The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1896-09-18
IMPORTANCE OF MONEY.

Money is the blood of the life giving fluid OF
civilization the vital organism of social existence.
You do without wheat beef any other single
commodity cassed among the necessities of life and
be healthy and happy but you cannot imagine your
self part of civilization and do without money. With
money society would back to barbarism. II is one
of the most important factors have in civilization
and may well be termed the blood of civilization 1t is
an indispensable necessity TO civilization
one of the rules that should be applied to any
sty is that there should be normal quantity of it, There
q n necessity for so much bread There is also
sty for n normal supply Of money. If there We're laws
other than barter. encouraging the noardng
of wheat that operated store it away in elevators
Will people suffered for the want of it, you would be In
favor OF repeating those laws. If there not enough
of it raised feed the people. you would be in favor
of raising of it, If have laws that encourage
the money the greatest OF necessities and d.
vartnp IL from the channels of trade 10y which the peo
pie and nation made to suffer for IT, ana 70 pay
b,ackmoi i'm order to get IT, should demand the
peal of those laws. ,Appause) And. II there Is not
enough money 70 the normal requirement you
should see that more money is made. You should not
leave it to selfish class to what those laws should
be.
MONEY Is MADE BY LAW.
A cattle man in Kansas who 10000 head of cattle
knows that IL one-half the cattle in the nation were
wiped out of his 10000 head of cattle would he
worth far to him after that calamity happened
than they are worth now. The money dealers know
this principle and they apply it to their business
Cattle are raised by and the supply is regulated
by the demand All free to raise cattle who wish TO-
bu money is an artificial substance and is made by la"
The money dealer knows this and he goes where the
money made and gets those lay made TO suit ms pus
ness 1t would he great temptation to the cattle man
If he had the power destroy half the cattle IN the
world The temptation has been too great Tor the mo!
dealers to resist CApplause)
WHAT 10 TO 1 MEANS.
A gold standard business man. proprietor OF large
mandatory recently asked me what IL to meant
concluded that l would find out what he thought 1t
meant asked him. lie replied: my understanding
that you people want sixteen silver dollars coined TO
every gold dollar u.aughter) This was an average
business man. AS rule. they have been studying their
occupations and but little about the laws that pro
vide is with money.
is this: Ii means the free coinage OF po'
metals with the pure gold in the gold dollar weighing
teenth much the pure silver in the silver
dollar What our forefathers meant when they said II
to was IL took sixteen gold dollars 10 weigh as
much rs one silver dollar 1898 is the ratio. but
we say 10 to for convenience. At this relative weight
the two metals to be coined into money IL comes to
the mint and Is handed back to the person bringing the
metal 1t does contemplate equal proportion dol
lar for dollar OF the metals in circulation as money
There may little OF and much OF the other or vice
versa or none Of one and all Of the other. The ratio
of 10 to simply has reference to the relative weight
of the dollars coined from the two metals
BIMETAILIsM DEFINED.
Bimetasm is the right to use either OF two metals Tor
monev-gold and silver The essential principle In bime
.,sm s the right 10 either metal for money Under
such law II our trade relations or the laws OF other
take our gold away then we have silver and no
erous injury occurs. And the same saving principle
n,,os 70 orr silver should leave and gold remained
~, vital principle bmetallism Is the right to use
,,hor metal If production grows less OF one, we have
~, ,,hor and the two together furnish more stable
,v ~ money than either alone can furnish With
III, o,e ~ them for money, the contraction and ex
an,op Of The worlds supply alternating as they VIII
arss an uncertain and unstable supply. or the two
,s dollar for dollar, sixteen parts OF silver to one
!, ,o silver Is the most useful OF the two. Is applied
!, ,a most uses aud the most servceabe TO mankind
of the metals -,
r,r5er free coinage OF both metals. silver and gold
40 IN competton with each other to supply the de-
ana for money. So long as pork and mutton are In
connection with beef for meat beeI cannot rise u
,uv In value and threaten the health of the nation And
go,d could not as il Is doing now, rise In value ana
ten the credit Of this great nation II silver were
In competition with 1t as money. ApplauseJ
The idea of relying two metals for money, rather
than on one ana thus having relieve the strain upon
the other is taught by the simple law Of nature We