Show HOPES FOR COINAGE english bimetallists say that undo uncle sam sain should take the step now new york july 24 mr air richard lacey of 7 old slip has received a lottor letter on tho the silver question from richard lacey evoret everet M P the cable reports of tho proceedings of parliament have mentioned mr air everetts letter is as follows the fooling feeling of many friends of free coinage of both metals in england both to the action of the government as to india first because it has taken a stop slop of worldwide world wide importance without consulting though was waa sitting at the time second because having in early part of the session i indignantly i denounced tampering i ng with the currency it had now tampered with it in a way away that rests resta upon no pie and that will adversely affect the dumb and helpless millions of the continent of india third because it did all it could to fu strate strato co coming ming to an international agreement as all to silver and gold brussels while it now seeks to carry out a bastard bimetallism between india and england by their joint action alone fourth having railed at the folly hollyf of the idea of attempting to fix an artificial value of one metal it is now aimed to do that very thing filth fifth because A further now new domand demand for gold will be created for what is proposed so artificially further raising the value of that metal and by consequently forcing down the prices of commodities to the further depression of industry and the adding to the burden of all debts sixth because now new difficulties will created between india and japan china and other silver using countries So seventh because the new policy tends to restrict the supply of money instead of leaving it freo free and automatic we look anxiously now to see what the united states will do we earnestly hope that froe free coinage at the same ratio will be americas americans answer the one groat great supreme ai aim m of the moneyed cusses and the london press is to restrict tho supply of money so BO as to enrich the owners of it at the expense of tho raisers of produce and the owners of land and other real property we hope the sharp intelligence of 3 our people in the main a nation of producers and land owners will see through this caruol game of the money classes and frustrate it the miser lea of tho agricultural classes here are am but they do not see aeo clearly why it is that prices are forced down to their ruin so BO it is is 1 difficult I to got gat them to move tho wits of the american barmor aro sharper I 1 hope hop our md will come from ayou ou denver news |