Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-12-08
b tne sum and melhOds o. iederal AZ

IN tue sum ana methods OF federal tax
alton
II win recover to the United States AN
equality OF position (non.colnagel with
foreign powers, which will give as due
influence in negotiation.
IL will induce negotiation, aud neRotla.
ton TO the end Of relief, not for tho pur-
pose OF delay, gyu
stopping the purchase aud Collage OF
silver Is the tirst step aud The b, II which
the United States can take Ia doing their
great part to repair the monetary dIslo-
cation OF the world lts origin was for
elgni It's remedy Is International The
ttme Is ripe for this powerful common
wealth to enter declslvtly upon that
great international transaction. The
ripe moment must not DO let slip, After
becoming ontangled In negotiation, we
should not be free, as now, 20 act, nrst
Tor our own advantage, and
then for tile promoting o. our
own delvorance and the warldie
dclivornuoo from THIS worldwide trouble.
Depressing industry aud trade, II Affscts
private prosperity everywhere. But ia
influence upon government finances ~
separable injury aud VARIES In different
states according TO the fiscal ana eur.
reuoy aystcms Witch n disturbs, la Eor-
land the depression IL serious, but the
diaorderod tlnanoes OF her largest dc.
peudoncy luila, are the point Of trouble
which touchte the government OF Great
Britain, IA France pnd q srmany tho des
precision Is general, mt the asnal prob.
lem Is the maintenance Of an enormous
hut not onlarglng stock OF golued silver
lately deprecated nearly 50 per cent, at
par with gold while keeping both In use.
\ the United States the depression Of
trade IN great, caused by thu natural nm
Willingness OF those whose savings are
little as OF those whose capital ~ large,
10 risk lbs loss In falling ptlcts and the
h0g lrd Of silver basis, thus contracting
everywhere not money, Of which there n
a supRra0undance, but the employment
Ot savings as capital, by means OF
money, In organizing Industry and keep
ing labor busy. Hut the trouble mean
while caused 70 tho government nnauoos
Is different. Here, too. AZ IN France and
IN Germany there IL need Of holding an
nurmous and also enlarging stock
(larRer now than that Of France relatively
10 our commercial and banking hsbsts) of
coined silver, lately Deprecated 80 per
cent, at par with gold while keeping
both In use.
To stop the purchase and coinage Of
silver II for this our local tronhle the tlrst
aud best step. To Increase our stock IN
10 increase the difficulties Of tho treasury,
illegitimate and abnormal difficulties,
which ought never to be imposed upon
the treasury II any democratic govern
mont, and which ought not TO be In
creased. Its mission Is 20 coin the two
metals Into money for the pnblle--as
much ns everybody asks II has no llt-
ness for coming for Itself aud Keeping the
cuinage, rs proper buslneas as a use Is
to receive The peoples revenue from taxes
In God money which II has coined for
them, and % expend that money AZ con-
gress bids, keeping no surplus at MI boz
You'd what insuros pnnctual payments. A
trcasur surplus is standing proof Of bad
finance Of bad laws, II such have made
10 NECESSARY,
II TO manufacture and store or distrib-
ute coin OF u deprecated metal could stop
ilH depreciation, or relieve tho depression
Of trade, or improve the money clrcpla-
ton, or call out into use for the full en-
ployment Of labor more Of loanablc capi-
tai, or arrest the drop In price, then The
treasury trouble and the tax burden
would have some Offset But II does the
reverse. IL inspires the owners, the bor-
r0wefs, and employers Of capital who
organize work Tor working men 10 do,
with an utterly incufable dlatrust.
IL is reasonable dlntrust, which
every man who has carried and saved 80
that he would like 70 employ or lend
40 capital, knows MS wen az
those who have saved thousancs Of dollars
rom their earnings. Every waBe'earner,
too, knows as well ~ they thai silver IN
falion has not stimulated aud does not
stimulate Industry or trade Silver has
never been as low as thle year, az pence)
though tho treasury has bought and
stamped $3.50, 900, 900 Of II IN the last
sight years PriceB Of all commodities
range lower than IN any previous yeas OF
he nineteenth century,
CONSEQUENCES or STOPPING SILVER FUR.
cnAsEs.
To stop the purchase OF silver will en-.
Ible the treasury, while The monetary
ystcm Is restoring 10 is normal condi-
ions, 70 maintain with certainty and
,reater ease the present stock 81 silver
DIN AZ par with gold IN ali Ouf fiscal aud
Deal uses, 10 the great relief from dis
rust OF the owners and employers Of
apital, and TO the greater relief and in-
reaslpg employm o. laoof--the iirst
ruits OF sound finance and the INST con
ition Of prosperity.
To stop the purchase Of silver OF course
rill CAUSE new fall In the London mar
et Speedlcr and moro assured viii then
&c the day OF rs final restoration 70 lts
ormer place Ia the money Of Tho world.
I Is the recent heavy iill wnich mas
pened eyes that were bind and ears thai
we're dcnf Buta fih Of silver = The ex-
ensc and iafnx 70 the treasury sIo
topped, viii NOT enhance the trouble Of
be treasury or increase tie diileplsy o.
he GUY which the laws Impose - Keep
he silver elfcu aiioE a. pr Win g9ll
iilhil our own jurisdiction 81
purse, compulsory employment ~
iOuey temporarily ara locally 'nitiier,
! fuDded.dept paymen.yi o. 10 dai'y *
epses oi apy sort, means compulsory
acepiance, ana w0uid ioice iha inieflor
y 20 appear, whereas rs tkilial employ
tent ana au optional acceptance, which
&c Laws u congress do e0t fpr9il, VIII
rcyent that inierlorily from appearing
our domestic trade which nothing can
Isguise Ia or foreign exenapge
NJ prospective fail 10 toe purchasing
Jwar Of The metal can Do 50 hafasslpHto
e treasury as me perpetual inponr II
lin modn ioll legal tender 70,
H. {. "a e.