The Middleburgh post. [volume] (Middleburgh, Snyder Co., Pa.) 1883-1916, 1896-09-03

q Demand for an Additional Days La
bor-It Would Not Mako Farming More
Profitable.
Theletter Of acceptance pcnned by Major
Mckinley Is full Of tcrse sentences. Mug
gets Of thought arc sometimes overlooked
I'm the perusal OF so long document. We
lift out few Of those nuggets and give
thom separately:
Debasement OF the currency means
destruction Of values
The owner OF the silver bullion would
get the silver dollar. 1t would belong 20
him and nobody else.
II Is n mere prctenso % attribute the
hard times to the fact that all our currency
Is ON u gold basis. Good money never
made times hard.
Ii would derange all existing values II
would restore business confidence, but its
direct eiTcot would he To destroy the little
which yet remains
The government would get nothing from
pense Of coming the silver, and the COM
munity would suffer loss by its use.
II there is any one thing which should
be free from speculation and huctuation
10 Il the money Of "A country. IL ought
never TO be the subject of mere partisan
contention.
When we part with our labor. our pro-
ducts or our property we should receive
in return money which Is rs staple and
unohanging In value as the ingenuity OF
honest mon can make 1t.
Until international agreement Is had 1t
is the plain duty Of the United States to
maintain the gold standard. 1t is the
recognized and sole standard of tho great
commercial nations Of the world
Let us hold fast to that which We know
Is good. II is not more money we want ;
what we want Is to put the money we al
ready have at work. When money Is em-
ployed men arc employed.
II would not make labor easier the
hours Of labor shorter, or the pay better.
II would not make farming less lnborlous
or more profitable. II would not start n
factory or make demand for an addi-
tiopal days labor.
No one suffers so much from cheap
money as the farmers and laborers. They
are the first TO feel It's bad effects, and the
last 10 recover from them. This has boon
the uniform experience Of all countries,
and here az elsewhere
We cannot restore the public confidence
By an act which would rcvolutionize
all values, or an act which entails y do
flc,ency in the public revenues We can.
not Inspire confidence by advocating re-
pudiation or practicing dishonesty.
There would be no obligation resting
uPon the government to maintain parity
and II there were, 1t would be poworloss q
do 1t The simple truth is We would be
driven 20 silver basis--to silver mono
metallsm. These dollars, therefore, would
stand upon their real value
Free silver would not mean that silver
dollars were TO be freely had without cos,
or labor. 1t would mean the free use
Of the mints OF the United States for the
few who are owners OF silver bullion, but
would make silver coin no freor To the
many who are engaged in other enter
prises.
Mexico and China have tried the expert
mont. Mexico has free coinage Of silver
and gold at ratio slightly in excess OF
sixteen and half ounces Of silver TO one
ounce Of gold, and while her mints are
freely open to both metals at that ratio
not single dollar In gold bullion |:
coined and circulated as money.
Z is not an increase In the volume OF
fnorny which is the need OF the time, but
an increase in the volume OF business moi
an increase of coin, but an increase Of con
hdence; nat more coinage, but NOR,
activc use OF the money coined not open
mints for the unlimited coinage Of the
silver Of the world. but open mills for the
full and unrestricted labor OF American
workingman.
Free silver means the dobasement Of our
currency 10 the amount Of the difference
between the commercial and coin value oi
she silver dollar, which Is ever changing
apd the effect would be to reduce property
values, entail untold financial loss, de.
stroy confidence, impair the Obligations OF
existing contracts, further iinpoyerlsh the
laborers and producers OF the country
create panic Of unparalleled severity
and inilict upon trade and commerce O
a deadly blow.
The poor and not the rich arc always thS
greatest sufferers from every attempt tc
debase our money. 1t would fall with
alarming severity upon investments al
ready made, upon insurance companies
and their policy holders; upon saving
banks and their depositors; upon build
ing and loan association members; upoI
the savings Of thrift. and upon the wage
earners and the purchasing power Of theil
wages
Every attempt ~ array GLASS against
class, "the classes against the masses,
section against section, labor against cap
ital, the poor against tho rich," or intor
est against interest In the United States
is in ths highest degree rsprehsnsblo. /