The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-05-08
credit, or make anything tender in
payment Of debts but gold and silver
cotn
WHEAT AND BAR SILVER.


WHEAT AND BAR SILVER.
THEIR CLOSE RT.LATIONSH!r-TR
COINAGE WOuIr LIFT UP AGRlcUL-
TUkL HOW WHEAT WAS BROKEN
DOWN IN 1899 BE A BRITISH TRICK.
To the Editor.
The goidbug press are all engaged in
trying to convy the impressions that the
recent rise in certain commodities,
wheat, cotton, etc, goes to dispr0ye the
allegation of bilnetallists that the fall
In silver has caused the ruinous fall in
prices. The truth is not in them. In
point OF fact, the recent rise in prices is
the direct result of the advance in the
price OF silver, caused BY the prospective
large demand for silver in the Orient,
now that peace has been concluded be-
tween China and japan, and the expec-
tati,h that the indemnity will have TO
BE- paid in silver.
The wheat growers of the Northwest
should by this time know that the price
OF their great staple depends upon the
gold price Of bar silver, not upon our
dollars. All commodities supplied in
the worlds markets by silver using
countries respond 10 the price of bar
silver at once. With silver at coin price
as 1t most assuredly will be, when the
United States opens her minis to the
free aid unlimited coinage of silver.
Argentine and India cannot compete
with o'ir Western energy and skill in
the production and Transportation of
wheat. nor with the South in the cotton
markets.
This has, for years, been clearly de-
monstrated: and never more forcibly
than when the Sherman act, SO called,
was framed in 1890. UTGcr its impetus
silver rapidly advance: to II Is to $1.2o
per ounce, and wheat and GOTTEN fol-
lowed
But il was not British policy to per-
mil that rise tt, stand, for she was til at
year In heed OF saaC amount OF wheat
and from somewhere, presumably from
London; there was secret moven. ent
made to flood into New York unherald-
ed, and. so far as the public knew, from
Europe, large amount of bar silver
and cablegrams came over to sell wheat
that is futures John Bull had
no wheat to selD. BY that bunco game
they saved millions in the price of the
wheat they needed, and frightened Tie
weakened American operators
1t was in the power of this country at
that time to have moved grandly for
ward to its goal, and led the world out
of bondage to gold, and have established
its financial independence as securely as
France did hers. But Shylock ruled,
and the people have submitted to the
sacrifices and humiliations entailed by
this blind worship of gold, until the
losses and business have become un-
bearable. The cap-shief was formed for
the temple of ruin by the scheme for
funding the treasury notes and green
backs, and the people were finally
that it shall not be.
Even the cOokoos in congress, some
of them at least, recoiled from that mad
attempt to subjugate the people to the
executive will, and the mask is thrown
off by the oddities in sheer desperation;
and all in the name of sound money by
mere din of sound, they are conducting
another campaign to accomplish their
fell purpose.
In London they know that we have the
power to restore the parity of silver for
the world. Time and again they have
been compelled to admit it. Knowing
this, too, their. at-prts are being re-
doubled to prevent the very consumma-
ton of this by America.
Not only can we do it, but we can bet
ter do it alone for the Independent action
of our people would force England to
follow or make New York the center of
exchange for the vast trade of Asia and
South America, and of all silver stand
ard countries.
A few facts will explain the theories
OF those who say that the price of silver
does not affect the price of wheat or
cotton. On the 7th of March silver was
quoted at 605s cents per ounce.
The same day cotton was quoted at
55s cents per pound in New York.
And May wheat in Chicago at 53%
cents per bushel.
On April % silver was 81 cents; cot
ton tx cents, and wheat 59R cents.
The sooner the wheat growers real
lie the truth as to this matter and vote
accordingly, and turn down the politi-
clans who have so long betrayed them,
the sooner will relief come
j. w. PORTER.
Charlottesville, Va, April 20, 1885.