The representative. [volume] (St. Paul, Minn.) 1893-1901, 1896-02-19
ert that gold only will fill the definition,


prove that they lie. knowingly. knavish-
ly, and with intent to deceive, THAT they
may derive personal profit from the es-
Enlistment Of the gold standard in this
country. I do not here refer to those
deiuded cuck0Os who simply retail what
they read in our subsid zed daily PRESS
they are simply talking through their
hats; but to those who are behind the
scenes and pull the wires. here make
the assertion that we have had but so
millions of honest money in circulation
in the United States since the suspension
of specie payment at the commencement
of the civil war, and that so millions were
got out of the way as soon as the bankers
could do it. / now adduce proof:
First-Greenbacks, with the exception
clause on, as our United States notes are
called, are not honest as they are not
full legal tender and have to be re-
deemed. These two facts are stamped,
the one on their faces and the other on
their backs, and those two stamps prove
their dishonesty. Any money that has
to be redeemed is imperfect; therefore,
dishonest for honesty is pure justice.
The same argument will apply to any
other United States money. not full legal
| tender.
| Second-National bank notes are not
honest money, as they have to be re-
deemed. They are not legal-tender for
anything, or in any amount; they draw
interest from the people on what the
bankers owe them; they are simply cur
rent counterfeits of United States notes,
produced by collision of government
officials with the counterfeiters
The constitution says: Congress
shall coin money and regulate the value
thereof" But these national bank notes
are bastard money, not recognized by
| the constitution, and can never be made
legal tender without a change in the con-
stitution. These counterfeiters and their
| cOnfederateS are traitors to their govern
ment and should pay the penalty for trea-
son against the constitution and people,
and If old Hickory was in the presiden-
tia! chair, they would get their deserts.
| Third-Gold is not "honest money" for
the following reasons % 1t never car
ried nation through the troublous times
OF war; it has always disappeared from
sight at such seasons (2) 1t is utterly
insufficient in amount for the purposes of
currency. In an able editorial IN a Min
neapolis daily recently, land gold bug
paper at that) the editor proved that the
| amount OF gold in this country was great
| ly overeStimated and that there was not
much over 300 millions of gold, all told,
and that this was nearly all in national
and state banks, and the United States
treasury. To base the currency of IA
nation of 70 millions of commercial peo-
Pile, scattered over a territory covering
36O3, 844 square miles, ON so small an
amount of gold, is. without intending to
be slangy, entirely "too thin and the
poor sinners that needed a redeemer
might pray in vain. Gold must go to
| INN m, cJrnI
express purpose of the money power to
make the gold the standard on which all
moneys are based, so that they may con-
troll the circulation of money. and make
the producers eternally pay tribute to
them and their descendants. This
mOney-pOWer did not care which of the
metals was demonetiZed so that they had
the amount of money restricted and could
control it. At first Germany, Austria
and some other countries demonetized
gold On this subject the congressional
monetary commission says: "The move
ment IN Europe for the general demon
etization of gold would have become
general, but for the resistance of France
1t was changed in 1865 into movement
for the demonstration of silver. But
this change from demonetizing gold to
demOnetiZ.ng silver was more of form
than substance. The object aimed at by
both was disuse of one of the money
metals, to protect the creditor classes
and those having fixed incomes against a
fall in the value of money, and a rise in
general prices of labor and property
Through the increased production of gold
and silver the money power were losing
their grip, and the producers were be-
coming more prosperous and indepen-
dent. Hence the demonstration of sill
yer in this country and Europe. This
was done that kings, princes and office
holders having fixed incomes, and the
creditor class having fixed annuit:es
might the better bleed the producers and
keep things under their control Just
one fact here to further illustrate the
iriquity of the dishonest gold dollar
When Abraham Lincoln was president
he got salary of $25 900 and IL, 500 bush
els of wheat would pay his we'll earned
stipend. Today Grover Cleveland gets
1000, and It takes 100000 bushels OF
, wheat to make it. Consider the differ
eIce in the price of produce and officials
In the first instance, how little he got
for the amount he gave; in the second
case, how much for so little! -!
Fourth-As gold is constantly appre-
ciating in value, and as result prices
are constantly falling. the producers are
| UtHS ucpIIVeu vi lHcII just 0dIuluSS W
i the dishonest gold dollar.
, I shall here introduce Abraham Lin
coin as witness. and / make no apol
; ogy for so doing for regard him as one
of the purest and broadcast minded states
men of this century. many of whose
f homely sayings and aXiomate statements
are as incontrovertible as a demonstrat
+ ed problem in mathematics. Here IS one
f eff government contract a debt, will
! a certain amount of money in circulation
and then contract the currency before
v that debt is paid it is the greatest crime
f that a government can commit agains
s its people"
Please study that sentence carefully
t for it IS an axiom absolutely indisputa
: BILE. and will apply to all time contract
S in the country. and as the most of OIL
business is carried On under time con
s tracts. you will perceive that in the las
1 % years the American people have beer
: the worst fleeced sheep the wolves o
:: greed have skinned in centuries. II
t make the matter perfectly clear, l will
: base a couple of syllogsms of Lincoln
4 statement. First-In an untrammellet
, market. the law of supply and deman,
t regulates the price of merchandise. TIL
i same law applies to money, as well a
merchandise Therefore, the amount o
i money in circulation in proportion to tn
|. quantity of goods for sale regulates til
r price: l. e.. much merchandise and littl