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About The Alliance-independent. (Lincoln, Nebraska) 1892-1894 | View Entire Issue (July 21, 1892)
THE ALLIANCE -INDEPENDENT. Free Colnnjjo. Free coinage of silver means tho ' free coinage of all silver bullion, the Bame as tho country had before 1873 : By that law any one having gold or silver bullion could take it to any mint ... in the United States and receive its value in coin for it the samo as he can do with gold now. But the act of 1873 deprived tho people holding . silver bullion of that rlghl. Under that law silver rapidly fell in value r from 134 cents per ounce to 98 cents, a -and with the fall of price in silver fell .Jy the price of labor and of every pro duct of labor, more especially of cotton and wheat. The advocates of free coinage claim that if silver is remone t tized it will rise rapidly to its old price and with it all labor and the , products of labor. This country has free coinage of silver from tho foun dation of the government in 1792 down to 1873. Since it was demone tized wages have fallen nearly one half, and it has contributed its full share to the miseries of the country. We have now no law for coinage of silver, but the secretary of the treasury is roquirod to purchase 4,500,000 ounces per month of tho bullion ; this has raised the price but not to any great extent The objection of thoso who do not understand tho question to free coin age, is that they want honest money, and this idea is kept up by the rep resentatives of Wall street Money has but one function and that is its debt-paying power, and the dollar we have to-day will pay debts. Ask a man what is "honest money" and he will tell you gold, yet not five in a thousand have had a five-dollar gold piece, (the smallest gold coin in Eng land or America) in ten years. Gold is not the money of the people in any country. Germany and Franco have more silver coin than we have, while England coins more silver than the United States. Silver is the money of the poor man and gold is the money of the plutocrat He is willing that silver should circulate among the poor, but he does not want them to have . muck of it But when a mortgage is to bo paid oft it must be gold both of the old political party bosses agree on these points. Tho Toiler. Two and Two Aro Fonr. r If you know how many dollars you had when you went to town, and how many you had left when you returned homo, you can estimate how many you spent This seems almost simple enough to bo silly, and yet it is not true according to the treasury depart ment monthly report of tho money' in circulation. These reports tell how much is in the treasury, how much has been coined or issued, and account for the difference between these two amounts as the amount in circulation. This would be all right enough, and would be a -common-sense way of finding the difference between the greater and lesser number, but for tho fact that the gross amount coined or issued is reported much less in somo months than it was in the month pre Wious, and that the variation which t 4hotr nnnto in IhA nmrtiint rmnpfl np issuod corresponds with the variation theyquoto in the amount in circula tion. . This reveals tho- truth; they have a guess estimate hidden behind the innocent-looking heading, "Gross Amount Coined or Issued," a guess at the amount exported or imported by which they can make tho amount in circulation to increase or diminish each month as they choose. They ractically say, "I have so much; it uits my purpose to say I spent so much, attd these added together show that I had so much to start with."- ationai Economist Different Styles of Illtchlns Up. The poor old limping tariff is hav ing a rocky time just now. No mat ter in what shape it comes up, there is not difference between the two old nnrties to make a fuss about For the last twenty years, the RejmbHcani i D i jy S J- . THE AULTMAN & TAYLOR Machinery Company. g - w 5 , h M A vp. I ' w WA OUR MOTTO: THE BEST IS THE CHEAPEST." F. L. LOOM IS, Manager, Omaha, Neb WRITE FOR PRICES" Patronize Home Manufactories. Patented Oct. 1 5, '89. The ..Perfection Gear Waor, SIMPLEST, SHORT TURNING, HANGS LOW, .ABSOLUTELY NO RATTLE. FIRST CLASS IN EVERY RESPECT. Just the wagon for Farmers, Grocers, Milkmen in fact anybody. have been coming down tho hill of protection and tho Democrats going up, until now they have almost come together. One means- reform of tho tariff and tho other means tariff re form. "You pay your money and take your choice." Tons of tariff lit erature have been printed on both sides ready for distribution, but it is said the people won't receive it. Ru mor has it that one of the old parties bus already printed and destroyed two campaign books, and the third is in process of preparation. If these two old people can't get up a quarrel over the tariff what will their contention be during the coming campaign? This question grows in magnitude as the time passes and must needs be settled it once. Southern Allianco Farmer. m 3 ' llu Lull JL ml Get your old party neighbors to take the Alliance-Independent under our 25 cent offer. MANUFTURERS OF Mm Pure Hemp Binder Twine FROM HOME GROWN FIBER. We can offer to formers a better article for less money than they have ever before known. Will ship sample bag and take lodge note payable Oct 1, '92. Patronize Home Industry. " For further information address Nebraska Binder Twine Co., Fremont, Neb., or J. W. Hartley, Allianco Purchasing Agent, Lincoln, Neb.