The record-union. [volume] (Sacramento, Calif.) 1891-1903, 1896-08-19


true, shows the extent of the miscon-
ception among some people about the
meaning of 16 to 1. The Farmland
Mortgage and Debenture Company of
that city loaned $1,000 to farmer in
Madison, Neb., and one of the condi-
tions was that he should insure his
buildings and turn the policy over to
the company. He failed to do this, in
consequence of which several remind
ers were sent to him, and finally he re-
piled, using in part the following Ian
guage: Il wish you would not bother
me any more about this matter. I ex-
pect to pay this loan in free silver and
expect to buy silver enough to pay it for
$125 in gold. That would be 10 to l.
I am sure the security is good for that
at its present price, and expect that it
will then be worth many times as much
| as it is now The mortgage company
declined to take this view of it, and de-
manded immediate payment of the loan
| for non-fulfillment of the agreement
| regarding the insurance.
ULTIMATE REDEMPTION.
Dayton (Nev) Times: The gold advo-
Gates are still bowling about the vast
| amount of silver that will be shipped
here from foreign countries in case we
have free coinage of silver, and they
say that it will drive all our gold out of
| the country. When we have free coin
age, gentlemen, silver as we'll as gold
will be a money of ultimate redemption,
and there will be no such thing as a for
| eign country sending silver here to be
| coined and drawing gold for it.
NOT WISE.
Colusa Herald: The man who having
cut off one arm by voting for free trade
now seeks to remedy the trouble by
voting for free silver and cutting off
the other may be great on experiment,
but he does not display much wisdom.
FALLS TO THE GROUND"
Los Angeles Times: The law exclud-
| ing the standard" silver dollar from
| our list of coins remained in force only
from February II, 1873, to February
2S, 1878, at which latter date the Bland
! Act restored the dollar, with unlimited
| legal-tender qualities, to our list of
| coins, and provided for the coinage of
not less than two million nor more than
four million dollars per month; where
as, the total coinage of silver dollars
during the preceding eighty years, I'M
der free and unlimited coinage, was but
little more than $S000,00O, or about
Sl0OOO0 per year on an average. More
| over, in the five years during which the
coinage of standard silver dollars was
suspended, from 1873 to 1873, trade dol
lars, containing APO grains of silver,
were coined to the amount of about
So, O0O,O 900, or four times as much as
OF
eighty years prior to 1873. In the light
of these facts, Mr.. Bryan's second
hand claim that the Act of 1S73-other-
wise called ''the crime of 1S73''-
diminished the demand for silver and
thus decreased its value, at the same
time enhancing the value of gold, falls
| to the ground.
A CHANGE.
| Oroville Register: E. B. Pond is be-
| ing abused by the Democracy. Seems to
us if we have not gone to sleep that a
few years ago E. B. Pond was wor-
SHIPPED as god by the Democrats and
was run for Governor. But now ALAS
and alack" he favors gold and so is a
| Scoundrel.
A SUGGESTION
Santa Ana Blade: The Blade" de-
sires to humbly suggest an inscription
for the proposed free coinage" silver
dollar: I'm God we trust-to make this
53 cents worth of silver worth ST.
LOSS OF TRADE
Bakersfield Echo: The Democrats said
| that by reducing the tariff they would
| build up a larger trade for our goods
abroad. The facts are that during the
twenty-five months of the Wilson tariff
we have sent out Of the country over
$500, 600, 900 worth of products less than
during the same number of months of
the Mckinley tariff. That means just
that much net loss to the producers of
this country That is a good deal of
money for our people to lose in their
| foreign trade.
NOT FOOLS.
Biggs Notes: Old methods of political
| campaigning will not work this time.
Stale anecdotes and ribald songs, vac
cuous oratory, kissing the farmers baby
and complimenting his wife on the spe-
cifc gravity Of her biscuits must give
way to sound argument and solid facts.
The people of the rural districts may
be hayseeds, but they are not fools
They read and they understand what
| they read, and many a grizzled old
farmer can tell some of the stump or
ators more about any pending great
public question than the spouter had
| ever learned.
HALF A TRUTH.
Santa Rosa Democrat: Irving M. Scott
said that Secretary Carlisle might have
paid out silver instead of gold, but for
got to mention that the rule to pay
gold only was carried out in Harrison's
and all preceding Republican admins
trations You can't fool the people al
the time. They propose to put theii
own men at the helm this year and ora
tors of Mr.. SCOTS way of thinking vii
not change them. He is doubtless ar
enterprising, and perhaps an able man
but he advocates class legislation, and
Bryan Is for the masses. The people
trust him and believe in him and are
going to elect him President, and have
his powerful influence on their side.
|