Hutchinson gazette. [volume] (Hutchinson, Kan.) 1895-1902, 1896-03-19

Southern Mercury: The supreme
humbug of the age is the cry for
Sound money"
1t is the offspring of infamy-the
child of the gold gamblers and usury
grabbers.
No money can be sound unless the
government issuing it is sound.
No sound government can issue an
unsound currency.
Those who now cry Sound money"
do not want a currency that is sound.
They want system Of finances that
will enable them to grow fat off of
plundered people.
The idea of demand for sound and
honest dealing coming up from the
Wall street den Of thieves is ridicu-
lous.
The sound money hypocrites claim
that no currency 10 sound unless the
face value of it, at market rates, in
heres in the money.
To maintain this condition is an ut
ter impossibility, no matter if the
money is composed of gold, because
no power on earth can prevent fiuC-
tuation in the price Of any metal.
Mr.. Carlisles claim is that govern
ments cannot make money, that 1t is
the province of commerce and trade,
and that nothing is money Unless the
material out of which it is composed
possesses a commercial value.
Then, it is claimed by the same class
Of subsidized thinkers that no money is
sound unless it is clothed with the pow
er to circulate as such internationally.
This calls into question a variety of
money that never did exist.
One nation may clothe the currency
of another nation with monetary func-
tions and legal tender qualities, but
that result is wholly accomplished by
law. Without the law, it would only
be commodity outside of the country
issuing it.
The money gamblers would have the
! people believe the faisehOod that Amer
lean gold currency circulates as money
in France or England. This is alb
solutely untrue.
American gold currency cannot cir
culate in England as money because
it lacks the fineness Of English gold
currency, American gold currency is
nine-tenths fine, and English gold
money is eleven-twelfths fine.
Hence, American gold money only
circulates in England by weight, alb.
solutely regardless If the money
stamp it may bear. Our money is a
commodity as soon as 1t reaches a
foreign shore
Gold and silver currency passes In
this country at its face value because
ljir law is behind it just the same as
i. Is behind the greenbacks, and pro-
duces a dollar out of a piece of almost
Talueless paper.
AS matter of fact nothing is money,
no matter Of what substance it is com.
posed, without the fiat of the govern
'AANAt " DlCh IL L uG ldW Is dDSOlutely
necessary to make money. This is
as true as gospel, no matter what bank
ers or money gamblers may say to the
contrary.
There is about one-tenth less silver
in two half dollars than in dollar,
but two half dollars make a dollar,
simpy because the law says they shall
be dollar.
Twenty nickles are dollar, yet they
contain only about Is cents worth of
metal at the market valuation. The
law says twenty nickles shall be equal
in debt-paying power to dollar, and
hence they have this power.
A careful study Of the money cues.
ton will show that this claim for
sound money" is a demand of the
money gamblers and that there is nc
consistency or honesty in it, It is
only designed to bunco the people.