The weekly intelligencer. [volume] (Lexington, Mo.) 1891-1901, 1895-08-03
Highest of all in Leavenng Power-Latest U. S Govt Report
R@!a!!l! q! RsMassF| RRsk1aRs
ABSOLUTELY PURE

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PIE m the ruturs VII. .,Tye { greater ,aco7sx.a n
greater saving to be deposited and laii up fora
rainy day. As to the fall in the price cf tbs
European countrte', where the gold sian hrd
prevails. no reputable statistician dispui y:
and those engaged In the farming industry
farmers in Germany. in Enzlaua and % 10 ,ais
country demanding the restoration OF silver.
believing rs they do, and believing corrcstis.
rs have no doubt, that the dsmonetz itiJa OF
silver Is the chief cause OF the great depres-
sion In farm enterprises.
Gold standard n Panic Brecder.
Il was complained last spring. especially Ia
me me Large elite, stiles, that % beef had gone up thts
was fixed by q trust that CONTROLLED the rc all
beef market. Tho price Of beef In the hands
The truth is, that under the single goli staid-
ard there may be q short revival OF Industry,
and the people seem somewhat relieved from
me me acute stage M q passing psnies ye. under
and other gold standard promoters. and made
necessary by limited amount OF money in
use. Is panic breeder: for after the extension
Of credits, for the purpose Of reviying indus-
Try. when pay day comes II Is found that cred
Its have gone beyond the amount of money Of
sequence: so that the single gold standard IL o
breeder OF panics. of low prices. OF hard
times and Of bankruptcy. Il Is trans
ferrlng the earnings OF the people into tho
pockets Of the holders Of gold: Il Is robblng tho
masses for the benefit OF the masses: l: IL
ouilding up an aristocraey In every country
adopting tt; II is fast building up class oi
country. They have their power; IL Is the
power Of money: the power Of concentrated
wealth: the power that robs ths people q .heis
their political rixhts Unless there Is q chance
the day viii come when this country will Be
sSeir srscd ~ ana ors shan tbs
class that dominates Europe.
Il may ~ we'll be understood at frst ~ last
that We do not intend 70 submit TO this dom:
nation: the democratic party cannot afford
t. II IL shows disposition to DO 10 10
is no longer dcmocratic; It win be 2
shall continue the battle f1r pure democ-
racy. believing that ultimately Il will pre-
vail. We believe the restoration OF silver
In money, . constant decline In the prices Of
labor and the products Of labor. II this be
true. h will be nm cncouragcment for people 70
engage In industrial enterprises: to open up
farms. factories and mines to build railroads:
and u will give new impulse to the Industrial
activities OF the people OF this country. that all
viii IND employment at flair wages ana can
enter into business occupations with q pros-
peet OF fair profits. In other words, Il will give
an ora Of prosperity 20 the people. with an as
surauco OF y long continuance. We insist upon
It's restoration without any change OF the legal
ratio: FIRST. because it N Just and right In
ltscu. SccOn0iy. DeCuusc " ~ uSclcSS 70 cutcf
into the confusion Of . discussion as 10 the
ratio. thus diverting. dividing and detracting
silver forces.
The Question Of Ratio.
The ratio was settled in 1873. after the de-
monctixation Of silver in 1873 Al that time the
ratio for Its restoration was considered, and II
WAS determined to restore the coinage Of the
lar Of our fathers and the dollar Of I've: the
dollar cs 1884, the dollar that had never
been changed IN. all our history. though the
A<~II AAA xH-lsx Ix.II
also confirmed in 1870. In the enactment Of the
Sherman law. which provided for all the silver
purchased under II TO be coined into standard
open question. II Is now a liked fact by stat
utory enactment. There can be nothing gained
In demanding change Of ratio by putting mort
In 1871, and until quite recently. there were
quite y number Of free coinage people who In
sistct that they were favorable TO the restora-
lar: but on vote 10 tho house OF representa-.
tivcs In the last congress. upon proposition
to make the ratio - to ! instead Of 10 TO I,
tives who voted for that ratio who had no,
voted for 10 TO I. On the contrary wc lost mort
votes than We gained; there were more mem.
who voted for any other.
All this time nearly the whole OF those who
demanded more silver In the dollar as . con.
clear over to the gold camp There are bu,
few remaining Of this class Of free coinage
people. not enough TO be considered. and wha
lew rcmain. show great disposition 70 aid thu
enemy rather than the friend. No doubt. Il
time. they will all he found In the gold camp.
The Question of the ratio Is constlsutiona
tire shall have been done to silver by putting
Il back right where Il was In isss. when Il wa
o+ nn% Ssd ,n id,"re ysafs 81 - ceSo%s
change the ratio for the purpose Of maintain.
ing the two coins in the circulation. or inviting
any one Of the coins into the circulation. tina
Is . question that future generations can con
alder. The duty OF the present generation ans
the present time T. 70 undo the wrong and wip'
out the crime Of is'1
Carllsis's Record Reviewed.
But cannot make stronger argument Il
favor OF the free coinage OF silver than va
made by Mr.. Carlisle himself In the onl,
speech on the subject that he made In con
gress. an extract from which quote as fol
lows:
II know that the worlds stock of preciou
metals ts none too large. ana see no reasoI
to apprehend that Il will ever become SO
Mankind win be fortunate. Indeed. II the an
nual production OF both gold and silver coli
We've ss sSs mSc
seems TO have been formed here and Il
Europe TO destroy. BY leglsistion q
hall Of the metallic money Q
the world. Is the most gigantic crime Of thi
age or any other sse. The contamination o
misery upon the human race than al the warz
pestilences and fsmtnes that ever occurred Il
the history OF the world The absolute ana In
stantsneous destruction of half the entir,
movable property OF the world, including
houses. ships railroads and all other sppli
sncea for carrying on commerce. while II voul
tie felt moro sensibly st the moment woul
not produce anything like the prolonged dis
tress and dis organization OF society that mus
inevitably result from the permanent annihi
lation Of one-hAn of the metallic money Of tn
world"
Mr Carlisle predicted many serious result
20 this country that would follow the free coin
age Of silver; but nowhere has he predicte
such dire cslamities In consequence OF the fire.
coinage Of silver ~ the foregoing extract pre-
dicted. Is the result Of the single gold stand
more damaging or damnfng result of Q mono
tary system based upon the single gold stand
ard. and the destruction Of silver rs money
than Mr.. Carlisle made In this speech n
ferred to- In the two speeches he has lei
US the dire alternative OF choosing absc
lutte destruction. as the result Of silver dc
monetixation. or great financial panics
silver In restored. Mr.. Carlisle seems dis
posed 70 this utter destruction and folio
the single gold standard He Is q statesma
that has left US between the devil and tho dee
sea. Such statesmanship cannot commend II
sef with Intelligent people Such inconsis
n fnancier We iniorse ali he said agains
the single gold standard: but. unlike himself
We have not changed upon that subject w
still believe that silver restoration Ii absc
lutely necessary to the prosperity OF this pee
pie; and will follow Carlisle and his record q
q member of congress-. and not Carlisle and hi
record rs secretary Of the treasury. The on
was democratic, just and right: the other be
longs TO the Hamiltonian doctrine-undemc