The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-12-11

an. 1t is the shrinking ,,o,.
ins on all over the wosM ~ u
.lhue TO go on TIL all WIZ n ~ q
10 point where thcy ~ \. n III
handled by the volums = soaiNa
h tne world. For some year, ~ ~ s sss7
,he,,, no money in cotton K Y. \. 'a's
therefore, the shrinking prec y =, fi',a
ceedingly serious matter ~ N, aae
~ debt. 1t means bid csris,s - r. !
Can the cotton planter, 4,
amend a. y 'nis condition and Az ,S
LIE. l., Is a plain case that then ~ y
right action they can not mi,
serves. but enrich them,elyss ~ a. =
same time lift a grieyous hnr NM - !
shoulders Of nearly all bumsr Sea
How? The South pruduc.. "
cent OF all the cotton grown Il Az ~
~ Is practicable monopol, - y, w
staple. In the hands Of I -.
pie 1t would be most trsm.ss.aa
Thus, If the South should dsrs Y y
per pound for cotton and rsssss..ls
to take less. the world vcuiS ~ \
tnat price or do without. nv ", 4.
90 without; therefore they vcIs ~ ":
pay the price. Those people q M ~
dies and Egypt who also produ.. ~ M
about "a per cent Of the crop y 4. ~. ~, i
would stand by us in the raovs N, .x !.
10 uphold our hands. because Il ~ !
to their interest to do 90. 10 ;i,s ~ -,
us would be TO cut their owe thns,s !.
thcy wouldn't really do that, But ~
they should fight against Il, NV, ~ ~
would be nothing. Twenty .focr Y, y
coiid not control 16 per cent, MOI t,r p
rect II to a small degree.
would not to do this be coo5 h, \
south? No one can deny that Il m
make Astounding plenty where r;,,s s
poverty now prevails. Who want, X ~
when he can put forth bis hand ma ~
the former? None but a DUN ioc \
deed! wv
If we decline to put forth orr s.a
when we may, and pluck that MIA \
good Tor us and reghtiully d oal a,
manner Of creatures are We,
suppose we should demand ecld in :
cotton and refuse to take anythus 4.
We ship about 100000 bales ,np1aIy :
an average. At $50 per bale thI, vcrN I
S35o.Oo0, 600 of gold annually poured n
the South. This Is about one.!ensA Il 4
the gold coin there is In the word q
could, If we resolved to do 50, freer I
to this gold and not let cent Il Il "
out of the country. At that rate, n i
years we would have every dollar II glii
the world. Where then would Il N
nightmare, tho gold STANDARD, which in
pressing the life out Of producing eisI
all over the world. except In tie ll.
basis countries? 1t would be knocked "a
pletoly out never more to be Leaft !,
the world.
Indeed, the gold standard could pN "
two years Of this process. The tint
aqucal and abandon it would 10 Esq
the inventor OF the gold slaniird
Some say this idea is inpractirasAl
visionary, but it is nothing Of the ki't \
fools it would be impraeticable, tu
wise men wholly practicable and not NJ
| beg some of those who say Il Is lnT1
tioable TIC show 1t If they can.
say this: II people holding ! N
monopoly as we of the South Do, "a. Y
use II to their advantage, they are he u
gest fools out Of doors And II thss u
net so use 1t. having the power, thsf !
bigger fools still, and deserve 10 sfi
poverty.
1t will, of course, require eothluas
to assure success and perhaps Joint pts
of the several Southern states. 10 lsh
It may. we can make a way II We WI
And what is to be thought Of : ulonM
system for the world which can = "
'pletely overturned and. knocked out y l
than two years by a few brave rI
whenever they set their minds % J! y
not the great financiers builded nes Y, y
ishly? N. A. i"@'