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Show w AMERICAN VOL 111. NO. FORK, UTAH, SATURDAY, OCTOBER il, I HIM 43. . CARLISLE'S standard. How high does TARIFF. think wages are in Portugal? Or in Finland? Or in Turkey? Or tn Egypt 1 FOR All of these are gold standard conn-- HERE IS AN AMERICAN HONEST VOTERS, condition if the of labor and ill tries, peculiarly exalted In any of them per haps Mr. Case will kindly point it ml!Mom Eiporu ..d l.m i.poru Th Mir. AXIOMS. Ose' FINANCE AND THE MODERN NAPULhUN AT WATERLOO. EYE-OPEN- MEANINGLESS PROPOSITIONS STOLEN BY A PREACHER. ! Ska Chl-- ( Than as Ortftaa Biaard Paaatarad by Editor al Us KsUtssl BlauW- - SaDmlts IMh BcKtelay BUI Yat Frleaa 1M- Tha Fifth PropMltloa. allna Tha Maaay yaaatlM Alnoa Ah 5. There is not a silver standadj faction Ca. oountry that has more than The treasury department has issued Rev. Mr. Ctse in bis rscsnt eommunl-cstlo- n as much money per capita as the Unit-- 1 ed States. the following statements showing our whole of to tbs attempts dispose If that be true, what becomes of ih imports and expuna for the past three silver question bjr laving down five that free coinage will ears. It will be seen that we are expropositions relative to the condition of stereotyped cry "flood with cheap silver?" porting more under the Wilson bill the country silver-usin- g countries. They are not are not those countries flooded?" '.Dan we did under the McKinley hill. original with him, for they are nothing Why more or less than Mr. Carlisle's live The question suggests its own answer Also that we are importing leas. The The amount of money in a country, like relation of the tariff to finance is fully Indisputable propositions which went the rounds of the press during the fa- the wage rate, depends upon industrial covered by the questions and answers and business conditions. Every coun- that follow the table: mous Blackburn campaign in Kentry will get and keep Just its shari THE TABLE. Case the Mr. had If studied tucky. instead of of the world's money, whatever thi Imports for the year ending June SO, question fundamentally substance of which it is made. This ii 1893: blindly accepting the ideas of Secref444.544.211 axiomatic. If India has but 3.33 pei Free' tary Carlisle he would have known 421,866,711 it is simply because that amount Dutiable that, whether true or false, not one of capita is the world's share her of undei money five the Total 1866,400,822 propositions has the slightest commercial conditions. Whec Exports bearing upon the issue. In using them existing more the richer sad powerful natloni Agriculture f 615, 382,986 Mr. Carlisle was merely employing his the gnld standard the poorei Manufactures 20,020,026 power as a sophist to befog the public adopted 28,127,113 mind and mislead those who have not and weaker countries wire left on thi Mining Forest 6,541,871 Menne ' A large army of populists ere eleslng hi mm eur rear." but silver is It basis, grossly illogical the time or opportunity to study the Fisheries 8,936,164 to and to false thi that say history question for themselves. 168,023,118 land was the richest nation In thi Miscellaneous A Simply because should we try to GOV. FISHBACK HEARD According te our ceneua reports the world long before she went to the gold Total owners 9831,030,785 purchase them the present United States manufactured In 1889 The Pint PropMltloa. standard. Germany rose to the height 866,400,922 would demand gold in payment. Imports 99.880.000.- 000 worth of goods, or nearly Let me briefly analyze them. of her imperial greatness upon the silws pay for them in THE ARKANSAN WRITES FOR aa much as Great Britain, Oermany, can't Q. Why Is on 1. Every country Imports over exports. .9 35,370,137 ver standard. At the same time othei and France combined. According to THE DOUBLE STANDARD a silver basis. Imports for the year ending June 80, gold? silver countries lagged behind. To-dA. It would be impossible to pay for are mint the there 1894: reports only about to made is the effort this convey By some of the most wretohed of countrlei 97.500.000.- 000 of gold and sliver both 9379,796,006 90,000,000,000 worth of property with the impression (without actually saying are upon the gold standard. The ab- Free StoaS-ard hows Vkarila the iraial Gold Dutiable 275,199,145 our scant supply of gold. used as money and bullion In the whole it) that those countries adopted blmet-alli'iIs Passing Mlsary of the per capita argument wll. Tha Faralya world. So If all the Q. How murh gold is now in tbs gold and allver In as we advocated it In the United surdity when we Total 9654,995,161 United Slates? BUaar What Fraass Baa the world were dumped into the United appear carry Mr. Case's figStates, and that by so doing they had ures a little farther. Exports Dona A. Very little. Two hunderd milBtates It would not pay cash for one been forced to a silver basis. Hence 9628,318.773 He tells us that Central America hai Agriculture would rover dollars It. lion fully output of our factories by nearly years 20,288,627 that the same fate would befall us if we 13.78 Mining Japan 94, India 3.SS Forest Q. Under the circumstances, is it 27.965.628 has silver depreciated to 50 92.000.