The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1897-05-28
Suggestions for Busipo;s Mon

! "noh Wo oPeah OI business mon
it Is generally understood to refer to
bankers, merchants, manufacturers
and the managers of railroad and
other corporations. Of course all
men who earn money in any way
are business men. But for the pur
poses Of this article we deal only
with the interests Of the men who
conduct business enterprises, whether
they are individuals, firms or corpo-
rations. We Will PROFOUND few
questions to them.
We will ask the manufacturer why
ne works himself up to such enthu-
siasm over the gold standard, when
he should know by little examina-
tion and reflection that the gold
standard provides a stationary
amount Of money for an increasing
amount OF population and business.
1t provided the same sized clothing
for the man that he had when boy.
This constant widening of the gulf
between tho supply Of money and
the demand for it's uses is contrac
tion. Suppose the demand to be
stationary, and the supply to be
constantly diminishing. The con-
traction would then be obvious It
does not require much reasoning to
understand that contraction must as
certainly follow Il stationary supply
and On increasing demand as itwould
follow q stationary demand and do
creasing supply. Continuing con-
traction logically compols the con
tinuing reduction of prices. The
less money there ls in the world the
moro property each piece will buy.
The moro sugar you give for dol
lar the smaller the price you recei>
for each pound of the sugar. So
with every other article of daily con
sumption, Manufacturers are sure
to lose while prices are falling, if
they manufacture goods beyond the
immediate demand of the market.
If they manufacture stocks which
would require three or four months
to dispose of through the various
channels of trade, they find when
that time expires that the goods on
hand have fall en- in price below the
cost of their m unufacture. 1t is this
that has paral,Vzed manufacturing.
What possible interest can the man
ufacturers have iii fightingin in thegold
standard ranks. the only object of
which is to make money dear and
all other kinds of property cheap?
| Why does the merchant walk i'm
procession and shout the usurers:
stale cry of 'sound money" when.
he ought to know that to advocate.
the gold standard is to increase the
value of money at the expense of
everything else, and thereby to ad-
vance the course of unsound and dis
honest money! The dollar that Isl
made by law harder to get by the
borrower than it would have been
When he borrowed it is dishonest
dollar. Laws which make q debtor
pay heavier dollar than he borrowed
are palpably dishonest The do
struction Of silver as money made
every gold dollar worth nearly twice
as much rs it was worth before.
Was not this just as dishonest as it
would have been to double the
amount of gold in ten dollar coin4
1s it not strange that merchants
should clamor for a continuance ot
this system of cutting down tic
prices Of the goods on their shelves
: and in their warehouses;
| Why do the railroad manager
play into the hands Of Tho usurors;
The single gold 'tandard has creat ee
such. decline in the prices of al
commodities that the products of tn,
mill and Of the farm wall not sell a
the seaboard for what it costs t,
produce md transport them thtl ,er
How arc railways to earn operat in,
expenses and interest on their boz nd
Ii tho earth will not yield it's 'ro
ducts to be carried as freight o.
tb"iY roadsr And how" can the ca rtI
ba expected to yield when tho R us
bandman cannot obtain rs mrscEa fo
his farm products rs the cost of q lei
production and the transportation t
tho market place? With silver re