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r to maintain high interest rates while reducing prices, and that it was the tool with which they were everywhere welding the shackles upon labor. "Coin" harped upon a string to which, down to the time of the Spanish War, most Americans were ever responsive--the conflict of interests between England and the United States. "If it is claimed," he said, "we must adopt for our money the metal England selects, and can have no independent choice in the matter, let us make the test and find out if it is true." He pointed to the nations of the earth where a silver standard ruled: "The farmer in Mexico sells his bushel of wheat for one dollar. The farmer in the United States sells his bushel of wheat for fifty cents. The former is proven by the history of the world to be an equitable price. The latter is writing its history, in letters of blood, on the appalling cloud of debt that is sweeping with ruin and desolation over the farmers of this country." When many men of sound reputation believed the maintenance of a gold standard impossible what wonder that millions of farmers shouted with "Coin": "Give the people back their favored primary money! Give us two arms with which to transact business! Silver the right arm and gold the left arm! Silver the money of the people, and gold the money of the rich. Stop this legalized robbery that is transferring the property of the debtors to the possession of the creditors... Drive these money-changers from our temples. Let them discover your aspect, their masters--the people." The relations of the Populist party to silver were at once the result of conviction and expediency; cheap money had been one, frequently the most prominent, of the demands of the farming class, not only from the inception of the Greenback movement, as we have seen, but from the very beginning of American history. Indeed, the pioneer everywhere has needed capital and has believed that it could be obtained only through money. The cheaper the money, the better it served his needs. The Western farmer preferred, other things being equal, that the supply of currency should be increased by direct issue of paper by the Government. Things, however, were not equal. In the Mountain States were many interested in silver as a commodity whose assistance could be counted on in a campaign to increase the amount of the metal in circulation. There were, moreover, many other voters who, while regarding Greenbackism as an economic he
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