Show A ABOUT SILVER tho tr rn ansal ofik of IK on ail I 1 its if affe interests ini crr orthe coast IDI Titi BUNZ thi the babst we CIO can be said to know about the he silver question upon which local prosperity to ro much moch depends is ii that the li metal bra n fallon fitl lira aff effin in value bont about 20 per cent io ill lour four allol ono one years SOMO soma think they find abdi cause of tin to ia over production but bui gou gold is about 20 00 per cant faster than a ivor yet jet koll goll in n allae to I 1 00 abilo W bilo dilver depreciates tho the primo prime cuso cause r is without doubt the otly among the nations of and nil southern europe to do m Dion eliza it ilia united state ht hav jag unwittingly or without duo coon side ratio this londen lenden cy cj lj by it by tho the mint law T or 1571 and nd ili ibi jt ovied stamates Sta lates abo boru contains co alaina nearly dearly million doller dollerson about half gou gold low silver s upon this lii is ia based a viet vast of fia paper slid tal or cr dit usei used as currency loni y nich it as ai bank check bank notes bod billion lla of ed chonge probably five or too ten some soni 0 estimate oili mno twenty dollars 0 one it Is 11 to deprive this crealia fister by memo med of which tho the lui bul lu i bass of the world ii I 1 done idone t of half of 0 its foundation by taking from niter its 18 character as 11 money and nd maling making mero bodie of 0 it I 1 it ll is supposed that tant this cm can bo be done without di tho the superstructure now if irloa you can taker away half of the ibo 0 on at which this rest tem li ii built witheat weakening it yon joa can an eke it all 11 away ivy lilith out weaken inc it hero ficro lira are wany who do not ehrick from ibis conal ision they claim that you might both gold and silver diver thero for pit per leather bojil or else stamped with a certain 1 aide fixed by likar li slid and ket get almog just jaet as adl ebur ibis might bg be true trao ir if money were a mc iuro ot of value dalae and ILI ibn only A yard stick is a yard I 1 me lug whatever it may bo be mido made of but money binary is ia also ao the no ai well as a ot of value dobir ol of iu existence rep roseita to eo much lunch lib r and nd it is voidable in ia proportion to the labor it costs ti produce it it costs jaice to sixteen times as much huoh labor abor to t produce a pound of gold as it dog does to lo prod a pound of silver hence bibean or eca to ono is in ia alie ion long ran the ho relative rela ive value ol of silver to lo gold in ia the worlds markets the cipcic oce ol of mankind in ia all ages proves that can be made actual money which does docs not possess poises in noil and or of lisell a real nod and c ciul aai via too side aside from ili is as money anything living having such buob intrinsic avalne valne may bo be used ni as money to some extent to nn an extent proportioned proportion pj to its if convenience sell oo no to make it the iho best beet article for such nee die it must lo be 10 tho the most moot convenient find and best adapted to it or of all cnown substances and it must to the joliet liable to eluo tuition in ia vilua of ofell all known saban coo co nothing metis meets thosa these requisites so 19 as a gol poll goli I ana balver thero there loro foro it it that they have aldaya beta been aled Us cs money mad kaj always will bo be tho the of all other currency depends depend the iho probability ol of its ono version at the will of the iho hodr into gold or silver until boma como or leatho of no ilona can and chingo change by bt lilt fist the iba nature of material fillo stances or pr prodico 0 dace ionia boxer better by its ia qualities than gold or silver to sob gub corvo the wants of 0 mankind as 01 money weare not likely toleat thoo tho o bob stances de d A rAIL raille rA ILBE PRE alrea ay 1 ibo h a attempt 1 e mi to flo bo attl mip banat breaking d diao i w ti g was wal ilia first riat cation iora to silver la in arii ilia is her lare cot and richest possession it ii has bis three hundred million ounces of silver to bell the bhe hu has only sold a acty ity two to million marks iu in tho ilia last three years and tho the panic ther cupin hi has brought in lodia ilia to the verge ol at tacit bank I 1 I 1 the offer of this silver fact ulo sale or the that hit is ii ill iii to bo be offers 1 las has depreciated milver twenty to tive pr asat who wh atwill will its actual forced solo doa it would ifould seem that edgmond cannot offard to rain mm india by persisting pc ralio in the policy of making dikia of silar add that bat germany Germa oy having paid lor for this thia ivor bilter la in gola cannot offord to sell cell it lit at such each a rainous the reason that england fu gand and her tarkey Por brazil and chill that hit japan japa noway koiwa No iwa swe don deo holland and aad germany di icard ed ad silver es ai money was beebo they were convinced that a double stand annj ard was impracticable on of the of tho the marett value ol of the two lo 10 metals thu this could be rome by an international ol conven lion which should lit for the tb kilell not thi exact detlet relation rolat ioa of the ibo two metals inot als thit would bo ba but tho the average rala relation tiou co arcag a long period ceriol ot of years 93 in dilated by the of the put pait and at that relation lilion re make them both legal to ia all the world TUX LATE PAW lor for pallie panto I 1 it certainly was shows that a itata of things shingi is ii probable abc if it doti does not already exist which will cano the me western mottern tad and southern eoa iLora Os ca bious of kurono ind and the united states to do this As aa to what the udica states might and should 10 lo do in the meanwhile unholy teems counts to have a rot ded opinion but bat scooter when he bo fit firl