Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1896-10-23
THE MILK IN THE coooANur.
Single Gold Standard Gives EuEiand Two
for Ono on Mhnt We Owe ucr.

for onc on What We owe iIcr.
The Profcssor--Therc hus been ter
fible appreciation OF gold and of eur
fency, Ind an oppression of .nli who
do not profit by thut change.
Churles-Ycs. One reason whv many
English writers, while admitting the
evils of the situution. urc opposed to n
change, Is that this very appreciation
is favorable to England. It. is said tliat
England has outstanding foreign in
restmcnts TO the amount of eight or ten
billions of dollars. Let us say that we
hnd to pay her back 100000 coo year,
beginning with 1870, and continuing 20
the present. peb,s ure paid in produce.
Now, we got that money when whcnt
WAS $l.a5 or more, and cotton was Ii
cents or Torc. II takes twice us much
wheat and cotton to settle TINT debt now
ns II did In the decade of 1870 1850, when
much of II WAS borrowed. England rcts
twice MS much stun now for her money
ns IL would have purchased when the
money was borrowed by us. III this
nntion WANTS gold. It takes twice us
much cotton mud whcnt to buy given
amount of IL us WINS necessary some
years bnck. While policy that leads
to such result mny he beneficial TO
England, H. Is disastrous To America.
Stntesmnuship has TO deul with such
matters; and wicr. sound stntesman-
ship scouts the suggestion thnt we
should embrace such policy. no man
Is worthy of hcing called nm American
.stntcsmnn who would recommend II.
craftsmanship consists I'm brond. grrnt
measures, TINT rebound to the glory OF
ones country and promotes It's wealth,
influence aud Importance, and the hap.
piness of its people. fried by this test.
the proposition TO continue the course
we are now or. instead of being for
the advantage Of our country. Ia traitor.
Gus. and destructive of our highest and
hest interests, md the people will sny
So.'
The Mnior--Such. undoubtedly, Is the
great question nt issue now before the
People. And for these reasons. and he
cause the double standard Is the hon
ester principle, aud will tend to arrest
ihe oppression OF the people and to re-
store prosperity md happiness To this
and all other countries, l advocate H.
- 80 wv 'A'NiN's iitt VIII,
In itself, be beneficial. but that IT. will
remedy existing ills rnd prevent still
greater evils, TINT now SIT like night
mare broodirg over us, that nlu 80
urgently in fnvor OF II.
John Would not the new plnn Of
"tound money" do rs we'll?
The Mnlor-1'hc plan OF sound
money" ns II is called, Is only miscr-
nblc malicsh,ft. II does not 20 10 the
root of the matter nt all. IL leaves the
innss of redemption money Just where
II is now--thc handful of gold. There
Is II Path TINT leads 10 prosperity and
ono that leads forum. | choose The for
iner. These 'new lights" urge thnt the
people shalftake the latter. There Is
no hope there. 1t offers no escape from
dccaying agriculture, decnylng bus-
ross. dccnying towns and tlccuying in
dnstrics. No cscnpe from that tlclicntc
financial structure, that liz pcrpctunly
in danger Of fulling and whose vibra-
tions tcrrorl2c trade nnd business.
All the little objections thntnic raised
nrc TO be brushed aside, ns one making
Ills escape from II cancbral:c brushes
aside the gnnts and flies and mosquitoes
that might poster him. lie IL intent on
saving his life and disrcgnrds tIem.---
ST. Louis llcpublic.