| OCR Text |
Show THE REAL TROUBLE- Archbishop Welsh of Dublin has struck the keynote of the situation. He says foreign competition is not responsible for the fall of prices of agricultural products in Ireland; but the appreciation of gold is responsible responsi-ble for the situation. We agreo with the crchbishop in his views. Gold having been made the on y s andard, hai made that metal in-cren.-e in vaUe, 40 p-r cent in the ourse of t.veiiiy yers, a d as th suppi" is constantly decreasing, the value is pioportiouately ii creasing and wifl continue to increase unt.l bimet-tlism is adopted once more Mr. Welsh sho-vs the injustice of tS'''u her tiie price has been rixed lo. as long a ape.iodnf from fiiteen to lorty-uine years witn the recognized medium constantly in reniing in vaiue There is no juftice. in tnesystnu :tt all. It is g anting a monopoly of money to the rich and u.e con-requeht con-requeht impoverishment of the masses, mas-ses, io this fact is largely due the decrease- in value of real esta'.e, farm products etc., the closing down of many of our mines, the destruction of industries throught out the land. Panics, dull times and bankruptcy are to a great extent ex-tent the result of a scarcity of cash the channels of tradeare obstructed, labor becomes scarce, and discontent seizes the sufferers. Strikes become be-come an everyday occurence and at imes men are driven to despera-iion. despera-iion. If the monetary congress could be brought to see the situation situa-tion as it really is, ttiere is a chance tbat the proper remedy would be applied but unfortunately they seem to be more anxious to attempt some method of bettering the matter, than to strike at the root of the trouble. It is almost too much to hope that a conference of gold bugs will do anything for silver, or that such men as Rothschild have any interest in the welfare of the common people. As suggested by Senator Stewart of Nevada they may rob the gold bugs of the argument argu-ment that Eurapenn countries will flo id the United States with silver and in this way give the bimetahsts of the United States a better chance to restore silver to its proper place. The congress seem to be under the impre8iot. that by making silver a substitute for gold in the same way that bank notsj, checks, etc., are substitutes for money will relieve the pre sure. What we really need and uiuat have before long is not to make it a. substitute, but to make it money iu reality. Until this is done no particular benefit will re-suit re-suit from their attempts to doctor au incurable disea.--e, |
