Democratic Sentinel, Volume 21, Number 3, Rensselaer, Jasper County, 22 January 1897 — Page 1 Advertisements Column 2 [ADVERTISEMENT]

Labsist on Reoobd— The bau anoe of trade in favor of the United States for the year ending January Ist, 1897, aggregates $306,315,032, the largest balance in our favor on record. We exported last year $986,871,266 worth of goods, and imported $660,557,228. This condition of affairs would, under ordinary circumstances, bring about prosperous times. - - 60n the Stool of Repentance. The Daily Kanawha Patriot, published at Charleston, W. Va., supported the gold standard mthe recent campaign It has at last seen the error of its way, has repented and will hereafter advocate the restoration of silvei. It says? “The Democratic party proper cast nearly 96,000 votes in West Virginia in the reoent election, while that part styling themselves gold Democrats cast less than 700 votes. For the success of the last named wing of the party we have been heretofore laboring, but we have fully become convinced that instead of achieving anything for pnie Democracy we have only been working for the success of the enemy. “Running a gold|etan lard paper is only helping the opposition and receiving naught for your pains; they get the spoils, while you get laughed at for the poli ical ass you have made of yourself. The gold standardha6 been fully tried since ’73; as to its success the idle factories and unemployed mi lions can testify. The bimetallic standard cannot make our situation any worse. “We are fully satisfied that even a fifty-cent dollar, it there is such a thing, is better for the toiling masses tha an appreciated dollar that "annot be got for labor or tiade.”

Confidence and Prosperity. A well known gentleman who supported McKinley sad sound money, after waiting patiently-for prosperity to-appear, at last gives ex pression to the following opinion; “Confidence has been resto ed, Du* business does not come nor will it until some measure is bro’t out which will so cheapen money that it will be driven out of the nanking trust into active business channels.” As recently as 1890, John Sherman declared that the requirement? of business demanded that the money in circulation should be increased in proportion to the in* crease < f population. He mentioned in urging the passage of the silver purchasing aw tt at the re. quirei enti of business utimanded an increase of no. less than $50,» 030,000 per year. In 1893 the silv r purchasing law was repealed sinci which time instead of an increase there has been a contract!* n of the curroscy to th# extent of at least $50,000,000 per year. On the ot v e r hand our population has b( en increasing more rapidly than in 1890. Taking Sherman’s view i f it the currency should have been increased $15(1,000,000 during the past threejyears whbe in fact it has been reduced that amount. Now McKinley’s election restored confidence they say. If confidences rest red, why do the New York banks hold as de; oaits onesthird of all the money in the country? vVt y is o e-third of our money supply locked up in New York banks if the confidence of the idle hoi .era of idle wealth’s .estor d ? The people voted for dear money at the resent elec! ion. It will became dearer every day under the present conditions. Unless the money supply- is increased to meet the needs of expanding business money will get, dearer and tiroes

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