People's Pilot, Volume 3, Number 13, Rensselaer, Jasper County, 15 September 1893 — Page 4 Advertisements Column 2 [ADVERTISEMENT]

The world produces annually $125.000,<900 worth of gold, $65,000,000 worth is used in the arts, the other $60,000,000 worth is coined by the different nations into money. Demonetize gold and throw this $60,000,000 into [competition for use in the arts, •with the other $65,000,0Q0 and what would be the effect on the price of gold. Congressman Bland expressed the sentiments of many other Democrats when he said in a speech before congress, “to strike down silver would mean a political revolution that would strike down both the great political parties,” and, for one, he was willing to join the people, ■ even though Democracy had to I go to the wall.

When this country had little more than half the population it now has. it had nearly double the amount of money in circulation. The farmer could then sell half the product of his farm and pay off the mortgage. It now lakes all he can raise to pay interest and live. And if silver be destroyed as money, may the Lord have mercy on him, for the money shark never will.

The national banks have now outstanding about $180,000,000 of their notes. They could issue over $500,000,000 if they would. What would be the use to pass a law permitting them to issue notes up to the full par value of bonds deposited as security as long as they refuse to issue onehalf of ■what the law allow;.’. It is only another scheme to keep from doing the right thing. Say, Mr. Hayseed, while you are selling your wheat at fifty cents, don’t forget this fact: About two thirds of the national debt has been paid off, yet it would take more bushels of that same wheat to pay what still remains than it would to pay the whole debt at the close of the war. Don’t lay it to over-pro-duction of wheat either, for the world's supply of that article is less per capita now than it was then. Lay it rather to Shermanism.

Don’t allow yourself to get muddled over all this gabble about the great intrinsic value of the gold in a dollar, for it does not equal that of the silver in a silver dollar. Intrinsic value is one thing and commercial value another. Intrinsic value can not be affected by legislation, while the opposite is true of commercial value. Nearly all the difference in value of a given amount of gold over that of an equal amount of silver has been given it by legislation.

The money of any country is to the commercial and business interests of that country what the blood is to the human body. An active, energetic, vigorous, healthy body must have a proper and sufficient supply of blood to carry on the physical functions of repair and growth. Should this supply at any time become the physical powers will decline, the energies flag and activities falter. In short it will produce an unhealthy and abnormal condition of the physical and mental man. Just so with a country. When there is an abundance of money in circulation, the industries of a nation are stimulated, enterprises of all kinds are engaged in, its activities are thoroughly aroused and prosperity is the sure result. But when there is lack of sufficient circulating medium, as it is at the present time, the body politic sinks into an abnormal and unhealthy condition, its industries are paralyzed, its activities are clogged, its energies stupefied and distrust is manifest upon every hand. Labor is unemployed and becomes feverish and restive, and the whole social organism staggers, as a man bleeding to death, under its own weight. What is *thej remedy? In the case of the human subject the physician would certainly not