The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-07-16
Decentralization OF IRON.
A Georgia Man who Think the Chicag
Rabblc Did Not Go Far Enough.

A Georgia Man who Think the Chicago
Rabblc Did Not Go Far Enough. Y
Atlanta, Gu, journal (Dcm.): Alex.
nnder. 2. Hull. OF Atlanta, Is Il strong 10
10 man. lie does not believe In half
way measures. The FREQ colnnGc OF SILL
yer idea Ii too tame for him. lie ID
willing TO see tho RIlvcrites and to 20
them 100 points better. Hero are his
declaration, proposition and argument:
"HavlnB been deeply impressed by the
arguments Of Judge Crisp, Bryan, Stew
art, Jones and other silver leaders, and
especially grlcved, shocked and horriiied
by tho awful crime of 1873, as so lucid
~ depicted daily In the columns or the
Atlanta Constitution and other silver
organs, I have changed my views on the
money question and am ready TO main
tain the propositions following In JOINT
debate or newspaper controversy:
II accept the arguments OF the ndvo-
Gates OF silver and ngrec with their rem
edy ns far ms II goes. However, It does
not 60 far enough. Let us have plenty
OF rcmedy-ln fact, enough to make
debt and poverty things Of the past.
relics OF the dark ages. ] nm infavor of
the free and unlimited coinage OF pig
iron ut the ratio OF 16 TO with gold by
the United States alone, Independently
OF all nations, md can prove by the best
authority obtainnble that such policy
on the part Of the United States will
raise prices, put plenty OF money In
circulation and give the honest debtor
chance 10 pay his debts thereby maxi
Ing the whole country prosperous.
Nov. In the first place. 1t may be
urged by some who do not understand
the subject OF standard Of value that u
free coinage act for iron would not raise
It's price to ratio OF 16 to with gold.
70 them reply that the stamp OF this
government aud the legal tender quail
tiles OF the iron dollar would instantly
make the bullion value OF pig iron the
same as the mint value For who would
part with On ounce OF this precious met
al for anything else than the mint
value? Stewart, Jones and Bryan.1
again Il may be urged that our mint
would be overcrowded with pig iron. l
reply that the ptlce OF pig iron having
been raised from 81 80 u ton to u ratio OF
16 10 l with gold the world over no one
would especially core TO carry 1t to the
mlrts. since the mint price could be OBJ
tanned anywhere In the open market
(Atlnnta Constitution.) Next II may be
urged that gold and silver would 20 out
of circulation. reply. first, This Is n
mere assumption OF the tools OF the
money power which they cannot verify
atlanta Constitution); second. Sup
pose gold and silver do so out Of clrcula-
ton, IS there not plenty OF pig iron TO
take their place and give the people
plenty OF money" Bryan); and. third,
such an assumption mixes the IDEAS OF
ri n n
values: gold and silver would still. be
potential money metals. though not in
circulation and would lend their help
toward raising prices and causing gen.
eral prosperity tCrisp0
Then. again 1t may be urged against
the pig Iron standard of value that
wages would not rise In proportion to
prices. The reply Is, Wages would be
compelled to rise, since no man would be
fool enough 10 work for 81 day who
could make $1,000 day picking up rusty
nails and old horscshoes and carrying
them TO the mint for coinage CHulD.
In addition 1t may be urged by the
money power, by the Wall street
sharks and the bond street Shylocks'
that we could not go alone on pig iron
basis without an international agree
ment TO such dnstlrGs rs dare to lay
people 10 do what they please indcpcnd-
entity OF other nations, hurl their cow
ardIc" and lack ot patriotism back In
their faces Oryan.)
Tho crime OF CemonctiZing pig iron
took place about 1900 years ago, when
certain ,goldolntors' and 'sIlvcrItca,' In
order to Increase the purchasing power
OF their III gotten wealth secretly and
like thieves In the night got the demon
citation act passed repeating the good,
old free coinIge act OF Lycurgus, the
friend OF our ancestors daddlcS.' To
day China Is the only country on earth
honest enough to coin iron, and there
the happy laborer can carry home the
wages OF his honest toll in whcclbar-
row. (Atlnnta Constttution.)
a runous fall IN prices followed the
characterization OF iron and has contin-
uetl for upward of 1000 years. have
calculated the losses cntailcd upon the
honest people of this world by that
ruthless net, but the figures nrc so enor-
nous ] fear n revolution will cnsuc if
the people learn how greatly they have
hcen robbed. But facts are facts, and
tho best way to right n wrong Is to meet
IL sQunrcly. That loss is $2l, 0OO, 900 0Oo.-
100000, 0OO, 900, 900. 900. 0O0.' CCon's FL
nanc!al School.D
In conclusion I insist that the free
coinage OF pig iron will do everything
TINT Is claimed for silver and Infinitely
more. The people win be rich and pros
porous. The once poor man can pny his
debts with his old stove. Railroads can
declare dividends on old rails and worn
out rolling stock. The small boy cnn
pick up old nails and horscshoes enough
to support his family. In fine. poverty
md dnht cnn M lnnnt,r nNlst - - =