The Monitor-register., 1896-10-09
LETTER BOX.
One of Value at Home ami
Abroad.

One standard of Value at Home ami
To THE EDITOR OF THE MONITOR
REGISTER. SIR:-I have received an
anonymous letter signed ga lover of
TRUTH" that will be obliged to you if
permitted to reply to through the
columns of your valuable paper. NY
friend, who writes, on the whole. in a
courteous spirit of inquiry, but chal-
lenges me to a reply, eff ~ you, know
what you are talking about and are
honest" encloses the outline of a sermon
preached by the Rev. Herbert N. Casson.
of Lynn, Mass, on "Who is the Anar
chist-Bryan or Hanna ?" in which Mr..
Casson shows apparently to his W
satisfaction and with much responsive
sympathy from his audience that the
latter, Mr.. Hanna, and not the former,
Mr.. Bryan, deserves that name.
AS l have never INDUCED in personal
abuse nor had the slightest sympathy with
those who did SO, l have failed to see
what relation my sermon, as preached in
the Baptist Church and kindly and SO
fully reported in your paper, has to do
with Mr.. Casson's subject. That Mr..
Bryan has been charged with teaching
and defending anarchistic views is
admitted that they are the logical out
come of the platform on which he stands
is asserted, and, l think proven, by the
arguments of hundreds of the ablest
minds of our country; and that the great
body of the people, believing this, have
40 sympathy with such views, is my pro-
found conviction.
This campaign is one of education
moral and mental. The money question
is only one, though made the leading
question, of others equally vital and
important, and simply made subordinate,
to, what our currency should be, and
what standard of value should determi.
nate it. We who believe in the gold
standard as decisive of the value of the
silver one, simply put the more valuable
metal where a consensus of agreement
by the leading nations of the world place
it-as the international basis of com.
merce-and insist on its remaining 80
till both metals can really be guaranteed
an equal intrinsic value and medium of
exchange.
We object to one standard (single) that
we believe, in its unlimited coinage,
would, by its unrestrained circulation,
drive the other out of existence, and
insist that what is the worlds standard
of value should be ours at home as we'll
as abroad. We cannot pay out a dear
coin for our imports and circulate a
cheap debased coin for our exports and
home consum ption On the mere assump-
tion of doubling our prices and increas-
ing the wages of labor.
This gold standard is said to be a
bankers fortune and a gamblers gain;
that the wealth of the country is in the
hands of the few to the impoverishment
of the many. Can such misle aiding
statements be really believed /? 1t would
appear so, and, l think, by a great many
Of u fellow citizens with perfect
sincerity and honesty. To such l would
simply ask the question-where are, and
Investments made that has so enormously
increased the wealth of our Republic ?
Let me try to answer. They are held
by the middle class and working masses
of our people. Take one illustration
No less than 36 5000 men, women and
children have confded SAL, 900, 900 of
hard-earned money to the care of the
Philadelphia Savings Fund. Take this
small sum and you can multiply it by a
thousand fold and fail to cover the
amount of investment and savings in
real estate, life and annuity insurance.
Take the millions from abroad Of capital
invested, giving employment to hundreds
of thousands, and 1 confidently assert
that it is the many Titles tina make the
much wealth, and, after Mr.. McKinley's
election, great prosperity of the country.
Yours faithfully,