The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1876-08-26
"A DOLLARS WORTH OF SILVER.
The Chicago Tribune Of the Goth inst
contains the following:

The Chicago Tribune Of the Goth inst.
contains the following:
CHICAGO, Aug. l9-If A buys Of 100
acres Of land on ten years time. payable in
1000 bushels of wheat of standard quality
and weight per bushel (say 81 pounds
would it be honest liquidation to pay in q
poor crop year l ZOO bushels of wheat called
standard. and weighing only So pounds to
| the bushelg
Again: Suppose A has 1000 fine Spanish
Merino sheep, and makes this contract with
b. A agrees to let b have these sheep for
ten years ON condition that B takes care Of
the sheep, gives one-half the wOOl-clip each
year for use or interest, and returns the
900 sheep at the expiration OF the ten
years. Now, suppose B drives these sheep
to Mexico, where land il cheap and wool
coarse, while there these sheep mix and
breed with the coarser focks Of that country
thus deteriorating the quality of wool until
the original merino breed was almost lost
Would it be just and honest to compel A to
accept each year his half of the wool clip in
a constantly deteriorating quality, and at the
end Of ten years 900 coarse-wool sheep!
If A makes a contract to deliver to b SO
much coin ee dollars, so much wheat in bush
els, or so much wool in quality, let him de-
liver the same Of their equivalent, whether
in silver for dollars, pound weight for bush
els, or more in quantity for lack of quality in
wool, as at time of contract their relative
valae was to each other. Nevertheless, let
us have the silver dollar. We will increase
its value as bricks do clay and lumber does
trees. HOWARD.
There is probably not one person in ten
thousand that would detect the villainy
Ia - tha.a atatar,ant. until Al, ,,,auk :.
torn of ; and in order to tear it of, we will
simply change the superstition II A buys
Of b 100 acres Of land On ten years time,
payable in 1000 bushels of wheat, Of
standard quality and weight per bushel,
say 50 pounds TO the bushel, would it be
honest liquidation to enforce the payment
in a superior quality Of wheat which would
weigh 81 pounds TO the bushel This is
Just where the villsiny comes in. All debts
were contracted in greenback dollars,
ranging from A. to 50 cents on the dollar,
As compared with gold, but were all the
time 100 cents ON the dollar as compared
with the value Of labor or goods. Now,
Howard, the Tribune, and the dishon-
est sharpers generally, insist that these
dollars were supposed to be gold dol
lars, and IN order to make them gold dol
lars in fact, they first gos a resolution
passed through Congress, stating that,
whereas, there was a mis- understanding in
regard to the payment Of certain govern
ment bonds, Congress hereby pledges the
faith of the nation to pay such bonds in
coin. Having rot this far, they found
that they we're not quite out of the woods,
because the demonetizing of silver in this
country, and in Germany, and the sudden
great increase of supply, made silver rela-
lively cheap, as compared with gold so
the robbers again went to Congress, and
had the coinage laws so amended as to for
bid the coinage Of the silver dollar, be-
cause in demonetizing silver they had
overlooked the silver dollar, and still left
it legal tender for any amount. As peo-
pie had begun to understand this question
better than in times past, these honest ~
hypocritical villains simply omitted the
silver dollar from the coinage act, and then
forbid the coinage of any pieces Of metal
not denominated. This rascally, dishon-
est, deceptive, but effective legislation,
was smuggled through the House without
being read, and was forced through the
Senate without being understood, in the
closing hours Of the 'ession. In the light
Of such facts, having made a vow to COM
pei all debtors to pay in the dearer metal,
or, what is the same thing, in a superior
quality of wheat, wool, produce or labor,
the sublime cheek of such money lending
scoundrels becomes conspicuous for their
audacity. They are put forward because
it is believed that no one will see through
the sophistry nor expose the robbery, and
for no other reason.