Rocky Ford enterprise., 1896-09-03
NO. Ia.

flood the country with cheap silvwfs
Why are not those countries "iooded?.
The question suggests it's own answer.
The amount Of money In q country, like
the wage rate. depends upon Industrial
and business conditions. Every coun-
try will get and keep Just its share
OF the worlds money. whatever the
substance OF which It Is made. This 10
automatic. II India has but $3.33 per
capita It is simply because that amount
Is her share OF the worlds money under
existing commercial conditions. When
the richer and more powerful nations
adopted the gold standard the poorer
and weaker countries were left on the
silver basis, but 1t is grossly illogical
and false to history to say that tho
land was the richest nation In the
world long before she went to the gold
standard. Germany rose to the height
Of her imperial greatness upon the sill
yer standard. At the same time other
silver countries Jagged behind. To-day
some Of the most wretched of countries
are upon the gold standard. The alb.
surdity OF the per capita argument will
appear when we carry Mr.. Cases fig
ures little farther.
He tells us that Central America has
1913 per capita. Japan 81. India $3.50.
China S2oS. Mexico $5.47. These coun-
tries he compares with the United
state0 and the principal European ma.
tions. Let me add some others to
the list. Norway. s6.65. Sweden
$50. Turkey $4.09. Servia $3.78.
Bulgaria $1.76. The average of these
five gold countries is $3.s7, while the
average Of the five silver countries
given below Is $3.71-surely not enough
difference to be seriously considered.
II will be seen that poor. miserable.
half-starved India. bled almost to death
by the hand of the despoiler. has %
cents per capita more than gold-stand.
ard Sweden. Mr.. Cases statement that
the United States has $24.34 per capita
cannot pass unchallenged. The latest
treasury report shows 1t to be $21.1&
Even this is an exaggeration, because
In arriving at those figures the treas.
ury department has made no allowance
for unknown losses. But conceding II
to be CELLS. how much does Mr.. Case
think 1t would have been II the money
power" devoted to the gold standard.
could have had Its way? He certainly
must know that all of the silver portion
Of It Except the small change. about
$3.50. 900 900, has been added to our cur.
rency in the face Of the most deters
mined opposition on the part OF those
who are now leading the fight for the
nj ato a avx yya
been In favor Of contraction. unless thsy
could do the expanding by the issuance
Of bank notes, and they are In favor d
contraction now.
As to the People of Mexico.
One word more. Mr.. Case says M.
Bryan tells US that the people of Mex.
leo are better of financially than are
the citizens of this noble republic
This statement proves that Mr.. Case
does not understand Mr.. Bryan'- ar
yer advocate has ever claimed that Mex.
leo is better of than the United States.
in the absolute sense. We have Q
thousand advantages over Mexico. with
which every student of history is famil.
lar. Surely Mr.. Case does not think
that II Mexico had adopted the gold
standard In 1873 she would be abreast
of the United State. to-day. What sill.
yer men claim is that Mexico Is rela.
lively prosperous; that. while in the
United States business is depressed, in.
dustry stagnant and almost everybody
complaining of hard times, Mexico 10
more prosperous than ever before, and
is now advancing with great strides.
II Mr.. Case will reflect for moment
upon the significant circumstances that
in Mexico everybody is satisfied with
the existing monetary condition, while
in the United States vast numbers Of
people, probably majority. are now
and have been for years strenuously OBJ.
jecting to the gold standard, and that
there Is great discontent in every gold
standard country, it. may possibly 90.
cur to him that there is something
wrong with that standard which he ha1
not discovered, and that his i've propo-
sitions are very far from being eonclu.
swell. F. Bartine In Chicago Record.
.s'- Threaten Revolution.
II all the voluminous and multitudi.
nous lies that have AnAAated from the
brain Of old man Rothsehild and the
devil and found expression in the voice
Of the agents of the money power were
put into books the world itself would
not hold the books thu would be writ
ten." The latest ig the threat that
Wall street will wreak terrible venge-