The midland journal. (Rising Sun, Md.) 1885-1947, 1895-07-26
LIVE ISSUES.
Carlisle Knocked Out.

houHSCL iHdlS W CldDlC, Lids udNt
several very conclusive knock
down answers, but the most com
plete knock out answer las been
furnished by Senator Stewart. The
following are the five propositions
and Mr.. Stewards reply:
/. There is not a free coinage
country in the world to-day that is
not on a silver basis.
2. There is not gold standard
country in the world to, day that
does not use silver as money along
with gold.
3. There is not silver standard
country in the world to-day that
uses any gold as money along with
silver.
4. There is not a silver standard
country in the world to-day that
has more than one third as much
money in circulation per capita as
the United States have; and
5. There is not a silver standard
country in the world to-day where
the laboring man receives fair pay
for his days work.
In reply, Senator Stewart lays
down these five propositions:
There is not free coinage coun-
try to-day that is not more prosper
Gus than at any other time during
its recorded history.
2. There is not gold standard
country in the world, except France
and Germany, that recognizes silver
as standard money, but all gold
standard countries require its re-
demption in gold and treat it as
credit money. There is not a gold
standard country in the world that
is not in greater financial distress
than at any other time in its
history.
3. There is not a silver country
in the world whose silver does not
maintain stability of prices and
secure the greatest prosperity. All
Europe is combining against Japan,
because here silver basis has made
her dangerous competitor; and, if
she continues as at present, with
Europe on a gold basis, the manu-
featuring interest of Europe and
the United States will be transfer,
red to the East, with Japan in the
lead.
4. There is not q silver standard
country in the world that was not
ruined centuries ago by the few,
who absorbed the wealth of the
masses, and organized serfdOm and
slavery, from which those countries
are now slowly emerging by means
of the increasing value of silver
money; and, if present conditions
continue, there will, in the near
future, be liberty in the East and
slavery in the West. The forces
which created slavery in the East
are now operating in the West. and
the inflow of new money which lib
Grated the West is now reviving
civilization in the East. The COM
bination of Europe against Japan,
to destroy her prosperity and en-
slave her by force Of arms, is rec
ognition of the vitalizing influence
of abundant metallic money in the
Orient. Slavery and wild Indians
do not require the same amount of
money per capita as the more civ
iiiHCu pColJiSS. II 10 lluC lIll tHS
Asiatics have less money than we;
but it is not true that these condi-
tiOns will continue. On the con-
trary, the shrinking volume of
money in the gold standard coutaies
is forcing the people to the condi-
tiOns of the fourteenth century, in
Europe, when there was no money
to circulate, and is increasing the
supply of money in the Orient,
where the people are emerging from
barbarism, as Europe did in the
sixteenth century from the inflow
of gold from Mexico and South
America.
5. There is not a silver standard
country in the world where employ
ment is not more abundant, and
labor better paid, than at any other
time during the last five centuries.
There is not a gold standard country
in the world where the laboring
classes are not suffering more fol
want of employment and prompt
payment of the wages than at any