The weekly intelligencer. [volume] (Lexington, Mo.) 1891-1901, 1896-10-10

clent to suppl the ueIlanuS u III
increasing population and commerce
and the losses by abrasion and other
wise. In the 20 years, from 1873 t.
1898, the worlds product of gold wa
81, 36S, 600, 900, and the worlds coin
age of gold was 3 500, 200, 900, being
$685., 200, 200 more gold coined tina
was produced. But one-half was useC
industrIally, which left only 81, 1874,
0O0, 900 for use rs money, and thu
world coined 81, 1856, 900, 900 more thai
was left for use as money.
What does this prove conclusively
The only answer must be that the golo
of the world, existing and being pro,
duced, is wholly insufficient to supply
the two demands for it, and that since
1873, when silver was stricken down
being then about one-half the metallic
money of the world, the most gigantic
and fearful struggle IN the world ha:
been waged by the nations to get and
keep gold, which has gone from nation
to nation, pack and forth, and %re-coined
Another objection is that no nation car
make gold its only coin money. Ii
cannot be used in coins of dollars, half
dollars, quarter-dollars, etc. 1t ha;
been tried and abandoned. For COINS
of dollars and less silver must be used
and is used by every gold standard
nation.
This produces discord among the two
precious metals, and class distinctions
among the people-gold for the rich,
monarchical, aristOcratic classes, and
silver for the masses of the people.
1t IS unstable and 1~uctuating, and the
least change In demand for it causes it
to go from nation to nation, as shown
by its coinage. 1t is timid and COW
ardly, and IN times of danger and war
fees to its hiding places, there to re-
main until peace is restored, when it
comes forth, and in the name of patriot
ism and loyalty, buys the debts con-
tracted at the rate of so cents on the
dollar, and demands payment in gold,
and to be used as the only money OF
final payment. 1t has so increased in
Its purchasing power and so deprecia-
ted the selling prices of all products
and properties of all kinds in the world,
that it pays better TO hoard it, and,
consequently, it has practically dIsap-
peared from circulation and use as
money, and can only be secured by
offering a premium for it over its coin
value. These are the principal objec-
tons to this business, paralyzipg, prop
erty-depreciating and bankrupting re-
publican policy. They are facts and
figures, and cannot be cOntroverted.
They are not fears, breads or predic-
tons. They clearly prove that this ex-
isting gold standard has been and must
continue 10 be a miserable, costly, dis
astrous failure.
THE BRITISH MOTIVE.
Why does England, the great money
power of the world and the money len
der for the world, the creditor nation,
want to force the gold standard on this
countryP Is it to better the condition
of the common people, the great
massesP Is it American patrIotismP
Is it phIlanthropy-their dIsInterested
love of mankindP
The answer is perfectly plain. They
know they today have the gold of the
world cornered-absolute control over
it which is proved beyond n doubt by
their recent action. In order to pre-
vent the spread of bimetallism, which
they feared would be increased by
another sale of United States bonds,
they took their horded gold TO the
treasury and exchanged millions OF
dollars for greenbacks and treasury
notes and laid them in their money
vaults, and there hold them, ready to
present them, demand gold and exhaust
the treasury reserve.
They doubtless think the great
masses of the people are too ignorant
TO hear of or understand this slight of
hand performance, putting gold in the
treasury with one hand and taking out
aud holding government notes in he
other, ready to draw back the gold at
their pleasure.
they know that if they a deceive
and mislead our voters INTO preserving
this existing gold standard they a
force other sIlver-using debtor nations
to follow our example, and thus in
crease the demand for gold In the
world and ~depreciate the selling price
of all products and properties and
labor, and largely increase the pur-
chasing power of every dollar of gold
and of all the many billions of dollars
of Indebtedness of nations, corpora
tions, municipalities and individuals,
which they hold or control. They are
not angels. They are mere selfish,
ayarioiogs men, who want TO increase
their own gains and wealth. They
know the power of the money lender
and they are bringing it 10 bear by
pressure on all the banks and bankers,
all the railroads and corporate monop-
olIes, to make them JOIN hand in hand
with Mark Hanna's five hundred
millionaire committee to aid the repub-
lican party IN preserving the existing
gold standard.
Now, my republican and populist
friends, think, reflect, watch the move
ments on the political c~hessboard, and
then by your votes say whether this
international gold syndicate-the ban
kers, brokers and money lenders
shall dictate our financial system in
their own interest and for their own
benefit and profit.
THE REMEDY.
/ shall not dwell at length on our
present conditions tinancially-the de-
preston in the prices of our products
and properties, real and personal, the
idle laborers throughout the country
seeking honest work and finding none,
and wanting food and clothing; the
disappearance of gold IS circulating
money among the people, and its con
stantly increasing purchasing power.
To our great loss and sorrow we all
know these things. What do we pro-
pose rs a Measure of relief? The an
swer is ia the words OF the Chicago
national democratic platform of 1896
awe demand the free and unlimited
coinage of both gold and silver ut the
preaent legal ratio OF 1G to /, without
waiting for tho aid or consent of any
other nation. We demand that the
standard silver dollars shall be full
legal tender, equally with gold, for all
debts, public and private, and We favor
such legislation as will prevent for the
future the decentralization of any kind
OF legal tender money 10y private con-
tract. We are opposed TO the policy
and practice of surrenderigg to the
holders of the obligations of the United
States The option reserved by law to
the government of redeeming such OBJ
legations in either silver or gold coin.
We are opposed to the issuing of inter
net baarinp bonds of the United STATES