Owingsville outlook. [volume] (Owingsville, Ky.) 1879-192?, 1896-10-01
Jackson SchooI-house.

George jackson and his wife are
getting better.
YIN. Jackson has about COM
Melted his mile of railroad.
We are very thankful to the
Salt Lick class for such nice sing
ing here Sunday.
Mr.. W. G.. Ramsey, a free-silyer-
lite. made a speech here Saturday
night. and he made one convert Tor
sound money. He read a piece
that he said was printed in your
naper that interest was II per cent
before 1873. Mr.. Ramsey put
81. 900 on the board. He said that
the interest was $I20. Then lie
u nut down $1,000 and the interest
AT & per cent. at the present time,
which is $50 He said that before
. 1874 the farmer could take one
mule to town and sell it for sl2O
I. and nav the interest on his $1,000.
|. He said now it would take a mule
and a colt and 10 bushels of wheat
m nav the $50 interest. Ii MI
= Ramsey and the Bryanltes-ean
make a law for 90 cents to be
dollar they can make law TO
> ston all of the electric street-cars
ID and all of the bicycle riders and
then the farmer can take MS
+ mule to town and sell it for slzo
- and paw his $50 interest and ne
= will have $40 left to pay on the
principal. =.
ns The next thing he said was II
u" the Legislature had passed a Law
10 stop all of the -four mills in th'
lis State that the farmer would nav
r. To feed his wheat to his hogs ant
wheat would not be worth but =
IN cents per bu., and corn would sci
~ for so cents instead OF 20 cents
= Now. we all know that the grea
demand for anything makes tn
nriee higher, and the less deman'
,tt, for il will make the price lowe
J. We Hill take Mr.. Ramsey own a.
X. gument and it goes to SHOW -
the great scrime of 1879 is no
cen cause of the low prices OF the.
ear market.
wo Then he said that Mexico w.
great pros porous country, whel
N thew had free silver. He took OF
ana of our dollars out of his peck
am and a Mexican dollar and said !
'ak' would admit that the Mexican 90
4 liar was only worth 50 cents ner
at but it would buy as much In Me-
ond leo as our dollar would buy here
on will admit that it will buy thr
!. IN. times as much labor as our doll
will. but when the laborer goes
buv the necessaries of life he CT
here not buy but one third as much
lam we can with our dollar. And 81
he claims that free silver will he
.ird, the laborer.
We'd You might have mentioned I'd
cheap money causes high intere
Greenbacks were the only mon
La, in circulation before 1878. w
5O-eent silver dollars will come
cent paper dollars again, ana
been ally 4O-cent or 3O-cent or, may
r, Is I0-c cent paper dollars. Then INT
est will 90 up like it did during
Mt after the Civil war and up to Is
hers when specie payments were resi-
ed. Eight per cent. interest
give way to 10 per cent, IL
hs cent, and even higher inter
very - siIverism carries.
1t is absurd to speak OF MeA
trip as a great and prosperous eounl
citing Dozens of writer's have writ
from there warning their Amerl
= 90 brethren against free-silyer coin
~ IS and stating business and wag
,'S % he what would be absolutely
! 'u" cradle to the American n
The Mexican dollar
no is tender in Mexico, ye'
ed her only q pounds of CO.
y last is largely grown
present the Amer
rell. of being kept up IT
haley reserve to sustain
Guests ard, will in Mexie
Iof coiree.-Editd