The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1896-05-16

What would be the rosuTtg We would then
have something approaching q normal sup
ply Of money. Prices would advance,
thousands Of new enterprises veuid pe set
in motion. there Weald be work for all,
hope would spring anew in the breasts Of
men, the grip Of the money lenders would
be taken OF ths throats Of the business
men. who are now working for these
money lenders. There never was too much
good money, and Silver is good money 1t
carried these United States from their in
fancy to their grandeur. Tt was honest
money until domonetized secretly by dis
honest men.
But you are not going to get all Of the
silver of the world. With our limited use
Of it Japan, Mexico and all the silver using
nations are springing into activity. The
mills and manufactures in Mexico are
running day and night, and her farmers
are getting Sl.80 a bushel for their wheat
and other products proportionately. They
are net going to hurry here to give US their
silver except as they may regularly trade
with US.
The silver we are producing would 60 to
the mint to be coined into money and
would not go abroad as now at 60 cents an
ounce to buy cheap India wheat in cOmpe-
tition with ours. Free coinage of silver
By the United States would control and
set the silver market of the world
Those who owe gold bonds could get the
gold to pay them with cheaper than row,
for geld would have had the demand taken
from it and would fall in value according
Iy Put silver in competition with gold
and you take the enhanced value from the
latter.
United States IS Strong as England.
The Latin union-France, Belgium,
Italy, Switzerland and Greece-for 70
f1,r fa1e
meroial parity Of 1871 to i. What they
could do alono the United States could DO.
England ia 1S44, by the Peel net, fixed the
price Of gold at g Is Sd, required the
Bank of England to pay that in paper
bills for every ounce of gold deposited, and
that has been the price of it the world over
ever since. If England can fix the price
of gold the world over, the United States
can SIX the price Of silver the world over.
Where is the American who says that the
United States is not commercially as
strong as England? Patriots of America,
let US bury all who think so in one com
mon political grave.
They say it will cause a panic by gold
being frightened out of circulation The
day a president and congress are elected
committed to its free coinage silver will
begin to advance and gold to decline We
Will have crossed the Rubioon in q night
The next day silyer's advance viii begin.
By the time the act is passed the metals
will have come together. Declining gold
Will come out from hiding in few days
after the election, hurry to seek an invest
inent and viii go actively into circulation
1t viii seek to invest itself in things that
are rising, for it viii be falling in value.
This is a law rs ineZorable as any Of the
certain laws of trade. The wheat in ex-
istenoe is sure TO fall il value when it is
known that large new crop is coming
rrr-
harvested. So it viii be with gold when
it is known that new crop Of money is
coming. 1t is enhancing gold that is
boarded DepreCistiBg gold will go rap
idly into circulation for favored invest
ments in the rising markets
But, you say, people Will rush to tho
treasury to draw gold on credit money and
viii wipa out the treasury in a day Of its
gold, and that would cause a panic. Tn e,
too there is protection. Those notes re
payable in coin, not in gold. With all he
iniquitous laws that have been passed he
last congress saved the word d" coin from
being struck cut of our government notes
and bonds. The spirit Of old Andrew jack
son should meet the Wall street ShyloCk at
the United States treasury door and tender
him silver in redemption for his credit
money. Again gold would have received
a blow, and again would It's decline con
tinue THE way TO resume is to re-
sumo, and gold and paper came together
on the first day Of January, 1879, the day
previously fixed. 1t did it because the
great United States government was be-
hind it. Gold and silver will como together
on the day fixed for the same reason, and
for the further reason that the laws of
simple and true bimetsllism make i5 i'm
possible for them to do otherwise.
They say we cannot transact business
with the commercial. nations Of Europe
unless we use the same metal for our pri-
mary money as they do.
That is a fallacy Gold does not pass be-
tween nations by the stamp Of the govern
ment upon it, but by weight. We settle
our balances with Europe primarily with
exports and if we do not ship them
enough of our merchandise and crops to
pay them, then we pay them gold at so
much an ounce. 1t is not treated as mon
ey There is no such thing as internation-
al money. The most prosperous period we
ever had in the United States was when
we had neither gold nor silver, and at the
same time We did a prosperous business
with Europe. Why should we give such
Importance to our foreign trade, even if
it were true that it was convenient TO
adopt the same metal for money as that
adopted BY Europe. Only per cent CT the
business OF this country is carried on with
foreign nations as against 96 per cent that
is done among ourselves. Shall we legls-
late for the per cent or the 60 per cent?
Shall we leRislate for ourseIvcs2 VIII
We permit monarchical Europe to dictate
the laws Of free America? VIII we tie our
selves to the usages and customs of the
sffete monarehies of the old world?
Let us think for ourselves The gold
permits a few men to control the !
money of the world, to take away from US
our property and TO destroy our prosperity
and happiness. They are reducing the
people of this great nation to the condi-
ton Of bonded slaves Break the chains
they are forging around you'll Poverty is (
the people of the nation.
and apathy viii increase unless you act