People's Pilot, Volume 4, Number 1, Rensselaer, Jasper County, 22 June 1894 — Four Big Successes. [ARTICLE]
Four Big Successes.
Having the needed merit to more than make good ail the advertising claimed for them, the following four remedies have reached a phenomenal sale. Dr. King's 1 New Discovery for Consumption, Coughs and Colds, e-v.h bottle guaranteed ~'K;ec.tric Bitters, the great reinedfor Liver. Stomach and Kidneys. BuHden’s Arnica Salve, the best in the world, and Dr. King's Nev.Life Pills, which are a perfect pill. All these remedies are guaranteed to do just what is claimed for them and the dealer whose name is attached herewith will be glad to tell you more of them. Sold at F. B. Meyer’s Pr*g Store.
A circulating medium for the exchange of commodities should consist, not of a substance naturally scarce, which cannot be made to increase with the increase of population and the growth of business, but, on the contrary, it should be capable of adjustment to these conditions.
The difficulty with bi-metalism is that it requires a less valuable metal to be maintained at par with a more valuable one. This unnatural condition cannot be indefinitely maintained except at constant expense. The objection to the recent bill for coining the silver seigniorage was not that it would add fifty-five millions to our coined money, but that it necessitated the additional burden of maintaining fiftyfive millions more of silver at par with gold. Issuing gold bonds to meet this expense does not cure the difficulty—it only postpones it, together with adding to our indebtedness. Along these lines there is nothing but difficulty and disaster.
Our country is comparatively a new one, with population increasing rapidly, by immigration as well as by natural increase; and rapidly increasing wealth by the developement of vast natural resources. Shall our vast interests be crippled by a meagre medium of exchange? The natural basis for a medium of exchange is population and wealth, and not diamonds, .rubies, gold or silver. Population, with wealth in its various forms, is the sourse of need of a medium of exchange, and should be the basis of supply. Considering the vast material wealth of this country, many think that fifty dollars per capita is the amount required for the best results. The evils of insufficient (and improperly distributed) circulating medium have been seen during the past uine months in the shape of idle hands and silent industries.
The plutocratic pencil pushers are tearing their hair and swearing that they can’t understand why gold is being shipped out. Don’t suppose they can as they have always labored to not understand it. But every man with a thimble full of brains and one particle of moral and political honesty can and does understand it. You lying, sneaking traitorous devils to American interests, it is the grand and final sequence to the infamous legislation of the past thirty years that has so depreciated the value of all exportable articles, that their sale will not meet the constant demands made upon the country for interest and dividends from abroad, and we are compelled to sell bonds to meet these demands; That is, we are placing new mortgages on the nation to keep from defaulting interest, and every additional obligation so placed only renders us less able to meet them. It is just like a man burning a candle at each end, it only hastens the inevitable result. No legislation will help this country except that which will so raise prices or cut down expenses that both the individual and nation will have a surplus left sufficient to meet their obligations and lay up yearly s'vnelhing as a stored resource. There are debts due foreigners, and investments in this country held by them that cal Is for a sum in interest and dividends so great that the present low prices of our agricultural products are insufficient to meet, hence this gold drain. Foreigners with cheap money and cheap ; raw material can furnish them- | selves with all kinds of manui factured goods cheaper than we can and can undersell us in the markets of the world, hence our only resources to meet these demands are our agricultural products and gold reserve. Our agricultural resources are so reduced by our appreciation of
oui; money that they will not meet them, and we have no gold reserve, hence our only alternative that can be seen by the political shysters at Washington is to borrow, sell bonds. Cheap money, cheap raw material and statesmanship would give us a part of the world's market for our manufactured goods, and then our sole dependence would not be upon the exportation of agricul products as now. But the fools, thieves and boodlers at Washington nor the hired liars for the daily papers won't see these things because they are well paid to not see them.
