The Democratic press. [volume] (Ravenna, O. [Ohio]) 1868-1901, 1877-11-01
The silver Com mi..son,. Il eport.

| ne SkIVeE SOnn 8Sb On'S n q POfts
Senator Jones, of Nevada, laid the
report of the Silver Commission be-
fore the Senate yesterday. Our Wash
ingtOn dispatches necessarily give but
a brief resume of its scope and bear.
ings, but from what we nave enough
i known 10 satisfy ns that the Silver
Senator and his associates have met
/ the grave financial issues Of the day IN
q statesmanlike manners and dealt with
Them As they deserved. They have
treated the questions of finance aud
currency reform as statesmen having
he Interests OF the whole country at
heart, and not as mere blind partisans
sworn TO carry out the schemes of a
single class. Looking over the sources
Ut supply, they arrive at the conclusion
that the supply Oi the precious metals,
and especially that of silver, has been
vastly overestiinated in comparison
with the demands OF the worlds com.
merce, and that, therefore, it's depre-
citation is more fanciful than real, " hile
he nee. s,iiy for Its increase is con-
tinually growing one. From this the
argument is irresistible that silver it,
self can not tie demonetized. 1t may
tie dcbased by the arts OF cunning and
dishonest politicians, but it can not be
,iemonetized, SO long as commerce re-
4uires it AS a basis tor exchanges. 1t
viii be i'll the future, as it has been in
Zines past, part OF the currency Of
the civilized world, known aud recog-
nized by all men.
They further recommend the restor-
alton of the silver dollar-the Dollar
of the Fathers, as we are accustomed
10 fondiy term it-as a unit of value,
while ii the same time recognizing the
functions OF gold. They do away with
the hcresy OF Sherman and his WALL
street abettors that there should be
but one measure of values, and that
the gold standard, and recommend the
adoption of silver as equal aud co-or-
,;inatc with it. Not 10 displace, but to
sssist; not TO demonetize, but to regu-
late not to ruin and destroy, but to
build up and establish the currency of
our country, they ask that this act Of
simple justice be done. When they
ask this they simply demand that the
prosperity of the entire nation shall
not be committed to the hands of a
score of Wall-street operators assisted
by Sn INSCRIPTIONS Cabinet officer,
whose personal and political fortunes
are thoroughly welded with theirs.
Lastly, on ,he subject OF paper
Currency the report is equally clear
and explicit. Rocognizing the fact
that such currency is essential they
urge that it be made legal tender-not
partially, but whOliy-and thus solve
III the easiest manner the question of
resumption. Without saying it in so
many words, they argue that a paper
dollar should be made dollar not by
burning 10 but bv giving it the full
functions Of a silver or gold one.
And this is briefly the scope of the
recommendations of the Commission
appointed by Republican Senate to
report upon the financial issues to All
Administration pledged to the enforce
ment OF Resumption Act whose very
author and defender sits at the head
of the Treasury. 1t is the doctrine the
Democrats of Ohio have been preach
ing tor years. 1t is the principle for
" wlIich we of the West have been bat
thing here under the leadership of our
abiest men, and in spite of the abuse
of both parties in the East and South.
1t is the the triumph OF q principle that
We felt could not be put down-the
principle of truth and right. 1t re-
mains to be seen whether the Senate
of the United States, Republican still,
dare to disregard the advice OF Com
mission formed by its own dominant
party and by its own directi. ms, even
though those recommendations be Op.
posed by President and Secretary
OF the Treasnry.-[ Enquirer.