Lyon County times. [volume] (Silver City, Nev.) 1874-1907, 1885-12-05

OF silver has DStH again deSoi'Pi
and silver, together with labor, ana
property in every form, has been beaten
down twenty per cent, compared win
gold. until now the capacity 10 pay any
debt with labor, or with the product OF
soil or loom, or any form oil property,
hos been so reduced that it takes hive
| DAYS labor to pay what four days labor
paid. five bushels of wheat or hve bales
of cotton or five yards of cloth to pay
for what four Of either paid for when
silver was at premium over gold. 1t
is clear that the property OF the country
is being transferred from the millions OF
toilers and borrowers of money to the
thousands who loan money, from work.
ing capital to fixed capital, and the
shrinkage Of values is causing CONNER
cial asphyxia.
We are told that to fully rehabiltate
silver will result in the Punishment OF
gold. The results Of the past eight
years directly refute that proposition;
but if it were true, the answer would be
"Only the rich have gold now. 1t would
be better, even for them, for the mil
| lions Of workers and producers to have
silver, than to have no money at ALL"
We demand, TOO, that there shall be no
change in the weight OF the 4I2a grain
dollar. 1t will buy as much as it could
have bought when silver stood at full
par with gold. Its present apparent de-
probation is due solely to secret and
dishonest legislation. To concede that
its weight should be changed, would be
but rewarding past wickedness and Of
fering a premium for further legislation
of the same kind. The representations
of evils to follow a complete remonetl-
cation of silver, INDUCED in by single
standard advocates, are exploded by
single fact. In the anti-silver conven-
ton, known as the Bankers convention
held in Chicago, few weeks since, the
ablest advocate Of the dangers to follow
further coinage Of silver stated that
the limit of silver now held in Europe
and the United States amounts to ST.
| 100, 900, 600. Assuming that his figures
were correct, were all the silver of
Europe to be dumped upon the United
States and to enter into our coinage, we
would then lack money enough to make
our total money per capita equal to the
per capita of France by 5000, 900, 900.
Europe could not spare US 500, 900, 900,
without advancing the price to par with
gold. Europe is not a silver producing
region. 1t has to depend upon the
| United States and Spanish America for
its annual supply, and were we to alb
sorb merely the product of our our
| ENr hat
ton alone would compel an advance of
fifteen points in Europe. We are aware
that it will be charged that because sill
yer mining is prominent industry with
us, we art actuated by sordid and selfish
motives in making our demand for full
restoration Of silver as money. We do
not claim to be any better or less selfish
than the majority OF mankind; buff we
are not convinced that every man who
works or owns property, or hopes to own
property, is just as much interested in
this move as we are, we would ask
merely for fair tariff on silver, even as
we do on lead. But we ask no tariff;
we waive the fact that the wicked war
on silver has cost US IS 900, 900 yearly
for ten years past, and ask for nothing
that has not been conceded through all
the ages since the dawn of civilization
and the commencement of commerce
among men. Silver has always been
the money OF the masses; nothing can
supply its place in daily small transac-
tons. The warfare upon it is Gripping
business here, in Great Britain and Ger
many, and France seems to be the only
country in civilization whose statesmen
have the instinct to keep it in full cir.
tculation, and to watch most closely
what effects the domestic trade of the
state.
lie our own country, the domestic
trade amounts to ninety seven per cent.
of the whole, and our hopes for future
trade lies with countries in which sill.
yer is the sole standard of values. Yet,
If we were 10 listen to what is told us,
we would be made to believe that our
three per cent. of foreign commerce is
OF more concern than the ninety-seven
per cent. Ours is the great silver pro-
ducing country of the world. Other
countries protect precious metal mining.
To strike down silver will reduce the
product OF lead and gold one.third.
Despite this, though on an area only
trife less than all Europe, our sixty
millions of people are doing work which
amounts annually to something equiva-
lent to the full equipment in population
and wealth Of state like Norway or
Scotland; though we are the richest of
nations in accumulated wealth, and
with more resources from which to Gre
ate wealth than any other half dozen
nations; though at least 81 900, 600, 900
more of good money is needed with