The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1896-09-04

tree silver, that gold went into hiding.
"COin silver free and gold will be
cheaper, said Mr.. Overmyer. Is
gold cheaper in Mexico, or China or
Japan because silver is coined free?
Was gold cheaper in the United
States from 1862 to 1879 because the
people abandoned the use of it as
money and used paper instead? The
coinage history of every nation on the
globe contradicts this statement.
"Silver can pay every debt, public
and private, and redeem every Obli-
CATION, greenbac and bonds includ-
ed, in the United States" True.
And Republican legislation made it
80. Then what do you mean when
you say that the "crime Of '73"
"struck down silver and robbed the
people of half their money!"
"The Chicago convention cast out
devils", said the orator, referring to
it's attack upon Cleveland. But the
same orator told US four years ago
that unless this same "devil" was
elected president of the United States
we would all be "enslaved by the
money power"
"Tbe. silver dollar was made the
unit of value". That is not true.
"If the United States will give S1.29
cents an ounce for silver who ia all
the world will sell it for less?" But
under free coinage the United States
will not buy any silver at any price.
1.-THE increased demand for silver
under free coinage will bring up the
price," But will free coinage in
crease the demand? Suppose another
mill should be built here at lola.
Would the fact that there was twice
as much -four made here increase the
demand for -four and therefore make
it dearer? On the contrary, wouldn't
the price of -four be likely to come
down on account OF the doubled pro-
duction? Well, under free coinage
the governments are simply grist
mills where the man who has bullion
takes it and gets it made into coin
and takes it back again without even
paying any toll. What is there in
that process to make demand" for
any more silver?
Nobody expects gold and silver to
stand side by side under free coin
age". All, David, is not that rather
dangerous admission for you to
make? If gold and silver do not
stand side by side, then one must be
worth more than the other. And if
one is worth more than the other then
they will not be exchangeable and
the one that is dearest will be hoard
ed and taken out of circulation and
we will be left with less money and
poorer money than we have now.
This is exactly what will happen if
we attempt free coinage; but we did
not expect free coiner to admit it.
And when he does admit it, doesn't |
he give his whole case away? For |
who wants free coinage if it is to give |
US less money and worse money than !
we have now?
The poetry with which Mr.. Overmy-
er closed, and with which he decorated |
Mr.. Bryan, describing him as bare
footed prophet dressed in skins, "a |
singer singing ever sweet, a charmer
charming ever WISE" was very beau
tiful and touching. Only we couldn't
help dropping a tear for poor old |
bluff Dick Bland around whose brows
that same poetry was woven by that
same orator in the Chicago convention,
but who was passed by for young
er and fairer siren. 1t was all right
for David Overmyer to shift his af-
fections when the convention told
him to; but it does seem like a heart
less thing for him to apostrophize the
new love with the very same poetry
that only yesterday he had laid at
the feet of the old.
The attendance at the afternoon
meeting and in the evening also was
very flattering, the hall being crowd
ed and the speakers given the best
We were unable to attend
the evening meeting, but we under
stand it was addressed by S. NJ. Pet.
ers, candidate for Congress, DIR.