Image provided by: Harney County Library; Burns, OR
About East Oregon herald. (Burns, Grant County, Or.) 1887-1896 | View Entire Issue (Aug. 7, 1895)
only ally during the dark days of tained the same unit value. But the revolution. In 1834 this ratio . they did succeed in making gojj was changed to 16 to 1 to conform more valuable, dearer, rarer, harder COSiTIXVKD FROM SUPPLEMENT. to the standard of silver producing i to come by for the many; easier i a hundred billion dollars worth, countries, on the recommendation to be gobbled up by tne few. On which would leave nine hundred of the financiers. Now, the govern- the 12 day of February, 1873, they billions for the majority, which ment issued to circulate as money tried again, and succeeded in get- would two hundred odd dollars among the people public promissory ting a law through congress, the less apiece than fifty years b< tore. notes or inland bills of exchange effect of which was to deprive silver I Suppose twenty-five years later the called bank notes, or greenbacks, of its right to unrestricted freecoin- [ten millions had half the tags, the which represented gold and silver ( age. to destroy it as a legal tender nine-hundred and ninety millions money, and these constituted the money in payment of debts, except * ’ I could only have half, too, making medium of exchange for the most in the amount of five dollars, and for each of the majority only a one- part among us for a long time; but to make gold the unit of value in half share of the world’s wealth. after January 1st, 1879, these were stead of silver. Av that time we Suppose that at the present time 1 called in and gold and silver coin, were al! using this paper money I 1 l>er cent of the population of the the real money issued for them; have referred to, no one was hand Burns JVTO-EVt JVIarKet. A had 99 per cent of the tags and we may regard the gold and sil ling gold and silver coins to any Figure that out. Ten inillioi s of ver now the medium of exchange of extent. It was when specie pay I people then have nine hundred and ments were about to be resumed the republic exclusively. It is first clam in every respect. The proprietor having been raised ninety billions of dollars, leaving But as I have endeavored to show before the people or their represen- in the business knows just how to conduct it. Meat at retail and whole only ten billions of dollars tor nine you this fictitious value given to | tatives appeared to know what the •ale price« You can buy by the quarter, lean or more, and at prices hundred and n’nety millions of money kings—no they had not na low aa you would have to pay ranchers Beef.Pork,Mutton, Sausage • people; for each, if equally divided money has made the one article the •quite got to be kings \ et—the possession of which enables its etc- K. A. M atthes , Proprietor among the nine hundred and ninety I money barons, let us call them— • • I million, only about ten dollars. ■ owner to become the owner of every had succeeded in accomplishing foi I Now don’t you see how the poor other article of the world’s produc-l their scheme. The newspapers, I havc grown poorer? At first their tio . that is to say. instead of the ever in the interest of the plutocrats, share would be represented by a production of the earth being wealth, had kept still about it. The presi thousand dollars, for these are only money is the wealth, and the pro dent said he didn’t understand illustrations to picture out to you ductions of the earth mere repre the bill when he signed it. and, as the process, the progress of the sentations of wealth, when it ought Senator Daniel said, “It had gone money power fur the last hundred to be just the other wav You have through congress like the silent e .re. Fifty years later they could ■ heard of the expression “Cotton is tread of a cat.” I have left only eight hundred dol king.” The soil of the states of the Of course there was a hubbub on lars apiece. This illustrates tin- ' South produced cotton and that I j the discovery of these tilings and principal. There can be only so commodity was in demand in the' as today, so then, statesman were much wealth in the world. If all markets of the world as an article ready with plasters of all sorts to Uli WARK is the whole stay •t Imitado» tr*4« start even ami in fi^ty years the few of great use among all mankind. mark* »ad laMa. patch the hole made in the wall of about have halfof it all, the many must Whitney invented the cotton-gin. prosperity, and others with wet l»e poorer in proportion, poorer bv This invention gave a great impetus blankets, for every suggestion made half than they were when they to the cotton trade. Negro slavery I for undoing the mischief, urging started, just as when the rich get it made the raw material for the ein fears of disturbing the money mark i all the poor can't have anv. This easy to come by and as by means et, affecting prices, interfering with iti D0 mOrC ,hin °<her fackl*esoda—oever spoil» is as simple ami as true as anth of their soil and slave» the pe< p'.e of Ill |J<1 VlyCl«^ v>3< flour—universally acknowledged parcst in the world. | rnetic. If there were a hundred | the South could raise and send to the business of commerce, and otherwise laying hands upon the Made only fcy CHURCH S CO., Hew Tori. Said iy grocers everywhere. men in this country and a hundred . the gin this material cheaper than Write for Arm aad Hammer HooA of v» laaAJo Prrtpcw fJt.Bg. dollars represented all th“ wealth, | anybody else and in greater quan- greedy few; and so the years went ... . » . Auuav the financiers are more and ten men hid ninety dollars, titles, thev acquired a inunopolv in L on. u Today > They have changed ninety men could only have Un the production of it, set the prices tho 1;,.