The midland journal. (Rising Sun, Md.) 1885-1947, 1896-06-26
RECOMMENDATION of Silver VS.. Wage
Slavery.


Slavery.
On the subject of the United States re-
monetizing silver the London Financial
Meas, a paper that stands high in English
financial circles, said, on April 80, 1894:
"There can be no doubt about it that if
the United States were to adopt silver
basis tomorrow British trade would be
ruined before the.year was out. Every
American industry would be protected,
not only at home but in every other mar
ket. Of course the States would suffer to
a certain extent through having to pay
their obligations abroad in gold, but the
loss on exchange under this head would
be a mere drop in the bucket compared
to the profits to be reaped from the mar
kets of South America and Asia, to say
nothing of Europe. The marvel IS that
the United States has not long ago seized
the opportunity, and but for the belief
that the way of England is necessarily the
way to commercial success and prosperity
undoubtedly it would have been done long
ago."
This is the view a distinguished English
financial paper takes of our position, seen
from clear poiut of view, unbiased by
false and sophistic reasoning. The Eng
lish writer wonders we have not seen this
great advantage and attributes the failure
of the American people to see it to the fact
that they think they must follow the
British financial plan to reach commercial
success. This, however, is not the reason.
The men who have had political control
in the United States for thirty years have
beeii more British than American, and
have succeeded in keeping the present
deplorable state of affairs as they are by
bribery and the use of money. The dis
tress this country has been kept i'll by
copying the British system has been to
the advantage of the few who hold obliga-
tons against the people of the United
States, because it serves to lower the
price of all property, thereby requiring
about twice the amount of property to
pay the interest OH those obligations as
long as they can succeed in keeping the
United States on the British gold standard.
This financial system was commenced
as soon as the rebellion was ended and
after the murder of Lincoln, by Secretary
of the Treasury Hugh Mccullough con-
tracing the currency, that is calling i'll
twelve hundred millions of the currency
which the people transacted their business
with, and issuing bonds drawing six per
cent interest in place of the money he
destroyed This system has been con-
tinued steadily and the next great blow to
prosperity of the producing class of this
country was clandestinely effected by
John Sherman, who, every eliminating
circumstance confirms, was bribed by the
Rothschild Jew gang of England to
secure the demonstration of silver in 1873.
With the destruction of the peoples
money and the creation of great nation
al debt began the fall in prices, and in
crease of failures in business. Every year
showed an increase over the last in the
number of bankrupts recorded by the
commercial papers, sure barometer of
increasing hard times, the stealing of
wealth from the possession of the many
to the hands of the few.
After 1873 when the crime of John
Sherman, the Judas who betrayed the
American people to the house of Roths
childs, was perpetrated, hard times and
falling prices with their pestilential fol-
lowers, crime, pauperism, insanity, sui
eide, idleness and tramps rapidly increas-
ed, till the present day presents such an
appalling sight as the Western continent
never before experienced. The cry of
pinching want comes up from every part
of the land. The increase in population
and the natural increase in the volume of
business, which is cramped and stunted
by the decreasing quantity of money re-
quired to transact the business which
starts into life only to languish and die.
The two old parties have followed the
dctation of the English banking, gold
monopolists for thirty years and they de-
clare their purpose to continue it, if the
people have so far lost their manhood as
to keep them i'll power and trust the gov
eminent in their hands. They are brought
face to face with the question, Has thirty
years of a financial policy which has
bankrupted hundreds of thousands of the
best people in the country, so enslaved
them that they have not manhood left to
throw it off? 1t requires no knowledge of
the "money question" to satisfy every
reasoning person that gold, English
system which is grinding the life out of
the masses should not be continued. 1t
has heaped debts upon the country, pri-
vate and public, which are estimaed at
thirty to forty billion dollars, the interest
on which is absorbing the earnings of the
people and running them more and more
i'll debt. The gold standard has driven
the price of everything labor creates down
so low that all is required to pay this
steadily increasing interest. Farms are
now not worth half the price they sold
for twenty years ago, and they must soon
pass out of the hands of present owners if