The copper country evening news. [volume] (Calumet, Mich.) 18??-1907, 1896-08-29

The following letter Is one of many
that are daily received by the Times
Herald. 1t is supposed to contain the
strongest free silver argument that can
be addressed TO the farmer, and it is
used by the free silver orators with I'M
mense assurance of its success:
Lincoln. Neb.. Aug S.-To the Editor:
NV land Is encumbered by mortgage or
$1,000. payable In lawful money November
I 1907 must pay this debt with the
products of my farm. Under ordinary cir
cumstances | will be able to raise 1000
bushels of wheat next year III there Is no
change In our financial system, THIS wheat.
M 10 cents per bushe Will pay halt the
debt When the value of a silver dollar
is reduced TO 90 cents ny free Go,nase a.,
Its value. will be worth 5Ocent dollar
With free coinage of silver shall, there
fore, BE- able to pay the entire lire deDt Win
having a debt OF $1,000 has doubled since
/ borrowed the money. i have obeyed me
laws Of my country under the gold stahnara
and shall obey them under silver standard
The opponents of free coinage OF silver are
appealing TO the laborers the creditors anu
policy holders TO protect their own per
sonai interests. IL | should fail TO look out
for my own interests who Will do SO Tor
me? Is there any reason why ! snoulu ho
vote for the free and unlimited coinage OF
silver? Very respectfully, ). W. binser'
The answer is not far to seek.
when this farmer borrowed the money
Il was the equivalent of $1,000 in gold.
I, wns the same as if he had received il
ali i'm gold $40 pieces. He could have
had IL that way if he so desired. Per
hans he did. for many such loans nave
Leen made. When he expended it he got
S1O0O i'm gold equivalent. He probably
imnroyed his farm To that extent or
Innght stock or machinery. In whatever
way he used il, unless he burned IL up or
snunndered il. he got value received.
rho narrowing and lending was bust.
ness transaction and the borrower used
Tho money to promote his business III
tcrcsts.
Al no time since that mortgage was
,',cutcd for few mortgages run over
6ye wears without renewal, would a
thousand bushels of wheat have paid il.
S,nnose we had borrowed the money
EN- n ncighboring farmer more pros
nerous than he. That neighbor would
nrohobly have to carry something IKE
| two thousand bushels of wheat TO town.
eli IL for n thousand dollars, get the
sei ,,av and hand it over to his
sr;nni There have been in the
80 Thousands of such transac-
p In fact, in every farming
| Community there are n Few farmers,
nero thrifty and of better business quail
| ;Gcations than the others, who always
havn money to lend out OF their savings
Thov oct the money from the products
&c tioir farms, but they are not loaning
- nroducts. They are loaning the
.non and since 1879 it has been gold
h.o"i ~ cnuiyalent. Why should they
VI oat have the same kind of money in re-
payment! .,o, tho advocates ot
,I;,,i,cd free coinage are charged with
1,"hnncstv and that silver is called DIS.
u.'nt money, when by the passage OF
nonca Thousand 50-ccnt dollars will b6
sufficient to discharge q dent OF 'hou
sond IOO-cent dollarsF Such IaW
,ounts 10 the reputation oil one-hail
shn Jebt obligations of all the debtors IL
'r WIN Mr.. Binger in the above iette
."rhe burden of paying debt o
ssdaaoo has doubled since l borrowed I'M
siooo no must remember, If he Is stat
nv, That is true, that the burden Is no
lns mon him, but upon every othe
alo, i's man who has borrowed money
pn,'itonts and manufacturers feel IN
MeIo''" strass of the hard times. as tn
saI,le do IL is not because they Dor
i,,.nd cold anl have to repay gold ina
NV harden I. greater, hut That thci
VIZ r,ings and aysets have not turned on
ca ,hnv hoped and expected. Compet
In and oyerproduction have auecte
uoh .hnio world. but Reputation is nc
The proper cure for II. o,,o
Honesty is the best policy-as poIlc
..,arolv without reference TO its NOR,
nnaiity-for nations as well as ior inu