The Ely miner., 1896-09-02

Farmer. and L.bor.r. sufrer Most.

Farmers and Laborers suffer Most.
IF there is any one thing which should
be free from speculation and fiuctuation
to be the subject of mere partisan conten-
ton. When we part with our labor. our
ii or our e should asabe
Of honest men can make It. Debasement
ues. No one suffers 30 much from cheap
money as the farmers and laborers. They
are the first to feel its bad effects and the
last to recover from them. This has been
the uniform experience OF all countries
and here, as elsewhere. the poor, and not
the rich: are always IN the ,r srreatest sufferers
Unlimited Irredeemable Paper Money
The silver question II not the only issue
efsecting our 1.n money In n the penang ING con. con
coinage of silver, its strongest Champions
Issued directly by the goveEnment cf the
era.ie ieo deeiasstion. The st St. LOUIS peopis's
shall be issued BY the general government
Of issue, be full legal tender for the pay
ment Of all debts. public and private. and
be distributed direct to the psoRsls PIE and and
ernInent.' Thus. in addition to the free
coinage Of the worlds silver. we are asked
TO enter upon an era OF unlimited IRE
deemable paper currency.
Protection of Supreme Importance.
Another issue Of supreme importanSe
yer is menace to be feared; we are already
trade The one must be aSerted We the other
corrected. The republican party is welded
to the doctrine Of protection and was never
argument % were needed to strengthen de-
votion to the American system or
the and hold nsoSs f that
In the lesson and experience OF the past
three years. Men realize in their own
@ se xfs ony Sstors or to
and know what each has done for them.
of President Harrison in December. 1Bss,
to show the prosperous condition Of the
country at that time. In comparison he
Cleveland. which he declares abound with
descriptions of the deplorable industrial
and financial condition OF the country
tinues:
Cause Of the Change.
What a startling and sudden change
within the short period Of eight mvnths,
had occurred? A change of administra-
ton; all branches of the government had
been entrusted to the democratic party.
policy that had prevailed uninterruptedly
for more than 80 years and brought un-
exampled prosperity to the country. and
and the substitution Of a tariff for revenue
only. The change having been decreed by
the elections In November: its effects were
at once anticipated and felt
Good Money Never Made Times Hard.
'It is mere pretense to attribute the
hard times to the fact that all our cur
rency Is on a gold basis Those who as
sert that our present industrial DUST, and imam; nan
standard have not read American history
Alright. or been careful students Of the
greater prosperity in this country, in
every field Of employment and industry,
than in the busy years from 1880 to 1892,
on gold basis and employed more gold
money in its fiscal and business operations
than ever before: We had. too. protective
collected for the government and an ac-
cumuleting surplus which was constantly
applied to the payment Of ,sha the publie debt.
Mckinley presents figures showing the
loss of revenue by the operation Of the later
increase Of imports. He says:
I'VE have lost steadily in both directions
Our foreign trade has been diminished and
able loss Does not this suggest the cause
Of our present depression, and indicate its
remedy? ConfiHenee d,3e in home enterprises
are closed. or running on half time at re-
duced wages and small profit, If not actual
t9ss er ,ds en nat AT nqe hoa are loie ana While
supplying US with goods. Our unrivalled
home market for the farmer has also great
1.-THE great army Of American wage-earn9
ers-are without the work and wages they
formerly had. II they cannot earn wages
earn If they have no employment, and when
they do not earn the farmers home market
is lessened and impaired, and the loss Is
loss Of earning power alone in this country
in the past three years Is sufficient to have
produced our unfortunate business situa-
ton. If our labor was well employed and
employed at as remunerative wages as In
1892 in q few months every farmer in the
land would feel the glad change in the in
better prices which he would receive.
should Open Mills. Not MINIS.
'It is not an increase in the volume Of
money which is the need Of the time, but
an Increase in the volume Of business. Not
an increase of coin, but an increase of
confidence. Not more coinage. but more
mints for the unlimited coinage or the
silver of the world, but open mills for the
full and unrestricted labor of American
Of our mints for the coinage of silver would
not bring the necessaries and comforts Of
life back to our people. This will only
and such employment is certain to follow
the reesta blishment Of a wise protective
policy which shall encourage manufacture
SProtection has lost none of its virtue and
Importance The first duty of the repub-
lican party II restored to power in the
country, will be the enactment OF a tariff
law which will raise all the money neces-
sary to conduct the government, econom-
ically and honestly administered, and so
adjusted as to give preference to home
manufacturers and adequate protection to
home labor and the home market. We
are not committed to any special schedules
or rates Of duty. They are and should be
always subject to change to meet new
conditions. but the principle upon which
rates of duty are imposed remains the
same. Our duties should always be high
enough to measure the difference between
the wages paid labor at home and in COM
peting countries, and to adequately protect
American investments and American en-
terprises.
With reference to the subject Of reci.