Clearfield Republican. [volume] (Clearfield, Pa.) 1851-1937, 1878-02-06
NEW SERIES--y0L. 10, NO. s.

! II single instance m which the sllvc
! dollar has not been as brave as firm
b reliable as the gold dollar chulleng
& the sad records OF every financial alarm
- pane, or crash that ever beirl us I,
e show where for a single day or hou
!, silver was not as intrepid aud iearler
. IN the money markets us gold.
o From 1902 to 1879, from the coinag
n OF the American silver dollar to the day
/ Of It's Industrious destruction. eighty
one years, gold and silver never Huc
g tuatcd in their relation to each othe
! but q fraction over per cent, and dur
) ing most Of that time silver none,
= ranked higher than gold money, ant
did 80 the day it was destroyed. II IL
4 true that both these metals, so prcci
GUS III the traditions Of mankind, brok,
down at once when this Government
, was called on 10 fight for its life, wbei
J the ultimate and oxtremo necessity O
, the hour demanded u money stronger
, than them both, based on the conf
! dence Of the people that their Govern
: ment would live and not die; yet When
) they fell, they iell together. Neither
the one, nor the other, nor both united
were sufficient TO make even rcspec
table struggle for national existence,
aud they abandoned the field on the
first roar Of hostile cannon, but silverdid
not flee any sooner nor get under COW
er any quicker than gold. 1t ma,
then, think, be safely assumed in the
light Of all experience that the real
reason for demonetizing silver in not Ia
be found in its failure 10 be the peer
under all circumstances, in all ages, and
in all nations Oi the other precious me-
tal which has now become 81 strange
ly, 80 suddenly, and 50 snrreptitiousIy
exalted H. the eyes of the money pow
er as the sole standard OF values.
Pursuing our inquiry, therefore, on
this point we come next upon one Of
the principal reasons now assigned ior
abandoning silver coin IN money. II
is true that the sincerity OF the reason
is open To the snspicl0n which always
taints an argument brought forward
us an after Thought 10 justify an aci
which evades all discussion at the time
OF its passage, bnt nevertheless il shall
be fairly considered even at this late
day. 1t is now urged with great We
Lelnence by the advocates OF the gold
standard aloue. that because here aud
there European monarchy with the
hardest worked and poorest paid peas
antry on face of the earth has Danish.
cd silver, we are called upon by onr
business relations TO do the same. 1t
IL urged that we are TO follow and not
lead IN the affairs OF the world. Ac
cording To this argument we are to
trail in the footsteps Of governments
whose principles We denonnce, and
whose laboring people are fleeing il
constant streams from thcir shores TO
our own in order to escape oppression
and starvation.
Sir, no one disputes the fact that all
civilized governments have certain
communities of interest but TO my
mind the American Republic Is less
Ia. on ,ha oondnc, snd ,"Io!,s .,
other nations than any other govern.
ment now in existence. Nature in her
most lavish mood has conspired to
,nak. tho Auerican neonle in fac, n.
waiI 90 IN ,,a,na On ,nd,nand.n, moo
nj, O,r rI.c, an ,ha man ~ ,h,.
iG,I,h., iii a an is,is,sd a,a M;',h,y oceans
s,rs,ch on, he,ween ma and ali Tho
a., class nowers NJ Tho world VIVA,
,nra;,,n ,.,,,Lhors rs baye on o,r i'm
n.d;s,,. bnrdsrs ara we.k mud min.
nnr,an, Wa ara mn, only suhstap
ia,,,, aIona .ol;,;n,I ,a,rar on
,La Nar,h nor;con cn,,,;,.n, ond
san.rs,ad nv Inn, d;s,ances trnm MI
,:,;ons =, ,Lo a.r,h hut ,ra
;nns.t,ss ~ ,,;,h;n orrs,.lrss In nnc,;lina
'hnnd.nca svorv ar,;rl, and ,,v,.rSS
'',''",.'", y, na,;ayal wa,,I,h and ',l'rss
oon nas, d"nai', ,,;i, s,sd ,nod,n,,d 49,
,;,,,..'' ,a.,',,,,as - 49,, a'a 81 III, |
, IL. ,'s,e1 .s',s - ,",s',.d 80 u s - al, Ill
~ as;.,a,;s" nro,,ross ,rh;Ia ,ha ;.,aiI;
,..,'f - 'i'',
@ T.. tad s'r5 ,r;ll TO ,nr,s,', sr, ~
III I ~ ~
~ ." a. w. ''a. ,Sa.,,o, 49, -
n".,,,ro', so :. so,, n.,,;.na. ov; I'D IS -
hn, i;,,ls n.,.,t - '..'''.', "a 'II;., "T -
,nr,ish,d NV less terminate na,inas
Adni,,;,', hnw.ysr H., ar,n,n,,
far ,ha s,k,, ~ mee,in,, IN, on
s,,.,,.,,l ,,,.I;a,, a., r..a,I ~ .,.,,,;'. I
has;s ,,n,,h, ,nh,, /, hsr,nonv ,.;,b ,hs
r',,, ,r ,ha.rn,li IT,, =" a~S,n;na | ;n,', ~,
,h9 ac,nsi s,c,s ss ,hsv now ..y;s, IN IN
~ rsr;',,,s monay s,,s,.nns os aror,,
M - ,r;,h 49, -, ~.
r; !; ,,,.' IL ~"
- y, ,ha ',an'',..i 80, and h.;
80 80, n.,;''ns s,',,,on " ,i;'.J, 9"I
a ,ha, ,,, ', !, ". ,'onmsII.,d ~ nss, !, as;I.
nnrd.,r 40 LINN ,'n,a iii = 'r;a''
s,,rsaJ f;,ane;,J rrv,,In,;,n9 ri, h,Id
~ sach disbonnr ss a meJ;rm ~ r,,es,
,hrno,hon, ,ha world ,ha, w. can NO
Ionvcr unh,lJ II with cred;, 10 onr
L. O, ma o,n,ra.,, ..,c,i
innate shows ,bat siIysr il nm sror
mons nnJ overwbeImin, s,vor,te oil
tho en,;r,,radin,, and cemmsr.iai non
nIa,;ons of an. Will, earth ,oe o5o nh
more people have silver alone AS their
standard of values, and transact all
their business upon " as specie bn.
SIS, 'han those VINO nave golu alone
ior similar purposes. FROM the same
soareoc e',s ano m 'h'or'n"''oh we iuarn mat
80 -ov,ovo more people use s'lVer
atone =, .nah usc goa una S'lyer po.n as
'helr metallic currency IN 'nls 'ast
statement ! ihcluuc the popu'auoi OF