The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1896-06-19

did not count ON falling prices except by
honest means, nor on having that by
which you measure your property rise in
an ever increasing scale, as 1t has dono
since 1873. What has been the rosultf
Mon RON out of money and went In
dobt. They contracted debts they mover
would hnve contracted II 1t had not boon.
for selling their property at lower prices.
From about so, 900, 600, 000 tho people OF
this country were In dobt in 1873, it has
grown TO about $40, 900, 600, 000 and 1t
now Is affecting millions of people Of tho
country and tho property with which thcy
aro TO pny 1t In declining in prico all tho
timo. How nro they going to pay itp 1t
means annually an interest of ovor 81, 000,-
900, 900.
Tho present financial system, based on
enhancing gold, ms forced n majority of
tho people In dobt, and tho machinery of
tho law mndo for tho collection of dubts Is
connscnting tho property of the people. 1t
Is transferring tho property of tho people
into tho hands of the fow ns effeutually as
tho foudnl laws of Europe transferred all
tho lands into tho hands of tho fcw.
Disturbing Confidence.
They sny wo aro agltators and disturb
confidence and arc injuring business.
That Is an argument that has boen made
by every selfish dospotisin in tho world.
Ostrnc'sm and an attempt to suppress free
speech by means of ostraCism should never
find sympathy in a republican form OF
government. IL Is not republican; 1t Is
intended to drown the voice of tho pco-
plo; 1t is not tho argument of honest men.
An attempt to suppress free speech Is
treason In republic. They say 1t hurts
business to advocate ono of the funda-
mental principles of tho republic founded
by Washington and Jefferson. They arc
ohnratans who do this They aro tho
Malnys of commerce, who ridiculo tho mon
they have made poor. If their monetary
system wero practical, it would need no
such defense. 1t would defend itself.
Tho Silver Bullion Owners.
Thoy sny tho free coinage of silver Is In
the interest of tho silver bullion owners.
Ask them, IL this Is true, in whose intor
ests Is tho free coinage of goldS We now
havo tho FREQ coinage of gold. Have you
heard any one say this was in the interest
of tho gold bullion ownersH Money is not
local. Its uso is demanded by civilization.
Tho question to decide is, Out of what do
VIC want to make our primary money?
And when that question is settled it is
fixed for the benefit of all our citizens, and
out of tho ground 1t is fixed, or should
bo fixed, for the good of civilization.
Independent Action.
They say we cannot go 1t alone.
DO you want to go 1t aono ON gold any
longerr There Is nothing to fcnr by tho re-
monutization of silver. When great gov
ornment like tho United States throws its
mints open to silver and says to tho world,
"Wo have established blmotalllsm, and
any ono can bring 371H grains of silver or
23.22 grains Of gold to our mints and coin
them respectively into dollars, then no
ono is going to take less than n dollar for
that quantity of silver. Neither will tho
foreigner part with his silver for less than
dollar. WhyY Because" ho reasons,
II Gun tnko my silver to the United States
and coin 1t into money, have it handed
baCk to mo us such and exchange 1t for
anything they have IN that country, and
they have everything that n man nepds."
Ho therefore refuses to exchange his sill |
vcr for gold except at par, luss cost Of send
ing 1t to tho United States. Mexico and |
the lesser nations cannot do 1t, as they |
have not tho cxpur,able wealth wo have |
hero in tho United States.
But it Is said, "Thu world will unload |
its silver on u.s." Suppose 1t does. How |
would they do 1t? Give it to uss No. 1t
would DO by exchanging 1t for the prod |
ucts of our soil and our manufactured |
goods. We can produce enough in single |
year to take all tho silyor in tho world |
available for usc Us money, and tho next |
year wo could produce as much more and |
nsk them to bring on moro silver IL they |
had it. Mexico cannot do this. but wo can,
What would be tho rcsult2 Wo would then
i,,f, nphi In, n normal
oly of money. Prices would advance,
thousands of now enterprises would be set
N motion, there would DO work for oil,
hope could spring anow in the breasts OF
non, tho grip of tho money lenders would
DO taken off tho threats of tho business
men, who are now working for these
money lenders. There mover was too much
good money, and silver Ii good money. 1t
,urricd those United States from their in
'anoy to their grandeur. It was honest
money until dcmonctizOd secretly by dis
nest mon.
But you aro not going to get oil Of the
silver of tho world. With our limited uso
1f it Japan, Mexico and all tho silver using
nations arc springlng into activity. Tho
mills and manufactures In Mexico arc
tlny and night, and her farmers
lro getting 81 80 n bushol for their wheat
md other products proportionntcly They
arc not going TO hurry horo to give lis thoir
silver except us thy may regularly trade
with us.
Tho silvor wo aro producing would go to
the mint to bo coined into money and
would not go abroad as now Mt go cents nm
ounco to buy cheap India wheat in oompo-
tition with ours Free coinage Of silver
by tho United States would control and
sot tho silver market of tho world.
Those who owe gold bonds could got the
gold to pay them with cheaper than now,
for gold would havo had the demand taken
from 1t and would fall in vRluc according
ly. Put silver In competition with gold
md you tako tho enhanced valuo from tho
latter.
United States rs stron.: IA England.
Tho Latin uniOn-FranCo, Belgium,
italy, Switzerland and Greoco-fOr 20
years maintained no two metals Mt COM
Inorcal parity Of l51 to 1. What they
rouid do nlono tho United States could 60.
England in 1914. by tho Peel act, dxcd tho
price of gold at e3 lis. Dd.. required tho
Bank of England TO pay that in paper
bills for oycry ounce OF gold deposited, and
that has been tho prico Of it tho world over
ever since. If England can fix the prico
pf gold tho world over, tho United States
can fix tho price of silver tho world ovor.
,ihoro is tho American who says that tho
United Stntrs Is not commercially as
strong ns ErgnpdS Patriots Of Amerlca,
let us bury all who think so in ono COM
mon political grayo.
They say 1t will cause panic by gold
being frightened out of circulation. Tho
day n president aud congress arc elected
~ its FREQ coinage silver will
Lu.du IN nlNuncn md nnll To lnnlinn We