Show QUANTITY OF MONEY I The Thc local of silver alls attention fre frequently to the increased output of gold old saying that bimetallism is no longer desirable because the out output output output put of gold is equal to that of both gold cold and silver slIver ten years ago This may be true But ut there enough of both b th ten years ago to supply the demands of trade There is a p heavier demand now than there was wa ten years ago and one metal equal in output to both at that time must bear the burden now The local Republican organ has called attention to the fact that Colorados production of gold last year was 31 and of silver and said that bimetallism would only divide the value of the gold bold output and double that of sliver silver without benefiting the volume of money in the least Governor Charles S Thomas points oUt o t that bimetallism would not nt only be bea bea bea a blessing to the whole people but would help the gold producing state of Colorado Last year he says saS Colorado pro produced produced produced In gold That is money for It has access to the mints She produced of silver that is not money mone but a 3 mere commodity If we could coin it with our gold we would have bave added instead of 31 to the currency curr ncy But we lye would have done more We Ve would then have produced of silver Instead of and added more than to the national monetary stock We would have given employ employment employment ment meat to additional l miners to balf half a dozen more smelters and added millions to t the tile general business of the state Our Ou railway freightage our commerce our markets for farming produce our fanning farming area would each and all have h ve been stimulated in pro proportion proportion proportion portion There has been a marked increase of f gold output in every silver slIver producing state The Alaskan gold fields fielde have added to t the volume of our metallic I money This was unexpected It was accidental It saved the country from the stringency that th t otherwise would have been inevitable And it has proved the contention of bimetallists that a constantly increasing quantity of money is absolutely abs essential to the transaction of business and the pros prosperity prosperity prosperity of the people But the natural increase of business will outstrip the increase of gold pro production production production There never was a time when the gol goK mines yielded enough money metal for the transaction of the worlds business and there never will wm be It is ii none too much when the gold and silver product is combined d for this purpose |