The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1897-09-17
Gold Advocates
On the Rise of Wheat and the Fall OF
SILVER.

rs had been rising, suddenly began
a fall, and have continued to do s
10 with only temporary checks an
Ie rebounds until the present day.
10 The bimetallists have elaine
n that the general decentralization {
o silver was the chief cause of th
h fall and that the fall itself has bee
q the main cause of the business de
l. preston, which for so long has car
r ried suffering into the great com
p mercial nations of Europe an,
/ America, The gold men have per
sistently denied both claims. The,
have steadily denied that silver de
none tization has led to the decline
, OF prices, and just as steadily deni
+ ed that our business troubles have
been caused by the decline. On
the contrary they argued strenu.
ously that low prices are an ad.
vantage, especially to poor men,
because they can "buy so much
with dollar"
NOW they are singing their hale
inlahs because of the "rise in wheatD
and they are exultantly figuring
out how many millions of dollars
the American farmers will make
by the advance.
Leaving out of view the fact that
very considerable proportion Of
the gain will go into the pockets Of
the spectators, and admitting that
the farmers will make something
we venture to ask what is TO he.
come of the "wage earners in Cit
les," who are thus ruthlessly com.
PEELED to pay more for their dailv
bread? A favorite song with god
orators last year in cities was that
iree silver would raise the prices of
agricultural products and of moth.
ing else. Consequently the men
working for wages would be ruin
ed. AT the same time, though. be
1t remarked in parenthesis, thew
tolu the farmers that free silver
would not raise the prices of their
crops any, but it would conneI
Ihem to pay more for what thev
bought and thus ruin them. In the
'ity, according to their reasoning
ne farmers were going to get rich
at the expense of the denizens of
ne cities; in the country the citv :
parasites were going to fatten and
'orge at the expense of the poor
armer. Both classes were TO he
uihed, and in each case the ruin
'as to be wrought by a rise in
rice of the things produced by the
ther class. S
NOW wheat is going up, and the :,
'ct Is proclaimed everywhere by "
he gold men as irrefragable proof Fl
lat prosperity has returned.n .
1he rise of wheat is good thing =
IF the farmers, and being good for 4
lem 1t is good for the entire coun- y
y, because agriculture is the basis '-
all our Industries. This is pre-
sely what the silver men have Pc
eadily and persistently claimed
ne unfo rtunate feature of the al
esent rise is that it results from =.
op failures and famine abroad III
ID cannot lasS any longer than O
ose conditions last. 4
But the gold men have not got Il
rough being inconsistent. They ---
MT for without inconsistencv In
cir lips are sealed and their pens
, dry.
While filling the air with peans Uy
praise because wheat has gone
they are equally joyous because
yer has gone down. The recent W,
p in silver has closed many of w
greatest silver mines in the
st, throwing thousands of hardy
iers out of employment and Sp
ting cloud over the present ---.
future of at least five States M
two Territories. N
he simple adoption Of the gold ----
1dard in Japan has reduced the Is
ne OF cur silver product many
|lons OF dollars and blasted the An
es OF enough people to form ~
sized nation; and yet the gold
rub their hands with glee and --....
:kie with satisfaction at tbe
Ight that the "silver craze is
l." Wheat goes up under fam --'-'''' -
conditions in other lands. They MI
that is good thing (even the y
ne) because it weakens the =
rican farmers opposition to %
gold standard. Silver goes Slgf
and practically ruins whole erS,
nunities That is good thing two
the ruin) because it makes II men
dihirult, they think, to re-. Coll
silver as II standard money Mo-,
L. n short fbau On =, - :. AVA OU