New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1895-05-01

part with the ring and keep the coin. In
that case the coin does not circulate, it
does not measure values, it is not money.
| To be money it must circulate. Honest
money were money in circulation, to1
the moment it ceasestto circulate it cea-
ses to be money. When a man locks up
the money of the people. withholding il
from circulation, he effectually takes the
people by the throat, and does the rob
bling act. As well talk about honest
knives and honest guns, with the aid
of which one kills and robs, as about
honest money locked up in vaults to
| starve others into surrenuering their
property. Money is a concrete, honesty
is an abstract. The term is self
tradiction, and he who employs it is
either ignorant of the subject or con-
sumate rascal. The most sshonest mon
ey" in the world can be no more honest
than ten per cent month chattelmort-
gage. It commands its full limit in ex-
change and that is all the sshonesty"
there IS about it. The term sssound
money is even worse deception. The
soundness Of money, as Of everything
else, is purely relative and comparative.
If by ''sound money, is meant gold
coined by the government, then it is a
lie on it's face, because the term itself de-
stroys the monetary power Of gold, for
it is an undeniable fact that there is not
gold enough in the world to serve an ac-
tive commerce, and it is only by first
killing commerce and industry to meet
the supply of gold that gold can be made
to approximately cover the needs of
trade, and even then the s'soundness' of
the money properties Of gold is absolute
MERGE and industry. For money to be-
come superlatively sound all trade and
commerce would first have to be abso-
lutely dead. From such condition to
the fiat money paradise, where it would
take ton of money to buy an ounce of
gold, lies an infinite variety and degrees
of 'ssoundness," and if the man with the
gold can command the market at both
erds Of the dilemma, all he has to do to
eventually possess the world is to put
out and pull in his gold, as does the fish
erman with his nets, and scoop in every
thing in sight. Thus is the worker
robbed of the product of his labor and
the advocates Of "honest money" and
'ssound money"--gold-are but the SER
| vile confederates of a gang Of usurpers
| whose sentiments of "honesty'' or ''na-
tional expediency'' suffer no grief in driv-
| ING the helpless mother and innocent
babe out Of house and home on which
they have already paid more than it is
worth. Sentiments Of honesty and JUS
tice cut no figure with the strong.
John Bull is the bondholder Of the
world to-day. John Bull is the Shylock
In times of commercial and industrial
activity he pours his ducats out on us
taking bond on our flesh nearest the
heart. He and his political lickspittles
from president to ward boodler, talk
glibly of sshonesty'' and 9'justice" wher
dealing with us as nation, but when the
mortgage comes due, no matter hoN
much you have already paid on the prop
erty, the only argument is
Pill have my bond; I win not hear thee
| speak;
I'll have-n1y bond, and therefore speak n,
more. #z# ! l% F5s#
I'll net be made al sft and du11-ey'd fool,
/ Ts shake the head relent, and sigh, ant
/ yield 81 III. s.ss ss 5l@
pnhave no spealzin g; Il will have my bond
l The terms sssound money! and "hon
est money" must be drummed out 0
camp in American financial discussion
We must not be made .sssoft and dull
| ey'd FOOLS" Our government alone ha
| the power to make money for us, an,
any money of which our government vii
approve. and which will pay off you
mortgage and give you undisputed pos
session Of your home is good enough 70
you. In other countries, John Bul
would enforce his demands By mai
force, but in that we defy him. It
!, well for the younger and patriotic ele
I ment Of the Republican party that Cley,
land has gone the limit on the SEyloc
side Of the question. We will no,
bounce Cleveland and give John Bull
few points on ssound money