People's voice. [volume] (Wellington, Sumner County, Kansas) 1890-1917, 1896-08-20

stupendous fortunes, owing to the
consequent fall in farm and other
products and the increased purchasing
power Of gold. Tie crisis came in
England because Of the gold standard.
SIN ten years after the demonetiza-
tion Of silver in England 100000 thrift
ty farm owners were reduced to
10000, 10000 being sold out and
turned into wayfaring tramps, With
out homes or habitations. The Eng.
IiSh lords and aristocracy became, and
still are, the owners Of the 10000
farms which honest toll had made val
liable, but which the gold standard
had wrencned from those people, and
yet England is owing a perpetual debt
to the Rothschilds that the single
gold Standard may be maintained in
Great Britain.
again Allison, in his History of
Europe, speaking Of the effect Of the
gold standard upon the English peo-
pie, says: The capital which had
been realized during the war with
NapoleOn) had been so great, the in
huence of the moneyed interests so
powerful, that the Legislature be-
came affected by the desire Of its DO
SCISSORS. The monetary bill of 1919
1.-THE gold standard bill} before many
years had elapsed, added 50 per cent
to the value of money and weight Of
debt and taxes. Small
landed prOprietors were generally
ruined from the fall of prices; the
magnates stood forth in increased
luster from the enhanced value of
their revenues. Industry was Queru-
lOus from long continued suffering:
wealth ambitious from sudden exac-
tiOn.'
EFFECTS OF CONTRACTION,
"And again the same author says:
The effects OF this sudden and prodi-
giouS contraction of the currency were
soon apparent, and they rendered the
next three years period Of ceaseless
distress and suffering in the British
Islands. The accommodation granted
by the bankers diminished so much
that paper under discount at the
Bank OF England, which, in 1910, haG
been &23,0040O0, and in 1915 not less
than G2O,0a0,O0O, sank in 1920 t
e4,672,OOO, and in 1921 to e2,722,OOO.
Speaking of the demonstration Of
silver In England, Sir James Graham
in his 'Coin and Currency, 1926, says
Whether we regard private debts Oh
public burdens, the effects of the
measure Of 1919 have been to enact
that for every less sum owing q
greater shall be paid; falling prices
but pecuniary engagements remaining
undiminished, the farmer has DC
profit, the landlord no rent, the man
ufacturer no customers, the laboreI
no employment; a revolution Of prop
erty and arrangement of the Who'll,
frame Of society mnst necessarily en-
Sue.' And the same author signif
cantly adds: Amidst the ruin OF the
farmer and OF the manufacturer, the
distress otthe landlords and the in.
surrectiOns of populace without
bread and without employment, one
class fourished and was triumphant
the annuitant and'the tax eater re.
joiced in the increased value Of
money; in the sacrifice of productive
industry to unprOductive wealth, in
the victory Of the drones over the
bees
EVILS WHICH RESULTED.
"The LOndon Daily News, as late
as 1893, describing the effects OF the
gold standard says: Never was there
such an industrial war In England
never was there suchs6estitution. and
never such a mass of ;iaflamable dis
content in the very heart and center
Of the land. Relief COMMITTEES anC
soup kitchens are increasingly a
work throughout the strike areas
Bread is distributed and fought foI
by famiShed men and women, anC
gardens and orchards robbed in the
frantic search for fOod. Hungry
children attend the schools too veal
so learn, and women tramp from vii
lage to village begging for money OF
bread
Archbishop Walsh, OF Dublin
speaking OF the effect Of the Erglist
gold standard in reducing the far
mers Of Ireland to a CALLING servitudt
to the English landowner nobility
10 bis 'Bimetallisn and Msnometal
lism,' says: To bring the matter to q
point, it comes to this, that year aftel
year more corn, more hay, more cattle
have to be sold by the farmer to en-
able them to get the gold which hi
ronniFac RI vanat