The sea coast echo. [volume] (Bay Saint Louis, Miss.) 1892-current, 1896-06-13
Letters From the People.
TORIES.

1OhlES.
Don't the gold bugs in the
south and west remind you of the
tories in the colonies during the
American revolution, identi-
ned in interest with the people
among whom they live, but for
selhsh purposes, such as the favor
or an administration hostile to
thelr section, taking sides with
th9 enemies or their country?
l am not in favor of hangine
them for a mere expression Of
opplon without some overt act.
but the gold bugs at the south or
IN che vest Is worthy of lust SO
much respect and frfehdsbin os
were the tories of one hundred
and twenty-five years since.
The present political fight on
the money question is sectional
strlte between the eastern and
middle states on one side, and the
south and west on the other Tho |
eastern and middle states long
grew rich off the manufactured |
goods sold the south and west
but now the factories are coming
south and west and the yankee
sees he must work another smooth
scheme or go to work like an hon /
est man. They now propose to
be the bankers and have The rest
OF the country borrow on the
lenders term; and to keen the
circulating medium such that thew
can corner it, and as for terms
they are not so eager for rate of
interest as for grabbing collateral.
for instance: On improved land
you can borrow 800 assessed val
le at 8%; but in five years with
contracting currency it takes the !
"hole property to pay the 30% :
borrowed. The scheme is verv !
,lmple. And there are some sci.
lsh bankers in all cities who are d,
On the same scheme. With tbe +,
circulating medium controlled bv
'hem, people who use money
must bow their knees and nav i,
rlbute; but when every one who :
has bullion can take it to the mint .
AVE 1t coined and put money :
nto circulation without consnIf, '
ng administration or banker :
hen shylock will have to learn :.
n honest trade. And that ac- /
cunts for the milk in the cocoa !.
tut. wv" Is
The Chicago Chronicle saws
nat la yhsn We have yqn fEee aye G9jeafs
or 69 cents worth of silver. Now +
he Chronicle knows that state Il
nent is not true. Ignorant as it " "
8, the Chronicle knows that it is 7,
ying when its makes that state
nent; and it is bad enough to tell n
ne lie, but to tell him a stupid It
le and to insinuate that the read a
+ is such fool he will swallow t,
t is doubly offensive. The man G
7ho brings bullion will get the
anne metal back with a stamp on
and that stamp is not a promise |
o pay; and then the same paper II Il
axes another view of the eele- p
'hant and calls the bimetalIists G
epudlators. Does any Intelligent =
nan believe that free coinage :
would work more than gradual :
estoration of prosperity by res =
oring the prices of land, wheat .
nd other staples that have been "
depressed by locking up the cir y
ulation and if in 1900 the land
will bring 100000 that would sell
oday for $4,000 and would have 0
old five years ago when the debt =
vas made for $4,000, will that v
'e reputation? :
And in conclusion wish to saw
here are men calling themselves /
liver men who are canvassing for !
dr.. Denny-Denny the man who !
epresented silver district and
otcd against the friends of sill :.
er. Silver men canvassing for !;
Jenny arc just such silver men as !.
udas lscarlot was a christian.
FRANK DABNEY.