Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-11-01

Is striving to obtain for himself and thoss
dependent upon him o sufficient amount
Of worldly goods TO relieve him and them
from want and all of US recognize tbs
Iacs sna an doiin net aou,a pc mere
warfare upon those who have been moro
fortunate in business than their neigh
monetary system which gives the mon
eyed class an unrighteous advantage over
everybody else. Tney are willing for the
an honest dollar but they are not will
ling for them to have what, in substance
and effect amounts to Two honest dollars
A DOLLAR SHOULD BE a MEASURE
MENT OF JUST VALUE.
1t should measure the same quantity Of
President Mckinley has said. TT should
be true as bushel." The true bushel
win measure the same, 81 ali times. So
exactly what the gold standard
dollar does not do, for it is
dollar dollar which d Is a an me time getting
President Mckinley. The man who will
invent a dollar that VIII measure just
same quantity of goods on an average.
viii confer a greater blessing upon the
human race than has yet come from all
the combined efforts of all the economists
ilization was born. AS Mr. Bryan has
well said. we do not claim that bimetal-
n,
to us an absolutely perfect monetary sys-
tenn, but we 90 claim that II will give
us one almost infinitely better than we
now have. That i viii tend TO check the
more stable range of prices, give tho
producer better returns for his labor, en-
able debtor to meet his obligations more
nearly upon the terms of equity, deprive
the money lending class. OF a portion OF
the unjust advantages which they now en-
JOY, and in q large measure lift the clouds
of depression which for more than TWEEN
ty-fVe years have hung so heavy and
dark over the land,
Much has been said and written on the
rising value of the gold dollar" That
she gold dollar which contains exactly
the same quantity of jgole now that 1t
contained in 1873, namely, % 22-l00 grains
OF pure gold, will buy practically twice
as much property, or labor. which is prop
erty, taken as an entirety. now as u
out of its lair on this all important ques-
ton, Quotations from the opinions or
eminent men sustaining this proposition
could be multiplied, ad inhnitum stat
isticians, scientists. historians, econom-
lists, judges, statesmen and politicians all
have been forced by the logic of variable
mathematics, 10 admit its truth.
/ will indulge in a few quotations. Mr..
Leonard Courtney, member of parlta-
ment was member of the Gold and sil,
Yer Commission of England, appointed
by the crown In 1885 He is known for his
learning and fairness, He was one of tho
six members who could not see their way
port that was made by the commission,
he commended that the character and
timss Of the fan in the prices Of n,o s1m
the commodities rather than from an APP
probation of the gold standard, He has
recently come out in an article on this
subject, reviewing the report OF ISM, in
which he says: Let me make a oonfes-
sion. / hesitated little about this par
agraph. | thought there was, perhaps,
more in the suggestion OF an appreciation
Of gold than my colleagues believed; but
while l then doubted l did not dissent.
am now satisfied that there has been am
appreciation of gold greater than l sus-
pected when l signed the report, and
should not be able to concur in the same
paragraph again 81
I'VE have been passingsthrough a per-
iod of appreciation of gold, and no ono
can tell how long it viii last. This Is
private tgGe and public. has increased.
The situation Is serious. Ii IS dreamy
to suppose that gold is stable in value.
undergone a considerable appreciation in
recent years. and industry and commerce
have been more hampered BY its move
ment than they would have been had sill
Yer been our standard
Every step taken towards the further
demonetization of silver must tend TO tho
enhancement of the value of gold. Re-
ported in The Nineteenth Century No.
ia. April, 1888. pages 6l9-6S0
The Most Rev. DR.. Walsh, archbishop
of Dublin, Ireland, In pamphl@ on BIZ
metalism and monometallish, Remark
able for it's profound and seArching
character, says: Colo, as the result
Of a variety of causes, Is stead
lily and seriously increasing In value Mon
ometallism provides no check upon THIS
increase. but the increase Itself ls ia !
great part, due to the changes that SO
many countries have made In the last
twenty-five years TO monometalism.'
But why repeat what others have de-
clared on this point? The truth OF II is
in evidence everywhere. The hopelessness
that Expresses the commercial commune
ties, the enterprises that nave come TO
a standstill the million laborers that are
out of employment the millions whose
wages have been reduced since the trl-
they spin" in 1896, the distress that is felt
among laborers and the humber middle
classes. all tell the same story. that q
standard is also driving the great masses
of the people of this country into hope
less and helpless poverty
REPUBLICAN LEADERS DENY THE
BUSINESS ptsI-k lesion SINCE 1873
AND CLAIM THAT 1T HAS ONLY
EXISTED WHEN THE DEMOCRATS
WE'RE In POWER.
know that It Is denied by many AMI
quite generally by the leaders OF tho
Repu6Gsg paTiy ths rs me Psl eo e wniSf
general depression. They claim on tho
contrary that times have always been
good when the Republican party was IN
power, and aways bad when the Demo-
cratic star was In the ascendant. The
claims, however. OF mere politicians
should always be carefully and closely
scanned. II there Is anything which the
Reconstructed party leadar will nof gem
orally CLAIM. on behalf on MS party l
really don't know what II Is. When such
claims are made, It Is the duty OF every
American citizen TO look back over the
history OF his country and sec whether or
not the claims rest upon solid founda-
ton of truth. We know. as a matter OF
fact. that the great panic Of 1918 came up
on this country when the Republican par
~ was In complete control Of the govern
rnent we know further that the pant
Of 1882 with the depression which follow
ed it, also came upon us while we had~
a Republican President and the govern
ment was being run upon strictly KepuD-
lican principles. We know that times
were no worse In this country during the
first administration Of President Glove
land than they were during those OF Pres
ident Hayes and President Arthur who
prCeeIed him There was great and uni
vera. revival OF business during the
years 1901 1882. or late. Republican ora.
tors have been pointing 20 the last named