The DeLand weekly news. [volume] (DeLand, Fla.) 1887-190?, 1903-01-01

Dec. IS innocents' dayS d. On by the
10 wales the most unlpJalifornia in ls49,
,od times until 1857, when
~ 80, again at the demands of the
~ers, demonetized all foreign
- ), This reduced the circulating
b medium nearly 300 million dollars-in
n.that day there was large amount of
foreign coins circulating. This was
followed by fearful panic. Soon af-
ter the war came on, and then came
the act of 1873. This act again was
at the demands of the bankers. And
then in 1898 they put in their oars
again.
Now Mr.. Reed would have us be-
lieve that the Dingley act gave US
prosperity, when in fact it had moth
Ding to do with it. Three causes led
ito the prosperity alluded to. First,
the world was short on all that man
land beast subsisted upon. We had
most bountiful crops we ever had.
Ne fed the world. Our exports
y Jour imports ran up into hundreds
of millions of dollars per annum.
Second, the Spanish war came on and
we called out 25O thousand troops
These all had to be fed, clothed and
transported. This immense call of
troops was intended to produce pros.
perity No doubt our % thousand Of
standing army, backed by the navy,
could have run the Spanards out Of
Cuba in six months. Gen Winfield
Scott took the city of Mexico with
less than ten thousand men.
Third, as soon-as the republicans
got int9Sower they started the minis
=. day and night to coming fifty-cent
dollars and coined more silver than
was ever coined in the same time in
the history of the nation. They coined
the seignorage even that they had
helped MIR. Cleveland veto. And the
jauitors had hard work to keep them
from coming up the water pitchers
and other silverware about the CAPT.
tai city. Nor did they stop here
they flooded the country with "shin-
plasters." They call them national
,.r"'~ notes; nevertheless they are
"shanS masters" all the same. They
pul ilions of them into circulation.
gave all who could get up 20
aovtand dollars a premium of from
TO per cent per annum If they would
help them to food the country with
circulating medium and let them 60
without paying any taxes worth man,
Ing.
u Now, Mr.. Editor, bear in mind that
. these people stood aghast in 1896 at
the thought of free coinage OF silver,
which they said would food the coun'
try with fifty-cent dollars. BY the
logic of their own argument, they
have flooded the country with 25-cent
dollars, for the largest amount OF
money free coinage could have given
us would have been so or GO millions
per annum-while they have actually
turned loose 126 millions per annum
for the last five years, coming so late
Min the past october two and one
IN All %ir1ims OF silver dollars and
E october of last year two and three
" arths millions approximately.
No, Mr.. Editor, these people are not
tfools; they can see a dollar as far as
any people on the earth, or under 1t,
yr that matter. They have read
tory. They know that England
-. never 80 prosperous as when she
'4l s fghting all Europe under Napo-
70 and they know that no people can
without a plentiful supply OF
- alating medium, even II 1t ID
plasters', or silver.
Y she Mr.. Reed said the Dingley tar
I. '-- al. Now, ] have respect !
I~3DkA0 49, A--.-.,.-A-