People's Pilot, Volume 3, Number 12, Rensselaer, Jasper County, 8 September 1893 — Page 4 Advertisements Column 1 [ADVERTISEMENT]
The game that England is playing for low priced American products and by permitting her to dictate our financial system she is securing them. When you hear a man harping on the old string "silver is a depreciated currency,” set hifti ( down on your scratch book as a knave, a fool or a parrot. If scarcity of a metal makes it my better for coinage into money, why not try gallium. It is the most pre< ions of metals, be- j ihg worth >54.250 an ounce. The Democrats say the Republicans did it, and the Republicans say the Democrats did it. but neither party seems to be exerting itself much to undo it., Russell Sage says this Is a "mild panic." It may be mild for the fellow who has plenty of money, like Col. Sage, but it is rigorous on the fellow who is short.
The sole object of the leaders of the two old parties is to discover some form of a .political opiate to administer to the people while the work of robbery goes on. It Senator Voorhees really lavors bi-metalism as he would :uve us believe, why does he object to any provision being added tohis bi’l that would bring about bi-melalism. An ounce of silver will buy about as much now as it ever Would. An ounce of gold will buy more than twice as much as it would some twenty years ago. This being the case, has silver depreciated or has gold appreciated?
I is now plain to be seen that, one of the objects in precipitat-l mg the panic was to secure legislation more favorable to the ’ national banks. The increase of their currency to par with the bonds they hold will be one of the first steps in that direction. While Congressman Bland con tinues to do business at his old stand it is not worth while for the populists to waste any time in showing up the inconsistencies and hypocrisy of the I)e----moeratic party. Mr. Bland's speeches should be assiduously circulated. Another favorite argument against increasing the volume of money in circulation is that from ninety-five per cent, of the business transacted is done by means of checks and drafts. Aot it takes hard cash to buy a draft oi' cash a check. You cannot do it with “confidence.” fl he great fear at present seems to be that gold will be driven out of the country. How many readers of the Democrat ever saw a gold piece? How many of them pay their debts and receive what is due them in gold? Very few, indeed. The business of this country is not 1 ransacted with gold and all the balderdash concerning that metal is an insult to the average business man of this country, who has to do business with silver, greenbacks, national bank notes, etc. If half the care and anx- . iety were expended for silver or even for birch leaves that is chown for gold, either would be jully as valuable as money.— Mon licello Democrat.
