New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1896-08-12

canble for gold ensned ID which ever,
expedient to obtain and q keep il VA.
resorted e. While the burden has fal,
len the most heavily On the farmer,othel
lclasses have suffered q well. All val.
ues have shrunk nearly one third, except
debt and taxes.
Stocks Of merchandise have shrunl
without being sold. Is stock carried
oversa season has suffered more from i
fall in prices than from moths Or shelf.
wear
at the present time values have shrnn.
ken about one hall, and were hell dup fol
the three years following 1890 ~ The
i Sherman law. In reply to the claim
that the common people do not know
anything about finance, Mr.. Lind said s:
1T is no argument tosay that the PEG.
pie do not understand this question.
j ~ z Sex.
They do. Many Of cur constituents have
more time to read and study than we
have, and they can think and reason just
as well. The judgment of the popular
mind, like woman's intuition, is usu-
/ ally right, whether it is the result of the
most approved method Of analy tical in
quiry or not
Speaking of the silver coinage under
the Bland act:
st was predicted that the silver dollar,
of which we have now coined over three
hundred and fifty million, would drive
out gold. Has it done so?''
The prediction Of a goldite never
came true.
1T is not unreasonable to suppose that
If the Bland act had not been passed
wheat would have been down to 40 cts.
per bushel in Minnesota to-day
How prophetic these words! The
Sherman law took the place Of the
Bland act. The Sherman law has been
repealed for nearly three years and how
much more than 40 cents is wheat worth
ssThe farmers of Minnesota and of the
Northwest have suffered an additional
injury by reason Of the advantage which
it has afforded the wheat growers of In
dia to export their product to Europe.
Gas to the free coinage proposition, I
am free to say that personally believe
it not only best, but the quickest way of
settling the whole question. We pro-
duce half of the worlds silver. We are
the richest and greatest nation on earth.
France, by keeping her minis open to
both metals at a fixed ratio, maintained
their parity updisturbed for over CEN
fury. We could do the same. The talk
about our minis being flooded by the sill
yer of Europe is absurd"
Men are called anarchists by. the gold
press who believe that way now, but
Mr.. Lind was right in line in 1890 with
the republican platform and no one ac-
cused him Of uttering anything but good
republican doctrine when he expressed
these free silver views. Has Mr.. Lind
and others5olting republicans this year
left the party, or has the party been
stolen away from them by the money
power? If free silver was good repub-
lican doctrine in 1883 and 1890, why is
it not in 1896? ....
In 1890 free silver republicanism
meant honest John Lind, but in 1896 the
shallow monied aristocracy would have
it mean Anarchist.
Mr.. Lind was the idol of his party in
this state, anil after serving his third
term in congress, refused absolutely to
run for Office again, and this district has
been misrepresented in congress since by
Prof. McCleary, the first public man to
openly declare for geld alone. And he
I is quite anxious to have the opulent az
istocrats of Southwestern Minnesota re-
turn HIM to Washington to help the OPP
pressed farmers of Wall Street during
another two years in their harvest OF
gold! ..
s.That this bill will raise the price ot
silver to par, at the old ratio, is to my
mind a matter Of certainty. predict
that it will take place within two years
after its passage.
And it is fact that the very pros.
poets Of free coinage becoming a law in
1890 raised the price Of silver to over
81. 30 an ounce .29 would have put
it on par with gold. But John Sher.
man and his gang killed free coinage in
the senate and substituted the Sherman
law. "a miserable make-shift, but still