Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1896-06-12

est dollars in their reach and in their
pockets. When silver was struck
down, and these avenues of employ
ment were closed, the waves of idle
men rolled back upon the States,
overlooked the farms and flooded the
factories; it shut off demand and stag
mated production, and thus ruined
both producer and consumer-de-
stroyed production and exchange.
The farmers and laborers have stud
led the science of money sufficient to
Know that to destroy one-haf of it is
to double the purchasing power, but
not the debt-paying power. of the
other half, that this doubles the value
of debts, bonds and mortgages, and of
taxes and salaries, while it.reduces
by half the farmers and laborers abil-
ity to meet them; they know that
where one money is held to be the
base of all other money, the money
based upon the one, no matter what
Its quantity, is as ruinous us the oae
alone, and makes those who own the
one the financial masters of those
who do business on the other kinds
or token money.
3 Will they vote to reduce their
own wages one-half.
We do not know which to admire
most, the andacity of this high treas,
ury pap-sucker, or his sublime esti-
mate of the intelligence of the people,
Since silver was demonetized and the
gold standard adopted, the wages of
labor has been reduced more than
half, and the demand for labor has
been so curtailed as to turn millions
of laborels into the road as tramps,
with no wages at all. In the mean
time, how much has the salaries of
these official coyotes and vultures
been reduced? They have remained
the same in dollars, and they have
mole than doubled in property md
products A salary that would buy a
thousand bushels of wheat then would
How fearful are these political leech-
es that some ones salary will be re-
duced! But farmers have no salaries.
Their incomes are derived from the
sale of products, and the dollar that
buys twice as much, as it bought be-
fore, cuts the farmers income in half.
4. The only consistent free coin
age, except the free coinage of gold,
| is the free use of credit
If the free coinage of gold is con-
sistent, why not the free coinage of
silver? If it is wrong to coin the sill
yer because the mines are owned by
somebody, why is itnot equally wrong
to coin the gold, whose mines are also
owned by somebody? Who is to furn-
ish the credit that is consistent to SO
freely use? Does it not add more to
the wealth of the credit furnishers to
compel the people to use their credit
as a medium of eXchange--to coin
their credit into money-than it does
any mine holder to coin his gold or
silver into money? And every time
this credit is freely used, does not the
user go in debt to the furnisher? But
this credit is not to be legal tender.
Oh, no! The people may borrow it for
usury. but they may not use it in
paying back the debt! 1t is not legal
tender! When you come to borrow,
you get..coined credit; when you come
to pay, you must bring coined gold!
This is the gold standard as advocat-
ed by those high in the nations coun-
ellis and in the old political parties,
who must imagine the masses of the
people as ignorant as themselves. Ii
you are permitted to do business I'M
der the gold standard, you must Dor
row on usury some corporation's
credit [promise to payl, but you your
self must do the paying, and you
must do it in gold, or the equivalent
of gold. Can any man outside of 6
gold owner or credit furnisher toler
ate such system, or fail to see tt
what it must lead?-Progressive
Farmer.