The Houma courier. (Houma, La.) 1878-1939, 1896-07-25
WIZ SrGEEr LITERATURE.

c%ilcular letter headed patriotism aud
Gold against Anarchy aud Silver" takes
the cake
Thousands Of these circulars have
heen distributed in every Southern
State and While it is intended as a
means to assist the mOnometallists in
extrictting themselves from the state
ct dependency IN which the agitation
Of tho money question has lett them,
1t viii do great good for tho free silver
cause.
The Whole circular is condensation
Of contradictions. One paragraph
cOntladicts the other while between
the lines any intelligent man eau
readily distinguish the trail of the
serpent whose sting has parnlN ed our
industries aud brought depression and
misery tn millions OF Americans.
The author OF the circular,
"Wrigglesin and wriggles out
And still the people can't make out
Whether the snake thai made the track
Was going North or coming back"
Here Is one of the many absurd de-
claralions that the circular letter con
tainS
''They tell tho wage Garner that
with free silver prices will go up-yes,
they will go up. Flour now selling on
a gold basis at $3.50 per barrel will
go to $40 90 on a silver basis. Coal
viii advance from 1925 per ton to
$l0.50 per ton. Bread from 5 cents a
loaf to 40 cents a loaf, and other arti-
cles the same, but Vages WiU not be
doubled, and our working people
understand this"
Who even heard Of anything more
ridiculous than tho above gold bug
passage. Wages are based on the
price Of prOdHots in America and
all over the world, and If the price
IF our products will lisc there is bound
TO be a corresponding rise in wages.
The most ignorant labnrer that ever
lived is too sensible to swallow the
bait thrown out to him by these
Eastern gold bugs.
After asserting that all products
will double in value, the circular
says. THE cotton raiscrin tho South
will receive a So cent silver dollar for
the cotton which isnOw sold for gold"
This, somehow, does 0 jingle SO
well with the previous assertion.
Instead OF the cotton raiser receiving
a So cent silver dollar he would re
ceive according to the first rule Laid
down two silver dollars or lO6 cents
for cotton that he now gets 100 cents
for.
The COURIEI does not adnIit that
under free coinage the silver doll ar
will be worth only So cents. That is
its intrinsic va lne to- day, measured by
an appreciated gold dollar. In open
ing ouI mints to the free coinage of
silver there would be double the do
mand for silver bullion and as a con-
sequence there would be a lise in the
price Of SILVER bullion to keep up with
this demand. THIS talk of flooding
the country with deprecated coins is
all foolishness. circulated by the gold
advocates. There is not any more
silver in the woild than the world
really needs for monetary purposes,
aud the yearly increase in population
aud consequent demand for more
money will balance any increase in the
production of silver that is apt to
take place within the next century.
The United States can well afford
to accept all of the silver of the gold
standard countries in exchange for it's
p~erishahle products, for the gold coun-
tries would bs in the fix Of tho little
boy who gave his Dicklo for a ginger
cake and alto tie cake. The United
States w9Hld have lots OF silver ana
other gold countries would suffer from
financial indigestion. VIZ wOaldhave
their silver, and they would have
nothing when the perishable products
that We will exchange for their silver
are consumed.
And right here, while touching on
the dow Of silver TO the United Estates
that the moncmctallists assert will
follow tle consummatiOn of the free
coinage Of silver idea, THE COURIER
would like to ask It's gold friends a
question. If foreign countries wOnld
fairly stumble We each other in THEN
eagerness to dump their silver in the
United States, would they notexchnuge
their silver for oar products with the
object in view Of dispOsing Of these
products for gold in other countries :