The Farmington times. [volume] (Farmington, Mo.) 1874-1902, 1900-04-12
CIVILIZATION AND MONEY.
,.vsErrsa Has Always Followed tss
Production of the Precious Met
aIa-sIINer characterization,

.edirg civilization has come into exist
ence with productive mines and dis
appeared with their exhaustion. IhF
is bcraus" the N0umr ~ money has
been limited 10 the supply ~ gold and
sIlsr. lrDspcrty and progress as in
alg.aLt follow 80 increasing supply
OF money 90. night iuiluvs day, ana
poverty aud want have MwaAs FOL
lowed fhr exhaustion NJ gold and ALL
yer mines Mining for gold and silver
during hr 1900 yrar- preceding the
discovery uI America wus uu unknown
industry The property Of what Wah
once Do, Roman empire was gradually
drawn together by the dcathly grasp
of contraction into fcudal trusts. 4
..W irmla, lords riutod iu luxury,
while the great mass Of the people be.
came srrfs and were sold with the
land.
Go'd and silver from the new world
r,,u'uuurilrd th, old, and in 90 years
after Ma>ico and South America com.
mrurrg pouring cut their treasures a
Luther appeared and all Europe was
u the ihrurs OF reformation. The
new money gave new life aud created
modern civilization For 300 years and
uuui the commencement Of the pres
rrt century the product Of silver,
with Fl little gold, continued Go How
without cessation. Then the Spanish
american war. interrupted mining
md Europe suffered financial dcprcs.
sion for nearly half century. In the
United states the money famine was
less disastrous than In Europe be.
cause tive great Mississippi valley was
uruu 60 ull who would come mud make
home when ihr supply Of public
Ianaa Was fact ur.rr exhausted. and
when Europe was .u tine thr""s ot rev
u.utiuu. the gold o' California and
18.fraul rHmv to the rescue and ere.
teI ar era of prosperity throughout
the world which had 30 parallel In pre-.
,n- HISTORY.
The rlpidty OF the creditor class 20
enhance rh, value Of money and oh
,rHuau. payable boz money induced
Europe and America 90 cease printing
legal tender upon silver and TO print
II upon gold alone The demand for
geld 1,a. -1 increased hy this lcrisla-
,.u fHa, n 90 lr1F, 900 ounce of gold
would nug a- much property In gen.
,rt. 70. Two ounce. off gold would have
bought ia 1870 The u.trd States Oh
r..r,G PARTIAL relief from Mi, drastic
4 80
.r f~.- and the .uraIird sherman act
OF r-.u JOS which over $500 uHr 900 of
.rv m.n,, 1851. printed ou silver and
...f .r circulation The repeal Of al'
.u. r.r Ginning silver into money
....I mari. I'm 1894. and thcrrupou the
.....a. .uf the rpuntr, was paraly red
Iy.rG.....i f,ur .y,ar.. according 10 IN,
.ti-...,..,. ,I.,. mint ,brr, IAN. been an
.,,rrt f..r. the mine. OF the world ui
.,.-. .i..,r,.aD,a ufIffnnt OF GOLD
TIf. .r.rr,nu. and ururrrrd. rird
......., 40 ,.,fr l.. ,.frrrJ IA. uur.
.r....,.. r..,,.- .r what 4. the same
r..... f.-..,.l.,r.,,I Ola. rrirr Of prop.
..., .u.. ,,..r.l.,,r- ~ ,,,lJ r4lr Al
,.......,..,l., f,rt that tlr rntii fry /,
..........r...,,.r,r. rn,, tlor it.v8. thrrs
,.... .... ...g arrur Tint the cold
........I l.... ,,.....,,-,,r. .t,J this result,
rrf.., ...,....g .,,, i,rr, war ,>p,rdi.
,..... ...s a.. 5,., mad ,,bi,c the ..up
.r. .....-r ...... ..l.r.,.l;,, prir., ,,cr,
r...... -..r ,l..., ,r,r,.. .,ii,l NO, ,,.,., =,
Co.. ..,i, t.. .prr,, Of ,,rII y,a. great
.......r,.l n n,,., ,,,urd civ. mi,
...,..,.,. r.,,-. ,.,rrl, ,lr, would 80,
..... .t....,...,.,.,. ..,J ,,, ,or,r
.r ..Is.i.,.. .,,r....,.,.,i,,.