The critic., 1891-01-29
FREE COINAGE.

a Plea in Its Behalf by n Believer.
Editor Of The Critic'
! hold that Free Coinage will benefit the
people for many reasons.
First, because that at the least calcula-
ton there are Four Millions of Money in
vested in machinery in getting Gold or
Silver from the bowels OF the earth.
Second, that each and every company
that is accessory to the production of this
Gold and Silver has to come to the Secre.
tary Of the Treasury as the Law stands
now, with their silver bullion for sale and
after they sell the Bullion TO the Secretary
of hcTi1casury to the amount of Silver
Bullion which the Secretary has the Au-
tholity to purchase by Law, the balance
of the silver bullion remains on the hands
Of the owner, in case there is no consump-
tion for its sale in foreign Countries.
Third, and whereas If the present law,
which has recently passed the Senate be-
comes LAW, then the owners of the silver
bullion can come TO the dilferents MINrs
of the United States and every Dollart that
they own in case IL is of the proper refine
ment, get IL coined into silver dollars aud
thereafter do what they please with IL, from
the fact thatit is made Legal Tender hay
ing thereon the Government stamp just as
the Bland Dollar has now and rs the old
Dollar of the Daddy had in the Ante
Bellum Days, and thus IL Is brought on
parity with Gold.
Fourth. 1t is presumed or it can be
shown as q fact from the Annual produc-
ton of Silver in the u. $. that the free
coinage of silver among the people
rer capita equal to that in circula-
ton by the Government of Great Brit
tin, being s27'50 per capita and that of
the Government of FRANCE which ut the
present day has got only about $1,000 in
circulation per capita. twill thus readily
be seen that there are no EMIGRANTs COM
ing from England, or France to the Y. S.
except Capitalists to invest, all the others
countries of Europe which have compare
lively speaking demonitized Silver
Namely:--Italy, Spain, Germany, Bel
GUM, and Russia and glut America with
their LABoRERs Because they are frozen
out of that Country by the Aristocrats and
1anlords who hold to the Gold Standard.
thus to hold Aristocrstic Supremacy TO
these countries and they being the parties
that are allowed to make the LAWS.
The only defense that could be raised
against the Free Coinage of Silver by either
the Senate, House of Representatives, or
the President of the United States, is the
fact that they only can give an OPINION
against it, on the grounds that this would
open our MINTs for the coinage of Silver
Bullion from Foreign Countries, that this
NbNli bNNtoiOh SN'h Elut VI i'iiNtl anu
| Circulation in America that il would De-
monitise gold and consequently Gold
| having no market in America, would
therefore seek market in Foreign Coun-
| tries.
II can be shown by thinking men upon
the question that this opposition to the
| free coinage of Silver is Absurd, it will be
| observed that the population of the East
| Indies who make Silver their monitary
circulating medium and all their iewelry
| and ornaments, is comprised'of 450 Mil
| lions of people, and that Asia in popula-
| ton, who also makes silver their crcu-
| lating medium and ornaments, it is there
| fore well-known fact, which is easy of
| DEMONSTRATION, that the amount of Silver
| raised outside of the United States of
America is not sufficient for the consump-
ton of these people alone, and it will
readily be seen that no account of the
| United States by the Bill that passed the
| Senate, putting the proper number ofgrains
| of refined silver in the Dollar that It will
| find its way to these countries in Defiance
| Of England or any other European
| Market, and that this will force the Ell
| ropean Nations to increase the value of
| the silver coinage in order to compete
with the American Dollar in the Coun-
| tries afore mentioned. III. ID. l..