People's Pilot, Volume 3, Number 32, Rensselaer, Jasper County, 26 January 1894 — GOOD MONEY. [ARTICLE]

GOOD MONEY.

Silver Mav He Debased but It Will Ultimately Come to the Front Again. It is a fact that our lawmakers have for many years past enacted laws favoring certain kinds of money, and by discrimination have greatly enhanced the demand for gold by side-tracking all other kinds of money and giving gold the exclusive right of way. Gold alone has the benefit of free coinage, or can be used in the redemption of government bonds and interest thereon. Gold alone pays duties on imports, and is the recognized “redeemer” of all government obligations, and all this by legislative enactments and government discrimination. The “side-tracked currency” is left go before the public on its merits subject to the so-called law of supply and demand. By reason of said discrimination, the value of an ounce of silv-r has been reduced in the last twenty years,from $1.82 to the present bullion value of TO cents. Yet, strange to say, in spite of our law-makers, this dishonored “dishonest” currency commanded a premium during the receut national bank and Wall street panic. Is it not a fact that the silver dollar with the stamp of the United States of America on its face, is as honest and popular with the American people to-day, as it was in the days of Jefferson, Jackson. Benton and Lincoln? Undoubtedly it is. And under God's providence it will continue to be until the end. That silver will ultimately be restored to its “honest” constitutional rights, cannot be doubted for a moment; but never with the consent of old England, or any creditor, government or state. The people will have something to say in this matter later on; they will begin to think, when they have to, and that will be very soon,from present indications. Give us an honest, American financial system, without discrimination against any money authorized by our constitution or laws, and then we will have a “permanently sound currency,” and not until then. Then every dollar will be as good as every other dollar.—Gov. Shortridge, of North Dakota, in Coin.