Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1896-08-21

as the SMALL to the strong as to the weak; to
the corporate person created by law as
we'll as to the person of flesh and blood Great
ed by the Almighty. No government worthy
of the name which is not able to protect from
every arm uplifted for his injury the hum
blest citizen who lives beneath the flag. 1t
follows as necessary conclusion that vicious
legislation must be remedied by the people
who suffer from the effects of such legisla-
ton, and not by those who enjoy its benefits,
ANIMPAssABLR GULF.
There can be no sympathy or CO operation
between the advocates of universal gold
standard and the advocates of bimetallism.
Between Observation-Disclosures indepen-
dent or international-and the gold standard
| there is an impossible gulf. Is this quadren-
| NAL agitation in favor of international bimet-
allism conducted in good faith, or
do our opponents really desire to maintain
the gold standard permanently? Are they
[ willing to confess the superiority of double
standard when Joined in by the leading
| nations of the world. or do they still insist
that gold is the only metal suitable for stand
ard money among civilized nations? 1t they
are in fact DESTROYS of securing bimetalllsm we
may expect them to point out the evils OF a
gold standard and defend bimetallism as a
system. If on the other hand, they are bend
ing their energies toward the permanent es-
Establishment of gold STANDARD under cover
of a declaration in favor of international
! bimetallism, am justified in suggesting that
| honest money cannot be expected at the hands
| of those who deal dishonesty with the
1 American people.
DEMoNETIz ALTON OF SILVER.
| Our opponents sometimes admit that 1t was
| a mistake to demonetize silver, but insist
| that we should submit to present conditions
rather than return to the bimetallic system.
/ They err in supposing that we have reached
| the end of the evil results of gold standard.
| We have not reached the end. The injury
is continuing one, and no person can say
| how long the world is to suffer from the at
| tempt to make gold the only standard money.
I'The same influences which are now operating
to destroy silver in the United States Will, II
successful here be turned against other Sill
ver-using countries, and each NEW convert TO
the gold standard will add to the general dis
tress. So long as the scramble for gold con-
/ tinues prices must fall and general fall In
prices is but another definition of hard times
Our opponents, while claiming entire disin
terestedness for themselves, have appealed
to the selfshness of nearly every class OF
society Recognizing the disposition OF the
individual voter to consider the effect OF any
proposed legislation upon himself, we present
to the American people the financial policy
outlined in the Chicago platform, believing
that it will result in the greatest good to the
! greatest number The farmers are opposed
to the gold standard because they have fell
its effects Since they sell at wholesale anc
buy at retail they have lost more than they
have gained by falling prices. and, besides
this, they have found that certain flxec
charges have not fallen at all. Taxes have
| not been perceptibly decreased, although ii
| requires more of farm products now thai
formerly to secure the money with which tt
nav taxes. Debts have not fallen. The
farmer who owed $1,000 is still compelled
to pay 81. 900. although it may be twice a:
difficult as formerly to obtain the dollar
with which to pay the debt. Railroad rates
have not been reduced to keep pace with fall
ing prices, and besides these items there are
many more The farmer has thus found com
plant against the gold standard. The wage
| earners have been injured by gold standard
and have expressed themselves upon the sub
ject with the great emphasis.
\ SENATOR SHERMAN QUOTED.
4 shall ask YOU to consider the language o.
| two gentlemen whose long public service anc
! high standing in the party to which they be
long will protect them from adverse criticism
by our opponents. In 1869 Senator Sherman
said: 1.-The contraction of the currency il
a far more distressing operation than senators
suppose. Our own and other nations have
gone through that operation before. 1t l.
not possible to take that voyage without thu
sorest distress. 10 every person except
capitalist out of debt or a salaried officer Of
annuitant it is period of loss, danger, lassl
tude of trade. fall Of wages, suspension O.
enterprise, bankruptcy and disaster.
! means ruin to all dealers whose debts arr
twice their business capital, though one-thire
less than their actual property. 1t means
| the fall of all agricultural production with
out any great reduction OF taxes. What pru
1 dent man would dare to build house
a railroad, q factory OF barn with this GER
tain fact before him? AS 1 have said before
the salared officer referred to must be tht
man whose salary is fixed TO-
life, and not the man whose salary depend:
upon business conditions" When Mr.. Sher
man describes contraction of the currency a!
disastrous to all the people except the CAPT
talist out of debt and those who stand in {
position similar to his, he is stating trutl
which must be apparent to every person who
wifl give the matter "a careful consideration
Mr.. Sherman was at that time speaking Of
the contraction of the volume OF paper cur
rencv. but the principle which he set fortf
npplie>s il there is contraction OF the volume
| of the standard money of the world.
| Hor,pl.gs OF FINED INVESTMENTS.
| Even Tire hold S of fixed investments
though they gaig an advantage from the ap
| probation OF the dollar, certainly see the
| Injustice of the legislation which gives then
| this advantage over those whose incomes de
mend upon the value of property and products
| IF the holders of !ixeo Investments will no
listen to arguments based upon justice and
equity appeal to them to consider the lntef
ests of posterity. We do not 1--we LOT our
selves alone. Our labor, our self-denlal ant
our anxious care, all these are for those VIM
are to come after US as much as for ourselves
but we cannot protect our children
beyond the period of our lives
Let those who are now reaplni
advantage from vicious financial system
remember that in the years TO come their owl
children and their children's children may
through the operation of this same system
/ be made to pay tribute to the descend ants
/ those who are WrOnged TODAY.
BULLION VALUE OF SILVER.
/ There is an actual necessity for blmet
!! .allism as we'll as theoretical defence OF it
During the last twenty threeye Legislation
has heen creating an additional demand TO