Roseburg review. [volume] (Roseburg, Or.) 1885-1920, 1885-10-23
ROSEBURG REVIEW
SILVER ~. COLD.

labor and forms the standard Of what
he is compelled to buy to sustain him
self and family. As it is driven out /
OF circulation by artiice and legislation
20 will squaller, poverty and hard
times follow in the path of its retrac-
tion. We have for the last eighteen
months or two years heard the com
plant of hard times, and during this
time it has been difficult to get twen-
ty dollar gold piece changed here in
Roseburg, even at our most prosperous
business houses. The capitalists of
the East understand its purchasing
power and the great leveler it Is for
equalizing the burthens Of society when
in circulation and in the hands of the
great mass Of our people.
The Gold Kings of the eastern states
readily foresee the lever which free
coinage and circulation Of the products
of the silver mines of the West will
prove in eq uallzing tho burthens of
labor and capital. They look upon
the development OF tho silver mines
of the West as stumbling block to
their concentrated and organized pul
pose to control the wealth of the entire
country, and from their moneyed cen
tors dictate the price for labor and
compel both soil and muscle to pay
tribute to their overloaded Golfers.
It is from these sordid motives that
goes forth the lamentations and clamor
for single gold standard. The Re-
publican administration, since the pas
sage OF the silver bill, under survielance
to the moneyed power, and in disregard
of the law Of Congress, have successful
ly prevented the free circulation of the
silver money which they were com
pelled to coin.
Whilst we heartily endorse the main
features of Pres ident Cleveiand's ad-
ministration, we are compelled 20 view
with grave apprehension his present
attitude ON this impol tant question lest
he should follow in the wake of his
predecessors and under the leadership
and dictation of Daniel Manning, Sec
retary Of the Treasurv, join the gold
bugs of the East in their clamor for
the repeal of the Silver Coinage Act,
and return to the single gold stand
aad inflated with paper rsgs.
The principal Argument made use of
agalnss.ne passage Of the silver bill
was that it's coinage would create II
double standard of values and drive
the gold coin out of circulation and
force it into foreign countries. So i'm
pressed did people become with this
fallacioHs argument that soon after the
silver bill in 1876 here on this coast,
they gave twenty-one dollars and ten
cents of their money for a twenty dol
lar gold piece; and they have never
been able to get this money which they
sid at discount back at par, and
have in some instances been compelled
to pay premium for change.
We have recently viewed with alarm
both the Republican and Democratic
parties Of tie great state of New York
In their State conventions declare
against the further coinage of silver
money.
The legislative assemblies of 10th
this state and the state of Nevada at
their recent sessions voiced the senti-
ment of the people of this coast upon
this issne, by passing almost unani-
mously joint resolutions to the effect
'That our Senators in Congress be in
structed to urge upon Congress to en-
act such laws rs will provide for the
free and unlimited coinage Of silver and
restore it to it's former relative value
with gold" Whenever we attempt to
get twenty dollar gold piece changed,
and have to walk all over town and
then pay premium for the accomoda-
tiOn, we can readily appreciate the rel
ative value of the CONS and the fallacy
of the declaration that the silver dollar
is only worth eighty cents.
Let silver be made legal tender for
ell dues, debts and demands the same
Rs gold, and a free and unlimited coin
age; and every dollar that is minted
and placed in circulation in the hands
Of the people adds that much material
wealth to the country and places with
In the peoples grasp, freed from the
locks and tolts OF the moneyed power
means to carry on the industries of the
land and develope the resources of oul
icountry.