Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1895-10-04
TO STIR UP ENVY.
A Philadelphia Paper Tries to Create n
CIas5 Prejudice.

A Philadelphia Paper Tries to Create n
CIasn Prejudice.
Tho Philadelphia Manufacturer is cp-
posed to bur present standard of value
and is trying to secure tho adoption of
what it tails "biltletallism, :" but what
would i'll reality he single silver stand
nrd. Writing of the fall i'll prices, which
III claimed by silveritcs to bo duo to tho
tiSo of GOLD rs II measure of values, Tho
Manufacturer says, "A dollar of high
purchasing power IS II good thing only
for nonproduccrs, and argues that "tho
dollar las bchn given artiiicially high
purchasing power solely that tho few
might enrich themselves ut tho expense
of the many
This attempt to create class preiu-
dice against tho gold standard on tho
ground that it WIS designed to benz 1T
u few nonp:oducers at tho expense of
tho many would bo moro appropriate
FOR II Populist or socialist paper than Il
journal published for business men.
Not only are the statements untrue, but
they AFRO designed to- appeal to the envy
and hatred of those who think that
their failure is duo to tho success of
tho important question of money is to
BIO discussed and settled.
The claim that only nonproducers are
benefited by IL dollar of high purchasing
power Is SO manifcStly absurd that il is
hardly worthy os contradiction There
arc ahout $4,000, 900 admits in this
country, of whom ninety nine onc-hun-
drcdths arc producers. Tho millions of
working mon and women i'll mills, fac
tories and stores and on railroads and
steamboats, arc all producers. Arc they
not benefited by receiving tiicir wages
III dollars which Will buy IL largo amount
of goods, instead of the reverse. Will
Tho Manufacturer have the ahtlucity to
say that Il cheap dollar which would
buy less goods would bo greater bono
fit to this host of PRODUCERS?
Then we havo tho great agricultural
interest, with its millions OF workers
producing grain, cotton, etc. No ono
will deny that they arc producers. Yet
arc thcynot benefited by receiving mon
cy which has high purchasing power?
Is there II Turner i'll Aniericl who does
not want, SCI FAR as he is personally con-
corncd, tho dollars which will buy most
of all the things which he consumes? If
shcro AFRO any who prefer the other kind
they could easily he accommodated vii Ii
Mexican "dollutrs, - which will only bny
So cents worth of goods III this country.
There il absolutely no basis for tho
charge that the value Of our present dol
lar has been artiicially increased Gold
, as money is worth just as much as in
hullior, and no moro. Its valuc is not
affected by law, and ii is therefore, Who'll
" untrue that it is designed to enrich
tho few Mt tho expense of the many The
money of this country is tho same for
rich and poor. 1t gives no favor to any
class, nor does it discriminate against
tho few or the many. 1t serves the in
tcrcsts OF all alike and only dcmagogues
will pretend that it l.; maintained for
the benefit Of nonproducers or limited
class of rich men. a standard of values
which measures alike tho worSinSman s
wages, tho farmers products and tho
manufacturer goods cannot, with fair
ness, he said TO artiiicially reduce prices
nj tho interest of any class.