davidaulloa/AmericanStories huggingface dataset:
The Globe-republican., 1896-09-17

0tStbSm EfO9P6ettys
Great Britain Is enjoying an era Of
unexampled prosperity. The mills and
workshops of England are ablaze with
activity and wage-earners are content
eddy employed. We hear no more Of
bread riots on Trafalgar square and
the walking delegate has been ST.
fenced.
The transition from pinching want
and spiritless idleness to copious
plenty and lively employment is COIN
cident with the gradual operation of
the Wilson free trade bill. Although
it may be entirely unrelated to it, the
fact is. that English mills were closed
and English workmen idle while the
Mckinley bill was on the statute
book; now the mills are going and the
workmen are employed and we have
the Wilson bill and general stagnation.
Give the English manufacturer
free and practically unrestricted mar
ket in this greatest and most vora-
ciOus consuming country and he will
keep his workmen busy. By the same
license the American manufacturer is
forced to close his mills and throw out
Of employment his workmen. This is
not a theoretical platitude; it is a pom
derous verify which is being illustrat-
ed most wildly by contrast between
England and America at this writing.
What has the silver question to do
with the premises? Absolutely moth
ing. Industry has revived in England
because England has found market
for her wares and manufactures. In
dustry is paralyzed in this country be-
cause England is making and selling
here the wares and manufactures we
ought to make for ourselves. It is as
The Globe-republican., 1896-09-17

Populist Statistics Which Prove Sound
Money Statements
The Arena, a populist magazine. pub
fishes a series Of pictures intended to
show the great decrease in the purchas-
ing power of bale of cotton. owing to
the alleged characterization" of silver.
The money value of the first bale is
given as $416.90 in 1865. The next in
the sale series is for 1870, when the
money value had shrunk to $119.90.
Other pictures give the varying values
down to 1894, the conclusion from the
whole being that the lack Of free sill
yer has caused the fall in the price of
cotton.
How false this argument is can be
seen by looking at the figures quoted.
Between 1865 and 1870 the price Of cot
ton fell from 1888 cents per pound to
1898 cents. BY 1873, the year of the
''crime." the price had gone down to
1880 cents. In other words, the money
value of a bale of cotton shrank from
$416.9O in 1865 to $94, difference
Of $322.90. while the country had free
coinage Of silver at 16 to 1. Since that
The Globe-republican., 1896-09-17
Money value Of 500 pounds in 1865 at
$0.83.38 per pound, $416.9OO
(Money value of 500 pounds in 1873 at
$018.80 per pound. $94D
EHB(

Money value Of 500 pounds in 1896 at
$0.07.S0 per pound. $39)
time the fall in price has been much
less, having been only from $94 in
1873 to $50 in 1896 at the present quota
tons Of $50 cents per pound.
The history Of cotton prices shows.
therefore, that under free silver The
price of q bale Of cotton declined
$322.90, or 64.58 cents per pound. in
eight years. Under the present fnan-
cial system the price has only fallen
SIS per bale, Of IL cents per pound in
q years. In face of these onlcial
figures how can any intelligent man
pretend that 1t was the change in our
currency laws in 1873 which has re-
dueed the money value of cotton?
The advocates Of free silver may at
tempt to answer this exposure Of their
low price for cotton argument by show
ing that there was . great increase in
the cotton crop between 1855 and 1874.
This u true. but there has also been .
1hr 0reater quantity Of cotton produced
every year since 1873 than ever before.
The Globe-republican., 1896-09-17
FREE COINAGE.


