The Alliance-independent. (Lincoln, Nebraska) 1892-1894, October 20, 1892, Page 10, Image 10

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    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. .,
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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
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