Eureka weekly sentinel. [volume] (Eureka, Nev.) 1887-1902, 1890-03-08
THE ZONES sILyEs ELL.

According 10 late Washington sdviees
the Senate Finance Committee has com
promised on . silver bill which Senator
Jones has reported TO the Senate. we
have not seen the full text of the BILL
nor yet . very elaborate synopsis Of IT,
but still we gather the Information ina
II directs the Secretary Of the Treasury
10 coin 1000 900 standard dollars per
month. There is nothing new in this;
the Law ss il stands to-day permits the
coinage Of 1900, 900 per month. Should
the new bill become o law the only
thing gained will be the removal OF the
discretion Of the Secretary Of the Treas
nry to coin any sum per mouth less than
1000, 900. With an administration
friendly TO silver we could have without
m amendment Of the coinage law Of
1878 all that this new bill will bring rs.
We do not hesitate to say that the
Jones bill is q disappointment. IL falls
short Of the mark. II is not 80 much
the amount as the declaration by the
Government in favor Of unlimited coin
age that 10 needed for silver. This bill
will make compulsory the coinage OF AS
900. 900 per snnum. According TO the
figures OF the Director OF the Mint we
produced in this country last year but
so, 900, 900 Of bullion. Il will be ar.
Qued. Of course, that q law which COM
pels the coinage Of within 100000 Of
the entire product Of the country Is a
great victory for silver. But il viii be
found that such is not the case. We get
nothing that we do not now have II
Window and Harrison would enforce the
law already on the statute books, and
we lose the moral force Of q declaration
in behalf Of free coinage. In q word,
we gain nothing, and abandon the very
essence Of the ~6ght-namely, free and
unlimited coinage. The new bill may
help in an imperceptibly small degree,
but ii 10 sure not to realize the hopes OF
the friends Of silver by advancing mate
rally the product Of our mines. Better
TO have no new legislation on the sub.
ject than give up the free coinage feature
Of the contest. Silver is either good or
bad as . money metal. II it is good it
deserves to be placed on an equal footing
with gold. II bad it should be discred-
tied altogether. There is no half way
ground. The real friend Of silver who is
capable Of arguing from cause to effect,
can never compromise on any PROPOSE.
tion short Of the complete restoration Of
the metal to its old place. The Jones
bill il enacted into law will not be worth
cent an ounce to the bullion product Of
the country and the old fight will have
to be gone all over again. There is more
politics than craftsmanship in the
scheme. Ii is . mere make. believe
proposition, intended more to carry
elections than to help silver. 1t is one
Of those peculiar things which is quite
likely TO deceive both the friends and
the foes Of the people. No great cause
was ever promoted by q compromise
with error. If this great Government
cannot be planted squarely and fairly OF
the doctrine Of unlimited silver coinage
the question might as well be left wher,
1t is, 30 far as benefit to accrue is con
cerned. The question being largely al
international one, we cannot hope for
beneficial effect unless we 60 the who'll
figure. A temporizing policy is neve,
worth fighting for.