| Show thi the cut cost of liver the report of 0 the senate committee on do in ines 1 at d mining in regard to the th coat cost of the of cold old odd orld ill all tr ver which wu was fore foreshadower shadowed in lit the t 11 I 1 grain owe some day days ago inn bus at tat last been given to the senate until it cornel comes airout the I 1 DO no extended review of I 1 it U figures can bo be made the committee bad i 1 anni however ho weter from tl e extended Inqui rry made that lit the cot cost of the lifer silver in lit the ail sil dollar li Is equal to the cut oust of it p 0 ducloe the cold gold in a gold old dollar this fact 1111 from froin tie the beaste as a the result of an extended la in gAtIon li is certain to exercise exer clie a influence on the financial discussion DOW in progress it puts ilia tamp stamp of 0 I 1 oil oft trie the assertion repeated 10 often in the eastern efti tern press that silver had depreciated because of tha the cheapness cliMp nM etli which it tl Is pro duard etli this fact now officially choll confirmed rated that the coet cost of producing A liver dollar Is I 1 equal to the cot cost of producing a gold dollar the tl Is re cheap silver should be b dropped the remit result of bonanza minei mines III no longer furnish a bull buts fur for argument the conclusions of this report viivi render tender clearer than ever the pro post aln that it ie is the increased creased lu uie use of gold and find the alouse of silver that hu has caused the variations in the ratio of the two metals lold gold li Is now required todo to da the 01 ic formerly torr accorded to 10 both metals and even it the great increase in the world bild a tr IT tria la Is out not considered conil dered hai bee to do dot his duty ail at a bull basis of credit hence bence it hu has appreciated on the other band hand lilter silver even with coinage demand ranting wanting bu hu maintained iti its value as a compared omI ared with all 11 II other staple product products except eold gold an ounce of oil yet will boy as much he t now aa as it aou would ld I 1 lo 10 1873 an ounce of gold will buy it great deal ded wife m ne wheat now than it would la to 1873 Tb deeper one dite dives into the great by bleb which silver 11 wu was de tie thrones u a money metal the more evide it it 11 becomes that the fight agali gali it silver 11 li Is not waged because it la Is a cheap metal but became because the money monel power li Is determined to enhance the value of all securities sit 01 d to deprea depress the arite of all product products policy baa has been going on for twenty yean years and iti its baneful blui edil effects are now icen seen lu in the mortgages mortgage a coming covering american Amerl caa trims 10 auch such a conflict with the 0 iiara bee on oil one okla side and the money i per on the uti er r there car be but I 1 cue nue ou outcome ultimately the th people goul louit t win by it tie re of tt if a bimetallic standard tiinA ard in this connert denver news |
