Natchitoches populist., 1898-05-13

day. March II, one week from the day
of the inauguration. On Tuesday,
March 10th, a law re-establishing BIZ
metallism passed the senate, and was
concurred in by the lower house the
following day. The rules had been sus-
pended, and a bill prepared in advance
of the session was rushed through; the
speaker in the house sententiously re-
marking, This bill has been debated
for 25 years, we will now proceed to
vote" On the same day the president
signed the bill, and on Thursday morn
ing, March 21st, 1901, the mints OF the
United States were open to the free
coinage of silver at the ratio of l6 to
1-sixteen silver dollars to weigh as
much as one gold doilar-as it was
prior to Feb. II, 1878. Gold was still
in hiding; but its holders were rapid
ly learning that the people could do
without it and another metal had taken
it's place, and would continue to do so
Just as long as gold saw fit to absent
itself or demand eXtortionate prices in
the way Of property in exchange for
it. In the meantime it had fallen 5
per cent premium The fact that stay
laws were being put in operation every
where, and that these laws were in
tended to operate especially against
gold debts, had no little effect in bring
ing gold quickly to par with silver
What 1t meant was that there would
be no demand for gold in the United
States for two years except as people
might voluntarily desire it. And thus,
two influences were operating to take
the demand from gold and thereby
lower its commercial value. TIE great
est Of these two influences was silver
in competition with gold to supply the
demand for money. The Rocky and
Sierra Nevada mountains continued to
fill with miners and all attending peo-
pie that are attracted by great in
dustry. The population of Colorado,
Utah, Montana, Idaho, Arizona and
New Mexico doubled in the year 1901.
The wholesale houses of Chicago, st.
Louis, Kansas City, Omaha and San
Francisco felt the impetus of the new
business made by the active and pros
porous people Of the mountain states.
A stream of white metal, the money
of Washington, Jefferson, Jackson and
Lincoln, was flowing through the mints
and percolating araong all the people,
everywhere. A government of the peo-
pie had been for twenty-eight years
without primary money that would
stay with the people-but the past was
gone and a government of the people
and returned.
VII.
Farming was again profitable. The
price Of farm products was advancing
rapidly. AS they had fallen with sill
yer so had they advanced again with
that metal, Corn was so cents per
bushel and still advancing. Country
.,,a -.
hod nare.s ..s..l -. ~
- =, Aien - ouS' i was
~ a,.,..-e $3.50 80 '4as 'ne o'eielo"olis
a,atas - $50 go, n...lls .. .nen popuia.,oh u
,,,;~ua4.oS i' INC iNi
- - - 1an s'A'es A"a
- IS uiais oh ofeis
''Aa ". ..upa'ion' s0e-
' 'e lA' 'Ha' Lei liiiis was ass'iA
- A1 e@ase q seeonu move
-. - = So = 80 oon. the country:
| -. - .ne ysat i'Vi' sne streets OF
.,.sss 1ass. - suT ~, o,'les io0Aea lhuie VI less
80. eeu ine opie tnat once crowd
~ 'l' ieoAliis lot "ofh, were gone
ous II was ah luminous silence. The
liiAlloiiS u 'neA tolore iuie hands were
ni"hius "eailA that was 10 lateF re-
neo. iss innusnee ~ tnese marts OF
uaae 'nu 'en'ets "a commerce. Inc
aS 4 e'iA1u anu nanu-
iaceufefs e alticies Arom mines ana
.l a;.,as - - ~ poul mug 'ne
othon arn1ora. "a :. eieI No anu
sa.a,, the s,,si.a ~ ,1,@s u1,se ea' p0is ~
hfaha,. ;,. . ,,ooars n ssl.ai .es s,a
| a1S o,,n,a7,os '.,9 I. ~. nseessals ~ hoiu
vra.t 80 r'stss 49, 49,. o.. ~, ~" oleS, ~
p a. rnors - nraet.s,o 80, : - snsss ~ sAsase