People's Pilot, Volume 6, Number 16, Rensselaer, Jasper County, 8 October 1896 — What Free Coinage Will Do. [ARTICLE]
What Free Coinage Will Do.
I think the free coinage of silver would benefit materially the great masses of our people in Mississippi and in the south and throughout the Union, It would tend to reduce the value on purchasing power of the gold dollar, now unduly and abnormally appreciated throughout the world, and it would to that extent deprive holders of money and securities for money of an unjust advantage now held by them. Underthe present system wealth has so concentrated in a few great financial centers that it is in the powdr of a few men, acting in concert, to derange at any time the business of the world by locking up the present insufficient supply of money, and thhs produce panic and disaster. They will resort to this if they think that thereby they can prevent free coinage and an overthrow of their dangerous monopoly. This has already been threatened. In the end, however, the cause of the people will triumph.—Senator J. Z. George.
