The Caucasian. (Clinton, N.C.) 188?-1913, 1896-10-29
DENVER, Sept. 4 -

| Nj DEAR BOY our several gold
| bug newspapers together with the
circular lettor signed by the officers
of the Il. Il. Co., in whose service
you are so fortunate as to be at
present engaged, in favor of what
they arc pleased to call "sound mon
| ey,' have been received. / suppose
am TO assume that you approve
the continents expressed by these
Tories and that you are, like them,
throwing up your hat and shouting
Tor King George.
II you really have any desire to
understand and appreciate tho ab-
surdity of "goldbug" pretensions,
read Mr.. McKinley's letter of accept
ance. While no student of politi-
zeal economy can read that letter
without shame, humiliation and dis
gust that man Of his attachments
md position can so insult the inteli-
Eence of the people Of the United
States as to believe them innocent
hnd eredulous and stupid enough as
10 accept his tangle snarl of words
BIS argument" it furnishes q good
EsNA Of amusement to politicians.
The reason, quoth he, why the sill
Yer dollar now IN use would be differ
fnt from the one which would be in
pse under free coinage is, that one
$ coined for account of the Govern
hent and the other for private &C
Fount. Think of that! Could any
hing be- more deliciously absurd7
lhink OF carrying guide around
elth you to tell which of the two
aollars just alike, you have in your
pocket, was coined for Government
fnd which for private account, for
recording to Mckinley, one will pass
or one hundred cents and the other
for only tifty-three cents and you
fsnnot tell which is which without
he guide board
If you have seen anything in the
fomic almanac funnier than this,
Put both out and amuse your chill
iren with when they are old enough
10 appreciate the exquisite humor Of
But to return to our muttons. By
sound money" your friends evil
iently mean gold money, but they
10 not follow their promise to its
ogieal conclusion. If the elimina-
ion of one half the money of the
world has made "sound money! of
he other half, a further destruc-
Ion Of one-half the remaining
honey will make sounder money of
he fraction left. This is logical and
ndlsputable. You cannot escape
he deduction. Why then should
Te stop at "sound money!" Why
Rhould we not have sounder money!
let us legislate one-half the gold
money cut of existence then, to get
(hat great desideratum sounder
honey-the "bost money in the
Eorld.n
AS Sound money" has made the
Pushel of wheat worth. only fifty
ents instead of one dollar, as it was
Fhen we had money less "sound,' y
Jet US have sounder money to reduce
he price TO twenty-five cents. If il
as been and now is great benefit
10 the country to have wheat worth
Pity cents instead Of o dollar, it will
hanifestly be Of greater benefit tt
ave it worth only twenty-five cents
on cannot escape the logic of thi
proposition.
Indeed, why stop at twenty fv'
ents7 A further destruction of an
Pther fraction of the then existing
gold money, will indubitably bring
Fheat down to ten cents per bushe
lnd all other products of American
Industry in the same proportion
Nhat for, you askP Why, to ena
pie Great Britain to come into ou
narkets and buy cotton for he,
nlIls, wheat for her operatives ant
liver for coinage and to exchang
or the products of India, as cheaI
she wants 'em. Why notq w
nave already legislated one-half tn
aIue out of all these products o
Ameriean industry for no othe
reason than to enable Great Britia,
ouy them of US at half price, VIII
Pot sell them to this benevolent an
friendly power at quarter price G
ne-eighth price or any other pric
ne is willing to pay.
W course you can see that Gres
ri'ian only buys our silver becaus
ue does not produce it herself an
kOf this reason has come here for i
ae cannot get it anywhere else an
knowing this, complacently a
4 her to buy it at her own pric
pays for it, say slxty-fve cen
ounce, takes it home and col,
pto shlllings, crowns and sue
ilsh coins as are used in h,
fmous domestic trade, every CO