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Show rilEE COISAliB JIOVEMESr. HUur Deurtt A'cict i An able rorrefjxjndcnt Initialed 11. D.J., writes on the- aliove ipirallou In your Issue of tho "Hi Insl, and com-meiita com-meiita on an editorial of youra of Thursday. II, 1). J, In his first nragrapli rays, "I do not proui to offer argiinu nt on the auljcct that la uniicccwary." On tint point ne art agneil. Ilellefa aro not ficta. Aaymptotea aro not cur vis. rienllntints are not argu. tiiinti. Tho next ara.rapli salt: "Theio la not enough money In circulation lu Hie United States." I readily admit there la a demand for a lirger ilrcula-ting ilrcula-ting medium; but that la an tntlrely dll.oreiit subject from tho frte coinage of silver. Theru la a demand fur capital at the resent time, but un fotlunatety. 1 liave not heard of lit frie distribution. Hundreds of ins-ihaulia ins-ihaulia lu tills city aro Idle; the Industrie are not aitlvr. Again, Is II not a fact that of tho cin-uloiing me-ilium me-ilium weliivulii this country aevinty-ltvericiil aevinty-ltvericiil of the uitual money Is held t,y goviriimetit baukera ami large cipllaliiu? Invariable anlece-deno-, liivarlibleaequence. la there a taw written or implied that prohibits a reia-tltloiiT II. D.J f,eakauf alher taring legal tan ler until IS7J. Atlhal (lino I old nut know there waa tueha cuuntryas Hie United State ., lait threo jiars af.erwarda I liado(ca.oulotml the allvir q iistlon,nnd at that time Milled the mailer (or myself, and laid It on the "shelf;" an J Iroiu that time to tho prrecnl have not written, load or HiOJghtou thn atllject. True, I bote gl iiiceel at a riw leaden In the rnuu'ie lurliigthepa.t twelvo nionth,aluiu I havu been lu this illy, and tliey havo ha 1 a tendency lo ilroiigthiu my con-ilustonanf con-ilustonanf 137U. Tito I. veiling IW. aayt "17 millions lu gold have left ibe Unite-.! Klattt lu fle months. Whilst writing tho alove, John Chinaman brought my washing lu my bacheloriiartira, wraad III a New Vork rioiineuf lt3lli Jauuary last, In which thu ei-vele and Willi m export an I Imports lor Ihomoiilliuf December wire git cu: tmotrls. i;aiS07J t siort" , ii la .vi rUtnoslhs liueoits eaaing lietsia i.i,h tauiai aiv a, ails eai-oil- tnaloa liacem b-r. 1-Ja. 3JUIII tiaey srstmiurlseattlnglioiemlr, it, lunin Ose veer's siporla aa tmg tiaetn,br, I M.ICMIO Tho New Vork 7Zuii aaj a the ulovo Js the getirnmeut rett and la dated i7th Januar), noon, "rillvir Ima Uen money nil ovir theworll for cetilur-Ira" cetilur-Ira" Numismatists know lhatcoper an I brouxe aro our oldnt coins. II, D. J. writes lu Ills last paragrali but one at follow : ! have never aetbt-enallotor.ee why It It the duly of the Unltid Slate to look tuothtrguveruuiinlforaiollty In regard to Hie kind of money we use. Wo are nt least old enough, and I lroo wlsa enough, to know w hat wo ri.iulre as a circulating medium, ami I think we ought rot to bo dependent lijioii other countries for dictation In the matter. Int ua makuauch moniy a we want, and If foreign ta-ople do not want It let ue keep It at home." If thla country had no commercial relatione with any other country, thin, rn-rhaps, a silver rlaudard would do aa well as a gold iiandard. Oslileh-llke, would It bo wisdom for lit to thrust our luad Into Iho sand: Huall-Uke, do we think our house thu world All Indian netit lu Canada would often ixclaliu whin riHTerlng from double vision, Ihe result of freiiuent exrundoua to hla pocket atoMi, "l am fAcgowrunuiii. I am Me guurnment." The prtnlo of list Noembtr,lf It taught ua anything, taught ua most unmlstikiably llio existence ex-istence of the closest tlo Utwetn mother and aou. The ether nations with whom wo deal have adopted gold as. their standard, but prlnclinl merchants mer-chants have to pay lu gold fur their goods.our railroad coiupanleaand other corporallona havengned to pay their lion Is, their coupoua and their luUr-est luUr-est In gold. What la free coinage of allvCr? I tnko It that nuy man under free cninigeiaiiUkii tltlj gralna of silver DM line to any U, H. mint, nud haven allvir dollar coltitd there from, rlllter low) fine la worth only In tho market of today's ouotutlonjl r oune-oof (So grains, II.'l grains of silver POO lino la not worth In tho open market more than 77 rtiit. l.vtrybody would ho onilo it lo tell to thu I.H.liOMrmiieut SOieutt worlh of slher for ono dollar. liver) body, I said; but the word Is too comprehensive: our Vt. eitern icnatnra, inch Is their lovo of country, audi li their patriotism, their unatvrrtlng de. votlotl to do only the right, they would w.11 only 4oO gralna of alitor 1000 lino for one dollar! They tdmi ly go lo Washington for Hielr-fnalih. liming lim-ing silver for SO cents and silling for !