| Show CARLISLES sophistries SOPHIS TRIES in the course of ills speech at covington mr air carlisle Cai lisle said my friends the las laws of trado trade and finance cannot arnot lie in repealed by action wo may mav destroy dr stroy tho the balue of our or money moner we may hy by unwise 6 leal lation ladon drle out the best bonev tin and d coin pl our own people to keep tile poorest for vp it at home but wo so cannot 0 change tho the value of money in other coan countries tries lc nor force their to cecelin go 50 cents cent a or 7 rents is as the equivalent ot ol grains of gold eold again in the same speech ho he said wo we may an ounce of ach or or an ounce of colance to lie ile conol to an aull 0 of f c cold 0 ld but it u will III not make it to io here 0 or r c elsewhere I and the sooner we so this athla simple fact and rene cease hiir efforts to work miracles by llon lion the heller better it will silt he be for find and for those who are to come after un tin that sounds very lofty almost toplofty and still notwithstanding it was waa the great carlisle Carlls lr there Is no especial sense sensa lit in shat hat lie he says because hi he proposes or supposes Rup poses no one Is seeking to do and when lie he says wo we cannot change the alao of money in other countries or force aroe their people to receive EO 60 cents or 73 cents as an equivalent qui alent 0 it 2 grains of gold where inhere ho he says that we vc may declare an ounce of 0 silver or an ounce of copper to bo be equal to an ounce of gold but it will not make it so here or elsewhere if it were not mr lr carlisle it if it tere some common stump orator we would all hay bah the original value ot of sold gold and of silver was determined by tile amount ot of labor necessary to produce them respectively and by taking thep ordinary coins which have come down clown from antiquity OS assaying SaYing them and weighing them we find that away bath back in tho the dlin dim past seven hundred years before e ore the to coming of 0 the savior the two precious metals were mere rated bl at about ISA ij to 1 that la Is it required as much labor to produce one ounce of 0 gold as it dill did thirteen and one halt half ounces ot of silver when julius caesar attained supreme power poser in rome e he did what tile the con says our congress shall do he coined money land and established the values thereof and taking the colna coins of home of 0 that date and assaying them anti and weighing them it has been found that the two metals stood at the ratio ot of I 1 of gold to 13 of 0 silver after the discovery of silver in the new world and after the mines of spanish america had unloaded upon europe millions ot of collais dol lais we find that the ratio between the two metals only advanced to IS 15 to I 1 and ibi to L 1 and the claim which the friends ot of silver prefer this year Is that the ancient rule which worked steadily and without interruption except when interrupted by the edict ot of a parliament or a reign should still pr prevail evall the insistence Is that the world needs all that money and more too and that the fair ratio Is as it was one hundred years ago IS 25 or 16 to 1 and so EO nhen mr carlisle declares that we may declare an ounce of 0 copper to be equal to an ounce of eold cold he talks purposely to deceive the llie people because tie no one lias has any idea ot of making such a declaration the beason Is that there la Is a law behind all these metals and behind all legislation which thich whon when loft to itself la Is an omnipotent arbiter between the two that Is the law of 0 supply and demand now all the silver that has been mined and saved through all theames amounts li in weight only to what nhat tile the copper that was mined last bear car amounted to that at it a glance the difference between a precious metal not enough of 0 which can be obtained to do the worlds woi k a ai i money and a base metal tile the supply of 0 which li Is only limited to the demand and when mr Carl Car lolo llala says lays we cannot foice any other country to receive CO 60 cents or 75 cents as an uval nt of of 0 gold while shile in fact what lie he oada Is true there Is no sense in it because tho the price of 0 the precious metals the legitimate price in IB what they are arc worth as primary money tho the grains of gold me assied by anything tin on earth today measures two dollars aud what hat tilt thlin I 1 country and tho the world needs la Is to give such a 11 demand to silver to so divide the burdens burdena of money bet between con silver and cold bold that sliner will graAl bad to ua its old place following a natural law anti gold cold mill hill lose loae Us its appreciated value anil and cora come down to a parity with silver there la Js nothing impossible about that and hence all sir mr carlisle s suppositions tumble into a ruin at ili his own feet because while his words sound lofty they lack the real essential to make words word effective they lack commonsense common sense commenting on the above extracts extrac tn the th philadelphia mccord decord declares th that at mr Carl carlisle lulo enforced these propositions eions with Inin invincible elble logic lie he showed that oven even it tilt ml the unfounded licten lions of the should bo be true tho the consequences drawn front them by their ado allocates cates would not fullow in cery conceivable condition condl llon freo free coln coin must result in it i depreciation of tin the currency in it a readjustment of 0 prices and images and in revolutionize ing our trade relations at home and abro abroad all it is in it a or of tile the currency the taking away of its ita application that Is absolutely necessary to the progress of tile american people I 1 iho he dollar of 0 the united states measured mii by commodities 1 ll 11 3 two dollars and there has to be it a readjustment ot of prices and wages there has to bo be a of ft our trade relations at home and abroad beloro before tile the working hosts of this land can receive like justice before the prosperity which vie ne are all look lul for can corne come and before the confidence which tile gold eold press la Is to hale ha e established ran can bo be established |
