The midland journal. (Rising Sun, Md.) 1885-1947, 1896-09-11

gold standard is InOSl III uIlouSly Affecting
the prosperity of all mankind except the
creditor classes. The money metals of
the world measure the property of the
| world Hume (the English historian)
said: The prices of everything depend on
the proportion between commodities and
money! Locke said For the value of
money in general is the quantity of the
money in the world in proportion to all
trade Therefore withdrawal of one
| half of the metals causes an appreciation
the prices of property. All writers con-
cur in this conclusion. 1t is folly to say
that paper used as money hinders this
result All paper money is unsound
which is not based upon and redeemable
at sight in either gold or silver, and the
same is true of all commercial paper,
notes, bills of exchange, checks and
drafts which circulate as money.
"The measure of the value of all the
property of the world measures the whole
gold and silver of the world. Shorten the
measure by one-half and you lower the
values one-half Prices of property go
ruinously down but debts continue the
same and must be paid, principal and
interest, i'll dearer and scarcer money.
Unless all the nations agree to
demonetize silver agriculture and manu-
features and other important industries
will increase and prosper in the countries
which continue to use silver at the ex-
pense Of those which accept the single
gold standard. 1t is not necessary to
demonstrate this by process of reason
ing, it can be proved as matter of fact
by existing conditions i'll Japan and
China as compared with England. =
Gold monometallists are only the money
| lenders and persons of fixed incomes and
those whom they control. Against them
are not merely the debtor class but most
of the owners of property, the producers
of agricultural and manufactured COM
modities, the enterprising business men of
all kinds and the thoughtful students of
political economy. We bimetallists out
number the gold monometalists of the
world 100 to I, and need not fear that we
shall eventually succeed"
1 have quoted at this length from the
Senator because he says some things 1
could not say, and if could they would
have no weight from me, but Senator
Chandler last October when he wrote this,
was and likely is yet, Republican of
Republicans. Well, his prophecy has
not been quite fulfilled. The Democratic
party in its national convention threw off
Cleveland, Brice and Whitney et al.
They are actively or passively supporting
the Republican nominee. The Demo-
cratic party has nominated free silver
I6 to 7 candidate and put him on a Is to 1
platform without the shadow of strad-
die. The Republican party has been
turned away from its pledges to bimetal-
lism and into the tool of the creditor
class, the trainers of trusts, the maker of
monopolies, of the nlanipulators of huge
money combinations and made the enemy
of the plain pleople. This is the fact with
which we have to do. This resolution in
the Democratic party is the most wonder
full occurrence in its long history. admit
that until the thing was actually done
held the view of Senator Chandler, that
patronage and money would lule the
ISOdNChllOAs hAOW tlC SlCdl LldSo vi
the laity were silver men and that they
could control if they would, but they had
been defeated so often and become so
used to firing and falling back, Cleveland
had apparently so completely subjugated
them, as shown i'll the repeal of the "pur-
chasing clause of the Sherman law, that
| T faara6 tlax, ,uera ~ ha dr;ya,, nc cIaao
to the shambles There are good many
lambs among them but 1 am glad to
known that the spirit of "Old Hickory"
possesses their young leader for this bat
tie. Now, Webster, the only thing actively
in this fight is this money question. If
Senator Stanley Mathews was right in
| 1873, and the vote shows he was, then we
must be right in supporting William J.
Bryan to day. The time which has
passed since 1873 is good while in the
life of a man but is only day in the life
of the nation. Our cause is just and
right.
There is great lot of trash in circu1a-
ton about 5o-cent dollars. The woods
and halls are to resound with the cries of
the retainers of the money kings. If yell
ing will break the silver ranks they will
be broken. If abuse can deter them they
will be kept back. If lies will turn them
they will be turned. Our hope is in the
common people, the small listed farmers,
the greasy mechanic, the men who work
as day laborers. These, in spite of all the
chicanery of those they have looked to
and trusted as leaders, know with an iu-
stinct that is superior to reason that their
interests are not served by the great bood-
ling class of which Mark Hanna and
Grover Cleveland are types. 1 wish I
could persuade every one of them to drop
all former differences and this year unite
in this most righteous cause of free coin
age of silver at Is to I.
have never voted ticket in my life
but the Republican ticket 1 am as old
as either Cleveland or Hanna. 1 have
sometimes voted for Democrat on per-
sonal grounds, but this year, if I live, l
will vote for William J. Bryan on principle,
beg pardon for so long letter, but it
is wet day in Missouri; nights and wet
days my heart travels back to the hills of
Cecil. hope you will keep the faith and