Show BIMETALLISM The Provo Prove Enquirer the pioneer gold standard paper Of the tho state stat declares that the single insures bimetallism while the double standard would cause sm Of course this is absurd on m the face ot of it The law just en 1 provides that the gold gald dollar shall be the unit Of values In this country This makes gold the theba ba basis Is ot of Our system It is a based On oit one money maney metal It Itis ItIs is gold gald That silver In quantities may cIrculate with gold geld does daes not m mean n bl bI bImetallism I Copper opper cents circulate also WIll Why not nt call caU the gold gald standard a SYStem tern tem Of he subterfuge of at the Enquirer may as a well be discard discarded ed cd along with that dream of an International agreement ement But our Provo contemporary asks The Herald to ta explain hut bimetallism Is Isit Isif it if th the single standard is not Bimetallism Is the use Of two metals at a 3 defined ratio as a monetary basis It th thO right to t use either gold gald goldor Or sliver silver for money The supply cornea comes from the mints which are open to coin cain all the gold and silver taken there the weights and iM sizes of the coins deter determined determined mined by the law amid the established ratio ratia 1 insures to the govern government mont ment and to tc the people the Option to use 1150 either of the two metals in the d dis discharge s charge of their obligations ms When the I pays its employees it has haE the right to tc pay them in money maney made from either metal When men pay their taxes or their notes they can cam pa pay in either met l It If the usurers attempt to ta hoard on one for 5 speculative purposes or orto orto to cause a that the sharks may amy fatten front from the wreckage the other ather metal will circulate in the channels ot of trade an and 1 perform the necessary functIons functIon tIon ot of money I In this thin vay tay one metal relieves what whatever ever straIn Or drain be placed upon the other So long as this option was left with tIle the people they controlled the demand which was always placed upon the metal most No Nosy that the bankers control the demand that there Is but One metal recognized in contracts the people peaple have no option The demand deman is 15 always ys upon that which is most i accessible After the Of sliver silver in 1873 tIme the option was transferred 1 to the creditor He could demand and has bas since required that his obligations I be paid in the dearest or of the met metals Is The scarcer tile tho dearer deuer in 13 money an and s the harder it Is tar for the people to tn get gat the more the banker insists upon hay hav hayng ng it Under the dm nd Shift Shifted ed and as the greater use use was made of the cheaper money it nat naturallY naturally 1 became dearer and so the do de deI deman I man Shifted back again to the other II the cheaper metal Each protected the then n h other aria am both protected the people I from fram the he exactions ot of the usurers And so 80 b br this automatic variation in do de deamond amond gIVinG the publIc something to taU fall back on wheneVer one kind l money became sc scarce the commercial value of the two metals was maintaIn maintaIned n ed cd at a parity The effect Of this has been when given a fair trial to tc give practically the volume lumo of the two metals to ta our stock stack of metallic currency and to fur Lur furnIsh nIsh aish a basIs for tor an equally enlarged volume of paper money monC under a re reI money system But nays saS Wall Wallstreet L I street when we have so much money maney we cannot get such h ratio and when I capital cannot cannat put the thumb screWS on the people once in a whIle it mIght J as well pack up and Astor to Europe i 1 menus twIce the volume i of money we now naw have which Is nane i S too much nor yet enOugh for the do de demands mands of trade The Tho gold standard is isa 1 I a system Of currency contraction which L I neaps maps the restriction of f trade tc ta concerns te the destruction ol of 1 competition the tho enlargement of at te th II of the banker the gual gradual en enI I of the American people |