The Kosciusko star. (Kosciusko, Miss.) 18??-1898, 1895-04-19

financial credit and commercial
standing among the nations of the
world. If our people were isolated
from all others, and if the question
of our currency could be treated
without regard to our relations to
other countries, its character would
be matter of comparatively little
importance. If the American peo-
pie were only concerned in the
maintenance of their physical life
among themselves, they might re-
turn to the old days Of barter, and
in this primitive manner acquire
from each other the materials to
supply the wants Of their existence.
But if American civilization were
satisfied with this it would abiectly
fail il its high and noble mission.
Effects ofa Degonerated Currency.
I'm these restless days the farm
er is tempted b'the assurance that
though our currency may be do
based, redundant and uncertain,
such a situation will improve the
price 81 its products, Let Us re-
mind him that he must buy as well
as sell; that his dreams Of plenty
are shaded BY the certainty that if
the price Of the things he has to
sell is noninally enhanced, the
cost Of things he must buy will
not remain stationary; that the
better prices which cheap money
Eproclaims are unsubstantial and
elusive, and that even if they were
real palpable, he must necessarily
be left far behind in the race for
their enjoyment.
at ought not to be difficult to
convince the wage-earner that if
there were benefits arising from a
degenerated currency, they would
reach him least of all and last Of
all.
'In an unhealthy stimulation Of
prices, an increased cost Of all the
t needs of his home must long
be his portion, while he is at the
same time stared in the face with
visions of increased wages and an
easier lot. The pages Of history
and experience are full Of this les
t son. An insidious attempt is
made to create prejudice against
the advocates OF safe and SOUND
money by the insinuation more OF
less directly made that they be
long to financial and business
classes, and are therefore not only
out of sympaty with the common
people of the land, but for selfish
and wicked purposes are willing tc
t sacrifice the interests OF those out
: side their circle.
: 81 believe that capital an6
wealth, through combination ant
: other means, sometimes gain al
undue advantages; and 1t must be
E conceded that the maintenance 0
/ a sound currency may in a sense
! be invested with a greater or les:
importance to the individuals ac
ccording to their conditions an(
s circumstances.
q Only Difference in Degree.
i ut is, however only a differ
0 ence in degree, since 1t IS utter
! ly impossible that any one IN on
: broad land, rich or poor, whateve
y may be his occupation and wheth
0 er dwelling in a centre OF finance
r and commerce or in remote cor
ner of our domain, can be reall,
benefited by a financial scheme
e not alike beneficial to all our peo
= pie, or that any one should be eX
S cluded from a common and uni
i versal interest in the safe charac
n ter and stable currency OF tht
S country In our relation to thi'
# question we are all in business
d for we all. buy and sell; 50 we al
e have to do with financial opera
S tions, for we all earn money an(
y spend it. We cannot change ou
interdependence. Merchants an(
n dealers are in nearly every neigh
n borhood, and each has its shop
!. and manufactures. Wherever th'
C wants of man exist, business ant
: finance in some degree are toun'
n related in one direction to thos'
I wants they supply and in anothe
{ to the more extensive business ant
S finance to which they are tributa
S ry. A huctuation IN prices a
e the seaboard is known the same