Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1896-10-29
BE PATRIOTS.

Upon next tuesday the voters Oh inns
nation will decide whether they will have
a financial policy oil their own or whether
they will still be dependent upon Eng
land; whether they will have both silver
and gold rs real money or whether they
will reduce the volume OF real money TO
gold alone, with silver rs credit money:
the same rs bank notes, drafts. checks,
ETC., are credit money, but in no sense
are they real money. The value OF all
property, rs expressed in dollars, is
measured by the number OF real dollars
in circulation. No one will contend that
bank notes, drafts and checks have any
effect upon values by reason OF being in
use. Why? Because they are redeem
able in something else. As long then as
silver is only credit money. based upon
gold can it add anything to the measure
Of value AS given bv gold, the real money?
Most assuredly not. But ii both gold
and silver are made into real money by
opening the minis to both and giving to
both coins equal rights, then we increase
the value OF all other property as meas
ured by dollars because the number OF
dollars have increased.
This then is the real contest whether
there shall! be few dollars and low prices,
to the benefit Of the few whose wealth is
in the form OF bonds and mortgages. or
shall there be more dollars and higher
prices. TO The benefit OF the many whose
capital consists OF their labor. OF cattle
OF houses. lands or other property. Free
silver will give these higher prices.
Ninety per cen, OF the people ia. or higher
prices, and those OF them who oppose free
silver do 50 because their party does OF
because they honestly doubt the ability
OF this nation to maintain the coinage OF
both at the old time ratio before it was
denied the marke: OF the nints. For the
former we have no tine 10 waste, they
are beyond redemption: 10 the latter We
appeal.
We appeal TO their patriotism. TO their
faith in their own country. 10 her ability
70 carry ont tina, which she undertakes.
Has tree America ever failed in anything
size ever undertook? Never. Then why
doubt now? There were doubters in &c,
in 1850. bnt they were not patriots. Be
patriots: doubt no longer. The substance
OF all the arguments brought against the
independent action OF this nation in open.
ing her minis has been based upon the
present market value OF silver. and the
inability Of few feeble countries 10 now
maintain the coinage. The discussion
has brought on, the magnitude OF our
country. and shown that It's productive
energies are equal 10 ouethrd OF those OF
the entire world. Mus, we then be com.
Hsred 10 Mexico. or 10 Norway two hund.
red years ago, or 10 England in the
twelfth century Will no, the opening
minis restore the marke. which their
closing took away? Then the market
being restored will uos the relative price
TO gold be restored. ss their relative pro.
duciion has no; changed? And will 10.
the nations tina; were torcei 10 follow
wien We closed cur minis be glad TO
follow when We open ours. We are the
The arbi;ers Of the nations. no; England,
and where We lea,. all the world will fol-
low. Otto Arned.. Bismarck, Brown and
many other eminent political economists
who few months ago doubted the wis.
dom OF independent free coinage by this
nation have changed their views and now
approve. Doubt no longer. Be ps,r;o,s.