The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1896-06-26

D. the Wilson bill, does that not sho
our exports are increasing also?
more European fine carpets an
laces are coming in, do we pa
money for them or do we trad
corn, wheat, meat or some produC
of the shop for these? Let the In
ports increase, they can't do thi
without the exports incre asing /
proportion, and that hurts nobod
but those who want to hog the pei
simmons.
CURRENCY SYSTEM.
Says he "the present currenc.
system is the fruit of Republican
wisdom" We are glad to hear yol
daddy your own child, then it fol
lows that if the present currency
Is the fruit Of Republican wisdom
then this financial panic and these
hard times being the result of The
present financial system are also
the fruit of Republican wisdom
Well We'll take your word for thai
and pass it. We agree with you.
PROPER USE OF SILVER.
"The Republican party has never
been opposed to the proper use of
silver" Proper use! What from
your standpoint is proper use
Good enough you mean for the poor
man, but something better must be
given t. the bond holder? Yes.
CREATE VALUE.
"Great and powerful as our
government is it cannot create
value" Ah!Whats the paper in a
paper dollar worth? The govern
ment takes a piece of that paper
and stamps it into a dollar that
measures one day of your time and
muscle. Did the act of making a
dollar out of it not put value in il :?
This piece of paper so stamped
measures that value. Did not
government put that value in that
paper?
But again the government takes
two pieces of paper; out Of one it
makes S1.00 that will buy your
time and labor one day; out of the
other it makes $1,000 buys your
time for 365 days.
Are you still of the opinion Mr..
Fairbanks that government can't
put value in money? Why, the
says that is just what
can do; coin money
and regulate its value; and here ii
is eXemplified, the same sized
pieces of paper with government
stamp added makes two different
values.
SOUND CURRENCY.
Sound currency is one of the
essentials, and defrauds no one!
That is sublime truth and here
lies the secret of Democratic
to the gold standard or
any other single standard.
Under the single standard of any
money it becomes more in demand,
and as this demand increases, il
offers an opportunity for specula-
tion in this only money, and thus
the strong and monied combine
and the poor are at their mercy.
A debt of $500 today may be-
come larger and larger by the com.
process of making this
Inly redemption money scarcer
md scarcer.
To illustrate, the 5000 debt was
treated when labor was $l.OO,
wheat so cents per bushel, horses
ESQ a head aud so on through all
he products out of which this 5000
$ to be paid; but when pay day
.ame round it was found that this
'nly redemption money had been
contracted till it was a halfscarcer
low, which made that that was
eft worth what all was worth be-
ore; and it being the measure OF
'alues, all these commodities were
low half cheaper, but the debt
vas still $500.
What effect had all this? Why,
raised the debt half or to $3.50,
because it destroyed half the
means of payment at the time the
|ebt was created.
But we cannot follow Mr.. Fair
anks further. Let any reader sift
lis speech and its vagarles will
ppear SO thick as to destroy il
ntire.
Special Notice TO Farmers Wives.