Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1891-03-10
THE SILVER STATUS.

A correSpon ent sends US a cnp-
ping from the New York Tribune
telling what free coinage is and
asking if this is SO. All the state
ments of purported facts are true
that is. free coinage means that
any holder Of bullion 900 fine. can
take his bullion to the mint and
have it coined without cost. in
stating it, the Tribune says: "No
royalty or seigniorage to pay. no
cost of minting, but a benevolent
Government bears all expenses, in
order that every conner from near
and far, American. European, Ash
attic, may take away bright new
United states dollars at the rate
OF one for every 3714 grains of
pure silver" As a statement OF
fact that is correct but the tone
of it is altogether dirty. The writer
would convey the idea that a
mighty injustice would be per-
formed if that state Of affairs ex-
listed; still il he had gold dust, or
some friend of his from South
America or Asia had gold dust
that he desired to have converted
into coin he would take it to the
mint and receive in exchange the
coined eagles, or double eagles, or
half eagles, as he might desire,
and would not feel under any par
ticular obligations t. the Govern
ment on that account.
Next the Tribune writer explains
that Mr. leveland meant by indie
pendent coinage the undertaking
Of the Unit ed States to coin silver
without an arrangement with some
OF the great nations. Next he at
tacks the hill whioh was lately be-
fore Congress by saying that it did
not contemplate the coming Of sill
yer at all, but the taking from the
Treasury, paper notes at the rate
Of 81 294 for every ounce of bull
lion. and these notes to circulate
as legal tender in payment Of all
debts That is correct, except that
the bill proposed to leave it op-
tional to the man who carried the
bullion to the mint to take the
coin or the paper as he pleased.
The Tribune says Of the coined
dollars, that latter many years of
anxious effort by the Treasury. it
has been possible to get in circu-
lation not more than $60,O00,000,
because the people will not carry
around large load of silver"
The writer on silver in the New
York Tribune is a dishonest man.
When he talks about ''the vast and
weary loads Of silver carried by
France or Germany" he talks like
an idiot az well as rascal, because
there is not S2o. zoo, 900 in either
country In silver bullion; it is all
coined, as he very well knows, if
teen and half to one, and circu-
lated among the people as good as
gold. There is an accumulated
mass Of silver in China and India,
but he has never heard of any sill
yer coming back from either coun-
try, except it was said a few years
ago that some trade dollars were
reshipped to this country, but
there is no certainty of that being
true. There were more trade dol
lars coined than the trade of China
absorbed, and as they carried no
legal tender attribute in this coun
try, although they con aimed eight
grains of silver more each than
the standard dollar, they were
worth no more in fact than silver
bullion. and had to be disposed Of
for what they would bring; and
when this man in the Tribune talks
about there being no other plan 10
exclude the enormous mass Of sill
yer outside, he talks as the foolish
talk, because silver is just as prec-
ious as gold, They maintained their
position side by side, except that
silver was the better and more ia
vored metal Of the two until legis-