Pine Bluff daily graphic., 1896-05-03
GOOD MONEY ESSENTIAL.
For the Proper Discharge of All Govern
 ment Liabilities.

For the Proper Discharge of All Govern
 ment Liabilities.
 Labor cannot be hoarded; the idle day is gone forever; lost wages are never reim bursed; and therefore steady employment and good pay in good money are essential to the comfort and happiness of the American laborer and his wife and children, and he will be un- faithful to himself and to them if he does not insist upon the adoption and maintenance of such policy as will most certainly preserve the value and stability of all our currency and pro- mote the regular and profitable con duct of all our industrial enterprises. He cannot prosper when the country is in distress, when it's industries are pros trated, its commerce paralyzed, it's credit broken down, CT it's social order disturbed; nor can he prosper when the fluctuations of the currency are such that he cannot certainly know the value of the dollar in which his wages are paid, CT estimate in advance the cost of the necessaries of life.
 "Whether we shall or shall not have a long period of financial, commercial and industrial disturbance in this eoune try, and whet her labor shall be de- prfved of permanent employment or be partially employed and inadequately paid, are questions directly end neces- saIily involved in the demand EoH se- riousIy made by many Of our fellow citizens that the United States, without the cooperation of any other govern. ment in the Wofld, and in opposition to the established roliey of egcrS other great civilized and commercial nation, shall authorize tine free and unlimited coinage of full legal tender silver at the ratio of sixteen 10 one, notwith- standing the true market ratio between the two metals is about thirty-one to enc; or, in other words, that the United States alone shall decide by law that 16 ounces of silver are equal in value to l ounce of gold, when it is an indis- pHtable fact everywhere recognized that in all the markets of the world, in silver standard countries as well as in gold standard countries, 16 ounces of silver are worth only about one-half as much as 1 ounce of gold and will purchase only about one-haif as much of the neeessaries of life. The naked proposition is that the United States shall con, at the puI expense, for the exclusive benefit Of the i1di- viduals and corporations owning the bullion, all the silver that may be pre- sented at the hints into dollars contain ing 371H grains of pure silver, or 41239a grains of standard silver, worth intrin- sically about 51 or B cents, deliver the coins to the depositors of the bullion, and compel all the other people in the country to receive these coins at valu- ation of 100 cents each in the payment of debts due them for property sold. for labor and service of all kinds, for pen sfons to soldiers and sailors and their widows and children, for losses sus- fained under policies issued by life and other insurance companies. for deposits in savings banks, trust companies, building associations and other insti- tutions, for debts due to widows and orphans by guard ans, executors and administrators of decedents' estates and other trustees, for salaries of all civil, military and naval officials, and the compensation of private soldiers and seamen, and, in short, for every kind of obligation recognized by the jaws of the land, except only in cases 11re the prudent capitalist has taken the precaution in advance to contract for payment in gold or it's equivalent" ," Secretary Carlisle's speech at Chi cago.