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Show A GoII Organ ou Hayes A JUiuorliy Hepori. New York, 5. A Times editorial says: The president's position in regard re-gard to the silver question is either purposely misrepresented, or ho is prepared to make concessions to one of the most foolish and most dishonest financial theories of our time. The restoration of the old Bilver dollar would simply mean an eflort on the part of the United States to regulate its monetary concerns without reference refer-ence to those of the rest of the civilized civil-ized world, to drive what all civilized nations regard as coin out of the country, coun-try, and to render the promise of resumption in 1879 impossible of fulfillment. ful-fillment. It would mean a further deliberate attempt to cheat the foreign for-eign aod domestic creditor by paying bim in depreciated coinage, to cheat !abcr by lowering the value of its ac cumulations in savings banks and the purchasing power of its wages. That people who are unable to to pay one hundred cenU on the dollar would be sensibly relieved by the permission to pay ninety-three cents on the dollar is a somewhat visionary expectation. To at both mercantile and national credit would sutler from any Buch experiment ex-periment tbe ebock from which ueither would very soon recover, seems to us too plain to require demonstration. If the presideut bo really a convert to the silver delusion he is certainly not the first public man who has done good service against inflation, in-flation, who is about to lend himself to the equally dangerous proposal of deteriorating our currency by the unlimited introduction of silver. That is a kind of business which ought to be left to fraudulent debtors, dema-gougues dema-gougues and democrats, and which can only be carried out successfully by political combinations mostly composed com-posed of those three elements. THE MINORITY SILVER BErORT, The Tribune publishes the minority minor-ity reDort of the silver commission. The report strongly condemns the use ot silver as a principal medium of exchange, ex-change, denouncing tbe bo called double Btandard as an illusion and impossibility. The recommendations of this minority include the making of silver dollars leal tender for any sum not exceeding $20, and to any amount in payment of dues to the government except duties on imports; Bilver coins to be issued only in exchange for one and two dollar noteB, which are then trx ha Hnut mvcil tha fninnoo rif half. eagles almost exactly the equivalent ol tbe pound Bterling, and the cancellation cancel-lation of 53,000,000 of paper money each month are the principal features of this plan. THE OHIO DEMOCRATS. ; John G. Thompson of Ohio says that the democrats of that state will demand, among other things, the unconditional repoal of the date clause in the resumption act, and the restoration of the silver dollar as a legal tender for all debts, public and private. They expect to bo able to carry Ohio on these issues. |