Rev. Dr. Bscklsy 0aosss HIS Expsflsae
- N nlastratioa.
Rev. DR.. ]. NJ. Buckley, editor Of the
New York Christian Advocate, In con-
Quoting a Question Drawer" at the
Lake Chautauqua Assembly day or
two ago grappled with the silver ques-
ton. Following is the question sent to
him and his answer:
Q.-What would be the probable ef-
feet on missionary enterprises IL free
coinage of silver were to become law
of the United States?
Alt would instantly or very
speedily reduce the incomes of the for
eign missionaries or it would compel
the raising Of a vast amount more
money. The salaries of all foreign mis-
sionaries have to be paid in gold. Re-
Gently in India the silver rupee las
diminished in value to such an extent
that one denomination has been COM
PEELED to make great additions to its
budget in order to equalize the sala-
ries of missionaries in that country. I
know Of denomination with whose
affairs l am familiar that sends about
$500, 900 in gold from this country every
year to foreign missionaries. Under
free coinage, II silver became more and
more our money. and we had to take
contracts on q silver basis, you can
readily sea what the effect3 would be.
When I first went to Europe, it was
during the civil war: had to go, and
I said to man, 60 to Boston and buy
me six hundred dollars worth of gold.
He went and came back. Had not
bought any. He said that gold had
gone up to 1.20 and that he did not
want to waste my money like that. I
said to him, go and chase it and get it
He went, and the next night came
back and reported that it had gone up
to 1.35, and that he certainly did not
want to waste my money at that rate.
I said must have it, even If you can
only bring back one hundred dollars.
bring it. BY that time it had gone up
to 1.50. When I got over to the other
side I discovered that gold had not
risen at all, but that greenbacks-the
legal tender in this country-had gone
down. Voice in the audience is
right While there I had to borrow
some money, and made the contract
to pay it back in gold after I had re-
The Globe-republican., 1896-09-17

uce. The whole case lies in the simple
fact that free trade gives the work to
the hundreds Of people who live in the
old world and takes 1t away from our
own people.
It was the free trade vote of 1892
that caused what the platform adopted
by the recent convention in this city
called cessation Of our prosperity"
Instead of that condition being tracea-
BILE to any conduct of the republican
party 1t is traceable directly to the
panic produced when this country
voted for free trade. It is part of the
work of the republican party to rectify
that tremendous misunderstanding
Commercial.
The Globe-republican., 1896-09-17

daddies. After passing 3.1s7 .642 resolu-
lions denouncing the horrible crime of
963 the onionites marched in a body to
the palace of their pharaoh and de-
manded that the unjust law enacted at
the instance of the catbugs should be
repealed and the bicatallis standard
restored. Ram Bunkshus listened to
them patiently and answered.: Great.
no doubt, was the wisdom of our an
cestors. But am In the wisdom bust
ness myself to some extent. When the
ratio Of Is to 1 was adopted, that was
the true ratio of the cats and onions.
Now. owing to a great increase in the
quantity of onions, the ratio Ia 30 to 1.
All powerful az I am. I cannot make
onions worth more than their market
value. The present standard stays.
As for you, o foolish oni0nites. your
leaders shall feed the sacred crocodiles.
The rest Of you will return to your
farms and hustle. have remarked"
Thus ended the first and only cur
rency agitation in Egypt.-Whiddsn
Graham in Puck.
The Globe-republican., 1896-09-17

plain as the alphabet and yet the sill
verites are yelling for more free trade
and for free coinage of silver in the
same breath.
1t is not pleasant for an American
to contemplate this marked condition
with the condition presented in 1891
and 1892. He feels like kicking him
self and everybody else for being de-
ceived by the free trade cry OF 80 and
opening our markets to Great Britain
to our everlasting injury. To him the
tariff is the great issue in this cam
paign, Notwithstanding the emotional
lists are barking up the free coinage
tree. Therefore he will vote for a re-
turn of the industrial prosperity which
in 1892 he helped to give to our great
rival across the sea.-Detroit Journal.
The Globe-republican., 1896-09-17
Double stand.rd Maple Sugar.

Double Standard Maple Sugar.
The Mohawk valley was settled by
the Dutch, as your readers know. When
the country was new Yankee peddlers
came through the settlements and pur-
chased the crop of maple sugar. On
one occasion a green Dutchman sold a
Yankee his maple sugar far below the
market price and his neighbor leased
him for being deceived. He said in re-
ply: "You wait and I will viz him
next year." The next spring he sold
his crop of sugar to the same Yankee
at the same price. When his neigh
bors rallied him he said: Il am no fool.
made the sap that sugar was made
from of half spring water" The green
Dutch farmer had just as much COM
mon sense as those cranks who assert
that so cents worth of silver and an
equal amount Of water will make a dol
lar worth 100 cents in gold at the pres
ent standard.-F. G.. in New York Sun.
The Globe-republican., 1896-09-17
ALesso,s rnoM EoYpr.

