Carolina Watchman

              the carolina watchman - " eciw equal and exact justice to all salisbury n c thursday,april 30 1896 the silver question established 1832 what the gold standard will finally brinq u3 to put in circulation among thefr own people where at its coined value it is a3 good as gold and hzo the same purchasing power the gold then goes into the vaults of london only to come back to the united statee to purchase our bonds at a high rate of interest the london bankers take in exchange our silver at | fifty cente on the dollar they having contracted far into the future at that price knowing that the production oi i silver is running short it may readily be seen why nations ; having a silver standard do not car ! to join the gold standard nations in ; international bimetallism at present they make e profit of ioc per cent upoa every dollar's worth oi gold they exchange but if they joined in international bimetallism they would be compelled to take in ex cnange for their manufactured articles our silver on a parity with gold there by depriving themselves of the hand some profit they are in the habit of re alizing for they would have to pay for our silver 129 29-100 per ounce this would leave the gold in our country and there would no longer be com plaints of a depleted treasury and a diminished go!d reserve fund and no need of further issues of government toite bonded deht in the same tim and there is a daily rccnrring deficit in.nr treasury the facts the gau standard ugumenta and tl n«a that can be invented 1 •.- the i test advocates of that | country and europe eann t v rthrow or refnte them uodei i ot the british gold standard prieee in tins country have fallen oce-half en terpnse is crippled or dead orogre-s has topped mpitmk hu congested the money centers labor is idle 01 working on reduced wagef the rich are growing rapidly richer aud the poor are growing rapidly poorer and too people of the creates and raonest jatioil in the world are reduced to a ntion where one crop failure wool j oduce revolution on the other nd s mexican dollar will bnras nuch in mexico or anywhere else in ihe world bs it ever would it will pay as mnch as it ever raid it has not depreciated nor appreciated in ; urct asing power invasion of the united states by the asiatics how they exrh.uco the prouacts of their labor for our gold which they in turn exchun-e for sllvc to lr cheap labor to coini»ctc with ours by joseph k clark butte montana the question that eseme most t bother the americana in regard to tc chlaebe-japaneee cituaticn ia whethe our brothers of the orient are cu financial superiors or not and aa thej appear to have the best cf the matte at present to an unprejudiced observ er it would seem that as they knov when they have a good thing and then make he best cf it they at least are the financial buperiora of those anti quated minds that see nothing but financial disasters in bi-metallism if the recent treaty between thnpe nations is carried out in the spirit aa well as the letter end to the adaptl bmty f • se is added the in genuity of the japanese their progress during tfc i . : tieth century would be wonderful inde d the chinese sir - the time of ccn fu lus seem to have done nothing but adhere to ancient customs the japan ese on the other hand are a people of progress and during recent years have made gigantic s-?r!<>r 3 j n all the arts and sciences and in commerce the first cotton spinning factory in japan was established at kagishima more than forty years ago by shemazu harihisa the greatest feudal prince cf modern times for nearly twenty years this was the only factory of the kind in the country bul in 1887 the people began to wake up and since then so m other factories have been established that there are now 580,564 spindles in operation which taken with those now in process of construction will make the total number of spindles nearly one million one of the articles in the japanese chinese treaty that will be most im portant to the development of the chinese and important to the world of : commerce reads as follows japanese subjects shall be free to > engage in all kinds of manufacturing industries in all the open cities towr.s and ports of china and shall be at liberty to import into china all kinds of machinery paying only the etipu i lated import duties thereon at first with but a casual thought up before menca.nff vtstwra n_p — prosperity that soon the united states would soon wrest from england the supremacy in the oriental trade all ihi3 would happsn and more 1 advantage were taken of the treaty , for the japanese look upon us a their best friends and if we were not brought into direct labor competition with them while we may be slightly benefited for the time as t is still they are rivals to be feared not despised or looked down upon and the treaty vir tually m-'l'-os china and jripan one na tion/with a population of 500,000,000 people for labor they pay about 17 cents per day in gold to men and 11 cents to women they are the greatest imitators in the world and as they have no patent laws by which foreigners may be pro tected they seize upon every useful patent and with their cheap labor turn out products for a net cost that would make americans open their eyes wide in astonishment a r*^cnt article in the inventive aee has the following paragraph one of the subjects for our states men in the near future will be hoy best can we protect the american man ufacturers and the american laborers from the imitative genius piracy and