The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-09-06

IL will be gone, and what remains VII
be reduced nearly one-half in purchasing
power. But, says the silver man, there
will be free silver coinage TO I'LL the
gap promptly with coined silver or sill
Yer certificates. Oh, no, my fellow
sufferers. The disappearance of gold
will happen promptly after the cleo
ton of Bryan, and there will not posi-
Div be any free coinage of silver for at
least six months, and it will require a
great many more months to fill gap OF
5000, 900. OO0 No class Of society VIII
be spared the destructive consequences.
still, there are some who, under these
circumstances, VIII do a lively ana
prosperous business: The snerlH, the
alsurer, and the moneyed man who has
ready means to buy real estate or other
goods for a song at the forced sales:
That part OF the money power" VIII
Justify thrive on the misfortuneS OF the
people.
BUT THERE ARE OTHERS.
"Our silver friends may say that the
fall In the prices Of stocks and bonds
will not trouble them-that the sooner
the money changers Of Wall street
come to grief the better. Indeed, IL II
were only the money changers OF Wall
street that suffered, we might easily
console ourselves. But the bonds or
the United States and of the states and
municipalities. and the bonds and stocks
of our street railways, railroads and in
dustrial interpretations, are also heid
largely in this country, not merely by
hut nv
small means, farmers, wage-earners.
who have invested their savings in them
and by savings banks, life insurance
companies and trust funds, IN which
many millions of people are interested.
Is their loss also matter Of indiffer-
ence?
BIMTALLISM IMPOSSIBLE
every sensible person, 1 trust, will
now admit that free silver coinage IN The
United States alone VIA make bimetal-
ism, the equal use of both gold and
silver as money, utterly impossible, here
as well as abroad 1t VIII confirm Eu-
rope in gold monometallism and con-
denim us to q silver monometallism---
the exclusive use of silver as money and
OF paper based upon silver. No doubt
this is what the silver men are really
aiming at If there is anybody in this
wide world woh would fight TO the last
gasp for money Of true value, that
does not lie to him, and who should
curse and spurn as his worst enemy
the demagogue seeking to beguiLe him
with deceiutfur currency juggles, it IS
the man who cams his bread by the
sweat of his brow. This Is tmphaucally
the wage earner's battle. Alas for him
il he should desert his own cause.
FARMERS AND BANKERS.
Among the farmers of the west ard
south, there seeffs to be an impression
that the enbaT-, Assment Of the banks
will be Of small concern to them. l
would advise them well to consider how
much the sale OF their staple products
depends upon the ability of the banks
to advece the money for moving the
crops Do the farmers want to have
the experience of 1893 repeated in a ten
fold aggravated form? Then, they have
only to do that which always disturbs
the functions of the banking system
more disastrously than anything else
threaten with de5aSement the existing
standard of value. Mr.. Bryan's election
would do that work so thoroughly that
the paralyZing effects would keenly be
felt on every farm in the land
DEBTOR AND CREDITOR.
HE who has watched the free coinage
agitation knows that the appeal to
debtors is one Of its main allurements.
Listen to their speeches; read their lit
eratuTe, and you meet, ever-recuruing,
now in soft spoken circumlocution, now
n sly suggestions, now IN the language
If brazen cynicisn, the promise that
tree coinage viii enable the debtor to
get rid of his obligations by paying only
A part OF them. 1t is a scheme of wan
TON population of private as well as
public debts. not as if we could not pay
N full but because we would prefer not
20 pay in full-the practice resorted TO
oy the fraudulent bankrupt, and this
sanctioned by law, as a part of our ma
sonal policy.
CONSEQUENCE {.
''Fellow-citizens, think this out. 1t is
grave matter-a matter of vital i'm
port to the existence of this nation. The
'ather who teaches such moral princi-
Pies to his children educates them for
fraud, dishonor, and the penitentiary.
The public men VINO teach such moral
principles TO the people educate the peo-
DE for the contempt and abhorTance
IF mankind. The nation that accepts
such moral principles, can not live. 1t
Will rot 10 death in the loathsome stew
IF its own corruption If the nation ac-
,spting such moral principles be this
'epuiolic, it VIII deal a, blow to the credit
If democratic institutions from which
he cause of free government viii not
recover for centuries.
But, thank God, " American peo- |
pie viii never accept such moral princi- /
,les. The American people will before /
election day arrives, have fully disoov- 1
cred what all this means. They viii I
repel the unspeakable in |
suit offered to them by those politicians. |
Who have dared to ask for the votes of /
honest men upon the offer of such a 4
9ait. They viii know how to resent the
ieep disgrace inflicted upon the nation /
n the eyes of tine world by those Amer /
cans who exhibited theSr own belief /.
hat the American people were capable 1
# taking such a bait