People's Pilot, Volume 4, Number 40, Rensselaer, Jasper County, 23 March 1895 — A Beautiful Gold Basis. [ARTICLE]

A Beautiful Gold Basis.

You should get Henry Clew’s financial review of Feb. 3, and put in youi note book. If you know how to use it. it will do lots of good. Henry is the gold-bug apostle par excellence. It is too long for me to quote entire, but here is a sentence I want you to read: “The business interests of the country have gone down to a geld basis. It is so with manufactured goods of ever description. It is so with iron, steel, cotton, grain and sec udties.” “The business interests of the country have gone down,” see? “to a gol ! basis,” see? Now can you understand why merchants, traders, ignorant little bankers etc., are failing? Now do you know why the price of “grain and cotton” are below cost of production? He says it is the “gold basis” he advocates hat reduces the price. In anoth ■ nlace he says “the prices are forced lown to buy them cheaply.” Now you have been taught the law can not make the prices of wheat and cotton. He says the gold basis caused the price to fall, and a gold basis is made by law! Can you understand? Are you deaf, dunub, blind and halt, that you fail to comprehend? In the same review he says if a silver dollar basis were foisted on the country people would cease i horde money and prioes would go up Do you understand that, you kickei about 30 cent wheat and 4 cent cotton Don't you know free coinage of silvt would have to be gotten by law and the law in doing that raii.es the of things. One thing he tells to blind yo : the other is the information to t’ae conspirators who are plucking you. No • go and vote for the gold basis parti* and become a worse serf than you are if you want to, but don’t re eat like parrot that laws don't regulate the pri< of everthing —for it does. Wheat woul .'ring $2 per bushel and cotton 39 cent a pound, legal tender money, good r gold, in one year if certain financi laws were enacted. But the rich ro'< bers, knowing your ignorance, will st to it that the men you elect will no. enact any such laws. You are too ignorant to know what laws would ’t you, and never discover the cl. .>. Tote the old tickets just once more!3oming Nation. While the papers are bowling aboi he “$9, : '>00,000 dollars lost” in the Im ’ond deal —why not. state the who truth ? The whole amount of the bom s a de?d loss, that must be paid in t.’: labor and produce of the American po pie. The “$10,000,000 loss” on the las bond deal oi which the republican p'-est complains sc loudly, is only one-tt- ith of the loss. T ? face of the bonds, it:. 1 the interest for thirty years, Is a tat-l low. .... , . J