Showing Hov sAna Csanszy HAilsA -
A.ansah tAs RasS&
The ancient Egyptians h0R . cur.
rency based On cats and onions. both
Of which were sacred objects worship
ed by the people. Az there was como
dificulty in storing the cats. and a. the
onion was liable to decay. circulating
medium was provided Of papyrus strips.
representing . certain number Of cats
and onions at q ratio Of Is to I. This
was true double standard system and
is believed to have been the origin Of
modern paper currency. For . time tho
cat-onion money circulated at par, but,
the historian FaQue Hur records that,
about sS3 b. c. q serious difaculty
arose. New colonies had been estab-l
lished in the region Of the upper Nile.
and the savage Nubians had been
taught the art Of agriculture. The
rich. black soil Of the valley which they
inhabited was especially suited to the
growth Of onions. and the production
Of those perfumed bulbs was soon
enormously increased. Meanwhile the
cat crop had only grown In the usual
ratio, and the result was that. with
the demand for sacred animals In the
new colonies. at least 30 onions would
be given for one cat This brought the
papyrus currency into disfavor. and
the ruling pharaoh. Ram Bunkshus
ILL.,. issued q royal order that cats
sh0u1d he tina a0lA standard 0f value
and that onions should be issued only
to the extent that they could be kept
at par with the "caterwaulers." as the
unit Of value was termed.
This did not suit the onion growers.
who at once started an agitation for
the free and unlimited coinage Of all
onions at the good old ratio Of their
The Globe-republican., 1896-09-17

mo. sir" said the man who was
chewing a long straw, Il amt satisfied
yet. I don't think airy one o. them con-
ventions went fur enough"
Il thought you regarded the future
very hopefully"
II did fur a time. But in the excite
ment we overlooked things tibet orter
"a been done. 1t never occurred ter
me at the time, but we made a big mis-
take by not havin' plank put inter
the platform maxim it ag'in' the law
fur it ter rain on a mans hay when.
he's gone ter town ter tend a p'litical
meetin'. "-Washington Star.
The Globe-republican., 1896-09-17

the crop for 1892 reaching $685.
bales ~ compared with $3.50. sos bales
in 1873. the largest crop during the
period from 1865 to 1873. so that II in
creased production caused the great
decline In prices in one case It is sure
~ fair to credit 1t, and not the stop
page Of free esilver coinage, with the
lower prices Of the past % years.
The Globe-republican., 1896-09-17
A, Eu,o.n. B,-.s.li,s..s Op,.,o..

An Eminent Bi0ota1llss's Opinloa.
Professor Edouard Suess, the leading
bimetallist of Austria. states briefly
but with great force the objections to
free coinage by this country alone
The result would be, he says. 1.-The loss
of all your (our) gold, and the obliga-
ton to buy in England the gold neces-
sary to meet your (our) obligations in
foreign countries" He declares that
zone nation alone is too weak to take
such q step, which must lead to a
financial and perhaps an economical
crisis"
The Globe-republican., 1896-09-17

This must be q campaign Of educa-
ton. We advise men to study, talk and
read all they can about this great ques-
ton, but do not get mad at your neigh
Dor who does not think as you do. Re-
member he is entitled to his opinion
and to respect. All the facts are not on
one side. There are plausible things in
favor of free silver, but there are more
plausible ones in favor Of our present
standard. - Richmondville IN. ~
Phoenix.
The Globe-republican., 1896-09-17

turned. Now, mark; at IS time I Dor
rowed, gold was selling in the United
States at Leg. and in less than six
months after came back had to pay
2.22 for it; and it had been up and
down according to our success or de-
feat in the war.
The Globe-republican., 1896-09-17
WOULD HURT INSTEAD OF HELP

