The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1899-11-10
The Cause of Free Silver.


leo and Peru rejuvenated Spain and
caused her 10 lead all the world in civ
ilization and spread its dominions over
large portion OF the globe. Tae grand
march Of civilization has been during
the era of great and continuous in
crease OF money supply.
Money supply for the world was in
terrupted Mt the beginning Of the pres
ent century by revolutions in the Span
ish South American states. This caused
an era Of falling prices and general dis
tress throughout the world during the
first half of this century from which
America was relieved in large meas
ure by the inflow of emigrants bringing
with them what money they could
gather and the occupation OF large.
rich tracts Of virgin soil. The gold dis
coveries of California and Australia,
with a cessation of strife in South
| America restored money supply and the
conditions of prosperity again became
universal.
Never until the act of 1873 demonetiz-
| ing silver had become an established TACT
was it suspected that a conspiracy con-
sisting of the worlds creditors was oper-
ating to outlaw either gold or silver for
the purpose of restricting money sup
ply. The success of the assault upon
silver by this worldwide and powerful
creditor combination has had the ef-
feet of doubling the purchasing power
of every ounce of gold in existence be-
tween 1873 and 1894. The extension OK
the gold standard to Russia, Japan and
the attempt TO extend il to Indie con-
stitute a menace TO the future pros
perity of the world. If the people of the
United States fail to restore bimetal-
ism, the gold standard policy will be-
come universal as the people of no
other nation have the power TO success
fully oppose the powerful creditor COM
bination that is forcing the gold stand
ard upon the world.
Throughout the history of the world
it has usually happened that money
supply was relieved by an increased
yield of silver at one period and an in
creased yield of gold at another. 1t has
seldom happened that the increase OF
gold and silver was large at the same
time. Thus, if the world had been on
single monetary standard of either
gold or silver, we have no assurance that
the conditions would have existed that
would permit the development Of such
a civilization as we now have. The in
creased supply of gold from the reefs
of South Africa. from the newly dis
covered placer beds of the klondikc,
and the discovery of the cyanide process
has wonderfully increased the supply
| of gold within the past two years. This
; increase in money supply has checked
the fall in prices, relieved the strain
2 upon money throughout the world and
. is perceptibly felt in an improvement
{ in general conditions. The result is
G that the known gold fields will be
: worked day and night with all the pow
: err and force of modern processes and
. modern machinery until they are
I worked out During this period. how
: ever, should the people fail to careful
/ ly guard their interests, the gold COM
I bination hope to firmly establish the
4 gold standard not only in the United
l. States but in India as well. If this is
j done it will only be few short years
i until the draught upon gold will be
Y many times as great as the supply and
y the world will have to face an era of fall
ing prices indefinitely. Therefore, the
v intelligent people of the world will not
! abate one jot or title of their efforts to
V restore bimetallism.
l. The republican party.which has fall
y en- irrevocably into the hands of the
t money power. trusts and monopolies
d will still stand for the gold standard.
l. The money kings through their enor-
nous patronage will continue to con-
II troll the metropolitan press. but the
e great intelligent masses of Americans
l. who are TO live and prosper by their in
Il dustry and labor and who desire "a
d leave as an inheritance to their children
II conditions of prosperity, will go stead
q tasty on and drive from the control OF
IS the government the agents and attor-
neys Of the gold combination and mo-
= nopolies. Upon every question OF pa
e triotism and morals and humanity the
Is democratic party is in the right upon
r party issues as now defined, while the
/ republican party is simply the servant
lie Of the minions of greed who are con
N federated for public and private plum
II der.-National Waterman.