The Caucasian. (Clinton, N.C.) 188?-1913, 1896-07-09
TWENTY YEARS or the GOLD STAND
ARD.



ARD. II
God save Is gresn Its Confirmation
John II. cherry. in chicago sentinea-l
Thirty years ago our pubiic debt
was s. 500 10000 Abou, one-third of
this IVES in bonds held in this country,
and the OF her two-thlrds was in green
back. and L. ). treasury notes In cir
culation among the people a. money
The secretary OF the treasury, in bis
report 10 congress December 1, lss5,
said that the people were compare
lively free from debt, business was
done for cash; there Was less per
cent. Of credit business than Was ever
before known, and that the prosperity
Of the country was without, 3 parallel
in its history.
Now this Industrious people after
| thirty years of hard work come 10 look
| over the books and find the following
Debts, public and private, si0,ocO,e0,-
/ 0o0; annual interest on same, S2,uon.-
00o,0Oo; people in enforced idleness,
| 5000 900 which At \ dollar day, means
q net loss To the country of s1,Ooo,OoO,- /
600 year; 65 per cent. of the people /
own no homes, Is per cent. have mort |
gagged homes and only Ii per cent. yet |
own homes free from mortgage. In
New York City alone loOO0 children
died last year from want of the neces-
sarias OF life, and that means hundreds
OF thousands in the whole country.
Add to this the unnumbered suicides,
the wrecked lives, the wrecked hopes
and homes.
; Nor is this ali. Europe holds our
bonds to the amount of 5000 100000,
the annual interest on which is $780,
100000: and she also owns millions
and millions Of acres of our best lands,
land has mortgages to the amount OF
, hundreds Of millions of dollars on other
lands that by the grace of our con-
gress stipulates that it is to be paid sin
gold coin of the United states of stand
ard weight and fineness." And these
{ are only a part of the items. The
+. blacklist pages Of history furnish no
e parallel to it. Never before were q
brave, free people in single genera
ton SD completely sold into debt and
. slavery, their hopes and ambitions
' crushed, the lives of their helpless lit
e tie ones destroyed, and their republic
e ruthlessly mortgaged to a foreign
S monarchy by their trusted representa-
!, tives-and nobody hung for it.
d "But," says gibbering idiot, 81 De-
a lieve in sound money; just 'lect a
publican and We'll pay everything in
r gold" Where is the gold to come
IS from? We have about $SOO,0OOOOO OF
It gold in this country, and we produced
l. from our minis last year $46,OOO,OO0
d Now how are you going to make this
o pay interest to Europe $250,OO0,OO0
t. dividends on breweries, interest or
g mortgages, etc, 50,000,00O; besides
e keeping that little handful of gold in
IT this country to pay State and county
taxes, to redeem thousand million
d million dollars of "tOken money" or
demand, satisfy judgments and to pay
If debts when the other fellow gets ugly
e and demands illegal tender?"
If | can tolerate an idiot in an id
lots place, but that kind at the poll
l. makes me mad. If he can't be mad'
te to understand the situation then tr!
l. to get him to send his hound pu]
"a to the polls in his stead.
"GOOd hit" says an 1S-months OLE
n free silver Democrat, "coln silver too.
at Alright. We produced $5l 100000 0
r and it makes just 70 cents a head t.
he our 20 million people. Then tell tn
re farmer you have brought him 70 cent
IN to lift the mortgage off his farm an
1T he will be apt to give you lift wit
the toe of his boot.
There is but one peaceful remed
no for our condition. First, coin all tn
.d gold and silver shat we can get hol
70 of and make England receive eithe
o. at our option on those coin bond:
no Second, issue and put in circulation i
n building roads, bridges and othe
ha needed public works, U. S. full lega
tender money up to $50 per head Q
IS our population and keep it in circula
I'm her 70
IN ey forever. Third, a graduated incOm
tv tax, and l would say graduated Ian
ns tax, making the tax on homestead
ot either nominal or totally eXemp
a Then if we will "put none but Ameri
10 cans on guard" and will be as wild
~ awake for the next thirty years as W
ne have been sound asleep for the las
~ thirty, we may restore liberty an
prosperity.
III 81 see in the near future a crisis az
~ preaching that unnerves me an
:e causes me to tremble for the safety
=. my country. As result of the wa
10, corporations have been enthroned an
G - an era of corruption in high plac,
&c will follow, and the money power (
" the country will endeavor to prolon
,n its reign by working upon the prejt
=, dice of the people until all wealth
On aggregated in few hands and the n
81 public is destroyed. l feel at this M
". ment more anxiety for the safety
az the country than ever before, even
VI the midst of war."-Ab raham LincOl
m
oh The Horseless Carriage.
n In fact, it is so thoroughly accep
"a, nm ed that the horseless carriage b
tic come to stay, that scores of mani
is facturers are already engaged
IT turning out these machines Of mar
DE- iif and varied types. Their first u
Ike Will or course come IN the elite
of where there are good roads, and f,
sss; such purposes as light expressag
' hv The great value of the horseless ca
IS riage, as compared with the old styl
is its far greater cheapness. III
use Of horses in our cities, for j.
l. stance, in practically forbidden to a
except the very rich. But tea
ow fed with oil or naphtha, at cost
no a few cents a day, will perha]
ro, eventually place barouche for afte
81 noon rides in Central Park with
the reach of any bookkeeper Or cler
be- When man earning $4,000 ye
W. in New York city can maintain /
md equipage which will trundle hi
my twenty miles away from his fiat in
lay hour, whole new class of citize
will become victims to the TENN
TO baseball mr. oc1f habit from uh;,