The Denison review. [volume] (Denison, Iowa) 1867-current, 1899-04-21
Dollars and Dollars.

Dollars and Dollars.
The REVIEW has been paying atten-
ton to the bank statements published
i'll its exchanges, and fails to find an
other city of anything like Denison's
size where the deposits are as heavy as
in our banks. Coed, old Crawford leads
them all. 1t seems pity that county
& of such wealth and prosperity should
be afflicted with the cheap money craze.
If our people would only throw off
their prejudices and apply the same
good common sense to the nations
business that they do to their own,
there would be no democratic majority
in Crawford. Let it be understood
that a nation must run its affairs on
the same business principles that an in
dividual does. Every good farmer in
Crawford county is jealous of his credit.
He knows that should adversely come,
his past reputation for honesty will
stand him in good stead, and that
dishonest act, while it may benefit him
for the time, will be an ever lasting
curse upon his future.
If this nation never expected to do
business againit might, laying morality
aside. afford to pay its debts in so cent
dollars. But as it expects to keep on
doing business it must sustain its name
for honesty and fair dealing.
The most honest free silverite we
ever heard talk was one who said he
was for free silver because its passage
would repudiate one half the debts, but
that he would be much more in favor
Of a law that would repudiate ALL the
debts. Such a law might be beneficial
to many over burdened debtors, but
they never would become debtors again
for no man would be fool enough to
loan another dollar if he knew by ex-
perience that he would in all probabili-
ty never get it back.
Again, every dollar has two powers.
it can pay debts and it can purchase
ether goods. 1t is undoubtedly the
fact that debt paying power can be-
given by law to anything no matter
how yalueless. A law Can make a kernel
of corn legal tender for a dollar of debt,
but all the legislation on earth cannot
make man sell 500 horse for hun
dred Kernels of corn. Free silver would
enable people to pay their debts at halt
measure, but it would destroy their
future credit, and when it came to pur
chasing they would soon find that theil
new dollar would not be in it with thu
old. The arguments have been gon,
over SO many times that it seems yer!
much like threshing old straw. Tn,
silver man will tell you that plenty o
money makes good times. and the golt
man will tell you that with our, exten
sive credit system the quality of tn
money is even more important thai
the quantity. The silver man will tel
you that America is big enough an,
great enough to establish its own basi
of exchange without the aid or consen
of any other nation on earth. The gol,
man will tell you it takes two to maxi
a bargain, that the man who tries tt
get married without first getting tn
consent of the girl is apt to get int,
trouble, and that as long as we expec
to have trade relations with other ma
tions we must do it with medium O
exchange that is agreed upon by boil
parties. The silver man will tell 20,
that you will get twice as much TO
your wheat. The gold man will tel
you that while you may get twice a
many dollars you will get no NOR,
value and that by Gripping other in
dustries you will soon find that you arr
not getting SO much. Apply your com
mon sense to these propositions an,
then try to form good common sens
reason why you are for free silver.