The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-10-02
THE HORRORS OF A SILL YER
BASIS.


We have had great many terri BILE
| threats from the Goldolators as to
what would happen to us if we were
| to come to silver basis, and the hOr-
rible example of Mexico is pointed out
| to us as warning. Here is recent
telegram which shows how that af-
f1icted country is suffering.
City of Mexico, Sept. 16.-President
Diaz opened Congress this evening
with lengthy address on national af-
fairs, in which he congratulated the
republic upon its friendly relations
with other states and nations. In the
course OF his speech he said:
Both our exports and imports con-
tlnue to increase at remarkable
| local trade of the country, as evil
denced by figures attained by Gus
toms collections and receipts. Dur
| ing the fical year to June 80 last the
| customs receipts amounted to over
| $50, 900, 900, and those of the stamp Of
| tice to SIS, 500, OOO The liquidation of
| tue old debt in it's entirety, from the
colonial regime to 1882, and Of claims
and credits subsequent to the latter,
conversion of part OF the floating debt
| presented for collection and payment
Of balance, and finally the reduction
to common basis OF numerous class
es of subvention bonds given to rail
way and other companies, are now all
but completed, and have produced re-
suits that constitute most cOnvinc-
ing proof of excellent credit enjoyed
| by our national securities, owing to
| + n nri, dnfn ~
| minatiOn OF the republic to redeem its
pecuniary obligations throughout the
prolonged financial crisis which, hap
PLY. seems now to be at an end.
"From sta tements to which have
| listened l may infer the nation has
not abandoned the march onward
which it has inaugurated for peace
and order in the development of it's
resources. There is special ground
| for congratulation in the present
| financial position after a long and
weary struggle with innumerable diff
| culties. So far, however from being
lhsuperable, these difficulties are now
| impOtent to the consolidation of our
| credit and the wave of pros perity,
which cannot but be felt in all parts
| of the country. with steady progress
| in all departments of the adminiStra-
tion following on healthy and -four
ishing state Of national finances. /
| trust that, in the facts laid before
| you, you will not fail to discern the
| desire Of the executive to hasten as
| far as possible so desirable develop
ment. In order to achieve this happy
result, rely, for myself, upon your
| indispe nsible support, and for the re-
public on the patriotic efforts OF her
talented legislators"
1t appears from this that while this
country is fiat on it's back, hugging
the Rothschilds' swindle to it's breast.
Mexico is on it's feet, full of life,
energy and prosperity. Emigration is
| flying our shores; it is pouring into
| Mexico; manufacturers have no mar
ket here for their goods, the mills are
| closed and the machinery is being re-
moved into Diaz's republic; our silver
mines are abandoned, theirs are be-
| ing worked to their utmost capacity;
here the farmer is selling his produce
| for song; there he has ample de-
mand for all he raises at fair prices.
| Mexico is governed by wise ruler
| who turns his back on the Shylocks
of the world; our country is led by a
| shallow old humbug, who has formed
a partnership with a lot Of money
lenders to keep the government 60
ing.
But we need not come to a silver
basis. All this country has to do is
to throw open it's minis to the free
| coinage of silver at the ratio of Is to
| l, and the present difference between
gold and silver would disappear at
once; for the simple reason, as we
have shown score of times, that no
man would sell his silver for SO cents
on the dollar, when he could exchange
it at the minis for 100 cents on the
dollar; and consequently silver bull
lion would be worth at once as much
as gold bullion at sixteen to one. And
the rascals know this perfectly we'll,
and that is why they are making such
a desperate fight, with all the ma
chinery Of the two old parties and
three-fourths of the newspapers. The
question is.-shall the farmers pro-
duce and the workman's labor rise in
value and gold fall to it's old standard;
or shall false price be put on gold
by the continued decentralization of
silver, and the prices of all commodi-
ties be depressed, and the producers
become tenants and the workmen
serfs to enrich foreigners and aliens
| Of another race.