The Republican. [volume] (Oakland, Md.) 1877-current, 1885-07-18
standard dollars are so lacking in the


elements of value as to be fraud up-
on the pOOr man, and demoraliZine-
of the tone of our mixed currency. Ily
the name of all that is candid az
honest, is not a silver dollar as gone.
as paper one? Congress has stam5.s
ed each as good for 100 cents. The
former being the redeemer of the lat.
ter, hence its superiority or seign
GRITTY. National Bank notes have for
their basis nothing but government
faith, and are not legal tender mon
ey; yet they pass at par readily.
simply because they are convenient
and not in small denominations.
When Congress has exercised its lust
powers in establishing our money of
different forms, it is not in the power
of any class of people to depreciate or
discredit it, nor shall they attempt to
do so.
| There is still another view of the
silver question to be presented. The
mining and production of silver is
one Of the chief industries in this
country. Many thousands of our
hardy and resolute laborers are en-
gagged in them at only remunerative
wages, apart from the million of
capital thus invested.
The people in this country hsve a
settled judgment that our industries,
labor and invested capital, are emil
tied to protection by judicious legis-
lation, and they are now Droftting
by it. American silver has its pro-
lection and encouragement in the
laws, that make and maintain it as
one of our money standards, and the
compulsory coinage ola given quanti-
ty per month. But repeal these laws,
and an unusual industry ofS40, 000,-
00O-one larger than our coal interest
will be destroyed, Let Congress
remove the duty or protection to coal
and iron, ruin and CONSERVATION
among the people will follow. Like
causes always produce like results.
The production, however, of the
preciOGS metals are not like the other
products, for instance, our great grain
and cotton crops are perishable, here
this year and consumed the next.
But the yield of the precious metals
is wealth to us this year and for all
time to come. Each year contrib
utes its quota to the imperishable
stock, which has never yet nor never
will be too large. They are inherent
wealth, and the begetters of all other
forms of wealth, prosperity and COM
! forts. Dispense with gold and silver
| 1.-THE Constitution makes twins of
them and where is the right to sepa-
rate them) and we will drop from en-
lightened civilization down to barba-
| rism.
In the time of peace and prospect.
ty a nation can glide along with
most anything called money, but
when war against which no people
have an exemption comes, all soft
money shrinks and depreciates, and
gold and silver will hide themselves
because they are insufficient in guam
tity to meet the extraordinary de-
mandS and wastes incident to state
Of war. Our own late struggle is a
sad proof of all this. National secu-
rites were sold at a discount, or loss
ola thousand million dollars to the
producing people, most of which
Injured to the bond holders, more,
however, through good fortune and
wise government than their own
foresight. There can be no greater
security to the peace of a nation,
which desires that condition, than an
overlooking treasury. 1t is the ma
tons with hollow vaults that are in
danger of being overrun. The re-
cent cases of Mexico, Turkey and
Egypt, are in direct point.
Let the production of the precious
metals continue, and if necessary en-.
large our strong boxes. And if there
are really those who think they see
harm in the increase, compensate
them with an abundance of pity,
but by all means let common sense
haYe its sway.
DOUBLE STANDARD.
Wbnro tho Eboo Dinob M