Mohave County miner., 1898-09-24

pass iroo Coiuaye OIL you VIII make
money plenty. OF course you will till the
mouths Of the laboring masses and their
pockets with that coin which diffases,
diversifies, seeks its place in the hands
OF the laborer, because 1t is made for
change. 1t is made to pay the wage
Garner that is worthy Of his hire; but the
gold which you cannot commingle, that
which converges, that which runs 10.
gether, that which fills the wants OF the
money power OF the country and makes
it king, never reaches down to the ranks
Of those who toll and produce the wealth
Of the world.
The argument is made in the very face
OF our own experience, In the face OF
political economy, in the face Of the his
tory OF the civilized world. No historian
on earth can ever say that there Is sin
gle line Of history that stands to prove
The fact that when money is plentiful,
the wage Garner is employed in pro
duction and the markets OF the world
are open to receive the fruits Of his toll,
but there is prosperity in the land that
gives the toll. Therefore, We sea that
they contradict our own history when We
were under The double standard. And
when We we're under the double standard
ourselves, a. no time 10 the history of
our country, or OF any other country on
earth, at no time when the legislative
finger has touched the finances Of the
country and enlarged its volume 80 far as
irs basis Is concerned, when the basic
money WAS enlarged, when II was kept
in motion, when it reached down into
the RAJ Ks Of the producers, the toiliny
millions Of the earth. hut what proQ'ess
aud proaperity prevailed there AMI there
never was time in the history Of the
world from The rise and fall OF the Rr-
man Empire down to the panic Of 1873,
when the lenisl ttive hand OF the country
pm its hand npon the basic money Of a
country, clipped II, made the volume
smaller, hut what it reached and crushed
the interests Of those who produce the
wealth OF the earth. Without referring
nv friends to o,her countries and their
history, will refer you to our own coun-
Try. Ym all know that foreign coin.
mark before This country went to min
ing; no silver mines before that time
we're discovered The foreign coin OF
other countries vas made the measure
mrnt Of the silver dollar. That was onr
money. | mean, it was our unit, our
b,.ic money, and gold was made hasic
money with It. The silver bnllion III t
b ,d TO bs Obtained ny this government
10 obtain the double standard. had to he
honph' at a premium; IL was bought at
y premium ahen the money power OBJ |
III ,rd some control over legis'a'io,
Aud when say control, mean IT, a ience
over II, that you and do not have. The
foreign coin, that was the unit of value,
the basic money, the medium OF ex.
was called in to be recoined; il
was recoined the volume OF the basic
money Of course was contracted and l. ss
WAS In circulation; that was in 1856 and
the spring of 1857, and that caused the
panic o! 1857 .. ...-..s ........
In 1873 You know how the banks ruled
over this country. The silver OF the
country was denonetized by stealth and
ndirection One half Of the money
volnma OF America was stricken down in
he robbery Of the mints when she was
asleep, nobody on guard, by the money
power at Washington Thus the pur-
,hasing powe, OF gold became doubled,
Ind made the panic Of '73, and made the
Mollie Maguires.
1, 1890 the Sherman Act was passed,
" in 1891 when it was repealed, when
he volume of basic money was again
M, when the door was shut, the panic
4 1893 came, and this country was ruled
nto the wreck.
This 10 our history, therefore we see
hat will proddce panic and what will
prevent II. A panic will always produce
,ard times, You know that when the
money Of this government is large
nongh in volume to meet the demands
1 the people Of the country 1t makes
nore production, It causes more trade, 1
employees more labor, 1t reaches more {
nen, it opens m ,re mills, it tills more 9
arms, it fills more mouths, IL makes q
nore prosperity than any other system I
z, oa ax.d IL has Lo,.n M, al.a. IL. Z