The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1878-04-05

lie pfulsrt WHICH hHs appeared III
various shapes since the rass,ge Y III"
Silver bill---to authorize any holder ot
silver nullion 10 deposit II IN the treas.
ury sud ae' certificates for II wiirh can
circulate ~ money---is causing much
fresh alarm among the gold. d.monopoly
newspapers. They perceive IN Il ruin
AMI financial ps silence" rerRons and
hydrae and chimcrns dire" Perhaps Tho
measure 10 nsc all available bullion N
money il q little premature, for even
right thing is wrong when done NJ
wrong time, but IL will certainly br
adopted hy.and.by an,l ought to be. The
same rule already applies 10 gold, and
silver ought u hc put on the same fcof.
ing. II the precious met .ls can IT, ns.d
without coining, they ought ii br. Com
ing IN double waste, for II not My em.
ploys human labor unprotitably, bni,
mere and more, IL alloys the mctals, and
thus units them for ,isc IN tlr artA until
their r.convcTsion. This friction ought
To bc saved.
All tho precious metals In the worl,l
that can lp spared from the arts shonll
be utilized M money. All the gold and
silver moIey In existenee could he
ssorcl In huilding 400 icct square, AMI
Il il not too much IN effect the exchnng,a
ot civilized man. Hintory shows tlin'
the periods of tho worlds highest pros
Wrlty have been precisely those In
which tho volume III RolL and silver
money wnn the greatest: and TINT Every
reduction ia the volume of money hns
l.en followed by M increane III misery.
When the Roman empire VIA nt tn
summit ri its glory, and IT, citizens en'
joyed d maximum Of comfort mud Imp
pinrss, IL in estimated by the hest MI.
thorities that IN pn.ertsed not lrss thnn
~ ,5OO, ON, nm ~ .ni,l anl silver. Bni
t',e Sources u the pisreous metals h.
van - fall and prosperity heean s,.n.l
tAneoMtl, ani rapidly 10 decline. Dnr
Ing the iirst and .econd centuries ot thr
Christian IRA a2no, ,lEsl, tNM wns lot. In
the year Am there was only about ~ ,t,ln,
INN, ,0tDO lett. l,y 5uO il hal sunk ~ ss.al.
NM OtD: hy TN, IL sNAAl INN. mo. hy slM.
10 SAM, NM. .ON al,y the year lion. II
In believed that the total mnn,y.wsalt,
of tie Roman empire VIVA not moro than
sijtl NM, NM, ouly nne.tenth of what II
lind been ,2Ol ycarn before The En-
ropenn world, meantime. lind gone from
bright light IL thick darknerk--trom
intelligence ~ degradation nnd de. =
bnrbarism. When Rome posaetred
II 5tlO, NM, ,OOO, rach emperor. on lying.
left from n. 10 x9n 10 every citizen u
il,e empire. Ml.sN, the amount WIN r..
,lns.d 10 xi5O. INN. .ntHD. the utmost pus.
eriy prevailed. n COW could be bought
for dollar aud sheep for sixpeneo. md
human beings became NJ cheap thnt they
were scarcely considered worth holding
even NJ slavcr. but were transformed
into live mOncy--surrrncy--- man Or
woman passing from hand 10 hand ~ 4
representative u elO! These were Tho
Dark Ages, and now occurred the hor.
rors u history. Not one In 10000
could renl Or write. Europe was
stepped In crime
Suddenly spain discovered Central
Am 'rica, with IT. gold and n yer mines,
and the dark Ages were ri III md. Tie
amonnt of the precious metals qmadrn.
Piled In 4 century. Learning HprnnR up
again, aud something like comfort VIVA
once more attAiLA' n. Spain lecAm"
inistrcss " the world i,ecanse Hhc was
thc worlds silver miner Crime dimin
ished; moral responsibility wan re..H
tAblixhsxl; science reared III tiinid head
thu Inquisition WA abolished: thu kc-
formation taught man to inquire; leisure
gave him opportunity 70 ttn.y. and ne
resxity stimulated him ~ invent.
There cannot be too much real money.
Who 10 diminish.. IL, by demonetixing
or .li.using either of the precious met
AlA III any comntry, IL ~ enemy of I'm
man comfort, and deserves thu cxcesrn'
tinu 81 the race. .veW York Graphic.