The state rights democrat. [volume] (Albany, Linn County, Oregon) 1865-1900, 1878-01-18

The 0segonsass, with a style Of petit
logging which is unworthy Of itself as
syell as an insult to its readers, gives a
reason for It's opposition to the silver
bill that Sharon and other owners q
.ho great silver mines viii be largely
,eneHtted by the appreciation of then
,ullion. If this is to be given as rea
son for its opposition, then that paper
bught to oppose tho purchase Of oui
oregon wheat by buyers and specula-
tors, because they are almost certain t.
BE financially benefited by it. That
oaper should also oppose the construc-
sion of the Northern Pacific Railroad
or does it not know that the owners
hat road expect to be greatly benefitte
and vastly enriched by its successful
eompletiOni
lAis argument that some half 3ozel.
sreat miners would be benefited by sii
yer RECOMMENDATION is absolutely no al
sument at all. Its decidedly babyish
It cannot for a moment figure as a rea.
son why silver should not be restored t,
IS proper standing, from which it wa,
srongfully degraded by trickery ant
,raud. Silver is now legal tender fol
small debts, and must be taken by III,
poor people at its face value, although
deprecated. The Osrgoaiasa, when ar
gaing in favor of the rich bondholder
becomes virtuously indignant and de
nounces it as an unpardonable siI
and an inexcusable outrage to wrong
these bloated bondholders out of 6 or
per cent, but in the eyes of that Iapet
It IS christian act and an evidence o
enlightenment and civilization to de
fraud the poor out of that amount
That paper wants to fulRll scripture b,
giving to the poor that they may hav,
n abundance, and take from the poo
even that which they have.
Give us the same kind Of money fof
sieh and poor, and we win show 70,
m immediate increase of prosperity il
he country.
For eighty years our silver dollar wa
legal tender in this country for an,
mount, and during that time has al
rays been at par with gold, and some
INES better, as it was when demon
,tized. Four years ago it was demon
.tized, lost its legal tender qualities
md has, Of course, been at discoun
.ince; but the comparison shows tia
emonetizing win appreciate it. an.
nake it as good as ever.
Four years ago when the silver dol
ar was demonetized, it, (the dollsl
.oined, not bullion) was worth S1.03 j
sold. The act of decentralization dc
oreeiated it of course. though but fe,
any had been circulated in our coun
sry for years. The very fact that bull
ion could be coined only in small quan
sities, and that not legal tender 70,
more than FIVE dollars, of course de2re
eiated bullion, especially in a countr,
like ours, where we produce over $40,
100000 worth Of 1t, annually. BIZ
ave Us legal tender dollar, pay it OF
N every contract made payable In col.
when the silver dollar was legal ten
Ter, and we will have no trouble /
making it worth 100 cents in gold I
Is no violation of contract TO pay il
silver, for our bonds call for coin pa
meat, and previous to 1873 the bond
holder would have been glad to get !,
silver dollar in place Of a gold dollar in
payment for his bonds We would net
shirk single agreement made to pay
Bur debts, but we would not go furthe
han we agreed and pay geld when con
silver and gold then being legal tender.
vas all we promised.
The present subsidiary coin, whicl
about 85 cents worth Of bull
ion, al present rates, is quoted at 9e,
in gold, per cent less than greenbacks,
and add the difference {6 cents) between
chat coin and the proposed dollar Of
4l21 grains, and we have the 81 cents
sorth of silver bullion, worth 1929
vithin of a cent of gold, just wher
Re propose they viii be when the dolla,
is made a legal tender DemoDetizine
silver took away its value, because ii
-ook away its market. The fine art,
;ould not use but small portion of th'
roduets, and when coming ceased. tn
market was gone. So men are afraid
his country will be flooded with silve
,oin and 1t viii become drug" whel
It does We want to lie in the drug
business.