( ccnta la no epeculillou under free oolnagi ; but thu prollla areni cirUIn aithememUniof Ihe lalotllver lawl found It In bo when but ug silver from .".'"''"""aiidw.nngat from lis inlaironti; oven If It doet Uemorallxe liioailver market, - 1 .ajr--' - Ito govrrnnieiit, especially thla gov eminent, has a right to legislate on any marketable product. I nterferenee with Iho ruarktt price by meant of legislation, either In local or national liouiee, In protlnclal or metropolitan halla, Iim been. It, and alwaya will be a daugerout experiment. Homebody sutlers, and (no often (hoso or lit the working c!eaee who can least allonl totulIVr. Take tho last legislation on liver. Rllvcr waa tho moat tpecula-llvo tpecula-llvo article on Ihe Hock list; the lluctuatlona rrichcil .V, )-r cent In Iho erloel of threo or four motilhs. In addition to one of tho number of tho Hlock Kichangc, who bought allvt-r certificate una falling fall-ing market, and who had rvoourao to ainu thing stronger than water lo pre-Mnt pre-Mnt Ida taking aalnglejourney ticket dowuslaln, ltliaahad IlieenKtof not allowing tho miners of Utah who are leasing o tell their ores nt a profit; the ami lien In the uncertain atalo or silver are 1-erfettly iudriandent of trnall inltiea. It may bo argued that If silver la worth In Hilt country f MM, why It will be In oUnr countries. Tho luvd ring of a few yian ago, Ihe tin tmttof Hnglind, the coprer rttiillcalo ol P'ranceand tho last tiller legislation In this country nrv proofs avtrso to audi ttnteiuenta. vu were told that J.iWI.O'Wou. of (liter luld lu lAiidoii wire told In thla country nt the advanced ad-vanced price. Austria, It waariorted, linaC,een,WX) llorlna tf) dlslnae. The w tight of the tlorln or guidon Is 1UJ.4 gralna. When any country trlee to keep up thu prlie of a single artlilo for thu whole world, It la a ocally eiperlmenlfor the nation, as II must result In a lots lo Hint country. The chance aro thai the rent of the world will lai bciielltcd. Tho policy that haa for lit ulject no matter by whom originated tho purchase! of tKiiilallvo thick, thoulet not only bo discountenanced, discounten-anced, but thould lai lgiiomluoiily brnnded. Krro coluagu advea-ttea may a: "Huyup thoprraent tloek"why lu a few mouth there would be an oilier aloe k. Tliuallvcr roJuctlou of IsoO waa valued commercially e($( 1,7 l.Oiai, Ita ouliilng value $nl,uir,4ll. Tho Iota) outiaii of the world for that )iar waa fill. IIH.iiuii coining altii. Krom IHO to ISiTIHioixccaaofallterexporlaoMr lltirlniirlraiige,llroiiil,,JJ7,Ujiln ISW to $.'7,viki,uoo lu IS71, the J ear which 11. 1). J.saya kllver waa dp. tiionelUtal;an4 yitin tpltoof tucli ex-otta, ex-otta, Hiiro were In the treasury ou the Int of November, IWJ, over5.',. Soo.lSrJ of silver. What are wetouo with thla amount of diver, and the Iticnaalng output, not of our mine only, but of mliiii everywhere? I admit that Irce coinage will give to uiauyartlclia an auatiint Increase of value. I'rru coinage Is an txotlo-lm. txotlo-lm. lull .Hon le not pmai-erlly. A Uforo ataled, our mercliniita receive for their good allwr at a UlilenJed value; tin) am forced lo -ay gold coin at the gold standard for these sauiu goods; the result will be bankruptcy to somebody. Let us take ttlter from the narrow tut from which It haa been il!tu-ed and trial It on Iho I roller irlnchle. We will tupe that II. 1). J.lsn farmer, who liaslOisi bushels of wheal totilMhumarkit prlcuof wlilehlsHO cents; ho gei to llio rk-rretari of Hie rreaiteir) nudtays, "1 have toiObush lis worth SHenl-, and I want junto lauo a dollar ceilllli-ate against every laishelof that wheat." The manager of the shoe factory may with irjual graceaa), "Hvru nro .Vi) allp(ars, 1 can't sell them, Ihu market price la Si lentt; give me ,V)0 ono dollar iirtlll. cates." Tho H a-elary wya, "I can't do (ha(, at 1 would hate lo build warehouse." ware-house." "Can't jou build, Mr. riorretary, wan hourea lo jail maniifae-liirtil gcoeia, grain, itc, a latll) as you cuu build the aame for the storage of tilt er?" Heforechelng I would say, 1 am a mint r, ami know nothing sate mining, although twice, at the solicitation ol my dearest frit mis. I hate tried other Hue, Willi butliidlllereiit tui-ciats. To tliow Hint I am an advocute of tilt er, 1 may remark that my w atch, my chain, my ah.ivo links, my Mud", my unions, allttie Jewelry I hat cover bought bnvu l-cett silver; therefote 1 maintain I am doing moru for Hie lunliileiiiiii-eofthe irleeofelltir lliauby writing a thousand thou-sand iirtlclia oil "free coluagu.'1 The West, though the largest roduirof tllvrr la the mh Hon that use II least. II. D.J.Kn-atotholUiikouMonday wlthactitik for f.o0, the teller glte-s him twelve and a half rolls of tljter il, liars; then-ult Is. 11, I). J. call. Iho tiller's nean at female rclatltea name the netir rtcelvcel at the baptismal font, and -nmptorlly tell" him lo go to that plate where Ihe Hritlr.li army has la-en going ever aince the liattlet of Waterloo. In Mi xlcu and lu Houth Ami rlca, jacking Slat) or $W0 Is not all fun. i:. H. I'rbiuary7, 1501. |