Show m ET all Is M but bat M 3 correspondent L wants it clr a gold GolAB bit isis ONS ONE SOLUTION or OF THE QUESTION A national Hat ional 0 Oar rency n d which halle Bedee mUe in ir gou gola i or silver silver f I 1 tolt jovenal Jo tENAl tic business I 1 f of the SO country coultry I 1 alinell ali nill it I 1 antwi chiji it L present paralysis aprily pari lysis ip until I 1 lias jas defined by legislation lII atio n ali exact inpan mp ining ing QC 0 the waid bouls dollar and taita ta iff of tile the two a definition oi the dollar le in by far I 1 the wore I 1 por tant riso repeal of the fi e of the sherman law did not se f tic the silver question it merely terminated a compromise com promie it put an end to a truce between two conflicting 0 opinions opinion and bring us lr ill 11 to ra face ee with the enquiry what s stall sal tall the americal Ame doll dollar ar depre wot like the reppa of tile old M V comp compromise comaromi romi ze it clears the dr Is for action rut but tile the battle is iii 1 I it II to be lare hught A of 1 are avowed bi I 1 I 1 is they believe unit diat in ill this 11 represent a 1 of tile the neriman A Vine ne rican people le the advocates oj 0 it a gold tau dard have demone A silver A oitis factory settlement of tile the siver question can call bo be on the fallu following ving bis iod gold bullion to lc received d all and col coi led at it a present and paid for bv Over jil en tjien r desired le si red in i 2 tn 1 nT jj id n 7 T r KW VS v ve Dul u lioi n ani ahcan production to be ba also alao received by the U S treasury from day ti 0 day clay nt at an all average gold market value during the preceding thirty days in the principal money centers of the w rid say in new york paris I 1 ondon andon and berlin national laper currency to bo be issued in payo nt for said silver bullion of denominations froin one dollar to one thousand dollars dal laris is as preferred by ill alif seller of silver payable on de wand either in gold co coin in or in cilk bec el bullion of equal value with wit gold coin cin on the day of redemption at toe option of the government the advantages of this system a these 1 it would establish a p v use for all dilver of neriman production luction on an equal to with our present gold coin aad a permanent use for gold on oil an all paa lity with silver bullion us as tile ju tit tp bases ses of american curre currency nev 2 it would keep all the gold and ant r s ver mines of the country at work ath 4 th tile the guaranty of a permanent 1 ih I market for buth metals and of if a cr manent use of both metals instills us as 0 w uey the ratio of one to 1 r other in the bhe of ili in lat 1 ional agreement g r loft left to r ri ulata itself it would preserve the axi existing g grid gold standard 4 1 it would establish a percia pernia ott o tt tit national paper burrene curri nr V based 0 i wit n gold and silv ir bl illion I 1 t kiy i iv in ill thu the liand of tile ane n if it a currency joca able of 0 tuitui iss in hii ue or of middon expansion etia i avith the development of out our i n nea of gold and silver this depre so national currency would grow gow g ow more abundant keeping pace IV th tile the growth of the population add inasmuch as coin is ia no longer u urd al or needed except for email change in the daily transaction tf business gold old coin or silver bullion would never be called for except in hi limited amounts occasionally for tile thu settlement of international balances tile government guarr guarantee backed b by the inc install tall themselves would be absolute security and the gold old and silver would remain main in in the government vaults while the representative paper currency would mould circulate in their stead G under this no large permanent gold reserve and no new issue of government bonds would be needed the option of redeeming ili its currency with rold gold or with hilver bullion at iu giai act value would protect tho the govern maii against lily any combination to ad vanco or depress the relative vain of either metal this is the only plan by thielo practical bi met a leisin in can be attained the objection of net mei chants manufacturers and bank ers to tile the free coinage of silver ir ili any fixed ratio to gold is the h ir lief that there cannot be two iegan standards in operation at the s time without thereby creating a practical m of tho ch cheaper caper metal thus ihus reducing t the ile value of the dollar dolla r and at the amp time excluding the other meta metal I 1 but there should be little or no opposition tu to a system which abil maintaining the exit ting gold standard establishes i rac radical bi in the shape shale of i n national currency payable either cither in gold coin or its equivalent on oil th lh day of redemption in silver bul 1 lion |