The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1896-09-18


to silver while leaving them open to gold taking away
the option OF the dor and destroying the demand for
silver 10 what has affected Its relative commercial value
with gold II Ia not fair to clip birds wings and then
damn 1t because II can't n.y. uopg. continued applauseD
THE SILVER BULLION OWNERS.
They say that free coinage Of silver Is in the interest
Of the silver bullion II that true. then free
coinage OF gold. which have. Is In the interest
OF the gold bullion owners lApplause) lf there Is
anything in their argument. they should advocate the
closing OF the mins to the free coinage OF gold When
decides what our money should be MADE Oh
IL decides H. should do for the benefit OF society
and when that decision IL made II should be made WIN
reference civilization. Any collateral beneht ha'
may result to those who dig II out OF the ground Is n
dnitely small compared with those whs are beneheu
thereby.
The loss to our wheat growers and cotton growers by
the decentralization OF silver. to say nothns OF te o"
Of all other property, mounts up Into the oohs
dollars during the past twenty-five years and Is In
initcly greater than any that has occurred TO the
silver miners
HOW 1T WILL CIRCULATE
They say suppose have free coinage OF silver y
will only benefit the silver bullion owners How VIII IL
get crculation How will you set 1t without "orA
ing as hard for 1t a you do now?
The answer is this When the silver oulion owner
takes IL TO the mint II will be coined into money ana
landed back to him, the paper representative rep
resentatiye money will be handed him. while the mnts
coin II later The thing he Will 90 VIII De 70 pay Tue
railroads the freight 1t; this part VIII 60 into crcua
ton by being paid the employees on the railroad ana
from them 10 the houses aud farmers who sup
ply the boarding houses and to the merchants Wneie
the railroad employees buy their goods He Will next pay
that smelted It the rener that refined It, and
they will pay it to their employees. He will next 90
the mountain where the miners delvng In the ground
and he pay the their shirt sleeves the Liners
who have mined It, he will pay the owners Of the burro
trains that packed down the mountains He Will pay
,foct, m
Of the ground and for the powder that blasted 1t from
ne earth when he Is through putting It into circu
lton he will be fortunate man II he has ID cents on
/ he dollar left. Nong appauseD
WILL RUN GOLD OUT OF CIRCULATION.
They say the free coinage Of silver will gold out
e circulation So far have not answered this, the
lnswer is this
10 gold in circulation among people 1t is In the bank
auts OF the large cities 1t ID cornered. And the gov
crnment Is the mercy OF those who own IT, wish
o remind you, citizens OF a republic that no money
houd be the money republican people that does not
circulate among the people OF the republic No republic
can exist such for long period whose vital necessity
Is possession of the people When In the posses
sion of selfish Glass; will be used to bull and bear
prices till prosperity among the people Is ruined ZAP
piausc) Silver the money OF the people and circu-
ated to the very pores Of civilization 1t does
token money and money Is appropriate to republican
people that does not thus circulate. (ApplauseD
IMPROVED FACILITIES.
They say that improved facilities what has lowered
prices.
The answer is this From 1850 1878. and especially
from 1850 to 1873 the greatest Of improved
facilities this country has seem And yet In the
face Of improved facilities, prices advanced We had all
of the improved machinery for farming prior to 1873
except the and yet In spite OF these improved
facilities and essening cost Of harvesting the farmers
PRODUCTS increased In price, The reason was this While
improved facilities creating more property 1t ws<
also creating larger production OF the two precious
METALS The prices I refer to the rising prices IN
m, worlds markets. (Applause The cost or produc
ton is not makes prices Prices are made by the
relative quantity and demand therefor Of property and
money Oae Is seeking investment In tho other ano
.hr relative quantity and demand therefor regula to
their relative values. Improved facilities may cause
overproducton Of product. and In this way by over
supnly lower its value. But Industrial history shows
that there such thing as overprooucton or as ons
nar,d m three years. and seldom for two years. The
rducer Of the world have their hands on the pulse OF
the ma rkets and shift their energies TO those things fol
which there Is demand II you cannot at once GRASP
,h,. reaching of Industrial history, you can. what an
about TO say 1t ths There is no such thing as over
production when there are tens OF OF our
nle going hungry and half clothed Uong applausel
Imnroyements make new demand for labor. Rail
ba ve set tens OF thousands Of people at work with
nav occupation. Gas and electric light plants, from thu
cturers who make the Improvements to the mel
employed In operating them multiply the NUMBER en
| !. mns and tallow candles they had superseded
THE QUANTITY OF MONEY.
They any we have much money Row per capita as II
,s7a The answer this 1t is true we have In gold an
al forms Of credit money much per capita as we ha
| - ,s73 But over twothrds OF this money Is credl
mercy and less than third is gold or primary money
:. therefore, top heavy 1t shakes confidence In II al
pmarv money nxes level OF prices and will sur
rt only an equal quantity OF credit money any create
az credit money does not help the situation but
the contrary It harmful We have less than oneha
| :. much primary money now as we had per capHa
1s7a We ha We only half much sound money now
| ~ fs73 when you consider the money boarded up !
srI vaults not to 60 again into circulation, except
ths form OF loans which II hurfu there not to e,
eed ave dollars per capita In ejaculation today 10 tn
TYr,tad states II 10 not money to loan that gives
tss,hv tone to business II Is money seeking invesmen
purchases that benefits trade. lApphuseJ
EFFECT on FARMERS.
rhev .av to farmers admitted, wheat Is 80 cents, bu
or can buy as much with that 80 cents as you cou'
Ten ,be dollar when wheat dollar bushel so 20
/ are not Injured
III. answer Is this 1t Is true that farmer can bu
uch calico and cloth with 30 cents as he cou
UNA A bunhel But caun