National Republican., 1876-11-21
TIE SILVER QUESTION.

WASHINGTON, %. c., November 20, 1875.
To The Editor Of the National Rspabticas: %"
SIR; In consequence of the excitement OF a
national campaign, and since the election, Of
the persistent efforts on the part Of the Demo
cratic press to count Tilden in, whether cleo
ted or not, almost everythingelse has been
neglected or forgotten. It is now about time
to remember that several important commits
sions have been at work during the recess.
There are the commission on the fast mails,
that on the Chinese question, and the most
important OF all that known as the silver com
mission. Senator Jones is chairman of the
latter, and the commission has been steadily
at work upon the question of whether silver
shall be demonetized. This is really one Of
the grayest questions now before the Ameri-
can people, of course after the vital question
of continued existence. I'D ...' -.sn. .-s-s .
The men who hold to the doctrine of sin
gle standard instead of donble one quote
England as an example for us to follow, but
they forget that the Parliament which rules
England and demo5etized silver there also
rules India and did not demonetize silver
there. They fail to tell this, and, Of course,
fail to give the reason for it. Now, what were
the reasons for this action Ifthe single gold
standard was adopted because it was the
proper one, why was It not extended over the
whole British empire. The reasons are plain.
The empire produces more gold than all other
countries, and the object was to increase the
price of gold at home and abroad, and as Eug-
land was one Of the creditor nations, to thus
enhance the value of its Indebtedness. India
was not included because silver was the most
valuable there. Thus the Parliament made
this act of demonstration cut both ways. II
lowered the price of silver for the benedt of
India, and raised the price of gold for the
benefit of England and Scotland. .......t ~
The Congress of the United States In con-
sidering this question should look at it from
strictly business and national staudpoints, and
the composition of the stsilver commission" is
such that there is but little doubt that they
will present the question from these stand
points. The people want no fancy legislation
that looks to what other nations may say, or
how they may be affected. Congress only
legislates for the people OF the United States,
and should shape its legislation for their
benefit. That the restoration of the bi-metallic
standard viii be of vast benefit to the country
is susceptible of proof, and that proof should
now be adduced by the newspapers who are not
in tie interest of the bondholders, the only
men who are in favor Of the single standard.
This work win have to be done without the aid
of"the great dailies' Of New York and Boston,
none of whom dare to say word not in the
interests Of the bondholders and bankers. The
NATIONAL REPUBLICAN is read By thousands,
and what it says is quoted by numbers of the
T. l. 1
once commence to show to the people of the
country why this present session Of Congress
should remonetize silver, and thus restore one
Of our principal products to its normal value.
Let the facts of how silver was demonetized
and what benefits would accrue from its re-
monetization be clearly shown, and the people
will demand of their representatives that 1t
shall be done. E. II. HILL.