Pine Bluff daily graphic., 1896-08-14
...sv condemned monometal,,

hg and htor tor me day i'll any nation III
 stand lor D'.ea fastened on the United
 mr1 l. ndgisseussion before the people
 x Tltho1nleh nave ave never yet been willing
 p tienals,a l,aiet before the voters upon
 lsue ., m sympathy or coopera--
 s,fe can De n od yocates of universal
 stTeen sa and the advocates Of bimet-
 Between bimetaliIsm, al,a Tneoa1{ yhs aafd
 p ,.nf pft or international, ana the Seia
 ilsna,ibs a ,bsrs Is an impassapte gull
 lifa, ,.Laaanial agitation III Iasor oL III.
 qaadr lhllIraaastaIlism conducted in good
 sitonssal sa onr o opponents desire to nam
 or dg ds,9 gs standard permanently Are
 tbs gola tn confess the superiority ot
 sillnga .D lard when joined in by the
 able slanu ainns af fae world, or do they
 dllg. nstiva7 tSaf gold Is the only metal suit ElislsI sassrd snss money among civilized
 for stsnVb " tbeV are, in fact, desirous of
 hus' II os @safallisn, we may expect
 dug plnt ai,,t nut the evils of & gold
 r to possld ldefand bimetalltsm as & sys-
 adsN shd ths other hand, they are bend
 Ona-s,as OIL toward the permanens
 lar snri nnt of a gold standard under
 sblsallSSasl SSaacslsration in favor of ipterna-
 ad saasalIsm. 1 am justified tn sug-
 2, Sae that honest money eahn9t 9e S;S eS
 Y Y # tt inc hands of those who deal I,y1 dls-
 " l,s " with sf the American people; Whas
 ss ,s.st of honesty in moneyf 1t muss
 V, ,,lss lssIb be s1 sound in the pure hasing power
 slnag nagslisr An absolutely honest dollar
 ts 7 agar. Nat vary in it's general purchasing
 sa lgs " would be absolutely stable when
 al Y IS be average prices. A dollar
 sauii" iiucrssses in purchasing power Is
 n HSsbonest as 9 dollar which de-
 a.s S in purchasing power.
 ss ast,..or Laughlin, now of the Ini-
 PSlssisOr ss rbioaeo, and one of the highest
 sg!s@ndsrd @ authorities, in his work on
 s.sHua ,ssIisn not only admits that gold does
 rslsi,,p1, aain ,ahsoluteIy stable in value, but
 iels'H ssserts Ss that there is no such RFsg standard of value for future
 sssnts either in gold or silver, which
 g.ISs a,s absolutely invartable. He even
 s9 s,sts that multiple standard wherein.
 s,''s snt is based upon the selling price or
 .mb.r aaI. r of articles of general consump-
 apy0, aapaSnld be q more just standard than
 "OJ gold or silver or both, because a
 pa si,.s sYsa contract would thereby be paid
 flllo sa lmstnritY by the same purchasing
 " m,t was Qiyen in the beginning.
 l.anot aa " bs successfully claimed that
 .ssmatsllism sa.Islli or bimetallism or any oth-
 ..s.sm ssrT.', gives an absolutely just standard
 'iIss I finder both monometal llisnl and
 ,asilIsm fi the government fixes the
 tlai Isst and flneness of the dollar, invests it 1 1I.ssl lander qualities and then opens
 .g1fs to its unrestricted coinage, leay l N. Annrehasina power of the dollar to '..s,Tmined 4s by the number of dollars kssg,llismis better than monometall1sm, riseatse I eiFes us a perfect dollar kt,a dollar absolutely unvaryIng Ill It's |Tss purchasing power-but because 1t ,s,s. M nearer approach to stability, to fsNty to justice than a gold standard &aby can.
 pnr 10 1873. when there were enough M amints to permit all the gold and sil- Hnllable for coinage to find entrance Es ,Ae worlds volume of standard f@w the United States might have FJnsined gold standard with less in- fr to the people of this country: but z when each step toward universal standard enhances the purchasing Esg gold depresses prices and transfers Ehs pocket of the creditor class an un- knsd increment the influence of this Eat nation must not be thrown upon the Ed gold unless we are prepared to ac- N the natural and legitimate conse- Esaes of such an act. Any legislation Ekh lessans the worlds stock of standard Easy increases the excangeable value of ': dollar; therefore the crusade against EVr must inevitably raise the purchas- 6p0wer Of money and lower the money |lls of all other forms of property.
 Ogg opponents some times admit that it ENl mistake to demopetize silver, but EAf that we should submit to present |nditlons rather than return to the bi- LsulAt system. They err in supposing gAve have reached the end of the evil |Hgls Ot A gold standard; we have not |&Atd the end. The injury is eontinu- |aons, and no person can say how long EsF@d is to suffer from the attempt to pEs gol4 the only standard money. The elslnaiences which are now operating EsatNy silver in the United States will FNccessful here, be turned against other k'a using countries and each new con |Hio the gold standard will add to the |hsEal distress So long as the scramble Epld continues prices must fall, and gaaal fall in prices is but another defni- Fad hard times.
 while claiming entire dis EsIslsdneess for themselves have appeal ED'le sslnshness os nearly every class EE0pe; Recognizing the disposition of EEndsldual voter to consider the effect E'aI proposed legislation upon himself X present. to the American people the f. |hayh |as policy outlined in the Chicago !aassn believing that it will result in the Fsess good to the greatest number.
 .iH N. hfmers are opposed to the gold SSluaso DeeAuse they have felt its effects. 's Ss~ slsy sell at wholesale and buy at re- '1 1sI nave lost more than they have .ssn og falling prices and besides this M M nave foand that certain fixed charges " i.s lOt fallen at all. Taxes have not a M pefeeptlbly decreased, although per sssvl, N Increased, although it requires s"sa ". isfp products now than formerly { IN ssulS tae money with which to pay N " uepts haye not fallen. The farmer E l VFea M slVoO is still compeied to pay S"s s z although it may be twice as difficult fAil SCetellt buc OlOl4dE WILL X 'Ia '. to pay the debt. Railroad rates have |ss' N s''l pie reduced to keep pace with falling sM M ls lRssside these items there are many ,sc, aas, aas farmer has thus found com s,s.. asaiAst the gold standard. The MAIL nave been injured by a gold q Ns a ana have expressed themselves l,snnsssse seolset saa with great emphasis. In hnsdIs,,,, ieso, 8 petition asking for the lsji.Si sjiSiass ass Hstoration of the free and un- Iss .s s,soaa solasge of gold and silver at 16 to p psssaea ppssIssa by the representatives of all aas n ssa ali the leading labor organiza- Ala,s siu ~ presented to congress. Wage asts tbs bsaOm O'' '. that while gold standard |ss..dlaaa s.,D makes k it more ditficut to to obtain Q,I.y@aaaoal QIua ol the dollar; they know that 'ai a'imsat n0aa ia less permanent, loss oi aesrtaia probable and unemployment Sd dIIa @aa Standard Is encourages the hoard 'A dscoucoss because money is rising; it ssdastrs ng enterprises and paralyzes A1r