Shenandoah herald. [volume] (Woodstock, Va.) 1865-1974, 1896-08-28
Inconsistency.

Inconsistency.
One of the great bugbears OF the |
gold man is the fifty cent dollars
which will food the country should |
silver be remOnetlzed. NV 1t is
evident that The farmers and labor
ing men cannot discuss the hnan
clal question so fuently as those
eloved fellows Who DO nothing
but study and read up on the
question, but they can listen.
think, and compare notes. A few
days ago gentleman, who claims
to lie we'll veIsed on the gold and
silver question, SAID, that "If
silver should be restored and coin.
ed at the ratio of Is to /, we
wonId have a food OF atty cent
dollars" Keep in mind that the
restoration of sil,e r means a flood
of fifty cent dollars. LIVER he
dec AIRED that, "Should silver be
remonetized, the certain and I'M.
mediate result would be that all
the gold would 60 Out of cIrcula-
tom Us though gold vas now in
circulalion,) contracting the cur
rrncy five or six hundred millions
of dollars, making money scarce
and causing a panic through a
tight money market" Accordingly
| if we have free coinage the county
will I've flooded with fifty cent dol
lars and these dollars will be so
hard to get that there will be a
panic Taking the gold man at his
word we will have both cOnlrac'
lion and imitation going on at the
same time. Again the gold man
declares that, "The mine owners
had no right in Gods world to
take fifty FIVE cents worth of silver
10 The mints and have 1t coined
into one hundred Cent dollars 1t
is class legislation, be continued,
and will uDjustly enrich the mine
owners But the country IS to be
flooded with fifty cent dollars, how
does It happen then that the mine
owner can get our hundred cent
dollars when 10 one else cant Who
will be 80 generous as to give the
silver man Que hundred cents for
fifty cent dollars!
Then again Tree coinage would
make this country the dumping
ground for the silver from all the
W, rid.
Money coined in this country
must bs used here 1t will not pay
debis in any other country, and
the foreigner, who brings his fifty
five cent bullion and has 1t coined
Irto fifty cent dollars, must spend
them here and of course would
get rich qnick like the mine owner.
On consistency. consistency!
Another point the gold man
dwelIs OH with much emphasis ia,
"If you raise the price OF farm
products it will not benefit the
farmer, because lie will have TO
pay proporlionaly higher prices
for what he huvs-in other words
keep q1iet Mr. Far ner, take Doc.
for YOUR wheat anil thank the
Wall street gang that 1t has not
vet gone down 10 20 cents per
busheI. Every thinking man
knows that back in the days when
wheat was $3.50 a bushel, and
every other product IN prop )rtlon,
the farmer was prosperous and
business lively. Under a single
gold standard the prices OF farm
products are very low, aud going
Hover, and it takes all the money
the producer can secure to pay his
taxes, fixed charges and expe nses,
and exc out the very plalnest
living, and as a result be has no
surplus with which to make I'M
provements, or buy the products
Of the labor of others. H~nce tine
manufacturer and the merchant
have lost their best customers, and
he wage Garner his occupation
3 g how the farmer is squeezed
under the present two hundred
cent dollar arrangement. The
goldlte says to him, "rhere is all
overproducti1n of wheat, con
seqpenlly the price goes down tn
80 cents At the same time there
san oyerprodnction OF coal too
but the price of coal goes up, be
cause there IS too mnch coal! The
farm ar is told that he prOduc Q 80
many potatoes that the price goes
down to nothing; but when to'