Show THE SILVER QUESTION The Circulation of Money Per Capita Since 1866 The California papers publish the following fol-lowing letter by Colonel Isaac Trumbo recently re-cently appointed a delegate to tho St Louis Silver convention The communication will be read with interest by the colonels many friends in this territory OFFICE OF ISAAC TKUMUO Si2 MOKTCOM BUY ST SAN FHAICISCO Nov 12 itei r Governor W Waterman Mr DEAn GOVEBNOH regret my Inability to accept jour appointment as n delegate to the Silver convention at St Louis Tho press of business accumulated dunng my recent absence abroad renders it impossible for me to leave the state at the time of holding the congress I trust there will be a full delegation trom Call orals and every man sound to the core in favor nf immediate free coinage of silver I shall not attempt any lengthy i i discussion of a subject which has resolved itself into commonsense common-sense that all men may read at a glance Thereat The-reat conspiracy against silver coinage by the Gold Standard school has been frustrated The farmer tradesmen and laborers hate found tha they can force silver into circulation despite all efforts of the banks All but if JCOOOOO of silver Is now in circulation as coin or In certificates From the south the demand for more Is enormous enor-mous aud soon will be all over the great west I here insert a table showing the circulation of money per capita since 18Ct > Per Year Circulation Population Capita Uti J8l134W216 IjBII2JI in901 Ibo1 0949118 JGJWW2 31 51 ISIS I 7Il756II2 1 310161 2147 J8Q9 7BSRRt4 r7i9N5 1931 lSTO tlJI0J3r 3a539v7I 18 70 18i1 t203HIli J9Q071 16 89 187 6616133 40171100 16 14 Ib7l obW7U2 42215110 15 45 1km I l GTeB1iJ 4trdoS5G 11 M 1875 GXI421GOJ 445lid7C5 g 04 1871 GJO3069 6SIUI 13 40 IIri 5S63Jccr4 47714119 12 28 I87S lsis519ie7 4993iax 1123 18i9 Mt4144 2lI5783 10 GS 1850 524531267 LloAsSe 1 10 23 18tH GIOGi433 59210269 1144 1881 r7401081 51075 7 II Ir 1883 61805895 51520714 1144 11t4 591176978 814235 1017 188i W340iOOI 5DSId5Ci 8 HI hill 4O5743G1 6lGs52lS 7 G1 1851 e145ZJI G16331574 b 17 This reveals whole volumes at a glance Justin Just-In proportion as the circulation is contracted just in that proportion is it more difficult for thee the-e to pay his mortgages and just so much pay hIfe J aY g 1 fa more certain the lender Is to obtain the farm for the amount of the loan upon it Just as the circulation cir-culation is increased in volume will the price of farm produce and labor rise while the mortgage mort-gage and debt remain the same therefore just so much easier can tho debt be paid In view of the vast mortgage Indebtedness of the country ho matter is absolutely vital to the farmer and the relief must come at once it a crash is to be averted I trust therefore that the action of the SL Louis Silver congress will be so emphatic em-phatic that the free coinage of sliver will be among the very first acts authorized by the coming national congress Yours truly ISAAC TitcMBO |