Los Angeles daily herald. [microfilm reel] (Los Angeles [Calif.]) 1884-1890, 1884-12-07


fho 8fasL1 ~ el.i fhs hafflsap Of the
fairie ailf -, sui ef4ed the naiions -
me Garth That ifbey depended "a gold and
silver Sc the iFo metsia forinsal tender. Bat
there should ha no DISQUALIFICATION Aeinean
them. Rata uere Indispensable ara 10Th
should be eqnaiiy fespeoied sn1 projected
But an efbsl has been made By The nfi.seal
afministrsfina 90 degrade silver aud axall
gold s1eh satian Is hishiy laiHrlgus n
Los Angeles aud g. Southern California.
which 20 be- the Eren silver producing
country % lhs future. spssie VIZ must have,
aud. a. gold ID decreasing IN amount. silver
must take IT, place
According - ihe annual report Of ihs ~
rector or The Mint ne geld eureneg g ihe
Wdfld has deefessed tszm9 90 while tho
coBunefBial nations - tha world have 3d.
creased 90 population and IN requirements
f1f tn intreescd circulating medium
This decrease b ianfe than liWa.W0 per
month Sow Deg Iris condition continue.
aHd how long Will it 30 before there j. 10
gad currency Do The wofidi Il gold e 20
disappear Into ihf c1ifafs 81 inisers aud
manufacturers At the rate o. 3u1pW per
month, ne people must turn 90 silver %
since 81 annual product ~ gold Is con.
SANITY decreasing. While the prod act Of So
var q constant snd perm nant the Govern
mcnt Eay % aud b. see ias potency ~ 81.
ihe misorapci and ne panic makere Dc.
isht Southern cadierhis + fall aud
silver prufeuiuF festen, blt prod ppst
is silver hullian. SET Has no Jealousy OK linft
gold, or dc.irc to see e production dimia
ifhai This section . ile home IT the gold
discovery iu caillnfnia. nnd d fck 70 gald
aud 80 For hHi g0l1 cfnu0t De fuunu flpidlf
enough o. meet tho wants Of tha repplei and
aa "a snfenId sine suhIliiuie the people De
maad 40 aer currency that shan be % paf
with gold Ia every feapaHt
The free e0inaFc ai silver. the great and
permanent crop n sluihorn ctlii0ruial isau
absolute commercial necesity. 10 fhls
C1IapipNiUu BIAS 70 come 9t iHahN on thls
question the HHiHg krEhq1gf ytry truly
says No one denies the many Advantages
which are paasefsed by gold, bat whfii d
material can be 90 longer applied 70 lil a
demluI Do becomes necessary % chhnfe
SOME otter Hich ppsfe5ses - many deslra
bio features ~ possible aud can be- furnished
IN quantities sumcieut % insure 4 constant
aud regular supply No more conclusive
srgnmeli fHn be pfefruted thfu this silfls
presentation Of the fact based up m
lhe u1at thorough lnveaig Hion Of
/ query available niaans 81 lniuf
nau9u rom sll psHs OF the Civilized
world and We believe c eaneluaiYely set
( lies thc question Bat gold never can be the
mi gersii standard Of monetary value, from
/ the face thar auaneinat qaHnhiy z W.
/ available. II ASA gives feiaqh Tor me
charge which has been made liiai ihe apnAf
eni deuf1cinti0u Of oliver Is elslned is the
result 0f 80 Increased value lu gold inste Id
| 20 decrease 10 the falue o. SILVER There
I has be0u nothing 10 cause decline 10 the
! price o. sllYgr a. iH product % maa.ained
| II n steady volume, aud Is marked by 40
/ fluctuations which would materially aHsei
| rs value The vide diversity Of silver, size
/ ineKhaustiaIe supply which tho discoveries
/ 81 tho age have demonstrated, HE Regular
and sieedg product presents mauy adNan-
taees which must De aPpnfenf deneraffat'
ing iis fitness as ole af tho bNst HeialA 10
represent Che standard currency 81 eifilizs
/ tiuu.