The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1896-10-03
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all il a tn cast discretit on the parry
nominees and platf -rm. IT IL - strong
hide-hound gold Standard orga". a q
vet, singular to relate. it il giving The
Democratic organization advice ah"nt
conducting q vigorous campaign IN ne
Third Congressional D'stiic'. " says:
THE Democrats cannot a6ord TO
lose the Third District, after It was
wrested from III. control Of Kellogg
and the negroes, and they will have :"
put 10 all the zeal and energy OF y hich
they are capable to MAINTAIN it Then
let them 90 to work with a will aud
do their best. and never Surrender I"
their old enemy"
The above quotation ia from the
editorial page of the Picayune il lts
issue If June SOth 1886. II evidently
seeks to convey the idea that the Dem
oerats Of the Third Congressional Dis
trict should not allow the Rrplblicans
to defeat their candidates III the Gaming
campaign. Now, inasmuch n The
Democrats candidate is pledged to
free silver, and il running ~ = plat
form which sqnnrely and ,neqnivocai-
~ declares in favor Sf the restoration
of free coinage Ut silver. and against
the existing guild standard. m y can
reconcile this position of the Picayune
with the denunciation Of free silver
coinage and the npbolding Of the gold
standard.
IN the same issue OF the Picay une in
which appears such good Democratic
advice is a leader, devoted to a So
called refutation Of an article contrib
utel to the Arena Magazine by Sena-
tor ]. P. Jones. The Senator under
takes to paint the present financial
condition in its true ~c0lors, setting
forth, for the purpose, the distress and
want, and shutting down Of numerous
enterprises that have followed in the
wake IT the decentralization Of silver
in 1873. The Senator states the prop
osition that ''busineas IL always disas
trOus on a falling market. The small
dealers are forced to I've wall, and
combinations arc entered into to
maintain prices"
This contention Of Senator Jones 10
violently challenged By tie Picayune,
which makes the sweeping statement
that, not one Of the many assertions
of the Senator are wholly true. 1t
takes good care to discuss only two of
the statements Of Senator Jones,
namely the One in regard to y falling
market and the other in regard to
wages falling with prices. The Plea
ynne makes the astounding assertion
that "a declining market does not al
ways bring disaster" III other words
it is a good thing for snme people that
products Of the soil or Of the factory
should decline III value. No dOubta
the Picayune would have us believe
that one Of the evidences Of prosperity
is the inability Of the farmer or me-
chanic to receive high prices tor lis
product. W. wonder il the farmer
who has to sell his wheat at fifty cents
a bushel, Or the potato grower who
gets fifty to se~venty.five cents 4 barrel
for his goods are perfectly satisfied
with that condition Of afEairsf Acl
cordiDg to the Picaynne, they ought
to 90 into ecstaciss over the low pri-
ces they are deriving as the result Of
their hard work. Lest we may be
accused of misrepresentation the
Picayune, we will quote shll further
from the article we are discussing.
Following the sentence We have
reproduced above, are these words:
IF it prove damaging 70 the seller,
it is correspondingly advantageous to
the buyer"
There we have the statement in all
its naked brutality. that the seller 10
not to b. consulted IN this matter or
prices, but only the interests Of the
buyer must be regarded. Provided
the buyers. and Of the
country, tho idle holders of idle
capital' grow rich and prosperous.
under the gold standard, it inatters
not that sellers realizc little or uothinr
for their goods.
The farmers have been complaining
that they could not. sell their products
at living prices, and that they
daily and yearly becoming more and
more involved. They are seeking
relief from their burdens, which have
become all but unbearable. According
to the gold organ, they are wrong to
find fault with their depressed condi-
ton and unsatisfactory markets.
They onght to settle down with
resignation in the comforting assurance
that If they are not making expenses,
at least, they are accommodating the
classes that do not labor in the rain
and % the sunshine u the pursuit Of
agriculture. Hear the sage of Camp
Street again
1T ought to be remembered that
while there has been such q howl that
wheat and cotton were down. the
100000 600 Of work people who must
eat bread and wear clothes have