The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1899-11-03
THE STANDARD HOCUS-POCUS.
Choose Between Scarce Money with
Low Prices and More Money
with Higher Prices.


Double standard is misnomer. So |
nlso 10 single standard, monometal- |
ism and Dmetallism. The word stand |
ard presupposes stability, but in Jed
eral money there is no stability. By
the concurrence of the American gov
eminent bankers AID importers will
sometimes in the course Of month or
two export many millions of dollars in
gold or silver coins which are coined
into legal tender money to provide
for the general welfare" of the people,
thus destroying the standard of value;
and a large consignment of gold from
the Klondike or Cripple Greek viii IN
fate prices, making our standard as
unstable as the wind. No man can re-
flute Eryans logical reasoning that IF
an influx Of gold from the klondike
will make times better for business
more money will make times still bet
err" Suppose that increase of our
money is silver or greenbacli legal
tender. "All the same"'it makes more
money and bigger prices for labor and
products, and if we do not promise TO
redeem them in gold they will not be
presented for redemption. Take the
silver dollar as example. They are not
presented for redemption. Why Be
cause there is no law for their rcdemp-
ton. Yet they stand at par with gold
money which the government so much
delights TO honor. Let any man take
off his political eyeglasses and look at
the question log.~..lly. Is his interest
better subserved by the government
PROMISING TO redeem his silver money
or his greenback money, or to make
it a legal tender and compel every other
man in our government 10 take il at the
face value from him? The truth is, we
/ have no business with an international
agreement on the ratio of weights in
/ our coins, as they are not coined and
made a legal tender in any other coun-
try but our own. If man wants TO buy
goods or pay debt in Europe he does
not send gold money or silver money
or paper money, but bills of exchange
and one kind of money will buy as
much exchange as another, and the
price of the metal in il cuts no figure
in the transaction because the money
he has is left in this country that ere
ated it, and it was intended 10 serve
the people here and should stay here
1t is as much of an injustice TO 1.-THE
general welfare" TO export gold or sill
yer ccins, thus contracting our money
and reducing prices OF labor and prop
erty, rs il is TO suffer counterfeiteri
to initiate prices without authority o
congress. The Gresham law. cited b.
Mr. Keller. is a kind of hocus-pocus il
finance. Ifcongress controlled money a
it ought to do there would be no none.
worth more or worth less than anothe
kind, and no basis for the hocus-pocu
Gresham law. Congress should max
il the same crime TO melt or expor
our money which il had prepared 70
our use as TO counterfeit il and max
more. The whole equation of none
can be relegated to two equivalent:
scarce money and low prices Gas pc
gold standard, for that is the NEAR
ing Of it), and more money with higl
cr prices (as per free silver and leg;
, tender paper. for that is the object c
that). Do YOU want higher or lowe
prices? "Choose YOU which you will.
and vote that way.-Mississipp Vale
. Democrat.