cheap labor of japan not alone in cot ton and ts but in the man " ufact-re of everything the arts pro duce thirty-five years ago the japanese might have been classed as barbari ans and they were divided into maay fections they had a civil war and th victorious party proclaimed the present reigning sovereign mikado of the jnpanesa empire ho was but seventeen years of age but had been educated iu the united states ami hart acquired many american ways and modes of thought under bis enlightened rule a great bocial revolution took place edicts were promulgated tolerating chris tianity and permitting buddhist priests to marry nuns it is claimed by some people that the marriage of this multitude of bud dhist priests accounts in a great de gree for the intelligence the japanese display to-day as a nation for the priests were the educated men of the land in 1s71 a board of education was formed and a year later a college with a staff of lurcpcan prc^ssors was es tabli3hed and hugely patronized as their chief intercourse was with the united states england and fiance the study of the languages of those na tions was insisted upon and the adop tion of ail mechanical appliances that could promote the arts and sciences was encouraged at this tiiiie one railroad was in op eratlon with ethers in process of con etruction now their railway system compares favorably with those of the european powers la 1870 a national mint was estab lished at osaka the machinery being imported from england in this year they issued their first coin made in their own mints heretofore it had been coined in other countries but used as national coin the japanese came f»om a mongrel tartar source and their origin dates far back into antiquity the national religion is bhuddism but sanction was given to the worship in the old faith sin fin or faith in god the chinese have historical legend that antedate the flood mentioned in the bible and have a history that reaches back farther than any other na the discovery of this continent for imbus had in his mind as much the very of a short route to cathay e had the desire to prove the cor ie3s of hia theory that the world round it had not been for his vivid and ing descriptions of the riches and marvels of this countit isabella and ferdinand probably never would have listened to his pleadings and have sup nlied him with vessels and men and k>y to make the trial ter a famous traveler sir john aandeville returned home with ing accounts of the country and with strange tales of the queer people inhabiting it their first porcelain furnace was set up in the seventh century in the prov ince of kiangsi but the celebrated furnaces of kintl chin were not es tablished until almost two hundred years later they now have over five hundred porcelain furnaces in operation which supply nearly the whole world in porce lain ware in the matter of baking tlie porcelain no other country has ever excelled them one single pieca passing through forty hands before it is deemed finished the date of the origin of the manu facture of silk in china is lost in the mins of remote antiquity from the chinese the persians acquired the art from the persians the greeks learned it while it is cot known whether the remans had it from the greeks or through some intercourse their sea cap rains had with the chinese themselves they excel in the manufacture of damasks and cowered satins and in their simple hand looms can reproduce the most intricate of french and eng lish patterns china crepe has never been imitated successfully in the tenth century they had in vented printing raachinea and were proficient in the manufacture of the finest paper their most elaborate works are the imperial canal and the great wall the latter was built about 200 b c and extends west from pe.kin along tho entire northern frontier for a distance of over 1,500 miles over rivers and across mountains and plains it was from 15 to 30 fee in height and 25 feet at the base while the top was 15 feet in breadth or wide enough for six men to ride horse back abreast the imperial canal is one of the greatest works of its kind in the world and flows from ptkin to canton a distance of 1,200 miles thi3 great i work was constructed in the thirteenth century and runs through a most fer tile country where every variety - : i vegetable life may be grown on a of the diversified climate thus centuries before we became a nation china had progressed in art and manufacture and although they have been isolated to a great extent ; from the rest of tho world thereby being unable to profit by the develop ; ments of civilization with the japa i nese to teach and aid them they will ; be able soon to mak anything that can be manufactured in any other place in they produce the raw material in their own land and sell the manufact : ured article for gold in a gold standard country direct your attention to what we may expect in the near future when the well paid labor of america will be brought into direct competition with the pauper labor of china n t — take sorr.0 active steps towards pre venting such competition — the wages of american labor will drop the gold bugs have always been vic torious you ask why because the massps do not understand the financial question this is true only in part the main reason is that the gold bugs have bought both judge and jury is it any wonder that they are awarded three-fourthe of the people of the united states are in favor of free coin age on a basis of 16 to 1 and have cast their votes to that effect electing on