davidaulloa/AmericanStories huggingface dataset:
, 1896-08-29

climate Efforts to lesson and prevent
the evils of intemperance and promte
morality.
RIGHTS OF WOMEN.
The republican party is mindful of
the rights Of m Protection of
American industries includes equal op-
p~ortun!ties, equal pay for equal work,
and protection to the hone. We IA
vcr The admission of women to wider
spheres Of use'-,-c7s and welcome
;heir cooperation r-scling the
country from democ~. r. 9 popuulist
m!smanagement az .sru
Sudh are the F-ir. piles a. policies
of the republican I1:.y, r. I've 9 prin-
aiples we will abide. md lAesc rolicies
We will put into SXcout-@. " SIX for
them the consideratc j Ga of the
American people. Con-. Ike in
he history Of our graz ~ nd in
the justice of Cause, we 81 ut our
platform and our candidates in lie full
assurance that their election wi bring
victory TO the republican pa Y and
prosperity to the people OF the United
States.
, 1896-08-29

climate efforts to lesson and prevent
the evils of intemperance and promte
p,prolt,y
Pike County press. (Milford, Pa.) 1895-1925, 1896-09-04
suppose You should Re MIstakeD,

Farmers who think that free silver
will help them to get rid Of their mort
cages should consider carefully what ef-
feet 10 to law will have on the lenders
of capital. The silverites are telling you
beautiful stories about the great volume
of money which will be ready for loan
ing at low rates of interest as soon as
we adopt the silver standard. But sup
pose the scheme should not work In the
way they expect? Suppose that as soon
as it becomes likely that free coinage
law will be enacted there is a general
demand that all mortgages should at
once be paid in fullP The promise of
cheap money when free silver comes
won't help you now. Where are you
going to get the money TO pay of your
mortgage? Do you suppose any man is
going to make loans while there is a
possibility of his being repaid In 30 cent
dollarsS And if you can't raise the
money when IL is called for, and if your
farm is sold at q sacrifice, where will
you be thenH
Think these things over. Don't be
fooled by the free silver idea that cheap
money means low rates Of interest. The
facts are just the other way. Interest Il
far higher in all silver using countries
than in gold countries. If we go on the
silver standard the men who have capt
tai TO lend will charge more interest
than they do now in order to cover the
risk Of being repaid in deprecated sil.
yer dollars. So If you succeed in bor.
rowing under free coinage you will pay
higher interest ON the loan. Ask any.
body who knows the facts whether in
terest is not much higher in Mexico, In
dia or the silver South American coun
tries than In the United States. Eng
land or Germany, with their currency
based ON gold Then make upyour mind
that you will vote for the financial sys
tenn which if left undisturbed will ben
eft you far more than free silver will
Pike County press. (Milford, Pa.) 1895-1925, 1896-09-04
FIve PoInts by seeratarr CarlIsle.

First. Not a free coinage country
exists in the world to-day that is
not ON a silver basis.
Second. Not a gold standard
country exists in the world to-day
hat does not use silver as money
along with gold.
Third. Not a silver standard
country exists in the world to-day
hat uses any gold as money along
with silver.
Fourth. Not a silver standard
country exists in the world to day
that has more than one third as
much money in circulation per capi.
tn as the United States has.
Fifth. Not a silver standard
country exists in the world to-day
in which the laboring man receives
fair pay for his days labor.
Pike County press. (Milford, Pa.) 1895-1925, 1896-09-04
Challenge and Reply.

That the wages of labor consis
not in money, which is q mere med
ium of exchange, but in the COM
modities which it buys-that is, in
moneys worth-was easily shown.
Then the main question for the
laborer is the moneys worth.
Now, the whole aim of the Bryan
party is to introduce a silver dollar
worth less than the gold dollar now
in use. 1t follows that unless the
laborer gets a larger number of
these silver dollars than he now gets
of gold dollars he will be in a worse
condition than he is in now.
This is so clear that Mr.. Bryan
had to meet it in some way.
How did he meet it? This part of
Mr.. Cockran's reply is perhaps the
most telling point in his discourse.
Mr.. Bryan said:
Wage e-earners know that while
a gold standard raises the purchas-
ing power of the dollar, it also makes
it more difficult TO obtain possession
of the dollar. They know that en-
ployment is less permanent, loss OF
work more probable, and re-employ-
ment less certain.
To which Mr.. Cochran responded !;
eff that means anything in the
world TO a sane man, It means that
if the laborer is willing to have his
wages cut down he will get more
work. There never was a boss OF
an establishment yet that meant to
make a cut in wages who did not say
that. / have never yet heard OF
anybody who attempted TO cut down
the rate of wages telling his men
that he did it because he liked TO do
it, They would tell their men: II
you do not stand such a cut in wa
! ges I cannot employ you more thar
half the time, and that Is what Mr.
Bryan proposes for the labOrinl
masses of this communicable
they take dollar Of less purchasing
power, so that employment will be
become more certain and the chan
ces of unemployment more FIRE
quent.
In other words, the chance of em
ployment at so cents a day will bs
greater than at 81 per day, and tina
Is a good reason for reducing wage
one half all around
Pike County press. (Milford, Pa.) 1895-1925, 1896-09-04

