons
who attached their naEcs to the pstition such
Committee prescated, did not represent a ma
1ority Of tae business mea All citizsns
Of this ci.,, who taSe a cce2 interest
In the welfare o! tt.s republic. They
rerrc3ensSi thst o.aIs chat o.s' money and
sccuritie. pasa5;e II E,olej-lzei iasoUes.
We respectfully submit that your letter does
not presea; the true merits Of this co7tsoTcrsy.
You Call the attention OF farmers aad wage
carners to the fact that raising prices. while
enabling them to sell their products and labor
at higher price. will also cause them 20 pay
equally mere for what they purchase, but you
neSiect to ssy that your statement Is not ap-
piicab.e to debts. With prices coming down
esuiarly and steadily since the demoaettza-
tion OF silver. our merchants. manufacturers.
and the people geaerans, have been doing
business On falling market. So that the time
Intervening between the purchase Of their
merchandise or raw material and placing It
months after On the market has removed the
margin they would have otherwise made.
This shrinkase in values. added to the ordi-
mars risk and expense Of business. has lead 10
an evsr-incrcasing volume Of dcbt-to . money
lending period-untt It has Increased, all told.
public AMI private to about N).o01.0O about
two-thirds OF the total value Of all the prop
erty In the United States-
Money and those debts payable In money
have been steadily increasing In exchsnRsable
value with the property Of the people debt
for d oOo that 1000 bushels Of wheat would
have paid ten years ago now requires the
farmer to give up 1000 bushels Of wheat In ex-
change for these dollars with which to pay
the same debt The debts now In existence
are principally old debts. or renewed or re-
funded debts, or new debts contracted to pay
old debts. or debts the people have been
forced to contract BY reason Of
the continued decline In prices. The
owners OF products must now give up
twice rs much property to pay their taxes ~ In
| 1871 Seventeen thousand bushels OF wheat
would have paid the presidents salary Of es,-
| 00O In is73 and 1t now requires 10000 bushels
| Of wheat to pay your annual salary Of 80 900.
We have constantly pointed out to the people
| the ever increasing interchangeable value Of
| the creditors dollar. AID to the reason why It
was increasing. but the influence of these cred
| itors has dominated your administration and
you Insist on such currency - they have es-
| tablished, rs n sound currency.
II means the conascation OF the property OF
| the people by the sale Of property under mort
cages, judgments and executions. IL means
that fixed incomes will wipe out the Interest Of
stockholders In our railways and corporations.
II 1t is an injustice to restore prices 30 TINT
| people can exchange their property for . sum