People's Pilot, Volume 6, Number 6, Rensselaer, Jasper County, 30 July 1896 — “As Good as Any Other Dollar.” [ARTICLE]

“As Good as Any Other Dollar.”

Major McKinley hss at last run upon an original idea on the money question. To the notification committee he said: “The dollar paid to tihe farmer, the wage earner and the pensioner must continue forever equal in purchasing and debt-paying power to the dollar paid to any government creditor.” That sounds pretty and profound, but what would have been the consternation in the gold-bug camp if the awllike McKinley had put It the other way and said that he believed in paying the government creditors in "coin,” as pensioners, farmers and wage earners are paid? That is one of the vital points. The Morgans, the Rothschilds and the rest of the shylocks owning bonds and Btocks against the government and against private corporations know only one kind of money, and that la gold, worth to-day, by reason qf the demonetization of silver, twice as much as the silver in which the workingmen and pensioners are paid. That’s what the row's all about. The free silver movement has as its chief motive the blending of the two metals into a standard of dollars that' will be uniform in value and interchangeable In coin or bullion. When this is accomplished, or when tihe entire metal money fallacy is wiped out and a scientific system established in its place, the dollar paid the workingman will be as good as that paid the bondholder. It Is not as good now, else the bondholders would not be demanding gold and the shylocks would not be bending all their energies toward maintaining the present system. Ordinarily McKinley is nothing if not obtuse and profoundly incomprehensible, but in this utterance he is ludicrous. It Is plain to be seen that he has not yet made up his mind which side of the question he Is on. —Sound Money.