How Xfee Coinage Would 1njaro the
The chief strength of the 16 to agi-
tation lies in the belief that it would
benefit the agricultural classes. This
is serious error. The facts Of all
human experience show conclusively
that free silver would cause widespread
and prolonged injury to the farmers Of
this country.
The mere threat of free coinage would
greatly injure the farmers by causing
an immediate calling in of all loans
through the natural desire Of lenders to
get back money worth as much as they
lent. Hundreds of thousands Of farmers
would be unable to pay their mort
cages, and their farms would be sold at
. sacrifice. No new loans would be
forthcoming, as the owners Of capital
would not invest so long as there vas
any danger that by change In the
money standard the value Of loans
would be cut in two. As the chief COM
plant Of the farmers now is that inter-
est is too high and capital is too scarce.
the effect of policy which would make
capital scarcer and dearer can be fig
ured out by each farmer for himself.
A second way in which free coinage
would hurt agriculture would be by the
financial panic which would inevitably
follow the overthrow of our present
sound financial system and the adop-
ton of the unstable cheap silver stand
ard. With the millions of bank de-
positors demanding their savings the
machinery of credits, by which so large
part Of the country's business is done.
would be suddenly stopped. Merchants
would be unable to buy goods for lack
OF credit: manufacturing industries
would be closed down, as in 1893. and
millions of workers would be idle.
Men out of employment do not buy as
much farm products as when they are
at work, and the farmers who now
complain of the lack of markets for
their produce would find themselves
with a large part of their crops un-
sold. Would not this be serious in
jury to agriculture?
Another evil which free coinage
would bring to American farmers
would be the unsettlement Of their
trade relation with the great gold
standard commercial nations, which
purchase each year $6OO,OOO,0OO worth
of our surplus farm products. The
adoption of the silver standard. with
its constantly fluctuating scale Of
prices, would prove the same barrier
to commerce between this and other
countries that it has to trade between
gold standard Europe and India, China,
and Japan. Do the farmers want to
curtail and unsettle our foreign trade?
These are some of the ways in which
free coinage at 16 to would hurt the
farmers. No advocate of 53-cent dol
lars has ever been able to show a single
way in which it would help them.
FREE SILVER AND PRICE OF
The Globe-republican., 1896-09-17

The new tenant visits the family On
the floor below. After a few compli-
mentary remarks the lady says: "Shall
call my daughter to play something
for you on the piano? You haven't
heard her yet" ''Oh. yes have: and.
to tell the truth. the landlord let mo
have the apartments . third cheapee
a that account Siftings.
The Globe-republican., 1896-09-17

I'VE don't want any Scent dollars
in this town." was the emphatic greet
ing of a workman to the presidential
candidate of the populists and silverites
as he passed through Huntington.
Pa. II the American workingnen are
wise they will see to it that every town
and city in the United States gives
the same answer to the free coinage
appeals for votes.
The Globe-republican., 1896-09-17

SQUAD Sense About Sound M0aey.
No matter how sound our money may
be it will not conduce to our prosper
lily % long as its principal mission II
to pay the foreign manufacturers for
goods that ought to have been manu-
featured in our own country; 60 long
a the chief avenue Of its expenditure
points away from instead Of towards
home. Four years ago our money was
also active. 1t paid to American work
ingmen the highest average wage they
bad ever received: 1t kept our indus-
tries busy turning out the largest pro-
duction they had ever known: 1t moved
the wheels Of commerce in all direc-
lions, caused the largest known con-
sumption Of the products Of our farms
and, in short. brought to every legid-
mate interest In the United States .
degree Of prosperity without previous
parallel. This it did because It W.
backed BY systematic and uniform Do
lection. We need to get heck those -
vosable conditions.> We shAll Aot -
SeoGperous until We do.-The 0erantso
QA) TffbunA July =. 1856.
The Globe-republican., 1896-09-17
japan for Instance.

Japan for Instance.
Japan has silver currency, AMI the
wages paid in that country are very
low. The money in which the wages
of laborers are paid, being measured
by the silver standard, has steadily
shrunk in value during recent years.
In 1889 sugar was about 21z cents per
pound in Japan. a carpenters wages
were Is cents day; in 1891 sugar had
advanced to a trifle over cents per
pound, while carpenters wages had
gone up to 15h cents day; in 1894
sugar was 3hs cents per pound, carpen-
ters' wages 17A cents per day. In 9TH
er words, q weeks wages in 1889 would
buy 36 pounds Of sugar; in 1891. 81
pounds; in 1894. 20 pounds. Wages
have nominally increased. but the
prices of commodities have increased
so much more rapidly that the condi-
ton of the wage Garner has been con-
stantly getting worse. Under the sill
yer standard in Japan, rice advanced
in price 62 per cent from 1889 to 1895;
beans, 80 per cent: salt, 26 per cent. and
tobacco, 4S per cent. The average in
crease in wages was about II per cent
for the same period. Japan's currency
has been steadily depreciating under
the silver standard, the common people
growing poorer.
The Globe-republican., 1896-09-17
POINTER FARMERS.
WHY THE PRICE OF PRODUCE
IS SMALL.

