The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-08-23

tsnrusshsd statesman In 1875 that rian 1A.
wonid be fortunate indeed ! ina e la,s,
laiasAs medium Of hard money shoalu s'cs
pace with population ani INC ,es. n,
commerce. Expericnce has tHlsoi Una, y
does not. The full capacity OF our r i nesT
is less than dollar per capNa III -,
Must the country suffer through ni hd
years TO accomua odate the theory OF nS.n
money Sdvccai;es as against an 49,,
ence thAS proves beyond cav -Ho '"-'
OF the fiafsts? q,
What the populsst party stands for IN
aes 81 bot iS So h and six sve- at the pres
ent legal ratio. OF is 20 / and IN A1o' .,Sr.
an amount Of trademarks paper gu =,
the payment o. ali deets, both plelie ana
private. sufficient with wha' OF soIu 60
saver We can obtain to make q e. ~
circulating medium OF ~. After tne 49, va,
so to $50 per capita. more than 3 5000
in money and So,coo 90 IN population an, 80
labor Was worth s. and "a per ~! -, 90
cotton 20 TO 30 cents per pound and wneAs
j. per bushel. The larger the Noluihe ~,
CIRCULATING medium cons stent W. ns
Of the country. the better price prvGucNS
Of labor yield; the smaller the Noiu,.ne
below this legitimate business demand 1,e
producer. 1t is not because mo sean'
CIRCULATING medium goes 20 premium,
but because the producer must l,a4 ~ -, -,
a larger amount OF his products 70 uuta-H
specific sum OF the circulating n.tuluih IA,
II a dent was contracted on arm -.
slIcQ when there was a specihc uihou .-,.
OF legal tender money in the ,ounit
which measured the price Of The farmer
products, the cutting down by law ~ uhe-
half this amount OF legal tender money
in effect doubled the debt. because money
becoming thereby scatcer by mar, needIle
1T the same tine dearer by han oy A,N.hs
TO perform Its original Junction anu Nie
additional function OF he other lel,Ieva,
a;ed half; and as a natural conseiht..'SS.
the producer must part win twice tne
amount of products TO obtain even
| "A nF hat o *
volume at hand. SO that. TO pa! WIS 'lvp,
the farmer must part with not w" worth
Of has products but ,lsr worth or ms
products. II this amount be above ms
productive capacity. Inability 70 pay ~
evtably. results in foreclosure ana ms
Goldbugs tell us that the business in
terests Of the country are now 50 aI-
iustcd 10 the single gold standard that 10
change 1t means business depression ara
wreck and ruin: i answer mem ~ guy ,,is
were adjusted to the double siandHr'l an !
that their stealthy change 70 me E"li
standard has already brough; wreck and
rum TO by far the largest bus ness M
tcress of this country. t9-wlti the III HIM nv.
rests the fabric OF our 6lrit keny , ".
mont, when II prospers, all prosper; when
! " suffers. all suffer, except 90" iinn,N
| power which feeds on their aaNefs'y ny
virtue of tho enhanced value Of me seant
4 money supply which On" farming -htrt
osta require. This hue aud cry ahpul tne
sIi ,Itri i,'1 10 He influence of the
| banking and other corporation irt'rtsts OF
| the country. They know mat scahl
money supply enhanc"s the N1lue ut the
| rnnnov th9v nossps and control, and they
me-. i1 Inc business for gain The AVERAGE
| bus ness man in every community rs 80
/ absolutely dependent upon tnc banks loT
/ ,hs cnniTlct of hi. business that they
/ have but to pull the strings anu ne
/ dances. This interest so laraeiY Fly lp,.i, y
/ e1rintion that IT Incomes the ready in
/ 4,,1irn.nt for The prouulgatiou oI ats
| docfrirrs
| Aud tina d. vouerrul sont.fnent Rrd
agent Is created In favor Of tho gold
| -iandarG / tremblc for my country when
| + ',,,tf,,,,i,tc me uo,y.rfu and almost
| ,,..,. '.,tit,,,, in fluouce titr banking and
! o'hnr cnrnoraiions exercise IN this coun-
~ If ty,s wisely said at the icgs1nius
| nf tbig ,,nnturv that banking INST. -pt,on
| ,,'..,a marc G,1rnrolls 10 inc liberties OF
| thc ncolie than standing armies. They
San awlv the lfr-hiood CT the Nation
| irrfi, tnd inunrrrntlhly
IT, a. ',wr,,ia,,iah,n f1ri that already 80
| ,,,.', bas rro,vu their influence that they
| rg,,nr'nnittrs nj their pleasiIrs 1t ia only.
| t,rr"tnr. /, nilc,;tiou whether the Nation
! am ,o,S rboos.. TO throttle the moastcl
60" no, ,,rl,xs tho nnniil,, unlliv. and
ne ia of NIo,nmon unon Inc
| 'iI ~ M nboiIa'a liberty aud uros
| ,,"rttv tr IN tlirtv YEAR. Il has 10y fay
| i1 i,..i,t,tte,, reTo,,m so nowArful Is
continuation win eject. ns IT now threat
,,,' H.. J'1tn Of orr Eatlon. II Is hot
trr to now endure all tho further hard
sbir4 IL can and win infuct il the peopl,
ri,I,. Ia oIlmyv thrcutrh faar lis n'inaec
r',r6mrnts.
.rr.. ta,t Tar tho stnplo .rold STANDARD
.s n,o.i mot,ral In the vow | have *
,r,..l r,Nr Lasls az these hanks IS tn,
noad4 or Nh" Nai.ou 'Fhcv soon mature
,'"'Ii' '" MI in nnjd or extoudcd
~ ,.,I l,,t,, H., ~, ~, tninrr,t ni IN,
tv,pl,s ia forrn thoir EXTENSION or re
|