People's Pilot, Volume 3, Number 25, Rensselaer, Jasper County, 8 December 1893 — An Appeal. [ARTICLE]
An Appeal.
Say, farmers, did oats go up. or down when the repeal bill passed. ’ Silver declined a little when Ihe repeal bill passed. So did farm products. What a hard time the poor Democrats are having trying to reduce the tariff to increase the revenue. The man who says the silver dollar is dishonest is either dis honest himself, or else he ba*, not studied the question enough ’ukiioww'iat an honest dollar is. The old party strikers keep on repeating the old chestnu; ;.b r > ’ die People’s party being ••wiped out.’’ They are evidently '.•.mug io convince themselves it is so. Better scratch when you Ante, than to scratch after the i-lection for the money with which to pay on the bond of the absconding defaulter you helped into office. The difference between the national banker and other people is that all other people pay interest on their debts, while the banker receives interest on L is debts.
Now the government will be asked to issue more bonds, on which to pay more interest, so Wat bankers can buy more congresses. io issue more bonds on which etc., etc., ad infinitum.* Now that any further increase <>L the money supply cannot be Lad from silver, the next step will be an issue of bonds. In truth, that is, in part, what the Sherman law was repealed for. Republicans tell us that the election one year ago brought on the hard times. According to the same system of logic, tl e recent election caused hogs to drop from seven to four cents a pound.
The bullion value of a silver dollar is about the same now when compared with anything else than gold, that it has always been. Therefore the silver dollar is the honest dollar, and gold the dishonest. Dishonest, in i;iai. by making it the only standard. every dollar of debt is Dearie doubled. V -nwcwKmn- rwr—riinMiii. The present condition of the government finances was deliberat'iy brought about for the express purpose of compelling an issue of bonds. That is what t he billion dollar congress meant. Thatiswhat the McKinley tariff meant. That is what the destruction of silver meant.
Why don't the Republican give the figures in late election. Ii keeps on asserting that the Populists have lost ground. They are wiped out. That they are not likely ever to cut any figure in furture elections. Yet as a matter of fact it is the only ; uiir’y that has gained votes. The same ratio of gain all over ■ be country would raise Weaver's ote from one million to nearly iwo and a half million votes. ILmrsty is the best policy. Mr. Rop'ib wan and falsehood, in the <*‘d. Nil.; heaviest on its author. <
Rensselaer, Ind., Dec. 8, '93. Hon. John G. Carlisle. Secretary of the U. S. Treasury. Dear Sir: The farmers of this county will hold their fourth annual county institute in this city, January 25-26, 1894. Your presence and counsel are very much desired at this meeting. We notice that you favored the New York bankers with your presence and advice, at their recent meeting, and as all honorable callings are equal before the law iii this free country of ours, [and are also equally entitled to : the services and attention of the high officers of the laud, we therefore respectfully invite you to be with us upon that occasion. The toast to which you are expected to respond is, “How farmers can pay tuxes, live easy, grow fat and die happy, raising wheat for 50 cents a bushel ” Please do not forget the date and place. Yours for the mon ey there is in it. Farmers of Jasper Co.
Hon. Wm. Walter Phelps, Harrison’s minister to Germany. in speaking of the late election says. “Scratching lias come to stay and to grow." Mr. Phelps, though an ardent Republican. thinks scratching is a virtue; thinks it the act of an independent, patriotic voter. Republicans of this country have always contended that scratch ing is a crime—an unpardonable political sin. It is really the only bad thing they over acknowledged their party guilty of, in this county, and the only crime on earth they never charged against the Democrats. The common saying here with the dominant party is, “Repub licans will scratch, but Democrats vote’er straight." Which party did the scratching the 7th of November? To scratch is to vote independently and intelligently; to vote “’er straight every time” is to be the blind slave of a party, our country’s worst enemy.
If the Democrat party had the desire to do so, it could bring about international agreement on the silver question by placing a reciprocity clause in the forth coming tariff bill, said clause granting a limited reciprocity with nations willing to use silver as money at the old ratio and placing a high tariff on the products of gold standard nations. The United States, France. Russia, China, Japan and the countries south of us, could bring the rest of the world to time on this line, if so minded. These countries all favor bi-met-alism, if England and Germany would only consent, but that, they, with billions of foreign investments, will never do unless compelled to.
John G. Car- John G. Carlisle iu the lisle at the house of repre- bankers’ bansentatives in quet in New 1878: York city, Nov. “I know that 21, 1893. the wo r Id's ‘ ‘We have a! stock of pre- ready on hand cious metals is a stock of silnone too large, ver, coined and and I see no uncoined, sut reason to ap- ticient to meet prebend that it all the probwill ever be- able requireeome so. Man- meats of the kind will be country for fortunate, in- many years.” deed, if the annual producI tion of gold and 'silver coin j shall keep pace i with the annual increase of population. commerce and industries.”
England cannot get along without our products. We pay England a fixed rate of interest. A contracted currency makes our products come low. That fixed rate of interest will therefore buy much more of our products. Hence the argument that a contracted currency with low products hurts no one is false, even if it did not increase our indebtedness.
