The representative., 1901-05-02
The Value IL In the stamp.

lished by the different legislative bodies
of the several nations of the globe. Each
nation has It's own standard establish
ed by it's own laws independent of all
others.
We were in conversation with a gen.
tleman few days ago, who claimed.
there was gold enough in this country
for all the requirements of the nation.
If such is, or has been, the case why
did Old Grover saddle debt on the
American people that when paid will
amount to about $5OO,00O.00O? If that
gentleman had been very observing he
might have seen when the comptroller
! of the currency few months ago sent
out circulars to those engaged in the
manufacturing of fine wares, to ascer-
| tain how much gold they had used dur
ing the year. He supposed, there was
! $1,000, 100000 of gold in the United
States, of which sum he found $4OO. .OOO,-
900 had taken wings and fled, leaving
the other $6OO,0O0,000 to do the business
of this great republic; and the greater
portion of the latter sum is tucked away
in Shylock's strong box.
1t appears that Shylock is not satisfied
! with the oppressive burden that little
bit of yellow metaHis bearing, but wants
it to become responsible for $500, ,OOO, 900
silver in order to b1ndit by another end
less chain. The records of either an
cient or modern ages1~tell us that this
| little God of Mammon, to whom the
oppressors of man4bow down and whom
they adore, is a great coward. When
it's country is in trouble, even on the
verge of destruction it takes wing and
departs. When it's country has been
drenched with blood then it returns to
further oppress tFiei 1ictors and van
quished. We need not go beyond the
boundary of our own country to prove
this, as it is within the mem
Ory of all who were old enough
! to shoulder gun the time
our country was crimson with the
! blood of it's patriots. Statistics tell us
that the mortgaged and bonded indebt-
| edness of this nation in round numbers
is about $4,000, 100000. Some of our
gold bugs will please tell us what per
cent. $6O0,00O,0OO will pay on debt of
$42, 900, ,OOO, ,0OO The people of this coun-
try will get posted in the matter in
! due time.
1t may not be known to many that
the most gigantic trust in the world is
about formed in London to control the
output of gold. The richest man in that
city Alfred Belt is the prime mover in
the matter. When that is completed the
small fry may take a back seat All
nations in all ages had or have what is
called money or currency, which at diff
ferent times was of one substance and
then another, and the value ascertained
by it's government stamp.
At one time in Greece, leather was
their currency, and it's value determined
by it's government stamp. At another
| time the currency of the same country
was iron, and in like manner it's govern
ment stamp decided it's value.
In Venice from the thirteenth to the
end Of the seventeenth century, gold,
silver and paper were the currency Of
| that country and paper was at prem
ium of 20 per cent. over either gold or
silver, and that country had to enact a
law to prevent it's going higher Paper
| money first appeared in England in 1893
, when Billy Patterson and his twenty
! four schemers got charter from the
British government granting the right
to issue paper money and it is stated
in that charter that the notes of that
bank are equal to gold Independent Of
any act of parliament that might ever
| follow.
The uniform price of gold was estab-
lished by act of the British parliament
in 1874, that act declared that for every
ounce of gold that should be presented
for sale at the counter of the bank Of
England, that bank must pay Sc It's Cd
for the same
While there is gold to be found in
the British Empire they failed to find
silver, while in UNCLE Sans mountains
one-third of the silver of the globe is
found. Therefore the reason Ernest
Seyd was sent to, this country with
$5oo,ooo in his pocket to purchase a
few Eastwood conrgessmen in order to
| deprecate our silver and rob our peo-
pie of one of the most valuable products
of this land to enrich England.
Some may say we are a little strong
in our points, but we find not long since,
two Atlantic greyhounds left New York
with 25 tons bar silver each, which was
bought in this country for about so cents
an ounce and when coined in London
was worth $1.29 per ounce. We will
| take cursory glance at few of the
| acts that were passed relative to cur
rency in this country. The. constitu-
/ tion of the United States, article first,
! section eight, says:
Congress shall have power to coin
money and regulate the values thereof
and foreign coins." Tiffany on consti-
'pt'onal Law, ehaptal = section 4oe,