Image provided by: University of Nebraska-Lincoln Libraries, Lincoln, NE
About The Alliance-independent. (Lincoln, Nebraska) 1892-1894 | View Entire Issue (Oct. 20, 1892)
10 THE ALLIANCE - INDEPENDENT. AN HONEST DOLLAR. Never was a more hypocritical cry set up for a baser purpose than the cry for an "honest dollar." It is the old cry of "stop thief," lustily yelled by the thief himself. Selfish men who desire to keep the money of the country under their con trol spread the Idea that the populi9t3 want something new, somo visionary financial scheme. Nothing could bo farther from tho truth. The people only ask tho return of that which has been taken from them. They ask nothing that has not already been ,ricd and proven good. They afck for the "free and unlimited coinage of silver." Is there anything new in that demand? We had free and They raise the cry of "cheap money." They say ilver has fallen to 70 cents on the dollar, etc. Now silver has not fallen, but gold has risen. An ounce of silver is worth as much in wheat, or cotton, or almost any other com modity as it was twenty years ago. But the ounce of gold is worth today one and a half times as much in wheat, cotton, or other commodities as it was twenty years ago. Gold has risen at least 50 per cent, since silver was de monetized, and everything else has fallen in proportion. falling The effect of this continued in prices is to rob every debtor, by in creasing the amount of commodities he must produce to pay his debts. It en riches all creditors by iccreasing the value of every evidence of debt. It Jtwuocs stagnation In business. Falling unlimited coinage from tho foundation I prices cats up profits as every mer- of the government till 1873 nearly 100 years. Tho members of the new party doraind that silver be restored to its old placo in tho currency of tho country. They 6imply ask for the full remonetization of the old silver dollar, the "dollar of the daddies." A great cry is raised that free coin age is demacded simply in the interest of silver mine owners. This is hypo critical. Nothing is demanded for silver that is cot granted to gold. We have always had "free and unlimited coinage" of gold. Is that simp!y in the interest of gold mine owners? Silver was demonetized in secrecy. Tho act was a fraud on the American people and a crime against civilization. It was done by conspiracy. John Sherman and the English bankers were the chief conspirators. The ! chairman of the committee which reported the bill demonetizing silver Eaid in his speech in congress: Ernest Seyd of London, a distinguish ed writer and bullionist, is now here and has given great attention to the subject of mints and coinage. After examining the first draft of this bill, ho made various sensible suggestions which the committee accepted and em bodied in the bill. The following summer the Bankers' magazine, the chief organ of the bankers of the United States contained the following paragraph: In 1872, silver being demonetized in vjeruiAnv, Lnirianu ana iioilanu, a capital of 100,000 ($300,000) was raised and Ernest Seyd of London was sent to this country as tho aerent of foreign bond-holders to effect the same object. . Only a few months ago Frederick A. Luchenbach of Denver a prominent capitalist, made an affidavit stating; that Ernest Seyd had told him in Lon don that he came to America with 100,000 and secured the demonetiza tion of silver. - ' : ; . ' Yet the very men who defend that act are the men who cry aloud for an "honest dollar!" "' . The silver dollar was demonetized by simply dropping it out of the list of coins. General Grant signed the bill "to regulate the mints" without know ing the silver dollar had been dropped out.' Garfield, Blaine, Voorhees and many other members of congress have declared that they, voted for the bill chant knows. Men who have money seek to loan it out rather than invest it. Hence debts increase and industry languishes. The populists also demand an issue of a reasonable volume of paper money by the national government. They are entirely hostile to state banks or "wild-cat banking." Again there is nothing new in this demand. More than a billion dollars of green backs wero destroyed after the war to give placo for national bank notes Now the national banks have utterly failed to furnish a sufficient volume of currency to say nothing of the iniqui tious principles they involve, Further it is only a question of a few years