Staunton spectator and vindicator. [volume] (Staunton, Va.) 1896-1916, 1898-09-15
Is Silver Desd :?

The death of silver has been so fire.
quently announced that it has become a
habit with many, and when they have
nothing better to do to get up alittle stir,
they arrange fresh funeral for it. Now,
let it be remembered that silver as a
money a0iU neUe1 die. Any money that
has lived as we know Tor period ante
dating Moses will never disappear with
one defeat, especially when that defeat
was secured by fraud and by purchase.
1t is not our intention to discuss the
magnitude nor manner of fraud entering
into the defeat Of Bryan in 1896. No
honest man has ever denied the fact that
millions upon top of millions were used
to accomplish that defeat, and no honest
man has ever denied that more money
was necessary to accomplish it than any
defeat in the history of this country.
Nor Will any man, honest or dishonest,
deny that every National Bank, every
trust and corporation, and every manu-
featuring establishment, with possibly a
few exceptions, contributed not only
to that fund. but by coercive measures
influenced the votes Of the men under
their control against Bryan.
With this effort they succeeded for the
time being, but as truth crus hedto
earth will rise again." just so surely
will silver occupy a position as money in
this nation before the fight ends. 1t is
absurd to imagine that the trade of this
county can be carried on with the gold at
present in circulation. There must be
money in proportion to the trade of
every country, and we do not have it.
When we have overlooking CARRIERS,
wheat is low. When we have famine
wheat is high. When we have more
property than money, property is low,
and vice versa. That is our present con-
dition. This talk of money being plenti-
full is untrue, it is dastardly delusion.
Of course when limited quantity of U.
S. Bonds are put upon the market there
is money to buy them at once. When
the 5000, 900, 600 were put on the market
few days ago the bankers and syndi-
Gates of monied people scooped them up
at once because that placed 5000, 900
of their property where it could not be
taxed by State OIL Nation. But suppose
twenty billion dollars of U. s. Bonds
had been offered for sale, would the mon
ey have been forthcoming to buy them,
and would the price paid have been above
par !? Certainly not, because the supply
would have been above the demand, and
the quantity for sale greater than the
money available with which to purchase.
Then the bonds would have been fiat and
unstable.
Our farm lands and our crops 60 into
the billions, and there is more of this
class of property for sale than there is
money to buy with. The object of the
money lender is to diminish the supply
and then he makes his money yield great
Ell usury. If one man OIL a few men have
all the available wheat, wheat goes up,
say to $1S5, where the Letters put it.
who had as they thought gotten it all.
| This is called a corner. When few men
have all the money they corner 1t, just as
Letter did the wheat, and the country is
at their mercy. This is what they have
done, they have cornered the currency,
and they do not want the volume increas-
ed by any other currency, especially sill
yer, hence their fight against it. But sill
yer must come back as a money, and the
| present taxation will restore it quicker
| than anything that could have happened.
| High taxes create hard times, and nation
al distress, and national distress creates
| change, and change brings relief, Oh
national downfall, it must bring moEey,
or bring strife and internal commotion.
1t will bring money sufficient 10 carry
Oh the trade. If trade as we are asked
to believe is carried on, on credit largely,
is could be carried on altogether on cred
| it, and to talk thus is to talk as a fool.
Silver will be live issue in the next
campaign because the trade of this coun-
try is increasing, as our territory is in
creasing, and the increase of territory has
not increased our volume of money.
What then are we to do? leave the
standard gold, and do the rest on credit ?
Such stuff is beyond credence with people
| who are not idiots. We have heard Sc
luton offered. 1t is that the government
go out of the banking business. What
does this mean? 1t means turn over the
money making and the money volume to
the national banks. 1t can mean nothing
else, there is no other place for it to 60.
But we warn the banks to cease this az
gument. The peril of that demand las
not been fully understood. 1t is the
most dangerous scheme to human liberty
ever devised. This government might as
we'll have turned Santiago over to the
Cubans as to 60 out of the banking bust
ness. The loot and lust, and rapine of
the Cuban would have been no greater
IN his way, than would the loot, and lust,
and rapine of the banks become, if they
were given the rights they demand and
the license they crave Silver will des-
troy this, it will save the loot of the peo-
pie, and it is the only thing that will
save it.
500 Reward 500.
The readers of this paper will be pleas
ed to learn that there is at least one
dreaded disease that science has been able