The Philipsburg mail. [volume] (Philipsburg, Mont.) 1887-current, 1896-07-16
COLDBUGS' HYPOCRISY
Do Not Believe in the Calamity
Howls They Are Making.
LEGAL TENDER BONDS WANTED
Legal Tender and Coin Obligations
Readily Taken. and Predicted
Risks Willingly Assumed

The cuckoo rawlings about the tinan- |
cial. commercial and industrial cata- |
clvsm that lesser goldbugs borroW from |
the greater ones and peddle TO terrified
listeners Oh every occasion, have not
only no warrant in fact, no historical /.
precedent 20 rest upon, no logical JUS
tifcation or existence, but are inSin |.
cere to the verge Of fraud and deceit
The automatic cuciloos who have been
taught by their masters 10 lugubriously
chant PIE ,ictions OF indescribablc ruin
that viii follow the restoration of sill
ve:. may pos 3ess the sincerity of ignor-
masters are insinccre, do not believe
their own predictions, and mast pity
inglv smile aS they hear their befuOled
dupes repeat with apparent earnest
ness the silly unWarrunted stuff they
h&vc bcpu taught to cr0ak a1 their
masters pull the strings The proof
that the boss Goldbug& do not believe
thcir own predictions lies III the fact
that they make 50 little difference i'll
the rate OF interest demanded on loans
made payable i'll gold on 'coin, with
the understanding that the latter term
means that the payment may be made
in either gold or silver. It will be
remembered that the United State, was
compelled to pay only onehalf Of one
per cent higher intereS5 for the privi
leso OF paying their late bonds in
,,F; ia, ;,,b ii.
late debate with Nj Bryan, Mr.. Rose
water stated that he had recently re-
newed mortgage for 5000, 000 on lis
newspaper plant in Omaha, and he had
the option Of paying in gold at f. per
cent interest or paying in ''coin' at >
per cent He chose the latter and his
creditor accepted.
Now, is it possible that any creditor
really believes the disasters will be re-
allied that he predicts will follow the
RECOMMENDATION Of silver when he shows
his Willingness to insure against them
for One-half OF one per cent per annum !:
The free coinage Of silver is to be
followed by such Il financial panic,
such readjustment Of values, such uni
versal bankruptcy as the world never
saw, yet those Who now have huge
sums OF money in their possession
enough to carry them safely through
the crash of financial empire and wreck
Of industrial wOrlds-are ready to in
vest their money and assume all risks
Of crash aud wreck for one half per
cent The creditors Of the United
States, of Mr.. Rosewater, of everybody,
admit their willingness to take "cheap
and nasty silver in payment of their
millions and hundreds Of thousands if
the government again makes it ''pri-
mary money metal, and they will
assume all risks at the low insurance
rate Of onehalf per cent!
1t will not answer this contention to
say that these men base this low rate
OF insurance upon their belief that the
free coinage and use Of silver will not
be permitted. The fire insurance
company does not believe that the
property it insures in the city will
burn, but the company will not insure
it SO cheaply the life insurance com
pany does not believe the mal it in
pany will not take the risk so cheaply
i'll fact, insurance companies will not
take such enoromus risks at any rate.
No, the only inference is that these
!: Originaors of direful predictions, who
; are willing to insure 50 cheaply against
commercial and industrial disaster and
chaos, do not believe that disaster and
: chaos will be realized. They are not
} fools, they know something Of history,
they have had much experience, and
they know that for ages, that in times
remote and recent, gold and silver have
: been yokefellows in the work of car
} rying on the worlds trade and com
: merce, they know that disaster nevcl
5 came from that union and they know
it never will that it never can !. They
+ do not prove their faith by thei,
: works Farm, Stock and Home
: G.. n. FREEMAN DIES.