Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1897-09-20


least has not been the case since the
birth of this nation. First one coun-
try and then another becomes, at times,
a buyer instead Of a seller. Well, you
say that is all true, but where does
silver cut any figure in the price of
wheat? Be patient, go slow, give us
time, and we will show you where sill
yer comes in
For the last-we,l, ever since this
has been a nation-up to 1898, India
was free silver country and a great
wheat-producing country. Her price
where, how and when it was made,
we are at this time unable to say
was one ounce of silver for one bushel
of wheat, layed down at Liverpool,
England. Now can you see where sill
yer comes in? No! Oh, well, let's go
on: When silver was worth $1.29.29 per
ounce, wheat in the United States was
never known to go to less than $1.14
per bushel. Why? Because, when a
seller had wheat to sell, the English
buyer would say, 81 can get that grade
of wheat laid down here from India at
$129 per bushel. and if you wish to
sell us you must lay it down here for
the same Now, the freight, insurance,
| storage, ETC., costs just Is cents per
bushcl from New York, therefore, the
price in New York would be the Liv-
erpool pri0 minus the freight, or
which would be about S1.14. Now, the
United States is the greatest producer
, of silver in the world, and
never until after 1873, when
silver was demonetized, did sill
yer ever sell for less than
$1.2929 per ounce? But Just IS
soon as silver was demoneAzed it be-
gan to fall in price, or rather gold be-
gan to advance. India still continued
to sell her wheat for one ounce of sill
yer for one bushel of wheat for the
rupee in India always remained the
same, just asher weights and meas
ures. But the shrewd Englishman
caught on quick. Our silver by our
own act was reduced from 1929 to 100
per ounce, and the Englishman laugh
ed in his sleeve, and patted Ernest
Seyd on the back and bought good
American silver at 65 cents per ounce,
took it to India, traded it for one
bushel Of wheat, told his American
brother he must meet the market, and
lay his wheat down at 65 cents a
bushel. To do this the American had
to pay charges Is cents per bushel and
therefore his wheat only Melted him so
cents per bushel. But you say, at this
time, wheat is selling at near one dol
lar and silver is not worth more than
60 or 60 cents per ounce. Yes, that is
true. But where are you selling your
| wheat? To Europe, of course. True
again. Is India buying or selling
wheat? Why, | believe she is buying at
this time. Just SO, and that is the rea-
son why wheat is up and silver down.
India is suffering from a famine. and
her people are actually starving by the
hundreds, but just as soon as the ia
mine passes away and she becomes
again our competitor, you will find the
| difference between silver and wheat to
be just what it has been for the last
twenty or thirty years.
My gold bug friends, paste this in
your hat, saw wood and say nothing
until you find this to be correct and
then inform the public of the fact, and
III assure you you will never again
hear anything about wheat and silye,
or about the monetary system ofythis
country.
1t is a we'll known and historical fact
that two of the bloodiest and most out
rageous, as well as the most reckless
and disgraceful strikes and riots that
have ever occurred in this country. has
| been in Republican State and under
national Republican rule. We are lead
/ to believe from past events that the G..
| o. P. has become party of strikes.
riots and the shedding of innocent
| blood, all of which is caused by the
reckless and remorseless handling of
the truth. In their purblind deter
mination to eat corn from the public
| crib, they lose sight of truth and COM
! mon decency, and make wild, reckless
| and impossible promises and asser-
lions, in order to catch the votes Of the
laboring men and when they are called
upon to deliver the goods. answer with