- 000.000. Why should adopt free coinage. A glance at China per capita, 92.08, Mexico 95.47. These coun- Fisheries 4,174.470 not unwise to keep up the endeavor to cents in the dollar?" and how can the But this ia not nil. We transport by the worlds monetary history will show tries he 4.649,896 sustain the gold standard? compares with the United Miscellaneous rail alone 60,000,000 tone of freight nt law to restore a dollar? It the fallacy of the proposition. 83,910.547 States and the principal European na- - Manufactures A. It Is foolish and impossible. more than all the rest of the world A witty Jew once said in my presAt the beginning of 1873 the countlons. Let me add some others tc Q. Why Is It Impossible? 51 oses got up tha first corner combined transports by rail and by ence that tries of the world, as regards their me- the list 9869.207,941 Total A. Because all our gold la now leavNorway, 96.65, Swedes 664,996,151 on beef of which history gives an ac- water both. We produce 9800,000,000 tallic money, were divided into three Imports Servla 98.78 94.09, 93.10, Turkey ua, and if something is not quickly ing count. classes gold standard, silver standard lie bought up all the beef cat- more of agricultural products that any The average of thesi Exports over imports.. 9214, 212, 790 done to prevent It we will soon be on a tle and then passed a law forbidding other nation on the globe. and bimetallic, the latter being those Bulgaria fire gold countries la 93.87, while thi Now, if you add to our manufactures, Imports for the year ending June 30, silver bssis. the people to use swines flash and in which the two metals were both average of the live silver oountrlei 1896: Q. But isn't it better to be on a free our transportation business by rail and eaoh made to certain at out a ratio coined millions of of the beef. rise freely 9363,233,795 silver basis than on a below ie 93.71 surely not enougt Free single gold ba- Even a water, our agricultural products, our other and both full legal tender after given 868,736,170 sis? boy ought to see difference to be seriously considered Dutiable real --estate transfers, our mineral prodof the were coined. The beef under action law a that would such go they A. Yes, very much; but what we It will be seen that poor, miserable ucts and all of our other vast, varied 9731,969.965 Total two linked bacon the bimetallic countries down. Not that the law up and bled dealt need almost to is basis. moat double a India, and rapidly Increasing business, all the Duties collected 9162,158,617 metals together at about 15tt to 1 and directly fixes the value of either, but by the hand of the despoiler, has 21 Q. How should we go about getting Exports of fixed a one them demand for and gold and allver In the world used as par by destroying the gave practically 3553,210,026 on a double basis? cants per capita more than Agriculture the demand for the other. money and bullion would not pay eaah exchange all over the world. The effect 183,595,743 Sweden. Mr. Case's statement thai Manufactures A. By readmitting silver to free Increasing While law cannot fix values It can for 10 pet cent of the business of (hie was the same as if both metals had the United States has 924.84 18.509.814 Mining silver and per caplti the coinage thereby making 35 ea88,6i6, rests or destroy either demand or sup- one country. Any share of these metals Forast been coined in every country. The cannot unchallenged. The laics) Fisheries which this country can poaaibly obtain 5,328,807 in a silver dollar Just ss valuable as ply. tire mass of gold and silver at the ratio treasurypass shows it to be 921.13 Misceilaneoua In a gold dollar. the report not pay 1 per cent will 4,171,974 gold 1 ounce of to ounces of silver of 15ft For untold ages prior to 1873 all the Even this Is an exaggeration, beoausi Q. How can that be done? two commercial nations used gold (the French ratio) weighed in the in arriving at those figures the treae great 9793.392.699 Total A. Very easily. If the government balance against the entire mass of metals as redemption money (except What Franca Baa Dm a. 731,969,965 Imports has made no allowanoi ury department 16 1. coins of to the free silver ratio at property to be sold and fixed prices for unknown losses. But conceding 11 England for a short time). One waa Yet which Is only second-rat- e France, 1.29 la which cents per equivalent to the same as if it had been all gold or to be Exports over Imports.. 