Hutchinson gazette. [volume] (Hutchinson, Kan.) 1895-1902, 1896-10-01
HE TWO MILLsToNEe

CLARENCE Griggs, money lender Of
Ottawa, ILL.,, is secretary of the county
republican committee. j. w. Grant
ham is a farmer living near Marseilles,
Ill, Grantham borrowed some money
from Griggs, and the two had little cor
respondence a few days ago. Griggs is
gold standard man and Granthan is
bimetallist. When Griggs wrote he
said:
~ have understood that you were
very active in the free silver movement.
AS business proposition, this is a bad
thing for you. If this interest is not
paid and Bryan is elected, will deem
it my duty, in the interest of r1y
client, to declare forfeiture and Inn
mediately forclose, SO as to get either
the property or the same kind of money
which we gave to you. This same line
OF reasoning applies to every man in
your position, and while ! know that
the debtor class, so called, think that
the success of the free silver move.
ment is going to be favorable to them
1 know that it will simply crush them
out of existence. Your own case is a
sample. 1t would work oppression to
you in these times to demand the
,oooou nn1 Rovao1os,,ra hat 1,O,, IN =,
SEQ how all holders of mortgages
would want either land or good money
for their debts. This is, of course, ir-
respective of the question as to whether
Bryan would give us free silver or not.
The men who have the money are
afraid Of free silver and they will not
rely either upon prophecy or history
for their guidance as to what the cur
rency of this country will be worth
ifthe free silver agitation is success
full"
But this threat did not brighten
Grantham little bit. He ID some
thing of a letter writer himself, and
when he received Griggs letter he
seized his trenchant typewriter and
wrote few words on his own account
This is what he wrote:
"In your threat to foreclOse you do
not say that your client demands the
same kind of money that you gave, but
you will deem it. your duty in the in
terests of your client. What do you
mean by the same kind Of money?
You gave me check for the balance
after taking up the old mortgage, and
| presume the holder of that also got
check. You will hardly demand that
pay you with check made Of the
same kind of paper You doubtless do
mean that shall pay you dollars of
the same purchasing power. / did not
to my knowledge, sign a contract to
regulate the price of commodities SO
that their average price would be the
same when paid the money as when
l borrowed it.
IF foreclosure depends upon Bry
ans election, you had better begin at
once, for it is generally admitted that
it is all done but the counting and rat
ification. If Mckinley is elected and
this gold dollar is made any better, or
retains its present value, no mortgage
can be paid. John Sherman is in IA
vor Of the dollar that will purchase the
most Of the necessaries Of life, aud
presume the rest of the republicans
are of that opinion. That being the
case, the policy of the party will be to
further increase that purchasing pow
err. and wheat will be % cents a bushel
instead of so cents, with other pro-
ducte at parity So, you see, no
matter how it goes; we are bound to he
crushed in defense of the peoples
rightA"
--
49, mi 0DttnArnM