Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1896-03-01
FARMERS VIEW OF IT
TURNS THE sEARouILour on THE
NATIONAL ADMINISTRATIONS.
For the Future There Must DC NO
Devious Ways or Doubuai
Platforms.

ton within the last three months IL
selects from them one which is. In
general sense. representative OF the
whole:
New waverley, Tex, Feb. 27.-liditor
Gazette. Since the opening OF the
financial discussion 30 much has been
written and said with the deliberate
purpose to mystify and prevent u fair
consideration Of the subject that COM
mon conclusion has been reached thnt
II IL too deep ana Intricate to be Crap
pied or seriously considered by the
average voter, But trained In the Old
school we believe that the masses are
capable and are the best Judges of all
mcaIures relating to their moral So
cial ana political welfare. Otherwise
all republican forms Of government
must he ideal and impracticaDle, and
followed to their logical conclusion
travel by rapid transit from minority
to monarchlcnl rule. And parties being
the growth OF difference Of ideas az to
the best method or policies to be pur-
sued In comprising desired end OF
the greatest good 1t does seem of vital
Importance that these ideas should be
definitely set forth In order that our
citizens may array themselves intelli-
gently. according to individual convlc-
ton. and that good faith and strict
party integrity should he scrupulnusly
order to command the loyalty OF
friends aud the respect Of opponents.
with these propositions conceded VIC
fail to see the necessity Of following
the impcrtinent vdHdries or tiIcsume
statistics of crafty or aspiring stntea-
men and taxing our time and memories
with .heir volumlnous researches Into
the records of dead centuries and
peoples
Bimetnlllsm Ia living American Is
sue. ana In our judgment should be
dealt with as the tariff or other issues
affecting international and commercial
relations. And as the science OF All
legislation Il common scnsa, and IA all
questions relating thereto should be
squared bv that rule we conclude that
any man Of co nmOn sense H. sufficient
~ qualified 10 pass lutclliRcntly upon
all such questions The trouble. we
think, lies not so much I'm lucupaclty
MS Il reluctance To inform ones self
for the intelligent execution Of a yot-
er's duties, FOR these duties are as eN-
| acting and often az disncreguhlc and
grave as those encountered In every
day business lie. and he who shuns
either or delegates his responsibility
10 another Is a moral coward lacking
| In the clements Of "A successful bus
| iucseman as wen rs that of a good cit
| izen. In meeting this responsibility
| we should tear Oft the shacl;s and pro-
| coed In plain practical way to Its con-
| siderAt'0n. Facts nrc more convincing
/ than fine spun theories. and who cares
/ TO follow tho Intricate and tortuous
/ paths of the sophlsts. when the plain
| turnpike OF experienced facts lies
| directly In our way,
| In this last quarter Of century we
have witnessed n steady and pro-
| tractcd decline OF values. especially
| agricultural. unprecedented before in
] duration and What 10 thA
GAUGE? The favorite answer is over
| production, but by a careful reference
! to our Statistics Of production VIC md
| this harmless factor for the per
capita production Of our leading
| staples of agriculture nrp no greater
now than at periods nntcdating this,
when much more satisfactory prices
prevailed and we must inquire again
for n more satisfactory cause. Refer
ring again To the period mentioned. We
notice that this condition was initiated
and runs parallel with the date Of the
| decentralization act ~ lS73, which de-
privcd us gradually OF the use Of silver
eliminating In 1898 with the snddling
OF all bimetnlllc responsibilities. con
tracts and credits based upon two Sc
curltles upon one, and as there is a lin
itol possibility to the capacity of any
created power. 1t Is evident that gold Il
prevail we must tighten lts load " rep
resentative values and be content to SCI
,..em descend to n yet lower acale a
they reach our fixed representation.
But the authors of this policy seek Il
Justify their course on the ground q
overproductlon of silver, In nnswc
to IS let US apply the universally nc
cepted law Of supply and demand AM
see how II works. Overproductiol
gives n satisfied demand, and a salts
ned demand makes falling prices. Wa
the price of silver falling at that date
on the contrary. II commanded
, premium OF about 5 per cent, Agni
we may disprove their assertion b
their own witness. for, according I
, the report OF the director Of the min
.o,ei4ng the period from 1872 to lS9'
, submitted and officially Endorsed b
, this same administration. we hay
total production of gold In the Unite
, States for that period, A,931,Ss 16gi an
OF silver. Nli6,SO9,OOO. an excess q
gold over silver Of 1921 ,0l2,IG9; enoug
to allow us about SS,00O,00O yenr 10
, trade balance with go.4-usinB cour
. tries, and IL II cost us more than thi
, our commercial relations were Gel
= thinly more at fault than was our sys
. tenn OF bimetalllsm, and the wiser pln
would nave been to have made an as
, slgnment and gone out OF business
/, and that Is what n scns'hlc tHrm"r &
= country merchant would have dom
4 for we have sense enough left even
this muddle 10 know that we must sc
more than we buy to prosper
The depreciation OF personal propert
we might be able to stand, but vine
our lands which represent both on
: bank account and credit, suffer CORE
spondingly, we can be fooled and whc,
died no longer, for we then know tina
Q arguments OF supply and demand an
uverproduction have been eNhauste
+ and have a retroactive. application
$ their bearing ON these Independent va
Q hes, as well as ON the eternally IKE
q works Of the Almighty. and the efeC
Z dow prlces) comes before the caus
(overproductlon and supply and Dc
u mand)
: The same law OF supply and deman
e IL applicable TO money as 20 commodit
!, values. and at present there Is grei
G demand for gold owing to It's llmite
supply. and II requires Just so man
more bushels OF grain, pounds OF cotto
and wool and numbers Of horses, COW
. hogs and hens and acres OF land
a buy given amount OF gold as II hi
A appreciated In tfe scale Of value. an
q when all available has bCen investt
. In these and other necessities OF III
K and the demand for them is sim VI
n satisfied, money famine Is preciplti
ted. and this Ia exactly what Is u
matter now with yc scribe and son
\, others OF HIS acquaintance. and In plni
- of forwarding tho interests OF civiilz,
= tlon as Its advocates claim, we wi
soon be glad TO avail ourselves OF Il