fir l lis his plan for tua the of the silver dollar still nil tree free at ivor via worth grioua oke so anil a the re ic generally fenon lly were inclined to favor his bai Plo proposition Position dl at one BOO and ad a casy tp toward aio oio pay but bat since biker has ha fallen failed below tire in ia vino value they doDo dODOU naco DOO as aa the vilest form oral 91 ol 01 repudiation and the be in their turn extend tho baill offal to lira liim let us tee see what bis ia u in the sonata joao 23 03 he be eaid saz 1 I trust it will bo be clearly under at stood ad that the advocates ol of lio lie do dot cot purpose to make either cither ol of the ibo precious mo leg oil teldor for lay any moro more its morlet vlao value to ia the ibo markets of the world wo we propose no debased moo meaer ey no tokens pLo to money godby to pay the ilio creditor which ja is dot as e valuable a aa a ilio ilia money la ho advanced me DO un tr no or arbitrary relation bet arean aa tho the metals no DO schema of 0 to the tha owners of 0 the ibo roll or silver mines bor to 10 anybody toy boily clao ciao except the nt at larre lr aar k to coin coi a both bot L gold mud md sil eilar tar it at cost cast tor for all ail com cri CN ina ad mke make theme deice a tender for all sm too million lation rt we is u the tha old one of 10 for or 1 ibe ol of centuries teaches QS to abit ahia ia ly the ibo cast of pro 11 this to t lie lea tamir with wilh their coma coins as i they boy may it will lacy iaci italy become the markut market relation if the ilia largo ad dili mial use bo be riven to silver which tile amendments ame admonia to this Ms lill bill I 1 they were oot lopton lop toJ ID i that market relation which ties lui long lone continued would bo be ro c it if on ilia iio other hand ilia relation rolt tion ii I 1 fixed it at 16 or of 17 or any naother ny other kuro over 10 93 li hopes bope ol of our bolog tibia ato tu utilize one oar I 1 fruda ral ct t or of L droves ra rook tit ai altar ivor will bo be do vo luord la cither driven 0 to o the ibo exclusive employ moti ol of gold I 1 or eho new legislation still nd 11 S ww ratio at I 1 I 1 iviah the escoda and aad dalay or of ofa oa o a now BOW coinage would lava hare f ta 1 bo rbee FREE out argument is ii for free aco money a tiney wo we regard all 11 u pon money As aa pernicious and dd that there it il as in much uch and no BO more right on oa the part r of the ibo govern moot to limit the ilia uia of money it at ita Is full me market r act value as s there is is to lo limit the U use e ot of bread moat meat or other commodities whose balno it ion good enol to 0 o measure mca anra wo we hold that thai ilia employment of bijoor and bold old in tho the art arti li 13 l i essential to 10 the wended bended or of their worth as money and that this employment sew oe os as a para clintO to retard and legen men the ilia fluctuations incited by the vl vi of their production to so ilia micas wo we hold that nothing can call bo be cin can be used lor for u an bodoy alono vie ave anro r opposed to lo toton loton tovie lovie cuica or comoto cocoi to wb all the ila lw law gives a value which the he birket larket donits bellowing bili bel oring loving that lint their uso use its is fraught with mill peril slid in in jus tee pasia and and we a believe belicia that thai no form of credit ciu by itself properly tho the aaa sau of money that ilia t its ila noa na should alwy always att alt be ba voluntary ej by money Is 1 meant gold add til ver boins with wilb the iha option of employ irp either one or the other at it ratio based baled upon tho the irions of long period of time this option was co cn jo 01 by the people of this ibis country from 1702 i to 1873 1 it was wa secured oared to them by the terms of the conati and oa 04 to tl bo be taken from them by the mint sot act of IS 13 and add the iho ed Sla tate of 1671 2674 tho the option is if yet and thoy they cannot be deprived of it by legislation I 1 am or of oaly a on his a j a ia ui 1 my opinion is ii not worth ahins Is ailt Z in but bat 28 file far tit ais I 1 cm CIO eca CC senator tor tones has hai the iho beat of the ar Ru gimont malat Coo Con groi gross p tho the senate avoided its lit I 1 big session at ai much as it could bat it if congress or the iho connary trials tho end of the sRi tation already reacted they ihry mistake and aid I 1 the ibo viole of if mr tones jones will gain ground rapidly and ultimately be adopted hero at boccio our condition is ia not so 10 bad bur bul that lint it might lai abt bo be worse norsa if I 1 lam I 1 am correctly informed iol ormed the iho oro ore producer can do much bettor dow dball lie be could four oar years ago and il indeed to toe tile latest cards cardl of the pro relin era jera they pay at minsco much for or silver biker into about lire five conti sit aa ounce as they have dono done tit it all 11 II and the iho nimo tor for lead as ever 1 TO conclude coD coo clodo clude under the diw of the iho moment everl bolly apper appears to want to 0 o oil bull nobody to bay silver liver it seem int possible on general moderal pria biolo i that a aare mere panic should loog long si 81 prodigiously depress tb iho 0 price natira nat ira ly it should reon cr to 0 bout about 81 15 per ounce Rs rapidly ra pilly as ai it il jell I 1 ell below that figure figur has boa act nilly daily told only sixty two million boaras karkia in thircy years tho blo wants to sell thor co hundred million ounces no doubt but tho she cant afford to at the present price cecce i ally since to per siet in doing w BO would depress it as much lower with bettor limes in the far past baat thi ills od 03 from there ibero will rhoar mil and meanwhile some action tint that shill shall go bulver BA r to tho the world eq aa a com P lable rall lanc LACE joly 19 10 1870 |