The Alliance-independent. (Lincoln, Nebraska) 1892-1894, July 21, 1892, Image 15

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    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.
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M A vp. I
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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.