Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1898-04-08

take property robbed of its value.
That it would be downright hishon-
esty to legislate to enable the deb
tor to repubate just financial obi
cations, is not disputed, but it is
equally dishonest, and productive
of much more hardship, to increase
by Legislation the obligations and
burdens of the debtor for the benefit
of the creditor.
1t is easy of comprehension why
England the creditor nation of the
world, should favor contraction Of
the worlds money and a limitation
of money metal. Having no silver
mines of her own, and being pnr-
chaser of both silver and food pro-
ducts, it is equally easy of compre-
hension why she should use every
effort of diplomacy and legislation
to diminish the value of both, but
why the United States, debtor
nation, with extensive silver and
vast stores of food products to sell,
should voluntarily assist in carry
ing out the same policy, and dimin-
ish the value OF her own resources,
"passeth understanding" Unfort-
unately for the welfare of the coun-
try it contains too many people
who, surrounded by huge blocks
of we'll secured interest bearing OBJ
legations, are interested in 'egisla-
tion that makes money dear and
everything else cheap: who. not
: engaged in productive industries
themselves, are anxious to secure
the product of the toll of others at
the least possible outlay. Unfort-
unately, also in these "evil days"
that have befallen us, these men
l are powerful in taking lessons of a
= hard schoolmaster and are acquir-
ing some valuable experience. This
S is about the only valuable thing we
are acqiring. When the change
= comes, and when the American pro-
ducers supplying the American
t markets when we cease to buy of
, Europe what we can buy of our-
r selves, the same benecial legisla-
ton that brings about this result,
f applied to our silver mines, will
: make of them hives of industry,
: fill them with an army of men who
will purchase supplies at fair prices,
, from men who are now standing idle
; while THAR families are hungry.
AS business and population expand
our money needs will be constantly
supplied from silver mines OIL Amer
D lean soil, owned by American cit
: izens, worked by American miners
S who in turn supply their needs from
e the production of other American
: workmen. How this result, if ac-
!, complished, placing in circulation
: the entire product of our silver mines
). not needed for other uses and moi
6 exceed probably so cents per capita
/. will disturb business or commerc,
l. or prove detrimental to our fnancia
IS system, I am at loss to see.
l. In this contest it is greatly 10 b.
S, regretted that the Oregonian, righ
st upon so many questions, should
te in the opinion of many of its staun
'e chest friends, oe wrong upon this
p should throw the vast weight of 1t
vast influence upon the hand that
m while expressing other people
ce bears with equal hardship upo
n the proprietors of the Oregouian
rs The heart of the editor is generall
ry in the right place and sympathise
I'd with those who are wronged an
he oppressed, and it ought to be so i
es this matter. With the Oregonia
I'd on the right side of this question
Il. this entire west. wold nresent a co