0tats0ent BY . Practical Farmer Which
Il worthy OF tho Consideratioa OF
Every Tiller Of the 6oil-ConditSon
and Theory.
The Globe-republican., 1896-09-17


The populists continue to assert that
there was bimetallism and the co-eQual
circulation Of gold and silver a. legal
tenders down to 1.-The crime Of 1879
Yet in all that time only 5000, 900 sill
yer dollars were coined. and In 1873
not q silver dollar was in circulation.
The act Of 1873 simply recognized the
fact Of it's non-existence as currency.
Since that act upwards of 400. 00O, 900
silver dollars have been coined, and
they are kept In circulation BY the de-
vice Of silver certificates and the prom
Use Of the government to maintain
them 1t . parity with gold. But with
the free coinage Of silver on private
account this Obligation would CEASE.
and those who should receive the sil-
YER dollars In payment Of Wasos or
salaries or debts would have % look
out Ter themselves.
The Globe-republican., 1896-09-17

Cheap money means dear goods. II
you want to pay double prices for
what you buy and take slim chances
of getting moro wages. vote Tor the
q 70 scheme.
The Globe-republican., 1896-09-17

More money" is the delusive cry Of
the silverites in their campaign for
cheap dollars. But they do not attempt
to show how a 16 to free coinage law.
which would put our $500. 0OO. 900 gold
at a premium Of nearly 100 per cent.
and drive 1t all out Of circulation. could
possibly give US more money than
we have now.
The Globe-republican., 1896-09-17

Government Ownership Of Silver Mines.
Why is it that both the populists and
the democrats failed to put a plank in
their platforms demanding that the
government own and control the silver
mines Of this country. so that the profit
which would be made from free coinage
would 60 to our government and thus
Indirectly be benefit to the whole
people? Why should this profit go to
a few individuals who own the silver
mines and who are already enormously
rich? Is not this building up one Of
the most dangerous trusts that the
country has ever seen?
Think of few men having under
their control all the silver Of this coun-
try and the government compelled to
turn it into dollars as fast as they
produce it! Suppose that these silver
men combine to shut down work on
their mines when they want to produce
a stringency in the money market.
then open them again when they want
to make money abundant. Would not
this put the whole business of the
country at their mercy?
The Globe-republican., 1896-09-17


To q man who has no money there
are several ways to get it-namely:
(a) Beg it.
d. Steal it.
(c) Borrow 1t.
(O Secure it by gift
(e) Trade something for II.
II we are to beg for 1t. We might
Just as we'll do the best we can. There
fore a dollar based on a gold standard
is better than 16-to-1 silver dollar.
which to-day is worth about So cents
intrinsically.
best. A thief who would steal a sill
yer dollar in preference to gold dol
lar would be acquitted on the ground
that he was insane.
If we borrow 1t, we want that kind
of money which will go farthest. for
80 we can get along with smaller loan.
Therefore a gold dollar is better to
borrow than a 16-to-1 silver dollar.
II we are to secure it by gift. GER
tainly we should not depreciate that
which we are about to receive.
This brings US to e. which is the
way most money is obtained. A perth
nent question for each of US to ask at
this time is. What have I got to trade
for money which I want? It may Re
labor; it may be horse or cow: it may
be lumber or shingles; it may be
saw-mill. At the present time We can
trade any Of the above and get gold
dollar for every dollars worth of value,
as may be agreed upon between buyer
and seller. We can get dollar which
is worth dollar anywhere and every
where.
Now, your labor or horse or COW CT
lumber or machinery will be worth just
as much, or nearly as much, next year
as it is this, but IL we have free COIN
age at 16 to 1 will the dollar which you
get IN trade be worth as much as the
dollar you can get now? What will
that be worth? Can you tell? 1t may
be worth IS cents or more or less. One
day this, one day that. but can any one
tell? These are all pertinent questions,
and, when carefully considered, must
guide us in voting at the next election
in November, and do not lose sight
of the fact that If all the silver in the
world is coined into money you cannot
get a cent of it except by a, b, c, or
e, above referred to.-Lumber Trade
Journal.
The Globe-republican., 1896-09-17

II the fact that some farmers are
poor is used to justify the confscation
of the property Of creditors. would not
the poverty Of the Coxey armies Of
tramps and unemployed workers justi-
fy them in demanding q share of the
property owned BY the farmers?