a silver platform men who when elect ed repudiated their promises and de ceived the people supporting gold bug theories regardless of the suffering and icieery their actions brought upon the people who elected them the time has come when the masse3 must make the great effort of their lives to gain recognition in the elec tions of 1896 the silver question will be the axis upon which all others re volve so prepare to make the fight of your live cast aside ali party affilia tions if you cannot get an honest man nominated in your own party vote for any honest man regardless of par ty but be sure that he is honest remember that the gold-bugs are preparing for the greatest fight they have ever had they realize their jeopardy and that the people have be come determined to be heard and so are making strenuous efforts to pro vide against defeat this is not a political fight it is a battle with the pluoterats of london and their agents in the united states on one side and the people on the other the people must win for if they lose the cause of the people — free silver will bo retarded for years nominate regardless of party an honest man one who will boldly and at all times support free silver and after nominating elect him and the cause is won beware of bankers they are false prophets and nine-tenths of them are auxiliaries of the gold bugs in london they are gold bugs themselves for purely mercenary reasons with gold monometallism they can retain their high rates of interest what does it matter to them that you lose your farm or your home that the laborers on railways in fields or in factories have to work for a few cents a day to compete with the cheap la bor of china and japan they get their interest just the same every one that can read should study the financial question and prepare him self to cast his vote for an honest true man who will at all times and in all places wcrii for the good of the coun tvy and the good of the people what little gold there is is controlled by comparatively a very few men or locked up in vaults by the hundreds of at the beginning of the christian era the roman empire had 1,800,000,000 of metallic money at the end of the fif teenth century they had less than 200,u00,000 india and china then were in the height of their glory and splendor and the inference is that much of the money that disappeared found its way into the coffers of the wealthy in dian and chinese nabobs in these countries gold wu needed s1lvebites o.n 10f re ch icag o con ven r ion w i lt bh con trolled by them ! good news galore from all sections ethe press 3iaking a strong and a inning fight teat indignation is feit among mis ottri democrats at false reports sent out to the effeot that eighteen of the thirty-four delegates to tha chicago convention are opposed to iree coiv ge this report was sent cut from sedalia on the nipht of the convention by an associated frees agent ppeciaiij bent on for the purpose when in formed that every delegate elected t i go to chicago was pledged t vote onlv i a free coinage man for the | tial nominee and every ( :. • i f n a pronounced free coinage raau agent simply said that it would e a good news item to end unt 1 a report and so it was sent i ra wires to the outside world to represent missouri's people and een^i tions for the chinese at this time were build ing the imperial canal and in india gorgeous and magnificent temples were being constructed are we going to follow this example i are we going to furnish money depre lands while p"''p rill g us ' at this time the roman empire must , have had men who well might have been named sherman carlisle and j cleveland who acted as emissaries to , india and china and made the roman , masses believe that silver was worth less and so demonetized it the monied pr-ople of india and china at that time probably were as ready to buy it at fifty cents on the dollar as their descendants are ready it of us and we are not sure bey even paid that much but however they lost their mon ey their trade their power for when a nation or individual loses money credit goe3 with it and with the credit goer trade and power to this loss of money and power may be accredited their decline in civiliza tion their decrease in population and commerce and the disappearance of their freedom history records noth ing to show the cause of this deplorable result except the shrinkage of bimetal lic ynonty history repeats itself and if we the people of the united states cannot re tain b imetallic money we will follow in the footsteps of the roman empire we alone are not suffering from the demonetization of siiver the peasan try of all gold standard countries are bharing the disastrous results with us in the statistics compiled by arch bishop walsh of ireland it is shown that prior to 1873 the exports of yarn from india to china and japan were practically nothing in 1873 oc curred tlio demonetization of silver what effect that had upon the industry may be seen from the following table ir 1 7 5,000,000 in 1ss0 • 25,000,000 ■* 7 oom 000 england had this trade until silver was demonetized in 1873 when she lost it and while losing this she lost in nearly every other branch of commerce in proportion it is only a question of time when all her spindles and looms will be silenced what has been said of england may be said also of the united states or any other gold standard country unless bi metallism be adopted demonetization of silver is responsi ble for this loss of prestige it is easily enough seen why silver standard countries