The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-07-27
GHSlh OBSERVATIONS.


Charleston Gazette: u our cir
sculating medium were limited to
Ijnst what gold and silver money
there is in this country we would
then understand and appreciate its
Isinsuffciency TO meet the demands
Iof trade and business So many
persons would want The same. dol
lar at the same time, that It would
be impossible to effect exchanges
rapidly enough and business would
languish; the rate Of interest would
be high and Borrowers could not
I;be accommodated In time bust
ness and the prices of property.
commodities and labor would ad-
Just themselves to the condition.
but even after this would be done
the evil effects Of contracted cis
enlation wonLd remain, money
would be scarce. hard to get and
powerful. while prices of commo-
dities would be correspondingly
low. Under such condition there
would be no difficulty in getting.
the government to open the mints
to the free coinage of both silver
and gold; the demand or need for
more money would be SO evident.
Well, gold and silver is the only
real money we have, the paper
money in circulation has no intrin-
sic or inherent value, but is for the
most part a duplication of a like
amount of metallic money. Thus
we practically make two dollars out
of one, or what is the same thing,
put both the original and duplicate
out in circulation together. But
even this expansion of our money
does not give us as much circula-
ton as we need. Why moi then
coin more silver.
1t is quite probable that the
greater number of tho wealthy
class honestly believe that it is for
the best interests of the country
and of the people at large that the
greater portion of the country's
wealth and capital should be in
their possession and under their
control. They no doubt regard
themselves as its natural and prop
er custodians, and that the course
of nature which is supposed to
move intelligently has drifted this
wealth into their keeping in conso-
nance with the eternal fitness of
things; that it has come to them
as the fittest to have it. and that
not only their own interests.
but that of the whole peo-
pie are best conserved and
protected by this arrangement.
1t is not difficult for those
who happen to be the favored few
to persuade themselves into be-.
lief of this kind, and we do not ex-
pect the chief benefciaries of any
condition or system to point out
it's injustice and unfairness and be
the first to try to remedy it. 1t is
hardly necessary to bring argu-
ments to prove that these claims
of capitalists are sophistries.
Everyone knows that it cannot-be
best. for comparatively few per
sons in this country to possess and
have absolute control of the prin-
cipal part of its wealth, capital and
resources which may be used by
those who possess it to the detri-
ment, oppression and practical en-
shaving of many others. who have
but little if any of these necessary
and essential things of life. The.
capital and wealth in existence at
any given time is for the most part
the surplus accumulations result
ing from labor prior to that time
and at least one of the natural pur-
poses of this accumulation is to
support labOr6r5 while producing
more of such things. In moral
sense this surplus is a common
heritage something that all the
people have an interest in, but in
fact it is a private possession.
Beginning Saturday evening at
7:30 O'Clock at the Heights
Church, a protracted meeting of
the Christian denomination will
begin, and will continue every
evening for ten days or two weeks.
The meetings will be conducted
by Rev. S. v. Hartley. The pub
lie invited.
The ladies have completed the