People's Pilot, Volume 6, Number 10, Rensselaer, Jasper County, 27 August 1896 — England Will Fight. [ARTICLE]

England Will Fight.

The following appeared in the Chicago Times-Herald August sth, and is illustrative of the lengths to which the plutocratic press of America will go in order to terrorize the people into voting for the gold standard. Washington, Aug. 4. —Startling statements have been published by the Times and Echo, a radical London paper, owned by Passmore Edwards, a man of great wealth, who in his own philanthropic tendencies is the reflex of the late George W. Childs. When it is considered that this paper goes weekly into half a million homes of radical wage-workers, and that the aggregate number of readers is probably a million and a half, the effect of such an editorial in creating English opinion can be fairly imagined. This is how the Times and Echo regards Bryan’s nomination:

The election of W. J. Bryan—a young man from Nebraska, and an impassioned orator, but hitherto an unknown politician—as the democratic candidate for the presidency seals the adherence of the democrats to the silverites. The gravity of the situation can hardly bo exaggerated. It is by no means so certain that Mr. Bryan may not be elected, and if he should be, and congress decrees that silver, which is worth to-day half a crown a pound, shall be worth 5 shillings, and that all national gold bonds shall be paid in silver, there will be war between this country and the United States before this time next year. The great capitalists who forced Mr. Gladstone to occupy Egypt will compel any government in office here to declare war against America, sooner than that their holdings of American bonds shall shrink to half values. If, on the other hand, the republicans win, the west and the south will throb with violent indignation that may bring about civil war.

It is pleasant to reflect that England has twice attempted to enslave this country by force of arms with results too well understood to mention here, and if there is one thing which the people of America can be relied upon to unite upon as one it is resistence of English interference with our domestic affairs. The statement ‘that all national gold bonds shall be paid in silver”, is silly and misleading, in as much as this government has no bonds that are payable in gold, not even those recently sold by Cleveland without authority of law. The interest only ,is payable in gold, the principal in coin. And further, it is not proposed by any party that the government’s obligations be iu any way repudiated. If this country was an Egypt England would not take the trouble to make a threat, she would land her troops first and

make her threats afterwards, but it is different with the United States. The real point that troubles the great banking power which stands behind and controls the policy of England in both peace and war, is the inevitable effect that free coinage of silver by this country will nave upon gold. The shrewd financiers of the world know that the moment our miuts are opened to the unrestricted coinage of both metals the demand for gold here and in every country with which we trade is practically gone. In all the immense home commerce gold is not used eveu now. and when the silver using nations of the world discover that their silver will buy as much of our merchandise as gold will, then will their immense trade turn this way and the commercial supremacy of England is gone, gone forever, and with it will vanish her military supremacy.

Oh, it is no insignificant danger that menaces Britain, it is the most serious situation with which she has ever been confronted, and it is not, perhaps, wholly an jidie threat that her great papers are making; with the triumph of silver here this fall England ceases to be the workshop and the pawnshop of the world, and it might be wisdom for her to risk a battle to the finish with us at once.

It is the height of absurdity to talk of international agreement, with England’s very existence depending upon the forcing of the gold standard upon the commercial world; she makes no secret of her devotion to that policy and has never even hinted at the possibility of such an agreement. England cannot compete in the markets of the world even handed with the United States and she knows it too well to join in any agreement for the free coinage of the white metal. When we consider that the intestines are about five times as long as the body, we can realize the intense suffer ing experienced when they become inflamed. DeWitt's Colic a Cholera Cure subdues inflamation at once and completely removes the difficulty. A. F. Long.

Some of you industrious dis pensers of gold standard argu menls, who have been talking about the grand opportunity to double an investment by buying fifty cents worth of silver and having it coined into a dollar, had better buy your bullion right soon, for its commercial value is advancing a trifle, several trifles in fact, to be exact it has gone up 7ic per ounce since Bryan was nominated. And further my friends, silver is going to continue going up right along until the free silver candidates and free silver congress are elected next November, until that presidentelect is inaugerated and calls that inevitable extra session of that free silver congress, to enact the law that shall open our mints again to the unrestricted coinage of both gold and silver as of old; then and before then will silver bullion be worth its full coinage value and be at par with gold. By the restoration to silver of its former rights of coinage, the same as is granted to gold, silver bullion will at once advance to par with gold, though it will not long enjoy the present high purchasing power of gold, because as the quantity of the two metals increase the total volume of money their power to purchase will gradually decrease, and the prices of all products of the farm and and factory, and of labor itself will increase in even greater proportion, but the metals will always remain at par. Their parity will be maintained by the natural law of supply and demand. The demand being for dollars, the supply will invariably be met by which ever kind of dollars it is easiest to obtain, and should the holder of gold refuse to part with it at par he would always keep it. for no one would give a fraction Of a per cent more for gold than for' silver which would serve him as well. Hollister & Hopkins have leased the Monitor Boiler Mills for another year refitted the same with some new machinery and are prepared to do all kinds of milling. They thank the public for its liberal patronage in the past and trust to merits continuance of the same.

If the value of silver bullion cannot be increased by enacting a free coinage law, then it is false, as alleged by the opponents of silver, to say that the mine owners would be the great beneficiaries of such a policy. It is too plain to need a blackboard demonstration that the ptoducer of silver cannot be benefited by the law unless the law enhances the value of the metal.

Silver is steadily advancing in price, having gone from 59c per ounce a few months ago to 66±c last week, and as the campaign progresses and the prospect of victory for the white metal increases, it will continue to advance, going up day by day, until when the mints are finally thrown open it will be worth its full par value with gold. The gold advocates are emphatic in declaring that free coinage will double the value of silver bullion, or to be more specific it will increase its present price of nearly 67 cents per ounce to $1.29. That being true, and we do not dispute it, what do they mean by fifty cent dollars? The single gold standard men give the lie to their statement that the silver movement issoley in the interest of the silver miner, when they say that free coinage will givq us a debased currency, fifty-cent dollars, etc. There is practically no gold in the banks, yet we are told ours is a gold basis currency, and that every paper dollar and silver dollar has a gold dollar behind it. That may be true but it is a long ways behind it. * Gold is not now and never has been the money of the poor man; it is hoarded by the rich, and not one man in five hundred can to-day produce a single piece. Free silver will gradually decrease the purchasing power of gold dollars as well as of all other dollars. Mrs. Imes has received her first selection of fall millinery among which are some beautiful new designs. Seo her new walking hats and sailors, and other popular styles.