The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1883-01-04
The presidents message sugges-

tt1ia. litul lII0 1NiI III MN Tx
discontinued until the circulation Ii
moe nearly equal to til. supp y.
bears upon its face perhaps the APP
pcarance Of wisdom. 1t sheuld be
remembered. however, thur failure
10 circulate is due, in great meas
IRE, to the fact that, as money. the
silver dollar is not equal in actual
value 10 other dollar COINS OF this
country. being In fact. worth only
cishty-flve cents, An honest silver
dollar will circulate. anu the proper
remedy would he to increase the
amour OF silver contained I'm the
dollar, and then ii m convent
cnt currency is preferred, let the dol
lars circulate hy proxy in the form
OF silver certificates. Under this
condition OF things. unlimited coin
age would ilndcomplctc circulation.
Lees silver certificates means more
national bank bills, yet Il withdraw
al or these same certificates is rec
commended. The currency OF the
country would thus depend more
largely upon IN issue the entire
foundation of which is Il great ma
tional debt. 1t is not wisdom to
cease coinage. but rather to make il
a coinage Of honest money. II full
value."-IFayette county Union.
We think the Union misappre-
hends the trouble with the silver
dollar. What Is vented is free coin
uge the sam. as gold. Open up the
government minis to the silver pro-
duet OF the world und the coin would
so into circulation without help
from the government, and the gold
dollar would have To stand on its
own merit Or hide or flee the coun-
try as it did during the war. Now
tho government buys the bullion,
coins and boards it. With free
coinage the owner Of the bullion.
when coined. would remove il from
the mines, the sam. as the farmer
Who owns Il s,iis, removes il from the
mil wae.i GROUND. Then the gov
erAment would have 40 more con-
troll over rhe money than the miller
has over u Srlst lie sfinls Tor Gus
toner. The needs Of the customer
would b. the means Of putting it Ia
70 circulation. Now the product n
the mii. e il suiiy double the amount
coined. This brsngs the button
owners ia competition with ,uc,.
other ia The market, the govern.
ment 10y limiting the coinage, dcp.e-
cis,inS its value to the Injury II The
producer and to the pubic dstri.
ment. An honest silver dallaf"
called Tor by our democratic friend,
Is tile dollar bused upon I'll. soNer.
eign power vi congress, and made
fuii legal tcnder ior all debts puu,ic
AIT private. Such money is coined
and noar'icd In the treasury for hut
oas purpose. and that is 10 give the
public creditor a better dollar than
his bond calls for. The silver dol.
lars III the treasury, except those
held aSAins, outstanding silver GER
tl.icat.S. lie idle because the gov
ernm.nt refuses To pay il ont Oh the
debts II owes and fer the payment OF
which the sliscr dollars are full
tender. Sweep Away the barriers
that limit the coinage Of silver aud
there will be no lille silver in tn.
treasury. Indeed tie sum lille there
now Is really insignificant compared
With the idle gold in the treasury.
Under the Coinage act that restored
the ancient legal tender silver dollar
OF alai grains there has been coined
$laS 100000. IL this sum S6G ,ooO. 900
belong 10 various individuals, who
hive silver certificates therefor, pay
able on demand. the only paper dol
lar with an actual rcdrem-r In ex-
is,cncc. and about SO, 600. 600 has
gone into circulation in spite OF tn.
Efforts OF the government ard the
Shylocks to dccry it. This leaves
but $4,000. 900 OF silver in the treas
urs belonging 10 the government.
O. gold there j. idle in the treasury
stis,eno ,OG0, The foregoing nngu.s.
iioaed .ar,s justify tie Nationals in
alleging that ;ais cutlery against sill.
Yer - without Warrant. aIa IN th.
Interest OF gold spectators. On the
taIlI question the Union i soun
enough 10 Il. &aai't,a 10 member
ah:n Il. III. National party. 1t needs
however 10 look - ;nis finance
qae-'ion IL be fuzzy cli~sibie III
Iiea.Lc,s LIP.
EITKnsSE seaNy'yYsIsIo