prefer to trade with cno another and when silver is de monetized by any nation that nation immediately begins to lose her trade to cite a suppositicus case that may be made applicable to ourselves sup pose we were to have our gold dis counted at the rate of 100 per cent by the silver standard countries would v,-e not at once seek some gold-standard nation v 1th whom we might trade that our gold misht be taken at par re verse the case and the present situa tion is explained as i have said they sell the manu factured article in a gold standard country for gold and for gold alone they take away nothing but gold this is one reason and a potent one why gold is disappearing from the united states this gold is shipped to london and is changed for fifty cents on the dollar for bar silver which is taken to china and japan coined and then too they would purchase our raw material for there would be no discount on their silver money but at present as we will pay only fifty cents on the dollar for their silver they w : ;' not buy of us preferring naturally to aeal with some silver standard country where their bilver is taken at par this proposition appears to me sc ; imple so plain so capable of but one omtion that it is a matter of wonder ment to me that our so-called states men and financiers should hesitate concerning the course to pursue _ if this condition of affairs is to con tinue if our silver is to be used in this manner if we have to compete with the cheap labor of china and japan hat is to become of our laboring class of our farmers of all our in dustries a friend of mine who has a larer vineyard in california says that in consequence of the continued hard j times it did not pay him last year to i fc the grapes and that rather than j s*c them rot on the ground he fed them to hogs he also said that if the pros pects were no better this year he would make no attempt to cultivate his vine yard but would allow it to run to weed tilgher the price continued to decline j the same cause that affects our de pleted treasury and our reduced gold | reserve fund also affects the price of j ill our industries the price of wheat the price of cotton the price of every thing that is produced in the united , state there is only one remedy for all this i md tho sooner it is applied the it will be for ail classes of people in the country and that remedy is bimet his m . the cause of the trouble is the de monetization of silver r.hich occurred in 1st3 and the deleterious resuirs ave come upon u3 so gradually that we have lost sight of the cause in the sfiect when the people realize that the de monetization of silver is the real cause of the hard times they will demand with their votes the free coinage cf silver on a basis of 16 to 1 and when that time comes as come it must then will the tide of depression turn and bow in the direction of prosperity i predict that the time baa come hat in this year of 1896 — bimetallism will become a law the only drawback being that for the past twenty years tie geld bugs have had control of the press and the press has made the masses believe that silver is worthless and that nothing but gold 1b money i have too much faith in the intel ligence of the masses to think tha they v,'ill believe longer in the gold bug theory and if it does not com this year then in 1900 will they pro claim their independence of though and demand bimetallism but failure this year means four more years of bard times and low wages when the people come to understand that thero is not one-fourth enough gold in the world to supply them with nioneyj then will they rise up in their overthrow the s:ngie gold i andard and place silver where it be longs as the people's money the silver cause has been discussed for twenty-three leng years during this time we have ha great panics and great strikes tramijs have overrun the country and the cozey army mad march on washington ilver has been championed and de fended not only in the united states nent lawyers and statesmen but up to the present time has been defeated in every trial _ e " « wtnff on every nation oi has to run a diun ou <-■> the glebe ought ttmak^s own platform and make it to suit themselves an incentive to work fr..m the columbus 6a , i the fact that judge crisp's physical condition has become such as to make it necessary for lim to return to wash ington is resetted by hi friends throughout the state and bince be can not be in the state for the present his alrt-nea is an incentive to his fn to work for liitn all th 1 larder the reception of judge cri=p by georgia democrat during his recent visit to the state has never been ex ceeded in enthusiasm by that given any candidate for any office in g r gia in years the people recognize the fact that the principle of which judge crisj an advocate is one that involves t welfare to a great extent they rea lize that without its enactment into legislation the financial affairs of the j great majority of the people h::ve j reached the lowest point in the his i tory of this country and that despite the protest and the efforts of those who are interested in and who profit by the present condition of finances that they must rise in their power and secure themselves from etiil further financial disaster this work the people have a bold """ ".