The weekly intelligencer. [volume] (Lexington, Mo.) 1891-1901, 1891-05-16
SILVER BEAMS.

The history of gold and silver shows
that silver has fiuctuated far less than
gold.
Government has discontinued the
coinage of the silver dollar. That was
the intention of the Window bill.
Henry Watterson wants to lay aside
the silver coinage issue. Not surpris'
ing. Henry always was a crank.
1t would cost Europe, say men who
are informed, S33, 500, 900 to ship it:
silver to the United States and have il
coined into American dollars.
Some fellow writing in the Kansas
City Star speaks of the late Secretary
Window as a friend of silver coinage
Yes, as the wolf is the friend of the
lamb.
If all the silver product of the worlt
for one year were coined into silver dol
lars, there would not be enough of then
to pay our annual pension appropri
atoms.
France has 5000, OOO, 900 in gold ant
500, 900 900 in silver, $50, O00, 900 O.
which is full legal tender. The
French ratio is 1873 of silver to l Of
gold, and would coin but 961s cents il
the American coin.
The gold-bugs declare that silver is
a fiuctuating commodity. So would
gold be if it should be demonetized.
The crime against silver and the peo-
pie who need 1t as money is in making
a commodity of it.
If Europe was half so anxious to get
rid of its silver as it is claimed by the
monometalists, it would send it to In
dia where every of coined silver
is worth about 3 cents more than it is
in Europe and nearly six cents more
than in the United States.
Mr.. Edward Holden is authority for
the statement hat So per cent of the
gold produced in the United states is
obtained from silver ores. Hence when
we cripple silver mining we discourage
the production of gold. Perhaps, as
it is to the interest of the money power
to have money scarce and high, it will
suit it just as well to check the produc-
ton of the dearer metal.
During the past 800 years the pro
duction of gold has been 7,240, 900
of silver 81, Asa, 900. OF gold,t the Unit
ed States has been the largest producer
her per cent being 1917. The Spanish
American States, however, collectively
have produced 21.5 per cent. The grea
silver producing countries are Mexico,
which has produced 40. per cent; Peru
1913, and the United States, 8 per cent
The rupee of India is 1876 cents. Three
of these in exchange in France and En-
gland are equal to the coin %equivalen
of our dollar. But the rupee only con
tains 116.1 grains, or 348.3 to our dol
lar of 371.55. How foolish Europe
would be to send its silver to the United
States to be coined into our dollars
which contain 371.25 grains of pur'
silver when they could send it to Indi;
where they would save 1872 grains or
every dollars worth coined.
The nations that have the singl,
standard of gold are Brazil, Denmark
Egypt, Germany, Great Britain, Liberia
New Foundland, Norway, Portugal
Sweden and Turkey. Those that have
silver for q standard are Austria Hun,
gary, Bolivia, Central America, China
Columbia, Ecuador, India, Mexico
Peru, Russia, Tripoli and Venezuela
The double standard nations are. the
Argentine Republic, Belgium, Chilli
Cuba, France, Greece, Hayti, Italy
Japan, The Netherlands. Spain, Switzer
land, the United States.