when the national bank circulation must disappear. The people simply demand the re-issue of the legal terder treasury notes in sufficient volume to : meet the demands of business. Again the cry is raised that to be honest a dollar must have intrinsic value, and every dollar must contain a dollars' worth of metal. This is lalse, and contrary to the highest authority The congress of the United States has full power "to coin money and regulate the value thereof." It can select any suitable material out of which to make money. In 1864. the supreme court of Iowa consisting of three eminent republi cans handed down the following deci sion: "When the legal test is applied each DOLLAR OF EVtRY MODE OR FORM OF CURRENCY. DECLARED TO BE LEGAL TENDER, HAS THE SAME VALUE, WITH OUT REFERENCE TO TflE MATERIAL OF which it is composed. And we can not very well resist the remark, that the sooner this is known, accepted and acted vpon, the better it will be for national, monetary and volitical integrity, as well as for individual and general morality prosperity and success. There is no higher authority on such a question than the supreme court o the United States. In 1879 ithat cour handed down the famous legal tender decision which contains the following lanffuasre: - "Bv the obligation of a contract to pav monev is meant to pay that which the law shall recognize as money when the cavment is to be made. It tnere is anything settled by decision it is thi? and we do not understand it to be con troverted. No one ever doubted that a debt of $1,000. contracted before 1834, could be paid with one hundred eagle: coined after that year, though they contained no loore gold than ninety four easrles when the contract was made, and this not because of the IN trinsic value of the coin, but be cause of its legal value " - The organized bankers and money loaners of the world are determined to reduce the whole civilized world to a gold basis They know tho supply of .ROldjOiverly jmaaequato to the ousi gold can be easily monopolized. They know that a gold standard means uni versal and perpetual poverty to wealth producers, and untold wealth to the few that do nothing. In the end it means the decay and downfall of our present civilization. And no man can earnestly study tho subject without seeing that this is true. The reople'3 party wou'd prevent such an awful result. And it proposes h nnlv remedv: An expansion of the currency by the free coinage of silver and the issue of paper money. Can any man point out any other escape rom the single gold standard con spiracy? Tf ?a iimn nil CAnClKlfl fnen sVlfMlld molra o cnrimia efilltr nf tllia tinflTlfM A.1 problem, and cease paying attention to mu unos act up uy eciuau jxicu hj unci u the attention of the people while their pockets are being picked. It is high time indeed that every patriotic man cVrmLl ofndr a miAsHnn nn th settle- ment of which the future of his country uepenos. Both Harrison and Cleveland are ully committed to tho s'ngle gold standard. In 1884 Cleveland was elected on a platform promising free coinage of silver. In 1888 Harrison was elected on the same promise. Hut . . - . both of them repudiated those plat- brms after election, and bitterly iirmosed all free coinaere legislation. V - m 1 1 t A - 1 Either, if elected this rail win veto an silver legislation that may be enacted in the next four years. Cenoral Weaver is the only candidate 'or president that stands for finance re- 'nrm. He. has made ine affiiauon oi this subiect the erreat wort or nis me Ho is a brave and noble man, a wise and patriotic statesman. Jvery man who desires to uruiuuw tuc wwuuo ui to relieve the distress of w.TJ, wealth producers, to enaDie tne peopie a A- t Jl nl4 n 3 nn Tj-h IViaih t.n ce.L nuL in uuui. auu oavo mon h nme.s. every man who desires that his children should enjoy the blessings of liberty, should vote tor uenerai weaver Mr. George Howard Gibson, Formerly Editor of this Paper Volunteers Tes timony Which rrin Interest its Readers. Jite Xie I'nt riots? Surely we have wills of our own and having we dare to execute them though the heavens fall. Has this political revolution been orougnt aDout as a cnuu s play, or has it been deliberately considered by patriots? We say it has been in- spired by love for liberty of thought and by a desire to rescue this repub lie from the clutches of concentra ted wealth. Then is not the People's party a legitimate child of