liable to decay, a circulating medium
was provided Of papyrus strips, repre-
senting a certain number Of cats and
onions at a ratio of 10 to l. This was a
true double standard system and is be-
lieved to have been the origin of modern
paper cdrFeney. For a time the cat.
onion money circulated at par, but the
historian Faque Hur records that about
908 B. O. a serious difficulty arose.
New colonies had been established In
the region Of the upper Nile, and the
savage Nubians had been taught the
art of agriculture. The rich, black soil
Of the valley which they inhabited was
especially suited TO the growth Of
onions, and the production Of those per.
fumed bulbs was soon enormously in
creased. Meanwhile the cat crop had
only grown in the usual ratio, and the
result was that, with the demand for
sacred animals in the new colonies, at
least 80 onions would be given for one
cat. This brough the papyrus currency
into disfavor, and the ruling pharaoh,
Ram Bunkshus III, issued a royal order
that cats should be the sole standard of
value, and that onions should be issued
only to the extent that they could be
kept at par with the "caterwaulers, +" as
the unit of value was termed.
This did not suit the onion growers,
who at once started an agitation for the
free and unlimited coinage of all onions
at the good old ratio of their daddies.
After passing 3, 1877, GAG resolutions de-
nouncing the horrible crime of 968 the
onionites marched in a body to the pal
ace of their Pharaoh and demanded that
the unjust law enacted at the instance
of the catbugs should be repealed and
the bioatallic standard restored. Ram
Bunkshus listened to them patiently and
answered: "Great, no doubt, was the
wisdom of our ancestors But / am in
the wisdom business myself to some ex.
tent When the ratio of 16 to was
adopted, that was the true ratio of the
cats and onions. Now, owing to a great
increase in the quantity of onions, the
ratio is 80 to 1. All powerful as 1 am,
cannot make onions worth more than
their market value. The present stand.
ard stays. AS for you, o foolish onion
ties, your leaders shall feed the sacred
crocodiles. The rest of you will return
to your farms and hustle. have re-
marked" "
Thus ended the first and only cur.
rency agitation in Egypt. -Whidder
Graham in Puck.
Pike County press. (Milford, Pa.) 1895-1925, 1896-09-04
Questions for Bryan.
(From the New York Press }

(From the New York Press.)
Once more, Mr.. Bryan, we ask
you to explain few of your opin-
ions, beliefs and promises. The
American people never will be con-
tent with your mere statement that
free silver would be good thing for
the country. They never will be
satisfied with your improved asser-
ton that the people will benefit by
free coinage. They never will &C
cept words for facts and sentences
for figures. They want to know
the why and how of everything.
They want you to prove some of the
things you say. Hero are some
questions they ask:
Is it not true that the actual sill.
yer in a silver dollar is worth only
80 cents ? Is is not true that in
every country in the world the value
of that country's standard currency
is never more than the value of the
metal contained in the currency ?
Can you deny this
Is it not true that one of our sill
yer dollars now is worth two Mexi-
can silver dollars, but that under
free coinage one of our silver dol
lars would be worth less than one
Mexican silver dollar ? Can you
deny this ? ~
1t is not true. then, that our labor
would be paid in silver dollars worth
less than the Mexican fifty-cent dol
lar Can you deny this
Is it not true that, under free
coinage, every depositor in a saw
ings bank would lose half the value
of his deposit and every pensioner
of the Government half the value of
his pension ? Can you deny this
Is it not true that, under free
coinage Of silver, there would be
less money in circulation than
there is now, because over half a
billion of gold would be driven out
out of circulation Can you deny
this -?
These are questions that must be
answered, Mr.. Bryan with some
thing more than word pictures
about our beautiful country, with
something more than advice to our
citizens to do as you do and trust in
silver. Then here are some more
How is free coinage to make more
for the people How can free coin,
age open factories and mills {?
How can free coinage stop the raw
ages of the Wilson law How car
free coinage supply the Treasury
, deficiency, which at present aver
ages something like million dol
lars a day
? How can free coinage sell a single
additional grain of wheat or ear O
, corn for the farmer {?
} How are these things to be done
Mr.. Bryan, under your free coinag'
) programme If they can be dom
you must explain how.
Pike County press. (Milford, Pa.) 1895-1925, 1896-09-04
WoOLp Auar INa1lAp oE alLp.


