The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-06-12
DECEPTION IS ~FALSEHOOD."

DECEPTION IS FALSEHOOD."
Whoever misleads another with in
tent to deceive is acting a lie. To be
sure a lie is the direct and positive mis-
statement Of the facts; and it is hard to
believe that an honest man, or an hon
est newspaper would openly, f%lagrantly
and wilfully permit a falsehood. Yet
this is done almost every day, and by
newspapers who claim to be reputable,
truthful and reliable.
The motive of this article is to point
out how, day by day, the newspapers adj
vocating the gold standard" try to
discredit the position of the advocates
Of bi-metallism, and the free coinage Of
both gold and silver.
No better illustration of the point I'M
der consideration can be found, than ap-
peared upon the first two columns of
the first page of the Pioneer Press today.
The first headline reads
THESE WANT GOOD MONEY"
And the c%aption-of the second col
mi reads:
THESE WANT BAD MONEY"
The report which follows the headlines
of good money" relates to the Republi-
can State Convention, which assembled
at Louisville, Kentucky, yesterday, and
adopted resolutions adhering to the
geld standard; and the report which
follows the headline containing the
words dad money" relates entirely to
the Democratic State Convention, held
at Springfield, ILL.,, wherein resolutions
were adopted in behalf Of bi-metallism--
the free coinage of both gold and silver.
In spite of the fact, however, that one
convention resolves in favor of gold and
silver, on an equal basis, in the ratio
which they sustained to each other. for
more than two hundred years, neverthe-
less the Pioneer Press declares that
these men want bad money"
Is it possible that the Pioneer Press
is so ignorant that its editors believe
that gold and silver as the legal and
primary money of the United States, could
possibly fall under the head of "bad
money!" We cannot possibly think so.
IL NV IAOA We AoVC JAO OAly dlLCI III
left us, namely: that the headlines used
were intended to convey to the public
that the restoration Of silver to it's for
mer position, on an equal basis with
gold, and the adoption of both as a pri-
mary money of the United States
would actually be the adoption and
maintenance of a "bad money system.
Does it need any argument, from any
body under heaven, to prove that such an
assertion Is false from the beginning?
The solemn facts are, and the whole
truth will verify the assertion that if
gold were demonetized and silver were
adopted in it's place today, gold would
become a mere commodity in the mar
ket, fuctuate as a commodity, and would
probably be worth about 81 cents as bull
lion, instead of one hundred cents when
adopted as legal money by the United
States. 1t happens that Congress in 1873
demonetiZed silver instead, and the
moment that silver was demonetized-
lost Its value a. a legal money-it be-
came a mere commodity in the market,
and was bought and sold like wheat and
potatoes, and is only worth about sixty
cents on the dollar as bullion.
The moment, however, that the United
States government should restore this
metal to its former proud position as pri-
mary money, silver would become at
ance as valuable as gold, and the two
| metals would stand side by side, and the
| money created out of the gold and sill
| yer by this legal process would all be
good money,"-worth an hundred cents
on a dollar-and no one knows these
facts better than the Pioneer Press.
Sound money" is the legal money of
any country, maintained at the unit of
| value under all circumstances. No civ
ilized government in the world ever fail
ed to maintain both gold and silver at
the standard Of the unit of measure, and
this government can do it again, single
handed, without the slightest trouble,
and the silver money will be as good as
the gold, and the gold money will be no
better than the silver.
Men may argue for a thousand years
on this proposition, that money is regu-
lated according to supply and demand
according to the p~lentifulness, or scar
city of the metals out of which the
money is coined, but all history will re-
flute the argument. The additional fact
that today there IL in the civilized world,
about $4,000, 100000 in gold, and about
81, ZOO, 000, 900 in silver-the actual differ
ence in 1894 being less than thirty mil
| lions of dollars-also demonstrates that
| silver should be no cheaper than gold
| by reason Of its quantity, or that gold
| should have no greater purchasing power
than silver, by reason Of its quantity.
Then why try 70 decisive the public by
=4.##H#M