The representative. [volume] (St. Paul, Minn.) 1893-1901, 1899-02-01
THE PROBLEM OF THE PERIOD.

Paper Read by A. n. Cnrhart Before
the Midwinter Grange at Center
VILE, Wis, Dec. 3.
Men and women are perfected by the
physical. mental and moral environ
ment, education and training they re-
ceive and until the people of our newly
acquired islands are better fed, better
clothed and better housed, they will be
Wavering in their allegiance and the ef-
forts of teachers and preachers will be
of America undertake the resuscitation
of the impoverished people Of these ISL
ands with high-priced money, whose
original purpose was and whose one
effect is, to lessen remuneration? This
is the barbed point of the question which
touches the financial nerve, one way or
the other, of every man (and l might
say of every woman and child) In those
countries and this, l say every man,
for If silver should be restored to it's
legal status at the mints and again be-
come standard; thus restoring the equit-
able value of money, and the parity be-
tween property, products and money
prices would rise and remuneration be
increased, which is all there is of pros
perity.
l challenge your minds to appreciate
that this Is the pinacle of opportunity
for the United States to uplift humani-
ty the world over.
When Gladstone, in 1870, saw the
United States passing England at a gal
lOp, 1t was on cheap money, or green
back prices, as compared with her own
gold prices, but if high-priced money
prevails and is enforced upon these i'm
poverished islands and at home, remun-
Grafton will be reduced and as the
scarcity produced by the partial famine
abroad last year, and the effect of the
war wears off it will be very much re-
duced. l need not challenge your minds
to appreciate what the consequences
plished the prediction OF the European
Originators of this scheme made to the
agents of the Confederacy, who were
there trying to raise money in 1868, that
the South should not be too much ago.
nized at the overthrow of American slav-
cry. That they were manipulating the
money of the earth to enslave the labor
thereof.
What were the measures by which the
gold men proposed to accomplish this
result? First, to demonetize silver as
a standard money, thereby reducing the
quantity of such money one-half. Sec
ond, to intensity or double the value or
purchasing power Of the half left, which
was gold alone. in which all bonds, mort
cages, notes, or evidences of debt would
be payable. Third that this reduced
quantity of redemption money could be
withheld or supplied by concerted act
ion of money centers, to suit the pur-
poses Of operators Of speculation, in a
word, cornered, thus endangering the
whole line of paper representatives of
money dependent upon gold alone for
redemption and placing the whole COM
mercial world at their mercy. 1 submit,
that whether we know it or not it
makes not one hair black or white as
to admit it, makes not one shadow Of
difference as to the result. The fact re-
mains that to the extent to which the
reduction OF the standard money of the
leading nations of the earth, effects
prices, the productive labor of the earth
is enslaved. Every man, white Or black,
whether we will or not
l make little difference in the integrity
of the rank and file of the different par
ties. 1t is the half dozen men, more or
less, who lead the parties that are cul-
pable when things go wrong. Upon this
question mems interests are too vital
and they should be too well informed to
be either led or drove. Lincoln, who had
doubtless been approached on this ques-
llOL, oCiu LAS 81 CdlCSt u lllc d SOSCi IL
ment could commit against its people,
was to change the value Of their standard
money. When we have leadership like
Lincoln's we have a government for the
people, but when party leaders represent
money manipulators, bond holders and
corporations, it is time for the people
to draw together; to the thirty-five mil
lion of farmers who supply the entire
sustenance at home and 67 per cent
of the commodities for exports this
question Of remuneration is important,