The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-12-13
would make the Nation great ana ,ude-
pendent of all other nations

would make the Nation great ana ,ude-
pendent of all other nations
congress, IN accord with the corstitutiou
mas not only the right, hut Il Is us outy
10 formulate and prescribe Jules for the
guidance OF officials elected or a,,noi,.ted
especially for those employed a. the treas
~, NY department. having the dis ,urseilent Of
observed to the surprise and loss a. Inc
i.aa!oriy OF the people Of this N ion II a,
oinclals high in rank, having exrr,,sed
anu publicly declared ccnyirti,us rtich
my aiter election or appointment abln-
aohed and adopted line OF action dictated
py ambition and private gain
ror easn ounce or each pound of geld
purchased and coined should sis:een orrces
or sixteen pounds of silver lie pur,hssed
anu eointl. The price o. one ounce o. gold
should be paid Tor sixteen ouuces Ct sill
Ntr. IN paying out money for bonds ar
otner obligations. and in the redem,tiou of
NUTS the one-half of each should be raid
IL, III goin and the other half il. silver coin,
rms would force silver 10 an eouitv with
gold and would force tie hol,er NJ gaia
10 place II into circulation to sha.. in tho
oeleht oil tha employment OF the money.
40 prevent export of money metal a., vel,
as OF coined money. government can law
an export duty upon same whlch would
make 1t more profitable or the folder 10
nf md
ing or taking Il abroad.
The expenses incurred bv coinare sbo,la
De borne by the coin or by the ,olaer of
the com, the actual value of which should
ne less the cost Of its coinage rs the N etal
value ''o - e'''
Inc persistency with whieh tho hank cir
culation, I'm lieu of the government rctes
70 De retlred, is pressed upon the Nation
SHOWS the magnitude Of The profit there is
IN the business All This proit remains
win the people II the government performs
It's DUTY 1t is only waare gov, rnn.ent
undertakes to pander 10 the interay Of
some special or privileged classes that tho
distribution of National funds fails OF
equity.
Ii all the money lost 20 the business
world and to individuals By tank OF issue
failures during the asst century could he
coliected, the money lost ana collected
would mere than pay the entire debt OF
twenty thousand million dollars resting
ipon the Nation, without counting the
business disturbance each such filure has
produced in the industrial world.
Under an honest administra ion. with
congress doing It's full q Ity, without evil
or favor, the occurrence Of deficit iu the
treasury department and the need Tor a
BOND issue. at least in times OF roGce would
and should be an impossibiilty but the
fact that the Nations chief can issue bonds
tduSes SPECTATORS and especially hcnd
syndicates to exert all their influence 10
bring such a deficit about in order that
they may be enabled 20 buy bp as With
their idle money and sal he an inc essed
annual interest upon tho people
1t lies within the power OF government
to establish prosperity among all The peo-
pie, but government must b. honritl ad-
minstered. Favoritsm will MT 90 It.,
nor viii gold standard 10 II; rcth are
robbng the common people. Nor will
bank currency bring permanent prosperity.
II, with the gold standard, matcs M on
aires out of tho few and teggdrs out OF
the many. Nor will tie establish went OF
a Chinese wall around the Nations COM
mercc. such as Messrs. Hanna ard Nc
Kiney with the assistance OF M. Y aley,
have built with the tariff, do it. Numbers
of manufacturers may hecome ricn cireci-
ally those who have largely contributed to
the election fund, but It VIII rob large
number Of poor and unfortunatcs oil the
necessities of life.
An abundant circulation Of silver and
gold coin at the ratio Of lG 70 with
suficiency OF greenbac,is viii cGlivcn
trade, will revive tagging industries. will
give remunerative employment &c the hun
dreds of thousands now UNEMPLOYED Ills
will bring bread to the hungry ail Cloth
ing to the naked and viii maze necIih feel
PHOSPHORUS Ernst Wptglc.