The Cairo bulletin. [volume] (Cairo, Ill.) 1872-1878, 1877-09-01
VOL, o..
or Bnllptin.
RECON- IT.
lac ResTai.ttg, 81 o.. sIi}ar D0iiar.


ST. Louis hP'bHtai', Aug 49,
'lhe capitalist of the East are aYefse ~
The coinage Of the silver dollar unle's It
shall be demOnetized. Take away It's I'M
limited ability to pay debts, and they will
gracefully comply with he request of the
masses that the silver dollar shall be rsstOr
cd to coinage. The uniform expression OF
the people throughout the West AMI South
in favor OF the 70 toraliGn Il the old dollar
alarms the Eas m capitalists, and fearful
that ths c1ngrc Jt October may ~ TO
rr,s ~sissnd and restore ihe lylar he 10
hiling Eastern journal. with appeal, 10 TIE
people TO take more time. "Do not be in "A
hurry about this, F." they urge. wat until
congress OF nations can settle the question
whether II would be bert to have double
or single standard T. the United States
adopt. silver aa well n gold for money, the
cheap silver Of Europe will be poured into
the Golfers OF the country and gold will be
mi.placcd.r
This /. tn, Mind Of trash that is being
preached to the West and South through
the organs oftne East. "The cheap silver
OF Europe, as though the silver OF Europe
was any cheaper than the ,llN rr Of the | nj
ted states, Bywhat process will gold be
shipped out II the balance OF trade is in
favor Of America, how can her gold be
taken from her by any one perhaps the
answer -, that it VIII he purchased by the
cheap SILVER Of Europe. SILVER Is dearer IN
Europe than ia America, and were the gov
eminent 10 restore the dollar, no one would
be compelled to give gold in exchange for
SILVER uno,, they obtained what they be-
licyed 10 be the iaH value Of the gold. /! q
man sold 2 horse - another he might be
compelled to take silver in payment, but he
cannot be compelled to sell the horse If he
would rather ncep him than 20 take silver.
\ man VINO owe, another may compel Als
creditor 20 takGri'yer just a. he can now
compel him to take paper; but he cannot
compel him 10 exchange hi gold for silver,
dollar tor dollar, il be does not choose to do
So BY whal process, then, vii the United
State. be robbed Of il, gold and inundated
with silver France uses both gold al /
silver, and nothing Of the Kind occurs there.
Germany, on the contrary, has demOnetlzed
silver aud has found tGst u keep her gold
at home j. more than she gan do. The rea-
son is obvious. Silver is not money, and q
foreigner can bring goods and wares into
Germany and sell them for gold and carry
the gold away with him; but If he comes TO
America with his goods he may get paid IN
silver, and he cannot compel any one 10
giT" him void IN exchange. lfhe willhaVe
/ gold he can get i by paying tor =, Why
ever is relative value may be. The fact j.
| II the United States re stores her dollar the
expectation OF gold will in q measure cease,
but silver will be shipped, as it now is, TO
whatever market will pay more for it than
| it Is worth in America. If the demand for
| China, India and Japan falls of 30 that the
| silver is worth a. much in tle Cnited states
as abroad it will remain at home. Nolnlt.
ter whether it is used for money or not,
silver will have it, commercial value, and
thi. value VIII regulate its movements.
Thi. getting something for nothing is an
mposaibllity, and Is quite as true in silver
and gold exchanges as in any other ex'
changes Recon- the dollar without dimin'
ishlug its deht-paying power and resump'
ton will be accomplished at one stroke, anc
contraction OF the money volume not made
a necessity