The Mason County journal. [volume] (Shelton, W.T.) 1886-1927, 1895-05-24
SHELTON MASON COUNTY, WASHINGTON FRIDAY NAY - 1sa;
SteWart'S Silver Satire.

slsippl, Is admirable. 1t who lly exon
crates you from all suspicion of shrink
ing from your plain constitutional
duty OF personal participation in the
political controversies which agitate
the people.
The originality OF your discovery
/ that the South favors silver moneme-
tallsm when it only contends for the
coinage OF silver upon terms and con-
ditlons applicable to the coinage of
gold can never be questioned. You
Will undoubtedly explain in your next
letter why the free coinage of gold and
refusal to coin silver is bimetaIism,
and the unrestricted coinage of both
gold and silver in silver monometalisn.
"IOU wonder why the South does
not appreciate the advantages of sell
ing its exports for gold prices is in
harmony with the profound thought
and great wisdom OF your Chicago let
ter, wherein, referring to the farmer,
you said: Let US remind him that
he must buy as we'll as sell; that his
dreams Of plenty are shadowed by the
certainty that if the price of the
tings he has to sell is nominally en-
hanced, the cost OF things he must
buy will not remain stationary
'Fr0m your unselfsh point of view
there IS no answer to this argument.
The discovery you have made that the
sales and purchases OF the farmers
and planters in a cheap gold market
exactly balance each other, and that
what is lost by the low price OF pur-
chaseS, solves the question and shows
yOnr full comprehension OF all the
principles OF economic science. The
fact that less than 100000 pounds OF
cotton or $4,000 bushels Of wheat
would pay the $4,000 annual salary
President Grant received, while it now
requires 1,OOO,O0 pounds OF cotton or
SO ,009 bushels of wheat to pay your
salary, which is the same number OF
dollars as that of your predecessor,
shows the superiority Of the "sound
money" you have established aud
maintained.
"Your wonder at the imbecility OF
the farmers and planters in failing to
appreciate the benefits OF cheap
market for what they sell is most
reasonable and natural frona your un-
selfish, comprehensive view of the
subject. You take into consideration
that cheap market where they sell
creates cheap market for what they
buy, and you realize, if they do not,
the advantages they have in selling
more than they buy, and thereby re-
| lieving themselves of more cheap pro-
duets than they are compelled to buy.
They are at liberty to sell enough
more than shey buy to obtain money
to pay interest and taxes, which to
them may seem hardship, but which
on account OF your superior wisdom
and patriotism. you know to be a
blessing which their dull com prehen-
sion fails to appreciate.
"The luxury of buying in cheap
gold market with money remaining
after discharging these nominal Obli-
cations is not sufficiently priced by
the discontented planters and farmers.
The slight discrepancy between the
amount lost in sales by low prices and
gains by purchases in a cheap market
ought never to be considered and IS
properly excluded from the wise and
benevolent councils of Wall and Lom-
bard streets, and also from the learned
deliberations of the White House,
where your annual salary of $4,000
is promptly paid in gold.
"Your declarations that the gold
standard established by the Republi-
can party in 1873 is the traditional
doctrine of sound money OF the DEM
ocratic party, ought to inspire every
Democratic heart with unbounded
enthusiasm. You are right. There
is not room enough on gold-standard
nlatform to accommodate the two old
parties in an active campaign before
the people, although the leaders OF
both have jointly occupied that plat
form for the purpose of legislation
and administration for more than ~
years.
"You have achieved the proud dis
tinction of being the first great Amer
lean statesman who proclaimed to his
fellow country the glory and benefits
OF the single gold standard. You
have the right to eject the Republican
marty from the platform OF sound
money. which you have rescued from
the ignorable obcurity OF candestlne
use by timid and unworthy Republl-
can leaders, who seer .tly monopollzed
the benefactions of the gold combina-
ton until you appeared as the Moses
OF scattered Democracy
i ..Tne hereditary rights OF the de
=, .,fn IN yof1r