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Effect Of Free Silver

Effect Of Free Silver image
Parent Issue
Day
22
Month
July
Year
1896
Copyright
Public Domain
OCR Text

The New York Ileinhl, democratie, iv'M Hu' ('Heel oí a l'ri'c silver viclmv, .Mini cvc'iv perion should remi and pon den "i''rcc, unllmlted, independent ooin' hk'i' -i' "; id i" would thean dolían worth only 53 cents, The wage earner miei the man im salarv would bé paid In these, tlms ■ 1 1 1 1 1 u liis [ncome down nearl] one haW, and every debtor coúld i:iy his creditor with these deprecíate! dollars. IÍ it everbecame evident thal the Anioriciui peoplc wen1 so lisl i.mcsl and bo Coolish :is in adopl suoh a policy. there would be :i rush i" ántiolpate ii i'll'c.is. The six liiimh-cd inillinns gold in the OOUntry WOUld :il mire lic hnniilc.l or exportad, and iiiis greal contraction would precipítate r panlc, wltli all iis dread Beque] í prostrated business, hile Industries, and unemployed labor. in the crash and In In ■ subsequenl re atljustuaenl t" the depreciated ourrency the rich would gel rlcher, the poor poorer than ever, and 11 would require n generatlon ol organii ed agitatlou to bring back wages to their present rela live purchasing pow

Article

Subjects
Old News
Ann Arbor Courier