The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1897-10-14
A FEW FACTS ON GOLD AND
SILVER.

Let facts be submitted to candid peo.
pie. Declaration of American Independ-
ence. u.3
No state shall emit bills of credit
(paper money! or make anything but
gold and silver a tender in payment Of
debts Constitution section 10, article l.
The first prominent fact in the bi.
metallic question is the foregoing from
the constitution, which places silver on
the same plan with gold.
The next fact is that no act of con.
gress attempts to abrogate the above
clause of the constitution. On the con.
trary, the Matthews resolution Of 1873,
that passed both houses nearly unanim.
Gus, recognized the clause and declared
it would not be reputation to pay
obligations of the government in silver
coined at the legal ratio Of 16 to /.
The next fact bearing upon this gold
standard is that we have not gold cur
rency, and 1t is not the intent of the
plutocracy that we shall have. These
selt.constituted tyrants are planning to
give the people bank promises on which
these banks will draw good interest on
their debts. And remember, bank paper
money is not legal tender. In addition
these noble British lords would permit
,, the people to have silver change, which
! they have deprecated. 1t will be seen
the gold is for the British lords and their
tools and fools and knaves here.
An important fact in connection with
gold is the boarding Of it by govern
ments if gold standard continues, piling
it up by the hundreds of millions as re-
serves and so preventing its circulation.
Our general government now has stored
up over 140 millions. Large banking
establishments also have goodly sup.
plies stored up. The gold bug organs
harp on the vast supplies obtained year.
ly from the gold mines, claiming the
world will have abundance for circula.
ton. These false sheets take no account
Of the gold used in the industries, and
the arts all estimates placing it over half
of all that is mined. Owing to the hoard
ing of 1t gold is scarcer than formerly,
and hence it is not in circulation in this
country and is not likely to be. Indeed
our money lords do not intend 1t shall
be,
1t is apparent then that the gold
schemers want the gold standard with.
out gold currency, as one of the British
delegates declared in the Brussels In,
ternational conference four years ago
The plan now Is to drive bill through
congress that will retire greenbacks and
other notes by borrowing and increasing
our national debt five hundred millions
This will pave the way for handing ovel
the people to the modern robber plan Of
bank paper money and so put all values
and business and labor at the mercy o.
the paper money kings, who will give III
an "elastic currency" which they car
contract or expand at will.
The Republican party is a submissive
arrangement. When their leaders anc
platforms pronounced and voted in con
gress for silver the rank and file sub
mitted, and when President Harrison
and his secretary of the treasury
Charles Foster, obeyed the gold dicta
tors and gave these gold for greenbacks,
the party again submitted and renomin
ated Harrison.
"My record is plsin," said Mr.. McKin
ley, speaking of the currency question
True, he advocated free silver in con
gress in June, 1890. AS chairman of the
committee on resolutions Of the Repub.
lican national convention of 1888, which
nominated Harrison, he submitted {
platform which condemned the policy
of the Democratic administration in itl
efforts to demonetize silver" AS chair
man of the ways and means committe
and leader of his party, he warmly sup
ported the Sherman silver purchase bill
of 1890, which even increased the amount
of silver the government was forced tc
purchase under the Bland-Allisan bill
Yes, Mr.. McKinley's record is plain anG
uniform, as the Congressional Recort
will attest to any searcher's satisfaction
But where is he nowP Is he not in thu
hands of the gold clique? Is he moi
working and shaping things to retire tn,
greenbacks at their dictationP Republi
can organs everywhere proclaim til,
gold standard and decry silver. AL
signs indicate that this administration il
wholly in the hands of the gold mag
mates. The present secretary of stat'
John Sherman has been throughout thei
most devoted instrument in all thu
rascality, and no doubt he is yet in thei
service. The evidence is in that direc