The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-09-08
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ssThs Dollar OF Our Daddiss" Despissd,
{ Donosnesd and h sbased-yiews Of
yEone-Aetaltst ON tho Governments
1ev Departure;
GALVESTON, Sept. 5.-lEditor HER
ALD.l-From the enclosed slip, cut
from your paper OF yesterday, See We
are a long wsy apart on the silver
question. viii change its reading
little and wait resu Its:
1.-THE treasury officials are highly
grstid,d, so the dispatches soy, with
their success SO Tar in their efforts 20
get more silver into tho channels OF
trade. So tho vaults are emptied and
moueymade more plentiful, the people
will be- satisfied. We viii risk the
(nor) existence Of q bi-motslic circu.
latlon with the disparity OF value ex.
istins between tho two c0,ns) II any
thinS IKE experienced finsncierlng
CONT IL It."
Aud this Is what Experienced imam
ciefil Z" will do 10 avert wrong to tho
people: A New York telegram says:
"Secfetary Manning, yesterday after
noon, met small party OF bankers in
the treasury building. The bankers
gathered assurance from tho interview
with Secretary Manning that tho ad-
miuisuatiOn was unit In It's desire TO
abolish tho silver coinage law ut the
next session of congress-"
Does 1t not speak for itself, when the
gOvtri ment will lend its aid TO the
great extent ofdolivering the standard
silver collars free OF cost at any point
IN the couhtry-anything to get rid
or the silver - appealing to
tho righteousness OF the bankers
throughout this broad land by way OF
temptation in the saving of trifling
gall Ia exchange to force the circula-
tion Of the inferior coin on the people,
and the further they can send it away
from his treasury the better. don't
Blanc the government officials, but II
1t Wa. such good thing, why would
they DO willing to swap IL Off for any
thing and send IL free anywhere?
Why not send gold the same way, aud
IN like manner deal with legal tender
bills? But no; only tho standard sill
yer q, liar can enjoy the favor OF free
passes out to the people; but no return
tickets are issued. The express COM
panies Will take currency at 81 90 per
$1,0U0 to New York, but silver about
$5 0Jpr moro.
Take this Wow OF the case: Sun.
pose the banks throughout Texas wore
to avail themselves OF this advantage
and Lave the silver sent free, now that
excb snge Is at discount, TO pay for
the STATES Professionalism $780,
OO.OtO would be, imported yearly
Theh The time would come when the
balanc5 Of TRADE Ii ON Tho other side
and the people want the, money soni
North to pay for imports, merchandise
maa9factm cd articles, etc. There il
no HGy to get this silver back; the
goeti nment aid Is not extended tc
help its return; hence the moro con.
vehisnt money--pgper or goodwill al
once command premium over silver
and Tut litllo time Will he required 10
elect their disappearance and silver
only be left. At the rate of coinage OF
silye, SOS, 100000 II yoar--tbe silver
dollar will not only sink TO It's true
level, but because of ITS expensive.
ness and cumbs oneness In hand.
ing, It's superiluiiy and friendlessness
DO crowded down until It's purchasing
power VIII DO under IS per cent. of It.
lace value.
Now, If tho protection of the
few engaged In mining silver, tho gov.
ernm mt could force ita expectation
abroad among foreign natives at it's
presi mt artificial value, and lot the
loss DO borne there, II would DO eli
right; but ala IL Ia now, loss can only
and Will surely fall on our own people.
The bankers are sharp enough to take
care OF themselves, and tho masses
will DO the sufferers.
HONEST MONEY.