Nov free Coinage would rpiurs ths
Farmers.
The chief strength Of the 10 10 1 aQi-
tation lies In the belief that II would
benefit the agricultural Glasses. This Is a
serious error. The facts Of all human
experience show conclueively that free
silver would cause widespread and pro
longed injury to the farmers Of this
country.
The mere threat Of free coinage would
greatly injure the farmers by causing
an immediate calling in Of all loans
through the natural desire Of lenders to
get back money worth as much as they
lent Hundreds Of thousands of farmers
would be unable to pay their mort
cages, and their farms would be sold at
a sacrifice. No new loans would be
forthcoming, as the owners Of capital
would not invest SO long as there was
any danger that by a change in the
money standard the value of loans
would be cut in two. AS the chief com
plaint Of the farmers now is that inter
est is too high and capital too scarce,
the effect Of q policy which would make
capital scarcer and dearer can be figured
out by each farmer for himself.
A second way in which free coinage
would hurt agriculture would be by the
financial panic which would inevitably
follow the overthrow of our present
sound fsesnrial system and the adoption
Of the ueseaele cheap silver standard.
With the millions Of bank depositors
demanding their savings the machinery
Of credits, by which so large a part Of
the country's business is done, would be
suddenly stopped. Merchants would be
unable to buy goods for lack Of credit
manufacturing industries would be clos.
cd down, as In 1898, and millions oi
workers would be idle. Men out Of EN-.
ployment do not buy as much farm
products as when they are at work, and
the farmers who now complain of the
lack Of markets for their produce would
find themselves with large part Of
their crops unsold. Would not this be 9
serious injury to agriculture?
Another evil which free coinage
would bring to American farmers would
be the unsettlement of their trade rela
tion with the great gold standard com
mercial nations, which purchase eact
year 5000, 900, 600 worth of our surplus
farm products. The adoption of the sill
yer standard, with its constantly fuotu
ating scale Of prices, would prove th,
same barrier to commerce between thil
and other countries that it has to trade
between gold standard Europe and In
dia, China and Japan. Do the farmer
want to curtail and unsettle our foreigI
trader
These are some of the ways in wbiol
free coinage at 16 to would hurt tn
farlnersp No advocate Of 53 cent dollar
has ever been able to show a single wa.
in which it would help them.
Pike County press. (Milford, Pa.) 1895-1925, 1896-09-04
Editorial.
FARMERS THINK AND READ.

FARMERS THINK AND READ.
The free silver campaign is ad-
dressed largely to the farmers of
the country, and the fiattering idea
is held out to them that if we have
more money prices of produce viii
materially advance IN proportion.
This is the same chatf with which
they were caught four years ago.
Then the cry was the tariff is a tax,
and that superficial argument had
its weight in controlling their votes,
Let them go a little deeper this time
and admitting that cheaper money
would raise prices, let them ash
would it increase values ? There is
a vast difference between the two
propositions. The one is pure sop
histry and the other sound sense
If the free silver champion can de-
monstrate that an unlimited ad'
ditaon to the money Of the country
viii cause farm products to be Of
greater value that bushel OF corr
now worth 80 cents, or a pound oi
butter worth in New York from Il
Pike County press. (Milford, Pa.) 1895-1925, 1896-09-04
Money value of 500 pounds in 1873 at tols.so
per pound, s94
Ha59IA

Money value of 800 pounds in 1890 at t0.Oc.s0
per pound, $50
or Ga. 50 cents per pound, in eight years,
Under our present financial system the
price has only fallen $50 per bale, or ii
cents per pound, in 23 years. In face Of
these official figures how can any intel
ligent man pretend that it was the
change in our currency laws in 1878
which has reduced the money value Of
cotton?
The advocates of free silver may at
tempt to answer this exposure of their
low price for cotton argument by show
ing that there was a great increase in
the cotton crop between 1865 and 1878.
This is true, but there has also been a
far greater quantity of cotton produced
every year since 1878 than ever before,
the crop for 1892 reaching 9,035, $40
bales as compared with $3.50, sos bales
in 1878, the largest crop during the
period from 1865 to 1878, so that If in
creased production caused the great de-
cline in price in one case it is surely
fair to credit it, and not the stoppage Of
free silver coinage, with the lower prices
Of the past 23 years
Pike County press. (Milford, Pa.) 1895-1925, 1896-09-04

