The weekly Elko independent. [volume] (Elko, Nev.) 1872-1887, 1885-11-15
mMk ADVOCATE.

OlocuhS1ng the mucn mooteu Quehuon
thA New York Sun in q recent leader
asks; Why not come to the silver bapis2
IL opposes the Warner silver certificate
scheme, ~ making merchandise Of and
denonetizing silver. 1t saw the proper
measure for the emergency is to execute
fully the provisions o the Bland-Allisop
act Just az it stands, aud instead Of
: coming two million silver dollars .
month, coin four millions Of them.
This, with the two hundred millions al
ready coined. will bring n gradually
but surely TO a silver basis, and make
the prices Of commodities conform
nearly to what they were five years ago.
The gold now in the country will re-
main as a reserve for the liquidation Of
the foreign debts in case it should be
wanted, and il. in the course Of events
silver advances in value or gold declines
we shall be ready to take advantage Of
the change.
- The course above suggested is doubt
, Jess tho wisrst and BIS; that this coun-
try could pursue. The Sun treats this
currency question in a plain straight
forward comprehensive manner, stiip-
ping it OF ths 'labored vcrbiage with
4Liuh il il clothed by the organs Of the
soid-nnss for the purpose Of mystifying
tiF public mind and promoting the be-
lief il,ut In. ANA, tiun - nna An rnu.ri.N
IN its nature that none but Eastern
bankers HGi the snPirnt editors Of gold
bug Journals are Capable OF understand.
ing it. Silver being one OF the precious
metals; our original standard Of values
and It's production one Of tue important
industries Of America, any policy O II the
part of this Government that would
change this standard or degrade the
metal will most assuredly prove a disas-
trous one 10 the country at large. The
plan advanced by the Sun con:emplntes
the payment OF the interest aud princi-
pal,oi The pnblic debt in silver coin of
the realm. Aud why not? 1t was 70
''nOminItci in the boud," and why has
the law in regard to this matter been
persistcnt!y violated through nlI these
years. Had the Government dealt
justly in th.s matter, the United States
TREASURY would not now be OVERLOOKING
with silver, aud the country would have
been'sparri the infection of at least n
grea. part Of the nonsensical yapor-
ings OF gGid-bug organs.
The San saysT'The gold now in the
country viii remain Us a reserve for the
liquidation q: the foreign debts in case
II should be Wauted."- But the probn-
bihtics Are that If the silver is sustained
as it should be, the gold referred to
would TO; De needed. The balance OF
trnd- is now; hns been for years. und in
all human Probability will for years 10
come hc III favor Of America. So that at
any time u scttiemsmt might be demand
ed by foreign .csedituTs, the gold paid
out womb be met by n larger amount
coming IN. i,s
"N ltfI'TiAi'i W lliCItlAc llt
amount o. SILVER n tho standard dollar
IL another of the quauk nostruns war
rnnted to cure all financial disorders.
The we'll known history OF the special
''Tradc" dollar. which ia point OF in
trinsic value, was just what this class
Of thinkers would now make of the
STANDARD coin, is qu tc sufficient to
prove the absmdity OF such n scheme.
This present silver dollar 81 4l2I.
grains Is the American standard; has
been since the foundation oil the Gov
ernmcnt mri We hope nnd also be-
lieye that it will al rriuain. We feel
quite confident that IL The voice Of the
people is not drowned Ivy the din Of
holl-DuS ha1zoo's aud niuuo-mctlaIistic
tom toms, ihc. cuiire iepl OF bulls and
bc"rS Who are Struggling for another
chance I" rob ID country by Epeculat-
ing i'll Its currency, will he forced to re-
tire to their Wall Sir e~tllirs and restrict
their operations to personal plumber
ings.