Show SILVER ECHOES fx EX secretary FAniO HiLD in the july forum speaking on the imode of free silver coinage says saya all europe has stopped the free coln coinage ageos of silver which it would not have bave done had it believed that it in conjunction with us could maintain the old ratio of the precious metals the countries of the L a t have a vast amount of silver and it to is much more important to them to maintain the equality of silver with gold than it is to us even yet and still they are not willing to do so BO with our i help how much less then must they believe in our power ton to do this unaided therefore upon thinking that they saw the approach of silver mono in this country they would also think that our gold coins were better property than our silver coins and would take steps at once to get our gold and to save them selves from the possibility I 1 alit of get ting our silver they h would do this by selling all the a securities created in this country for which they the V could find a market they would sen seek that market here and the result would be that for a time at least this country would have the use of much less foreign capital than it has now certainly the first result of this action on the part of foreigners would be to depress values here and to create more or less scarcity of mone money ln in i this 1 s country untra every kr eco one can answer for him himself s whither whether this condition would be well for us or not the editor of the stiver silver dollar de fend fending ling the opposite side remarks IF for r eighteen years the basis of credit in gold standard countries has been growing narrower as the single standard has am been extended and the production of gold has bas fallen off while the structure of Q credit has been growing proportionately proportional ely larger and more mor e insecure u until antil the rela tion of credit to actual money money as dis clos closed edby by the failure in gold standard england has alarmed the world and started anew a scramble for gold which threatens all business undertakings and becomes a menace to every legitimate enterprise we have been doing business paying debts and distributing our annual products by a money standard that has been growing dearer and dearer until it has become 50 per cent more valuable than k X eighteen years ago when silver was clan i de demonetized de t the people are determined that this injustice shall cease and it will cease in a spite of the sophistry sophist rr of gold worshipers or the e cupidity or of the credit holding c class the remedy is in the restoration fc of bl place our money system 1 again upon n the broad basis of gold and ago tan silver ver as t the be money of ultimate redemption n ant instead d of gold gola alone |