People's Pilot, Volume 3, Number 50, Rensselaer, Jasper County, 1 June 1894 — Wrecking the World. [ARTICLE]
Wrecking the World.
Silver demonetization is wrecking the world, and Great Britain, the creditor nation, is to be a sufferer. A policy that destroys the ability of the debtor nations to discharge their liabilities will ruin England. The same policy has wrought more ruin in this country in six months than was done by a four years’ civil war. No man in England or in America who is not the owner of a pile of gold can congratulate himself on existing circumstances. It is no surprise, therefore, that English statesmen and English financiers are in conference, devisihg some plan io restore bimetallism.—Exchange.
