Blackfoot news. (Blackfoot, Idaho) 1891-1902, 1897-03-06
LIGHT Is DAWNING.
PEOPLE BEGINNING TO SEE
GREAT FRAUD.
rree and Unlimited Coinage OF SILVER
the oniy Remedy for the Present
Hard Times senator stewart GA
Ihandlcr's Hopes.

wisp which has been USED b3 the Ne-
publican party on every occasion when
the people demanded the free coinage
OF silver by the United States alone.
This cry OF International bimetallism
is made to divert the attention OF the
people from the wicked acts OF the
oddities who intend to perpeiuate the
gold standard against the olt-eapressed
will OF the American people. THIS SUD
terfuge was utilized before on three oe-
casions. namely: la 1876. Ia 1881, and
the last in 1892 The attempts OF the
American Commissioners at these CON
ferences 10 secure the cooperation 81
Europe in opening the mints 10 the free
coinage OF silver equally with gold
were frustrated by the action OF the
English delegates who were controlled
by the Rothschilds combination. Il -
absolutely Impossible 10 procure the as
sent Of England and Germany to the
adoption OF free coinage as long as shey
have a corner on gold. and as long as
they can make the world pay them
twice as much as the contract calls for,
caused by the appreciation in the value
OF goldand Interpretation in the value
OF commodities In which the obilga-
tions OF debtors 10 creditor England
must be paid
Senator Chandler Ii one Of the lead
ing international blmetalllsts In the
Senate @ho believes that there ~ yct a
chance TO secure the assistance OF for
eign nations in establishing btmstai-
lism. He Ii Que OF the statesmen Who
thoroughly realizes aud appreciates the
hardshIps and disasters which follow In
the wake OF the single gold standard.
and who knows that there can be no
permanent improvement In business
and no amelloration OF the ausfcrings
OF the people as long as the gold stand
ard Is maintained. He coufssasa that
the people OF the United States have
sufficiently Informed themselves to be-
iieye that the quantity Of real money.
and not the money which must be re-
deemed in some other money. deter.
mines the prices OF the worlds commo-
dltles; that the decentralization OF half
the worlds real money IL slowly reduc.
Ing prices and pressing debtors. and
that the use Of only gold ~ a nuu.gC-
deemable money u placing the great
instrument OF exchange 10 commerce
upon such a narrow basis tina, thr pres
ent depression In production aud trade
Will continue for an indefinite period.
and with manifold evils to the human
race the world over.
This is u partial exposition OF the ~.
fects Of the single gold standard iio
might have added that the large army
OF the unemployed. which has been es.
timatcd 10 equal half the iaborers
In the United States. will. under the
gold standard. have no hope whatever
OF hndiag employment to support taelr
families. and that this great army viii
be gradually increased as times become
harder and business more stagnant.
The single gold standard takes from
man all hope for the future aud leaves
him with no consolation whatever scc.
rotary Carlisle wildly described what
would happen II one-half of the metal.
lie money of The world were DESTROYED.
He said:
The absolute and instantaneous dc.
struction of half the movable propsrty
OF the world. including horsna ahipa
railroads. and all other appliances for
carrying on commerce. while Il would
be ielt more senslbly at the momsn,
would not produce anything ike tho
prolonged distress and DISCRIMINATION
OF society that must Inevitably reauIt
from the permanent humiliation az
onc-half OF the metallic money OF the
world"
The language OF Mr.. Carlisle NAV IN
the minimizing. seem very strong. bu,
his portrayal OF the effects OF Tho goId
standard Ia not in the least oycrdrawp
Ever since 1873. when silver was do.
monetlzed. the people have been feeI,pv
the cold and merclless e,fecta NJ
shrinking volume OF money. Instead =,
regulating the amount OF the circulat.
Ing medium 80 as TO keep pace with The
growth OF population and buainesa inc
eoldltes by their wicked scheme afyucl,
down one OF the precious metats nrd
compelled trade and commerce. n Az
pend upon the contracted volume -
money which gold alone furnished
since 1873 prices of all commodItloa
have fallen one-half. while tho ynIne ~
gold has eorrespondingly Increased
The people Of the United States have
attempted to remedy the evils from
which theysuffer BY passing free coin.
age bill in 1873 in the House Of RENE.
sentatiyes. but their will was defeated
by the Senate. which changed il from !
free coinage bill to silver purcbasln~
Dill. The demands OF the people aIncs
the Bland-Allison law was passed WI
tae re-enactment of the coinage laws
OF Jefferson and Jackson which exls,s1
prior TO 1873. have been met III Nv
oddities suggesting the holding Of en-
international conference for tho ma,
pose OF getting foreign nations n in,r
us In restoring silver to ita righ,,ni
place as money Of ultimate paymen,
me people want the free coInago
silver and they are entitled ~ !,