The herald., 1896-11-02

| seem that the masses, who compose the
majority of the people of the nation.
would want unobstructed opportunity
| and advantage to sow and reap in life
great field of industry. and also to put
| in their own garners the fruit of their
! labor, but do they want to? Tomorrow
| ballot box will give their answer.
| The people of the United States have
reached point in the tide of their eth
| ical and national development which
| should be taken at its flood. The possi-
! bilities that lie in the future are not all
/ for good, but it is for the people to say
which, good or evil, shall come to them
as co-workers in their efforts to secure
| full and just remuneration for employed
brain and Drawn. The evil that would
come most cheerfully to bind more cords
| about the feet and hands of the masses
was born of greed and selfshness, and
was christened Infant Industry" Long
! since it took on the power, force AMI
| muscle of Golah, but it still cries for
! the nurse bottle and the other aids and
! helps to growth. 1t was this same "in-
| fant'' that cried for the demonetization
of silver in 1873, and it is the same in
FAINT" that now demands the gold stan
dard of redemption money. Its disre-
| gard for the rights, peace and comfort Of
| the masses is as brutal as when the
Morrill, tariff act brought it into the
! world. Highly protected industries do
| not want volume of money so large
| that it would have to secure employ
| ment by erecting rival mills and factor
| les and shops. The reconciliation of
| silver and the opening of the mints to
| its free and unlimited coinage would
mean great activity and sharp competi-
| ton in the business world, but that
would break the hold the trusts, mo-
nopolies and money syndicates have up
| on the agencies of production and dis
| tribution, and that is what they intend
| TO prevent, and which they can prevent
| If Mckinley is elected. Then why should
the great industrial and producing
class vote to handicap their own God
given right to gather the full harvest Of
the energy they sow?
Until eighteen months ago Major Nc
| Kinley was as ardent an advocate of the
free and unlimited coinage of silver as
Mr.. Bryan. Has anything transpired in
| the peoples business since then to give
silver the character of despoiler Of the
nations honor and wrecker of busi-
| ness enterprises? Can any one think
| of an attribute that has been revealed
in silver in the last eighteen months
that would make it a viper in CONNER
| cial transactions? Has anything trans
pired in recent months to make the sill .
yer dollar thing to be looked upon with
scorn and contempt? 1t is true the plu-
tocrats say silver coin is ''plebeian mon
ey" but IL to do honest work for living
is to be plebean, then we should have
free silver coinage, for more than three
quarters of the people of this country
work for their living. But why should
| Major Mckinley have changed from an
| ardent and enthusiastic silver man to
a champion of the gold standard? Was
it because he owes that prince of gold
| bugs and labor haters, Mark Hanna,
! S11S,0CO borrowed money? This is
matter that .'plebeian" la Dor should look
into.
For more than 500 years the civilized
nations of the world used gold and silver
for redemption money, and there was no
thought of employing gold exclusively
| for that purpose until 1916, when Eng
land formally announced that there
J after silver would not be accepted as
| money for the settlement of final bal
| ances. But it was not until the govern
| ment of the United States has issued
| over 81. OO0. 600, 900 of bonds, which We're
for the most part, sold in Europe, that
pressure was brought to bear upon this
! country to go upon the gold basis. The
! idea of the foreign holders of our bonds
was that If the United States adopted
the gold standard the purchasing power
of gold would be enormously Increased
which would advance the market prices
| Of the bonds and secure a very large
profit to their holders. Silver was de-
monetized and our A per cent bonds be-
came marketable in the investment
markets of Europe at prices ranging as
high as $3.50 as aginst from par to
small discount for state and municipal
h~~Se -c--,-1A in c-,~re~cv. THE i,.~+