The Farmington times. [volume] (Farmington, Mo.) 1874-1902, 1899-04-20
A LARGER yoLuAE OF MONEY.
That Il What Il RsqaiFsd 10 Stimulate
Buslasss~-i Sss.75 conlrastcd
With the Present.


city. 81 the course Of oag CONVERSE
ton he said
81 am surprised to 5nd you d silver
tie; thought you would naturally be
a Republican ="
In the sense as expressed by Ex-
President Harrison, 10 bis appeal TO
foreign poNrr- to help u, bring about
the use Of silver, I gm sill with the
party Of Lincoln, replied, "luu
remember, President Harrison said
Il; !, the opinion Of the President, and.
rs Do believes, Of the people OF the
United States with siugular uuauimlly,
that full Use Of silver - a coined
metal, Ut q ratio to gold to be liN3l by
agreement between the great CONNER
cjt nations Of ia, world, would very
highly promote the prosperity 81 all the
people u the eJuniric, Of the world. - ~
ibid rrcsidcn, Harrison write that
Why, he was nay idi! President /
am surprised -
''Uh, ye-, said | "sBi stronger
silver sentiment, than that wcrs u,al
in tho Republican campaign OF 1896,
showing that the Republican parry was
always ia favor u silver
''what ,ttuugri sentiment thna that
was used 10 the camuaisns" Dr. M
quircd.
Zinc party issued pamphlets sh1w
iag IhH Republican legislation always
favored tine greatest pD-sibir u.e Of s,'-
yer, said L. III remember one iu
which g. said For sixteen year. the
Republican party has commended for
tac larsc-l possible use of sllver and
under lhc operation Of the acts u 1873
aud 1890, more silver has been coined
and put 60 money use than Ia all the
year, preceding such legislation. '
"Wrrc The recognized leader, OF the
Republican party iikc blaine. Mckinley
and the rest, ever free silver men
he asked.
"rhcir public u'lcrances were AL
ways for an equal u-r uf both meltl.
Mckinley believe, lie flee silver tpIIy,
but hr Is iu the hands OF Mark Hanna
lul the money trust. aud hasat the
moral courage 20 break the bonds and
ail thc people 90 their heroic struggle
iHg existence.
After p short pause, resumed
"Du not understand from this that !
am crazy ON silver What want Is
more money, and il gold can be sup
piled iu sufficient amount to give us the
required volume not only 20 check this
mIunus fan in prices, bat also % -tim-
uitlc an advance aud restore old-tImc
valuns and bring back those good old
days Of prosperity, such a. we hal
from 1868 10 1873, then gold would
be good enough for me.
s.Alus' we shall never see those days
again, he quickly replied. 81 made
all my money then. a man could not
help making money IN those days but
you will never see The like opportunity
agaiu Th-rc arc too many people in
business uuw, and everything Is over.
done. | have made nu money IN my
business lyy fifteen years, and the profits
OF my mills have all brcn swallowed up
in the shriHkIge ui what h. left
cannot get 20 cent, on a dollar OF their
original cost see. lhtt is where 1t
ha, been sunk had 40 business 10
own the mills; ! should have handled
the pgoiuct only on commission, and
let the -hriukagc Of stock aud mill. fall
GA the Stockholders. Egadi could
800, forrscr an this. Why, IN 1872 !
5easht slpp,uGu Of United State. bond
and gntc them TO my wife She has
never touched them since. With the
premium and interest earned on them
up 10 today, she i=wofth nearly a quar-.
ten Of q million. Jusi think Of Il, and
! had over a million dollars in mill
then, and could not got
$500 900 for It today How could T.
Some Of the @:;!la ase closed, and wc
have lots Of goods on hand. have
sold the same kinl OF goods for 50
cents that / offer now At Ia cents
per yard, but my customer said he
could buy them for cents, aud o.
fcred me- = cguls. lou can see thai
il this thing keeps on, shall be com
PEELED 10 look to my wife for maiu-
teuancu. Therefore, think the Tn
tied States bonds are good thing for
tho people, because II everything else
fails, and we have United States bonds,
sc Cau live on them"
"Iial, sir, said |, edo you not see
that the Government must raise money
10 pay the interest on i;s bonds, aud do
1t by taNaiioug And u everything else
fails, a. sou observed, how could the
Government collect this money Oh
which sou arc depending in your last
extremity! Aud do you not also sec
that, had your mills and products held
their original value, you would have
wealthy miag''
"oh, yes, ~ he replied, to the Lac.
part ouly Of my inquiry, "but how
could you keep prices Up whou every.
ono wanted to self aud there were no
buycrss"
'lIuw could I By simply issuing
mora money. Double your money,
double your prices" replied.
"Whal! Fiat money!"
"Now, my dear sir, did YOU ever
sec any money that was not fial?"
"Yes, sir; gold is not fiat money
Excuse me. but sou are mistaken
On lhat point, for IL was fat that kept
the gold dollar al par for years In this
country. In the language Of gold
standard men, there was oHiy % per
eeut Of gold III the gold dollar, and the
other per cent Of Hat kept the gold
dollar At par with the silver dollar, Just
"a ftsa las ,4.ssss Iaas.n tEm aElssax 4yMtf..