The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1898-03-03
WHO ARE THE REpuprAToRs.


are loud in their advocacy thereof,
claiming that paying our enormous out
standing bonds in anything but gold
would be reputation. The bonds read
payable in coin, so that the contract
does not say gold, and the real repudia.
tors are those very gold gentlemen who
seek to violate the contract. Webster's
dictionary defines repudi .tioD, "The act
of repudiating or disclaiming; as the re.
pudiation Of doctrine, a debt, wife,
ETC." These gold advocates repudiate
the contract. A contract to pay 30
many bushels of wheat in corn is coed
in law. When it suits their interest
gold advocates would violate the law
and rob the taxpaying people.
They nre full of predictions that do
not come true. In 1s7S.79 during the
discussion of the Bland-Allison act they
said issuing silver coin as proposed
would bring ruin. Our bonds would de-
preciate; the governments credit would
be gone and our gold would all take
fight. Their prophesies were full OF
horrors, but proved hollow and false.
Gold increased enormously in quality,
silver bullion advanced in price, the
government credit improved and busi.
ness and trade took a fresh start, bring
ing prosperity throughout the land.
What have we had since the repeal of
the silver purchasing and coming law in
1893, scheme Of Grover Cleveland and
the Republicans in congress. Mr.. Nc
Kinley thereafter in his speeches de-
nounced Cleveland for his gold policy
and hostility to silver. Where is he
nowP
Has not the experience Of the last 30
years demonstrated the importance of
free coinageP Closing the mints to
silver in Europe, in India and Japan
and in this country caused the decline
in the price of silver bullion. Prior to
this unholy war on silver it ranged
above par as to gold. And only
a few months since, when the directors
of the Bank of England declared their
intention to keep onefifth of the bank
reserve in silver, the price Of the white
metal at once responded. These are
facts that should enlighten and con
vince, but, "if self the wavering balance
shake It's rarely right adjusted"
There seems to be no end to the fool
ishness of the gold standard people and
their Republican organs. In one breath
they say gold has not appreciated since
silver was knocked out in 1873, and the
next moment they admit, as did Secre
tary Gage in his late address in Phila
delphia, that, owing to the great fall il
price the dollar will today buy far NOR,
of commodities generally than in 1873 Of
at any time since. This is an admission
that gold, the standard of value, ha
greater purchasing power, that is, ha
appreciated or risen in value. Thes
goldbug gentlemen also boast that Will
wages of labor has fallen, the lahore
can buy much more with his money
thus admitting away their whole case
Contraction of the standard money ha
; appreciated the dollar, and this is see
in every way.
The fact is this process by interferin
with business and trade to their injur
and ruin, and doubling debts and t
that extent benefitting creditors, is NO
met and answered by the Cages an
other clamorers of that ilk. The trut
is they cannot meet the points presene
in fair argument. They seek to blin
people by harping on the great increas
in the production of gold, taking car
never to refer to the amount OF the ye
low metal used in the arts for watches
etc. The increase of trade and busine.
from year to year requires an increase i
money. and the addition by increase
production of gold is not sufficient {
supply the demand. Bradstreet's tab
n of prices for February l shows tina
:, based on the average cost of ninety-eigt
staples, one dollar will today buy {
much as would $l.45in 1890 and as muc
as $1.27 April l, 1898, it follows th'
gold has appreciated in purchasir
power since these dates 40 and 27 p,
). cent respectively.
Is it not manifest that the disast
|, and hard times OF recent years are oy
u ing mainly or wholly to that legislatio
Q which made gold the Standard This tt
8 was done at the dictation and in ii
interest of the money magnates wi
h have the world in their clutches,