The midland journal. (Rising Sun, Md.) 1885-1947, 1896-09-11
Who Will Be Benefited By the Free
Coinage of Silver?

Were the people, the masses as we'll a
the mere people, middle or employing
class, informed as we'll as they should b,
and as every American citizen should be
on financial questions, there would not b.
a moments hesitation on the part of any
one how he should vote on the remone
tization of silver or free coinage by the
United States. Such vote would be unan
imous. Even the intelligence of the
money 1oaning class would get the better
of their greed. Prosperity amongst the
great industrial hive means prosperity
throughout the entire nation. Like
leaven the whole lump would feel the
impulse. 1t is only lack of information
on the part of our people that enables the
British nioneyed aristocracy, headed by a
family of pawn broker Jews, the Roths-
childs, to deceive and prey upon them,
and detain them even for an hour from
restoring the free coinage act.
No other possible step could be taken
that would rebound with such benefcent
results to the whole people. The free
coinage of silver and the banking interest
under the immediate control of the gov
eminent would, in a few years, advance
the United States far beyond any nation
in the world in agriculture, commerce
and manufacturing industries.
The mere 1nonetization of silver as a
first step in the upward march of pros
perity, would add thousand dollars on
an average to every farm in Cecil county
in one year from the day the bill became
a law. Every farm product would adj
vance twenty-five per cent in month
after silver was remonetized, and the
minis open to free coinage. These are
facts which are susceptible oflogical DEM
onstration; and with this upward move
ment in the farming industry, the idle
factories would Immediately commence
running on full time. Every branch of
trade, especially in the country districts,
would feel the impulse of new life. Old
enterprises and industries now abandoned
by the destroyer of business, the gold
standard, would become the centers of
active industry again. With the advance
in farm products land values would i'm
mediately rise and reach their old level of
twenty five years ago.
The reconciliation of silver would be
better protection to American manu-
features than any tariff law that it is pos
sible to frame. England could no longer
get our breadstuffs, cotton and other raw
materials at less than the cost of produc-
ton, and debarred of this advantage her
cheap goods and cheap labor could no
longer exist as menace to the manufac-
lures and commerce of this country.
The demonstration of silver has caused
the low prices which prevail in this
country. Our low priced raw material is
what has built up the moneyed class of
the British nation in the last twenty-five
years, and pulled down the industrial
class in all lines in this
Any farmer, any 1aboring man who has
to depend on his daily employment for
livelihood, any country merchant who
does not see that he must be greatly ben
Gifted by the reconciliation of silver is
blind to his every interest.
The country merchant is particularly
interested in the question of remonetiza-
ton or free coinage of silver. Unless
there is a change for the better soon, the
trade which he is compelled to do on
credit, must become dead loss to him.
Unless there is an advance in farm pro-
ducts bills now outstanding and others
that are being daily made cannot be paid.
1t is out of the question. The country
merchant may sell as large a quantity of
goods as he ever did-though few if any
are doing so-and at the same per cent of
profit on sales, but his profits in the ag-
gregate will foot up but small sum, the
price of everything is so low and steadily
falling, which causes him to constantly
lose on his stock, as we'll as reduce his
income by the snlallness of the profit re-
sultlng from his percentage OF gain. The
same per cent profit he is now getting
would amount to much larger sum on
goods fifty per cent higher priced than
they are at present, and his credit bills
would be subject to much less per cent
of loss with rising prices and advancing
business, than as now with falling prices
and languishing business.
An intelligent examination of the ques-
ton of free coinage of silver cannot fail to
convince every farmer and every one
whose business depends on the prosperity
of the farm, that his interest lies i'll the
of silver. In fact it is the
only visible avenue of escape from the
conditions now crushing all in common
ruin.
Our purchases from American nation
south Of nc amount to GIAO 600 600 more