The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-09-07
Candidate Mfers.s FaIIacies.

To the Editor of the Indianapolis Journal
Hon. Robert Miers, the Popocrat nomi-
nee for Congress in the Second congress
sional district, made political speech here
a few DAYS ago to a crowd of some eighty
or ninety men, women and children, about
equally divided. He was given very close
attention. Your correspondent attended,
knowing that Mr.. Miers is one of the ablest
Democrats in Indiana, and / had con-
fidence in the man to believe he would dis
cuss the issues of the campaign in an able,
1awyer-lil1e way, but 1 am sorry to report
I was not only disappointed, but Disguised
at the course he pursued. He gave the
Union soldiers a very warm eulogy, and it
seemed to come from the heart, but
believe, also. that the doctrine he preached
of free and unlimited coinage of silver
would be one of the hardest blows that
could be given the pensoner. 1t is the his
tory of every nation of the world that has
tried unlimited coinage of silver that 1T
depreciates the value of the dollar to the
bullion value of the silver. Mr.. Miers was
very unfair in his argument and evidently
aims to play on the emotions of the poor
and unsophisticated. He said When the
government puts it's stamp on silver and
calls it a dollar it is and would be worth
100 cents, especially if it is made full
tender for all debts'' He told us we lowed
England in round numbers four billions of
dollars All Europe recognizes silver
dollar, if not backed by gold, only at the
value of the bullion price of silver in it.
Now, the query is. if we try to pay this
vast amount of borrowed money with
money only worth 50 cents to the dollar,
how long can we get to keep that money,
and what will be the condition of our
credit? Would there not only be a rush by
England to collect all we owe them, but
would not others do the same? Would not
this grand rush ruin the American people
and close the remaining open furnaces and
factories in America? They all run on Dor
rowed capital and cannot run without it,
Mr.. Miers admitted that if put the sill
yer dollar back into bullion that it would
only be worth SO cents. Some of our Re-
publican friends asked him to explain why
it was that the silver dollar, when melted.
was worth only 80 cents, and the gold dol
lar. when melted, was worth 100 cents. he
failed to answer. Then they asked him II
he thought would be any better off TO
change our monetary system by the gov
eminent stopping TO buy silver bullion at
SO cents to the dollar and keeping the AZ
cents so to enable the government to
make the silver dollars worth 100 cents in
any nation in the world, or as good as
gold? They asked him. also if we coined
silver free for Tom. Dick and Harry. if he
parity? One dollar as good as another?
The/truth is that it has not been the his
tory Of silver when given unlimited com
nations trying it has advanced in value,
but the reverse is the rule. The question
that seems to bother the Popocrats is this,
if it does not raise the bullion price why
is it that the great millionaires that are at
the head of their party are working for the
free coinage of silver? The answer is plain.
Silver is natures free offering, and all it
costs the dscoverer of it is the labor TO
get it to the mint. 1t is all labor and this
is the slowest thing to advance in price.
This the mine owners well know, and they
are shrewd enough to know that if the
government will coin all their silver bullion
free of cost and make it fun payment for
all debts, that this will lay down the bars
to a larger field for their product and en-
cents to the dollar If there is no advance
on the bullion price OF silver, which is not
ers money on every dollar their labor
comes to. -Four years ago the poor people
belonging to the Democratic party We're told
that if they would only vote for good old
Grover and give them full power In Con-
gress they would so legislate that "all
their troubles would be over. This was
before taking. See the spectacle since.
If Mr. Miers did not want 10 befog his
hearers he would have told them that the
Democratic party was failure; that it
could not, would not, and never intended
to do what they had promised the people.
except to put wool and other farm produce
on the free list, and the result was the
fires went out of our furnaces and thou
sands of mechanics were thrown out
of their jobs and were compelled 10 go to
farming and become producers instead of
consumers. He would have told them that
our money system was the very best, that
there was no need TO try to disturb the bus
mess of the country by such change; ne
would have told them that the people had
weighed the Democratic party ana found il
too short u rule such country ours;
that the Republican party had run this
country successfully for n third of a GEN.
fury and gone though one of the greatest
wars of modern times: HI u paid all its OBJ
legations with dollars worth 100 cents to the
dollar; had turned over to them surplus
in the treasury and paid large per cent.
of the debt created by the war. and with
the best credit of any nation on the earth.
They were able to do this by a wise and
iudicious protective tariff and all this the
Democratic party destroyed i'm one short
term of office. leaving hundreds of millions
of dollars entailed on the American people
by their stupidity and general cussedness
Had Robert Miers told his audience this
he would have told them the truth. He
could have said. also that there was moth
ing now the matter with us as "a nation
except we have had entirely too much of
the Democratic party, and all we need Is
"a return Of the G.. o. Il.
Quincy. Ind. WHIT ANDERSON