The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1896-08-27
ConE now,
lei o. leok At This Natter, Calmly,
Candidly and Sincerely, Laylns
Aside All Bitterness and
All Testing.

r.
All Testing.
In political campaigns as In harvest
ssjokes are free." But there 10 very
serious aspect to the issues this fall.
To people 90 numerous. 90 cultured
and refined, people with such gigantic
and far reaching interests, agricultural,
industrial and commercial, the stability
Of our currency, the basis upon which
our honor and prosperity are Ito be
builded, il OF vital importance. <
This We take to be primary PROPOSE.
tion upon which we can all agree.
And there is another, upon which we
scarcely expect any dissent. 1t is that
our present monetary system affords q
parity Of values among all our different
forms Of currency. It also affords abso.
lutte confidence in them, 80 long as pres
ent conditions prevail.
We have monetary system not sur.
passed in these respects by any other in
all the wide world. To this we allagree.
Yet, there is depression and business
distress on every hand. This statement
none will deny.
This commercial stagnation was proph.
esied four years ago by the Republican
party az sure to follow the complete or
partial success of free trade tendencies.
They then pictured the idle mills, the
smokeless stacks, the unsold crops, the
valueless hocks and all the unhappy
conditions with a vividness that has
proved startlingly true.
This also is statement Of fact which
cannot be disputed.
But, the Democracy comes forward
now with a declaration that these sad
conditions are not due to changes in
tariff favoring foreign manufacturers and
foreign producers rather than those OF
our own country.
They tell us that what we need now,
is to take all the silver Of the world and
coin it, and stamp those coins as dollars
and give them back, free of charge, to
those who owned the silver.
It matters not that the intrinsic or
market value of the bullion weight of
silver dollar is only 80 cents. (In fact,
it is now only 81, and still going DOWN.
They pretend to show by ingenious
sophistry that the conditions of distress
among the common people which invar.
iably attend the free coinage of silver in
other countries would not follow here.
In their statements, however, they
are contradictory,
They assume on the one hand that
the stamp of the government will make
silver equal in value to gold.
1t lie now true that the faith of the
people in the power and policy of the
government to redeem all it's money in
gold, keeps up the parity ofvalues. But,
with an unlimited coinage of silver, the
government cannot, and Secretary Car.
Isle says it will not, continue the policy
Of redeeming silver with gold. Then
silver must stand on its own merits, and
why should its eccentricities be different
in this country from what they are in
all other free silver countries?
But, on the other hand, the Democracy
will admit that silver will be standard
unto itself, and not redeemable in gold
And they whisper into the ear of the
debtor, that, because of this condition,
he will be able to get cheaper dollars
with which to pay his obligations. They
don't tell how he is to get those dollars.
They don't remind him that the govern.
ment would not own single one OF
them. They don't tell him that every
single one of those dollars will 90 to the
silver owners. They don't attempt to
explain how the Highland county farmer
is to get his hands into the vaults of
those millionaires. There's no occasion
for those bonanza kings to send a dollar
Z mere. And, if we've got to crack safes
TO get that cheap money, bless your souls,
there are lots of safes nearer home, and
3 lots Of idle money in them. too, these
free trade times.
But, let us suppose the unsupposable.
Let Us try to believe that, under the
regime Of free and unlimited silver coin.
age, the silver barons should get together
and say,
s'These fool people have made US a
free gift Of countless millions. Let US
take this added wealth and hire an army
Of lawyers to 60 searching the records OF
all the counties in the Nation, and lets
pay off all the mortgages "
Long before they could accomplish
such thing, those mortgages would be
foreclosed, and the debtor unable to
meet his obligations would be turned
out on the distrustful world bankrupt
and . pauper--
AZ sure - the wires bear the news Of
Bryan's election in November, 80 soon
win they be burdened with the universal
81 os a~aI;tnva ouaiuak dohkorn