People's Pilot, Volume 2, Number 25, Rensselaer, Jasper County, 9 December 1892 — Gold. [ARTICLE]

Gold.

In the debate in the United State senate, February 15, 1878, on the Bland silver bill, Mr. Ingftlls, who voted for the bill, said of the gold basis: “No people in a great emergency ever found a faithful ally in gold. It is the most cowardly and treacherous of all metals. It makes no treaty it does not break. It has no friends it does not sooner or later betray. Armies and nations are not maintained by gold. In times of panic and calamity, shipwreck and disaster, it becomes the agent and minister of ruin. No nation ever fought a great war by the aid of gold. On the contrary, in the crisis of the greatest peril, it becomes an enemy more potent than the foe in the field; but when the battle is won and peace has been secured, gold reappears and claim the fruits of victory. In oiir own civil war it is doubtful if the gold of New York and London did not work us greater injury than the powder and lead and iron of the rebels,. It was the most invincible enemy of the public credit. Gold never paid no soldier or sailor: It was worth most when our fortunes were the lowest. Every defeat gave its increased value. It was an open alliance with our enemies the world over, and all its energies were evoked for our destruction. But as usual, when danger had been averted and the victory secured, gold swaggered to the front and secured supremacy.”