Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1896-09-22


make any such staten nt But
what does that matter? Dr.. Carl
son knows what he is talking.
about. s. y.
The speaker next went on to
explain how it was possible that
asingle yard stick deposited at
Washington could serve as a.
standard of all the other yard
sticks, and how a single bushel
measure could determine the con-
tents Of all other bushel measures
in the land, In the same way,
said the speaker, a single gold
dollar can determine the value Of
every other dollar in the country.
Now, sucha statement would
perhaps have been received as
gospel truth in 1892 and 1894 if
it had come from the lips! of DR..
Carlson, but the people have
thought it over a little too much
to receive it as such in 1896.
Every child knows that we do
not give yardsticks in exchange
when we buy a piece of flannel,
neither do we exchange bushel
measures for barley, oats aud
potatoes. Every child also
knows, and knows it at an early
age, that if it wants to buy apples
for a dime, it must give the dime
in exchange for the apples. TO
measure the contents of a bin of
potatoes and to measure the
value Of the potatoes contained
in the bin are two entirely differ
ent processes which do not bear
comparison. But DR.. Carlson
says that since one standard yard
stick determines the length of
every other yard stick it follows
that one standard gold dollar de.
posted in the treasury at Wash.
ington can determine the value of
every other dollar in the land.
If DR.. Carlson really believes this
he is certainly one of the most
radical fat money men the world
has ever seen. Ifone single gold
dollar is sufficient to form a re-
liable standard of value what
sense is there then in bonding
the country to keep up the one
hundred million dollars gold re-
serve for the purpose of redeem
ing the legal tender notes? If
one single gold dollar will do the
work, why use metals at all in
our currency? Paper money
will do just as we'll if that one
gold dollar in the treasury can
determine the value Of each pa
per dollar. Surprising that
thousands and millions of paper
dollars should be issued, would
each dollar in paper be equal in
| value to the standard dollar?
And how would the paper dol
lars under such a system read?
Would they be, as they are now,
promises to pay? If so, in what
should they be paid? It is plain
that that single gold dollar could
not pay them all.
Another favorable assertion of
DR.. Carlson was that the silver
mine owners under free coinage
of silver would reap an immense
profit. To use his own express
sion, the mine owners would put
10 one-half and take back the
whole. If the silver dollar will
be worth only SO cents under
free. coinage, as the goldites
would have us believe, how can
the mine owner make d profit of
SO cents on each dollar, when the
cost of producing the silver in
the dollar is about SO cents? If
the silver dollar is worth only
fifty cents to you and to me, how
can it be worth a hundred cents
to the mine owner? But if it is
worth 100 cents to you and to me
and everybody else, why IS it
wrong for the owner Of a. silver
mine to make q profit on the sill
yer, while it is eonsid cred per-
fectly proper for the owner Of a
gold mine to make a profit on his
gold? For we all know it does.
not costa dollar to prod uce 25.85
grains Of gold ...s.. :.
Before he brought his. lecture
to q close he made an attempt to.
snpunst d remedy, - and tho rome