9 62.422,634 gold and one waa silver. In 1873 and manufactures leea 931.18, how much does Mr. Cast that power, would holders bullion silver of 30, June for OLnce, the Imports year ending 1874 the great nations destroyed allver all silver. aa if the "money 1896: aa been have half would much than think it Great Britain and not a with metal smaller their at part the bimetallic counas a redemption money. Thus waa de- leas than When, in 1873-as much aa our 3369.771.930 figure. power, devoted to the gold standard Free tries either limited their silver coinage could have had ita way? He certainly Dutiable stroyed the almost unlimited demand country, a nation whlrli could be carved 409,938,088 "Q. Would a such process cheapen for silver for this purpose, and increasor stopped it altogether, as a matter of must know that all of the silver out of tha single state of Texas and portloc course the only countries in which sil3779,710,024 gold? Total ing the demand for gold. Of course leave territory enough to make nearly of it (except the small change), about A. demand the Yea, by throwing 3160,634,361 ver coinage was left free were those Duties collected and under the law of de9550,000,000, has been added to our cur eight slates aa large aa Massachusetts onto idlver. Gold would then flow into mandInevitably, Export! and supply, silver went down upon the stiver standard. The idea of rency in the face of the most deter this comparative! little France for out. 9669,841,714 the of instead (lowing country Agriculture their being "forced to a silver base mined opposition on the part of thosi Manufactures and gold went up, and now thirty-nin- e 228.489.893 Both metals, years, from 1834 to 1873, same the value, having is absurd. Their monetary systems are who are now men take advantage of this neces- controlled the 20,412,153 we could then the light for thi Mining leading price of silver all over in debt our pay foreign the same as they were before, but the sary result of their own wrong to dis- the civilised world by opening her 83,718.204 standard. Those men have alwayi Forest gold either coin. 6.685.814 credit silver. And during all the agea mints to the free and unlimited coinpar of exchange between the metals been In favor cf contraction, unless they Fisheries ' Q. What effect would the remoneti4,152,701 Miscellaneous a been broken by the closing of the could do the that both metals were used as re- age of gold and silver at 15V6 to 1. iseuanci the expanding by zation of zllver have on our exports? bimetallic mints of Europe and Amer- of bank notes, snd demption or real money their rela- And this, too, while the two greatest they are in favor o! them. 3S63.200.479 A. Increase Total It would greatly ica. Consequently gold is dear, and, contraction now. tive values, no matter what their rela- nations of the 779,710,024 globe the United States Imports Q. Why? tive supplies, did not vary more end Great Britain by comparison, silver is cheap. had different monExports over Imports. .9 83.490.455 first A. For many reasons. In tha than three points, while during the etary systems from France. England A a to the People of Mexico. would be a big Influx of twenty-thre- e there place years since the demand The MmiI PrflpmlltoB. Q. What do we give In exchange for silver from One word more. Mr. Case says "Mr every country. This would for allver was cut down their ratio haa had silver demonetised, while the Unitcoun2. There is not s tables? above in noted the the ed States bad a ratio of 16 to L Imports tella us that the people of Mexgo into our mints and be coined into changed from 15 to 1 to 31 to 1. A. The products of our farms and American No man who had silver In London try in the world that does not use both Bryan dollars These dollars. off an ico are better financially than All that la necessary to restore their or Now our factories. gold and silver. York would take less than he of in for the turn would noble of this dtlzena pay products the republic." That is because they cannot get Q. But in cases where the exports American farms and factories. In ancient ratio is to restore the ancient could get at the French mint minus Mr. Cast that statement This proves demand for silver aa redemption money. cost of what do we receive exceed the along without silver. They must have does not understand Mr. transport. This is the reason other words, our products would go to Bryan's ar- to make theImports, balance it for small transactions and to eke out good? at that the time silver waa demonesilsliver which the from the countries nor other he Neither any A Nothing whatever. the supply of gold. Germany has been gument. 