The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1896-07-11
Is TO PIG.
A Southern Man Gets It Bad-Wants to Max,
Everybody Rich and Respectable.

Everybody Rich and Respectable.
THE TRIBUNE clips the following
from an exchange with the emphatic
assertion that it does not endorse word
of it:
alexander p. Hull Of Atlanta is a
strong 16 to man. He does not be-
lieve in half way measures. The free
silver idea is too tame for him. He is
willing to see the silverites and 60 them
100 points better. Here is his declara.
ton, proposition and argument:
Having been deeply impressed by
the arguments of Judge Crisp, Stewart,
Byran, Jones, and other silver leaders,
and especially grieved, shocked and
Mortified by the lawful crime of 1873"
as so luridly depicted daily in the At
lanta Constitution and other silver
organs, have changed my views on the
money question and am ready to main
tain the propositions following in joint
debate or newspaper controversy.
II accept the arguments of the adyo-
Gates of silver and agree with their rem
edy as far as it goes. However it does
not go far enough. Let us have plenty
Of remedy-in fact, enough to make
debt and poverty things of the past
relics of the dark ages. am in favor
of the free and unlimited coinage of pig
iron at ratio of 16 to with gold by
the United States alone, independently
of all nations, and can prove by the best
authority obtainabie that such a policy
on the part of the United States will
raise prices, put plenty of money in
circulation, and give the honest editor
chance to pay his debts thereby max
ing the whole country prosperous.
"Now, in the first place 1t may be
urged by some who do not understand
the subject of standards of value that
a free coinage act for iron would not
raise its price to a ratio of 16 to 1 with
gold. To them / reply that the stamp
of this government and the legal ten
der qualities of the iron dollar would
instantly make the bullion value of pig
iron the same as the mint value, for
who would part with an ounce of this
precious metal for anything less than
the mint Value? Stewart, Jones and
Bryan)
again, it may be oVercrowded with
pig iron. reply that the price of
pig iron having been raised from $3.50
a ton to a ratio of 16 to with gold the
world over, no one would especially care
to carry 1t to the minis, since the mint
price could be obtained anywhere in the
open market. ATLANTA constitutional
Next it may be argued that gold and
silver would go out of circulation.
reply, first, This is mere assumption
of the tools of the money power which
they cannot verify ATLANTA Constitu-
tom; second, suppose gold and silver
do go out of circulation, is there not
plenty of pig iron to take their place
and give the people plenty of money!
(Bryan), and third, Such an assumption
mixes the idea of circulating medium
and standard of medium, that gold and
silver would still be potential money
metals, though not in circulation, and
would lend their help towards raising
prices and causing general prosperity
(Crisp)
Then, again, it may be urged against
the pig iron standard of values that
wages would not rise in proportion to
prices. The reply is, Wages would be
compelled to rise since no man would
be fool enough to work for 81 a day
who could make $1,000 a day picking up
rusty nails and old horseshoes and carry
them to the mint for coinage (Hunl
"In addition it may be urged by the
money power, by the wall street
Sharks and the Bond street Shylocks,'
that we could not alone 60 on a pig
iron basis without international agree
ment TO such dastards as dare to lay
limit to the power of the american
people to do what they please, indepen.
IDENTITY of all nations, I hurl their cow
ardice and lack of patriotism back to
their faces (Bryan)
1.-THE crime of demonetizing pig iron
took place about 200 years ago when
certain 'goldlators' and 'silverites.' in
order to increase the purchasing power
of their i'll gotten wealth, secretly and
like thieves in the night got the de.
monetization act passed repeating the
good old free coinage act of Lycurgus,
the friend of our ancestors daddies.'
Today China is the only country honest
enough to coin iron, and there the happy
laborer can carry home the wages of
his honest toll in wheelbarrow. (At-