Democratic Northwest and Henry County news. [volume] (Napoleon, O. [Ohio]) 1894-1905, 1896-08-20
A5s CENT GOVERNMENT.
According to the Argument Ad
vanced by Gold Bugs.

Monday night Ex-Governor John
P. st. John, IN a speech at Columbus,
hurled the following javclins oi
truth at the enemies of the nations
monetary system;
"Silver was demonetized not be-
cause Of an overproduction, but be-
cause gold could be more easily COB
bled up by the rich men, and by de-
monetiZing silver the money of the
people, it would consequently place
a premium upon the boarded money,
which the wage Garner and farmer
would have to pay The assertion
made by the gold bugs that the farm
er does not suffer from the single
standard was branded as a malicious
falsehood. The state of Kansas was
cited as an instance. Crops were
never better than they are this year.
The farmer receives cents a bushel
! for potatoes and ten cents for corn,
all sound but low prices, the money
received on a well cultivated farm be-
ing scarcely sufficient to pay the in
terest on the mortgages. all held by
gold bugs and most of them payable
IN Ine single standard.
'"The talk that under free coin
age system the mine owner could
bring SO cents worth of silver to the
national treasury and have it coined
into legal tender dollar, and then
pay the miners on a SO cent basis,
shows clearly that if this be the case,
there is only SO cent government
back of the money, and a lot of So
cent politicians running the govern
ment.
There was no reason for the de-
monetization of silver in 1878, for at
the time that silver was demonetized,
it was worth more in Europe than it
was in this country. The assertion
that there was but $S,000,0 900 in sill
yer coined up to 1873 is false one.
There was over $3.50, 100000 in silver
currency in circulation at that time,
aud foreign silver was legal tender
in this country.
Mr.. st. John caused some amuse-
ment by asking all those in the audi |
ence who had gold coins in their
possession to hold up their hands.
But one man held up his hand, but
when the same question was asked in
regard TO silver over 200 hands went
up. Free silver is not afraid of the
truth and will make it's fight on any
fair basis. Mexico does business on
a 100 cent dollar just the same as we
do, and prices are better in that
country to-day than they are here.
When this country in its hour of
need was looking for money, the gold
was hid away, and it was the govern
ment greenback that bought the
hard tack of the soldier when he was
lighting for it's preservation. The
men were paid off in greenbacks,
hen it was that the gold came from
is lair and purchased the floating
at so cents on dollar, and
he people and the nation were in ,
his manner robbed.
America had free coinage for
years and it did not become the
Jumping ground of all the foreign g
liver. The talk that Mexico would f
lump all her silver in here is only Il
'eing used as a scare crow. If she I
i1 z. ttihsiis, what would Mexico do for Q
money? 1t would force that coun- r
ry into bankruptcy or else they L
yould have to purchase their own $
liver back and pay US the premium |.
10 political party in the world eyer S
eclared against silver, until the n
Arnolds of the universe e.
allied themselves together in nation g
| convention at st. Louis on the 18th K
ay of July and there declared for a L
olicy that will cast them into OBJ L
WON on the third day of November, I
10 sooner had that convention de-
Jared for the gold standard than
.merican stocks went up in London,
nd the Wall street brokers raked in h
heir dividend. Silver stands upon J.,
he stamp of the government because =
he government makes it so, and a
acked by the government, it is 1
,orth 100 cents, and the people will a
ay it is sound and safe" ! !
Gov. ST. John will speak at the :,
pera house in Napoleon on Wednes- =
ay afternoon, Aug. Goth, at 2 -
clock. Turn out and hear him. =