The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-11-10

: after last year when X 90 vig0rousi
| fought for McKinleyism. for Hannaism an
for wall street, yet II 10 fact ncver.he
lesA But while the News Ia viewing tn
Y future and prosnostIcating the vital pos
abilities witch II has in store" The Pcs
would In all earncstness comms nd to tina
journal simple lesson which IL would
we'll to learn over again. It g ia Inc witt
what the News once 50 ably taught to thu
people Of Texas. and recent events-sne yeal
Of Mckinley and the gold s,andard--hsvt
emphasized the soundness and the wisdom
Of the proposition. 1t Is from the Cleve-
land Plain Dealer and In plainly put. az
| follows:
| No money, no prosperity; plenty Of
money goea nu s me people en-,
that makes The rich richer and the poor
poorer Is false IN principle and conse-
quentfy the source Oh Woe and discomfort.
growing less and less every year. is sure
evidence that the laws are wrong and the
financial policy Of the government nnwise
and unjust. The highest wisdom In law
and In government 10 TO give everybody
a chance. according to his or her Inborn
ability, to do something and TO DO some
Thing. AN that any one has a right to ask
OF the government under which he lives
Is equal rights. which mean a fair chance
No one thing so Affects all the people.
every trade. the farmer, the miner and the
mechanic as The monetary policy OF
government. When contraction is the or
der of the dag, business comes to a stand
still. AS a greater number OF people re-
qulre more food. 80 greater number of
civilized people demand more money An
increased business always has and always
VIII require an increased capital. No man
VINO has had an experience In trade, man.
ufacturirs. or amy other industry doubts
that large business requires large cap
ltal, certainly a 100000 business can not
be done on the capital which sufnces for
a $4,000 business. 1t is the province Of !
government TO coin money
Another right reserved by the govern
ment is TO say what the coinage shall be- |
In our own constitution the government |
reserves TO itself the right to coin money |
and to regulate the value thereof. In |
tbs reserved right the government used |
poth gold and SILVER aid established the |
rntao nor coinage between the two metals. |
That is what was meant by regulating the |
value thereof The government of the |
United States, left free and acting In ac- |
ccrdance with the viii of the people, |
would never have changed gts monetary |
policy and established gold standard |
y was only when by indirectlon congress
VAS controlled by outside influence that
he coinage Of silver was stopped No |
,ettion ever went mp 10 congress asking
or this. Like tho acts OF a thief In the
mgni u was vas found upon the record OF
congress. The then president General
irant, sadd that he signed the bin without
moving what he had done. and it became
law when the people did not know what
congress had done, Thus the people were
Ieprivod of a constitutional right. the
ight which they mad enjoyed for. seventy
ears one OF their dearest rights, that of
lay,ng the government which they had
slabEShed furnish them n steadily In
rsaslng volume OF sound money,
u Is 10 re-ertahi7h that RIGHT ,ba, tho
eople are fighting for a restoration OF
Eyer side by side with gold. where Il le-
Ultimately belongs There Is no way
nown among men whereby the volume Of
ound moriey can be made equal 10 the
'unts OF the people. except by the use or
ON gold and silver under free coinage.
ILL., y an irrepress'ble, conflict It ls not
lasscS against n class and in tho hong
I'M the masses will win, severe gs the
truggle and great as the cost of the war
as been.
This tells tho whole story Of why the
mes are out OF Joint. The conflict Is IT.
II Is a fight between the
asses for industrial cmaacloa,ion on the
he side. and the classes who demand
ecial privileges on the other. The fight
III DO to a finish
when the News ANA other sold bug or
ms last year boasted that the defeas of
I. Bryan settled the silver question they
d not believe what they said They
Jew better. II they did not hen, they
, now.
when the democrats last year contendod
at nothing like real prosperity could or
ould come to this country unaer tho SIN
Q gold standard hey stated 4 truth which
years time since McKinley's election has
nply confirmed T.,
we of the South need no theory or ar
lment In this connection. We have
netting more convincing In the pres
u price OF cotton, Experts tell us that
G world needs moro of our staple this ,
ar than ever before, aud yet tho price Is
CENTS, the lowest on record with one ny
ptlop. Why Is mis- so? The News can
II the people Of Tex the reason II It
II. Let II be honest and do go. Let 1t
knowledge what every thoughtful person ,
ows to be fact--that the demonetiza. {
m of silver by the different countries Of
Q world has about cut in half tho p,ir
asing capacity Of tho people. and that :
v prices and general depression are the I
lural results. The world vans our a
ton but lacks the money to buy 1t S
H. That Is all there is to II. (
--------- ---------------- 4
AGENTS OF the Spanish government are h
Texas purchasing cattle with which TO "
I'd the Spanish army in Cuba. aud at o
'mpstead the other day they bought
'eral hundred beeves TO NH a long-felt
mt In the line Indicated. We VIII helo q
am out IN this way. so long as they pay u
u cash. but when II comes to a question a
sympathy. we are all on the other Is
e. 81
--------+---~---
Green and Grant
Both want
Pie,
1t c.tmcS so slow, n
They wish to know W
|