Phoenix weekly herald. [volume] (Phoenix, Maricopa County, Ariz. Territory) 1896-1899, 1898-10-13

| what they got last tfme-nix.
Two years ago the question forced
into politics by the Democratic party,
for it then had no other question upon
which to hang hope. was that of
| free and unlimited coinage of silver
without co-oneration with any other
nation on earth" The claim then set
| mp and vigorously sustained was that
| the desperately hard times that then
prevailed and had prevailed for some
years. was caused by the so-called ''de-
mOnetization'' of silver: it was even
asserted. and as loudly maintained.
that the low price of wheat was caus-
ed by the refusal of the nation to use
rs money al the silver that could be
loaded onto it by the world. Time has
proved the utter fallacy of both those
aS>eriIUus. Dur 1I.rtioII Is..yesI- +s1lfs,vss5I
greater prosperity. as nation, than
it does today. Vet silver is as much
''demonetized'' today as it was two
years ago. How are our free and un-
limited silver friends going to get
away from this fact without misrep-
reSentation? It is a bare. solid fact
that every intelligent reading citizen
of the nation knows. They cannot get
away from it. They will assert that
there is no prosperity: but the exper-
fence of the people of the nation at
once reiegates that assertion to the
proven that silver has had nothing on
earth to do with the price of wheat
Silver has remained where it was
wheat has enjoyed splendid prices for
the last two years. Is it any wonder
that the people of nine-tenths of the
Union assert that silver as a political
nropOsition is dead? Prosperity has
come TO the nation through an enorm-
Ors increase of gold production and
CONSEQUENT increase of money per
capita in the nation together with a
consequent reduction of the volume of
nort%a %ed property and so great has
been this prosperity that the nation
has carried on a successful war with
Snain on a gold basis. 1t was said
that gold would be retired in case of
ful during the war and now. at the end
of the war. continues to increase in
volume. But silver is in use as money:
the government continues coming over
million dollars per month of silver
and nutting it into circulation and will
n 6011l n -
the demand for silver money requires
it. The practice of the government is
TO furnish as much silver as trade will
Use: no more than that could he rea-
SOnahlv expected. OF course the re-
fusal of the government TO continue
to purchase silver wholesale and pile
it up in the vaults at Washington. and
the refusal of the people to receive a
dollar of less than q dollar value has
heen Il serious backset TO the silver
mine owner. But that has been no |
more to be complained of than the
fact that the enormous cotton crop of !
last year and this have reduced the !
price of cotton TO the lowest point in |
twenty years. The same natural laws |
of commerce control in each instance |
and neither individual or government |
can Great and maintain a greater value |
for cotton or for silver than the COM
merce of the country and the world |
Will accept. Prosperity reigns from one
ocean 10 the other and the price of
wheat never has been better and the
argument that hard times and low
prices prevail as a consequence of the
position of silver falls fiat upon the
people; they have seen opposite facts
prevail.