The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1891-07-31
Mr.. Gaitskill, OF Mcintosh, Seeks
More Light on the Free Coin
age of silver Where the
Benefits to Him Come In.

| BeuentS 10 HIN OOlne III.
] To the Editor of The Banner:
Some weeks since wrote you asking
that you have some friend of the free
coinage explain how free coinage would
benefit Florida farmer.
In the BANNER of July 18th, Mr.. j. NJ
Roe. of Buchanan, Mich, makes answer
hv asaun,ing that am opposed to Tree
coinage. I am neither opposed to nor
in favor of free coinage, as / do not
know what the result will be, but desire
information.
Mr.. Roe says it will increase the
amount of money in circulation. /
would like to know what the increase
would likely be. If | understand the
present silver law, all silver offered the
government at a fair price is bought and
either coined or silver certificates put in
circulation instead of the coin, which
amounts to the same thing. Now, if all
available silver is either coined or repre-
scented in our circulating medium, how
would free coinage add to the circulat-
ing medium? | can SEE, think, how
would be benefited if l had a lot of
silver bullion and could get it coined at
no expense to me.
Mr.. Roe says: More money in circu-
lation would give me better prices for
what had to sell. This may be true.
but would / not have to pay more for
| tho fhsnOc I ho1 10 hY.xV nd -
matters be even in the end? Except if
had more money might be more ex.
travagant, and forget the lessons in
economy taught me by my father. /
cannot see that we need more money,
but credit, or things on which TO base a
credit. This will allow me to get all I
may want to buy. ! send my produce
basis of credit-to New York, the
commission merchant sells it and sends
me his check, and l send this check to !
bank in Ocala they give me credit, l
buy whatever l need and write check
on the bank that has given me credit,
simply an order for the bank to trans-
fer credits. have sold nv produce, l
have acquired what wanted, and have
not handled or seen a single dollar. If
/ can get what want without money,
why should | burden myself with a lot
of silver, or other money? What |
want is something to offer for sale, to
enable me to get some other mans
credit transferred to me. Things were
different in the years gone by. Money
was more necessary in business transact
actions than now.
| am little surprised that Mr.. Roe
should ask me to explain how reduc-
ton of the tariff benefits me. l pre-
sumo he uses sugar and can readily tell
the difference in the sweetening power
of dollars worth Of sugar now and
a few months ago and if he wants to
buy good importe shot gun, aud finds
he has to pay six dollars more for it
now than he did before the Mckinley
bill became a law; let him figure the
difference in the cost of good tin roof
for his house now and the cost before
the Mckinley bin became a law.
If reduction of tariff is good thing
in sugar, why viii it not be in the other
of the necessaries of life? II is not more
money want, but would like to he
allowed to keep my money after make
it, and not be forced to give 60 per cent.
of my earnings to the manufacturers.
am in favor of equal rights to all |
and special privileges to none," free
coinage savors of special privilege to the |
man with silver bullion, and have not
yet been told where my share comes in,
and / ask for information.
S. II. GAfrsKILL.