The Big Sandy news. [volume] (Louisa, Ky.) 1885-1929, 1897-10-08

tratlon, claiming all and conced-
Ing nothing to the good or i'll ma
ture. IL the present Adminlstra-
tlon eiused the rise In wheat, then
they are to be held accounta-
BILE for the three years Of drouth In
India. which has hoverod DER that
country, destroying all vegetation,
even tho forests. They are respon-
siblo then, for the greatest famine
that history ever recorded. 1t Is
generally UNDERSTOOD that Mark |
would do anything TO gain a politl-
cal point, bat who could believe
that he would have endorsed the
starving to death ofover eight mill
ion Of people in far OF India; the
destruction Of the potato crop In
Ireland or the failure OF the wheat
crop in Russia and Asia In order
to carry the election this fall, in
Ohio! Republican speakers and
the Republican press have exeried
much energy 10 make fair weather
with the farmer, out Of the present
rise, but the facts are, the price OF
wheat is much below what 1t
should be, aud were our finances
in q healthy condition as they we're
in 1873, the farmer would be getting
81 so for his wheat instead OF only
So cents. Conditions were never
more favorable 10 one-dollarand-a-
half wheat than nsw and had the
people OF India their "rupees," and
the people OF the United States the
money fixed for them by the fore
fathers, as constitutional money,
you would see more smiles and less
strife, better stock, better homes
more educated people and higher
standard OF citizenship. Supply
and demand, when the monetary
system ofacountry at its normal
condition, regulate values. Our
present monetary condition Is res
ponslble for our IS cont wheat,
other conditions point to dollar
and a half wheat. These silk-hat
and silk-stocking gentry, who love
to be called gold-bugs, are respon-
sible for our SECT wheat. This very
gang is responsible for the rise In
our necessaries, such as sugar, salt,
shoes and the like, and everything
else the farmer has to buy. IL
there cone who thinks my state
meut is not true, let him please say
why wheat did not remain at one
dollar and seven cents; and why
d d tobacco fall?
II these gold bug, have power.
over all nature, the flesh and tho
devil, guess they art sending our
preseR. drouth. 1t is as dry out
here as one Of Mays oratlons, and
there is enough dust to every square
rod to make a dozen politicians as
big as Boss Mark. ] imagine that
these gold-bugs have foreseen the
result Of the coming election, and
like the old woman who whipped
her children before she left home,
on suspicion that they would do
wrong while she was gone. Don't
be distrustful, Mr.. President; send
on your showers. Oar people are
law-abiding and law-loving people
who will exercise the right OF sui.
frago according to their own good
pleasure. National ideas have no
concern in local self government.
The farmers are not wholly blind
they can see that they have no In
terest in that one dollar. Suppose
all the rocks in our hills were turn
ed into gold what yoald that same
one dollar buy then? According
to the theory advanced by the sleek
hat crowd, the purchasing power
Of that one dollar would buy no
more then, than /. all the rocks
were gold. "Value" Is the stumb-
ling block In this question. Our
single-standard advocates claim
that value Is intrinsic and consists
ofquality, hence must mean that
gold is the intrinsic value Of gold |
itself and that the quality OF gold |
can never change, therefore tho
value Of gold Is always the same.
That there Is no change in the unit
of dollar, We all admit, but that
there is a change In the purchasing
power Of dollar, according to the
number of dollars in circulation, Is
as true SIS the laws OF friction. II is
poor rule that will not work by
proof; then the value OF wheat or
other products measured by the
unit Of one dollar, is regulated by
the amount Of wheat in circulation
and the value of a dollar, measured
by the unit Of the bushel Of wheat
is measured by the amount Of mon
ey in circulation. There is a point
where the crop of money and the
crop OF wheat will exactly balance.
Then add 10 the crop Of money and
wheat goes up--ln price--Or IL you
add to the crop Of wheat money |
goes up, In price. This is a simple |
analysis and applies to all crops |