Daily Los Angeles herald., 1884-06-22
Who Are Our Friends.

The goljites have kept up continual
howl for two years against tho coinage
OF silver, and stated that "sllver would
drive all the gold out of the country
Such abominable falsehoods should bo OK
posed. The people of Los Angeles
county derive large part of their pros
perity from the business of silver mining.
Every express train from the east or
north brings money from the mining
camps of California, Arizona and New
Mexico to Los Angeles, and every train
going in those directions carries away n
load of the products of our soil, the mer-
chandise of our tradesmen and the work
of our mechanics aud manufacturers
Any injury that is done to the PRO,
duction OF silver Injuries Wery man, wo.
mar ,nif child in this section of the
country, which is a producing country,
largely dependent for q market on the
numerous mining camps Of the interior.
The business men of Los Angeles should
speak out ON this question, and demand
tnat the candidates who are, or may be,
before them for national or State offices
should oppose adverse legislation to the
production Of silver.
When the readers of the HERALD are
told by the newspapers of New York
city that "lf the government continues
to coin silver all our gold will be driven
out OF the country" they eau point
these mischievous journals to the fact
that, according to the monthly state
ment of the Secretary of the Treasury of
June lsi, 1884, the United States Treas
ury had in its vaults $l42, l12, ,027, while
on the same date in 1883 there was
Sl33, 700, 1903 in the same vaults of the
government, showing that, notwith-
standing the coinage of silver had been
going on all the year. there was an in.
crease of gold to the amount of SS,462,-
92l in the vaults of the Treasury. More
than that, during that time the govern
ment has paid out 500, 600, 900 in gold in
redecming government bonds.
On the first day of June, 1888, the
Government had Al, ,32S, S0i standard
silver dollars on hand above the amount
of certificates issued, while on the first
day of June, 1884. it had only 40,3S9,-
209, decrease of nearly u million dol.
lars in e year in standard silver dollars,
with over eight millions increase in gold
during the same time. Comment is un-
necessary. But the question arises why
the people of Southern California persist
in supporting New York newspapers,
iat ure so overloaded with fasehoods
q ID are of no local advantage to this set
,lon of the State?
The people depend ON the newspapers
OF southern California to promote their
interests, and they are always ready to
do it with right good will, and the
largest share OF the prosperity of the
country has arisen from the efforts of the
local press to advertise its climate and
resources. A sense OF justice would in.
dictate that the people should give
more enthusiastic support to home pa
pers, that stand by their interests, in
stead of patrouizing journals 5000 miles
away, that are opposed to their interests
continually. The daily newspapers OF
New York are nearly all opposed to our
silver interests, aud SO are the members
OF Congress from that city. 1t is time
to stand up for our interests with bold
aud constant spirit.