% illinois is solid free coinage and peona bwept the j meeting of the democratic state central j committee at chicago last m nday peoria was the tree coinage wing's lection aa the meeting place of the ; state convention on june 23d and the , single standard men wanted spring field the division was clean-cat ana was well understood the result was peoria as the selection by a vote of 21 t0 9 - i ♦ the result of the meeting shows that the free coinage men have absolute control of the situation in illinoi3 and that the gold people cannot possibly show up at the finish they may have hopes but they have no chance for ictorr it was expected that ex-mayer hop kine,who is made a most insistent gold man in the columns of thecbicago pa pers would be iu the meeting for the purpose of testing the free coinage strength by leading a bolt to spring field " it was another fond delusi in dissipated ' peoria !" stoutly yslle 1 the ex-mayor when his name was called . . tin single standard men industri ously floated a rauiot which declared that chairman gahan of cook e mnty central committee hud gone for gold but he announced for irte coinagt the crawford law primaries which it s oonceded will give the gold men their best opportunity of victory we c£»n beat uie tingle standard me n to a standstill said gahan they may hiive a single btandard,bul they haven't a single chance of victo rv " from the national eimetalllst + • prosperous mexico from the n hviil ■ i ; - the advocates of the gold sta have bc-fn pointing to mexico asn r rible example of the effects of the free and unlimited coinage of silver many people who res 1 little and less have pictured in their m tion the terrible consequences of sue a financial policy to thib country the state paper of mexico and le new papew of that republic boh concur wxthe statements of intelligent and well informed americana who have sued mexico in the statemen mexico i prospering beyond all prece ded her history in bis receot r ,.= prpsijent diaz bays me . 8 . s t r dinners which some time ago threatcncl nnnnciauitua on bay ing happily pawed away the depart sfnt of finance has been able itself without anxiety topi revenue his departed let us aever to return now an tl hand the revenue has conside cjeded the estimates and during srhalfofthe current fi.cal year the receipts of the nation were 2,00 dent of the republic of mexico the actual condition in the |- 3 trte , today whie the day of leficttfl in the u.^nal rev.ou mextco has departed and the rec s t"e first six months of the p j year were uomiuion dollars in excess , o f the expenditures the united states added one bundred million dallars destrl ttivf cyclone property worth rhoaaands destroyed houses and live stock gone a - ssss ssii^wmth it tore thr tl r^nnitv fd4 notbidr ' ' . s ton ere . ■ si ■ nek of the si • i - inty electfrt a female ticket thn enfrau i j v iiif vol xlik no 7 gold advocates losing nop a whshington special ay it i-i w conceded on ail sides that tle frt co :•!_,;- men will control the ( contention end the gold contra iet of the cast ere vecomirp franti over the situation they had an nouceed tbf silver movement's demia so often that they had begun t i t li.ve what they claimed the drean tta i bweet ( n to thtm lut the jllh of the awakening hes letn bo hai their nerves that tht-y hfive crud ou n their agony arid tlmugh th gar are low badlj advising their so ealnd sonnd mc : f y followers topre rare to bolt the rjatiocal contention every day the evidences oi silv trol of the national convention in crease the matter is widely discus at the capital add the fact that the worst fears of the gold people will be realized finds constant indorsement judge montgomery ol kentucky ■ ne of mr cleveland's appointees on indian commission find a c i sistcnt gold man is reported a eaying tlai there wns lo longer any doubt that the free coinage nu n would conti i make the platfcrni n nnme the can didate ex congressman springer of illi nois alothcr gold man (■&.,] bb well concede illinois tin ulvex dfmccrats ere in the saddle and they will ei.d their own delegation from uliloie i thii.k silver mm k.'a have the national convention 1 regret it buckeye state delegates are eiecuea > -.. congressional districts about two thirds of them will be silver men senator brice is attempting to turn the tide but he is too late he is n car.diilate for ft delegate-at-large while he may win be cannot control the delegation allen thurmau baa been the leader in the free coinage fight and is winning all along the line senator jones oi arkanfiw vh i one of the i-troncc^t of thefreecoii leader and is kee-ping a close icm - < verthe conditions that prevail says we will control the convention by , . working majority even theauigl standard eer.ators here admit that end shall have from all the stat free coinage delegates who car tricked bull-dozed nor bribed l i e to eee on n like coke and r a ? a from texas harria from tennes ■ money rrom mifsiesippi morgai alabama and such type of men hea ibk ihe delegations from all th r r tleteonbenoworkontbede r rations like that eccomplished in 01 lf st convention you remember ho that «« done i have no doubt wha ever about the convention it dare emphatically fox free i the opposition leaders admit i we mnst keep up ut ■• ■ r •■' a — - — f i ! i __________ ! j ; t —-* j — — ' —^^ — *- i . <^•'.- *-' e jja « m *^ ; &; 1 l j j y^v^mtjzj^s | ss_lpm**u3 after thb aate 4pbp fe ; wn jpfpl n p iff no money arth mi ; -™ i^^^^^^&i^^_il^tr^-;j g pi fee in circulation r_h i r^sbp^^febss^_&sa i / !' "• 4 ? i fe : fe ; i tickets jri 1 . i v^htl^l^_^_^^ll > j $ = ; - " v ? : ; ' : fc win be i»ued r j^^^@^mki^^^hl •;•)!'!■} fij % order of * " s i l,js tjl 1 p-ltocrflttbe t fr?ff k j „ v :-,^ , .,■——--- sb 1 1 i j | j