Democratic Northwest and Henry County news. [volume] (Napoleon, O. [Ohio]) 1894-1905, 1896-09-03

II this be true, can the Senator ans
Wer In any line of sincere honesty the
Question as to why we should pay
those bonds in a money that has been
increased BY legislation from so 10
100 per cent? Can the Senator claim
with any justice to his fellow coun-
trymen that American dollars of 4l24
grains Of silver and 25.s grains of
gold would no; be fair payment for
those bonds? II is such dollars that
the free coinage and the honest use
Of silver would create.
The Senator has taken up the ca
lamity cry and the use of the So cent
dollar, and claims that the free coin
age of silver would drive the gold
out OF this country and place US on
silver basis. They told this same
story when we commenced the coin
age Of silver in 1878 under the Bland
law. The facts we're that while we
added S27, 100000 per year of silver
to our currency we increased the gold
continually, and by that means of
increasing both our gold and silver
were enabled to pay off large pro-
portion of our national debt.
While the Bland law was false in
principle because 1t made silver a
commodity and not full monetary
metal, nevertheless all the silver that
was added to our currency from 1875
to 1890 did not drive gold out of the
country. 1t never began to go out
TO any great extent until the balance
of trade was against US, and that al
ways takes gold out of the country.
When there is not money enough
with which to do the business and to
produce surplus of products to be
sold abroad, then invariably the bal
ance of trade comes against US and
we have to meet our balance in gold
if the balance is in gold using coun-
tries.
The senator claims that working
men are getting their pay in gold
coin or its equivalent. There is not
one man out of thousand who are
working in shops and factories or on
our farms that sees from one years
end to another gold coin. That
coin IS the bankers coin, it Is the
bond dealers coin, it is the money
borrowed by the government for
which the government pays prem
ium of from IL to 8 10 per cent.
to look at IN the treasury for little
while until the gold syndicate pre-
sents greenbacks and demands it
back again into Its own Golfers.
Talk about driving gold out, how
can it be more effectively driven out
than it is to-day under this false
economic practice of degrading silver
as much as it is possible to be de-
graded by not using it by the gov
ernment and by the banks as the law
plainly gives them the power to do2
Why does this great senator have no
defense FOR the law that makes sill.
yer a legal tender for all debts, pub
lie and private? Why does he make
no charges against both the Republi-
can and Democratic administrations
that have ostracized silver and made
gold the money of final redemption?
The free coinage of silver will
exalt all silver dollars coined, pro-
vided they are made to do monetary
duty just as gold is, and will make
the mint value and the market value
the same. The seniors speech is full
of political claptrap; he talks
about the overproduction of silver IN
| the United States. John Sherman
knows as we'll as he knows that
twice two makes four that the pro-
duction of silver and gold through
out the entire world not vary per
cent. from l6 to /. He knows that
If all the silver in the world and all
the gold in the world are weighed up
by actual weight there is not sixteen
times as much silver as there is of
gold. He knows that is the natural
ratio, and all that is asked is for an
honest law and honest use of these
two metals alike as money metals.
His appeal to the workingmen will
fall as dull thud. Too many men
are out OF work, too many stacks are
smokeless, too many men are working
on half time, too many have been
trampiug the streets Tor months and
almost for years to be deceived by
this cry of q gold dollar as the only
sound dollar. What men want is
work, what they want is to see bust
ness go on, what they the want is
to be sure of steady pay in honest
dollars and enough ofthem. They are
not waiting for 200 cent dollar,
they are waiting and hoping and in