Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1896-08-07
te,nAY MORNING. AUG. 7. 1896.
Nominees of the National
Democratic Party.
FOB PRESIDENT,
WIN. J.. BRYAN of Nebraska.
FOR VICE PRESIDENT,
ARTHUR SEWALL of Maine.

FOR VICE PRESIDENT,
ARTHUR SEWALL Of Maine.
For Congress, 10th Va. District,
H. D.. FLOOD, of App0matt0x,
WHAT THE GOLD STANDARD DOES
IN STANTON AND AUGUSTA.
We were talking last week to one OF the
most intelligent men of this. OIL any other
community. He owns far M OF two, he
owns stock in several banks ard banking
associations, be is a bank director, and he
is well to do-just the situation in which
one would look for gold bug. The sub
iect of the conversation was the price Of
farms in Augusta twenty years ago and the
price now, and the fact that in 1873 farms
in Augusta brought $50 an acre, which
to-day, with better houses, better roads,
better schools, better railroad facilities,
and with all the improvements which have
been added, 90 I; begging with no purchas
ers at half the price.
He attributed the decline to the high
yalue of money, and his remarks on the
subject were so striking that we give them
gave them;
Nanybody benefited by the present
,e of money. Ask the merchant :?
- IL you that the people have so little
d value that so high that they buy
NJ c, oJoco that business is duIl
ana profits are small, that he must reduce
his rent and the salaries OF employees. ASK
the mechanic? He will tell you that either
there is no work OIL he has to contract at
.easuch low figures that be either loses money.
sr his profits barely enable him to live.
TASK the farmer? If in debt, he sees no
~ ray of hope, as at present he can barely
II live and pay his taxes. Ask the Banker
or Building and Loan Association men
q They will tell you that the paper of good
t&men has to be renewed over and over, that
sprompt payment Of money obligations are
= ception, that property on which loans
San oAS neen made on the margin of one-halt
nav pa line Inc will not now sell for enough to
us Md tne debt, that the people in ordinary
pay Ons have cased to borrow, that
ciioe ~ hsino no profit business and ali
.nel ast ments promisig rather a decline
.1yance, no oneoan i borrow safely :7,
idis-, and Len institutions will
D that they ,~-~e ,aded as deep as they
" with endorsements, collaterals,
-sages and real estate properties, which
they should be forced to collect at pres
}sasent prices would bankrupt their debtors
and would come far short OF settling theil
obligations. Is the private creditor any
better off HeknoWs that he cannot real
: lZe so cents on the dollar if he were to ex-
haust the securities of his debtors.
"As an argument to wage earners and
men OF fixed incomes we are told that
making money more abundant means that
their wages and salaries will have only
~ e the purchasing power they have now
LES +IFio5iJa nv man Of common sense know
that if the profitsof business are reduced
TO nothing no one an afford to pay wages
Or salaries. and that they h must acceptsuch
wages and salar;os -. .ae profits of bust
ness will OF y Ind the greater the profits
5 tho nlgner will be their wages. How many
men are there now unable to secure any
place where they may earn support?
But we are told that money being more
valuable will purchase double what it once
did. Oh will do if silver is coined free. Docs
any one want such a state of thing to con-
Jlnue as the present. Of what benefit is it
81 10 the man who can't get any kind of dol
lar, to be told that if he only could get one
IL would buy twice as much as it once did.
Most men prefer the so cent dollar to
none.
But are the expenses of living so largely
decreased? Are taxes any lower Are
board bills, railroad travel, Oh any Of those
things which SO largely make up the expen-
ses OF living to most men. in any degree
less Mere meat and bread do not enter
very largely into the expenses of living.
But clothing is so cheap! Suppose it is,
now much does the average man spend in
clothing?
but admit that we get everything we
buy at or below the cost of production, do
we not thereby deprive others OF a just
profit Oh rob them of their labor and prop
erty.
But have been saving money to buy a
mousse OF farm and your free coinage Of sill
sei VIII make me pay twice what 1 would
nave 10 pay now.' That is true, but my
irlend, you ought in all justice to pay your
a'elsnpor just twice as much for his farm
VI mouse as you would have to pay him
now II he is forced to sell, because doubt
less IL mas cost him in hard earned money
ana LABOR just double the present value,
ana you certainly do not wish to rob your
nelghbor in his necessity.
Ihe free silver men are not trying to
ieduce The value of your precious dollars
uown to 81 cents as you say, but they are
going TO bring property and labor up to it's
proper ratio, so that your dollar shall pur-
enase dollars worth of property OF labor
ana no more and no less. And they are going
uo tnls, not out OF any particular han
ssllhg after your dollar, but that equal
''aa exact justice may be done to you and
ssn the other people who have the happy
privilege OF living with you in this world p
CAMPAIGN OF EDUCATION. (
Ihe Republicans while conceding the
strength of the silver wave among the peo-
PIE now, say that campaign OF education