Juniata sentinel and Republican. [volume] (Mifflintown, Juniata County, Pa.) 1873-1955, 1896-08-19
TIE FARM MORTGAGE.
Showing why It Should Be PAID 1,
INa.li

Showing why 1t Should Be Paic I'm
Coed Dollars.
Tho following letter is orc of many that
are daily received by the Times Herald
1t is supposed to contain the strongest
free silver argument that car te addressed
60 the farmer. and it is used by the free
silver orators with immense assurance of
fits success
LINCoLH. Neb., Aug. 3.-To the Editor:
My land Is encuintercd by "a mortgage OF
81 ,o0O, payable in lawful money Nov. 1,
1887. 1 must pay this debt with the pro-
duets of nay farm. Under ordinary cir
cumstances will 10 cble TO raise 1880
bushels of wheat next year. If there is no
change in our financial system this whcsit,
nt fifty cents per bushel, wiz Pay half the
debt. Whom the value of Is silver dollar il
reduced 70 81 cents by free coinage n bushel
of wheat, without any change il its value,
will be worth 80 cent dollar With free
coinage CT silver l shall, therefore, be able
20 pay the entire debt with the COG bush
els of wheat. The burden of paying q debt
Of 81 go has doubled since I borrowed the
morey. / have obeyej the laws of my
country under the gold standard, and
shall oncy them under silver standard.
The opponents of free coi;a:se CO silver ,Ie
sppcaling to The laborers. the creditors
and police hcl;ier5 10 protect their own
personal interests. II should fail 10 look
out for my own interests who will Go SO
for Iae? Is there any reason why shonid
not vote for the free and unli,nissd coin
age of silver? Very respectfully,
J. W. BrSGEH.
The answer is not far to seek.
When this f.,rner borrowed the money
1. was the equivalent of Sl,Goo in gold. 1t
gold twenty dollar pieces. He could have
4. In that way if he SD desired. Perhaps
he did for many such leans have been
made. When he expended il he got il 600
IN gold c1uiyaleut. lie probably improved
his farm 70 that extent or bought stock or
machinery. In whntsver way he used IL,
unless he burned il mp or squandercd il,
be Sot valac received. The borrowing snd
lending was . business transaction and
tic borrower used III. money To promote
his business Interests ~ no Tina since
.hat mort gage was executed, for few mort
cages ran oyc:' IKE years without renewal.
would q Thousand bushcl, ot Whc;st have
paid it.
When N-. Bingcr in the above lstter
says, "Thc burden OF pavir,. e debt OF
Il go has doubled .;incr | borrowed tns
,uoncy," he must rcinomiIer, il he Is sta.-
ms what Is true, ti.:it fhc '':,Urflcn" Is not
alone urcn h.m, but npon every other
business man who has borrowed money.
Merchants and mac;facture-s fec! the
SAME S:rS>S Cf JGe n:ir5 -Tincs as tne f,lriti
crs dS. /: l. not bcc;t!;sa they borrowed
gold ana have to rep:.y gold that the bur
den Is greater, but tn; their earnings and
assets have not turnoI cut ~ thcy hoped
erd expected. Competition ana cSerprc-
ductror hare affected the whole world,
but rupuoi:.tion Is net thc proper cure :or 1t.
Honesty Is the beg: poii"y-as II policy
merely, witiGu, reference to it, lnC,ai
auality-for nations ~ well as for inGi-
viduals. 4 man who i.:,i rcpi:d,atcd his
debts is never trusted again and is re-
sirtiei with contempt by al his nsish-
Sors And so Is nation. \ free coinage
law is rapudiation, ana thu: it is under
stucd ia that sense Is indicated by such
letters Us the above. - Chicago Times
Herald