The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1896-10-03
WHOLE NO. 304.
A BUSINESS MAN.
Here Is Merchant who Investigated EoI
Himself and Knows What Is the Matter.

Here Is q Merchant who Investigated For
Himself and Knows What Is the Matter.
One OF the most encouraging inter-
views on the money question was that
recently made i'll Chicago with Frank
ii. Cooper of the great dry goods firm of
Siegel, Cooper & Go. of Chicago and
New York, and known the world oyer
Mr.. Cooper has just returned from a
trip to Europe, and ton newspaper man
he expressed his opinions OH the liuan-
cial issue as follows:
Il am yet somewhat on the fence, bat
/ cant see anything but good to result
from the free coinage of silver. True. il
Will benefit the mine owners; il viii
also benefit the miners give them
work, and benefit the west. II will
give the farmer money; it will make
better prices for farm products; it will
make the farmer buyer in our markets
Times can be no worse than they are
at present. Our currency is not expau-
sive enough for the demands Of the pec-
pie. France has $40 per capita Of money
in circulation, and its people are pros
porous and happy. We have but $50 per
capita. We need more money, and free
silver coinage will put an end to bust
ness stagnation.
Our factories are closed and our
artisans and mechanics are out of work.
More money will make higher prices,
better demand for goods and a revival
of prosperity.
g nd ,1t,ap -, y1..
because people have no money to buy
them The depreciation in prices on
some lines Of goods has been more than
| 90 per cent in the past six months Cau
merchants and manufacturers stand
| this?
"The Wilson bill that reduced the
tariff on goods about 10 per cent, except
on wool, which is made free, is not tho
cause of all the hard times ~
do you think that putting back the
old tariff would cause return of pros
! perity?"
There are many ways TO view this
matter. The poor and the middle classes
pay all the taxes. / believe the multi
millionaires should pay their proportion.
believe i'll graded income tax as q
partial panacea for the ills we have
| fallen into
"With free silver the price Of wheat
and corn would enhance in value at
once. Dollar wheat for the farmer
makes him look at his clothes. When
they are frayed he buys new. He ne
furnishes his house, if it is needed, and
SO helps to start the furniture factories
going again. 1t is so in all lines More
money, the greater demand for goods
"A single gold standard would bring
prices still lower and more failures and
more disaster for the people. 1t is hard
to say what is exactly right. We are
partially upon bimetallic basis nov,
and that is III IL measure our salvation,
Take that away, and where are we?
Contract our currency to $15 or %l2
per capita, and the result would be such
as no one could figure Talking of free
silver, our mints could not turn out over
$50, 900, 600 per year, less than&1 toevery
inhabitant. Would that flood the conn
try? 1t would restore prices, confidence
and resuscitate business. That's about,
l think, what free silver would do for
us. This question is near TO the people,
and they are carefully discussing it. We
want to take care of ourselves first.
European countries are able to take care
Of themselves.