People's Pilot, Volume 4, Number 32, Rensselaer, Jasper County, 26 January 1895 — Some Cold Statistics. [ARTICLE]

Some Cold Statistics.

Since free coinage was suspended in June, 1893, India has been unable to export enough products to pay her gold interest, but has been compelled Io borrow $50,000,000 te pay interest on her gold obligations during the year, and she must continue to borrow and increase her debts under the gold standard. Th - United States has been compelled to borrow $56,000,000 by lhe sale of $50,000,000 5 per cent bonds and has $50,000,000 less in the treasury than she had a year ago under the same tariff laws that were formerly in force. It is impossible for the United States to export enough products at gold prices to pay interest on either foreign or domestic debts. There no way of avoiding a continuous crease of indebtedness but by th coinage of silver, and that ca had through the efforts of party.—William M. Ste The people are -*• °n poverty that me ' “ 0 rgj to fight words the ’ *■