The Canton times. (Canton, Miss.) 1893-1906, 1896-05-08
GOOD MONEY ESSENTIAL.
For the Proper Discharge Of All Govern
ment Liabilities.

| ZOE tno GEOP0E DhbCnhFX0 OF All Govern
! ment Liabilities. s
''Lnbor cannot be boarded; the idIs
day is gone forever; lost wages ar.
never reimbursed; and therefore steady
employment and good pay in good
money are essential to the comfort and
happiness Of the American iaborer and
his wife and children, and he will be un.
faithful to himself and to them If he
does not insist upon the adoption and
maintenance of such a policy as will
most certainly preserve the value and
stability of ALI our currency and pro
mote the regular and profitable con-
duct of all our industrial enterprises.
He cannot prosper when the country is
in distress, when its industries are pros
trated, it's commerce paraIyZed, its
credit broken down, or its social order
disturbed; nor can nc prosper when
the fluctuations of the currency are
such that he cannot certainly know the
value of the dollar in which his wages
are paid, or estimate in advance the
cost of the necessaries of life.
whether we shall or shall not have
long period of financial, commercial
and industrial disturbance in this coun-
try, and whether labor shall be de-
prived of permanent employment or be
partially employed and inadequateIy
paid, are questions directly and neces-
sarily involved in the demand now Sc
riously made by many of our fellow
citizens that the United States, without
the cooperation of any other govern
ment in the world, and in opposition to
the established policy Of every other
great civilized and commercial nation.
shall authorize the free and unlimited
coinage of full legal tender silver at
the ratio of sixteen to one, notwith-
standing the true market ratio between
the two metals is about thirty-one to
one; or, in other words, that the United
States alone shall decide by law that
16 ounces of silver are equal in value
to ounce of gold, when it is an indis-
putable fact everywhere recognized
that in all the markets of the world, in
silver standard countries as well as in
gold standard countries, 16 ounces of
silver are worth only about one-half |
as much as 1 ounce of gold and will |
purchase only about one-half as much |
If the necessaries of life. The |
naked proposition is that the United
States shall coin, at the public expense,
or the exclusive benefit of the indi-
iiduals and corporations owning the
bullion, all the silver that may be pre-
ented at the mints into dollars contain
ng 371A grains of pure silver, or 412h
rains of standard silver, worth intrin-
ically about 81 or SO cents, deliver the
oins to the depositors of the bullion,
nd compel all the other people in the
ountry to receive these coins at valu-
ton of 100 cents each in the paymenti
# debts due them for property sold, for
abor and service of all kinds, for pen
ions to soldiers and sailors and their
sidows and children, for losses sus-
aimed under policies issued by life and
Their insurance companies, for deposits
J savings banks, trust companies,
uilding associations and other insti-
ntions, for debts due to widows and
rphans by guardians, executors and
of decedents' estates
nd other trustees, for salaries of all
vii, military and naval officials, and
lie compensation of private soldiers
nd seameB and, in short, for eve1y
ind of obligation recognized by the I
'ws of the land, except only in cases
here the prudent capitalist has taken :
lie precaution in advance to contract
II payment in gold or its equivalent" a
Secretary Carlisle's speech at Chi a
lgo.