necessity and as such should it not be fondled upon the knee of toleration? If you have declared your political freedom, if you have broken away the shackles of party slavery and can now say you wear no machine yoke then you are ready to resent the in suit by the Jehazyites; you are ready to strike back when the party lash is plied. You are ready to proclaim to the worm on November 8th that you have a will of your own. that you live for "Kalie and the baby" and not for bourbon Democracy, The sore distress abroad in the land will find no comforter in tho crack o the party lash. I alriOtism has been aroused, it knows its duty and will surely do It No amount of intimida tion, no sweet toned coaxing will per suade it to again put on the yoke o partisan slavery. We are out in the pure, bracing air of freedom, there our hosts are marshaling by the thou sands, yea by the millions, to do bat tie for a principle which is near and dear to civil liberty. Wo want no traitors in the camp. We wantonly truo and tried men though our num bers be fewer, if you fear the party lash then step out of ranks and let a braver, truer comrade in your tteack The Toiler. ., Subscribe for The Alliakce-Inde T trab Testimony The readers of this paper who suiter from catarrh and throat troubles will be tpeclally interested In the testimeny of its former edi tor, the author of "Songs of the People." It is giyen below: Lincoln, Neb., Sept. 87, 1892. Dr. R. L. Moobb & Co., Lincoln, Neb. Gentlemen: It gives me pleasure to add mv testimony to the nuuareas wno naye been, in the last year, satisfactorily and suc cessfully treated by you for chronic affections of the throat and nasal passages. Before go ing to you in June last I was for two months or more under treatment for catarrhal laryn gitis and pharyngitis, my physician being one of the best regular practioneers m the city. He employed the usual remedies for throat and nasal inflamations, but the disease had be come so firmly intrenched, having been thirty years at work, that no advantage could be gained over it. At last becoming satisfied that a thoroughly equipped scientific specialist, having the best instruments and remedies, could alome cope with the disease, my physici an, who was also my friend, advised me to go to you and accompanying me to your office gave me a personal introduction to Dr, Moore. My treatment began immediately ana the disease soon began to yield ground. I am now able to say from personal experience that ca tarrh can be cured. And I unhesitatingly commend Dr. Moore & Co. to all catarrhal sufferers. rhere are specialists and specialists I shared with intelligent people the common fear of being impos3d upon by charlatans who always freely advertise. But this reasonable doubt was destroved before coluc to you by the assarance of my trusted medical adviser that you were first, regular physicians, gradu ates of the best medical schools, and that you had taken in addition special courses to thoroughly fit you for the successful treat ment of eye, ear and throat diseases. Yours very truly, Geo. Howard Gibson. Neglecting a case of catarrh may-cost you your life, or the loss of sight, hearing or smell ing. We cure catarrh. We cure all forms of catarrhal diso. such as loss of hearing, weak and sore ey co, ot-i1.i:,,,t1d lids, chronic sore throat, ringing and noise iu lli ears, en larged tonsils, hay fever and asthma. Our treatment is the best known to the scientific world, skillfully and methodically applied. We cure where other specialists fail, because we devote our whole attention to this class of diseases and apply the treatment personally. Remember that a little cheap powder blown into the nostrils will not cure catarrh. Dr. Moore & Co. , successors to C. Warren Dennis, M. D., Catarrh specialists, Eye, Ear, Nose and Throat surgeons. Graduates from the best medical colleges in America. Con sultation free. Hours, 9 to 12, 2 to 5 and 7 to 8. Sunday 3 to 5 p. m. Office over First National Bank, O and 10th Sts. Correspondence solicit ed ' 19 USB ho FACE LEACH FOR Dark, Sallow AND SUNBURNED-:-COMPLEXIONS. This Blench removes all discolorations and impurities from the skin, such as Freckles, Moth Patches, Sunburn, Sallowness, Flesh worms, acd Pimples where they are diseases of thi skin, as they often are. ForSala by all First-Class Druggists. Price $1.50 per Bottle. O A TCMT OR NO FEE. - A 48 page book free. Address W. T. FITZQEBALD, Att'y-at-Law.