The times. [volume] (Richmond, Va.) 1890-1903, 1896-08-20

gold The miners would be the only peo-
pie benefited by the rise: the other class
OF silver enthusiasts who want cheap
money and inflated prices would be out
in the cold. II the silver dollar is equal
10 a gold dollar there Will be no rise 100
prices ard no advantage In paying on
debts in silver. There would be- no more
money in actual circulation than there
is now. Coxey and the yagabOhds who
are following him want silver 10 20 down
tho cheaper it is the better for them'
The silver kings want IL 70 20 up.
in his Pittsburg speech the Populist
candidate for President said that be pro-
posed TO make the debt-payng power OF
sixteen ounces OF silver equal 10 the
debt-paying power OF one ounce OF gold.
fle said nothing about the iucrea@ed pur-
chasing power he Intended giving 10 sii-
yer, because no Government fiat can IN
crease It's purchasing power beyond JUS
market slue. Gold is coined simsiy Tor
public convenience. not 20 increase either
IT'S debt-paying or purchasing power Be-
cause sold aui silver are used rs money
they are none the less cOmmOditcs whose
relative value cannot be fixed hy law,
out must depend Oh the supply and de-
mana.
JUDGE HUGHES LETTER.
have just read the letter Of Judge
hughes ~ the Free Lance. lie laments
tina, the Virginia farmers have no meal
Ic money. ! was ln sfTs ina some mOni.ls
ago. and heard good deal Or complaint
about the scarcity. but not n word anout
tho quality or the money the people
had. All that l SAW was as good as
gold. silver was the currency "hrn
our rude fOrefuthers were eating acofus
IN the German forests Tho Virgin
people long ago passed that primitive
stage when they carried their money
in their saddle bags or buchskin belt
he speaks with feeling OF the good times
b. |rl.F ia
ter = blshei for their wheat. ana attrl-
butes the decline ln price 10 mo drmone-
uzatiOn of silver. 'ine good old times,
SAYS ByrOn-"all times when old are
good o." Tie torgets that tai5 was the
price in an inflated currency. ana was
paid I'm the ragged notes whi~n ne says
tie people don't want. The exchange
able value OF busbel Of wheat for otner
commodities is as much now as 10 was
then. Judge Hughes Is farmer as Wen
as a Judge lie only eIieyes over tho
fall in what he has TO sell. III IL plalh
that he would Ike TO sell by one measure
and buy by another. lie further SAYS
that with free coinage, silver wouid i4se
TO a premium over gold. Ihat woull Ne
a blessing 10 the silver kings, Dut u is
hard 10 sec what advantage il ~oul1 'e
De- 20 the Virginia farmers; we "oule
still be on the gold standard. for no cur
reurv al premium ever CircuIdtfS a.
money. That fact was demonstrated 10y
our experience after tho act or 1888. Wien
Vet been aIse 10 see how laDorer can
no benefited by adulteratlng me money
ir which hts. wages are Ihu' or NoN
people can get ricn by watering lifl 'i,
reucy. Judge Hughes censures Tie Ad-
minie'1ation for not paying our SILVER.
The Treasury Department would be slAd
10 DO so. but the people won nave il.
Judge Hughes has for over twenty ye1lS
been drawing a salary from The Govern
mcut and / venture 10 say that ne mas
ALWAYS drawn DO in greenpacks or Eoid'
lie teaches by precept. not by example.
A PERIODICAL EPIDEMIC.
There Is a widespread alarm ~ tne
country. at the remote prospect OF w
election OF the POpuiist ticket. People
are preparing for the deluge by putllif
their gold iu safety deposit boxes OF or.
| disorder that must result from n cnaise
I'm the measure or value 10y Wnlcn we
have lived and contracts nave uteu N'A,ie
for over sixty years. Wealh caNHv1 rs
created by Blowing bubbles. The silver
| craze is one OF those perodical tplus l.i,s
! that have passed over tho country. lntn
| aiwavs breed demagOgues Men are sun
| living who can remember when peolie
were run mad over the morris mum
! caulis and everybody was BOlNE 10 r''
| rieh or mulberry-leaves. Mulberl
| leaves are IA surer foundation lot 3"
| fortune than nat money
| Associated with this assault ON ilr
| credit and financial honor or me topNtl -
/ g. tha lavicee spirit that anlmateS inc
] Populist party everywhere. Two years
B ago all railroad transpor WI
! .fooned hy "a mob. and Chicago for sew
/ oral DAYS was under reign or terror
! rhe same state OF things existed m
| california. San Francisco was as con-
| ,ieteiv hlockaded as If il had been uhder
! .ha enns of a hostile fleet. il was
doubtful for some time whether Dets or
| Crover Cleveland was President OF The
| United states. Tho President orderel
the army 20 dispense the rioters. and me
| country was saved from q bloody reN"'h
ION. For this courageous action. every
GOOD citizen should applaud him. ne
Chicago convention could speak 20 k,l1
| t-,rd for the President. A. the dictation
NJ Altreld and Debs. Il adopted a reso-
Intion condemning him. The Virginia
people must now decide wheeiner lney
viu stand By Cleveland or follow CoNey
| and Dehs. very respee nr,,E,S6Dv