People's Pilot, Volume 6, Number 13, Rensselaer, Jasper County, 17 September 1896 — Advantage of Free Silver. [ARTICLE]

Advantage of Free Silver.

The great abvantage of free silver lies in the fact that it will introduce an era of expanding currency and rising prices in place of the falling market that has so long depressed us. Although the immediate effect of free silver may be to lessen the volume of the currency by driving our gold away, yet very soon the influx of silver will more than make good the loss of the th i volume will rapidly expand. The consequence will be that prices will rise, commerce and manufactures will be encouraged, iabor will be in demand, many who are unemployed will get work, competition for employment will become less severe, wages will rise, and, in the end, workingmen will be benefited as well as merchants and manufacturers. Debtors who have been wronged by the shrinkage of prices will secure at least a partial justice and be able to pay off their notes and mortgages with something like equivalent for what they got when they borrowed.—Prof. Frank Parsons of Boston University, in October Arena.