( the “cat like tread’’ for the phalanx dollars, and you can’t figure it out and thereby controlled everything' roll of monometalism, and thev sav, ——— any other wav. cotton was traded for, even money. “let us demonetize silver altogether; Now let us see what the rich are I’herefore. whoever got to be the let gold be the sole and only king.’ owner of cotton as a producer under per-on send doing with their share, Their time has come. They have he amount « | 1 have «aid that Lycurgus gave such circumstances would become in their hands a grasp upon th« c*nts CXfril . iron to hi* countrymen to use for powerful. financiers’ dream of the last cen | money. Anv thing is money which 1 he Southern oligarchy got con tury. I men use for the medium of ex trol of it all, and became so p >wer- I have said it is very simple. It •change. Abraham used silver, ful that they bossed the South and is so simple that in the mass of I Raineses u«»d gold rings, the dictated the whole republic; none theories political economists art I Phoenicians, Roman* ami more but Southern nn n could be pn si- putting fo. th, to b.fog themselves modern in« reliant nations used dent unless the oligarchy said so, and everybody el«e. the real sub r? ZT ZE coin; onesavsgv trib.- in early times and when numbers at length arose stance of the matter is lost sight of us- d leaves; in the early history of in their might and elected a North Here it is in a nutshell—say there • he colonies the ;a*ople of Virginia ern man whom the oligarchy did are a hundred men in the world and used tobacco; in New England, the not want, war broke loose and fields two hundred dolla~s; une hundred pine tree shilling; in the western were fought which ended in the dollars of the two hundred are sil . ukJi um ia 1 V »I , wilderness, the skins ami furs of overthrow of King Co.ton. .1 ust so and one hundred are gold, and wild beast«; gems a uong the an- now, money is king, and whoever 1 ver both are The ?c$t Reference Book Ptii’k-j. —....... J money- Now I want you | cient« proved the best lutdiuui for can get the ruonopolv of it will be'r A Volume of over 500 pages kv» »Viuvuivvi «.agcr* to remember nvtv here HUUUb about WMV the tags. a traveller to have alanit him, as so powerful a* to becotUM th It Treats l,4C0 topics Money is everything already, and they parsed current everywhere «••owned king of this country and i he who owns the money will own Endorsed by STATESMEN, among civilised nations. Ther* is of the world. the world’s productions whether he EDUCATORS and no maaic in gold. Diamonds could 1 have shown you how financier, j himself produces them or not. Re- be useti just as well for money, and tried to bring this about before. STUDENTS eu‘;y where. member lhat. and also remember I there are metals in use in the arte Il remains to see how they Ha* Reached Such a Stat» of Per »re that this fictitious value of money t that would make as gm d or even working it now. fection lhat it i« u Ver.table It ’9 very simple, will enable the possessor to dictate Iwtt, r coinage for the medium of Encyclopedia of Facta. Statis • r t j< v ha«, a.’« auv got the article ’ the values of everything elee. Such exchange tic« and Event« drought r»nwn ' 1 ' " monopoly of. down is the unwritten law; the financiers to January Plrat, nws. Hut when our father« came to rhe two iutt.il«. gold and silver, haye got society to adopt In oth- K 189$ volume it a «hole lirrrry coinage part in framing the govern »nd the fictitious value of r------- * er words. I can stand in the wheat in itself. One can hardly think mrnt for our society they siw fit to ha* l»een long established. money Now | pits in the ( hicago board of trade. Now of a quettion it cannot antwar. It telh make gold and silver the money of the silver dollar remained the Sai --- mi«- and by possessing mvseif, by means all about partv platform«, election tta- the republic. I’ongrsM in I7!*2 ' The financieis of the grabbing svstem established littica, the new tariff, religion» of the fixed «he monetary unit at 37j • > pr«e• »«» it in 1834 by 1 there, of the money it represents, I earth, population everywhere, itate and grain* if pare «liver to the dollar * .ri ‘'d from lo to| can become the owner of the crop fovernment ttatittu-t, occupation« of ami provided for a certain amount 1 1 to "r lb to 1. the difference between, vou are raising by your labor in the men. foreign matter», literature, tciencc of copper lo h* mixed with it it, gold, the basis of their «rheme, and and education. It it . . . field«, ai d dictate what you «hall 'coinage «« an alloy, to give it hard silver, the money of the poor. That ness and durability. The relative is. from gold being worth 15 times have for them, putting, if I please, the value of vour lal»or below the weight in bullion that went into the as much to gold being worth 16 coet of vour support Now let us Coinags of gold and silver was fixed times as much as «live»; hut that go on. In Waenington ’ e time ten PRICE. |M»stpaid b mail. - 25 CENTS. at 15 to 1 breauae France had time their scheme did not work, adopted that ratio and at that time Ixcau«. instead of the silver dollar' men had ten of the one hundred Address TMK WORLD, New York Cirj, >»ur people were much attached to bemg made larg»r. the gold dollar gold dollars and ten of the one hun dred silver dollars, leaving for nine- that nation, which had tssen our wa« cue de e mailer and “silver re COXTlXl'Kl» OX SAUK »«VK. I ARA AHP HAAAER SOPA v m I AMERICA'S STANDARD YEAR BOOK.