| Show THE SILVER STRUGGLE days since the NEWS in A few answer to a correspondent gave the of silver in the unitt united W total product states by bv years from 1870 up to and in elusive of the figures for 1892 not lit baud band these are being bullion the refined yield OUD ounces ces of during the same time was of gold while the ralo as 1 6 suncee is rho about ut 33 to 1 it will be ob to weight w ekht the values estimating the arved served that and the silver at I 1 ounce gold flold fl old at 20 au an the wall street price are nearly this 0 on n the face of it would equal existing conditions are that show abat the law of nature which proper haages heckes the metals with protection scattering them and making thru gh their production difficult agrees with the the plan lan of in making or try trying ng to make the dollar worth a little less present ent ell silver ver in comparison with than fifty cents ent this is in a conclusion reach reached ed by gold the promises prem isea that it Is so 0 o arranging g it Is ib unnatural and but inevitable Dev tb e illogical it athe 19 the mere merest at absurdity to profess that bimetallism con f a dinue sam willingness in is this b 0 auntry and add base babe the tb ratio of the coins upon so shifting an and d uncertain a measure aure as yearly produs prodoc tion son what if another california should hould be discovered and the stogie single alii standard continue every ounce Sl gold selvern would at of silver lvern in the be country once begin to appreciate and keep on ampre sating dating until the gap betwee be twee the betas metals would be so narrow as to be indistinguishable and then practically probably turn the other way this howo for two reasons silver would be h neglected and the visible pup would be constantly undergoing gly diminution Imi nation rather than increase while the goll gold product would steadily ad vance vann the standard would ac accordi cordina nir to the te have to shift accordingly and to assert that the government government could continually change its ito measurements of coinage to keep pace ce with ayad d demand would re be to assert arrant nonsense it would not only be utterly impracticable but would make values of all kinds so BO unstable if it could be done that we would bewerse be woree off than over ever a condition which in a country which produces large quan titles or of and has bag always used both the money metals must murt inevitably bring os no to we cannot with safety base our circulation cu eu lation upon either metal to the exclusion of the other and the volume of business transactions even exclusive of exchange balances is so much greater then than say any one kind of money we pop FOB ess so that we must either have more than one kind resort to fictitious money in the shape of paper of various kinds or suffer the business to shrink down to the proportions of its lifeblood and to make one coin supreme and the other with no value but that which the former reflects upon it its is to prolong the prevailing u uncertainty be cause of a kind of money that bat ham hae no value of its own being in circulation at all unless we repeat silver can be given a place ot of its own one in which irwill it will not be disturbed at least for some years yearn there is no probability of the existing order of things under going any change that is worth men timing it lie is proper that this matter be die cussed far and wide but it ought to be discussed dispassionately and in the light of reason and existing conditions but the very desperateness or of the case seems to make some writers and speakers desperate and thus they injure the cause more than can they ever repair in some oases cases when we read or hear such arguments it seems as though no corn com aromise could be bad the extremes are so 8 j tar apart but we have great hopes of congress and faith in the administration trat tra tion iOD speeches like those of vest in the senate and bryan i i the house are opening the eyes of the east to the merits of the silver cause and when we add to this the declaration by the atlanta journal the secretary of the interiors Inte paper and a quasi administration organ in favor of free coinage at an advanced ratios ratio it would seem as though the financial horizon were already streaked with the gray tints of the coming dawn |
