San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1896-08-26

about compromising on any other measure of
value; the world will not accept it, WE HAVE
THE EXPERIENCE OF EVERY NATION
THAT HAS TRIED III, AND 1T HAS BEEN
TRIED IN ALMOST EVERY CIVILIZED Ma
| TON, DO NOT LET Us TRY TO DE
CElVE THE AMERICAN PEOPLE; DO NOT
LET US TRY TO MAKE THEM BELIEVE BY
SOME hOCUS FOCUS OF LEGISLATION
THAr WE CAN GIVE THEM SOMETHING
OF REAL VALUE, we can give them meas
ure OF value that is better than the universal
standard OF mankind. Do not deceive them In
that regard Lot them know the facts now.
BELIEVE THAT 1T WOULD BE HIGHLY m
FURIOUS TO THIS COUNTRY TO AGAIN
INITIATE THE CURRENCY. NEED
NOT ENLARGE UPON THE EVILS OF A
| DEPRECATED CURRENCY. THIS COUN-
TRY HAS FELT THEM TOO SEVERELY TO
REQUIRE THAT ! SHOULD MENTION
THEM. 1t matters not what kind Of a depre-
ciated currency you have, it necessarily en-.
tails many evils.-Jan. %, 1874, Congressional
Record, page S6S.
| / say a deprecated currency is attended
with many evils. The middiemen provide
against it. in shipping grain, as was illustrat.
ed, from Illinois to Liverpool, every person
who handles that grain will insure himself
| against these fluctuations. He will charge a
higher commission. II the grain is to remain
in his possession. step by step he will insure
| against fluctuations; and every one between
the producer and the consumer will insure
himself against them. Is it not a fact with a
fuctuating currency that the value Of wheat
in Illinois is the price in Liverpool less the
cost of transportation WHEN YOU HAVE A
DEPRECATED CURRENCY, YOU HAVE
NOT ONLY TO TAKE INTO ACCOUNT
TRANSFORMATION, BUT YOU HAVE TO
TAKE INTO ACCOUNT THE INSURANCE
THAT EVERY MAN WHO HANDLES THE
WHEAT WILL TAKE AGAINST THE
CHANGES IN THE PRICE IN GOLD CON-
SIANILf CUNNING UPON HIM. 1T GIVES
sPECoLAIOhs AND MlDDLEMEN A
CHANCE TO CUT BOTH WAYS AND EAT
UP THE CONSUMER AND THE PRODUCER.
BOT SUPPOSE YOU ADOPT WHAT THE
WORLD ADOPTS AS THE MEASURE OF
VALUE FOR YOUR CURRENCY, THEN
WHAT WILL YOU HAVEP THEN YOU CAN
HAVE ALL THE CURRENCY WHICH YOU
HAVE GOT MONEY TO BUY. YOU WILL
HAVE THE WoRLD,S CURRENGY: YOU
CAN HAVE ALL The MONEY THEN THAT
YOU HAVE GOT THE REPRESENTAT1vE
OF VALUE FOR IF YOU HAVE A NE
CESSlT1 FOX MONEY, THE WORLD WILL
COME TO YOUR AID AT ONCE, BUT IF
YOU HAVE DEfREClAIED CURRENCY
ThAT DRIVES ALL THE REST OUT, THAT
PREVENTS YOUR USING GOLD, THEN
YOU WILL HAVE THESE SAME DIFFICULT
TIES. If YOU ADOPTED THE UNI
NERSAL MEASURE OF vALUE-GOLD-AS
YOUR BASIS, THEN YOUR CIRCULATION
M MUCHD H 9ai TO MAZE n %0Gnp PG
ON THE GOLD IN THIS COUNTRY, ON THE
CIRCULATION OF THE COUNTRY, WHICH
MoG TI MI BIZ In ITSELF BE A0GoKDdNG
THE CotJNTRY,IFeb %, is74 ConSressional
Record. page 1877
Why, sir everything we have got is meas.
pred ny s0la. Your greenDaoks are measured
that the middIcman reans all i the reward rtp
while the producer is robbed continuously.
|+ IN EVERY COUNTRY WHERE GOLD
T Tas 6 6SET uShiS9s whE IKE
PRECIATED CURRENCY, GOLD HAS LEFT
THE COUNTRY. GOLD LEFT FRANCE AT
The TiME SHE UNDERTOOK THIS SAME
WHEN ' SHE l. A1JOWPD TPREn TTSnA al =
PAPER TO BE CIRCULATED, AND SHE
HAD TO GO BACK TO THE REGULAR
StAH G 6D, BEf0 g1ls she SHE GOULD GET IT
SAME WAY, 49, You have 1eSisIoted cold
out of your country. Invite it back, and 40.
OOO,O people will get you all the gold you
want uoa,,, lou VIII nave ave, al .he goId you
rency, and It will come very shortly. Then
We shall have prosperity based upon a certain
tSy.;oo :" 1874 Congressional Record page
'''u
lhese quotations prove tnat senator
o'e"ar' not only enoueht the goid stand
ara tne Dest' out thae ne DeileVeo its
aaop'ioh 10 NC aOsolueely necessary ior
sne prosperity Oh our people, especially
'ne FARMER ana "orklngman.
Inc interests involved were mucn
greater tnan most people suppose ana
Nevada was ueeply concerned. A Few
iacts Will snow TINS petter than any
tning else could 90. FROM 1919 10 1870
tne Bonanza mines shlpped Sloo'oll'
ooo.oI OF bullion, and from That sum
n1Vlnpndg (nr0fifGl