Nevada County picayune., 1891-07-16
IS FREE COINAGE EXPEDlENTp

IS sFREE COINAGE EXPEDlENTp
 In the past six months the silver question has been constantly agita- ted, and it now seems that there are two sides to it as we'll as all other questions, although we of the South, who favor free coinage, talked as though there was but one side to it. It is we'll to ponder over and discuss all matters of public concern, the more especially one of such vast inn portance to our whole country, as is free silver coinage, as it is link in the great financial problem.
 We of the South, more than any other portion of this country, feel the need of larger money volume, and have ever been ready to quickly ae- cept anything that promised to put more almighty dollars in circulation, and this Is what free silver coinage promises us, hence it's general ac- ceptancc in this section. We stand prepared to prove free coinage will very greatly relieve the depressed condition of the country, but wish to give our readers few strong points made against it, by some of the wis est men of our country.
 Free silver coinage means that all silver offered at the l.. $. hints shall he coined into money, for the usual fee for such work. As it now is and has been for years past, only limi- ted amount could be coined each month, aud that is bought by the government at the market price for silver bullion, about Sl per ounce, which when coined into money, yielded Sl.22. Thus the govern ment has made profit of PC on each ounce bought. We have what is called "debased' coin. there be- ing only SScts worth of silver in our silver dollars, and this is all they will bring in any European country where there is no silver coinage go- ing on, nor has been for fifteen or twenty years. Europe has eleven hundred million dollars of silver lover 2 billion dollars) she is ready and waiting to turn in at our hints at this profit of PC on the dollar. Are we willing to take it, giving them all of our gold, or our bonds pay able in gold? Do we want :his bulky money to take the place of all other money? Another thing, after we have gotten all of Europe's silver, do we want to be forced to pay it Sl ,22 for every dollars worth of goods got ton from her?' (Our imports amount to millions of dollars each year)
 Another side to this question-who are to be to be the beneticiarics un- der free silver coinage? Evidently it will be those who have silver to be coined into money, and who are these: Our millionaire silver mine owners, only few dozen in number, and European countries which will dump their silver upon us, at 22c profit on each ounce. Certainly these will increase their wealth just 22 per cent. Have we not enough millionaires already:
 In the financial problem the all-im- portant matter is not the issuance or making of money, but how to get it into circulation, after it is made. When these silver barons get hold of the silver, in case of free coinage, will it enter any more into active cir culation among the people, than if it were still in the mines? Then how is it to benefit us in the South, who own no silver mines?
 Another thing, in case of free coin age, after we have all the silver mon ey we can get, the rest of the civ ilized world being against us, and our money appreciates in value, as great financiers claim it must, who will be the losers? Will not such loss be distributed among the whele peo- pie of the country, farmers, mechan- ics and all?
 Now, we have given the main points used against free silver coin age. We have taken much time and pains to read up and inform ourselves upon this great question, and while it's enemies have some seemingly strong points to argue against free coinage, they amount to but little, when properly analysed. We em-