The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1896-08-21

ing the purchasing power Of the dol
lar TO be determined by the mum.
Der Of dollars B.metallism Il better
than monometalli sn. not because II gives as
perfect dollar-that Il u dollar absolutely uns
varying I'm It's general purchasing powers.bu
because II makes "a nearer approach TO stabil.
ity. 10 honesty, 20 justice, than gold
standard possibly can. Prior 10 1879, when
there we're enough open minis 20 permit all
the gold and silver available for coinage 70
md entrance Into the worlds volume OF
standard money. tho United States might
have maintained gold standard with less in
Jury TO the people Of this country; but now,
when each step toward a universal gold stand-
ara enhances the purchasing power OF gold.
depreSses prices aud transfers TO the pockets
OF the creditor class an unearned increment
the influence ol this great nation must DO
thrown upon the side OF gold unless we are
prepared TO accept the natural ana iliegitimate
consequences OF such an act. Any legislation
which lessons the worlds stock OF standard
money increases the exchangeabe value of
the dollar: therefore, the crusade against sill
YER must inevitably raise the purchasing
power OF money and lower the money value OF
all other forms Of property.
Our opponents sometimes admit that IL was
q mis- take 10 demonetize silver. but insist that
we shc'ld submit 10 present conditions rather
than t. return to the bimctalic system They
err in supposing hat we have reached the end
OF the evil results OF gold standard. we have
not reached the end The injury Is a contlnu-
ing one, ana no person can say how long the
world is to suffer from the attempt to make
gold the only standard money The same in-
fiuences which are now operating 10 destroy
silver IN the United states will. II
successful here, be turned against
other silver-uslng countries. and each
new convert TO the gold standard will
add to the general distress. so long as the
scramble for gold continues prices must fan
and a general fan in prices j. but another def.
milton OF hard times. Our opponents, while
claiming entire NEUTRALITY-SUSPICIOUS. for them
selves, have appealed 10 the sclnshness OF
nearly every class OF society. Recognizing the
disposition OF the individual voter 10 consider
the effect OF any proposed legislation upon
himself, we present TO the American people
the financial policy outlined In the Chicago
platform, believing that II viii result in the
greatest good to the greatest number.
The farmers are opposed to the gold stand
ard because they have felt its effects. Since
they sell at wholesale and buy at retail they
have lost more than they have gained by fall
ing prices. and besides this. they have founc
that certain fixed charges have not fallen IA
all. Taxes have not been peroeptibly de-
creased. although it requires more OF farm
products nov than formerly TO secure the
money with which TO pay taxes. Debts have
not fallen The farmer who owed 81, 900 is still
compelled TO pay $1,000, although it may be
twice as difficult as formerly TO obtain the dol
lars with which 10 pay the debt Railroad
rates have not been reduced TO keep pace with
falling prices. and besides these items there
are many more The farmer has thus found it
more and moro difficult 10 live Has he not
just cause for complaint against the gold
; standards
The wage earners have been injured by
gold standard. and have expressed themselves
upon the subject with emphasis. In February.
1895 petition asking for the immediate res
toration OF the free ana unlimited coinage Of
gold and silver at Is 10 was sigaed by the rep
resentatlves OF ali or nearly all OF the leading
labor organizations and presented &c congress.
Wage earners know that while gold standard
raises the purchasing power OF the dollar. it
also makes 1t more difficult 10 obtain pos
session OF the dollar: they know that
employment Is less permanent, loss OF work
more probable. and re employment less certain
A gold standard encourages the boarding of
money because money Is rising; IL also dis
courages enterprise and paralyzes industry. ON
the other hand the restoration OF bmetallism
will discourage boarding, because, when prices
are steady or rising. money cannot afford TO lilo
idle in the bank vaults The farmers and
wage carners together constitute considera-
BILE majority OF the people OF the country.
Why should their interests be ignored in con-
sicering financial legislations A monetary
system which is pecuniarily advantageous TO
few syndicates has far less tacommend 1t than
o system which would give hope and encour-
agement to those VINO create the nations
wealth
MIR Bryan devoted much attention 10 !
the subject of international bimetal- |
lis m. and when he concluded after
speaking an hour and 40 minutes.
there was another but briefer demon /
stration.
Mr.. Sewall was then introduced by I
Gov. Stone in tones that were inaudi-
bic and delivered brief speech un.
indorsing the Chicag'
platform.
GLARI &C GIINlf>Nri