The Irish standard. [volume] (Minneapolis, Minn. ;) 1886-1920, 1896-11-07

"a. l,iong 81 anaIl ahare ders Who have
known only ans ssments but h1W Will they
make 81! BY taking from the pockets sof
the people the coin already there, q "a the
tariff benef1ciaries, and boarding sc up p
their Golfers until Cleveland gets ready TO
sci, another block t bonds at private BIDS? g
They will make It BY adding to the Volume
Of our exchange media, thereby causing q
revival Of business, the advancement OF
the. wage-rate and the employment Of the
idle leg.ons of labor. And the people will
also be. in on he "rake-off. THE silver
CON they own will be enhanced N value
more than s25,0 900 900! Doubtless that
would be great evil, else it would not be
SO vigorously condemned by the Mckinley
ties. Now you've kids, understand the
situation-"git on to the fin de siecle mon
etary science as expounded to u.s. by Nc
K.nley and other Of our elders, whose SUI
per;or wisdom it is our duty TO honor: The
free coinage OF silver will double the value
OF the raw material and cut the value Of
everything Of which 1t Ia made, square thro'
the middle. See? Well have deluge Of
white dollars, each worth 100 cents if you
melt it down IN New York, or Amsterdam
Or Hmbuctoo; but SO long as it's got Uncle
SANS spread eagle on it it's worth only
SO cents. You've got to believe that or
you're an anarchist, a repudiationist, a
popocrat and full O. prunes. You've got to
swallow it or you've got wheels in your
head and an attack o. the w.lLes II you
ask any questions you're "a lippy kid" and
only part of the new monetary science.
These 1O0-cent silver dollars are going to
drive all the 100-cent dollars out Of circula-
tion, reduce our volume OF final payment
money" so per cent, and at the same time
cause tremendous depreciation n the
purchasing power OF every remaining dol
lar. You see the go,dites have repealed
both Gresham's law and the law Of supply
and demand. They're going to tackle the
law OF gravitation next-in fact its e.imf-
nation is necessary to the success Of their
monetary system, for while it's in effect
things can't go up while they're coming
down without considerable difficulty. They
have amended the law of interest; and now
all those old economists who held that
the purchasing power of money has abso-
lutely nothing to do with fixing the interest
rate, are dead wrong. They have proved"
in all their big papers and from every
stump and at the head of every beer barrel
that the value of gold has fallen one-half
during the past few years, because where
the government formerly paid rental Of 6
per cent for its use It now gets it for 8!
This is q glorious thing and entities them
to our eternal gratitude. But don't ex-
anime it too closely-never look a gift
horse n the mouth. just take the good
the gods provide and hold your peace.
Should a man ask you if a farmer pays six
bushels per acre rent when wheat IS worth
dollar, and but three bushels per acre
when it is SO cents, shoot him on the spot;
he's a red-fagger, an enemy of vested
rights and a dangerous crank. Ten to one
he's got a dynamite bomb in one coat-tail
pocket and copy of the Iconoclast N the
other. Don't read anything but gold-bug
literature, don't think, don't disagree with
the powers that be- just see what hap
pened to Jesus for questioning the supernal
wisdom Of the money changers Of Jeru-
salem!