The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1885-11-26
GOLD vlEws AND SILVER FACTS,

We are not surprised TO lnd that few
people can follow out or lnd much
sepae In the learning OF disQuialtiong
about the rise and fall IN the value OF
gold aud the decline In the value OF sill
YER. On pei uslng the reports OF diacuS-
sions on the anl Jet at the Bankel's
Congress, or tho seeming learned dis
sertdli jns OF monetary experts, one
would be inclined TO think that the de-
prPAal0n OF trade everywhere, and
the whole evils OF The earth, are
solely attributable 10 the gradual de-
cline OF silver, aud that this country In
particular IL rapidly going 10 the doga,
oil through the continued c0ining OF
silver money. Perhaps II may be OBJ
tusenesa on our part, but we must con-
fess that we fall 10 see the necessary
connection Of cause and effect In the
arguments OF these parties, or Indeed
y pertlaent realization .0r logical J..
qnence, In their reasoning, so we fall
TO perceive any good ground for beliey-
Ing that the decline In the value OF all
YER has caused any evil, or that, because
Of II, still greater mischief is impend-
Ing.
One thing we readily admit, and we
greatly blame these alarmlNts for II,
that there Ia u too evident desire on the
part OF the merchants here, In giving
back change TO their customers, p m
uif silver instead OF gold, or Of dollar
bills. But as vet we have heard OF no
worse results from this than the weight
and Inconvenience OF silver dollar In
comparison 10 dollar bills or gold dol
lara. We have not heard OF any mer'
chant refusing 10 take two half dollars
or four quarters for dollar bill, or de-
cllning TO Give IN full value for the one
as the other. A bOst money IL but a
epmbol TO facilitate trade, and ccmea In
place OF the old barter OF goods for
goods. Here when this symbol IL alone
manufactured and Issued by the Gov
ernment, as representing the nation, II
matters little what II (the aymbnD Ii
made OF, 80 long as the credit Of the
country ~ good, aud ieable TO fulHll The
obligation II represents, OF giving thc
full value NJ any time called upon. Sc
long 40 this continues, tho state OF mat
ters, and money q mere symbol coined
huu lhhutu Vhll Wy bho uu'Vh"VhVi ~
would In n practicle sense seem TO mosl
people absurd TO talk Of the decline In
value OF the silver dollar any more thar
OF the dollar bill.
That In one sense n dollar, whether
gold or silver, or u Britieh sovereign, hat
risen In value, 10 beyond doubt-not
however, because II has really risen In
value, OF the obligation Of the Govern
ment has increased, but simply because
the goods for which the symbol Ia 40
cepted 40 an equivalent have decreased
In value; In other words more goods car
be got In exchange for q dollar thar
could formerly be obtained. But 10 long
90 there Ia 10 reason 10 fear that the na
tion Ia going TO become bankrupt, or II
repudlate its obligation, the same guam
tity Of goods would be got for on ebony
dollar II legallzed as current coin, Thai
is the practical bearing In this country
Of the much talked OF decline In the
value OF silver dollar, and the rise In the
value OF gold; aud II must be confessed
that II Ia about as much as ninety.nine
out OF one hundred people In this cOun'
try care TO hear about [Scottlsh Amerl
can Journal.