Show CIAN CAN r HIDE THE TRUTH the tb greatest Urea test of gold standard ur LAA let the cat out oot of the rf nags the chicago tribune is the leading exponent of the gold standard lunacy As such euch it is doing great service tot bimetallism from a recent of that paper we clip the following letter and reply comment is entirely unnecessary the clipping was brought to this office by three republicans who changed their views to bryan since the latter appeared in the tribunes columns THE LETTER chicago july 31 editor of the th tribune will you please inform ma m why silver was demonetized de I 1 am a republican and expect to vote for mckinley but bul it seems to me that no head bead way can be made declaring axing 16 to 1 a dishonest dollar until the present dollar is justified if 16 to I 1 was an honest dollar before it would again be an honest dollar unless you justify it if you can do that then the dishonesty of 10 lo to 1 would be as ae plain as the nose on a mans face but among the lay advocates of gold I 1 have riot not found one man ma who could give a single reason either good or bad for it seems surprisingly strange to me that the gold advocates do not see the abs absolute necessity of justifying that act every day of the week as a premise to the charge of die dic honesty against H 16 to I 1 I 1 know among the middle classes with whom I 1 associate this thia has got to be done or every mothers mo thera son of them will be converted to tree free silver this question involves just exactly one half of the 11 silver and I 1 gold controversy and yet you are ar silent on this point it if there la is no fair and square reason for the so called 1 crime of 73 the people are going to know it in a very ry few weeks and they are going to vote for silver J W curry THE TRIBUNES REPLY the coinage of silver dollars w waa stopped in 1873 for the sole reason that such dollars coined at the ratio of 16 to 1 were more valuable than the gold dollars and would 1 not circulate they were melted down about as fast as they were coined and nothing was to be gained by coining more had congress increased the amount of gold in the gold dollar instead of wiping out the silver dollar there would have been no crime but the destruction of one half of our money was waa the design and it was waa carried ri ed out by th this is ac act Q the 16 to 1 dollar of 1873 was too good if the bullion value of silver were today what it was in 1873 the silver dollar of grains would be so good a dollar that no owner of bullion would have his silver minted tor for it would be worth more the dollar would be so good it wo would not circulate cir culat e free silve rites would not have such a dollar on any terms but silver is worth only aagut out half as much per ounce today as in 1873 therefore a free coinage dollar of 1896 cannot be the honest silver dollar of 1873 the free coinage of grain of silver now will not and can not rg result in a dollar worth more than about half as much as one coined out of the same quantity of silver nearly a quarter 0 of a century ago silver costs to produce only about halt half what it did then comment Is unnecessary |