OCR Text |
Show never in favor whh free coinage men, and was excepted by thtm only because they lacked the votes to secure something better. Free coinage, so far from requiring requir-ing the government to buy silver, merely requires it to fctimp dollar marks upon silver as it now does upon up-on gold, and to return the silver so stamped to the person who may have delivered it. The objection which all persons except gold mo-nometallists mo-nometallists raise relates, not to this stamping, but to the amount of grains which it is proposed to put into each piece of silver stamped. If the amount suggested were 775 grains instead 01 412.5, they would not object. They would describe such a silver dollar as equal to the gold dollar, because the Value of the bullion in each would be about the same. But free coinage men say that the value of the bullion in each would be the same if the quantity required were 412.5, grains, the point of the argument being that silver sil-ver bullion is more than 16 times as cheap as gold bullion now, because and only because, government gives to gold a fictitious value through the coinage which it denies to silver. This is the silver coinage issue. And to imply that free coinage men are asking the government to buy silver at an inflated price, or to buy it at all, is to make a misrepresentation which admits of no explanation but malice or ignorance. Cleveland Cleve-land Recorder. ! THE PACTS IN THE CASE. . The Silver Coinage ls?ue Plainly and Unmistakably Un-mistakably Stated. Those newspapers which tell their j readers that under, free coinage at sixteen to one the government would j pay 1.29 an ounce for 69 cents worth of silver, and elementary financial fi-nancial catechisms more for self-enlightenment self-enlightenment than for publication. Under free coinage the government would buy no silver. The last sil-' sil-' ver purchase law we had was given to us by John Sherman. It was |