Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1885-12-10
CLEVELAND AND SILVER

sage recommends the suspension
of the compulsory coinage OF silver.
In other words he admits that the
present action Of his Secretary Of
the Treasury is not legal, and needs
some other legislation to bolster 1t
up, As an excuse for his action
he affects to be Influenced by de-
sire to assist the trampled poor,
etc. etc, but again in his message
this significant sentence occurs:
1T is apparent that a line OF
action in regard to our currency
cannot wisely be settled upon or
persisted in without considering
the action Of other countries with
whom we maintain intercourse.
In other words. America, With its
independent and unexampled
resources, must adopt system
which suits the European bond
holders. These bondholders, by
demonetizing silver and getting
bonds paid in gold, realize tire
mendous stake of millions upon
millions Of dollars.
When the bonds were negotiated
they were to be paid in silver,
Mr.. Cleveland claims that the COR
slant returning Of large sums OF
silver to the Z. S. Treasury means
that the people are tired of silver
as circulating medium. IF this
logic is good, let US drive silver
from circulation so that taxes and
revenues shall be paid in gold.
The next step must necessarily
be the demonstration of gold, for
the fact that it will be found in
large quantities in the Z. S. Treas
ury.
If Mr.. Cleveland has reached the
conclusion that silver is getting too
numerous for this country, would
it not be good idea to pay the for
eign bondholders in silver and get
some of it out.
I'VE have now on hand all the
silver dollars necessary to supply
the present needs of the people, and
if the need of more is at any time
apparent their coinage may be re-
sumed. Capital now timidly shrinks
from trade, and investors are un-
willing to take the chance OF the
unquestlonable shape in which their
money may be returned to them.
As a necessary consequence labor
lacks employment, and suffering
and distress are visited upon por-
ton Of our fellow citizens especially
entitled to the careful con sldera-
ton of those charged with the du-
ties of legislation. No interest APP
peals to us so strongly for safe
and stable currency as the vast army
of the unemployed"
The statement that the country is
sufficiently supplied with silver is
not true. 1t is the lack OF silver
that brings Us face to face with the
vast army of the unemployed al
luded to by the President The
Democratic papers have continually
alluded to the good times which
followed Cleveland S election. But
the President admits in his message
that this state Of affairs does not ex-
ist. The hard times have followed
the accession of the Democrats
for capital fears their free trade
theories, and because the foolish
economy and retrenchment OF the
Administration has resulted In a
scarcity of money. The Tariff for
Revenue only" cry means that i'm
ported luxuries used by the rich are
to be admitted with low duty: this
decreases the revenue, causes a cur
tailmeut of public expenditures and
throws thousands out of employ
ment. This enables the rich to get
their goods cheaper and the poor gel
less employment. To cap the climax
the Democratic President whose
party has brought about the hard
times has the assurance to lay the
whole trouble to the door of the sill
YER dollar. 1t is simply shifting a
grave Democratic responsibility
upon the shoulders of the silver In
terests.
Hair has