The Farmington times. [volume] (Farmington, Mo.) 1874-1902, 1899-09-14

INTERCHANGEABLE MONEY.
Financial rtneh To whIeh
We Have Come.

Doubtless the trainers of our eonSih
tutiou foresaw the possibility OF JuEt
such a a,atc Of financial pinch nS the
great masses to-day are undergoing In
this country, or they would not have
designated both gold and silver as q
commodity that congress should have
power 90 coin as money, But read as
one may, between the lines, and mo-
where can II be reasonably concluded
that that instrument empowers con
gress TO make either the superior, or, In
other words. one rcdeemable In the 9th
or. Both metals when coined under our
constitution nrr irrvdcemable. Our
gold standard friends who really under
Stand ths financial question are fully
aware of the fact that to make coined
silver rcdecmnbls In gold coin would
he fragrant violation Of the constItu-
tional right in regulating coinage. Nor
do we apprchcnd that they seriously hr-
iieye that the great mass Of the voters
Of our country would tolerate such VI
olation, even could congress he elected
corrupt enough TO attempt II. Ia IL
not, rather, reasonable that q diversion
Of sentiment Ia really more their aim,
50 as 20 keep unlimited coinage ~ silver
from becoming a fixed factG With the
present conditions al products aru
measured by the gold dollar as effect
unlly as u the silver coin were redeem.
able in gold coin, says ID. T. stephen
son In the Mississippi Valley Democrat.
The law Of supply and demand has en-.
hanced the purchasingpow the gold
dollars: but lct unlimited coinage of
silver obtain and the plenty Of our cir.
culating medium will as naturally de.
crease the purchasing power of gold ns
will a plentiful harvest cause the farm
crs' crops TO sell at lower prices than
II there were a general crop failure In
all crop-producing countries. Policy ac-
tuates the money lender and the mil
lionuircs and trusis and combines OF cur
country. 4 few poor trucking pOliti-
Cinns, who know better, dance 30 the
interest of the money power, some for
popularity. and some for what there Is
In 1t TO them individually. liut the
mass Of the votes that were east in 1900
were east from prejudice and a blind
| infntuation 10 follow certain "disgrun-
| tied" demngogues. rirh, or wrong. The
great mass OF our voting population are
both intelligent and honest, and cor.
| rupt leaders cannot impose upon them
indefinitely. Nor will party name deter
or blind them when they see. and real.
ize By experience. that those leaders
are wrong or kuavish True. few, per-
haps, would vote for Satan were he n
candidate nominated hy their party up.
on any platform. Hut not so with tho
ma loriiy. What the mass of voters to.
day want is plenty Of money; and that
good money. However there is some
difference uf opinion rs to the methods
I hy which Il cnu hc accomplished. All
agree that an interchangeable circulnt.
| ing medium Is good enough, provided II
is one and the same IN purchagiug
power. Hence. when we say open tho
mints to coin both our gold and silver
and issue coin certificates 80 that hold.
crs of either gold or silver coins can
swap paper. dollar for dollar. nr vice
versa, who will say that one dollar ia
not as good as another? OF course ma
tional banks and millionaire money
lenders could not be expected TO np-
prove of such a currency, but Il would
suit the grcnt masses. No 'rock.ribbcd
democrat" who truly understands the
| financial issues should have amy desire
that there he any money Tedrrm0hlc
save that Of paper issued by our gov
| crnment, and let either gold or silver
do Il, at the option Of our United States
treasury, the same as the applicant can
choose whether he exchanges gold or
silver for the coin certificates. Free
coinage, sixteen TO ohr, and coin yer.
| iiiicaies would claim enough interested
voters In 1900 to carry the day aud down
| the money trust