Show iThe The DAY IN i I J f There was something inspiring in inthe the iso battle bate cry of or 96 We Ve demand the free and unlimited coinage of gold old and silver at the ratio rato of 16 to 1 without the aid or consent of any other nation naton on earth which the new Rev silver siver bill bf of Senator Wheeler of Montana recalls Wheeler believes in silver siver Since 90 per cent of the monetary value of any met metal l is created by legislation he sees nothing to be gained by pus pus- If I the principle 1 of 16 to 1 be rejected how far la will wm we get Wheeler wonders by proposing to compromise on 20 to 1 or 60 to 1 1 Confidence Is the supreme quality Of or money Doubt of ot the ability of ot any kind of coin to make its is way In Inthe Inthe Inthe the world is to discredit it in the cradle If I silver is not going to be accepted because it i will wi pay the debts debt of or the world to us us because it i will buy our cotton coton our wheat our sugar our copper and our steel it i hardly will wl be made acceptable by putting a few more grains of ot silver siver in what we define by law as a dollar donar Senator Wheelers Wheeler's psychology Is I sound soud It I was Job ob enough to put over the idea that the dollar dolar of our dads the dollar dolar we wo are arc all al used to W was S equal for tor trading purposes to the present pres pros ent gold cold dollar dolar To raise that point again is only to make useless trouble for ourselves 4 e The truth that tnt remains to be put over Is that silver siver wilt will serve just as asas aswell aswell well as gold to pay the worlds world's debts debt to us and ad buy our commodities The superstition that remains to be demolished demolished de de- de is that we are doing our our- selves or the rest of the world some great good by sticking stubbornly to toa a financial practice whose actual effect effect effect ef ef- ef- ef is i to make it ever more difficult to collect the debts that thal arc arc due us u to pay the debts debt we owe and to market market market mar mar- ket the goods we wc have to sell The Wheeler school seems to be tiring tring of the fake idealism International international finance preaches to the United States but for lor its it own purposes laughs at as a joke Senator Wheeler I being a realist holds that however much the turn tur from idealism to realism realism realism real real- ism may prick our conscience it will willbe wi be very helpful to our cupboards and pocketbooks pocketbook a o a Wouldn't Senator Wheelers Wheeler's bill bi in inflate in- in hate flate fate our American currency Lets Let's Lc's pc hc-pc sot sol If I it i did not it would L be as ns useless as S a fresh crop of in in- in- in devouring terest-devouring loans sponsored by bythe bythe the government If I it didn't do some Inflating it ft wouldn't do a thing thine to te help the foreigners settle sette their ther liabilities to us It I would not help our native na na- na- na tive borrowers to repay their debts debt to the banks baks It I would not make ii it i easier for lor Orientals to invest in American Amer Amer- lean ican products products It would not aid in im I creating Jobs for American workmen Of Ot course if we Americans have ha reached such an exalted moral plane plant that we had rather lather be hungry broke unemployed than inflated if i we believe be lieve leve that rags arc are royal raiment when worn for virtues virtue's sake it is 1 I privilege to stay stay broke Otherwise Other Other- wise wi we may go realistic with wih Senator Sen ator Wheeler and say with wih the Tentmaker Tentmaker Tent Tent- maker Heres where we take the cash cah ant and 1 let the credit go |