Semi-weekly independent. (Plymouth, Marshall County, Ind.) 1895-1897, 1896-03-11
CONFUSION IN THE CAMP.


The New York Sun of Dec II last
said: "A single enactment by Con-
gress, relative to both present and
prospective Obligations. that the word
coin means gold would establish
credit second to none in all the finan-
cial markets of the world
The same paper the 10Th of the men
toned month said: There are two
roads To certain destruction.
One of them is TO increase the public
debt by $5O0.00O,00O in order to re-
tire the legal tenders for the benefit
OF the banks The people are
not fools enough to pay the banks
interest for money which they now
have without interest, and turn over
to them the profit OH circulation
which they now take Themselves
They would bury beneath their con
tempt and ridicule any political party
which was stupid enough TO make TO
them the proposition
If, rs he said, the people are not
fools enough to pay the banks inter
without interest" how does the sun
expect the people to make still more
of their obligations payable in gold,
which gold the Sun has never shown
TO be obtainable in any other way
than by paying interest to banks to
get it?
President Cleveland, in his message
at the opening of Congress, said the
only salvation of the country rested in
the Government ceasing TO redeem iii
gold altogether and to that end. all
legal tenders convertible into gold
should be destroyed.
The London Standard of Dee. 81 last,
in referring to the present American
loan, said: The loan is the mere rails
ing of money TO enable the United
States to maintain an appearance of
sOlvcncy. AS it prolongs the present
financial system it must end in de
basing the currency. The new bonds
would not be eXtravagantly cheap at
par"
President Cleveland, in the mention
ed message, also said that the c0ntinu-
alton of bond issues for gold as a pol
icy means ruin to the Nation.
All of the above sources of informal
ton are oddities. They all show the
grave evils of the bond issuing policy,
precisely as all intelligent goldites adj
nit; but in the same breath, one and
all of them say there is no hope for
the country except it puts itself fur
Their into the clutches of gold bugs by
Congressional declara ton that this
country is exclusively on Il gold basis.
In other words, they say adopt the
single gold standard, and in the next
breath they say issuing bonds to main
tain the gold standard means the ruin
Of the United States.
Jan. 3, last, the President and Sec
rotary of the Merchants Association,
of Boston, appeared before a Congress
sional committee for the purpose of
silver dollars in gold, TO obtain more
gold by sale of bonds, and in case of
failure so to do, no Government money
of any kind to remain Il legal tender
| thereafter.
This is the first gun to make all the
| Governments silver and silver certifi-
Gates, redeemable in gold, therefore,
to be retired as the Administration
says the greenbacks and 1890 notes
| are TO be retired.
At Washington, the Goth ultimo, the
National Board of Trade reported to
advocate the relief Of the Government
by the retirement and cancellation of
legal tender notes, for the benefit of
banks OF issue.
Do not these extracts pretty clearly
show that these goldites are destroy
ing themselves with their own argu-
ments ?-Atlanta Constitution.