The midland journal. (Rising Sun, Md.) 1885-1947, 1895-02-15
The Gold Superstition.

and other dead nations worshiping images
which they fashioned with their own
hands and set up in costly temples These
men were most sensible and learned
people as their literature proves. Great
reasoners, great mathanaticians, great
orators, great poets. The world has not
produced greater, if as great, iii any of
those branches of learning since. And
yet our children smile at their supersti-
tious beliefs.
When we look over this list of great
men and consider the superstition that
chained their minds we should have
patience with the madness that possesses
our great" men who are entrusted with
the destiny of nations, for the blind super
stition which possesses them for gold
money, or they should be relegated to-
private life. They are unfit for law
makers.
We behold Congress, the President and
great numbers of wise people, learned
people, frightened almost out of their
wits over little see-saw CRANE carried OH
by lot of sharp rogues, of putting gold
into banks and locking it up, drawing it
out of the Treasury by presenting paper
note which the working people have
been using thirty years as money to con-
duct their business, shipping the gold to
Europe, then back again and exchanging
it for other paper issued by the same gov
ernnent All the time this farce is going
on the so-called great financiers, bankers
and learned men i'll the science of money
are turning gray with fright lest the
Credit" of the nation suffer by the
rogues who go round the Treasury should
steal all its gold away, like the school
childrens game of "Who goes round the
hall :? Little Jackey Inkball. Don't steal
all my sheep away. Yes will, one by
one until get them ALL"
The President in the meantime sits in
the White House like the blindfo1ded
sheppard boy in the school children's
game, crying don't steal all my gold
away And the answer comes back from
the rogues Yes we will unless you
issue bonds"
And thus this game of learned fools on
one side and unmitigated rogues on the
other goes on to the distress and discom
future of the entire nation.
And what relation does this bear to the
people and their legitimate business
Almost nothing i'll reality, if little COM
mon business sense was exercised The
products of this one nation, the wealth
created by the industry of the people i'll a
single year i'll a period of the lowest
prices and most idleness, is worth more
than three times all the gold in the known
world, which is said to be about four
thousand millions. The products of the
twelve billions in these the hardest of
hard times
To expedite the exchange of these
products one with another is the funda-
mental use of gold money, or any other
money. To effect the change, exchange
and multitude of changes these products
go through in order to complete their
cycle of usefulness in the twelve month,
the various using and reusng of the
money aggregates sum of one hWnared
and taoenty billions. In the face of these
business facts what do we behold? A
congress selected for its supposed wisdom
and the great donkey mogul seated in the
White House, tearing their hair and
going stark mad lest 500, DOC, 900 of alb
solutely idle gold coin, which has been of
no more use to honest people for seven
teen years than a hundred tons of granite,
shall be drawn out of the Treasury vaults
and sent to Europe or some other hiding
place
This entire gold business and its
sacred reserve" is piece of the blank
est folly, barring the roguery it concealed
ever witnessed within the limits of a
century-possibly several centuries. All
the people want of money is to enable
them to employ their time in useful pur.
suits and to enable them to exchange the
wealth their labor, when usefuly employ
ed produces They do not keep the
money any length of time If they pro-
duce a surplus of wealth they store it up
i'll some disable property that they can
draw upon at some future time, or that
will aid them i'll producing more wealth
Even those who do not invest their surplus
wealth in other property, place the money
they exchange it for i'll savings or other
bank or loan it to some other person
whose enterprise is striving to enlarge his
sphere of production. 1t does not matter
to the people what the government
chooses to manufacture the money from,
so that it is a legal tender Gold money
serves their purpose no better than silve,
or paper money, if only the great and
only money maker the government,
DEGREES that it shall be legal tender
money.
1t is not gold held out of use in an iron
box that establishes the credit of the
United States, or pays its obligations, or
effects foreign exchange" but the vast
crops of everything which goes to satisfy
the wants of men, produced by the in.
dustry OF its people, drawn from the
boundless natural resources of the richest
country III the world, inhabited By the
!