Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1897-03-25

Mr.. MATHEW MARSHALL tells US
that England is entering upon an era
of prosperity which will ultimately
overthrow the agitation for silver in
that country as we'll as in this. Incl
dentally he says the Tory landlord is
still anxious that silver should be re-
stored to it's ancient place as money
metal. 1t is easy to see why English
bondholders and tradesmen are in fav-
or of the single gold standard and that
the English farmer is against it. The
merchant classes of that island do not
depend upon their producing popula-
ton for their prosperity. Their Gus
toners are not in the British isles.
They are over the entire earth. They
have their tentacles in all lands and
draw blood from every people. Eng
land lives at the expense of the rest OF
the earth and the only way to shut of
English rapacity is to hurt her trade,
for she could not support her popula-
ton with her own products for a single
month. Purchasing her supplies from
other nations, it is but natural that
she should desire to obtain them as
cheaply as possible. She can we'll af-
ford to herd her population in great
cities and let her arabic lands grow in
to wilderness, which she is doing. if
we are to believe the FOrtnightly Re
VietO, If she can cause the present state
of affairs to continue. Her existence
as a great power is staked upon max
ing present conditions stick. The
prosperity of her mercantile popula-
ton is not to be wondered at. As we
said she draws money from the entire
earth. So much is now piled up in
London and investments outside of
England have become so uncertain that
no doubt English money Lords are
putting more of their property out in
England than formerly. Money that
lies idle is bound to be spent sooner or
later, and money gets into circulation
in the way of investment. 1t is then
every one begins to prosper. Instead
of the present prosperity in England
proving of value to the advocates OF
the gold standard it practically oyer
throws their strongest position. Stat
ed briefly the argument is this. Eng
land has drawn gold from the rest of
the world until there is plethora of
it in that country. The owners of this
money. owing to business depression
in other lands invest more of it at
home. The imitation thus occasioned
increases prices and the population of
England becomes more prosperous.
This is exactly the effect we claim the
free coinage of silver would have in
the United States. Our money of final
account would be increased until it
could not be cornered. People would
invest, rather than loan and the sun
shine now enjoyed by the few exclu-
sively would reach the common peo-
pie. England's consuming classes are
benefited when general depression in
business compels English capitalists TO
keep their money in that island and,
to a limited extent, to invest it there.
General depression breaks the Money
Lords corner in England. The Free
Coinage of silver will break his corner
in this country, and the same results
will follow. The farming classes of
England are not helped because the
price of their product is fixed in this
country. Free Coinage here means
help to them as well as ourselves.