Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1886-07-30
The Silver ouestion-Part Thru
BY PROF. LEE DAVIS LODGE, AN.

The adoption by any country Of oefec-
tive currency must always act injuric lsly
upon that country's foreign tIade. Ii, by
adhering to our present policy, we drive
gold out OF circulation, and persist in using
cumbersome and deprecated coin, we
shall have to pay the penalty of our folly,
when we come into the keen competition OF
all the worlds traders and economists. We
shall be handicapped by our heavy dollar.
The money of International commerce is
principally gold. England, Germany and
Scandinavia maintain single gold standard.
These other countries are using the good
tool. II we try TO do the same work with a
a bad tool, we shall find ourselves at seri-
GUS disadvantage Our foreign debts must
be paid in gold, purchased by our citizens
from bankers and brokers at q ruinous pre-
MUM. Europeans will not take eighty-fve
cents for dollar. When we adopt the
double standard, moreover, we really give
other nations the power to buy up and
siphon out Of the country our gold by pay
ing for IT q nominal price in cheap. silver.
They, then, will virtually determine what
kind of money We shall use. So we shall
lose control over our own currency, cramp
our foreign commerce and therefore cripple
American industry, and put our people at
the mercy Of sharp financiers abroad and OF
speculatng vampires at home.
Between 1850 and 1878 the United States
borrowed millions of dollars, promising to
pay both principal and interest in coin. AT
the time that these contracts were made
there were no silver dollars circulating, and
business was done on q gold basis Now il
is proposed TO cancel these bonds with de-
preciated silver Is it honest? Shall our
country stamp upon our COINS the motto
In goa we trust ana then steal niteen
cents out oil every dollar from her creditors
shall she borrow IN dire necessity and re-
luse 70 pay IN times Of peace and p9I
snail tne s[eat hepilpilc o. tseptR,,pY l|
sS sonaSo ~ IA y vi a Ii Inv, n,
,oas ,.s..n ~ sNo o'u "'''o ''p '" '"'
o'T NJ 80, son ill., ,o., ,a,aor e., =,
,ni,a fano or sns', o,d 81, on,, ,hna ;r
nair ,ha n,,h,;c f";,,, ga h-aay nrhi;c onn.
49,. piS ",o" 49, s.;,pto do,,,ora
70 Sas,a ~ ,ba;. arad;,nrs oe * ,,or oen, %,
.Ia;s anas 't M. oreat a,or;,r ,ha Hnnar
n sasn a'es 49, T1o =, ,''Sa ,o;,s
pvop W. all, T.n.d % nod;,nr ,ha hnr,
H., us n"y ~" $780, ..,t,1, dano sJ ,ha;,
so ,e ns s,'. aua n;nn. hnIs ord orad, ,oro
,ha s,;d Ss.s ia arnhsn ,;n,na o." no r,lv on tbe
;nta,as, " ,he;r Mites ara cS5ed f' CAM.
,"i;s,s 80 ron-a,;,ns aSarl'a ia orac,,
ia,nrs 90 e,fonr ,ha dah,nrs Shall ,vo
n d ,he,n ,hs ieasi r rh ~ rob The moor
ssnd dafanooisss
gu" ono ca,,se os Tho nreoon, ;ndusiria, crisis
40 ,ha 81 90 r,,ai;s,s 30 a., ,bar money!
lac, !, shariS ~, ,'a;d baoi, 20 ,,,sn, IN donro
c;s,ad cain wiz will Ioan whan The hon.
oS, deht l. i;ohio ~ he ocoiad down. Time
the channaIs ~ tro5o go s,onned ;ndnstrv
hecomes staSnant and the fnIi wsight of the
SIo,r "a lie No. ia Iahnror
finder a donhle standard tho nrices nj
.o,.,..od;,;a Lii s,,,a. 80. a,a,.,a,;oos ~
tha nhoarar ,'o,ai Whe a cid shsII hs va
S;so rrs,a - 90 a o;ro,a,;no ,S,aS;,,n, yaInas
will be es,imateJ in s;iSSor Az tho silver
SoiiorS 20 ,gnr,h iass ,ha, noIS dolla 70
rrioas ,,,,,s, ,'or,;,aIi,, r;ss ,,5.aao,ar ,ho
arharr,, T. ,,,.da to-, a. Ia ~ ,ha a;,var
no &c Ifan "rt;clo ;s ,yor,h a;ahtv a 20 cents
nov, i, will ha Sror,h s;,,er oilsr ar,ov
oo,d sss,i ho W. @ona o,, 81 o;rorio,;on he.
Ssrsa ,ha siIvor 9oIIor will ,han rasS for he
,g , yaIus nd tne up pAIS sIu
IN ,,hich sr;,,s nil, ~ os,;,,atoa IL M
s.sh,a nraaa ,Sa,,sala0 20 ,,,IiI ha S,,h;ac, -
continral var,stions In th;s ,ysv ,hc. eori.
i;hr;nn, nf hn,b inre;on and ND do~os,;c ,1sde
will Iva d;s,nrhad ""N N'''o ~
Rrt while nrices will r;so oono;dershie
;,,orvs, ,vi,, dIanSa hasora wees ora I'd
;ns,ad ~ ,ho orIar IF thinas ErnIouaS wi,
he slow 10 recocn;Se the ins,;ca and force oi
tho arg,,mant nat no t6o coins which tha
Iahorey Receives have faiIan in value and
will M, nnrchasa 90 nnch 90 hefnre he
ought m ne given a Greater n,mhor oS then,
9Il,;ma,eIy oT Course the yort ;ngn,an
will carry his mint hnt he mmst SEVERELY
sufFar dnring he nsint,l ner;od If transi.
tjon when bis wages are nominallv the same
while their nurcbasino nower Is greatly re.
dnced r
The warm.st sympatbies of INV heart have
always gone ont 10 the laboring classes
They cultivate our farms bniId our railroads
and run our factories onr country ia nnder
the deepest obligations 10 them their lives
are shadowed nv many SORROWS and olad
dened Inv too few lows thew are scorned Inv
the rich and nrond and sin with wonder
fnl natience thew Toll on dav afier dav and
wear after wear nerforming their duties a,
citizens and adding 10 The Vglorv of on,
republic Imam them inionitons and nm
wise laws hear most heavily The tariff
A lches them of ,hair earnings falsa friands
hatrav than mononoIias gr;nd the;r faces
and now The silver men desire IN m,
THAR wagaa with danrac;atad monav rrh,
work man mnst he adnca,sd 70 think and
act for themselves Tins onlv can ther 90
cane The clutches IF damagogyas an ths ons
hand and of craftv knayes o5 The other :
The Continued nee of silver 90 a stenas ri
coin u advoca,ed ms;niv s hv ,wo nar,;as