People's Pilot, Volume 4, Number 51, Rensselaer, Jasper County, 13 June 1895 — NOTES AND COMMENT. [ARTICLE]

NOTES AND COMMENT.

Congressman Bland, in his lecture on silver, says: "The battle to be fought, and the all important point to gain is to secure a president who will sign a free coinage bill if sent to him, and will not use the power and patronage of his office to prevent such a bill coming to him.” Accordingly to this kind of logic Mr. Bland is a self-convicted demagogue. He has been all the time working hard to have a free silver bill passed, and at the same time has given in each campaign his best talent and efforts to secure the election of a man who has done all he can to defeat free silver. And right here we make the prediction that Richard P. Bland will vote for the next Presidential nominee of the Democratic party If he is a gold bug. * • * The Bankers’ Magazine, a gold standard organ, has Issued a circular stating that it has prepared an answer to '‘Coin's Financial School,” but expresses the fear that it will not reach and be read by the masseA While there are some things tn “Coin's School” we don’t indorse, we take great pleasure in the knowledge that It Is stirring up the gold bugs as nothing else has ever done. Any attempt to answer the argument from a gold standard standpoint must surely end in miserable failure. ‘‘Coin" stands juftt where the whole bimetallic world stood prior to the time the Rothschilds conceived the Idea of doubling their wealth by striking down silver. The very objections which are urged by the gold bugs can be used to support the arguments In favor of a bimetallic currency. These attempts, however, on the part of the banks go to substantiate what we have frequently said, that this Is a fight between the bankers and the people, the dollar and the citizen. We now believe that silver is to take the place of the tariff as a bone of contention to keep the people divided and to sustain the two old parties. It will be a sham fight throughout. For this reason the free silver issue Is being made as complicated.as possible. We now have the following varieties of free silver advocates; J. Thosejor free, unlimited, and. ludepeidenl coinage? “ 2. Those who only want free, unlimited and independent coinage of th'.* product of the United States. 8. Those who want the ratio changed. 4. Those who want to wait until some International arrangement can be bad We find these factions in both the old parties. There is only one pure, unadulterated free coinage party— the People’s party. Its members are united for free, unlimited and independent coinage of trtlver regardless of ,|<!iirope, Shy Jock or the devil. W r.. . ♦ • ♦ A dispa(<l> from Washington dated May 17, stated that Mr. Carlisle’s Memphis speech "had been written, read to the Presiilent, revised, and a thousand copies printed for distribution.” if any one has any doubt that every effort is being put forward by the gold bug administration and the bankers to commit this country indefinitely to a single gold standard, it must be because they are crttninally blind to passing events. There is not a member of the administration that favors placing. silver-.where it was prior, to 1873. Every national banker? every bondholder, every money leech that has Med this government since the war is in favor of the gold standard. If there was nothing else to condemn the gold standard theory, the crowd that advocates it ought o be enough to sink it into hades wibb honest, Intelligent people. • • • The bonds which Mr. Carlisle and President Cleveland sold to the Bel-mont-Morgan syndicate for 104% are now quoted in the market at 122%. This Is perhaps one of the peculiar ways which the administration has of restoring confidence. That one deal will lay in the shade the winnings of Monto Carlo for many months. When Mr. Cleveland writes his book on economic questions he will no doubt explain the necessity of paying a foreign ayndicate nine million dollars to protect the public treasury when he has a congress of bis own party behind him. Until that is done the people will look upon tuat bond deal with a great deal of suspicion.