1873 It was worth 8 per sent tised in condiMexcome. the is would This Just ver advocate has over claimed that Cnfnlrnasa af Sinaia Stsadsrd. Q. That's queer. How do you acmore than gold, because the French obliged to stop her sales of silver and ico la better off than the United States affairs that the people of this tion of This historical test proves another mint gave this ranch more for It than count for it? keep in circulation about 100,000,000 in the absolute tense. nation should aim for. We have i It shows that a standard com- we did at our ratio of 16 to L A. In this way: We owe a fast forof silver thalers. France could not be thing. thousand advantage! over Mexico, wltk Q. Has William McKinley ever adthe Interest of of debt 96,000,000,000, Induced to part with her any one metal cannot possibly pieces. posed which every student of history is famil- eign 16 be aa stable aa a standard composed of on which must be paid annually. When vocated the free coinage of silver at She needs them alL The United Statee iar. Surely Mr. Case does not thln our vasao' Haslaais Baa. two metals. The reason is obvious. exceed our imports the bal- to 1? has been literally coerced into the coinexports if Mexico had adopted the golf ance in our favor goes towards paying that A. Yea; when in congress hs voted dethe dollars of we silver have a standard composed When by steady age Notwithstanding thia conclusive exin 1871 she would be abreast off our and spoke for it. on our foreign debt. interest some of our "business meq mand of the people for the restoration standard one of metal In fluctuation perience, every only of the United States y. What alb Q. How do you account for his of bimetallism. The point, instead of out of their wits lest are Q. Is our excess of exports annually of rethe that whether frightened supply metal, la relfc ie men Mexico ver claim that to free silver? ulficlsnt to pay Interest on our foreign not be able to accomfrom this of the the may indicating the superiority of the gold country miners sulting output tlvely prosperous; that, while iu thi debt? A He failed in business a few years or from the cornering processes of plish what little France did so successstandard, shows its inferiority. It United inIs business States deprssssd, of the bankers and brokers, necessarily pro- fully and for so many year. A. No, not by far; our interest and two representatives proves conclusively that the great naand almost sverybody amounts to 9350,000,000 annually in ex- ago H. H. Kohlsaat of Chi- vides a corresponding fluctuation in tions of Europe and America have un- dustry stagnant hard money power, Besides, to wait for England to help tlmea, Mexico is cess of exports. complaining of and Mark Hanna of Cleveland, prices, and the burdens of debtors and us to restore ellver is as Idle nonsense dertaken to establish the gold standcago more than ever before, and Q. How dp we pay the Interest? earns to hie rescue and paid his debts. taxpayers and producers, aa la the case as it would have been for our fathers ard with an insufficient supply of gold. is nowprosperous with advancing great strides. A. In gold. About that time his views on free sil- now. to have waited for her to consent to mom a reflect for If Mr. Case will Q. Where do we get the gold? ver underwent a radical change. On the other hand, when we had a our Independence The Third Fropeeltlea. upon the significant slrcumstar .,1 We borrow it 3. There is not a sliver country in Q. Do you believe that a free allver standard composed of two metals, and We must force her, as we easily can, in Mexico everybody la satis!. --J with Q. Cite an instance. should vote for McKinley? the supply of either increased or di- to an International agreement, by makthe world that uses any gold money the republican whilt A. During the past three years the condition, monetary existing A. A sincere advorate of free silver minished people who needed money to ing It her interest. The United Statee along with silver. in the United 8tates vast numbers ol This is not literally true, but it Is people, probably a majority, are now government has borrowed 9262,000,000 cannot consistently vote for McKinpay debts nr embark In enterprises or government and its people owe Engin gold from foreign countries with for any other of the