Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1896-10-23
THE MIX IN THE coooANur.
Single Cold Standard Caves Enrland Two
for Ono ON What We Owe Her.


single Gold Standard Caves England Tro
for Onc on What We owe Her.
The Profcssor--There has been ter
rible appreciation OF gold and Of eur
fcncy. and an oppression of ali who
do not profit 10y that change.
Charles-lcS. One reason vhv many
English writer's, while admitting the
evils of the situation. arc opposed to a
change. is that th;s very appreciation
rs favorable TO England. IL is said that
England has outstanding foreign i'm
veStncntS 10 the amount Of eight or ten
billions OF dollars. Let us ray that we
had TO pay her back $iCO.C coo n year,
beginning with lSTo, and continuing 90
tie preSSnt. Debts ure pad i'm produce.
Now. we got that money when whCnt
was 1928 or more. and cotton was Il
cents or more. II takes twice rs much
wheat and cotton TO settle that debt now
rs IL did i'm the decade OF 1870 1850. hen
much Of II wns borrowed. England gets
twice rs much stuff now for her money
rs H. would have purchased when the
money was borrowed by us. IL this
nation wants gold. Il takes twice as
much cotton and wheat 20 buy given
amount of 10 as was necessary some
years back. While u policy that leads
10 such result may he beneficial to
England. H. is disastrous TO America.
Statesmnuship has 90 deal with Fuch
matters; and wiec. sound statesman
ship scouts the suggestion that we
should embrace such n policy. no man
Is worthy of being called an American
statesman who would recommend a..
Statesmanship consists I'm broad. great
measures. that rebound 10 the glory OF
ones country and promotes It's wealth
influence and importance. and the hap
pincss OF its people. fried by this test
/ the proposition To continue the course
we nrc row on. instead Of being for
the advantage Of our country. Is traitor
Gus. and destructive OF our highest aud
hest interests, md the people will say
| So.
The Mnior--Such. undoubtedly. is the
great question ut issue now before the
people. And for these reasons. and be-
cause the double standard Is the hor.-
ester principle, aud will tend 10 arrest
the oppression OF the people and 20 rc.
store prosperity and happiness to this
and all other countries. advocate II
II Is not merely that free coinage will
in itself. be beneficial. but that it will
remedy existing ills and prevent still
greater evils, That now sit like night.
mare broodirg over us. that nia $50
urgently i'm favor OF H.
John Would not the new plan oi
Sound money" do ns we'll?
The Maior-Thc plan OF Sound
money" ns IL * called, Is only a miscr.
able mnlseshft- IL does not go Ia the
root of the matter NJ all. IL leaves the
maSs OF red, mption money iuvt where
II is now-thc handful OF gold. There
is path Tint lends 60 prosperity and
one that leads 40 ruin. choose he for
raer. These "new lights" urge that the
| people shall take the latter. There Is
no hope there. Ii offers no escape from
! decay ing agriculture, decaying busi-
ross. dccaying towns and dccuying in
dnstries. No escape from that dclicntc
financial structure, that Is perpctunlly
in danger of falling and whose vihra-
tions tcrrorizc trade nnd business.
All the little objections thatarc raised
are 10 be brushed aside as one making
his escape from n canebralc brushes
aside the gnats and flies and mosquitoes
that might poster him. lie is intent on
saving his life and dsregards them
! St. Louis Rcpublic