Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1896-09-24
Kyte's Talk.

posed some questions for me to answer
which l am happy to attend to, but
wish to state in the opening that the
editor either lacks the necessary in
formation or else he is maliciously try
ing to mislead the present political
situation by trying to confound our
bimetalic campaign with some imagi-
nary silver standard movement. There
is no silver standard movement in
troduced in this campaign by any
political party. Those few remarks
are here Incorporated so the reader
may study the questions and answers
in line with the true merits of the
political issues as introduced by the
party platforms.
Question. Ask him why gold does not cricu
late in silver standard countries when silver
circulates In gold standard countries.
Answer. Gold does circulate in
silver standard countries. You quote
Japan as silver standard country.
THE Editor did not quote Japan as a
silver standard country.-Edl Its
circulating medium consists of $780,
700, 900 of gold and SSl 300, 600 of silver.
You quote Mexico a silver standard
country. Statistics show Mexico to
have s., ,OOO, 600 in gold in circulation.
Mr.. Editor, unless you can contradict
legally collected statistics your ques-
tion falls Hat, but am pleased you
asked the question because the trend
of republican papers and the sole object
of their campaign documents is to
blindfOld their followers with a veil of
prejudice against silver in any form,
/ can furnish many more examples but
have confined myself to the countries
which the republicans are using to
furnish their anti-silver argument
from.
end Question. ASK him why the United States
| has more silver in circulation per capita than
| any silver standard country In the world except
China and India.
The masses of people in the United
States have confidence in the stability
OF our country and its wealth making
resources and in the fact that the
government stamp is sustained by
every dollars worth of property in the
nation, and the further fact that real
property owners of our nation have a
property interest at stake as we'll as a
government interest of which he is an
honorable part. This honorable part
is imposed on us by our republican form
of government. Silver can circulate
becauses the masses know from ex-
perience that in the hour of due
necessity as at present the patriotic
people Of our nation will stand up and
assert their rights. History of the
year 1868 A. D., 1912 A. D., and 1860 A.
d., will prove this. And in 1896 we
have on our hands another desperate
struggle to sustain our nation and
honor from being betrayed by covetous
shylocks. This is what the peoples
party was organized for in 1892 and the
honest acting members in the demo-
craic party have given up their old
bosses in disgust and accepted our
doctrine. The republican party was
organized to free the slaves. They
manfully accomplished their object
but their usefulness has exhausted
from the fact that they have utterly
ignored the wishes of the masses and
! like President Buchanan joined hands
with the manipulators, but the Ameri-
can patriot rose is his might and
downed the unholy practice OF slavery.
3rd question. Ask him why the silver stand
ard prevails only In poor semsivilized countries.
Answer. Gold standard has prevail
ed in Portugal for many years. Their
| government bonds are now worth about
Is cents on the dollar. The silver
standard prevails in China and it is
questionable which country is the
most civilized, gold standard Portugal
or silver standard China. France is
very progressive, fairly civilized and
decidedly wealthy, and is not a gold
standard country. 1t was imposed on
/ ~ nd I,x,< <h<,
way quite few in this country are
now bimetalists, and l think the
bimetalists of this country and the
people of France will make a verg good
showing when compared with your gold
standard Germany, Denmark, Norway,
Sweden, Finland, Egypt, Astro- Hun.
gary, Chile and Costa Rica.
4th question Ask him why the gold stand
ard prevails in civilized, enlightened, wealthy,
and progressive countries Of the world.
Answer. AS civilization advances
so do the science of manipulating the
sources of wealth. England demono-
tized silver before she enacted any law
to protect the laboring classes. Ger
many demonOtized gold in 1857, fop-
ped over in 1873 and demonotized sill
YER and are willing to flop again if
their relatives in the English royal
family wishes 1t. RumOr says gold
standard was adopted in the United
States on request Of English capitalists.
Thus you see the reason gold standard
prevails in those three highly civilized
nations.
9Th Question Ask him why, IL the ratio be-
tween gold and silver can he fixed by law, that
ratio has constantly fuctnated since men began
to keep written records Of business transactions,
| never being the same from one year to the
other, and hardly from one day to the next. In
| spite Of prolonged and earnest efforts Of power
III governments to maintain double standard
| Of value based on gold and silver.
| Answer. As far as money is con
cerned the first two lines Of this ques
tion ought to be known by any mar
who has read the constitution OF thu
United states. No government hal
attempted to regulate the ratio OF
bullion. The reason 10 that In tn
constitution each country intended +