The Butler weekly times., 1896-08-13
The Issue With England.

value Is oet"etn Il the nlted States
and all the countries of Europe are
mistaken. II is an issue chiefly be,
tween this country aud great Bri-
! tain.
! We have 100000 people Great
Britain has only little over half as
many. The question Is whether
they shall dictate to US the terms
on which they will trade with Us or
accept our terms. At present they
are debating. and at ruinous
loss 10 ourselves. We are excepting
their dictation.
Ii ought to be admitted ,ha, En-,
gland Is our best customer and that
we have no quarrel with her people.
But she ,akes more than half our ex.
ported surplus and by SO doing sets
the price Of our wheat. corn, cotton,
provisions ond other articles Oh
which We chiefly rely TO bring US in
cash from abroad.
1.-THE prices Of these articles are
forced down, we cannot keep gold in
this country. because II will be
drained out ITO settle the adverse
balances that is, to pay an in
creasing debt to England.
On this point the whole contro.
versy turns. On the gold basis,
the more we trade with England,
the deeper we are likely TO get in
debt to England and the more gold
we are likely to have to part with in
payment
: When England puts down the
price of gold, it puts down our cot
ton, wheat, corn and PROVISIONS
articles without which England
, manufactures and English business
5 in general could not go on. II we
did not supply these articles, if the
supply failed for ten years, at the
: end of that time England would be
utterly ruined. 1t must have them
, from us. 1t is dependent on US for
i them. If however, it continues to
: dictate the terms Of the exchange,
: as it is doing now, we will be ruin
{. ed. 1t cannot 60 on another ten
:, years longer without utterly bank
5 rupting America and overthrowing
h our republican institutions.
h The condition existing at present
it is briefly this: u We supply En-.
+ gland with food and with the raw
It material for it's principal nanufact'
IS ures. o. BY establishing the gold
&c basis against us-by forcing the
r price of gold continually higher and
n, higher-England forces continually
Al Al lower and lower the prices OF all We
a have to sell. 81 Our stock of gold
e, is thus continually drained out oil
~ ~ the country in increasing quantities
ne as the Price of wheat. corn, cotton
Ii. and provisions goes lower; for if We
"a "a do not pay for what we get abroad
bo giving our products at goo(
prices; if we are obliged to par
~. With them for low prices. we mus
81, make good tie ,:tl-ieLce III cash
ar and if gold is recognized as cash
xt We must pay in gold only.
,Is Hence it is England's interest I
W force up the price of gold, year b
ar -car. With splendid ability it
&C. &C. Tory financiers have been doing il
tn They have had the backing Of pol
es- tical and financial agents in Ne
'+i -. York and other American cities wh
be are thoroughly familiar with ou
politics. Through these, Englan
!. has sought to dictate the platform
nor OF our conventions and to contr
IL the eiectlcus OF our pfe-laeEts.
.tv. Under such dictation We ha
ted grown more ana more in debt, Ill
irst til it is now estimated that We oy
heT England from two to five billie
eek dollars-on which it demands pa
I"s, ~ ment, principal and interest-not
.ses wheat, cotton, corn, provision
silver or anything We might east
pay, since by paving only in 60
: still force gold still higher a,
city everything We have to sell still low
g., five have grown at once imbec
and seryiis. We will accep. this d
i at tation r we are Americans, p
eessed O. c1m,non sense aud t
alton maDliness to back it. we will sh
,~ter in the next four months that We
,,S.a, pcf ofrofj 70 ucaIo a s1arJ f1r r