to 16 cents win bring under free sill
yer double these prices, and that the
dollar so obtained will have greater
purchasing power than the dollar
now has, than he will be benefited
to just that extent. If the farmer
under free silver can sell corn at 90
cents and butter at 25 or 30 cents,
and that money will buy in the
markets double what the present
prices will then the farmer should
vote for silver.
- IF the laborer OF the mechanic
now receiving 81 or 81 per day will
have his wages doubled and he can
purchase of food and clothing double
the amount he now does then he
should vote for free silver. But he
should not do so until it is made
clear to his mind that the value of
the money he receives is greater
than it's present value, that is, that
its purchasing power in his hands is
increased in proportion to the rise.
If this is not to be so then where is
his gain ? He will follow a Will-o'-
the Wisp into a quagmire and real
ize too late that he has been made a
tool to aid coterie of silver mine
owners to multiply their wealth at
his expense. Keep your eye ON the
question, Will value be increased
by free silver ?"
Pike County press. (Milford, Pa.) 1895-1925, 1896-09-04
THEN AND NOW.

This is what the Chicago platform
ON which Mr.. Bryan stands-says
on the currency question in 1896:
We demand the free and un-
limited coinage of both silver and
gold at the present legal ratio of 16
to 1, without waiting for the aid or
consent of any other ma ton"
This is what Senator Jones, of
Nevada, one of the ablest silver ad-
vocates in the country, said on the
subject in 1874:
II believe the sooner we come
down to a purely gold standard the
better it will be for the country"
What great light has been seen
since 1874 ? Did it shine from q
Bonanza liver mine
Pike County press. (Milford, Pa.) 1895-1925, 1896-09-04
SILVER WOULD NOT RISE.

Mr.. Bryan said that the United
States was big enough, powerful
enough and patriotic enough to
raise the price of silver If free
coinage was established. Mexico,
China and the other free sill
yer countries must be wholly lack
ing in these national traits for they
have not been able to keep up the
price of silver, and the assertion
that this country could do so is not
borne out by the history of other
nations. The facts are against it.
The decline in the price of silver is
due to the increased production of
the metal with lower cost of pro-
duction, and to a lessened demand
resulting from the closing of the
mints of other countries TO it's coin
age. In 1893 when the mints of
India were closed to the free coin
age of silver by order of the British
Government, the price of silver bull
lion declined in New York from 80
cents an ounce to go cents an ounce
within three days. Since 1873 Bel.
GUM, Holland, Denmark, Norway,
Sweden, Italy, Greece, Switzerland,
Finland, the Dutch colonies, Spain,
Austria Hungary, Egypt, Roumania,
'runis, Chill and Costa Rica have
either adopted the gold standard or
limited their coinage of silver. Why
did all these nations " commit the
crime F" of turning from silver to
gold ? And if we adopted free coin.
age all their silver would be brought
here for coinage. Can any sane
man say the price would rise ?
Pike County press. (Milford, Pa.) 1895-1925, 1896-09-04
yRee SILVER AND THE PRICE or cor
TON.
Fopulist Statistics which Provo goun,
Money Statements.


Fopulist Statistics which Provo Sound
Money Statements.
Tho Arena, a Populist magazine, pub
fishes a series Of pictures intended 10
show the great decrense in the purchas-
Ing power of bale q cotton. owing to
the alleged Decentralization" Of silver.
The money value of the first bale Is given
ns s418. 90 in 1865. The next In the
same series is for 1870, when the money
value had shrunk to e119.e 90. Other
pictures give the varying values down
TO 1894, the conclusion from the whole
being that the lack Of free silver has
caused the fall in the price Of cotton.
How false this argument Is can be
seen by looking at the figures quoted.
Between 1865 and 1870 the price Of cot
ton fell from SO. 8S cents per pound to
20. SO cents By 1878, the year Of the
''crime," F" the price had gone down to
1871 so cents. In other words, the money
value of bale of cotton shrank from
3418. 90 in 1865 to $94, a difference
Of $322. 90, while the country had free
coinage Of silver at 10 to 1. Since that
time the fall in price has been much
less, having been only from SEA in 1878
to $89 in 1896 at the present quota
tions of 7.80 cents per pound.
The history of cotton prices shows,
therefore, that under free silver the
price of bale Of cotton declined 9822. 90,
Pike County press. (Milford, Pa.) 1895-1925, 1896-09-04
One Neglected Detail.

