The times. (Owosso, Mich.) 1882-1897, 1896-08-21

/
cents per day.
The purchasing power OF the American
dollar ought to to be able to be borne will
resignation by the American laborer. The
question of how to get that dollar should bt
the question on the working mans heart
In 1892 there was no questions OF 10 to l.
1t was then 10 jobs looking for 1 man, now
1t is IL men looking for job. The policy
OF 16 to did not enter into the calculations
that year. But how would you get the sill.
yer unless you earned 1t? Aud how would
you earn 1t unless those who own 1t have
confidence enough in our financial policy to
invest il? If free silver will make silver
plentiful, will pave your streets with silver
dollars, why have you not got gold now ?
We have had free coinage of gold for over
hundred years.
don't blame the mine owners for want
ing free coinage. In one mine alone the
owner told me there were 4 million dollars
worth of silver in sight which would stay
there until after the election.
Mr.. Teller has two millions of silver
mine stock and he represents state which
thinks it can do nothing but produe ore
In Mexico an iron bed will cost SIS which
can be bought for $3.50 in the United
States. Bread costs 10 cents per loaf there,
cents here. If they wish to divide with
Mexico, all right. but If they like 1t so we'll
why don't they move there? They think
they are enjoying prosperity there, but its
like the light of cloudy day to man COM
ing out of dungeon.
Mr.. Towne says the east is sapping the
life from the west. According to the Uni
ted States census the valuation of the prop
erty in the eastern division of the United
States increased 20 per cent, or 1928 per in
dividual. The western division in the same
period, 1SS0-90 increased 200 per cent, or
$3.50 per individual. Michigan, Nebraska
and Minnesota are among the states in the
latter division. That doesn't look as though
the west was being sapped by the east.
Mr.. Towne should not grow eloquent over
pauperism which increases like that
The republican party does not propose TO
stamp anything as dollar which is not
worth dollar. The financial policy which
was good enough for Grant, Hayes, Gar.
field, Arthur and Harrison, is good enough
to tide the administration of William Nc
Klnley through a glorious period of pros
perity. Our country should never stamp as
money that which is not money. do not
want the Goddess of Liberty to dwindle to
half value. Will not the Mexican silver
come here as ours went to France? Mexico's
ratio is 1917 to 1, ours is proposed at 16 to l
and when ours was 16 to 1 and Frances
151a to 1; our silver went to France. Then
why should not Mexico's come to us il we
make the change?
Pay back what you borrow. You bor-
rowed all the money you now owe on a
gold basis. why don't you pay it in gold?
Last year 1900 millions were deposited IN
savings banks by laborers, farmers and
mechanics. There were 100000 deposit
ors or 1911 per depositor, all of which was
as good as gold. Are you going to make it
impossible for your banker to return this to
you in as good money as you paid him? If
so you are more generous to your banker
than l give you credit for being. You've
paid your life insurance premiums in an
equivalent of gold. Do you now propose to
let the N. Y. Life Ins. 20. pay your widow
and orphaned children in deprecated cur
rency when you've paid them in gold?
There is no reason why the United States
should further embarrass herself by trying to
do an impossible thing. Silver mining Is now
much cheaper than it was. We cannot
alone restore it to 16 to 1. When we had
free coinage, France, Germany and the
Latin union also coined it. We are ready
to coin it again whenever the above states
will unite with us, but we are not in favor
of trying it alone.
There has been an over production of sill
yer just as there has been an overproduc-
ton of wheat. In 1880 England bought no
wheat of Argentine. in 's6, she bought 26
millions of bushels from her and the amount
she purchased from Russia sprang from to
81 millien bushels in about the same time.
We might as we'll demand the United States
to eat all the wheat in the United States
and all in Argentine.
Under the Mckinley law we had fifteen
treaties with leading govern
ments of Europe by which the farmer sold
his products to good customers. The demo-
cratic party swept away every treaty and
this is one of the saddest things of 1t all.
We alone can re-enact tariff law but we
cannot make again the treaties without the
consent of the governments which we have
80 rudely treated. A few years ago saw
tons upon tons of Minnesota -four piled upon
the wharves in Cuba in exchange for sugar
and tobacco. All this is now changed be-
cause the democratic party would not dis
but would give all chance-ex-
cept the United States.
would rather be buried under $1,000
majority than be elected, tied to policy
which would further jeopardize the coun-
trv,s interests Once before the flag called