many uses for land and Europe several thousand milsubstantially, and it proves the supeand have been for years strenuously ob- which to pay the Interest on our for- ley. which money Is needed naturally lion!. If we make these debts payable Q. How should he vote? riority of the single silver standard jecting to the gold standard, and that eign debt over the single gold standard. When there la A. For ought for the cheaper and moat easily In gold or silver, at our option, as, Bryan. great discontent In every Q. Wasnt that 9262,000,000 for the obtained. This Increased the demand prior to 1873, and open our mints to silver is full legal tender all payments more: two or ocOne Q. it questions may country, purpose of maintaining the gold re- -j ran be made in that metal, and there cur to him that there lapossibly What was the price of silver when it for this metal and lessened the demand the free and unlimited coinage of both something for the other. Thus under the simple metals, it will he the Interest of our is no occasion for a mixed metallic cur- wrong with that standard which he hu serve at 9100,000.000? A. Apparently, yes; but if you will waa demonetized in 1873? I law of demand and supply the values creditors to have the silver, In which rency. waa ounre. A. It at five About 91.31 not discovered, and that bis per propo- remember that almost as soon as the of the two were brought to an equilibwe would pay the greater part of them, sitions are very far from being conclu- various bond tssues were effected the a premium. fixed point or ratio, which aa valuable as any other money in the a rium about The rwrth Proportion. sive. H. F. Bsrtins in Chicago Record. gold received was quickly withdrawn Q. Then it la true that it was not proves to have been about 15H world. This could be done by an Inter4. There is not a silver-standafrom tha treasury by holders of green- demonetized because the silver dollar history to 1. whleh waa the ratio established national agreement to restore the unrecountry where the laboring man backs who wished to send the money wti cheaper than the gold dollar? Mat tha Tariff. France. limited demand, which they destroyed ceives as good wages for his labor as A. Yes; the allver dollar waa worth by abroad in payment of Interest oa forman a But In the face of history It la claimed iu 1873 and 1874. will vota honest It would not be good Many In the United State. dol3 cents over a premium of the gold eign debts. could not maintain twelve months after we began to pay this that country Neither Is then any gold standard the Republican ticket this fall Just for Since 1873 silver has declined Q. How does this country happen lar. ratio by itself unaided by other in silver before England would be orcountry In which the laboring man gets a change," expecting thet prosperity to owe such a vast aura abroad? on account of demonetization, any value in on o. back the of tke g. countries. p. as high wages as in the United States. will arrive ganizing an international congress for A. Nearly all our largest Industries and all prices have declined with It. Let ua see. this purpose. There is no country on earth In whleh elephant by the tariff route. None so are owned by foreign capital. The Admit silver to the mints again and It the workingman has been so well paid blind am those thet won't see. During earnings must be paid annually. To force Europe and England la much will at once regain its old value. In as In this, but it proves nothing in fa- the last years of the McKinley lew remore becoming the greatest nation on The Silver Hams. we ever rerover these inCan manner all will other like Q. property, vor of the gold standard. Wages have gime the militia in five states wua called dustries? We must not forget that the demand earth than to be occupying the attitude particularly the products of the farm m been high in the United States because out to quell labor disturbance!, and A. Not unless wo abandon the sin50 per cent for money la largely dependent upon of a suppliant, aa the republican plat-froalmoat and adding factory, GOV. FISHBACK, .of the strong demand for labor and strikes and boycotts existed In nearly gle gold standard. purposes. or. to transactbe of business amount the of income to real the the producer-labElective Mansion, Little Rock. :tha thoroughness of labor organisa- every manufacturing and mining state ed tlwough ita Instrumentality. P. J. D. Qj Why not? tions: not because we have a gold In the Union. Journal, Mankato, Mlaa. tili I one-four- th i free-colna- aj m 100-ce- 91-7- ld half-starv- ed gold-standa- rd - 4, one-four- th gold-standa- rd gold-standa- rd gold-standar- d rd |
