The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1896-09-23

insufiiciency will force the world TO again
nee both metals, but II we go alone to the
free coinage OF silver all our gold goes 70
the gold standard nations, the pressure up
on them IL Immediately relieved, and bi-
metallism becomes hopeless, because we
have saved the other gold standard nations
and sunk ourselves to the level OF the single
silver standard.
English newspapers argue In favor Of
the gold standard They can do nothing
else. But there Is nothing that England
would really like so much as 20 see this
country give up all Its gold and go to the
silver standard. In that way England
would see the United States, her greatest
rival, crippled In trade and broken In cred
Il. Free coinage of silver by the United
States alone is the end of any prospect
which may exist for bimetallism.
The "boy orator" has asked why, II you
believe in the gold standard as the best
system, do you approve international BIZ
metallism, and all the light heads and loud
voices which follow him repeat the ques-
ton in triumphant accents. IL hardly de-
serves On answer, for the reply Is so obvi-
GUS The gold standard is the best stand
ard possible when the only other choice is
the single silver standard, and that is the
only choice offered us now. Very likely
the gold standard Is the best possible under
any circumstances, but If the enlarged use
of both metals can be brought about by
the agreement of the nations TO their con-
victions based on full trial and experience,
that IL would be better for the worlds bust
ness, then the Republican party stands
ready 20 join in such a movement
An Object Lesson.
Such is the state of the case in regard to
bimetallism. 1t is possible only by inter
national agreement IL that can be brought
about the Republican party stands ready
to enter into it, but they are utterly OPP
posed to free coinage by the United States
alone not only because it means repudia-
tion business disaster and untold losses to
our wage earners, but because 1t drives
from the world all hope of bimetallism, If
such n thing Is possible
do not mean today TO argue further on
the money question. desire only, in ad-
dition to what have said, to give an OBJ
ject lesson in what free coinage means.
Every dollar you now receive, whether
In paper, or in silver, or in gold, is paid
on the gold standard and Is as good as
gold When your gold goes out of the
country, AS IL will the moment you go to
free coinage, you change to the silver
standard
! now want To show TO you what a dol
lar means today under the gold standard,
expressed in terms of silver. There in that
disk Is a dollars worth of silver, gold
dollars worth. Every dollar in the United
States will buy that amount of silver nine
tenths fine When you go to free silver
coinage, on the other hand, this Is what
you will get Your silver dollar sustained
by gold with a limited coinage is that.
Your silver coinage unsustained by gold is
worth exactly the bullion which is in il,
which is that Those two disks of silver
show you the change which will come
when you get that amount of silver instead
of that. Do you think that change will
pay?
Now, one other object lesson: 1 hold
here in my hand three silver coins. Two
are little larger than our dollar. They
have about 81 grains Of silver more in each
of them. The other is q trile smaller, say,
about per cent smaller than our dollar.
For those coins paid s2. Is, of which 10
cents represents the brokers commission.
For the two larger coins l paid 81. 10. For
the smaller one, with less silver than our
dollar, paid % cents The two larger
coins are Mexican dollars. The smaller
coin is French 8 franc piece. They all
bear the government stamp of their re-
spective countries. Why is it that the
French and American coins are worth
twice as much as the other and have dou-
BILE the purchasing power everywhere? Be
cause the French and American coins are
of limited coinage and sustained by gold.
These two gold standard countries keep
81 900, 600, 600 of silver in circulation. The
country of the free coinage of silver has
not dollar of gold in the land. On the
one side France and the United States, on
the other Mexico. 1t Is for you to choose
between the two civilizations and the two
systems.
The hoy orator. has recently declared
that he proposed to exterminate the gold
standard, an unconscious confession of the
truth that he is no friend of bimetallism,
which involves the use of both gold and
silver. He has declared war of exter-
mination against the gold standard
/ want you to consider for moment
these Democratic wars There have been
three made or declared in my time. The
southern half of the Democratic party,
which controls 1t today, declared war on
free labor in 1861, and in order to carry It
out they tried to cut the Union in two.
They failed, but the experiment was ex-
pensive and tragic.
Dangerous Party.
A few years ago, through Senator Vest,
they declared war Of determination upon
the protected industries and proposed to
cut duties and prices in two. They par
TALLY succeeded IL has been an expensive
experiment.
They now propose to exterminate the
gold standard, and to bring that about
they declare they will cut the dollar in two.
Do you want to try third experiment.
Do you want third war of determination?
1t will be more expensive In money and In
idleness and starvation than either of the
others.
In 1851 they threatened the integrity Of
the Union Today they strike at the in
tegrity of the dollar. Then they sought to
pull down the national flag. Now they
seek to drag down the national credit.
Then the ablest and the best, by the hun
dred and the thousand, of the Democratic
party stood by the flag and would not let
1t be pulled down. Now again the ablest
and the best of the Democratic party, by
the hundred and the thousand, stand by
the national credit and will not let IL be
dragged i'm the dust