Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1896-05-22

| now 10 anectlng mi-.icns OF p1o,,e or FMS
country and the property with which they
are 10 pay 1t, declining in price all the
lilne. How are they going to paw It IT
means annually an interest of over 80 ooo !.
O0G.O00 s-''0''
Inc present financial system, based on
enhancing gold, has forced a majority of
.he people In debt and the machinery of the
law made for the collection of debts is con-
Lscatlng the property Of the people, It is
transferring the property of the people
INTO the hands of the few as effectually a a
the feudal laws OF Europe transferred all
| the lands into the hands of the few,
Disturbing Confidence.
Ihey say we are agitators and disturb
commence, and are injuring business That
Is an argument that has been made nv
every selfish despot in the world. Ostra-
clsfn' and an attempt to suppress free
speech by means of ostracism should never
find sympathy in a republican form of gov
eminent. 1t Is not republican; 1t is in
TENDED to drown the voice of the peonIe. n
Is not the argument of honest men. An at
tempt TO suppress free speech, is trea son
III a republic.
Increased Supply of Gold.
They tell US that the increased production
OF gold is going to supply SO much gold that
s13O per bushel. The fact is that these
men who have deceived us for 20 years,
lied to US in party platforms, used every
form of deception. as 1t became necessary
70 meet unanswerable arguments and allay
the clamor of the people, are now resorting
TO ralsifying the statistics. Those who
committed the crime of 1873 and who have
defended it since then by the weapons one
would expect such men to use, have now
graduated in the school of falsehood and
nre increasing the supply of golden paper
But let us follow them up and admit for
moment that their statement Is true and
see where 1t leads us. All the gold they
claim there is in the world will go in the
space OF % feet each way. All the gold they
claim to have been produced in the last
year, converted into one foot cubic blocks
would not furnish seats for one-tenth of
this audience. Measure a $40 piece, if you
can find one, and make this calculation
for yourself. Prof. Suesse, of the Uniyer-
sity of Vienna has published report, CIV
Ing letters from the watch factories and
others using gold in the manufactures and
he shows that the arts and sciences. in
Guiding dentistry and other uses, consume
the annual supply of gold, with a small cx-
ception which he thinks goes into the war
chests of Europe. He estimates that the
annual production of gold adds nothing to
the stock of gold for monetary purposes.
The Silver Bullion Owncrs.
They say the free-coinage of silver is in
the interest of tho silver bullion owners.
Ask them IL this is true in whose interests
Is the free-coinage of gold? We now have
the free-coinage of gold--have you heard
anyone say this was in the interest of the
gold-bullion owners? Money Is not local.
Its use is demanded by civilization. The
question to decide Is, out of what do we
want to make our primary money? And
when that question is settled, 1t is fixed for
the benefit of all our citizens and without
reference to those who may dig 1t out of
the ground. 1t is fixed. or should be fixed,
for the good of civilization.
Independent Action.
They say we cannot go it alone.
DO you want to go 1t alone on gold any
longer? There is nothing to fear by the
reconciliation of silver. When a great
government like the United States throws
its minis open to silver and says to the
world: I'VE have established bimetallism.
and anyone can bring S71l4 grains of silver
or az grains of gold to our mnts and coin
them respectively into dollars" then no
one is going to take less than dollar for
that quantity of silver. Neither will the
foreigner part with his silver for less than
dollar. Why? Because" he reasons.
Il can take my silver to the United States
and coin 1t into money. have it handed back
to me as such. and exchange 1t for any
thing they have In that country, and they
have everything that a man needs"
lie therefore refuses to exchange his sill
Yer for gold except at par, less cost of send
Ing 1t to the United States Mexico and the
lesser nations cannot do it. as they have
not the eXportable wealth We have here in
the United States.
But, it is said; THE world will unload
Its silver on u.s." Suppose 1t does. How
would they do 1t? Give it to us? No. 1t
would be by exchanging it for the products
Of our soil and our manufactured goods.
We can produce enough in a single year to
take all the silver in the world available
for use as money. And, the next year we
could produce as much more and ask them
to bring on more silver If they had it. Mex
leo cannot do this. but we can. What would
be the result? We would then have some
thing approaching normal supply OF
money. Prices would advance, thousands
pf Kew enterprises would be set in motion.
there would be work for all: hope would
spring anew in the breasts of men, the grip
of the money lenders would be taken off
the threats of business men, who are now
working for these money lenders.
The silver we are producing would go
to the mint to be coined into money, and
would not go abroad as now at 60 cents
an ounce to buy cheap India wheat in COM
petition with ours. Free coinage of silver
by the United States would control and set
the silver market of the world.
Those who owe gold bonds could get the
gold to pay them with cheaper than now,
LOT gOld would nave mad the demand taken
from 1t and would fall in value according
~. Put silver In competition with gold and,
you take the enhanced value from the lat-
ter.
United States as Strong as England.
The Latin Union-France, Belgium, Italy,
Switzerland and Greece for 10 years main
tanned the two metals at commercial
parity OF fifteen and one-half to one. What
they could do alone. the United States could
do. England In 1914 by the Peal act fixed
the price of gold at s3 lis. 3d., required the
Bank of England to pay that in paper bills
for every ounce of gold deposited, and that
has been the price of it the world over
ever since. If England can fix the price Of
gold the world over, the United States can
fix the price of silver the world over Where
is the American who says that the United
States is not commercially as strong as
England? Patriots Of America, let US
bury all who think so, In one common
political grave.
They say free silver coinage will cause
panic by gold being frightened out of cir
culation. The day president and a con-
gress is elected committed to it's free COIN
age. silver will begin to advance and gold
to decline. We will have crossed the rubi-
Jv, rTNI>