"No, sir, said the man who was
chewing a long straw, ~ amt satisfied
yet. don't think ary one O. them con-
ventions went fur enough"
''I Thought you regarded the future
very hopefully"
~ did fur a time. Bot in the excite
ment we overlooked things thet orter "a
been done. 1t never occurred ter me at
the time, but we made big mistake by
not havin plank put inter the platform
maxim it ag'in the law fur it ter rain
on mans hay when he's gone ter town
ter tend p'litical meetin. Wash
inRton Stnr.
Pike County press. (Milford, Pa.) 1895-1925, 1896-09-04
win free coinage Of silver al the ra.

With free coinage of silver at the ra-
ito of 16 to every mine in the world
would be worked to its fullest capacity
and the entire output dumped at our
mints. Why9 Because for every 80. o.
Of silver bullion our government would
give the owner $18. Goa net profit Of
So. 06 upon 16 ounces. Who would
blame the millionaires who own silver
mines for making this money? Common
people will be forced to take from the
rich mine owner a dollar at 100 cents
whose intrinsic value is about SO cents
and whose purchasing value is never
higher than its intrinsic value. Rich
mondville IN. Y. } Phoenix.
Pike County press. (Milford, Pa.) 1895-1925, 1896-09-04
FINANCIAL PAnlcs.
No One IN This Country has been Caused
by Lack Of Currency.
New ofIeans PIeayune. Dem.

No One IN This Country has been Caused
by Lack Of Currency.
New Orleans Picayune, Dem.
There have been ten periods of
financial convulsion in this country.
They have been stated as follows,
giving dates and causes. Some were
very serious, others less so but they
were plainly the result of causes
which destroyed business confidence
and produced a sudden and general
Withdrawing of money from bust
ness enterprises and the locking of
1t up in vaults and other places of
supposed safety.
Following were the panic periods :
1818-A result of the war closing
of the ports; speculation.
1926 and 1S29-Unsound money
wild banking expansion of credit.
1S37-Unwise banking methods
excessive speculation.
1S4S-Inflated values overtrading
at home and abroad.
1S57-Unsound financial methods ;
wildcat business enterprises.
1s64-An outcome of the Civil
War.
1873-Excessive railroad building
and overtrading following the war
period.
1sS4-Infated credits; vicious
king.
1s9O-Mild disturbance, an echo of
the Barring crisis in England.
1S93-Restriction of credits,
liquidation in the stock market, bank
failures and the closing of industrial
establishments, following heavy gold
exports and loss of confidence in
ability to maintain a standard of
value, together with an outlook for
another change of tariff.
1t is plain at a glance that these
financial convulsions were caused
solely by forces which destroyed
the credit and confidence which are
absolutely necessary to the conduct
of the business of a great agricultural
and producing country.
Pike County press. (Milford, Pa.) 1895-1925, 1896-09-04
An Emlp.n. nlmetallIat,s oplnIon.

Professor Edouard Suess, the leading
bimetallist Of Austria, states briefly but
with great force the objections 10 free
coinage by this country alone. The re-
suit would be, he says, ''the loss Of all
your (our) gold, and the obligation to
buy in England the gold necessary to
meet your (our) obligations in foreign
countries" He declares that Zone ma
tion alone is too weak to take such a
step, which must lead to a financial
and perhaps an economical crisis. "
Pike County press. (Milford, Pa.) 1895-1925, 1896-09-04
~- Young men talk of trusting

/" Young men talk of trusting
to the spur of the occasion. That
trust is vain. Occasions cannot make
spurs, young gentlemen. If You ex
pect to use them, you must buckle
them to your heels before you go
into the fight Any success you
may achieve is not worth the hav-
ing unless you fight for it. What
ever you win in life you must con-
quer by you own efforts, and then it
is yours-a part of yourself.-James
A. Garfield.
Pike County press. (Milford, Pa.) 1895-1925, 1896-09-04

Some Of the free coinage men still
say that all they want is to restore the
conditions that existed prior to 1878. :"
In 1878 the total worlds production Of
silver was 81. 100, 900 ounces and the
silver In dollar was worth &1.04 in
gold. Last year the worlds product Of
silver was 1876, 900, 900 ounces and the
silver in q dollar was worth only
90 7-10 cents. Will the silver miners
restore the production Of 1878 as the
first step toward restoring the condi-
tions?"