Rensselaer Republican, Volume 24, Number 4, Rensselaer, Jasper County, 24 September 1891 — SENATOR PEFFER AND MONET. [ARTICLE]

SENATOR PEFFER AND MONET.

Editor Republican Senator Peffer said, in his last speech here, what is needed is “mobe money.” He said there was but 500-million dollars in circulation in the United States. Afterward he said the following kinds and amounts of money were in circulation: Greenbacks...... .$348,000,000.00

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National banknotes $242,000,000.00 Silver or Silver Certificates ..$400,000,000.00Total/....5988,000,000.00 The amount of gold in circulation is not mentioned iii the above. The amount of money in circulation, not government bonds but paper money,gold and silver was in 1860$ 435,000,000.00 1865.. .......... $ 723,000,000.00 1885 $1292 000,000.00 18911... $1329,000,000.00 The amount of money per capita or for each man, woman and child for »'ach of those years was in 1860.513.85 1865520.82 1885.. $23.02 1891.524.10 According to the above, this year we have more money per capita than at any time in the history of our government. It is all good. Worth one hundred cents on the dollar anywhere in the United States..

Ex-President Cleveland, in his letter opposing the free coinage of silver, said therg was, S2B million dollars of silver being added to that already coined, each year. I would rather trust Johu Sherman to do my financiering than Senator Peffer. The Republican party has given the people the best money they ever had. Seventy-five per cent, or more of the business is done by checks and drafts and not a dollar of money changing bands. One man has, say one hundred dollars in the bank. He writes his check for that amount and it passes troin one to another and pays hundreds of dollars of debts before it finally goes to the bank for redemption. The scheme of the Pefferites will not win among intelligent peo-

A VOICE.