Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1885-09-28
THE SILVER QUESTION.
The Side Of the Extreme silver Men pr.
sented 10 View.

the SILVER Dollar In which fiction ,yso
somewhat blended with the facts. yon
take the position, in answer to the ouerv
oi lhe Cleburne Chronicle. that the mctal
III the silver dollar should be Increased In
amount until its commercial valne as \
commodity Is equal to its lcgal.tender
Nhiue as money. You say smut twenty
cenls more of metal in the dollar and
make II an honest coin" Honest in yhatg
Honest to whom Is not the standard
dollar worth one hundred cents In H.
monetary capacity? Is it not the ennal
m debt-paylng ability with the rold doi.
larf What other capacity or function is
! required, or should be considered
ln regard 20 the silver, or any Other dol'
lar' Is the government bound to keen mo
commodity value OF the money material
| which changes every day-up 10 III mon
! etary Nalucg II so, where is Tho sense of
linpartlng legal tender attributes TO n
al all! Why not the government stamp
II, certifying merely TO its weight and
hhelesS, letting II pass rs any other com
modify Tor what it is WORTH Let us Tins
revert to barter and It's ever attendant
barbarlim. But ii the government issues
money and makes Il certain weight and
hncness of metal legal tender for dollar
IN payment of debts, why should cred.
itors be privileged by having its welrbt
increased whenever they make a demand
therefor
/ You say you cannot see how, adding
twenty cents worth OF silver to the dollar
would rob the debtor class. Let Us see
According to your own figures there Is.
say, 250,0OO,0O0 silver dollars in cirrn.
iation' Twenty cents added "a each
would be 100000, 900. II would cost the
1 people this sum, not to speak of the cost
OF recoinage. This, as beginning, with
ont any consideration of future coinage.
( Again, would adding twenty cents worth
OF silver to the dollar increase the value
OF the dollar II it Increases the value OF
I the dollar, certainly the debtor will have
to give more OF his Labor or products TO
! procure 1t, and to that extent Il increases
l his burdens. That is plain aud positive.
| III 1t would not increase the value of the
/ dollar there Is no use 10 add the extra
amount, 1t will do no good to Increase the
mere weight of the dollar, nor do think
the advocates of this measure ask II OF
the grounds of the necessity of larger
dimensions forthe dollar.
There is another consideration, and /,
is for this reason that many bullionists
urge it. The increase of the weight OF
the standard silver dollar would be the
recognition and assertion positive and
emphatic that gold, and gold alone
was the standard Of value; that
silver was Il dcbased and subsidiary
metal, dependent, regulated and con
trolled by the gold standard. This woult
deprociate silver and appreciate gold
gold being the standard, its appreciation
would add relatively to the burdens o.
every debtor, Who so blind as not e
see this:
But you call attention to that won.
drously compleXed calculation (2) made In
the treasury department, based on Lon.
don rates, too, "you know" to lind the
bullion value OF the standard dollar, and
the result of which was telegraphed al
over the countryside awful announce
ment that said bullion value Is only ~ I-lt
cents.
Aye, and the treasury officials might be
better employed than so computing ant
so Conspiring with the gold brokers Il
manufacture public sentiment against
and to degrade and dcmonetizc, the silve
dollar. Daniel Manning may be frien'
of Wall street, but he is carryin;
his friendship too far when for its bene
1T he works TO dcpreciate the people
money This may be ciyil-seryice rcfor
from Wall street standpoint, but 1t |
neither civil, nor honest, service 10 tn
general public. The truth is, we hay
been paying mere agents OF Wall stree
in the treasury department for the pas
twenty years The silver in the STANDARD
dollar Is then only worth "eighty cents,
and is therefore "dishonesty" BY wha
standard is this dishonesty and this yalu
adiudged. Tho gold dollar, you will say
Has the government pledged Itself L
keep the commodity value OF the silve
dollar equal to the gold dollar-thnt /
% $40 grains OF gold, nine-tenths iinc
If so, when? Where?
Again, is It the silver dollar that ha
deprecated, or the gold dollar that ha
appreciated? deny that silver Ia
deprecated and assert without iea
of contradiction that il Is the gol'
that has increased in value, and turtle
that /, is constantly increasing In value
WHY not then demand that the gold dol
lar be decreased in size? Is there not a
much reason and more justice IN such
demand then that the already bulky sihe
dollar be enlarged: Were the debto
classes only half as shrcwd, selfish
greedy aud graspng rs the crcdito
classes are, they would long since hav
made that demand Snpposin9 gold wa
10 rise 70 double its present valne, woul'
Won demand that the size OF the silve
dollar be doubledg From the reasoning
or rather lack Of reasoning and absurd as
sertions IN lieu thereof OF the eoldtes on
would nc led 10 refer that gold was fiNe'
and Interchangeable IN yamr-a divinely IN
sttuted standard upon which al
business mu.t DC based and I
which all values must conform
heavens duly appointed am
sole legal tender on earth. Now, th
truth is there are few other commoditie
which nuctuatc SO much and sowldely a
does gold. From 1889 TO ls0g-twent
wears gold fell 8 per cent. From 1870
10 lsia II rose in value lij per cent
From 1919, in consequence of the dis
coverics and production Of gold In Call
fornia and Australia, II fen so rapid
flat The Shylocks OF Europe commence,
lto cry oui against II as "dlshonest'
money. and in Difference 10 their dictatiol
a few European countries dcmonctized u
The wear of $50 was The worlds creates
nroduction of gold, SlS0,0oU,0O0 wort
being produced that year. Since INA
wear the animal production has been &c