People's Pilot, Volume 2, Number 27, Rensselaer, Jasper County, 23 December 1892 — THE GAME OF SEE-SAW. [ARTICLE]

THE GAME OF SEE-SAW.

Will the People Be Foolish Enough to Elect Another Republican Congress? One of two things seems certa in Either some republican papers are preparing to repudiate the republican party, or else the republican party hopes to again ride into power upon the strength of ante-election ’promises never intended to be redeemed. Recently, under the caption “The Money Conference," the Kansas City Journal said: The advices from the Brussels conference are pot encouraging, nor are they disappointing. As our readers kpow, we have never been sanguine as to that body. The money of the world to day is not the money of law, of trade or of government creation, but is the currency of the broker. People talk of flat money—but the chief flat money of the world Is gold. There is only one way to permanent relief, and that Is the remonetization of silver. No man should be voted for as a member of congress unless pledged to that end—the unconditional remonetization of silver. Tho ratio is unimportant compared with the fact—a side Issue or a thing of detail. It is the legal power—the flat quality—that is essential. We feel like drawing the line on this measure, because it lies at the basis of all prosperltv. It affects the prioe and production of everything the farmer raises, and it affects the prioe of labor in all departments. Why? Because It increases the buying capacity of everybody and the ability to consume. And in this fact, against all theories in the world, lies the philosophy and secret of general and Individual prosperity. It, then, is better for banks and bankers, for railway earnings, for everything, as well as for farmers, manufacturers and labor. Wo ore strongly partisan: we believe in the efficacy of party organization, but we do not believe in a party being used for class or special Interests, except those Interests belong In the general good Wall street is in power, or will be after tbe 4th of March. And we believe, as we believe in cause and effect, that this calamity is duo to the fact that the republican party did not meet this overshadowing question as It ought. Had the Minneapolis platform declared for free coinage tbe result could have been no more disastrous to tbe party, but the friends of salvation money would have been united—to win at an early day. Before the question of the restoration of stiver as legal money, tariff and all other questions sink into Insignificance, and that plank must be In the future platforms of the republican party— in the congressional die-

trict, in toe state and is the dsom *t is sow, m it has always been, the platform of the Journal The next day, as if afraid it had not made its position sufficiently clear, the Journal said: The Brussels comerence has brought out the tact thu goW and silver were once the money metals of the world, with a fixed value on a prescribed quantity—cr that 41814 grains standard silver and that si.B grain standard goll was a dollar. That Wet gave an ‘intrinsic.” or "fiat,” value to the two metals England, Germany, the United States and some other nations repealed the law or destroyed the rule as to silver, and it now sells at about 8i per cent, less than gold—or has lost its value as a money metal and become a commodity, like iron, tin, lead, sine, copper and other metal commerce. Yet these gold advocates cry out that their opponents are advocates of “flat” money. What is “flat” money? Only a representative of Talue, that by law is made receivable for debts or for property sold or payable for things bought In the London clearing house that legal money Is gold only and gold Is the “flat money. *» This ‘‘howl" for it is no thing more. Is on a par exactly with the cry of -*stop thief'”— raised by the confederates of the real oflonder. The people are determined that the •‘flat” quality once enjoyed by stiver shall be restored, and that gold alone shall not enjoy the monopoly. Let nobody be soared by the silly cry of "flat money." There is'hot and never was and never can be in the world any other kind. This entirely repudiates the Minneapolis platform, because a silver dollar which, in the absence of a free or unrestricted coinage law, contains a dollar’s worth of silver, measured as a commodity with a gold dollar, contains no ••flat” whatever, but would be worth os much as bullion as it was worth as money.