People's voice. [volume] (Wellington, Sumner County, Kansas) 1890-1917, 1896-10-08
Protection.

in voting for silver they can also
vote for protection, those who are
honest in their protest will vote for
Bryan.
Let US see if we can do it.
All Republicans agreee, we believe,
that should our minis be thrown
open to silver, gold would go to
premium, or in other words, that sill
yer would fail to rise in the worlds
markets to Sl.29 an ounce.
Our individual opinion is that no
man in the commercial world would
sell his silver for less than Sl.29 an
ounce, when he could have it coined
into American dollars, for which
there is such an enormous demand,
at that price. But grant that it
would fail to rise 10 par; grant that
gold would go to premium and
what would be the result?
How has it resulted elsewhere?
By reference to the statement of
President Diaz, of Mexico, published
in yesterdays paper, it will be seen
that gold premium has been great
protection to that country. Speak
ing of the fall in silver caused by the
closing of the India minis and the
repeal Of the Sherman law in the
United States, he says:
"The consequent appreciation in
the price Of gold and the increase in
exchange between Mexico and the
gold standard countries at once Oper-
ated to reduce impOrtatiOnS and stim-
ulate home manufactures. The added |
price of exchange was in effect an ad-
ditiOn to the tariff. The importer
added to the original cost the duty
and cost Of exchange"
This is borne out in this country
by no less an authority than VIM.
Mckinley, the present Republican
standard bearer. In speech de-
livered to a delegation of potters,
September lst, reported in the We'll
lington Daily Mail, and in the Sum-
ner County Star of September 3rd, |
he said:
I'm 1873, encouraged by the tariff |
and gold premium, which was an ad-
ded protection, we had increased to
twenty pOtteries with sixty-eight
kilnS.
Now if Republicans really believe
that silver will not rise to $l.29 an
ounce, they ought to vote for Bryan,
because a gold premium will afford
the country protection from foreign
manufacturers in gold standard
countries that can not be had by any
tariff. And it is at once equitable
because it favorS no one industry at
the expense Of another, and leaves
no option with the manufacturer
about putting the added cost of his
goods, which he is able to exact by }
the tariff, into his pocket, or paying
it out to his employees, 1t gives all
the same advantage.
Goods from gold standard coun-
tries could not compete with our
home products because they would
have to be paid for in gold, and if
gold was al premium they would !
cost more, just as Mexico has to pay |
moe for them now. Hence. as in
Mexico, our people would buy home
manufactured goods,
Our absolute need of foreign goods
is very small. L. F. Copeland, in
his lecture in Wellington last winter
on"The Future of our Republic, "said
1--WE could build a wall around the
United States and the only unfor-
tunate people would be those who
would be on the outside of it." And
it is true.
A wonderful impetus would be
given to our manufacturing in.
dustries, ar being upon a silver
basis We would be in a position to |
sell goods to all our American mel. :
bors Mexico and all the South
American countries, as we'll as Japan, |
China and the oriental countlies-l
from all of which we are now largely
barred by reason Of our gold stand
ard policy.
This is the lawful" result that
would follow if silver should not 90
to par when we open our minis.
Some will argue that our money
would not buy as much then as now
n II