The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-11-08
CON AND SILVER METALS.

GOLD AND SILVER METALS.
The silver commissioner long IN
cubating in Washington-has at las0
Matched ont a report of some 2oo pa.
ges. AS indicating the quantities OF
gold and the quantities Of silver ylelo.
ed up to us by Nature, the report 1901
interest. For in the respected quah-
titles afforded TO us is clear teachln3
of what those metals were lntelioeu
for bv the Power that has mace an
things for our use and III quantlIles
proportional to that use. VI ali 1no
minerals, first comes coal, next ron
third lead, fourth copper; tneh'
going through small varieties OF the
smaller metals, we reach silver. ana |
distance of ten or twelve we come up |
TO gold. The supply Of silver, is say,
len or twelve times larger than the
S1,nnlv of gold. Do we require gold!
YES a little for the arts. Do we want
silveri Yes, q great deal. There is
not dinner table in the nation, how
ever frugal, but would have silver on
Il instead of base, corrosive, some
times poisonous, metal spoons. In the
arts. too, gold and silver are largely IN
o use that is every day growing larg-
er. 1t would be a great benefit In
that direction to have those metals at
their true natural values, which
might be about the fifth part of what
the currency quacks keep it up to
those quacks who have turned both
metals from their natural, inherent
and beneficial uses turned them to be
loss, perplexity, curse to the CIV
iHzed nations.
In war, anarchy the absence OF gov
eminent, those metals had hand TO
hand value as an article OF barter.
but where government exists the cir
culating certificate of the nation IS the
true abiding currency OF that nation
Possessed of every advantane that
marks the true to distinguish 1T from
the false. Thus:
1t remains at home.
1t saves interest
Lost to the individual, it is gan
to the nation Of one or two per cen
yearly.
Increased population demands III
creased money to keep it up to th
standard. say five per cent yearly Q
the whole.
If we have the sense to start wit
a sufficient currency-say as much a
much as France uses-the causes her
enumerated would extinguish the III
tional debt nSeven or ten years.
And looking at these truths, tn
feeling we have towards these gol
and silver quacks is one of perplexit
a good deal mixed with contempt.
Contempt for their stupidity. Pc
plexity in looking at that stupidit
as it Is continually thrust upon OF
attention.
Gold and silver. Is there of both
the whole world twentieth part
what would make the currency of eli
iliZed nations!
In small transactions is it not
bulky cut-purSe, inviting heaVy, l
convenient nuisance
In large transactions is it possible
Yes. by weighing it like coal, and cal
ing under strong guard from house
house. from counting house TO cuStO
house. Half and half of each metz
how many tons would the itubdi
award Weighl How big steam
would it take to carry it! How mu
cost i'll freight and insurance!
As basis of circulation it parall
the house in Scripture that was bu
OH Stllu. -AIlu Vic IslItS oOSoOhNeN
and the floods came, and the win
blew. and that house fell, and gre
was the fall thereof. How often
this country has the movable ''spe
basis" and the banks resting on it
allied this emphatic picture or
house built upon the sand!
From the silver commission. its
RODS, its quantities, its places of d
ging and coming, and all the abso
ton Of the past half or whole barba
am. we turn suddenly and contemp
ously away. But there is one featl
of the report worth notice, and tina
where the Commissioners say Il
silver is good enough for the big dt
mongers: it is all they are entitled
and all they are going to get. We
cept that as slight look round in
right direction. not declaring m,
in the present, but indicating m,
that may present itself in the time
come This silver talk in Amer
is like the Home Rule talk in Irela
The sooner the friends of both co
tries get rid of both ''entangl emen
the more creditable will it be for b
the men. and the better will it be
both the countrieS.-Irish World.
- AAvs&