The Houma courier. (Houma, La.) 1878-1939, 1896-08-22

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eepsing ITS conditions. They have so
shaped our national policy that you
have been forced 10 giveItwO poundsoE
sugar 10 pay of a debt that ono pound
Of sugar should have paid. You have
already paid twice as much as, 10 all
Law and all honesty you should have
paid. and il your accounts were bal
anced according to the spirit of the
Matthews net it would be found that
after paving off your mortgage o.
$4,000 IN silver dollars coined under
a fee coinage law that the money
lenders would stir be in d1bt to you
to the tame Of many thonsand dallars.
Is it repudiation to object to pas
ing what yoa DO not eael Is 1t
Reputation to vote to removed money
system that has forced down tue
price Of your products while at the
same time it has forced sou to pay of
yonr debts in appreciated gold
dollarsl
You might say that the men you
borrow from will be ruined By q free
coinage law. Such an assertion would
= aitterly withoutasuhstautia founda-
ton. The men you borrow from are
coDwission merehants. The con
mission merchant would pay the bank
that he borrows from 10 the same
kind Of money that you used 10 pay
ing him. The New Orleans banks
would pay the New York banks in a
similar currency and the foreign money
lender would be Obliged to accept
this same currency from the New
York banker and so tie foreign money
lender would stand the brunt, The
foreign money lender has already re-
cpIved more than he is entitled TO, as
the CoURIERhas shown, and he would
have no honest cause to object. He
has made big money already- much
more than he is entitled tO-by using
corrupt measures to shape q govern
mental policy that practically caused
gold to appreciate, and all com
modilies to depreciate.
There are many other things The
price Of which would not double.
Freight is a big item to everyone and
notwithstanding the great fall in price
of all products there has not been a
corresponding reduction in freight
rates. Tho result has been that a
great portion Of the profits Of crops
has been paid to The railroads. Nearly
every slate has a law fixing u limit to
freight aud passenger rates. The
railroads then would not be allowed
to increase their charges aud while
tho producer would get twice NJ much
for what be PRODUCES transportation
charges would be the same as they
nov are 1t might lie claimed that
this would not be treating the rail
roads justly; but a BROADER view
would reveal chat the railroads would
be as much benefited by bimetallism
as yon would BE-. Over charging has
greatly injured tho RAILROAD companies.
There arc now nearly l75 railroads
u the hands Of receivers. The dollar
the railroad will receive for traffic
might not buy as much as the appre~
ciated dollar he receives today; but it
would pay off as much bonded debt.
The railroad compaoies would not
receive an appreciated dollar; but they
would receive more Of the proposed
dollars for the general prosperity that
would follow free coinage, the increase
10 the price Of all products would give
the railroads double the business they
a,e now doing. We are told by the
New Orleans Produce Exchange that
many Of the producers Of the country
owing to the high freight rates aud
low price for their products do not
thiuk it worth their while to ship at
all. IT is easy to see how the rail
roads buslness would be increased
when these producers can ssll their
Products for double What they can
get in the. markets to DAY without
to pay double freight charges.
The COURIER has shown two ways
in which the farmer would be greatly
benefited rs the free coinage Of silver,
without rePudiating his debts or i'm
any me. II the farmer viii be
benefited every one depending on the
laborer, the merchant,
the doctor, the lawyer, the carpenter,
tile brick layer-will be- benefited.
The prosperity Of every city is
based on the prosperity Of the farmer,
and when the farmer is prosperous it
must follow as an undisputed axiom
the whole county will be pros-
peIous.
F,ee coinage Of silye u will Pnt more
money 10 circulation BY putting
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