The Green Forest tribune., 1896-10-01
ARE YOU iNSUREpq
II So, You Should Vote with Caution This
Year.

tlcuJ Mutual Ldfe Insurance COMPANY
has addressed a letter to the 250 ,0G0 pol
icy holders of the company, in which he
says:
I'VE never supposed it necessary to
provide that you should pay your pre-
miums or that we should promise to
pay your policies in any particular kind
or quality of dollars; both-with the
exception Of certain Canadian insur-
ances made during the civil war and
while gold was at a premium-are pay
able In lawful money" only on the
confident assumption that the American
people are sufficiently honest to keep it's
dollars meaning what they We're meant
to mean and always had meant.
But now comes q political party and
avows its distinct purpose to make u
dollar mean three distinct and widely
different things: q A gold dollar,
worth as bullion 100 cents anywhere in
the world; (2) a silver dollar, worth as
bullion only SO cents at the present
time; (3) all the paper promises of dol
lars to be hereafter issued by the gov
ernment only, redeemable in either 100
cent gold dollars, SO cent {or less) silver
dollars or IN new promises to pay, at
the option of the debtor or redeemer.
You do not need TO be told that only one
least valuable of these dollars would re-
main in use. The invariable experience
of all the ages fixes that fact before
hand.
''Should this party so led come to
power upon this platform, the govern
ment dues, instead Of being paid, as now,
III gold at 100 cents, or in paper which it
now redeems with such gold and never
with silver, would be paid in silver or
the paper redeemed in silver, which sill.
yer we could use in trade at only its
bullion value of SO cents on the dollar.
The Qreenbacks then being redeemed i'll
So cent dollars, the government bonds
and their interest being paid in 80 cent
dollars, our national bank currency,
which rests on government bonds. re-
deemable in 52cent greenbacks and the
gold gone from domestic circulation in
to international trade, we shall be OH
the single 52-eent silver dollar basis.
One-hundred-cent gold dollars do not
swap even for 52-cent dollars of silver.
iron or copper. Fifty-two cents worth
of anything can never buy more than
SO cents worth of anything else. Then
the purchasing power of your policies
will be cut in two.
Coming upon a silver basis would in
tensely stimulate again the production
of silver The ores are now easily acces-
sble, in inexhaustible quantity, from
which silver can be put upon the lnhr-
llet at profit OF 40 TO so cents an ounce,
at which price ''silver dollar would
be worth 80 to 2s cents, or less than
ere en- sack was during the darkest days
Of 1864 Under that stimulus and undes'
such conditions there can tie no possible
doubt that the price Of silver Notsla
steadily decline on the average to'vart
the point at which it can be produced.
which ii some mines IS said 70 be al
ready less than % censs an ounce, ande
Inventions and improvements have nct
ceased. Should we come upon silver
:-asis your rolicies would for the
present he paid in dollars" worth to
your families only about so cents; an@
the great bulk of them would probably
&c Eaitl in dollars worth not more
than f,o1n 25 to 23 cents.
1t is theref;re our duty to warn you
,hat by so lauch as i.was your duty to
make this provision for the protection
or vour families, by so much is it your
present duty &c see. SO far as your acticn
car prs vent II, that 10 Fart OF that pro-
vision Is lost to them by being paid in
dollars which are worth anything
iass than the 100 cents in which YOU
have been paying your premiums ard
IL which, therefore, you and we sup
.:osed YOU were making that provision,
trusting to the personal and political
integrity of the American people 70
.keep their honor bright and their money
mcod. We have never supposed-aIad do
net vet suppose---ts.at the Il oney stand
ard OF this great country, producing Tor
and trading with all the countries OF
the earth. is at the mercy OF lot OF
i}eoele who have Il lot Of cheapeTieg
metal to sell TO US to use for a neW
standard and who have long been care
fully and at great expense organizing
this scheme politically by bringing into
one camp all the discomfort, the ieai-
uusy, envy. and hatred which the nr-
wise. unthriftv, inproyiaent, idle AID
.self-indnlgent are supposed to harbor
toward the self-restrained, Industrious,
careful. saving, thrifty and wisely
provident.
ssNio1a rs,s.neri', is fl,e delusive cry